The Senate on Thursday, November 21, approved President Bola Ahmed Tinubuās request for a new eternal borrowing of N1,767,610,321,779.00 or (USD2.209billion in the 2024 Appropriation Act. The resolution of the Senate followed its consideration of the report of the Senate Committee on Local and Foreign Debt and the approval of its recommendations by the Senate…
Segun Sowunmi, a key figure in the Peoples Democratic Party (PDP), has accused President Bola Tinubu of exacerbating the internal conflicts plaguing the opposition party. In an interview on Channels Televisionās Politics Today on Wednesday, Sowunmi stated that the crisis within the PDP stems directly from Tinubuās actions, particularly his decision to appoint former Rivers…
President Bola Ahmed Tinubu has approved the dissolution of the Governing Council of Nnamdi Azikiwe University, Awka, (UNIZIK) and the removal of the newly appointed Vice-Chancellor, Prof. Bernard Ifeanyi Odoh, along with the Registrar, Mrs. Rosemary Ifeoma Nwokike. A statement issued by the special adviser to be the president on information and strategy, Bayo Onanuga,…
President Bola Ahmed Tinubu has urged the Senate to approve the National Social Investment Programme Agency Establishment Amendment Bill 2024. The bill, forwarded on Tuesday, seeks to overhaul the social welfare framework by designating the National Investment Register as the primary tool for identifying beneficiaries. In his correspondence to Senate President Godswill Akpabio and House…
President Bola Tinubu has written to the National Assembly, seeking approval for a fresh N1.767 trillion external borrowing plan to part-finance the budget deficit of N9.7 trillion for the 2024 budget. The Nigeriaās growing foreign debt obligations have been of concern lately, and this has been exacerbated by the liberalization of exchange rates, making loan…
President Bola Tinubu has addressed world leaders at the ongoing 19th Heads of State and Government Summit of the Group of 20 (G20) in Rio de Janeiro, Brazil. The President of Brazil, Lula da Silva, is hosting the 2024 G20 summit, having held the groupās rotating presidency since December 21, 2023. His tenure ends on…
Just hours after Daniel Bwala announced himself as the official spokesperson for President Bola Tinubu, the presidency made adjustments to his role. During his initial briefing at the State House in Abuja, Bwala informed journalists that he would serve as the presidentās primary spokesperson. However, a few hours later, Bayo Onanuga, Special Adviser on Information…
GISTSMATE MEDIA reports that President Bola Tinubu has relieved the Executive Secretary, Pension Transitional Arrangement Directorate, Dr Chioma Ejikeme of her duties 13 months after reappointment for another four years in office. In a statement issued on Monday by the Head, Corporate Communications Unit of PTAD, Olugbenga Ajayi, the President announced that Tolulope Odunaiya has…
The Special Adviser to President Bola Tinubu on Public Communication and Orientation, Sunday Dare, has lambasted former president, Olusegun Obasanjo. Dare in a statement on his X Platform, formerly (Twitter), described Obasanjoās regime as the most corrupt government in the history of Nigeria. He said that Obasanjo has no moral right to condemn any government,…
Organised Labour, a weekend in Ibadan, Oyo State, urged President Bola Tinubu to reverse the floating of the national currency and energy cost to lessen the hardship across the country. Under the aegis of the National Union of Shop and Distributive Employees, NUSDE, Organised Labour noted that Nigerians and businesses are passing through very difficult…