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Africa & World

New Year: Tinubu sends symbolic floral basket to North Korea’s leader Kim Jong Un

by Folarin Kehinde January 1, 2025
written by Folarin Kehinde

In celebration of the New Year, Nigerian President Bola Ahmed Tinubu has extended a gesture of goodwill to North Korea’s leader, Kim Jong Un.

On December 30, 2024, a floral basket was delivered on behalf of President Tinubu by the charge d’affaires ad interim of the Nigerian embassy in Pyongyang.

KCNA reports that the symbolic gesture marks the ongoing diplomatic relationship between Nigeria and North Korea, with the floral basket representing the President’s warm New Year wishes for Kim Jong Un.

Additionally, Kim Jong Un received congratulatory letters from both the Nicaraguan ambassador and the Nigerian charge d’affaires.

January 1, 2025 0 comments
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Tinubu reveals 3 things he plans to launch in first quarter of 2025

by Folarin Kehinde January 1, 2025
written by Folarin Kehinde

President Bola Tinubu on Wednesday, January, 1, 2025, said he would launch three different initiatives this year.

The president made the disclosure while addressing Nigerians in his New Year’s Day broadcast.

Tinubu said he plans to unveil the National Values Charter, launch the National Orientation Campaign and the Youth Confab.

His words, “I will unveil the National Values Charter, already approved by the Federal Executive Council, in the first quarter of 2025.

“I will launch an ambitious national orientation campaign that fosters patriotism and love for our country and inspires citizens to rally together,” he said.

According to the president, the National Values Charter will promote mutual commitments between the government and citizens.

The charter would also foster trust and cooperation among our diverse population and between the government and the citizens.

He also stated that the Youth Confab will begin in the first quarter of 2025.

This initiative, Tinubu said is a testament to his administration’s commitment to youth inclusiveness and investment as top-tier nation-builders.

“The Ministry of Youth will soon announce the modalities for selecting the conference’s representatives from our diverse, youthful population,” he said.

January 1, 2025 0 comments
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Bola Tinubu rank 3rd most corrupt President Globally

by Folarin Kehinde December 31, 2024
written by Folarin Kehinde

President Bola Tinubu has been ranked among the world’s most corrupt leaders.

This is according to a ranking released by the Organized Crime and Corruption Reporting Project (OCCRP).

The award comes after a global poll that sought to spotlight individuals notorious for promoting corruption and criminal activities.

According to the OCCRP, Tinubu came third in the poll, following Kenyan President William Ruto and former Indonesian President Joko Widodo. However, the overall “Person of the Year” title was awarded to Bashar al-Assad, the recently ousted leader of Syria.

Tinubu’s alleged role in entrenching a regime of corruption in Nigeria earned him this dubious distinction. His eight-year tenure as governor of Lagos, from 1999 to 2007, was marred by allegations of corruption and amassing wealth for himself and his family.

The recent controversy surrounding the award of a multitrillion-naira road project to a company run by his son has only added to the reputation that handed the Nigerian leader the award.

Tinubu’s alleged history as a cocaine dealer in Chicago and allegations of certificate forgery have also been cited as reasons for his inclusion in the OCCRP ranking.

December 31, 2024 0 comments
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Switch Off Your Light To Manage Electricity Bill, Tinubu Advises Nigerians

by Folarin Kehinde December 24, 2024
written by Folarin Kehinde

President Bola Tinubu has advised Nigerians to step up their management skill in reducing electricity bills.

“It’s not negative to learn to manage. You learn to control your electricity bill, switch off the light, let’s learn to manage,” Tinubu said on Monday in a chat with reporters at his Bourdillon residence in the highbrow Ikoyi area of Lagos State.

The All Progressives Congress (APC) chieftain also said he does not believe in price control and he won’t go that path. “I don’t believe in price control, we will work hard to supply the market,” he said.

After his inauguration in May 2023, Tinubu, former Lagos governor, energy costs skyrocketed, especially with the removal of petrol subsidy and electricity tariff hikes. Petrol prices more than quadrupled, soaring from less than N200 per litre to over N1,100 in many parts of the country. The naira also took a nosedive, wobbling from around N700/$ to N1,600.

On April 3, 2024, the electricity regulator raised the tariff for customers said to be under the Band A classification, with customers now paying N225 kilowatt per hour from N66, a development that has been heavily criticised by many Nigerians, considering the immediacy of the tariff hike and the current hardship in the land.

Food and commodity inflation have skyrocketed as Nigerians battle what can pass for the worst cost of living crisis since the country’s independence over six decades ago but Tinubu has insisted that his reforms are necessary to set the country on the path of prosperity.

December 24, 2024 0 comments
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President Tinubu wins 2024 Man of the Year award

by Folarin Kehinde December 22, 2024
written by Folarin Kehinde

President Bola Ahmed Adekunle Tinubu has been named as The Will newspaper’s choice for 2024 Man of the Year.

The newspaper stated that the decision to honour President Tinubu was unanimous among its editorial team.

According to them, the president’s reform policies over the past year have profoundly impacted Nigerians in ways unseen in recent history.

The newspaper wrote in its editorial: “President Tinubu’s reform policies in the past one year have significantly impacted every Nigerian negatively, old or young in business, employed or unemployed as never before in the country’s recent history.

“Government’s removal of subsidy and floating of the local currency, the Naira delivered a big blow to the already fragile economy as the resultant increase in fuel prices drove logistics and the prices of food items through the roof.

“Nigeria’s annual inflation rate jumped to 34.60 percent in November, from 33.88 percent recorded in October, the National Bureau of Statistics (NBS) said in its latest Consumer Price Index (CPI) report last Monday.

“According to the Bureau, on a year-on-year basis, the headline inflation rate was 6.40 percentage points higher than the 28.20 percent rate recorded in November 2023.

“This shows that the year-on-year headline inflation rate increased in November 2024, compared to the same month in the preceding year of November 2023.

For the yearly average Consumer Price Index, CPI, the result shows an increase. It said the percentage change in the average CPI for the twelve months ending November 2024 over the average for the previous twelve-month period was 32.77 percent, showing 8.76 per cent points increase, compared to 24.01 per cent recorded in November 2023. The yearly Urban/ Rural inflation rate is also high.

“In November 2024, the urban inflation rate was 35.07 percent, indicating 9.62 percentage points higher compared to the 25.45 percent recorded in November 2023. Rural inflation rate average in November 2024 was 30.71 percent on a year-on-year basis. This was 8.00 percentage points higher, compared to the 22.71 percent recorded in November 2023.

According to the Bureau, the rise in food inflation on a year-on-year basis was caused by increases in prices of Yam, Water Yam, Coco Yam, etc (Potatoes, Yam & Other Tubers Class), Guinea Corn, Maize Grains, Rice, etc (Bread and Cereals Class), Beer, Pinto (Tobacco Class), and Palm Oil, Vegetable Oil, etc (Oil and Fats Class).

“On a month-on-month basis, the Food inflation rate in November 2024 was 2.98 percent, which shows a 0.05 percentage point increase compared to the 2.94 percent recorded in October 2024.

For the past one year, therefore, Nigerians across all social strata, business and professional calling, have felt the pain and hardship of the ongoing reforms.

“Little wonder, many of them took to social media to deploy the moniker T-Pain (Tinubu Pain) in describing the harsh realities of government’s reform policies, though his media handlers rechristened it Temporary Pain while National Security Adviser, Nuhu Ribadu, says it should actually be T-Gain (Tinubu Gains).”

December 22, 2024 0 comments
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Yuletide: Tinubu approves nationwide free train rides for two weeks

by Folarin Kehinde December 16, 2024
written by Folarin Kehinde

President Bola Tinubu has approved free train rides nationwide from December 20, 2024, to January 5, 2025.

This is part of measures to ease transportation costs during the Christmas and New Year celebrations, the Minister of Information and National Orientation, Mohammed Idris, told State House correspondents in Abuja.

Idris explained, “As we did last year, there will be free train service to all Nigerians from December 20 up until January 5, free train service nationwide.

“This is consistent with the President’s desire to cushion the effect of transportation, especially to the most vulnerable Nigerians.

“Recall that this also happened in the last Christmas period and the Sallah period. And the President has also approved that this year.”

December 16, 2024 0 comments
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BREAKING: Tinubu hosts German President Steinmeier at the Villa

by Folarin Kehinde December 11, 2024
written by Folarin Kehinde

President Bola Ahmed Tinubu is currently meeting with the German President, Frank-Walter Steinmeier, who is in Nigeria on a three-day state visit.

President Steinmeier arrived the Forecourt of the State House, Abuja, at 11:06am and was recieved by President Tinubu and members of the Executive Council.

On arrival, the German Leader was welcomed with the German Anthem, Deutschland über alles, afterwards the guards of honour mounted by Brigade of guards rendered the Nigerian Anthem and led the visiting leader in inspection of the guard.

Steinmeier was also welcomed with 21 gun salutes by the Brigade of Guards.

A statement by the German Embassy on Monday disclosed that while in Nigeria, President Steinmeier will meet with President Tinubu as well as with the President of the Commission of Economic Community of West African States (ECOWAS), His Excellency Dr. Alieu Omar Touray.

The German President will then proceed to Lagos, where he will engage with business representatives, visit a start-up hub and meet with members of Nigeria’s culture sector and civil society.

Steinmeier will further meet with Dr. Nike Okundaye, popularly known as Mama Nike, of the Nike Art Gallery, and the legendary author and Nobel Laureate for Literature, Prof. Wole Soyinka.

Following the visit of German Chancellor Olaf Scholz to Nigeria in October 2023 and the visit of the Nigerian Leader, President Tinubu, to Germany in November 2023, President Steinmeier’s visit to Nigeria is the third exchange between both countries on the level of head of state and government since President Tinubu’s inauguration.

December 11, 2024 0 comments
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JUST IN: Ohanaeze Ndigbo supports Tinubu’s tax reforms bill

by Folarin Kehinde December 2, 2024
written by Folarin Kehinde

Ohanaeze Ndigbo, the apex socio-cultural organization representing the Igbo people, has expressed its unequivocal endorsement of President Bola Ahmed Tinubu’s proposed Tax reform bills.

The group lauded the reforms for their potential to revolutionize Nigeria’s economic framework, particularly benefiting Small and Medium Enterprises (SMEs) and workers, while addressing the long-standing issue of double taxation.

In a statement on Sunday, December 1, 2024, signed by its Secretary General, Mazi Okechukwu Isiguzoro, Ohanaeze described the reforms as a vital step toward equitable economic growth.

“These tax reforms represent a transformative opportunity for the rejuvenation of SMEs and the enhancement of Nigerian workers’ fortunes.

“By eliminating the scourge of double taxation imposed by unscrupulous state governors, these reforms will create an equitable business climate that significantly boosts both local and foreign investments,” the group stated.

The group stated that the Igbo community, known for its entrepreneurial spirit, stands to benefit immensely from the proposed measures, which are expected to bolster private sector growth and foster a fairer regulatory environment.

Ohanaeze urged Southern Federal lawmakers to put aside partisan differences and ensure the smooth passage of the reforms in the National Assembly.

“It is imperative that our Southern legislators close ranks, transcending partisan divides, to ensure that the Tax Reforms Bills navigate both chambers of the National Assembly successfully,” the statement emphasized.

The organization expressed disappointment at opposition to the reforms from some Northern governors and lawmakers, attributing it to an attempt to maintain the status quo in VAT derivation principles, which they argue favours select interests.

“If the Northern political elites succeed in thwarting President Tinubu’s initiatives, it could set a dangerous precedent, fostering resistance against meaningful reform,” Ohanaeze warned.

Ohanaeze reiterated its solidarity with the Tinubu administration, citing its previous decision to abstain from nationwide protests as a gesture of cooperation.

“The promise of a prosperous and just Nigeria is within our reach, but it demands our collective resolve to advocate for transparency, equity, and sustainable economic growth,” the group concluded.

December 2, 2024 0 comments
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Business

‘Nigeria Is Open For Business,’ Tinubu Woos French Investors

by Folarin Kehinde November 28, 2024
written by Folarin Kehinde

President Bola Tinubu has told French investors that the country is open for business, saying his government is creating an enabling environment for them to thrive.

Tinubu said this on Thursday during a joint briefing with the French President Emmanuel Macron at the Elysee Palace.

“We’ve been working on stabilizing the security system in Nigeria and we are getting closer and closer,” Tinubu said. “We are doing better now in the area of security. I can assure all the investors that Nigeria is open for business.”

“We assure you of a free market economy; easy in, easy out; no hindrance,” Tinubu said.

The Nigerian president underscored his country’s youth who are skilled, educated, and ready to be trained as part of the reasons French investors should look towards the West African nation.

“We have a vibrant youth population that is well educated, skilled, and ready to be trained for the development of our economy,” Tinubu who is on a three-day visit to France told the gathering.

“This, I will emphasize, is why we need the French experts and investors to do more in this area to help develop our youth population.”

He said Nigeria is working on diversifying its economy away from fossil fuels and believes France can play a key role in that move.

“We have the potential to diversify our economy from fossil fuels,” he said.

November 28, 2024 0 comments
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Tinubu, wife touch down Paris on Wednesday

by Folarin Kehinde November 27, 2024
written by Folarin Kehinde

President Bola Ahmed Tinubu and his wife arrived in Paris on Wednesday at 5:10 PM local time for a scheduled state visit.

The presidential aircraft landed at Charles de Gaulle Airport and was escorted to a designated area where the President would be greeted with a formal military reception.

This visit marks a significant diplomatic event for Nigeria, highlighting President Tinubu’s ongoing efforts to strengthen international relations and further Nigeria’s global partnerships.

The state visit is expected to involve key discussions on bilateral ties, economic cooperation, and regional security, among other pressing issues.

According to Bayo Onanuga, President Tinubu’s Special Adviser on Information and Strategy, the visit sets the stage for important engagements that will benefit both nations.

The state visit underscores the importance of Nigeria’s relationship with France and will further foster diplomatic and economic growth,” Onanuga said.

As the first official engagement of the visit, the military reception serves as a formal welcome to President Tinubu and a display of the strong ties between Nigeria and France.

Further activities are expected to unfold throughout the visit, with both leaders engaging in high-level discussions to chart the way forward for deeper collaboration.

November 27, 2024 0 comments
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