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PRESIDENT BOLA TINUBU
The Nigerian stock market has seen a significant rally in the first half of 2023, with the All-Share Index (ASI) crossing 60,000 index points.
A former Governor of Lagos, Akinwunmi Ambode, has joined his predecessor, Babatunde Fashola, and his successor, Babajide Sanwo-Olu, at a reception organized by the Lagos State Government in honour of President Bola Tinubu in Lagos.
The World Bank has said that Nigeria is projected to save up to $5.1 billion (N3.9 trillion) in 2023 alone after the removal of fuel subsidy and reforms of its foreign exchange market.
President Bola Tinubu, on Tuesday, arrived at the Murtala Muhammed International Airport in Lagos from his trips to London, United Kingdom and Paris, France, where he attended the Global Financial Pact summit.
Garba Shehu said that they petrol subsidy removal and unification of the exchange rates were put on hold for a better time, noting that various polls showed that President Bola Tinubu would have lost the 2023 election if the 2 critical policies were implemented.
President Bola Tinubu is expected to return back to the country on Tuesday, June 27, from London, a day before the Sallah celebrations.
President Bola Tinubu has revealed that the fuel subsidy removal was initially not part of his inaugural speech as it was excluded by his Special Advisers, Wale Edun and Dele Alake, but he felt he had to stop it on the first day in office.
President Bola Ahmed Tinubu has departed Paris, France, where he took part in the summit for ‘A New Global Financing Pact’, for London, United Kingdom (UK) for a short private visit.
The presidency has said that President Bola Ahmed Tinubu has not approved salary review for elected politicians and judicial officers.
President Tinubu visits France to network with international finance corporations, investors, and leaders of developed countries.
Security experts have welcomed the appointment of new security chiefs by President Bola Tinubu, who have held security offices in the past.
SSANIP has called on the administration of President Tinubu to address the issue of segregation between holders of HND and BSc degrees.