FGN

Sep
16
2024
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By Abia ThinkTank
President Tinubu Returns To Nigeria After China, UK Trip

President Tinubu Returns To Nigeria After China, UK Trip

FGN, News Flash, Presidency
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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Sep
14
2024
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By Abia ThinkTank
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

FGN, Immigration, News Flash, Security
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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Sep
13
2024
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By Abia ThinkTank
We’ve Disbursed N625 Billion To States Through NG-CARES Scheme – FGN

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

Economy, FGN, News Flash
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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Sep
13
2024
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By Abia ThinkTank
President Tinubu’s Whereabout Unknown Again

President Tinubu’s Whereabout Unknown Again

FGN, News Flash, Politics
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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Sep
10
2024
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By Abia ThinkTank
FAAC Allocations Rise To N13.7trn 149% In 7 Months

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

CBN/Commercial Banking, Economy, FGN, News Flash
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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Sep
10
2024
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By Abia ThinkTank
The Importance Of Petrol Subsidy Removal – President Tinubu

The Importance Of Petrol Subsidy Removal – President Tinubu

Columns/Opinions/Letters, Economy, FGN, News Flash
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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Sep
08
2024
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By Abia ThinkTank
Presidency Accepts Ngelale’s Resignation As Tinubu’s Spokesperson.

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

FGN, News Flash, Politics
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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Sep
06
2024
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By Abia ThinkTank
VP Shettima Summons Petroleum Minister, NNPCL, NSA Ribadu Over Petrol Price Hike

VP Shettima Summons Petroleum Minister, NNPCL, NSA Ribadu Over Petrol Price Hike

Economy, FGN, News Flash, Oil & Gas
VP Shettima Summons Petroleum Minister, NNPCL, NSA Ribadu Over Petrol Price Hike Vice President, Kashim Shettima, on Thursday summoned the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, and the Group Managing Director of Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari. The Vice President also summoned the National Security Adviser, Nuhu Ribadu over the recent hike in the price of Premium Motor Spirit (PMS), otherwise known as petrol. The Vice President is meeting with the trio in his office at the State House, Abuja NNPCL on Tuesday increased the pump price of petrol from ₦568 to ₦855,…
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Sep
06
2024
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By Abia ThinkTank
FGN Finally Begins Sale Of Rice At N40,000 To Nigerians With NIN

FGN Finally Begins Sale Of Rice At N40,000 To Nigerians With NIN

Agriculture, Economy, FGN, News Flash
FGN Finally Begins Sale Of Rice At N40,000 To Nigerians With NIN The federal government has commenced the sale of 30,000 metric tonnes of milled rice to Nigerians at subsidised rates of N40,000 per 50-kilogramme bag. “It is my pleasure to welcome you all to this historical, all-important and long-awaited inauguration of the sales of 30,000MT of federal government-milled rice to Nigerians at a subsidised rate of N40,000 per 50 kilogrammes,” said the minister of Agriculture and Food Security, Abubakar Kyari. Mr Kyari inaugurated the sale of the subsidised milled rice on Thursday in Abuja, saying the exercise would be…
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