FGN - Abia ThinkTank News

Dec

2024

Nigeria Recorded N5.81 Trillion Trade Surplus In Q3 – National Bureau Of Statistics

Nigeria Recorded N5.81 Trillion Trade Surplus In Q3 Nigeria has recorded a trade surplus of N5.81tn in the third quarter of 2024, reflecting a remarkable rise in export earnings, according to the latest data from the National Bureau of Statistics. However, the surplus recorded in Q3 2024 is far lower than the N6.95tn trade surplus recorded in the previous quarter. The NBS in its foreign trade statistics report on Friday noted that Nigeria’s merchandise trade for the Q3 2024 was a total value of N35.16tn, marking an 81.35 per cent increase compared to the same period in 2023 and a…

Dec

2024

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By Abia ThinkTank

President Tinubu Appoints New CEOs For NUC, 3 Others

Education, FGN, News Flash, Presidency

President Tinubu Appoints New CEOs For NUC, 3 Others President Bola Tinubu has announced the appointment of Chief Executive Officers (CEOs) for the National Universities Commission (NUC), the Nigerian Educational Research and Development Council (NERDC), the Solid Minerals Development Fund/Presidential Artisanal Gold Mining Initiative (SMDF/PAGMI) and the New Partnership for Africa Development (NEPAD). This is contained in a statement issued by Presidential spokesman, Bayo Onanuga on Friday. Tinubu appointed Prof. Abdullahi Yusuf Ribadu, a visiting professor at the NUC, as the organisation’s Executive Secretary. Ribadu is an expert in veterinary reproduction and has served as Vice Chancellor of the Federal…

Dec

2024

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By Abia ThinkTank

President Tinubu Appoints New Nominees For South East, North West Development Commissions

FGN, News Flash, Politics, Presidency

Tinubu Appoints New Nominees For North West, South East Development Commissions President Bola Ahmed Tinubu has submitted a revised list of nominees for the Governing Board of the North West Development Commission (NWDC) to the Senate, along with nominations for the South East Development Commission (SEDC), as part of his commitment to regional development. The revised NWDC list names Alhaji Lawal Samai’la Abdullahi as the new chairman, replacing Ambassador Haruna Ginsau. Other changes include the replacement of Senator Tijani Yahaya Kaura and Hon. Abdulkadir S. Usman with Ja’afar Abubakar Sadeeq and Yahaya Aminu Abdulhadi. Professor Abdullahi Shehu Ma’aji retains his…

Dec

2024

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By Abia ThinkTank

How ICPC Uncovered $300,000 Students’ Funds In Suspicious Account

Crime, FGN, News Flash

How ICPC Uncovered $300,000 Students’ Funds In Suspicious Account The chairman of the Independent Corrupt Practices and Other Related Offences Commission, Dr. Musa Adamu Aliyu, has revealed how the commission in partnership with the Bureau of Public Procurement, successfully intercepted and blocked $300,000. He said the money was set aside for a students’ Information and Communication Technology program, which was being funnelled through suspicious accounts. Aliyu emphasized the importance of cooperation between sister agencies to prevent corrupt officials from carrying out illicit activities. He explained, “It was BPP that gave us an idea because something strange was happening concerning ICT…

Dec

2024

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By Abia ThinkTank

President Tinubu Gives Fresh Directive To Justice Ministry, NASS Over Controversial Tax Reform Bills

FGN, National Assembly, News Flash, Presidency

Tinubu Gives Fresh Directive To Justice Ministry, NASS Over Controversial Tax Reform Bills President Bola Tinubu has directed the Federal Ministry of Justice and the National Assembly to work on concerns raised over the tax bills. Criticisms have greeted Tinubu’s transmission of the Tax Reform Bills to the National Assembly. The move has pitted the president against some governors with the most vocal criticism coming from the northern region. Some critics believe the bills are against the northern region while others argue that they would further impoverish Nigerians. But to address these concerns, President Tinubu has mandated the Justice Ministry…

Dec

2024

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By Abia ThinkTank

Senate Confirms Oluyede As Chief Of Army Staff

FGN, National Assembly, News Flash, Politics, Security

Senate Confirms Oluyede As Chief Of Army Staff The Senate on Tuesday confirmed Lt.- Gen. Olufemi Oluyede, as the substantive Chief of Army Staff (COAS). This was sequel to the consideration and adoption of a report of the Senate Committee on Army, presented by its chairman, Senator Abdulaziz Yar’adua (APC, Katsina), after screening the army chief. Recall that President Bola Ahmed Tinubu had asked the Senate to confirm Oluyede as COAS following the death of Lt-Gen. Taoheed Lagbaja. Yar’adua said the nominee had been cleared by the Department of State Services (DSS) and went through the correct process of promotion…

Nov

2024

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By Abia ThinkTank

Former G-5 Governors Ikpeazu, Ugwuanyi, Sarki Make Tinubu’s Ambassadorial List

FGN, Gossips, News Flash, Politics

Former G-5 Governors Ikpeazu, Ugwuanyi, Sarki Make Tinubu’s Ambassadorial List Former governors Okezie Ikpeazu of Abia State and Ifeanyi Ugwuanyi of Enugu State have been shortlisted for ambassadorial appointments by President Bola Ahmed Tinubu. This was exposed by Jackson Ude, a US-based Nigerian investigative journalist, who broke the news via his verified X (formerly Twitter) handle. Ude had posted names of those likely to be ambassadorial appointees, including Ikpeazu and Ugwuanyi, with Fola Adeola, Bayero, Usman Sarki, and Adejoke Orelope-Adefulire. He addressed the former governors as “Ambassador Okezie Ikpeazu” and “Ambassador Ifeanyi Ugwuanyi”, indicating that their inclusion in the list…

Nov

2024

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By Abia ThinkTank

FRSC To Revoke Licences, Prosecute Drivers Involved In Fatal Crashes

FGN, Mishap, News Flash

FRSC To Revoke Licences, Prosecute Drivers Involved In Fatal Crashes The Federal Road Safety Corps (FRSC) has announced plans to revoke the licences of drivers and fleet operators involved in fatal road crashes and prosecute them as part of efforts to improve road safety. The FRSC Corps Marshal, Malam Shehu Mohammed, issued the warning on Thursday in Abuja during the annual Safety Manager Retreat themed “Driver Management: Enhancing Safety Through Technology.” Our correspondent reports that the retreat aims to educate Safety Managers on updates in the Road Transport Safety Standardization Scheme (RTSSS) to promote best practices in fleet operations. Mohammed…

Nov

2024

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By Abia ThinkTank

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…