By Adebanjo Mokolu When President Bola Tinubu took office at the helm of Africa’s largest democracy, he said in my inaugural address that Nigeria is “too great a nation and too grounded as a people to rob ourselves of our finest destiny.” It was a statement of commitment to govern and not rule, to consult and dialogue but never dictate. Now that we are a year into the Tinubu era, it would be useful to reflect on its achievements and the foundations it is building for a prosperous future. President Tinubu inherited an economy that despite its latent advantages -…
Author: Michael Chibuzo
The Senior Special Assistant to President Tinubu on Media and Publicity, Temitope Ajayi has called for a rational conversation on the minimum wage issue. In a post on his X handle, the Presidential Aide acknowledged that in the face of the rising cost of living in the country, there is need for a higher national minimum wage. He however stated that the negotiation for a new national minimum wage by the Labour Movement should be rational and tempered within economic realities and capacity of both the government and private employers to pay. “Aluta approach of the Labour Movement won’t solve…
The Geregu Power Plc has signed a massive deal with German company, Siemens Energy to expand the capacity of its existing power plants to generate additional 265MW of electricity as well as to build new lower turbines that will generate a fresh 500MW of electricity in what would form Geregu power plant 3. With these upgrades, a total of 765MW would be added to the generation capacity of the Geregu Power Plc and will bring the company’s total installed capacity to 1200MW. The announcement of the deal with Siemens was contained in the notice sent to the Nigerian Exchange Limited…
By Michael Chibuzo It will take me a while to decide whether to finally memorise our new national anthem. However, I want to point out that even though national anthem is not Nigeria’s biggest problem at the moment, deciding to revert to the old national anthem DOES NOT prevent other serious problems facing us from being tackled by the government at all levels. These things can happen SIMULTANEOUSLY. So, critics should find another line of criticism. On the merits of changing the National anthem, persons in my generation may not feel deep connection to the old national anthem because I…
President Bola Tinubu has signed the National Anthem Bill 2024 earlier passed by the national assembly into law. The bill seeks to reinstate the old anthem, “Nigeria, We Hail Thee.” With the presidential assent to the Bill, “Arise O Compatriots” will no longer be recognised as Nigeria’s national anthem in official functions. Below is the lyrics of the new national anthem: Nigeria we hail thee Our own dear native land Though tribes and tongue may differ In brotherhood we stand Nigerians all, are proud to serve Our sovereign Motherland. Our flag shall be a symbol That truth and justice reign…
The Abia State chapter of the Peoples Democratic Party (PDP) has acknowledged that it made many mistakes during its 24 years rule in Abia State and has asked for Abians to forgive the party as it has learnt from its past mistakes. The Acting publicity secretary of the PDP in Abia State, Abraham Amah made this known over the weekend while addressing news men. He said, “We are proud to say that today, Abia PDP is learning from the enormous mistakes we have made and we’re committed to make sure that in the days, weeks and months ahead that those…
President Bola Ahmed Tinubu on Sunday flagged off the construction of the iconic Lagos-Calabar coastal road project from the zero point at Victoria Island in Lagos. The President had earlier on commissioned the completed Apapa-Oworosonki express in Lagos, which was started under President Muhammadu Buhari’s administration. The road was financed by the Dangote Group under the infrastructure tax credit scheme and constructed using concrete pavement technology by Hitech. The President also commissioned virtually, the completed rehabilitation of the 3rd mainland Bridge in Lagos with Minister of Works revealing that work is ongoing at the bridge and three other bridges in…
A passenger train travelling along the Abuja-Kaduna standard gauge railway has derailed. Hundreds of Passengers onboard the train are stranded with information sketchy on what caused the derailment. Information on possible casualties is also unclear at the moment. More details later…
The deposed Emir of Kano, Aminu Ado Bayero, has arrived in the ancient city Kano to resume duties as Emir of Kano. The Deputy Governor of Kano State has accused the National Security Adviser, Nuhu Ribadu of ordering the return of the deposed Emir. Following his dethronement by Gov. Abba Yusuf on Thursday, his whereabouts was unknown. Earlier this morning, HRH, Muhammad Sanusi II gained entrance into the palace of the Emir of Kano alongside the Deputy Governor of Kano State. More details later…
The National Bureau of Statistics (NBS) has revealed that Nigeria’s Gross Domestic Product (GDP) grew by 2.98% (year-on-year) in real terms in the first quarter of 2024. According to the Nigerian Gross Domestic Product Report for Q1 2024 released by the NBS, the GDP growth rate is higher than the 2.31% recorded in the first quarter of 2023 and lower than the fourth quarter of 2023, which was 3.46%. The NBS report further indicated that the performance of the GDP in the first quarter of 2024 was driven mainly by the Services sector, which recorded a growth of 4.32% and…