Index to Nigerian Newspapers

President Bola Tinubu declared that Nigeria was prepared to receive foreign investors and was open for business. In a press release, Special Adviser urged investors to seize possibilities in Nigeria as a result of ongoing reforms, beginning with the elimination of fuel subsidies and simplification of the currency rate. able to accept investments and host separate meetings. He continued, "We need reforms for national survival," pointing out that repositioning the economy will require audacity and bravery and urging greater cooperation. Nigeria is endowed with material and people resources, according to those who previously enumerated initiatives needed to strengthen the economy. In the discussion with the EBRD, it was said that "We are challenged in terms of reforms, We are committed to facilitating business activity in the economy.Neglecting Nigeria will endanger the entire universe. after taking into account six possible investment economies. She clarified that the private sector would be the main focus.

The nation’s capital, Abuja, is agog as President Bola Tinubu inaugurates the minister-designate who would constitute the Federal Executive Council (FEC) today.  

In a statement by Director of Information, Office of the Secretary to the Government of the Federation, Willie Bassey, the process was seamless as each of them took less than 10 minutes to conclude the process.

He also said invitation cards for the three guests per minister-designate were successfully handed over to each them for onward delivery to their invited guests.  

Bassey also said arrangements have been concluded to convey the ministers-designate from the Office of the Secretary to the Government of the Federation to the venue of swearing-in ceremony.

He said: “We can authoritatively inform our colleagues (journalists) that as the documentation winds down today, so far we have successfully documented over 40 Ministers-Designate.

“The process was seamless as there were four registration points and it took the Ministers less than 10 minutes to complete the process.

Governors of the 36 states of the Federation under the aegis of Nigeria Governors Forum, have thrown their weight behind President Bola Tinubu’s decision to end fuel subsidy payments in the country and other early policy initiatives of the administration.

According to a statement issued by Director of Information in the State House, Abiodun Oladunjoye, the governors took turns to speak when President Tinubu hosted members of the Forum, led by its chairman, and Governor of Kwara State, AbdulRahman AbdulRazaq, at the State House. They expressed happiness with the President’s subsidy-removal decision, all-inclusive leadership and statesmanship.

Godswill Akpabio and Tajudeen Abass, anointed candidates of the All Progressives Congress (APC), have emerged as presiding officers of the Senate and House of Representationves, respectively. Akpabio defeated Abdulaziz Yari by 63 to 45 votes, while Abass garnered 352 votes. Yari's nomination was deemed unconstitutional by Tahir Mungono, who ruled him out of order. The Deputy Senate President, David Umahi, nominated Jibrin Barau, who was elected unopposed. Akpabio pledged to uphold the Senate's independence and maintain its independence. He emphasized the importance of the 10th assembly for Nigeria and Nigerians, focusing on key priority areas such as oversight, infrastructure, economy, security, and good working relationships with the Executive. He called for a united Senate and emphasized the need for foreign direct investment, empowerment for persons with disabilities, and improved revenue streams. The senate is committed to addressing Nigeria's challenges and ensuring a strong, united government.

President Bola Tinubu has  challenged Nigerians to be prepared to pay more tax as he expressed his administration’s commitment to break the cycle of over-reliance on borrowing for public spending that results in burden of debt servicing. 

Inaugurating the Presidential Committee on Fiscal Policy and Tax Reforms (PCFPTR) in Abuja, he charged the committee to improve the country’s revenue profile and business environment.

A key target set by the Federal Government is to achieve an 18 per cent Tax-to-GDP ratio within three years. 

He directed all government ministries and departments to cooperate fully with the committee towards achieving its mandate.

Tinubu said the committee has the responsibility of assisting the administration in meeting the high expectations of citizens to make their lives better. The birth of the committee is in tandem with President Tinubu’s commitment to eliminating obstacles that hinder business growth in Nigeria. The committee, constituted on July 7 is led by Taiwo Oyedele, a seasoned expert in fiscal policy and taxation from Price Waterhouse Coopers (PwC).

President Bola Tinubu has described as unacceptable the attempted coup in Niger Republic on monday morning by yet to be identified military men . presidential guards, yesterday, held prersident mohamed Bazoum inside his palace in capital Namely , but the presidency said the guards had started an ''anti-republic'' movement  ''in vain '' and that Bazoum was well. In a statement, the Benin presidency said the national army was ready to attack them if they did not come to their senses.The statement followed reports that presidential guards had cut access to the presidential palace and blocked Bazoums' inside raising concern West Africas'' sixth coup since 2020 could be under way. Reacting, Tinubu said in a statement thatthe leadership of ECOWAS would  not tolerate any situation that incapcities te democratically-elected government. The countrys' last occurted in feburary 2010, overthrowing then president Mamodou Tandja, However, there was an attemted putsch on March 31, 2021 just two days before Bazoums' inauguration, according  to security source at the time several people were arrested, including the suspected ringleader, an Airforce captain named sani Gourouza. He was arrested in neighbouring Benin and handed over to the Niger autorities.

 

 

 

President Bola Tinubu has read the riot act to security chiefs, warning that a situation where security agencies work at cross purposes will no longer be tolerated. In his first meeting with security chiefs, Tinubu stated that he would no longer accept a situation where the nation's fortunes keep declining. He emphasized the need for national security to be coordinated and a clearing house going forward. National Security Adviser Major Gen. Babagana Mungonu mandated security agencies to come up with a blueprint, stating that he doesn't have the luxury of time and that changes must be made as soon as possible. The meeting lasted two hours and focused on prevailing issues in security and Tinubu's philosophy towards dealing with national security issues.He emphasized the importance of coordination, frequent consultations, and timely reports for security agencies. Tinubu also praised the sacrifices and loyalty of the armed forces, intelligence agencies, and paramilitary agencies for their work in defending the country from terrorism, insurgency banditry, oil theft, sea robbery, and piracy. He emphasized the need for security agencies to redouble their efforts and emphasizes his philosophy as a contemporary security measure dealing with the requirements of the time.