Author: Stephen Angbulu
President Bola Tinubu is making significant strides in addressing the humanitarian crisis caused by internal displacements in Nigeria. At the official launch of the Resettlement Scheme for Persons Impacted by Conflict, Vice President Kashim Shettima represented Tinubu in Kaduna State. Tinubu emphasized the importance of the project in resolving internal displacement and conflict while commending Kaduna State for providing a platform to address these issues. The initiative targets seven states affected by farmers-herders conflicts, focusing on infrastructure development, education, and essential facilities for victims of conflict. The goal is to break the cycle of violence and displacement that has plagued…
President Bola Tinubu recently welcomed the APC governorship candidate, Monday Okpebholo, and his running mate, Dennis Idahosa, to the Presidential Villa in Abuja. The Edo State APC Chapter showed confidence in winning the governorship seat due to disarray in the ruling PDP party in the state and emphasized the disconnect between the PDP candidate, Dr Asue Ighodalo, and the people of Edo State. With Okpebholo being described as a grassroots politician, the APC believes they have an advantage in the upcoming election. The delegation was led by former governor Adams Oshiomhole and Minister Abubakar Momoh, with discussions focused on campaign…
President Bola Tinubu recently inaugurated a 31-member Presidential Economic Coordination Council, which includes key leaders such as the Vice President, Senate President, and Chairman of the Nigerian Governors Forum. This council was established to oversee the implementation of an accelerated stabilisation and advancement plan, injecting N2tn into the economy over the next six months. The breakdown of the emergency funding includes N350bn for Health and Social Welfare, N500bn for Agriculture and Food Security, N500bn for Energy and Power, and N650bn for general business support. The goal is to prioritize key sectors such as Health, Agriculture, and Energy/Power to stimulate economic…
The Federal Government recently launched a groundbreaking initiative to enhance economic and financial inclusion in Nigeria, with the goal of transforming the nation into a $1 trillion economy by 2030. Vice President Kashim Shettima highlighted the importance of this project, emphasizing the commitment of President Tinubu’s administration to fostering prosperity and combating poverty. The Aso Accord on Economic and Financial Inclusion, unveiled on April 25, 2024, forms the cornerstone of the government’s Renewed Hope Agenda, aimed at achieving widespread financial access and addressing key challenges such as poverty and insecurity. The administration’s focus on inclusive economic growth has already yielded…
The Presidency has refuted claims of running four budgets in the 2024 fiscal year, dismissing allegations made by former Anambra State Governor, Peter Obi. The President’s Senior Special Assistant on Media and Publicity, Mr. Temitope Ajayi, clarified that there is no plan to have four budgets concurrently. Ajayi emphasized the importance of focusing on capital expenditures to drive economic growth, create job opportunities, and enhance sustainable development. He cautioned civic organization, BudgIT, against spreading misinformation and sensationalism. Meanwhile, the Special Adviser to the President on Information and Strategy, Mr. Bayo Onanuga, explained that the 2023 and 2024 budgets will run…
The Federal Executive Council has approved $1.442 billion for the National Drug Law Enforcement Agency to purchase arms, ammunition, and equipment to enhance its anti-narcotics operations across the country. The decision came after the Council met at the State House in Abuja, where three memoranda were presented on behalf of the agency. In addition to the arms procurement, the Council also greenlit the purchase of 33 CNG-compliant vehicles for N1.9bn and two full-body scanners for the Murtala Muhammed and Nnamdi Azikiwe International Airports for N985m to bolster the agency’s fight against drugs at key entry points. Furthermore, the Council announced…
President Bola Tinubu made a groundbreaking announcement on Monday, May 29, 2023, in Abuja, revealing his administration’s plan to remove the subsidy on Petroleum products. In his inaugural address at Eagle Square, Abuja, after being sworn in as the 16th President of Nigeria, Tinubu declared, “Subsidy is gone.” He emphasized that there was no provision for subsidy in the national budget starting from June 2023, signaling its immediate removal. Tinubu also shared his administration’s goal of achieving a minimum GDP growth of six percent annually, expressing his commitment to leading the country with compassion and unity. Furthermore, he outlined key…