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110 results found Finance

DailyNews

@PostedNG News

STATEHOUSE PRESS RELEASE Tinubu's foresight: How his policy of naira-for-crude guarantees fuel supply security in Nigeria By Temitope Ajayi President Bola Tinubu demonstrated foresight in July 2024, when he approved the use of the naira as the payment currency for crude oil supplied by the NNPC to the Dangote Refinery. Since the launch of the naira-for-crude initiative on October 1, 2024, Nigeria has experienced a strategic breakthrough amid the ongoing economic turmoil resulting from the Iran-Israel-US conflict in the Middle East. Since its inception, the technical committee on nai... View full post

3372

16 days ago

NG_Gov

@NG_Gov News

PRESIDENT TINUBU BEGINS HISTORIC STATE VISIT TO THE UNITED KINGDOM TOMORROW President Bola Tinubu begins a historic state visit to the United Kingdom on Tuesday to be accompanied by the First Lady, Senator Oluremi Tinubu. They are expected to depart Abuja on Tuesday, March 17th for the United Kingdom as guests of Their Majesties King Charles III and Queen Camilla. A statement by Bayo Onanuga Special Adviser to the President, Information & Strategy indicates King Charles will host President Tinubu and his wife at Windsor Castle from Wednesday, March 18th to Thursday, March 19th 2026. ... View full post

703

1 month ago

DailyNews

@PostedNG News

Nigeria's New Finance Minister Urges Lawmakers to Spend Subsidy Savings on Roads, Health, and Schools The Senate approved Oyedele as Minister of State for Finance after he outlined Nigeria's fiscal woes, including low per capita revenue and heavy debt servicing that eats into subsidy savings of over N10 trillion annually. He called for channeling those funds into priorities like farm-to-market roads and health centers, plus refinancing $18.5 billion in Eurobonds to cut costs and boost productive spending. Listeners praised his sharp grasp of budgets and reforms, though skeptics demand proo... View full post

1103

1 month ago

NG_Gov

@NG_Gov News

STATEHOUSE PRESS RELEASE President Tinubu nominates Lamido Abubakar Yuguda as CBN Deputy Governor President Bola Ahmed Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria, subject to confirmation by the Senate. The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act, 2007. Yuguda’s nomination follows the recent appointment of the erstwhile Deputy Governor, Mr Bala Bello, as Special Adviser to the President on Political Economy. The President charges them to discharge their responsibilit... View full post

932

1 month ago

NG_Gov

@NG_Gov News

IGP APPOINTS DCP ANTHONY OKON PLACID AS FORCE PUBLIC RELATIONS OFFICER The Inspector-General of Police, IGP Olatunji Rilwan Disu, psc(+), NPM has approved the appointment of DCP Anthony Okon Placid, psc(+), mni as the new Force Public Relations Officer (FPRO). DCP Placid, psc (+), mni, is a seasoned officer of the Nigeria Police Force with extensive experience in administration, operations, intelligence, training, and international peacekeeping. Born on 2 December 1970 in Uyo, Akwa Ibom State, he hails from Mbiokporo Nsit, Nsit Ibom Local Government Area of Akwa Ibom State He ho... View full post

564

1 month ago

DailyNews

@PostedNG News

We are #PwCProud to celebrate our alumnus, Taiwo Oyedele @taiwoyedele , on his nomination by President Bola Ahmed Tinubu as Honourable Minister of State for Finance of the Federal Republic of Nigeria. We wish him every success in this national assignment. #CelebratingOurOwn

185

1 month ago

DailyNews

@PostedNG News

TOWARDS OPTIMISING THE POWER SECTOR, PRESIDENT TINUBU INAUGURATES COMMITTEE ON GRID ASSET MANAGEMENT COMPANY(GAMCO). President Bola Tinubu on Friday constituted an 11-member committee to ensure the smooth sailing incorporation of the Grid Asset Management Company Limited (GAMCO). The committee's constitution followed the Federal Executive Council's approval of the company's establishment at its Wednesday meeting. In proposing GAMCO, President Tinubu hopes to fast-track a quick-fix solution to the endemic problems of stranded power, grid management and transmission in the country's ele... View full post

148

1 month ago

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