“Alake, Edun left out subsidy removal from my inauguration speech, but I announced it” – President Tinubu

Three weeks after his inauguration, President Bola Tinubu on yesterday in far-away France disclosed that those who wrote his inaugural address on May 29 did not include petrol subsidy removal. Tinubu said the duo of Dele Alake and Wale Edun left out the vexed issue of subsidy from the speech handed over to him for delivery on the occasion. He made the disclosure while meeting with Nigerians residing in France on the sidelines of the two-day financing climate pact summit which ended in Paris yesterday. Tinubu said when he got…

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Stakeholders urge Tinubu to implement Nigeria Agenda 2050

Some stakeholders have urged President Bola Tinubu to implement the Nigeria Agenda 2050, developed to address economic and social challenges in the country. Country Director, CARE International, Dr. Hussaini Abdu, said that former President Muhammadu Buhari formulated the Nigeria Agenda 2050 (NA 2050), which is a long-term economic transformation blueprint for Nigeria. Abdu and spoke during a Leadership and Development Dialogue (LDD), tagged: ‘Nigeria Agenda 2050 and the Incoming Administration’, organised by the African Centre for Leadership, Strategy and Development (Centre LSD), yesterday in Abuja. He said that the Agenda…

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‘Nigeria ready for business’ – Tinubu woos Afreximbank, Investors in Paris

President Bola Tinubu says Nigeria is ready for business, urging foreign investors to take advantage of the opportunities and ongoing reforms in the country. The President told investors yesterday in Paris, France, that ongoing reforms including the removal of fuel subsidy and unification of exchange rate, will be sustained for a more competitive economy that attracts Foreign Direct Investment, (FDI). “We are ready for business, prepared to welcome investments,’’ he said, while receiving President and Chairman of the Board of Directors of African Export-Import Bank (Afrexim), Prof. Benedict Oramah; and…

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Tinubu saves Buba Marwa’s job, as he reverses dissolution of NDLEA, NAFDAC boards

President Bola Ahmed Tinubu has exempted the boards of the National Drug Law Enforcement Agency (NDLEA) and the National Agency for Food and Drug Administration and Control (NAFDAC). Recall that on Monday night, the president approved the immediate dissolution of the governing boards of all federal government parastatals, agencies, institutions, and government-owned companies. However, a statement issued yesterday by the Director Information, Office of the Secretary to the Government of the Federation, in Abuja, Willie Bassey, stated that the NDLEA and NAFDAC have been exempted from the dissolution. “Further to…

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President Tinubu retires all Service Chiefs, Advisers; appoints new ones

…Dissolves Boards of Govt. Parastatals, MDAs President Bola Ahmed Tinubu has approved the immediate retirement of all Service Chiefs and the Inspector-General of Police, Advisers, Comptroller-General of Customs from service as well as their replacements with immediate effect. This is according to an issued press statement by Willie Bassey, Director, Information for the Secretary to the Government of the Federation, George Akume. The newly appointed Officers are: National Security Adviser – Nuhu Ribadu; Chief of Defence Staff – Maj.-Gen. C.G Musa; Chief of Army Staff – Maj-Gen. T. A Lagbaja;…

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Tinubu off to France to attend global summit

President Bola Tinubu will travel abroad for the first time as president on Thursday to attend the Paris Summary for the New Global Financial Pact with his international counterparts. The Palais Brongniart will host the summit called by French President Emmanuel Macron. According to a statement issued yesterday by the President’s Special Adviser for Special Duties, Communication and Strategy, Dele Alake, the President is expected to visit Paris to “participate, review, and sign a New Global Financial Pact, which places vulnerable countries on the priority list for support and investment,…

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Ministerial List: “Don’t appoint ex-northern Govs”, APC Group urges Tinubu

A group, the Northern Progressives Union, has urged President Bola Tinubu not to take former northern governors into his government, saying that they won’t bring about any significant changes. The appeal, which was made in a statement released yesterday by NPU Coordinator, Mohammed Kiyawa, was made in response to mounting concern over the president’s list of ministerial nominees’ ongoing postponement. Kiyawa urged Tinubu to refrain from picking any of the recently-departed state governors from the North as ministers or cabinet members. According to him, some of the governors betrayed the trust…

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‘Stop payment to MDAs till further notice’, Tinubu orders CBN

As part of the ongoing efforts at taking firm control of his administration, President Bola Ahmed Tinubu has reportedly directed the Central Bank of Nigeria (CBN) to stop further payments to the Ministries, Departments, and Agencies, (MDAs), of the Federal Government till further notice. According a presidency source yesterday, the Presidential order was issued before the embattled CBN boss, Godwin Emefiele was suspended and handed over to the Department of State Services, (DSS) for further action. According to the source, the directive, which came immediately after President Tinubu assumed office,…

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Democracy Day Broadcast: “I will repay subsidy pains with dividends of democracy” -Tinubu

President Bola Ahmed Tinubu has promised to repay the trust and mandate of Nigerians with dividends of democracy. He said the removal of fuel subsidy was to free up the massive resources of the nation in the pocket of a few rich, admitting it posed temporary pains on the masses. He, however, said the sacrifice will be repaid with provision of infrastructure, transportation, education and others to lift the standard of living. Tinubu, on his maiden democracy speech to mark the annulment of the June 12, 1993 presidential poll won by…

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Democracy Day: President Tinubu addresses nation today

President Bola Ahmed Tinubu is to broadcast to the nation today Monday, June 12, 2023, to commemorate this year’s Democracy Day. A release issued yesterday by the State House Director of Information, Abiodun Oladunjoye, said that the broadcast is scheduled for 7 am. He advised television, radio stations, and other electronic media outlets to hook up to the network services of the Nigerian Television Authority and Radio Nigeria for the broadcast.  Recall that ex-president Muhammadu Buhari had moved Democracy Day from May 29th to June 12, in honour of the Late Moshood Abiola,…

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