Tag: Bola Tinubu
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President Bola Tinubu while addressing The Buhari Organisation (TBO) led by Senator Tanko Al-Makura at the State House, Abuja has announced that his administration met its 2025 revenue target through the non-oil sector by August, emphasizing that Nigeria no longer borrows from local banks. While he highlighted economic stabilization, with the exchange rate improving from N1900 to…
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President Bola Tinubu has implemented a 6-month temporary ban on raw shea nut exports to promote local processing and strengthen Nigeria’s shea industry, aiming to generate $300 million annually in the short term. Announced by Vice President Kashim Shettima, the policy focuses on value addition, job creation, and rural transformation, particularly empowering women. The ban,…
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President Bola Tinubu has officially abolished the 5% excise duty on telecommunications services, aimed at alleviating financial burdens on consumers and the digital economy. The move was confirmed by NCC Executive Vice-Chairman Aminu Maida, who stated that the duty, initially suspended in 2023, has now been permanently removed under revised tax laws. The duty had…
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President Bola Tinubu has officially abolished the 5% excise duty on telecommunications services, aimed at alleviating financial burdens on consumers and the digital economy. The move was confirmed by NCC Executive Vice-Chairman Aminu Maida, who stated that the duty, initially suspended in 2023, has now been permanently removed under revised tax laws. The duty…
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President Bola Tinubu has honored Nigeria’s women’s basketball team, D’Tigress, for their fifth consecutive AfroBasket title win (78–64 against Mali) with $100,000 for each player, $50,000 for each of the 11 coaching and technical staff, and a three-bedroom flat at the Renewed Hope Estate for all team members and staff. They were also conferred the…
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President Bola Tinubu has approved the appointment of Muhammad Babangida, son of former military President, as chairman of the revamped Bank of Agriculture. The appointment, along with six others, was announced today, Friday and includes leaders for various federal agencies. Babangida, 53, holds degrees from European University in Switzerland and has attended Harvard Business School’s…
