Tag

PRESIDENT BOLA TINUBU

Nigeria and China signed several Memoranda of Understanding (MoUs) during President Bola Tinubu's official visit to Chinese President Xi Jinping in Beijing.  
The China Railway Construction Corporation (CRCC) has revealed that the Lagos Blue Line has transported over 1.6 million passengers since it began operations. 
Nigeria has ascended to become the third-largest debtor to the World Bank's International Development Association (IDA) as of June 30, 2024, reflecting a significant increase in the country's borrowing from the institution. 
The Chartered Institute of Directors Nigeria (CIoD) has raised concerns over the newly approved 70% windfall tax on profits from foreign exchange transactions by banks, calling it both ill-timed and excessively high. 
President Bola Tinubu has called for the establishment of direct flights between Nigeria and Brazil as a key step towards strengthening bilateral relations between the two nations.  
The federal government has said it would take all necessary steps to remove Nigeria from the grey list of the global Financial Action Task Force (FATF), before the May 2025 deadline. 
Nigeria has received only about 16% of the total loan approved by the World Bank under the administration of President Bola Tinubu. 
The Director General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has observed that Nigeria’s Gross Domestic Product (GDP) growth rate on average has been steadily declining since 2014, signalling a downturn in the economic well-being of the average Nigerian. 
President Bola Ahmed Tinubu has reportedly accepted the resignation of the Director-General of Nigeria’s National Intelligence Agency (NIA), Ahmed Rufai Abubakar. 
President Bola Tinubu has sworn in Justice Kudirat Kekere-Ekun as the Chief Justice of Nigeria.  
President Bola Tinubu has approved a N10 billion grant to the National Broadcasting Commission (NBC) to drive Nigeria's transition from analogue to digital broadcasting.  
President Bola Tinubu has released an official gazette designating telecom infrastructure as critical national information infrastructure and making it a criminal offence for anyone to willfully destroy such infrastructure in the country.