FGN - Abia ThinkTank News

Nov

26

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

25

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

25

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

24

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…

Nov

23

2024

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By Abia ThinkTank

Why Simon Ekpa Was Arrested By Finnish Authorities – FGN

Crime, FGN, Foreign Affairs, Human Rights, News Flash

Why Simon Ekpa Was Arrested By Finnish Authorities – FG The Nigerian Government has said the arrest of Simon Ekpa, a Nigerian-Finnish citizen and a leader of the proscribed Indigenous People of Biafra (IPOB) followed sustained diplomatic pressure on Finland, to take action against his activities, linked to violence and instability in the South-East of Nigeria. Nigeria’s Ministry of Foreign Affairs said this while confirming the arrest of Simon Ekpa by the Finnish authorities in a statement issued on Friday. The ministry, this in a statement by Kimiebi Ebienfa, the Acting Spokesperson of the Ministry of Foreign Affairs, on Friday…

Nov

21

2024

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By Abia ThinkTank

Simon Ekpa Will Be Extradited To Nigeria To Face Charges – Defence Headquarters

Crime, FGN, News Flash

Simon Ekpa Will Be Extradited To Nigeria To Face Charges – Defence Headquarters The Nigerian Defence Headquarters, Abuja, has stated that Simon Ekpa, the self-proclaimed prime minister of the Indigenous People of Biafra (IPOB) will be extradited to the country to face charges against him. Speaking on the arrest of Ekpa in a short press statement by the Director of Defence Information, Brig Gen Tukur Gusau, said the Chief of Defence Staff, Gen Chris Musa, was pleased with Ekpa’s trial. Gusau wrote: “CDS is happy with his arrest in Finland, with the hope this will be a step towards his…

Nov

21

2024

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By Abia ThinkTank

Simon Ekpa, Four Others Arrested In Finland Over Terrorism, Violence In Nigeria

Crime, FGN, News Flash

Simon Ekpa, Four Others Arrested In Finland Over Terrorism, Violence In Nigeria Pro-Biafra Agitator, Simon Ekpa has been arrested alongside four others over Terrorism related activities by Finnish Authorites. The self-declared Prime Minister of Biafra Republic Government In-Exile, was remanded in custody by the district court of Päijät-Häme on suspicion of public incitement to commit a crime with terrorist intent. He was arrested “on suspicion of public incitement to commit a crime with terrorist intent”, while four others were arrested “for financing a terrorist crime”. A statement by the central criminal police in Finland read; “The detention demands are related…

Nov

21

2024

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Senate Approves Tinubu’s N1.77 Trillion External Loan Request

CBN/Commercial Banking, Economy, FGN, News Flash

Senate Approves Tinubu’s N1.77 Trillion External Loan Request The Senate on Thursday, November 21, approved President Bola Ahmed Tinubu’s request for a new eternal borrowing of N1,767,610,321,779.00 or (USD2.209billion in the 2024 Appropriation Act. The resolution of the Senate followed its consideration of the report of the Senate Committee on Local and Foreign Debt and the approval of its recommendations by the Senate during plenary. The Chairman of the Senate Committee on Local and Foreign Debt, Senator Aliyu Wamakko, presented the report. The President’s request was contained in a letter read by the Senate President, Godswill Akpabio, during the plenary…

Nov

21

2024

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President Tinubu Dissolves UNIZIK Council, Sacks Vice-Chancellor, Registrar

Education, FGN, News Flash, Presidency

Tinubu Dissolves UNIZIK Council, Sacks Vice-chancellor, Registrar President Bola Ahmed Tinubu has approved the dissolution of the Governing Council of Nnamdi Azikiwe University, Awka, (UNIZIK) and the removal of the newly appointed Vice-Chancellor, Prof. Bernard Ifeanyi Odoh, along with the Registrar, Mrs. Rosemary Ifeoma Nwokike. A statement issued by the special adviser to be the president on information and strategy, Bayo Onanuga, said the move comes amid allegations of procedural violations in the appointment of the Vice-Chancellor. The university’s Governing Council, led by Ambassador Greg Ozumba Mbadiwe and including five other members—Hafiz Oladejo, Augustine Onyedebelu, Engr. Amioleran Osahon, and Rtd.…

Nov

21

2024

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By Abia ThinkTank

FAAC Shares N1.411 Trillion October Revenue

Economy, FGN, News Flash

FAAC Shares N1.411 Trillion October Revenue The Federation Accounts Allocation Committee (FAAC) has distributed a total of N1.411 trillion as revenue for October 2024 among the Federal Government, State, and Local Government Councils. The allocation was finalised at the November 2024 FAAC meeting held in Bauchi State, presided over by the Accountant General of the Federation, Dr. Oluwatoyin Madein. A communiqué issued after the meeting detailed that the N1.411 trillion distributable revenue comprised statutory revenue of N206.319 billion, Value Added Tax (VAT) revenue of N622.312 billion, Electronic Money Transfer Levy (EMTL) revenue of N17.111 billion, and Exchange Difference revenue of…