…says Nigeria attracted $30 billion worth of foreign investments in 2023 President Bola Tinubu has announced that the N30 trillion ways and means debt the federal government owed the Central Bank of Nigeria has been cleared. The President, who stated this in his 64th independence day broadcast to the nation also noted that the CBN under his watch has also cleared around $7 billion FX backlog and still managed to add around $3 billion to the foreign reserves balance his administration met upon assumption of office last year. While speaking on monetary policy direction of his administration, the president said,…
Author: Michael Chibuzo
President Bola Tinubu has promised that following the ongoing unprecedented war against terror and banditry by the security agencies, many farmers who were hitherto afraid of going to farms would soon return to their farms as more bandits and terrorists are decimated. The President said this as part of his nationwide broadcast on Tuesday to commemorate Nigeria’s 64th independence anniversary. The President noted that a leap in food production with the consequent effect on high food prices can only be achieved when peace and security is restored to farming communities. “My administration took over the leadership of our country 16…
The Knights of Sir Paul Chukwuma (KSP), a leading grassroots support group championing the governorship campaign of Sir Paul Chukwuma has successfully concluded its zonal tour in Anambra North Senatorial District. The final leg of this first phase of the tour took place in Otuocha, Anambra East Local Government Area, bringing together executives from the seven LGAs that make up the district. During the meeting, deliberations focused on strategic plans to secure Sir Paul Chukwuma’s emergence as the APC governorship candidate for the 2025 elections. Hon. Ikedinobi J. Rapuluchukwu (Onyeozioma Oseburuwa), the convener and State Coordinator of KSP, expressed his…
As the intrigues surrounding the triangular battle of wits and grit between popular crossdresser Idris Olanrewaju (aka Bobrisky), social media influencer, VeryDarkman and the Falanas fester, the multi-dimensional drama has led to new revelations about alleged financial dealings involving some so-called #EndSARS protest leaders with popular lawyer, Femi Falana, SAN equally fingered in the web. A self-professed freedom fighter and founder of a group known as Competent Nigerians, Princess Banke Oniru on Sunday made some revelations regarding how popular Obidient Influencer, Serah Ibrahim partook in sharing millions of Naira released by the Lagos State government as compensation to some victims…
NIGERIA TO COLLABORATE WITH UNICEF, USAID TO COMBAT LEAD POISONING The Minister of Solid Minerals Development, Dr. Dele Alake has pledged Nigeria’s support to the global campaign against lead poisoning to save the lives of vulnerable citizens. Reviewing the exhibition on the lead campaign at the Lead-Free Future event organised by the United Nations Children’s Fund (UNICEF) and United States Agency for International Development (USAID) on the sidelines of the on-going United Nations General Assembly, Dr Alake announced plans to procure additional equipment for the detection of lead in communities plagued by lead poisoning. Dr. Alake advocated for more enlightenment…
By Fredrick Nwabufo Trust is an essential quality. It is a valuable non-commodity asset. It is the diviner of promise and fulfilment. A government that succeeds is one which holds sufficient public trust and exerts itself considerably to keep it by delivering on its promises. Introducing the consumer credit scheme was one of the foremost pledges of President Bola Tinubu during the 2023 presidential campaigns. The President had said: ‘’Corruption will be addressed when an individual does not need to have cash readily available to buy a vehicle, for instance, if there is a credit facility to finance it. Credit…
Dr. Bello Matawalle, Nigeria’s Minister of State for Defence, has announced that the government, under the leadership of President Bola Ahmed Tinubu, has undertaken a comprehensive restructuring of the Defence Industries Corporation of Nigeria (DICON), aimed at bolstering its production capabilities. According to Matawalle, this initiative is set to save Nigeria millions of dollars previously spent on arms procurement abroad. Speaking in an interview with Channels TV particularly on the commemoration of DICON’s 60th anniversary, Dr. Matawalle emphasized the urgent need for Nigeria to increase its local manufacturing output, particularly in the defence sector, to address the country’s growing security…
…as DP World proposes multibillion-dollar port project in Nigeria Vice President Kashim Shettima has welcomed ExxonMobil’s proposed $10 billion investment in Nigeria’s deep-water oil operations, describing it as a clear testament to the administration’s economic reforms and investment-friendly policies. This is coming just as the international maritime giant, DP World, has announced plans to develop a multibillion-dollar port project in Nigeria. The Vice President stated this on Wednesday during a high-level meeting with ExxonMobil executives on the sidelines of the ongoing 79th Session of the United Nations General Assembly in York, United States. “This potential investment by ExxonMobil aligns perfectly…
Dr. Bello Matawalle, Nigeria’s Minister of State for Defence, has revealed that during his tenure as Governor of Zamfara State, he successfully secured the release of thousands of innocent citizens abducted by bandits, without paying any ransom. Matawalle stated that he utilized all available options, including dialogue, a strategy that was endorsed by key stakeholders within the state and ultimately proved effective. The Minister made this disclosure on Monday during an exclusive interview with Channels TV, where he recounted his time as Governor and his current role as Minister of State for Defence. He emphasized that his engagement in dialogue…
…lawyers who comment on ongoing matters in court to be dealt decisively. The Acting Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun, says she is known for integrity and discipline and promised to among other things ensure the independence of the judiciary and enforcement of the code of conduct for judicial officers. Justice Kekere-Ekun spoke on Wednesday when she appeared before the senate for screening as the substantive CJN. The CJN while responding to questions from Senators said she would ensure the independence and integrity of the court by enforcing the code of conduct of judicial officers and ensuring they have…