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The Nigerian government, through the Federal Ministry of Finance, has said the country was on course to becoming a $1 trillion economy by 2030, adding that the strengthening of the naira would boost dollar earnings and purchasing power and thus “lift millions of Nigerians out of poverty.” In a press statement published online on September […]
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PRESIDENT Bola Tinubu has declared that his administration has completed the emergency phase of its economic reforms and is now shifting its attention to delivering broader prosperity, lower living costs and more productive jobs for Nigerians. Tinubu made the declaration in his Independence Day address on Thursday, as Nigeria marked its 66th year as an […]
THE presidency says President Bola Tinubu is in good health and is expected to return to Nigeria this week after spending several weeks abroad on what it describes as a working vacation. However, the president’s absence has revived memories of Umaru Musa Yar’Adua and Muhammadu Buhari, whose absence from the country generated much political hullabaloo. […]
ABIA State Governor, Alex Otti, has rejected calls for the return of petrol subsidy, arguing that Nigeria should direct its limited resources towards production, infrastructure and improving the operating environment for businesses. Otti said subsidising fuel consumption does more to encourage waste and inefficiency than to strengthen the economy. The Labour Party governor made the […]
PRESIDENT Bola Tinubu has travelled to France as he continues his three-week annual leave after spending the first part of his vacation in London, United Kingdom. Tinubu arrived in France and was received by Nigeria’s Ambassador to the country, Emmanuel Ayodele Oke. The president began his annual leave on August 30 and is expected to […]
FORMER Vice-President, Mr Atiku Abubakar, has challenged President Bola Tinubu to explain the circumstances surrounding the forfeiture of $460,000 to the United States government, rather than focusing on the Washington lobbying firm he hired. Atiku, the presidential candidate of the African Democratic Congress, made the demand in a statement issued on Wednesday by his Senior […]
PRESIDENT Bola Tinubu has said that Nigeria’s latest economic growth figures show that reforms introduced by his administration are beginning to deliver stronger and more sustainable growth. The National Bureau of Statistics (NBS) reported on Monday that Nigeria’s real gross domestic product grew by 4.43 percent year-on-year in the second quarter (Q2) of 2026, up […]
THE African Democratic Congress (ADC) has alleged that the Federal Government’s newly launched $1 billion Household Prosperity and Economic Social Protection Project (HOPE-SP) is an attempt to respond to a proposal earlier made by its presidential candidate, Atiku Abubakar, on targeted subsidies. The opposition party said the initiative, unveiled in Abuja on Wednesday, came after […]
PRESIDENT Bola Tinubu has assured the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) that his administration will continue with efforts to rebuild the economy and ensure Nigerians benefit from its reforms. Tinubu gave the assurance on Thursday when the leadership of NUPENG, headed by its president, Salimon Oladiti, visited him at the Presidential […]
A FRESH war of words has erupted between the presidency and the cardinal and former Catholic Archbishop of Abuja, John Onaiyekan, after the cleric accused President Bola Tinubu’s administration of focusing on winning the 2027 general election ‘by all means’ rather than addressing the country’s challenges. Speaking on Prime Time, an Arise Television programme, Onaiyekan […]