FGN - Abia ThinkTank News

Mar

03

2025

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By Abia ThinkTank

Tinubu Appoints New NYSC Director General (DG)

Education, FGN, News Flash, Presidency

Tinubu Appoints New NYSC DG President Bola Ahmed Tinubu has appointed Brigadier General Kunle Nafiu as the new Director-General of the National Youth Service Corps (NYSC). Bri. Gen. Nafiu, until his appointment, was the Chief of Staff to the Chief of Army Staff, Lt. General Olufemi Oluyede, having also served in the same capacity with the late Chief of Army Staff, Lt. General Raised Abiodun Lagbaja. A Member of 47 Regular Course, Nafiu is an Artillery Officer who graduated from the Armed Forces Command and Staff College and the US Army War College. Before he was appointed Chief of Staff…

Mar

02

2025

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By Abia ThinkTank

FGN: Corpers Unhappy Over Unpaid N77K Allowance

Education, FGN, News Flash

Corpers Knock FG Over Unpaid N77K Allowance Members of the National Youth Service Corps have expressed their disapproval of the Federal Government’s persistent failure to implement the payment of the N77,000 allowance. The Federal Government had approved an increase in the corps members’ monthly allowance from N33,000 to N77,000, effective July 2024. In the same year, the Director-General of the NYSC, Brig. Gen. Yushau Ahmed stated that the new allowance was implemented due to the non-release of funds. The DG later announced that corps members would start receiving the N77,000 in February 2025. Despite the official announcement, findings by Sunday…

Mar

01

2025

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By Abia ThinkTank

PDP Governor Leads 104-Member Delegate To Confer Highest Traditional Title On President Tinubu

FGN, News Flash, People & Events, Politics, Presidency

PDP Governor Leads 104-Member Delegate To Confer Highest Traditional Title On President Tinubu. The Akwa Ibom State Council of Traditional Rulers has conferred President Bola Tinubu with the highest traditional title of “Otuekong,” Commander-in-Chief of Akwa Ibom. The President received the title at the State House, Abuja, on Friday, from Nteyin Solomon Etuk, President General of Okuibom Ibibio II Gov. Umo Eno led a 104-member delegation to the State House for the conferment. The delegation included Sen. Godswill Akpabio, President of the Senate, his wife Ekaette, religious leaders, former ministers, and lawmakers. Also present were representatives from women and youth…

Feb

27

2025

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By Abia ThinkTank

FGN Urges Cement Price Reduction Amid Economic Recovery, Proposes New Price

Business, Economy, FGN

FG Urges Cement Price Reduction Amid Economic Recovery, Proposed New Price The Federal Government has urged cement manufacturers to lower prices to N7,000, citing improved economic conditions. This call was made by the Minister of Works, Sen. Engr. Nweze David Umahi, during a meeting at the Ministry’s headquarters in Abuja on February 26, 2025, according to a statement on the ministry’s website. Umahi noted that the naira has stabilized at about N1,400 per dollar, and petrol prices have dropped, creating a conducive environment for reduced cement costs. He criticized the current price of N9,500, pointing out that manufacturers increased prices…

Feb

24

2025

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By Abia ThinkTank

APC To FGN: Don’t Release Osun LGA Allocation

FGN, News Flash, Politics

APC to FG: don’t release Osun LG allocation The All Progressives Congress (APC) has called on the federal government to withhold allocations meant for local government councils in Osun State until judicially reinstated elected officials assume office. The party condemned last Saturday’s local government election in the state, accusing Governor Ademola Adeleke of violating his oath of office by conducting the polls. APC also alleged that the governor and the ruling Peoples Democratic Party (PDP) were disrupting peace by refusing to comply with the February 10, 2025, Court of Appeal ruling that ordered the reinstatement of sacked elected local government…

Feb

24

2025

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By Abia ThinkTank

Ooni Hails President Tinubu, Says Economic Reforms Yielding Fruits

News Flash, Economy, FGN, Politics

Ooni Hails Tinubu, Says Economic Reforms Yielding Fruits The Ooni of Ife, Oba Adeyeye Ogunwusi Ojaja II, on Sunday, commended President Bola Tinubu, saying the hardship resulting from his bold economic reforms is gradually giving way and yielding fruits for Nigerians. The monarch also said that the arbitrage between the parallel and the official markets has been closed completely for the first time in 20 years. He stated this at the maiden edition of the Nigeria-Kazakhstan Business Council International conference held in Abuja. “We all know the challenges of our dear country. I will give a simple example of a…

Feb

23

2025

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FGN Has Spent $8 Billion To Support The Naira – Rewane

Economy, FGN, News Flash

FG Has Spent $8 Billion To Support The Naira – Rewane The Federal Government has spent approximately $8 billion in an attempt to stabilize the naira amid ongoing economic pressures. This was made known by the CEO of Financial Derivatives Company, Bismarck Rewane on Friday. Speaking on Channels Television’s News at 10 on Friday, Rewane highlighted the substantial interventions made to manage exchange rate volatility and inflation concerns. He was speaking against the backdrop of the recent Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) which retained MPR at 27.50% on Thursday. According to him, the…

Feb

22

2025

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FGN Bows To Pressure, Set To Crash Telecom Tariff Hike

Business, FGN, News Flash, Telecommunications

FG Bows To Pressure, Set To Crash Telecom Tariff Hike The Federal Government has agreed to lower the recent increase in telecommunications tariffs, reducing the hike from 50 percent to 35 percent after facing pressure from organized labour and the public. The decision was reached after a meeting between government officials and representatives of the Nigerian Labour Congress (NLC). The meeting, which took place at the office of the National Security Adviser (NSA) on Friday, was part of efforts to address the growing concerns over the high cost of telecom services. Sources indicate that an official announcement regarding the tariff…

Feb

21

2025

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June 12: Tinubu Commends Babangida For Admitting MKO Abiola’s Victory

FGN, News Flash, Politics

June 12: Tinubu commends Babangida for admitting MKO Abiola’s victory STATEHOUSE PRESS RELEASE President Bola Tinubu, on Thursday in Abuja, said former President Gen. Ibrahim Badamosi Babangida showed unusual courage and patriotism by admitting that late M.K.O. Abiola won the June 12 election in 1993. The President, who was the Special Guest of Honour at the launch of Babangida’s autobiography, ” A Journey in Service,” and the fundraising for the IBB Presidential Library Project, saluted the former leader’s contribution to the country’s history and development. General Babangida confirmed for the first time in 32 years that Chief Abiola had won…

Feb

15

2025

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Nigeria’s First Lady Becomes OAFLAD Steering Committee Member

FGN, International, News Flash, Politics

Nigeria’s First Lady Becomes OAFLAD Steering Committee Member Nigeria’s First Lady, Oluremi Tinubu has been elected as a member, Steering Committee of the Organization of African First Ladies for Development (OAFLAD). This was at the 29th Ordinary General Assembly of the organization ongoing in Addis Ababa on the sideline of the 38th African Union Summit Ordinary Session. She joins the 8- member Steering Committee as one of the two members representing West Africa. She will serve in the new position for a two year tenure. Already a strong voice within OAFLAD, the First Lady is expected to further carry the…