Nigerians can anticipate the delivery of Compressed Natural Gas (CNG) infrastructure within the next three months, marking a pivotal moment in the nation’s energy landscape. This development stems from a strategic agreement between the Nigerian National Petroleum Company Limited (NNPCL) and Nipco Gas Limited, outlining plans for the rollout of CNG infrastructure. The comprehensive plan…
In a recent interview on Channels Television’s Politics Today, Kunle Olanrewaju, the Senior Special Assistant on National Assembly Matters to President Bola Tinubu, assured Nigerians that they would begin to experience the positive effects of the 2024 budget in the shortest possible time. Olanrewaju emphasized that the focus of the budget is to address fundamental…
During the presentation of the 2024 appropriation bill by President Bola Tinubu, Tajudeen Abbas, the Speaker of the House of Representatives, emphasised the crucial need for the Tinubu-led government to deliver on its promises and address the challenges faced by millions of Nigerians. Speaker Abbas stressed that the government must provide swift and sustainable solutions…
The Central Bank of Nigeria (CBN) has issued a directive to all its branches, instructing them to continue issuing and accepting all denominations of both old and redesigned Naira notes to and from Deposit Money Banks (DMBs). This decision comes in response to the recent order from the Supreme Court, granting the Federal Government’s request…
President Bola Tinubu’s proposed N27.5 trillion budget for the 2024 fiscal year has come under intense scrutiny from the Peoples Democratic Party (PDP). Termed the ‘Budget of Renewed Hope,’ PDP alleges that the budget lacks substantial mechanisms for economic recovery, branding it as deceitful and potentially detrimental to the nation’s financial health. PDP, through its…
The Supreme Court of Nigeria has approved the Federal Government’s request to extend the lifespan of the N200, N500, and N1000 notes, which underwent redesign during the previous administration of President Muhammadu Buhari. In a ruling on Wednesday, a seven-member panel led by Justice John Okoro declared that the old notes would remain legal tender…
Nigeria’s Minister of Interior, Olubunmi Tunji-Ojo, has announced that the automated passport application process is on the verge of being implemented, with expectations to go live within the next week. Speaking on Channels Television’s Politics Today programme, the minister revealed that the technology for this feature is at a 99% completion stage, with testing already…
President Bola Tinubu has outlined the key priorities of Nigeria’s 2024 Budget of Renewed Hope, emphasizing a commitment to national defense, internal security, job creation, macro-economic stability, and human capital development. Addressing the National Assembly, Tinubu highlighted the need for an overhaul of the nation’s internal security architecture to enhance law enforcement capabilities and safeguard…
In a significant development on the sidelines of the Mines and Money conference in London, Nigeria’s Minister of Solid Minerals Development, Oladele Alake, and the United States Assistant Secretary for Energy and Natural Resources, Geoffrey Pratt, have agreed to establish a joint team to explore financing options for credit to mining firms and infrastructures. Pratt,…
Vice-President Kashim Shettima has emphasized that President Bola Tinubu’s administration is committed to prioritizing investment in human capital and related areas. Shettima, speaking at the Barewa Old Boys Association (BOBA) Annual Lecture and Awards ceremony in Abuja, highlighted that Nigeria’s greatest asset is its people. Represented by the Special Adviser to the President on Political…