Aviation stakeholders are calling for investigations into the projects initiated by former Minister of Aviation, Sen. Hadi Sirika, particularly the...

News: ETRANZACT, ETERNA leads gainers as NGX gains N126 billion

Breaking News

TinuBULL: Nigerian Stocks post 5.23% gain after inauguration speech

byChris Ugwu

May 30, 2023

Nigerian Equities rallied to a 5.2% gain on Tuesday as investors reacted positively to the inauguration speech of President Bola...

Energy

Fuel subsidy removal causes transport costs to skyrocket in Lagos

byOmono Okonkwo

May 30, 2023

Many Nigerians are already feeling the impact of President Tinubu's declaration on fuel subsidy removal amid skyrocketing transport costs

Changes to petrol price is not enough reason for panic buying – NNPC Limited

Energy

Changes to petrol price is not enough reason to prompt panic buying – NNPC Limited

byOmono Okonkwo

May 30, 2023

NNPC Limited said that the potential changes to petrol price is not enough reason for Nigerians to engage in panic...

Politics

Full text of President Bola Ahmed Tinubu’s inauguration speech

byChike Olisah

May 29, 2023

This is the full text of the inauguration speech given earlier today by Nigeria's president Bola Ahmed Tinubu.

During the solemn inauguration, President Tinubu took the oath of office, pledging to faithfully fulfill his duties and ensure that his personal interests never conflict with his responsibilities as the nation's leader. The atmosphere was charged with anticipation and hope as the new president delivered an impassioned speech, expressing his deep love for Nigeria and unwavering faith in its people. Addressing the nation, President Tinubu spoke of the challenges and triumphs that have shaped Nigeria's journey, highlighting the resilience and diversity of its citizens. He emphasized that Nigeria has defied critics who predicted its demise and declared that the nation stands as Africa's most populous and as a beacon of hope for the Black Race. Acknowledging his predecessor, President Tinubu praised President Buhari as an honest and patriotic leader who has dedicated himself to the welfare of the country. He extended a hand of friendship and unity to all Nigerians, regardless of their political affiliations, emphasizing that his administration would govern on behalf of the people, consult with them, and work towards healing and progress. President Tinubu outlined key priorities for his administration, focusing on security, the economy, job creation, agriculture, infrastructure development, and foreign policy. He stressed that security would be the top priority, as prosperity and justice can only thrive in a peaceful and secure environment. The president pledged to invest in security personnel, providing them with better training, equipment, and support. Economic growth and development were also highlighted as crucial objectives, with President Tinubu emphasizing the need to stimulate the economy, reduce unemployment, and promote domestic manufacturing. He outlined plans to improve access to affordable electricity, encourage investment, and create one million new jobs in the digital economy. The president also promised to address issues such as multiple taxation and anti-investment obstacles raised by local and foreign investors. Agriculture was identified as a key sector for rural development, and President Tinubu proposed initiatives to secure rural incomes, reduce spoilage and waste, and increase production through agricultural hubs. He emphasized the importance of making food more abundant and affordable while ensuring that farmers earn fair wages. Infrastructure development, including the expansion of national networks of roads, rail, and ports, was highlighted as a priority to enhance connectivity and facilitate economic growth. The president also expressed support for phasing out the petrol subsidy regime, redirecting funds into public infrastructure, education, healthcare, and job creation. President Tinubu underscored the need for comprehensive monetary policy reform, aiming for a unified exchange rate and lower interest rates to stimulate investment and consumer purchasing. He acknowledged the importance of foreign policy, emphasizing Nigeria's commitment to peace and stability within West Africa and the continent as a whole, while actively promoting regional and continental prosperity. In conclusion, President Tinubu expressed his deep pride in assuming the presidency and declared that the day belonged to the people of Nigeria. He called on all Nigerians to join him in building a more perfect nation and democracy, where the Nigerian ideal becomes a tangible reality. With confidence and determination, President Tinubu affirmed that these goals are within reach and closed his speech with the assurance that Nigeria will forever reside among the world's great democracies. As President Bola Ahmed Tinubu assumes office, Nigerians eagerly anticipate the implementation of his agenda and the realization of his vision for a prosperous and united Nigeria.

Breaking News

President Bola Ahmed Tinubu sworn in as Nigeria’s 16th president

byChike Olisah

May 29, 2023

President Bola Ahmed Tinubu has been sworn in as the 16th president of the Federal Republic of Nigeria.

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Economy

The economy Buhari met versus what he is leaving behind for Tinubu

byResearch Team

May 29, 2023

We collated the outgoing president's economic scorecard for the eight years he ruled as president of Nigeria.

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Full text of President Bola Ahmed Tinubu’s inauguration speech

President Bola Ahmed Tinubu sworn in as Nigeria’s 16th president

The economy Buhari met versus what he is leaving behind for Tinubu

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