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BOLA TINUBU
News and analysis about bola tinibu
The Minister of Solid Minerals Development, Dele Alake, announced that Nigerian gold bars transaction has boosted the country’s foreign reserve assets by over $5 million.
Ibrahim Maigari, Chief Executive Officer of Rice Afrika, has attributed the current food inflation in Nigeria to a series of disruptive events from 2020 to 2023, including the COVID-19 pandemic lockdown, currency redesign, and the removal of fuel subsidies by the current administration.
President of the Republic of South Africa, Cyril Ramaphosa says he will sustain a strategic partnership with Nigeria.
Justice Obiora Egwuatu of a Federal High Court sitting in Abuja has dismissed a suit which sought the sacking of the Chairman, of the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyode.
President Bola Tinubu has said that the high price of food items in the country can be attributed to the loss of 60% to 70% of the food produce to external damages such as bad roads, banditry, and terrorism.
The special adviser to the President on Information and Strategy, Bayo Onanuga, said that the inflation rate has been slightly reduced on a month-to-month basis, adding that citizens will soon begin to feel the positive impact of the reduction.
The special adviser to the President on Information and Strategy, Bayo Onanuga, said Nigeria was spending a whooping sum of $1.5 billion monthly to peg foreign exchange before Tinubu’s unification policy in June 2023.
The Federal Minister of Aviation and Aerospace Development, Festus Keyamo, has announced that the United Arab Emirates (UAE) government will soon reveal the date for lifting the visa ban that has restricted Nigerian travellers.
President Bola Tinubu has approved the appointment of Mr. Ayodeji Ariyo Gbeleyi as the new Director-General of the Bureau of Public Enterprises (BPE).
President Bola Tinubu has directed the resignation of Mr. Mamman Ahmadu from his position as the Director-General and Chief Executive Officer of the Bureau of Public Procurement (BPP).
Nigeria has secured a total of $4.95 billion in loans from the World Bank under the administration of President Bola Tinubu amid concerns over the country’s rising external debt servicing costs.
President Tinubu has approved the appointment of a revised list of Governing Councils and Boards for federal universities, polytechnics, and colleges of education.