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PRESIDENT TINUBU
President Bola Tinubu said the removal of fuel subsidy has helped reduced Nigeria’s petrol daily consumption from several millions of liters to about 30 million liters.
President Bola Tinubu has called on Nigerians to remain patient despite the high cost of living, stating that the country can no longer expect “a free bowl” without addressing its economic challenges.
The Nigerian presidency has announced that President Bola Tinubu will not attend the 79th United Nations General Assembly session in New York, which will be held from September 24 to September 28, 2024.
The Federal High Court in Abuja has granted N10 million bail each to ten protesters accused of intimidating President Bola Tinubu's administration by allegedly attacking government infrastructure, among other charges, bringing the total bail to N100 million.
President Bola Ahmed Tinubu has directed the Ministry of Agriculture to distribute 2.1 million bags of fertilizer to small-scale farmers across the country at no cost to enhance national food security.
The Special Adviser to the President on Information and strategy, Bayo Onanuga, stated that the $6 billion owed to oil traders by the Nigerian National Petroleum Corporation (NNPC) Limited serves as clear proof that President Tinubu was truthful about the removal of the fuel subsidy.
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The chairman of the presidential committee on fiscal policy, Taiwo Oyedele, has revealed that the committee has proposed to the federal government the removal of taxes on food, public transportation, house rents, and other basic necessities critical to the wellbeing of Nigerians.
The National Bureau of Statistics recently reported that Nigeria’s GDP grew by 3.19% year-on-year in real terms in the second quarter of 2024, surpassing the 2.51% growth recorded in the same period of 2023.
The Centre for the Promotion of Private Enterprise (CPPE) has warned that Nigeria risks losing cargo to neighboring countries over a high exchange rate for import duties collection by the Nigerian Customs Service (NCS).
President Bola Tinubu has launched two healthcare initiatives; the NSIA-Healthcare Expansion Programme and a comprehensive retraining program for 120,000 frontline health workers.
The legal team of the Inspector General of Police (IGP) has asked the Federal High Court in Abuja to deny bail to five suspects who allegedly conspired to illegally access JAMB's restricted Central Admission Processing System (CAPS) and e-facility between 2023 and 2024.