The presidential candidate of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu has presented Senator Teslim Kolawole Folarin to the people of Oyo State as the gubernatorial candidate of the APC. Tinubu presented Folarin to the electorate on Thursday in Ibadan at an APC rally. There had been speculations …
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FG Wants Tinubu To Lose Presidential Election Says El-Rufai
The Kaduna State Governor, Nasir El-Rufai, on Thursday described the current scarcity of naira notes as part of an alleged plot to disrupt the forthcoming general elections to ensure an interim government takes over. The governor made the allegation in a state broadcast. He alleged that …
Read More »Naira Redesign: 2.1trn Hoarded Banknotes Retrieved – Buhari
President Muhammadu Buhari has revealed the amount of naira his administration has retrieved since the commencement of the naira redesign policy by the Central Bank of Nigeria (CBN). According to Buhari, about N2.1 trillion out of the banknotes initially held outside the banking system had been successfully retrieved since the …
Read More »Full Text Of Buhari’s Address To Nigerians Over Naira Scarcity
President Muhammadu Buhari, on Thursday, approved the restoration of the old N200 notes as legal tender. Buhari, who spoke on many issues, empathised with Nigerians on the difficulties they are experiencing as a result of the ongoing cash crunch – a fallout of the Naira redesign policy. Buhari also said …
Read More »Naira Redesign: Old N200 Still Legal Tender, N500, N1000 No Longer In Use – Buhari
President Muhammadu Buhari has approved the restoration of the old N200 notes as legal tender. He made this announcement in a national broadcast on Thursday morning. “I have approved to the CBN that the old N200 note be allowed along with the new N200 notes for 60 days from February …
Read More »Why We Settled For Redesign Of New Naira Notes – Buhari
President Muhammadu Buhari, Thursday morning, briefed Nigerians on why his administration decided on the naira redesign policy, especially N200, N500 and N1000 notes. Buhari said the need to fight corruption and insecurity headlong, including controlling inflationary trend partly necessitated the decision to redesign the currency denominations mentioned above. The President, …
Read More »FEC Okays Electronic Cargo-Tracking Device For Port Operation
The Federal Executive Council meeting presided over by President Muhammadu Buhari, on Wednesday, ratified a resolution to procure electronic cargo tracking devices for port operations in the country. As the meeting chaired by President Muhammadu Buhari, the cabinet members deliberated on the memo presented by the Minister of Transportation, Mu’azu …
Read More »Buhari Signs Defence Research Bill, Three Others Into Law
Defence Research and Development Bureau Bill, 2022 passed by the National Assembly has been signed into law. This was contained in a statement by Senior Special Assistant to the President on National Assembly Matters (Senate) Babajide Omoworare, on Wednesday in Abuja. Other bills signed by the President are National Commission …
Read More »FG Abandoned Nigerians Trained To Build Satellite – Obasanjo
Former President, Olusegun Obasanjo has blamed government’s policy somersault in the last 15 years for Nigeria’s inability to produce its own satellite. Obasanjo stated that without committed efforts and a custom blueprint, advancement in the country’s technological drive would continue to be a mirage. The former Head of State spoke …
Read More »President Buhari Signs NIHOTOUR Establishment Bill Into Law
President Muhammadu Buhari has signed the Establishment Bill of the National Institute for Hospitality and Tourism, NIHOTOUR, into law. This is contained in a statement by Mr Joesef Karim, Special Assistant (Technical) to the Director General of NIHOTOUR, Alhaji Sani Kangiwa, and issued to the News Agency of Nigeria on …
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