President Bola Tinubu has urged investors to take advantage of the diverse opportunities in Nigeria. The President made the call while receiving the president of the African Export-Import Bank, Afreximbank, Dr Benedict Oramah and the president of the European Bank for Reconstruction and Development, EBRD, Odile Renaud–Basso, in separate meetings, on the sidelines of the summit for the new global financial pact in Paris. President Tinubu told Oramah that the ongoing reforms of his administration...

The federal government has debunked reports of a 114 percent salary raise for political officeholders and judicial officers. Reports emerged on Wednesday that the Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, reviewed the salaries of elected politicians, including the President, Vice-President, governors, lawmakers as well as judicial and public office holders upward by 114 percent. Confirming the reports, Hassan Mohammed Usman, a federal commissioner of the RMAFC, during an interview with Arise TV on Thursday,...

The Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) has clarified that the 114 per cent upward review in the salaries of President, Vice President, Governors, Lawmakers, Judicial and Public office holders is still a proposal. RMAFC is empowered by sections 84 and 124 of the 1999 constitution as amended to determine the appropriate remuneration for political officeholders including the president, vice president, governors, deputy governors, ministers, commissioners, special advisers, legislators and the holders of the...

…Accuses him of plot to destroy Nigeria’s Secularity The Middle Belt Forum (MBF) has asked security agencies to investigate the former Kaduna State Governor, Nasir El-rufai for plotting to destroy the secularity of Nigeria. The socio-cultural organisation in a press statement signed by its National Publicity Secretary, Dr. Isuwa Dogo stated that El-rufai is a danger to the present and future unity of Nigeria. MBF was reacting to a trending video where the former governor...

Vice-President Kashim Shettima has called for stronger relations between Nigeria and the United Kingdom given the long-standing historical antecedents, business activities and shared interests between the two countries. The Vice-President made the call yesterday during a meeting with the British High Commissioner to Nigeria, Richard Montgomery at the State House, Abuja. In his brief remarks, he advocated for the creation of a bi-national commission to enhance the business relationship between Nigeria and the UK. He...

The federal government has said that the management boards of the National Drug Law Enforcement Agency (NDLEA) and the National Agency for Food and Drug Administration and Control (NAFDAC) are exempted from dissolution. It was earlier reported that President Bola Tinubu, on Monday, approved the immediate dissolution of the governing boards of all federal government parastatals, agencies, institutions and government-owned companies. However, barely 24 hours after announcing the dissolution of the boards, Willie Bassey, the...

President Bola Tinubu has approved the return of the National Emergency Management Agency, NEMA, and the National Hajj Commission of Nigeria, NAHCON, to the Office of the Vice President for supervision. In September 2019, the immediate past Vice President, Yemi Osibanjo was stripped of his supervisory powers over some federal government agencies, including NEMA and NAHCON. Osibanjo was accused of breaching due process in running the affairs of the agencies. Following the removal of the...