FGN - Abia ThinkTank News

Dec

2023

2024 Budget: Ex-Presidents, Former VPs, Others Get N13.8 Billion Upkeep Allowance

Budget: Ex-presidents, former VPs, others get N13.8bn upkeep allowance The Federal Government has earmarked a total of N13,805,814,220 for the upkeep of former presidents, vice-presidents, heads of state, Chiefs of General Staff, retired heads of service, permanent secretaries, as well as retired heads of government agencies and parastatals in the 2024 fiscal year. The beneficiaries include former Presidents Olusegun Obasanjo, Goodluck Jonathan and Muhammadu Buhari, as well as ex-vice-presidents Atiku Abubakar, Namadi Sambo and Prof Yemi Osinbajo. Also expected to benefit from the windfall are ex-military Heads of State, General Yakubu Gowon and General Abdusalami Abubakar, as well as a…

Dec

2023

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By Abia ThinkTank

2024 Budget Details Released: See What Each Ministry, Tetfund, NDDC, Others Will Get

FGN, National Assembly, News Flash

2024 BUDGET DETAILS released after backlash: See what each ministry, TETFund, NDDC, others will getPresident Tinubu presenting the 2024 Budget to the National Assembly The Senate has released the sectoral allocations of the N27.5 trillion budget for 2024 fiscal year. This is coming amid the controversy over the sketchy details of the budget President Bola Ahmed Tinubu presented to the National Assembly on Wednesday. Our correspondent observed that lawmakers were only provided copies of the president’s speech during debate on the budget, a development some members of parliament described as strange. Legislators had raised concerns over the non-availability of the…

Dec

2023

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By Abia ThinkTank

FG Targets Production Of 31 Million Metric Tones Of Grain In 2024

Economy, FGN, News Flash

FG Targets Production Of 31 Million Metric Tones Of Grain in 2024 The federal government through the Ministry of Agriculture has stated that it hopes to produce around 31 million metric tonnes of grains in 2024 as part of efforts to combat food inflation across the country and address President Tinubu’s food security emergency. The Minister of State for Agriculture and Food Security, Sen. Dr. Aliyu Sabi Abdullahi stated this during the opening session of the 6th edition of Seed Connect Conference and Exhibition with the theme ‘’ Global Declaration of Food Emergency – The Role of the Seed Industry…

Nov

2023

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By Abia ThinkTank

My Administration Working Towards Full University Autonomy – President Tinubu

Education, FGN, News Flash

President Tinubu Pledges Full University Autonomy President Bola Ahmed Tinubu said his administration was working towards the introduction of the policy that will grant full autonomy to universities. President Tinubu represented by the Minister of Niger Delta Affairs, Engr. Abubakar Momoh said this in Benin at the weekend during the 48th convocation of the University of Benin. He said he was convinced that university autonomy would enhance the quality of university education. “University autonomy transfers the responsibility performance directly to the individual institution. This administration believes that this is the right step in the right direction,” he said. The president…

Nov

2023

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By Abia ThinkTank

Tinubu Appoints Ex-Minister, 9 Others On The Board of Federal Ministry Of Finance Incorporated

FGN, News Flash, Politics

Again, Tinubu Appoints Ex-Minister, 9 Others AttNews reports that President Bola Tinubu has approved the appointment of 10 Nigerians to serve on the Board of Directors of the Ministry of Finance Incorporated (MOFI). This is contained in a statement issued by presidential spokesman, Ajuri Ngelale on Friday. The names Board members are: (1) Dr. Shamsudeen Usman — Board Chairman (2) Dr. Armstrong Ume Takang — CEO/Managing Director (3) Mr. Tajudeen Datti Ahmed — Executive Director, Portfolio Management (4) Mr. Femi Ogunseinde — Executive Director, Investment Management (5) Mrs. Oluwakemi Owonubi — Executive Director, Risk (6) Mrs. Fatima Nana Mede —…

Nov

2023

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By Abia ThinkTank

FG Slashes Wage By N100bn, Labour Complains

FGN, Labour, News Flash, Presidency

FG Slashes Wage By N100bn, Labour Complains Labour unions, on Wednesday, lambasted the Federal Government for slashing the supplementary budgetary allocation for wage awards to federal civil servants by N100bn, warning that this was not the agreement they had with the government. Data obtained from the newly Revised 2023 Supplementary Budget, indicated that the government swapped the controversial N5bn presidential yacht votes for Navy barges, increased the budget for defence from N476.54bn to N546.21bn and earmarked N20bn as capital supplementation for the National Intelligence Agency. The PUNCH reports that the recently approved N2.1tn 2023 Supplementary Budget was marred with controversy…

Nov

2023

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By Abia ThinkTank

December Salary Of 5,000 Federal Civil Servants May Be Withheld

FGN, Labour, News Flash

FG May Withhold December Salary Of 5,000 Civil Servants No fewer than 5,000 federal civil servants who have discrepancies in their dates of first appointment and dates of birth may not receive their December salary, National President, Association of Senior Civil Servants of Nigeria, Tommy Okon, has said. Okon, however, said the union was working with the Head of the Civil Service of the Federation and it has forwarded the names of the affected workers to their Directors of Human Resources for confirmation. The ASCSN President said 2,772 workers have been successfully restored back to the payroll of the Federal…

Nov

2023

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By Abia ThinkTank

I Deserve To Be Listed In Guinness World Records For My Reforms Since Assumption Of Office – President Tinubu

FGN, Columns/Opinions/Letters, International, News Flash

I Deserve To Be Listed In Guinness World Records for my reforms since assuming office on May 29, 2023 – Bola Ahmed Tinubu At the 10th German-Nigerian Business Forum in Berlin, Germany, President Bola Tinubu bluntly declared that he deserves to be listed in the Guinness World Records for the reforms he has made since assuming office on May 29, 2023. Tinubu stated that during his time as governor of Lagos State between 1999 and 2007, he moved the state from zero to becoming the fifth largest economy on the continent, adding that his track record prepared him for the…

Nov

2023

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By Abia ThinkTank

President Tinubu Meets German President, Frank-Walter Steinmejer In Berlin

Foreign Affairs, FGN, News Flash

President Tinubu Meets German President, Frank-Walter Steinmeier In Berlin President Bola Ahmed Tinubu, on Tuesday, met with the German President, Frank-Walter Steinmeier, at the Bellevue Palace in Berlin. In a post via his official X (formerly Twitter) handle on Tuesday, Tinubu said he looked forward to a more prosperous partnership between the two countries. He wrote: “Thank you, President Frank-Walter Steinmeier, for hosting me at the Bellevue Palace today. I look forward to a more prosperous partnership between our countries.” SPECIAL ADVERT PROMO FOR 2023 IGBA-OTOMU, IGBA-UCHE, IGBA-EKPE, IZU-UCHE, IGBOTONMA AND IZA-AFA This is a special promo designed for our…

Nov

2023

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By Abia ThinkTank

Nigeria Witnessing Significant Investments Under President Tinubu – Foreign Affairs Minister, Tuggar

FGN, Foreign Affairs, News Flash

Nigeria Witnessing Significant Investments Under Tinubu – Minister Nigeria Witnessing Significant Investments Under Tinubu – MinisterYusuf Tuggar, Nigeria’s Minister of Foreign Affairs, has emphasized the significant investments taking place in the country during President Bola Ahmed Tinubu’s leadership. In an interview on Channels TV’s Politics Today, Tuggar highlighted specific recent instances of investment activities. He mentioned a major development at the G20 Compact with Africa (CWA) Conference in Germany, where Union Bank and German group GWX signed a $500 million agreement to finance a green energy project. Additionally, a Nigerian group entered into an agreement with a German counterpart to…