FGN - Abia ThinkTank News

Dec

2024

Security, Infrastructure, Education Top President Tinubu’s 2025 N47.9 Trillion Budget Proposal

Economy, FGN, News Flash, Politics, Presidency

Security, Infrastructure, Education Top Tinubu’s 2025 N47.9 Trillion Budget Proposal Security and defence, infrastructure, health and education were some of the sectors with high allocations in the N47.9tn Budget Proposal presented by President Bola Tinubu before a joint session of the National Assembly on Wednesday afternoon. “It is with great pleasure that I lay before this distinguished joint session of the National Assembly, the 2025 Budget of the National Assembly of Nigeria titled, ‘The Resurrection Budget’ security peace, building prosperity,” Tinubu said as he concluded his speech at 1:10pm on Wednesday. Earlier in his presentation, the President listed some of…

Dec

2024

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By Abia ThinkTank

Ghana’s President – Elect John Mahama Meets Tinubu At Presidential Villa

FGN, News Flash, Politics, Presidency

Ghana’s President-Elect John Mahama Meets Tinubu At Presidential Villa The president-elect of Ghana, His Excellency John Dramani Mahama met with President Bola Tinubu in Abuja, Nigeria’s capital city. Mahama who is on a courtesy visit to Nigeria met President Tinubu in his residence at the Presidential Villa on Monday, December 16. This was disclosed in a post shared on X, Olusegun Dada, the special assistant to the president on social media. Dada said, “President-Elect of Ghana, H.E John Dramani Mahama paid a courtesy visit to President Tinubu at his residence, Presidential Villa, State House Yesterday.” The post was made alongside…

Dec

2024

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By Abia ThinkTank

Supreme Court To Decide Fresh Suite Seeking Removal Of Tinubu As President This Monday

FGN, Judiciary, News Flash, Politics

Supreme Court To Decide Fresh Suit Seeking Removal Of Tinubu As President This Monday The Supreme Court will on Monday, December 16, determine the fate of President Bola Tinubu in a fresh suit seeking his removal from office as Nigeria’s leader. The new suit marked SC/CV/667/2023 is praying the apex court to sack Tinubu on two major grounds of alleged non-qualification to hold office as Nigeria’s President and usurpation of the same office against the law of the country. A candidate in the 2019 presidential election on the platform of Hope Democratic Party, HDP, Chief Ambrose Albert Owuru, filed the…

Dec

2024

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By Abia ThinkTank

‘Endure This Unintentional Hardship, But There Is…..’ – President Tinubu Tells Nigerians

Economy, FGN, News Flash, Politics

‘Endure This Unintentional Hardship, But there is…’ – Tinubu Tells Nigerians President Bola Tinubu has said he is aware of the harsh economic situation of the country, and he begged Nigerians to endure what he described as “unintentional hardship”. Also, President Tinubu noted that he does not take pleasure in inflicting pains on Nigerians. He assured that there was light at the end of the tunnel. Tinubu said this at the 48th convocation ceremony of Obafemi Awolowo University, OAU, Ile-Ife, Osun State. He said he had embraced both the assets and liability of his predecessors. The President was represented by…

Dec

2024

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By Abia ThinkTank

Dr. Obasi David Ukoha Pays Solidarity Visit To The Deputy Speaker Of House Of Reps On His Appointment As Federal Permanent Secretary

FGN, National Assembly, News Flash

I want to share some exciting news with you. The newest Federal Permanent Secretary in charge of the National Assembly's Directorate of Legislative Budget and Planning. Dr. Obasi David Ukoha, has visited the Deputy Speaker of the House of Representatives, H.E. Rt. Hon. Benjamin Okezie Kalu, CON. He also paid a courtesy visit to the Deputy Speaker to present his appointment letter and show solidarity. This is a welcome development, and we encourage our newest Permanent Secretary to continue making us proud. By Dr. Chukwuemeka Ifegwu Eke

Dec

2024

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By Abia ThinkTank

Hope For Nigeria As Petrol Landing Cost Crashes Further

Economy, FGN, News Flash, Oil & Gas

Hope For Nigeria As Petrol Landing Cost Crashes Further The estimated landing cost of Premium Motor Spirit (PMS), commonly known as petrol, in Nigeria has seen a decline of ₦36, dropping to ₦900.28 per litre as of Thursday. This marks a 3.62% decrease from the previous week’s landing cost of ₦936.75 per litre, according to data released by the Major Energy Marketers Association of Nigeria (MEMAN). Interestingly, earlier this week, costs had even dipped further, reaching ₦890.43 per litre. This reduction in landing cost reflects some relief from fluctuations in global oil prices and improvements in supply chain dynamics. Despite…

Dec

2024

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By Abia ThinkTank

FAAC: FG, States, LGs Share N1.727 Trillion

Abuja, Economy, FGN, News Flash, Politics

FG, States, LGs Share ₦1.727 Trillion A total sum of ₦1.727 trillion, being November 2024 Federation Accounts Revenue, has been shared to the Federal Government, States and the Local Government Councils. The revenue was shared at the December 2024 meeting of the Federation Accounts Allocation Committee (FAAC) held in ABUJA. This was disclosed in a statement signed by FAAC Director of Press and Public Relations, Bawa Mokwa, on Friday. He noted that the N1.727 trillion total distributable revenue comprised distributable statutory revenue of N455.354 billion, distributable Value Added Tax (VAT) revenue of N585.700 billion, Electronic Money Transfer Levy (EMTL) revenue…

Dec

2024

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By Abia ThinkTank

SEDC Chair Appointment: Round Peg In Round Hole – By Pius Nzewuihe

Columns/Opinions/Letters, FGN, Politics, South East

SEDC Chair Appointment: Round Peg in Round Hole The wisdom of the sponsors of the bill for the establishment of South East Development Commission at the National Assembly and President Bola Tinubu’s commitment for an overall equitable national developmental agenda cannot be over-emphasized. To drive home his Renewed Hope Agenda, the President has in no mistakable terms demonstrated his vision to place the country on a fresh developmental map among comity of developing nations through regional development commissions Aside South East Development Commission (SEDC) charged with the responsibility of “reconstruction and rehabilitation of roads, houses and other infrastructural damages suffered…

Dec

2024

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By Abia ThinkTank

President Tinubu Advised To Reduce Fuel Price To N300/Litre For Xmas, New Year Celebration

Columns/Opinions/Letters, FGN, Oil & Gas, Politics

Tinubu Advised To Reduce Fuel Price To N300/Litre For Xmas, New Year Celebration Former Deputy National Chairman of the Peoples Democratic Party (PDP), Chief Bode George, has called on President Bola Tinubu to reduce the price of premium motor spirit (PMS) also known as petrol to N300 per litre between December and January. He said this would enable Nigerians to have a joyous and merry Christmas. A litre of fuel is presently sold at about N1,100 and N1,200 per litre across the country following the removal of fuel subsidy. Tinubu had on assumption of office in 2023 declared an end…

Dec

2024

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By Abia ThinkTank

German President, Frank-Walter Steinmeier Arrives Nigeria

FGN, Foreign Affairs, International, News Flash

German President, Frank-Walter Steinmeier Arrives In Nigeria. German Frank-Walter Steinmeier, has arrived in Nigeria for a three-day official visit, GISTSMATE MEDIA is reporting. He was received at the presidential wing of the Nnamdi Azikiwe International Airport, Abuja, by the Minister of the Federal Capital Territory, Nyesom Wike. The visit will be the third exchange between both countries on the level of head of state or government since President Bola Ahmed Tinubu’s inauguration. The German president will be accompanied to Nigeria by industries captains and other top ranking board members of most successful companies in the fields of IT, high tech…