Economic Summit: Tinubu unveils ₦200bn lifeline for MSMEs, manufacturers

Tinubu unveils

…Promises expanded access to credit, jobs, social protection for vulnerable citizens President Bola Ahmed Tinubu has disclosed why his administration established the ₦200 billion Intervention Fund to support micro, small, and medium enterprises (MSMEs) and manufacturers, saying it became necessary to assist them in boosting competitiveness and addressing structural challenges. President Tinubu who stated this in Abuja yesterday, when he officially declared open the 31st Nigerian Economic Summit (NES), noted that the belief in the nation’s economic experts had been the magic wand behind his administration’s ongoing reforms. Represented at…

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Cooking gas price soars, as scarcity worsens across Nigeria

Cooking gas price

Nigerian households, gas marketers, retailers, and industry stakeholders, including the Nigerian Association of Liquefied Petroleum Gas Marketers, (NALPGAM), are dealing with a sharp increase in the retail price of cooking gas (LPG) across major cities, such as Lagos, Abuja, and Ogun State. The surge follows supply disruptions caused by industrial action by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and other distribution constraints, which have prompted dealers to raise prices along the supply chain. As of this week, the cost of refilling a 12.5kg cylinder of…

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ASUU begins mobilising members for nationwide strike

ASUU begins

There are strong indications that the Academic Staff Union of Universities, (ASUU), will go ahead with its planned nationwide strike, as the union lamented the lack of any significant progress. This development comes just a week before the scheduled industrial action, even as it commenced the mobilisation of its members across public universities in the country. In a bulletin to members of the union, it decried the lethargic response of the Federal Government in addressing its demands. Recall that last Monday, ASUU had given the Nigerian Government a 14-day ultimatum…

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“Only Jonathan’s enemies want him back” – Oshiomhole taunts opposition 

Oshiomhole taunts opposition

…Says APC’ll crush them again in 2027 Former Edo State governor and Senator representing Edo-North, Adams Oshiomhole, has urged ex-President Goodluck Jonathan to ignore calls for him to contest the 2027 presidential election, warning that such a move would destroy his hard-earned legacy. Speaking during a television programme at the weekend, Oshiomhole said only Jonathan’s “enemies” would want him to return to the political battlefield after losing to the All Progressives Congress (APC) in 2015. “If a man had the PDP at its peak and was defeated, I think only…

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FG directs NAHCON to reduce 2026 Hajj fares

FG directs NAHCON

President Bola Tinubu has directed the National Hajj Commission of Nigeria, (NAHCON), to immediately reduce the cost of the 2026 Hajj fares that it had recently announced. Deputy Chief of Staff to the President, Sen. Ibrahim Hadeija, made this known while briefing State House Correspondents after a meeting with the officials of NAHCON, which was held at the Presidential Villa, Abuja. Recall that NAHCON had, after due consultations with all the relevant stakeholders, announced the 2026 Hajj fare as follows: Maiduguri-Yola Zone (Yobe, Borno, Adamawa, Taraba) will pay ₦8,318,336.67. Others…

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“Tinubu never complained about problems he inherited from Buhari” – Amina Moh’d

UN Dep. Sec Gen. Moh'd

The United Nations (UN) Deputy Secretary-General, Amina Mohammed, has said she has not heard President Bola Ahmed Tinubu complain about the challenges he inherited from his predecessor since he assumed office as President. Mohammed said this at an award dinner at Nigeria House in New York to celebrate Nigeria’s 65th independence anniversary and the Independence Day Parade and Carnival. The UN deputy chief said President Tinubu “fought hard to get to that seat”, even though he said “it was his turn”. She added: “But he also told us that he…

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Senate moves to counter ‘Christian genocide’ narrative in US

Senate moves

The 10th Senate is set to debate a Motion aimed at correcting what it calls “dangerous misrepresentations” portraying Nigeria’s security crisis as a campaign of “Christian genocide”, a view gaining ground among US lawmakers and the media. Sponsored by Senator Ali Ndume and co-sponsored by other senior senators, the Motion argues that while Christian communities have suffered brutal attacks, violence in Nigeria affects citizens of all faiths. It warns that framing the conflict in religious terms risks inflaming sectarian tension and distorting global understanding of Nigeria’s complex insecurity, driven by…

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Ɗangote Refinery: “Nigeria greater than PENGASSAN” – VP Shettima

VP Shettima on Dangote

Vice-President Kashim Shettima has said that Nigeria is greater than the Petroleum and Natural Gas Senior Staff Association of Nigeria, (PENGASSAN), following the rift between the Association and the Ɗangote refinery. Shettima made this statement yesterday, at the opening of the Nigerian Economic Summit (NES) 2025 in Abuja, stressing the critical importance of the 650,000-barrel-per-day Ɗangote Refinery and declared that it must be supported at all costs to succeed. He said that the $20 billion facility is a national asset that must be supported to function. “Aliko Ɗangote, he’s not…

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