President Bola Tinubu on Monday rolled out plans to reduce the burden of fuel subsidy removal with an N125b plan for Medium and Small scale enterprises, amongst others. The President said his administration is monitoring the effects of the exchange rate and inflation on the prices of petroleum products and indicated that he would intervene …
President Bola Tinubu has approved the appointment of Ajuri Ngelale as Special Adviser to the President on Media and Publicity. The new Special Adviser, had served in the immediate past administration as the Senior Special Assistant to former President Muhammadu Buhari, on Public Affairs. The Director of Communications, office of the Secretary to the Government …
Nigeria’s President, Bola Tinubu, has expressed disagreement with the Economic Intelligence Unit’s (EIU) prediction of a return to a managed control exchange rate system. The analytical firm predicted on Friday a return to a Central Bank of Nigeria (CBN)-controlled exchange rate due to the intense pressure the Nigerian currency, the naira, has faced since the …
Tinubu disagrees with EIU’s prediction over return to CBN-controlled FX market Read More »
After darkness comes the glorious dawn My fellow citizens, I want to talk to you about our economy. It is important that you understand the reasons for the policy measures I have taken to combat the serious economic challenges this nation has long faced. 2. I am not going to talk in difficult terms …
Read full text of national broadcast: ‘New minimum wage is coming’-Tinubu Read More »
President Bola Tinubu has said the government will provide financial support to manufacturers to cushion the effects of the petrol subsidy removal and naira devaluation. According to Tinubu, his administration will spend N75 billion for manufacturers between July 2023- March 2024. Read also: Read full text of national broadcast: ‘New minimum wage is coming’-Tinubu He …
President Bola Tinubu: We will spend N75bn on manufacturing Read More »
Bola Ahmed Tinubu, the President of Nigeria, in his speech to the nation 7pm Monday announced a series of measures aimed at fulfilling his campaign promises and easing hardships for Nigerians. Here are eight key points from the speech: New national minimum wage: Collaborating with labuor unions, the government is working to introduce a new …
President Bola Ahmed Tinubu unveiled a comprehensive plan to stimulate economic growth and create a conducive business environment for entrepreneurs nationwide in his first live broadcast after his swearing-in speech. The President’s proposed interventions aim to alleviate the hardships citizens and businesses face while fostering sustainable development. Executive Orders to Revitalize the Business Environment President …
President Tinubu launches ambitious fund to empower MSMEs nationwide Read More »
President Bola Tinubu says Nigeria has been able to save over N1 trillion from the removal of petrol subsidy in a little over two months of the policy. He said this in his broadcast 7pm today. “In a little over two months, we have saved over a trillion Naira that would have been squandered on …
We have saved over a trillion naira from subsidy removal – Tinubu Read More »
In furtherance of his desire to ease the burden of the fuel subsidy removal on students of higher institutions of learning, President Bola Tinubu has approved provision of buses to the students’ bodies of all universities, polytechnics and colleges of education across the country. Dele Alake, Special Adviser to the President, Special Duties, Communications and …
Tinubu removes restrictions on students loan, to provide school buses Read More »
As Burna Boy continues to tear down record streams and live music attendance globally, there is no doubt the ripple effect will trickle down to his streaming numbers on audio and video platforms. The video version of his latest single, ‘Big 7’, has been streamed more than 3 million times on the video platform ‘YouTube’ …
BurnaBoy surpasses 3 million in 3 days with ‘Big 7’ video Read More »