Presidency

Nov
19
2024
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By Abia ThinkTank
President Tinubu Writes National Assembly, Seeks Approval For Fresh Foreign Loan

President Tinubu Writes National Assembly, Seeks Approval For Fresh Foreign Loan

Economy, FGN, National Assembly, News Flash, Presidency
Tinubu Writes National Assembly, Seeks Approval For Fresh Foreign Loan President Bola Tinubu has written to the National Assembly, seeking approval for a fresh N1.767 trillion external borrowing plan to part-finance the budget deficit of N9.7 trillion for the 2024 budget. The Nigeria’s growing foreign debt obligations have been of concern lately, and this has been exacerbated by the liberalization of exchange rates, making loan repayment more expensive. According to the Central Bank of Nigeria (CBN), the Federal Government spent $3.58 billion servicing the country’s foreign debt in the first nine months of 2024, representing a 39.77% increase from the…
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Nov
19
2024
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By Abia ThinkTank
Nigerians Suffering, Reverse Floating Of Naira, Energy Cost – Labour Urged President Tinubu

Nigerians Suffering, Reverse Floating Of Naira, Energy Cost – Labour Urged President Tinubu

Columns/Opinions/Letters, Economy, FGN, News Flash, Politics, Presidency
Nigerians Suffering, Reverse Floating Of Naira, Energy Cost – Labour Urges Tinubu Organised Labour, a weekend in Ibadan, Oyo State, urged President Bola Tinubu to reverse the floating of the national currency and energy cost to lessen the hardship across the country. Under the aegis of the National Union of Shop and Distributive Employees, NUSDE, Organised Labour noted that Nigerians and businesses are passing through very difficult times and that the federal government needs to address the issues urgently before things get out of hand. President of NUSDE, Aminu Megbontowon, who spoke while addressing guests and members of the Union…
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Nov
18
2024
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By Abia ThinkTank
Apologize To Nigerians; Democracy Suffered Mortal Wound Under You – Presidency Blasts Obasanjo

Apologize To Nigerians; Democracy Suffered Mortal Wound Under You – Presidency Blasts Obasanjo

Columns/Opinions/Letters, FGN, News Flash, Presidency
Apologize To Nigerians, Democracy Suffered Mortal Wound Under You – Presidency Blasts Obasanjo The Special Adviser to President Bola Tinubu on Public Communication and Orientation, Sunday Dare, has lambasted former president, Olusegun Obasanjo. Dare in a statement on his X Platform, formerly (Twitter), described Obasanjo’s regime as the most corrupt government in the history of Nigeria. He said that Obasanjo has no moral right to condemn any government, noting that he should apologize to Nigerians for not laying the foundational infrastructure Nigeria needed to advance. Recall that the former military head of state, had in his keynote lecture titled, “Leadership…
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Nov
13
2024
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By Abia ThinkTank
Period Of Economic Hardship Now Over – President Tinubu Tells Nigerians

Period Of Economic Hardship Now Over – President Tinubu Tells Nigerians

Economy, FGN, News Flash, Presidency
Period Of Economic Hardship Now Behind Us – President Tinubu Tells Nigerians President Bola Tinubu has assured Nigerians that the nation’s most challenging economic period is now behind them. The spokesperson for the vice president, Stanley Nkwocha, disclosed this in a statement on Tuesday in Abuja. He said Mr Tinubu gave the assurance at the inauguration of Monday Okpebholo and Dennis Idahosa as governor and deputy governor of Edo State. Represented by Vice President Kashim Shettima, the president said the inauguration brings a new chapter in Edo State’s history with the triumph of democratic values. ”We have weathered the hardest…
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Oct
31
2024
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By Abia ThinkTank
President Tinubu Appoints Acting Chief Of Army Staff

President Tinubu Appoints Acting Chief Of Army Staff

FGN, News Flash, Presidency
Tinubu Appoints Acting Chief Of Army Staff President Bola Tinubu on Wednesday appointed Major General Olufemi Olatubosun Oluyede as the acting Chief of Army Staff (COAS). The Special Adviser to the president on information and strategy, Bayo Onanuga, in a statement said Oluyede will hold sway as the COAS pending the return of Lt. General Taoreed Abiodun Lagbaja, who is said to be indisposed and receiving treatment abroad. “President Bola Ahmed Tinubu, Commander-in-Chief of the Armed Forces, has appointed Major General Olufemi Olatubosun Oluyede as the acting Chief of Army Staff (COAS). “Oluyede will act in the position pending the…
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Oct
28
2024
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By Abia ThinkTank
Presidency Confirms Beta Edu’s Permanent Exit From Tinubu’s Cabinet

Presidency Confirms Beta Edu’s Permanent Exit From Tinubu’s Cabinet

Columns/Opinions/Letters, News Flash, Presidency
Presidency Confirms Betta Edu’s Permanent Exit From Cabinet The Presidency has officially ruled out any possibility of former Minister of Humanitarian Affairs and Disaster Management, Betta Edu, returning to President Bola Tinubu’s cabinet. The announcement came from presidential spokesperson Bayo Onanuga during his appearance in Sunday’s edition of Channels Television’s Politics Today. This declaration ends months of speculation that she might be reinstated to her former position. Tinubu suspended the minister in January following a national outcry over an alleged ₦585 million scandal. The president ordered a comprehensive inquiry into the alleged fraud within her ministry, pledging to “decisively punish”…
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Oct
27
2024
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By Abia ThinkTank
I Emptied My Account To Campaign For President Tinubu, But All I get Is Betrayal – Asari Dokubo

I Emptied My Account To Campaign For President Tinubu, But All I get Is Betrayal – Asari Dokubo

Columns/Opinions/Letters, Mishap, Politics, Presidency
I Emptied My Account To Campaign For President Tinubu, But He Betrayed Me – Asari Dokubo Former Niger Delta militant leader, Asari Dokubo, has accused President Tinubu of betrayal and neglect. Asari, who made the accusation in a viral video on social media, said Tinubu had betrayed him after working for his emergence as the Nigerian president in the 2023 elections. Dokubo claimed that he spent his money canvassing for votes for Tinubu during the 2023 presidential election, only to be abandoned. He, however, vowed to form an alliance with the Northern region and dump Tinubu ahead of the 2027…
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Oct
25
2024
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By Abia ThinkTank
President Tinubu Restricts Ministers, Others To 3 Official Vehicles In Bid To Reduce Cost Of Governance

President Tinubu Restricts Ministers, Others To 3 Official Vehicles In Bid To Reduce Cost Of Governance

Economy, FGN, News Flash, Presidency
Tinubu Restricts Ministers, Others To 3 Official Vehicles In Bid To Reduce Cost Of Governance President Bola Tinubu has implemented a new cost-cutting measure limiting Federal Ministers, Ministers of State, and Heads of Agencies to a maximum of three vehicles in their official convoys. This directive, outlined in a statement personally signed by the president, aims to streamline government operations and reduce expenditures associated with official travel. Additionally, the President has set a cap of five security personnel for the officials, comprised of four police officers and one officer from the Department of State Services (DSS). “He similarly reduced the…
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Oct
23
2024
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By Abia ThinkTank
Nigerians Now Have A Choice To Buy Petrol At N1,000 Per Litre Or CNG For N200 – President Tinubu

Nigerians Now Have A Choice To Buy Petrol At N1,000 Per Litre Or CNG For N200 – President Tinubu

FGN, News Flash, Oil & Gas, Presidency
Buy Petrol At N1,000 Per Litre Or CNG For N200 – Tinubu Tells Nigerians President Bola Tinubu says Nigerians can buy premium motor spirit (PMS), also known as petrol, at N1,000 per litre or compressed natural gas (CNG) at N200 per standard cubic meter. In a statement by Bayo Onanuga, special adviser to the president, Tinubu spoke during a meeting with the Nigerian Independent Petroleum Company (NIPCO) on Tuesday at the State House in Abuja. While commending NIPCO’s contributions to the nation’s energy transition efforts, particularly its support for the presidential compressed natural gas initiative (PCNGI), Tinubu said CNG saves…
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Oct
11
2024
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By Abia ThinkTank
Tinubu’s Wife Denies Husband’s Role In Economic Hardship, Saying He Was Already Rich

Tinubu’s Wife Denies Husband’s Role In Economic Hardship, Saying He Was Already Rich

Columns/Opinions/Letters, News Flash, Presidency
Tinubu’s Wife Denies Husband’s Role in Economic Hardship, Says He’s Already Rich Nigeria’s First Lady, Senator Oluremi Tinubu, has defended her husband, President Bola Tinubu, against allegations of having a hand in the country’s economic hardship. Oluremi Tinubu made the remarks while speaking at the Palace of Ooni of Ife, Oba Adeyeye Ogunwusi on Thursday. Mrs. Tinubu said that President Tinubu should not be blamed for the current economic challenges. Mrs. Tinubu emphasized that the Tinubu administration is still in its early stages and should not be held responsible for the current economic situation. She said, “We are just two…
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