TRANSCRIPT: President Tinubu presents 2024 ‘Budget of Renewed Hope’ to National Assembly

President Bola Tinubu, on Wednesday, presented the 2024 national budget of N27 trillion to the legislature for approval. At the presentation before a joint session of the national assembly at the temporary chamber of the House of Representatives, Tinubu said the budget will foster economic growth and create jobs for the country’s teeming youth population. The President dubbed the budget, ‘The Budget of Renewed Hope.’ Read below the transcript of President Bola Tinubu’s presentation speech....

Governor Zulum: Over 160,000 terrorists have surrendered

Governor Babagana Zulum of Boko Haram-ravaged Borno State has said that about 160,000 terrorists in the State and other Northeast States have laid down their arms. “Generally, the security situation in Borno state has improved significantly,” the Governor told a delegation of the Minister of Defence, Mohammed Badaru and the Minister of Defence (State), Alhaji Bello Matawalle at the Government House in Maiduguri on Tuesday. The Chief of Defence Staff, General Christopher Musa as well...

Boko Haram terrorists butcher 11 labourers in Borno

A gang of marauding Boko Haram insurgents who rode on camels killed and decapitated about eleven woodcutters in Bale, a remote village in Damboa County of Borno State last Sunday. According to a source, the killers surrounded the site where the labourers worked. Pleas by the workers for their lives to be spared fell on deaf ears. “We do not think any of them survived the attack. Their bodies were badly dismembered, and we found...

Chief Justice of Nigeria, Olukayode Ariwoola preaches impartiality to judges

The Chief Justice of Nigeria, CJN, Olukayode Ariwoola, has urged judges to always be impartial and fair in their dealings with Nigerians. The CJN said that “impartiality is the hallmark of a judge.” Justice Ariwoola affirmed his commitment to upholding an impartial and independent judiciary during his tenure. “As the Chief Justice of Nigeria, I will do everything within my ability to make it remain part of my responsibility to nourish,” he assured on Monday...

President Tinubu to present 2024 budget, Wednesday

President Bola Tinubu is set to present before the National Assembly, the 2024 budget on Wednesday Birma Shuaibu Maina, Secretary, Human Resources and Staff Development in the office of the Clerk of the National Assembly, in a notice on Monday stated that the presentation shall take place before a joint session of the Senate and House of Representatives. Recall that the Senate and House of Representatives approved the 2024-2026 Medium Term Expenditure Framework (MTEF) and...

Dangote refinery to begins operations in December

Africa’s giant oil refinery located at the Lekki area of Nigeria’s commercial hub, Lagos will begin operations in December, Aliko Dangote, Africa’s wealthiest man, told Financial Times on Saturday. The plant, Dangote said, will take delivery of six million barrels of crude oil from the Nigerian National Petroleum Company Limited, NNPCL, and will start with the processing of 350,000 barrels per day. The US$19 billion (N15,236,480,000,000) facility, which is not yet operational, can produce about...

Gov. Mbah Keeps His Campaign Promise, Commission Ultra-Modern Water Scheme In 9th Mile Enugu

Keeping up with the campaign promise to residents, the Enugu state Governor, Dr. Peter Ndubuisi Mbah has commissioned an ultra-modern water scheme at 9th Mile 180 days after his swearing-in into office. Speaking at the commissioning ground, Dr. Mbah stated that the ultra-modern water scheme has the capacity to deliver 70 million litres of potable water daily to the city, however in a few weeks, new pumps will also be commissioned in Oji water scheme...

FCT Minister, Wike plans to kick Keke drivers out of Abuja

In about a month, keke, the Nigerian-speak for tricycle, would no longer ply the road of the Federal Capital Territory, Nyesom Wike, the Minister of the Federal Capital Territory, FCT, has said. Wike said instead of tricycles, there would be buses and taxis for public transportation to combat the high rate of “one chance” crimes. ‘I assure you that once the buses and taxis are on the road, the problem of “one chance” will be...

NNPCL: Nigeria will be net exporter of petrol in 2024; no more importation

The Nigerian National Petroleum Company Limited, NNPCL, expects to cease the importation of refined petroleum products by December 2024. The oil firm is also working towards making Nigeria a net exporter of refined petroleum products by the same deadline. “We will no longer be talking about fuel importation by the end of 2024. I am very optimistic that this will crystallize,” the Group Chief Officer of the NNPCL, Mele Kyari said on Thursday at a...

Niger’s military government seeks suspension of sanctions by ECOWAS

Niger’s junta has dragged the Nigerian government and Economic Community of West African States, ECOWAS, to court, seeking the relaxation of the harsh sanctions imposed on the country following the late July coup that led to the overthrow of President Mohamed Bazoum. Younkaila Yaye, one of the military government attorneys, at the proceeding in Abuja on Monday, said the country is in the grip of economic depression. Businesses are shutting down because of rising costs,...

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