‘Presidency concerned over NNPC’s non-completion of P/H refinery, OB-3 gas pipeline project’ – Source

P'H refinery, gas pipeline project

The Presidency is concerned over the failure of the Nigerian National Petroleum Company (NNPC) Limited to fulfill milestones critical to the goals of President Bola Tinubu’s administration. According to insiders, Special Adviser to Tinubu on policy and coordination and Head of the Central Results Delivery Coordination Unit (CRDCU), Hadiza Bala Usman, expressed these concerns during a review of the quarterly performance assessment of the ministry of petroleum resources (Oil). A source revealed that Usman said the Government is worried about key uncompleted projects by NNPCL. Specifically, the Government official said…

Read More

Tinubu’s govt. spent N14.77bn on presidential jets in 11 months — Report

presidential jets

President Bola Tinubu’s administration has spent a total of N14.77bn on the repair and maintenance of the presidential air fleet over the past 11 months, as revealed by a published  report yesterday. According to reports, the expenditure, which was disbursed in 11 payments from July 16, 2023, to May 25, 2024, was managed through the State House’s Presidential Air Fleet Transit Funds account. The significant spending comes amid plans by the National Assembly to authorise the purchase of two new aircraft. This decision follows the discovery that the President’s 19-year-old…

Read More

Hardship Allegations: Presidency denounce New York Times report, defends Tinubu 

NY Times report

The Presidency has fiercely denounced a New York Times report on Nigeria’s economic situation as jaundiced, slamming it for painting a bleak and misleading picture and unjustly blaming it on President Bola Tinubu’s administration. In an issued statement by Special Adviser to the President on Information and Strategy, Bayo Onanuga, on Sunday, the Presidency criticised the New York Times feature by Ruth Maclean and Ismail Auwal, titled: “Nigeria Confronts Its Worst Economic Crisis in a Generation”, published on June 11.​​Onanuga condemned the article, labelling it as a predetermined, reductionist, derogatory,…

Read More

Presidency debunk reports of N105,000 proposed Minimum Wage

Presidency debunks

The Presidency has denied reports making the rounds that the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Federal Government negotiating team have proposed N105,000 as the new minimum wage. After Organised Labour declared a nationwide strike, the Federal Government met with the union leaders and struck a deal. The negotiating team had subsequently briefed President Bola Tinubu, who directed the Finance Minister to present a new minimum wage template within 48 hours. Onanuga and his team reportedly met the president yesterday but did not…

Read More

‘NLC, TUC are Labour Party members trying to blackmail Tinubu with strike’ – Presidency

Presidency on Labour strike

Presidential aide, Bayo Onanuga, says many members of the Nigeria Labour Congress (NLC) and its affiliate unions enforcing nationwide strike are “supporters of Peter Obi’s Labour Party,” scheming to blackmail and sabotage President Bola Tinubu’s administration. Onanuga, in a post on X yesterday, condemned the union’s strike, which disrupted commercial activities nationwide yesterday. He said, “It appears labour is playing politics by other means. Many of the affiliates of the two central unions, NLC and TUC, are members and supporters of the Labour Party”. He added, “They logically bear ill-will…

Read More

Conflicting statements emerge from Tinubu’s media aides on his first anniversary today

IMG 20240528 WA0057

Conflicting statements from President Tinubu’s media aides on his first anniversary scheduled for today, Wednesday. Early yesterday, Magaji Tambuwal, Clerk of the National Assembly, had said Tinubu would today, Wednesday deliver an address on the “state of the nation” at the joint sitting of the Senate and House of Representatives. Tambuwal said the President will also inaugurate the National Assembly library. Hours later however, the Special Adviser to the President on Information and Strategy, Bayo Onanuga, corroborated Tambuwal’s statement, noting that Tinubu’s address at the parliament is part of the…

Read More

Rivers Political Crisis: “Tinubu won’t take sides” – Presidency to Wike

Presidency Wike

President Bola Tinubu, through his Special Adviser on Media and Publicity, Ajuri Ngelale, has told the Minister of Federal Capital Territory, (FCT), Nyesom Wike and others that he will not take sides in the on-going crisis rocking Rivers State. The Special Adviser made the President’s position known during an interview on a television programme yesterday, insisting that Tinubu won’t allow any attempt to frustrate the Rivers State government. Ngelale said that anyone with the belief that President Tinubu would take their side in the political crisis would be disappointed. “I…

Read More

Presidential Committee mulls increase on VAT rate

VAT

The Presidential Committee on Fiscal Policy and Tax Reforms has proposed an upward adjustment of the Value-Added Tax (VAT) rate from the current 7.5 percent, according to reports. Taiwo Oyedele, the committee’s chairman, also recommended reviewing the VAT revenue-sharing formula during a policy exposure and impact assessment session organized by the committee. The proposal comes amidst opposition to various new taxes and levies, including the 0.5 percent cybersecurity levy and stamp duty on mortgage loans. Experts, chambers of commerce, and Organised Labour have expressed concerns that these measures would impose…

Read More

Outrage, as Presidency confirms awarding N15tr contract to Chagoury-Seyi Tinubu’s firm

Chagoury Seyi

The unfolding allegation that President Bola Tinubu awarded the Lagos-Calabar Coastal highway project contract to Gilbert Chagoury’s company, in which hus son, Seyi sits on its Board, has sparked critical reactions online. In a recently posted statement, opposition leader Atiku Abubakar berated the Tinubu-led administration, accusing it of inflating the Lagos-Calabar coastal road project to favour his son and his ally, Chagoury. The Presidency, reacting to Abubakar’s criticisms on Monday, claimed the President’s son’s involvement with Chagoury’s firm is immaterial, condemning Atiku for complaining about the deal. A statement issued…

Read More

“Work together to address fuel scarcity, high electricity tariff” – CNG tasks Presidency, NASS

CNG to Presidency NASS

The Coalition of Northern Groups (CNG) has tasked the Presidency and the National Assembly to work together to swiftly address the lingering fuel scarcity crisis and the recent rooftop electricity tariff in Nigeria, saying posterity would judge them in the end. According to an issued statement by the CNG National Coordinator Comrade Jamilu Aliyu Charanchi, the group said it is deeply concerned about the persistent and debilitating fuel scarcity that has plagued Nigeria recently, causing untold hardship to citizens across the country. The statement read in part: “We are outraged…

Read More