FGN - Abia ThinkTank News

Feb

2025

Tinubu Signs Bill Establishing New Federal University

Tinubu signs bill establishing new federal university President Bola Tinubu has officially signed into law a bill establishing the Federal University of Environmental Technology, Ogoni, Rivers State. This development comes just weeks after President Tinubu met with Ogoni leaders at the State House in Abuja. During the meeting, held on January 21, 2025, the President emphasized the importance of unity and reconciliation, urging the Ogoni people to set aside historical grievances and work collaboratively towards peace, development, and environmental restoration. He stated, “We cannot in any way rewrite history, but we can correct some anomalies of the past going forward.…

Feb

2025

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By Abia ThinkTank

APPLY NOW: Ministry Of Arts Seeks 20 Creatives For Residency Programme

Arts, Arts And Culture, Entertainment, FGN

APPLY NOW: Ministry Of Art Seeks 20 Creatives For Residency Programme. The federal ministry of art, culture, tourism, and creative economy is seeking applications for a six-week residency programme that aims to address societal challenges and inspire cultural pride through artistic expression. The programme is in collaboration with MADhouse by Tikera Africa and has ‘Re-imagining hope residency’ as its theme. A statement issued on Sunday by Nneka Anibeze, a special adviser to Hannatu Musawa, minister of art, culture, tourism, and creative economy, said the programme will bring together 20 exceptional creatives from across Nigeria. The residency, which will feature two…

Feb

2025

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By Abia ThinkTank

Brace Up For Fresh Electricity Tariff Hike – FG Tells Nigerians

FGN, Power & Energy

Brace Up For Fresh Electricity Tariff Hike – FG Tells Nigerians The Federal Government says plans are ongoing to increase electricity tariffs “over the next few months”. It, however, said that the planned increase needed to be balanced by subsidies for less-affluent electricity users. Bloomberg quoted the Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, as giving this hint at the Africa Heads of State Energy Summit in Dar es Salaam, Tanzania, where Nigeria presented a $32 billion plan to expand electricity connections by 2030. According to the presidential aide, Nigeria is trying to resolve the transition to…

Feb

2025

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By Abia ThinkTank

Dangote Refinery Crashes Petrol Price

FGN, Business, Good Governance

Dangote Refinery Crashes Petrol Price Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890, effective from Saturday. In a statement, the company said the price adjustment is in response to favourable developments in the global energy sector and a significant decline in international crude oil prices. “Dangote Refinery’s decision reflects its commitment to aligning with market realities and ensuring that consumers benefit from changes in international crude oil prices.” In the statement issued by the Group Chief Branding and Communications Officer, Anthony Chiejina, the company explained that this…

Jan

2025

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By Abia ThinkTank

South East Transportation Infrastructure: Umahi Reaffirms President Tinubu’s Commitment

FGN, Infrastructure, News Flash, South East, Transportation

Umahi reaffirms Tinubu’s commitment to South East transportation infrastructure development The Minister of Works, Engr. Nweze David Umahi, has assured the people of South East of the commitment of the Renewed Hope administration President Bola Ahmed Tinubu, to the transformation of the transportation infrastructure in the South East like every other Geo-Political Zone of the country. Umahi stated this during a courtesy call by a delegation from the Anambra and Enugu caucus of the 10th National Assembly who came to seek the federal government’s intervention on the completion of the construction of Enugu – Onitsha Expressway handled by RCC Ltd…

Jan

2025

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By Abia ThinkTank

NYSC DG Finally Reveals When Corps Members will Start Receiving N77,000 Monthly Allowance

FGN, Education, News Flash

NYSC DG Finally Reveals When Corps Members Will Start Receiving N77,000 Monthly Allowance The Director General of the National Youth Service Corps (NYSC), Brigadier General Yushau Ahmed, has announced that corps members will begin receiving a monthly allowance of N77,000 starting from February 2025. General Ahmed made this announcement on Thursday while addressing the 2024 Batch ‘C’ Stream 11 corps members in Katsina. He explained that the new allowance has been included in the 2025 Federal Government’s budget and will be implemented once the budget is passed. According to General Ahmed, “This month (January) has already ended, but once the…

Jan

2025

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By Abia ThinkTank

CBN Clears Outstanding $7 Billion FX – CBN Gov, Cardoso Says

CBN/Commercial Banking, Economy, FGN, News Flash

Outstanding $7 Billion n FX Cleared – CBN Gov, Cardoso Says Governor of the Central Bank of Nigeria, Olayemi Cardoso, announced on Wednesday that the Federal Government has cleared the outstanding $7bn foreign exchange backlog to various firms following a successful verification exercise by forensic auditors. Cardoso disclosed this at the launch of Nigeria’s Regulatory Policy Framework organised by the Presidential Enabling Business Environment Council. The event, which was tagged the regulators’ forum, took place at the State House Conference Hall in Abuja. Addressing the audience, Cardoso explained that the bank was optimistic the clearance of the $7bn backlog would…

Jan

2025

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By Abia ThinkTank

FGN Secures $1.1 Billion AfDB Loan To Power 5 Million People By 2026 – President Tinubu

FGN, News Flash, Power & Energy, Presidency

FG Secures $1.1 Billion AfDB Loan To Power 5 Million People By 2026 – President Tinubu The Federal Government has secured a $1.1 billion loan from African Development Bank, AfDB, to provide electricity for 5 million people by the end of 2026. Special Adviser to the President, (Information & Strategy), bayo Onanuga, who disclosed this in a statement, said President Bola Tinubu made this known at the just concluded two-day Mission 300 Africa Energy Summit in Dar es Salaam, Tanzania. Tinubu also stated that the AfDB’s $200 million in the Nigeria Electrification Project would provide electricity for 500,000 people by…

Jan

2025

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By Abia ThinkTank

Atiku, Obi, El-Rufai Indicted In Plot To Overthrow President Tinubu

FGN, Crime, News Flash, Politics

Atiku, Obi, El-Rufai Indicted In Plot To Overthrow President Tinubu Former Vice President Atiku Abubakar, ex-Kaduna State governor Mallam Nasir El-Rufai, and other prominent politicians have been accused of planning to overthrow President Bola Tinubu. The allegation was made by a group known as Joint Action on Democracy (JAD). According to JAD, these politicians are aggrieved because President Tinubu has initiated reforms that are already showing positive results. The group believes that this has made the politicians realize they have no chance of winning the next general elections, even if they work together. JAD specifically mentioned that Atiku, El-Rufai, Peter…

Jan

2025

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By Abia ThinkTank

APC Slams Atiku Over Comments At National Democracy Conference

News Flash, FGN, Politics, Presidency

APC Slams Atiku Over Comments At National Democracy Conference The ruling All Progressives Congress (APC) has slammed former PDP presidential candidate, Atiku Abubakar, over his comments during the recently concluded two-day National Conference on Strengthening Democracy in Nigeria in Abuja. APC accused Atiku of consistently blaming the APC for issues within his party, describing his claims as “like a broken record.” This was contained in a statement by the APC National Publicity Secretary, Felix Morka, on Tuesday, January 28. The statement reads in part: “The former Vice President and Presidential candidate of the Peoples Democratic Party (PDP) in the 2023…