The Chief of Staff to the President, Rt. Hon. Femi Gbajabiamila has reacted to the viral misrepresentation of a budget line item in the 2024 Appropriation bill under the Office of the Chief of Staff to the President incorrectly indicating that the sum of N20.5 Billion was earmarked for the renovation of the residence of the Chief of Staff. According to a post made by Gbajabiamila in his official X and Facebook handles, the said N20.5 Billion was clearly budgeted for renovation of Presidential Quarters in Dodan Barracks and the Vice President’s Lodge in Lagos, overhaul of the information management…
Author: Michael Chibuzo
The Hon Minister of Interior, Dr Olubunmi Tunji-Ojo described the Nigeria Security, Printing and Minting Plc, as pride of the country. Dr. Tunji-Oju, said the country’s Security Printing and Minting company is sovereignty of Nigeria as a nation, every one should be proud of, urging that the company should not just preoccupy itself with printing of currencies only, but inclusive of all other security documents in the country He said, left to him he would want to partner with the nation’s security printing company if the needed capacity and facilities are up to speed. The Minister made the declaration…
The Chief of Army Staff (COAS) Lieutenant General Taoreed Lagbaja has paid a condolence visit to Tudun Biri community in Igabi Local Government Area of Kaduna State. According to statement released by the army headquarters, the Army Chief arrived the community in the early hours of Tuesday 5 December 2023, accompanied by Principal Staff Officers from the Army Headquarters and the General Officer Commanding 1 Division, where he met with the Dangaladima Zazau, the District Head of Rigasa, Architect Aminu Idris, other leaders and members of the community. The COAS in an emotion laden speech expressed regrets on the…
Following the controversy generated by the list of delegates from Nigeria that registered to attend the ongoing COP28 taking place in Dubai, the federal government has clarified that out of the 1411 persons that registered to participate in the climate change events in Dubai, the number of persons in the federal government delegation comprise only 422 persons. This clarification is contained in a statement released by the Minister of Information, Mohammed Idris. Below is the full statement by the Information Minister: Federal Government has noted with interest the public conversation on the number of delegates from Nigeria attending the ongoing…
By Michael Chibuzo President Bola Ahmed Tinubu is currently in the United Arab Emirates alongside other world leaders for the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) otherwise known as COP28. Each year, the COP brings together world leaders, scientists and activists to discuss and make progress on global climate action. The goals of these annual gatherings include reducing greenhouse gas emissions, increasing climate adaptation and resilience, and mobilizing finance for climate action. Reducing greenhouse emissions entails reducing use of fossil fuel incrementally. But Nigeria is rich in fossil fuel and depends…
President Bola Tinubu and German Chancellor Olaf Scholz on Friday evening in Dubai, United Arab Emirates, witnessed the signing of an accelerated performance agreement aimed at expediting the implementation of the Presidential Power Initiative (PPI) to improve electricity supply in Nigeria. The agreement, consummated on the sidelines of the COP28 climate summit, was signed by Mr. Kenny Anuwe, the Managing Director and CEO of FGN Power Company, and Ms. Nadja Haakansson, Siemens Energy’s Senior Vice President and Managing Director for Africa. The PPI, formerly known as the Nigeria Electrification Roadmap Initiative, was the outcome of the visit of former German…
By Michael Chibuzo On Friday, 2nd December, 2023 Anambra political scene will witness a seismic shift and an informal change of baton following the formal entry of two political heavyweights in Anambra State, Senator Ifeanyi Ubah and Sen. Uche Ekwunife into the All Progressives Congress fold in what promises to be an era-defining moment. Few weeks ago, the Senator representing Anambra South Senatorial District in the National Assembly, Distinguished Senator Ifeanyi Ubah, joined the APC on the floor of the red hallowed chamber. This political move sent shivers down the spine of Prof. Charles Chukwuma Soludo and the All Progressives…
The Supreme Court has ordered that the old N200, N500, N1000 notes should continue to co-exist with the new notes till further notice while ruling on an application brought before it by the federal government. The apex court ruled that both old and new notes should continue to remain legal tender until the Federal Government put a process in place for its replacement or redesign after due consultation with relevant stakeholders. The federal government had filed an application before the supreme court seeking an extension for old naira notes to remain in circulation. In March 2023, the supreme court had…
President Bola Tinubu will, on Wednesday, depart Abuja for Dubai, United Arab Emirates, to attend the COP28 Climate Summit, also known as the 28th United Nations Climate Change Conference, or Conference of the Parties of the UNFCCC (COP28). At the World Leaders’ Summit, which takes place on December 1 and 2, 2023, under the theme, “Unite, Act, and Deliver,” President Tinubu will deliver a national statement, highlighting Nigeria’s stance on various thematic issues, including renewable energy and climate financing. Mindful of the severe impact of climate change on Nigeria, such as desertification, flooding, erosion, drought, and national security risks arising…
President Bola Ahmed Tinubu is set to present the 2024 Appropriation Bill before the joint session of the national assembly on Wednesday, 29th November, 2023. This follows yesterday’s approval by the Federal Executive Council (FEC) of the 2024 appropriation bill of N27.50 trillion, which is a N1.5 trillion increase from the earlier estimated bill. The federal government had proposed N26.2 trillion in the Medium Term Expenditure Framework (MTEF) but reviewed the MTEF after it was recently approved by the National Assembly. The Minister of Budget and National Planning, Atiku Bagudu, while explaining the rationale behind the slight adjustments said that the…