FGN - Abia ThinkTank News

Nov

2024

Providing Jobs Not My Ministry’s Responsibility – Labour Minister

Columns/Opinions/Letters, FGN, News Flash

Providing Jobs Not My Ministry’s Responsibility – Labour Minister The Minister of Labour and Employment, Muhammadu Dingyadi, on Thursday, said Nigerians expecting his ministry to provide jobs would be disappointed because it is not part of their mandate. The minister made the clarification at the annual conference of the Federal Capital Territory chapter of the Nigerian Institute of Public Relations While highlighting that his ministry is mindful of Nigeria’s enormous youth population and the need to ensure that they are gainfully engaged, Dingyadi emphasised that the provision of employment for them was not their responsibility. According to the former minister…

Nov

2024

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By Abia ThinkTank

House Of Reps Confirmed Olufemi Oluyede As Chief Of Army Staff

FGN, National Assembly, News Flash

House Of Reps Confirmed Olufemi Oluyede As Chief Of Army Staff The House of Representatives has confirmed Lieutenant General Olufemi Oluyede as the Chief of Army Staff (COAS). The approval followed the presentation of a report by Babajimi Benson, chairman of the Committee on Defense. Ekiti-born Oluyede was screened by the Joint Committee on Army and Defense on Wednesday, November 27. He was appointed Acting COAS by President Bola Tinubu following the ill health of his predecessor, Taoreed Lagbaja, who later passed away. With this confirmation, Oluyede formally assumes the position, marking a significant step in strengthening the leadership of…

Nov

2024

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By Abia ThinkTank

Teachers Reportedly Beat, Strip Corp Member For ‘Not Greeting Properly’

Education, Crime, FGN

Teachers Reportedly Beat, Strip Corp Member For ‘Not Greeting Properly’ A member of Nigerian Youth Service Corps was allegedly beaten, stripped by a teachers for not greeting them properly. The shocking incident reportedly happened at Government Day Junior Secondary School, Kulende, Ilorin, Kwara State. According to Nigeria Stories, a corps member who visited the school to collect her clearance letter was allegedly assaulted by a teacher for “not greeting properly.” Eyewitnesses claim the teacher attacked her, tearing her NYSC white t-shirt, and was allegedly joined by another teacher who slapped her. This incident has sparked outrage, with many calling for…

Nov

2024

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By Abia ThinkTank

President Tinubu, Wife Set To Jet Out Of Nigeria Today Wednesday(Detailed Itinerary Emerged)

FGN, Immigration, International, News Flash, Presidency

Again, President Tinubu, Wife To Jet Out Of Nigeria Wednesday (Detailed Itinerary Emerged) President Bola Ahmed Tinubu alongside First Lady, Oluremi Tinubu, will on Wednesday, November 27 depart Abuja on a state visit to France in honour of an invitation from French President, Emmanuel Macron. The visit which will last three days aims to strengthen political, economic, and cultural ties between Nigeria and France, with an emphasis on building partnerships in key sectors. Tinubu’s trip to France was contained in a statement by his special adviser on information and strategy, Bayo Ononuga on Tuesday, November 26. The statement reads: “President…

Nov

2024

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By Abia ThinkTank

CBN Raises Interest Rate To 27.5%

CBN/Commercial Banking, Economy, FGN, News Flash

CBN Raises Interest Rate To 27.5% The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates in the country to 27.50 percent — from 27.25 percent. Olayemi Cardoso, CBN’s governor, announced the committee’s decision at a press conference on Tuesday.He said the committee increased the MPR by 25 basis points. Cardozo said the committee retained the asymmetric corridor at +500 and -100 basis points around the MPR. The CBN governor said the MPC also retained the cash reserve ratio (CRR) at 50 percent, as well as the…

Nov

2024

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By Abia ThinkTank

President Tinubu Sets Aside Political Differences, Celebrates Atiku At 78

Birthday, FGN, News Flash, Presidency

Tinubu Sets Aside Political Differences, Celebrates Atiku At 78 President Bola Tinubu has celebrated former Vice President Atiku Abubakar on his 78th birthday. President spokesman Sunday Dare in a statement said Atiku has been an active player in Nigeria’s democratic journey. “President Bola Tinubu extends his best wishes to former Vice President Atiku Abubakar on the occasion of his 78th birthday,” Dare’s statement read. “The former Vice President and PDP presidential candidate in the 2023 presidential election has been an active player in Nigeria’s democratic process since the return to civilian rule in 1999.” Dare said Tinubu “recalls many special…

Nov

2024

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By Abia ThinkTank

President Tinubu Celebrates Port-harcourt Refinery Revival, Gives Fresh Order To NNPC

FGN, News Flash, Oil & Gas, Presidency

Tinubu Celebrates Port Harcourt Refinery Revival, Gives Fresh Order To NNPCL President Bola Tinubu has extended his heartfelt congratulations to the Nigeria National Petroleum Company Limited (NNPCL) on the successful revitalisation of the Port Harcourt refinery, marked by the official commencement of petroleum product loading on Tuesday. A statement by Special Adviser to the President (Information & Strategy), Bayo Onanuga on Tuesday, said the president acknowledged the pivotal role of former President Muhammadu Buhari in initiating the comprehensive rehabilitation of all the country’s refineries. He also expressed gratitude to the African Export-Import Bank for its confidence in financing this critical…

Nov

2024

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By Abia ThinkTank

President Tinubu Assures Of Greater Economic Output, Welcomes Third Quarter GDP Growth

Economy, FGN, News Flash

STATE HOUSE PRESS STATEMENT PRESIDENT TINUBU ASSURES OF GREATER ECONOMIC OUTPUT, WELCOMES THIRD QUARTER GDP GROWTH FIGURE President Bola Tinubu has assured Nigerians of better economic output as the economy continues to expand following the newly released third quarter Gross Domestic Product report by the National Bureau of Statistics. According to the NBS, Nigeria's GDP grew by 3.46%, compared to the 3.19% growth recorded in the second quarter. The growth in GDP shows that President Tinubu's quest for a more robust boost in the economy and, by extension, a better standard of living for all Nigerians is on course. The…

Nov

2024

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By Abia ThinkTank

Dangote Refinery Jet Fuel Exported To London, Iceland, Other Global Airports

Business, Economy, FGN, News Flash, Oil & Gas

Dangote Refinery Jet Fuel Exported To London, Iceland, Other Global Airports The Dangote Refinery has successfully exported its jet fuel to various international destinations, including airports in Iceland, Tenerife, and London. According to a report by SP Global Commodity Insights, the refinery’s Nigerian-made aviation fuel has reached prominent locations such as Heathrow Airport in the UK, as the petrochemical facility continues to scale up production. The report further highlights that between January and October this year, the majority of the refinery’s supply has been delivered to the Lome transshipment hub off Togo. South Korea has also emerged as the largest…

Nov

2024

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By Abia ThinkTank

Northern Elders’ Forum (NEF) Affirm Rejection Of Tax Reform Bill

Economy, FGN, News Flash, Northern Nigeria

Northern Elders Affirm Rejection Of Tax Reform Bill The Northern Elders’ Forum (NEF), on Saturday, November 23, reaffirmed its rejection of the Tax Reform Bill. NEF described it as a policy “conceived in bad faith”, adding that it threatens national cohesion. The group criticised the manner of its implementation, alleging that key stakeholders, including members of the National Economic Council (NEC), were sidelined during the process. The convener of NEF, Professor Ango Abdullahi, in a communique after the forum Board of Trustees’ second bi-annual meeting, in Abuja, warned against policies that could further marginalise the north’s resource potential. The forum…