FGN

FGN Unveils $100 Billion Creative Economy Growth Plan, Target 2 Million Jobs

FGN Unveils $100 Billion Creative Economy Growth Plan, Target 2 Million Jobs

FG Unveils $100 Billion Creative Economy Growth Plan, Target 2 Million Jobs The Federal Government has launched an eight-point plan to generate at least $100 billion and create over two million jobs from Nigeria’s creative economy yearly. The plan, unveiled by the Minister of Art, Culture and the Creative Economy, Hannatu Musa Musawa, at a roundtable for local and international investors in Lagos, has the potential to grow Nigeria’s creative economy by 400% by 2027, positioning the sector to leapfrog in the long term. According to the Minister, the 8-Point Plan and Roadmap include initiatives such as skills development, policy…
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First Lady Of Nigeria, Remi Tinubu Unveils National Unity Fabric

First Lady Of Nigeria, Remi Tinubu Unveils National Unity Fabric

Remi Tinubu Unveils National Unity Fabric First Lady of Nigeria, Senator Oluremi Tinubu has unveiled the OneNigeria/UnityFabric, which she described as a symbol of national unity. The fabric was designed by 25-year-old Miss Mofinyinfoluwa Bamidele a graduate of the University of Ibadan. Bamidele, who went home with a prize of ₦25m, emerged the winner of a fabric designs competition, organised by the Renewed Hope Initiative (RHI), chaired by First Lady. In her keynote address at the unveiling of the #OneNigeria/UnityFabric and announcement of the winner of the competition held on Monday at the State House Conference Centre, Abuja, Tinubu explained…
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President Tinubu Returns To Nigeria After China, UK Trip

President Tinubu Returns To Nigeria After China, UK Trip

President Tinubu Returns To Nigeria After China, UK Trip President Bola Ahmed Tinubu has arrived in Nigeria after a successful working visit to China and the United Kingdom. The announcement was made known by the special adviser to the president on Social media, Dada Olusegun, on Sunday night. Recall that Bayo Onanuga, the special adviser on information and strategy to the president revealed on Saturday that Mr President will return to Abuja on Sunday after a two-week official trip to China and the United Kingdom (UK). Tinubu left Abuja for China on August 29 but stopped in Dubai before arriving…
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FGN Approves Promotion Of 20,867 Personnel In Immigration, Civil Defence, Other Para-Military Services

FGN Approves Promotion Of 20,867 Personnel In Immigration, Civil Defence, Other Para-Military Services

FG Approves Promotion Of 20,867 Personnel In Immigration, Civil Defence, Other Para-military Services The federal government has approved the immediate promotion of a total of 20, 867 senior personnel across various ranks in the Nigeria Immigration Service (NIS) the Nigeria Security and Civil Defence Corps (NSCDC), and the Nigeria Correctional Service (NCoS). Also, the promotion for the Federal Fire Service (FFS) has been approved. The Minister of Interior, Dr Olubunmi Tunji-Ojo, who announced the promotion on Friday, September 13, also said the government approved a special promotion for two officers of NCoS, four officers of the NIS, two officers of…
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We’ve Disbursed N625 Billion To States Through NG-CARES Scheme – FGN

We’ve Disbursed N625 Billion To States Through NG-CARES Scheme – FGN

We’ve Disbursed N625 Billion To States Through NG-CARES Scheme – FG Federal Government of Nigeria has disclosed that N625 Billion has been given to states through NG-CARES Scheme. Abdulkarim Obaje, the national coordinator of the Nigeria COVID-19 action, recovery and economic stimulus (NG-CARES), says about N625 billion has been disbursed to all 36 states through the scheme. Obaje spoke on Thursday during a peer learning and experience-sharing exercise in Bauchi. The NG-CARES is an initiative of the World Bank and the federal government to support the recovery of communities, households, and businesses affected by COVID-19. Describing the programme as one…
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President Tinubu’s Whereabout Unknown Again

President Tinubu’s Whereabout Unknown Again

President Tinubu Goes Missing In Transit Again President Bola Tinubu’s overseas travels and exact whereabouts have again become a subject of speculation. On August 29, Tinubu embarked on a trip to China, and Nigerians were told he would make a brief stopover in Dubai. He suddenly reappeared in London on Wednesday. He had landed in Beijing in the early hours of September 1. He had a busy week meeting and signing agreements with Chinese political and business leaders on the sidelines of the Forum on China-Africa Cooperation. The President concluded his official engagements in China by meeting with Nigerians living…
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FAAC Allocations Rise To N13.7trn 149% In 7 Months

FAAC Allocations Rise To N13.7trn 149% In 7 Months

FAAC Allocations Rise 149% To N13.7trn In 7 Months The Federation Account Allocations Committee (FAAC) disbursements to the Federal Government (FG), 36 states and 774 local governments (LG) rose by 149.4 percent year-on-year (YoY) to N13.72 trillion in the first seven months (January to July) of 2024, 7M ’24, from N5.5 trillion in the corresponding period of 2023. Details of data from the National Bureau of Statistics, NBS, FAAC report for the review period showed that in 7M ’24, FG received N2.68 trillion, up by 28.2 percent YoY from N2.09 trillion received in 7M’23. States received N2.91 trillion in the…
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The Importance Of Petrol Subsidy Removal – President Tinubu

The Importance Of Petrol Subsidy Removal – President Tinubu

Why Petrol Subsidy Removal Is Important – President Tinubu President Bola Tinubu says the removal of subsidy on premium motor spirit (PMS), also known as petrol, is designed to free up budgetary resources for critical investments. Tinubu spoke on Tuesday during the 17th annual Chartered Institute of Bankers of Nigeria (CIBN) banking and finance conference in Abuja. He was represented by Vice-President Kashim Shettima. On May 29, 2023, Tinubu announced the removal of subsidy on petrol — a development that immediately led to a spike in the price of PMS, as well as goods and services. Speaking at the conference,…
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Presidency Accepts Ngelale’s Resignation As Tinubu’s Spokesperson.

Presidency Accepts Ngelale’s Resignation As Tinubu’s Spokesperson.

Presidency Accepts Ngelale’s Resignation As Tinubu’s Spokesman The Presidency on Saturday said it has received the memo from the Spokesman for the President, Ajuri Ngelale, to proceeded on an indefinite leave of absence due to personal and health-related reasons. This was disclosed in a statement shared on the X handle of the Presidency, @NGRPresident, and that of the Nigerian Television Authority, @NTANewsNow, on Saturday night. Unlike previous statements by the Presidency, it was not signed by any official as it simply indicated “The Presidency” as the signatory. It read in part,“The President has received the memo from Chief Ajuri Ngelale,…
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