New TotalEnergies deepwater deal to accelerate Nigeria’s shift to gas – NUPRC CEO
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said Nigeria’s production sharing contract (PSC) with TotalEnergies will support Nigeria’s transition to a gas-powered economy. NUPRC’s CEO, Gbenga Komolafe, said this…
Tinubu: Our Govt’s Bold Economic Reforms Already Yielding Fruitful Results
Tinubu: Our Govt’s Bold Economic Reforms Already Yielding Fruitful Results
* Declares that in two years, Nigeria now respected globally
Deji Elumoye in Abuja
President Bola Tinubu has declared that his government’s bold economic reforms, which aim to restore Nigeria to its enviable position, are yielding fruitful results.
According to him, the country’s economy is now stable and attracting interest from around the world.
The president made this disclosure at the State House when he received the Soun of Ogbomosoland, His Imperial Majesty, Oba Ghandi Afolabi Oladunni Olaoye, Orumogege III, in audience with some other royal fathers.
President Tinubu said: “Years of neglect and self-deception, fake records, smuggling, and all of that have denied Nigeria the necessary revenue for progress and development.
“Then we were confronted again with arbitrage trading of currency, an illusion of selling papers, corruption all over the place, and the integrity of the country and its economy being extremely and adversely challenged.
“We had to take those actions. With your prayers, patience, perseverance and great understanding, I’m glad to tell you today that the economy is stabilised. The bleeding has stopped. Haemorrhage is gone; the patient is alive.”
The president also said the establishment of NELFUND was to ensure that no student would drop out because of poverty.
He affirmed that everybody has a right to education as it is the “greatest weapon you can give to human beings against poverty; that’s what we are doing. We have remained aggressive on our infrastructure. And it’s just two years”.
President Tinubu thanked the Soun of Ogbomoso for crediting his administration with the bold decisions taken immediately upon resumption of office.
He noted that the people of Ogbomosoland were already feeling the modernisation and transformation introduced by the monarch, who promised to strengthen traditional institutions.
The president promised to engage the Ministers of Power, Water Resources, Agriculture, and Works to look into the visiting monarch’s requests, stating they can make Nigeria self-sufficient in agriculture.
Earlier, the Soun commended the president for his incredible strides, which “only a bold leader could have recorded. Removing fuel subsidy has shown us that it is the right decision, and we can see the effects”.
Oba Olaoye said the foreign exchange reforms and introduction of NELFUND have made it easier for many students to continue their schooling without considering dropping out.
The royal father also commended the president for awarding the contract for the dualization of the Oyo-Ogbomosho Road, which had been abandoned for decades, pointing out that the road would spur economic activities as a significant gateway to the north.
The paramount ruler, however, requested the president’s intervention in the water and power supply in Ogbomoso, the upgrading of the General Hospital in the town into a Federal Medical Centre, as well as the establishment of a research institute to enhance the development and transformation of the famous ‘Ogbomoso mangoes and cashew nuts’ into a viable agricultural enterprise.
Oba Olaoye thanked the president for appointing Ogbomoso sons to his administration, notably the Federal Inland Revenue Service (FIRS) Chairman, Zacch Adedeji, and the DG of the Bureau of Public Procurement, Debo Adedokun.
On the entourage of the Soun of Ogbomosoland were five other kings representing the five councils in Ogbomosoland, namely High Chief Samuel Otolorin, the Areago of Ogbomosoland; HRM, Oba Oyetunji Adeyeye, the Alajaawa of Ajaawa; HRM Oba Bolarinwa Ezekiel Olajide, the Onisapa of Isapa; HRM Oba Babatunde Amao, the Aale Oke-elerin, and HRM Oba Akinola John Akintola, the Olokin-apa of Okin-apa.
Others were High Chief Ogundare Oluwakemi Rebecca, Iyalode of Ogbomosoland; Prof. Sola Adepoju, former DG Forestry Research Institute of Nigeria; Chief Tunji Olaniyi, a businessman, and Alhaji Abdul Ganiyu Atanda Owodunni, the Aare Musulumi of Ogbomosoland.
Also present was the Special Adviser to the President on Media and Public Communication, Chief Sunday Dare, a prominent ‘son of the soil’ who doubles as the Agbaakin of Ogbomosoland.
The post Tinubu: Our Govt’s Bold Economic Reforms Already Yielding Fruitful Results appeared first on THISDAYLIVE.
* Declares that in two years, Nigeria now respected globally Deji Elumoye in Abuja President Bola Tinubu has declared that his government’s bold economic reforms, which aim to restore Nigeria to
The post Tinubu: Our Govt’s Bold Economic Reforms Already Yielding Fruitful Results appeared first on THISDAYLIVE.
Law firm raises red flags over governance conflicts in Nigeria’s Insurance Reform Act 2025
Commercial law firm TNP has raised critical concerns over certain provisions in the newly enacted Nigerian Insurance Industry Reform Act 2025 (NIIRA 2025), warning that aspects of the legislation may…
FCTA withdraws all park licences in Abuja
The Federal Capital Territory Administration, FCTA, has withdrawn all park licences in Abuja, asking operators to resubmit documents for fresh screening and possible reallocation, following major policy violations. Mukhtar Galadima, Director of Development Control, disclosed this during an interview with journalists while explaining the recent demolition of Boulevard Park located in Maitama, Abuja. He said
FCTA withdraws all park licences in Abuja
The Federal Capital Territory Administration, FCTA, has withdrawn all park licences in Abuja, asking operators to resubmit documents for fresh screening and possible reallocation, following major policy violations.
Mukhtar Galadima, Director of Development Control, disclosed this during an interview with journalists while explaining the recent demolition of Boulevard Park located in Maitama, Abuja.
He said the FCT minister acted on a memo from the directors of Parks and Recreation and Lands, highlighting serious violations and inadequacies in the management of parks across the territory.
Galadima noted that the directive allowed park operators to resubmit their documents to the Parks and Recreation Department for a fresh review, after which qualified parks might be reallocated.
“If they meet the terms and conditions, they’ll be reallocated. Operators must respond, submit their documents, and if approved, they can regain access to their parks,” Galadima explained.
He emphasised that the move is not a witch-hunt but a necessary step to restore order, legality, and compliance with urban policies guiding park operations in the Federal Capital Territory.
“There’s nothing like witch-hunting. All park allocations were withdrawn over consistent violations. The minister holds authority to regulate land use in the FCT, including public parks,” he stated.
Regarding Boulevard Park’s demolition, Galadima clarified that the park operators were properly notified beforehand and enforcement only followed after all legal requirements had been satisfied.
He said the park had violated its original terms of use, operating activities that directly contravened recreational policies and deviated from the approved land use allocation.
“Boulevard Park was approved for recreation, but its operations violated every part of the policy. What’s happening there is a complete departure from the park’s intended use,” he said.
Galadima added that the Department of Parks and Recreation was mainly responsible for monitoring park activities and ensuring that parks operated within approved regulatory guidelines.
He revealed that all parks were expected to submit conceptual designs for approval before opening, but failure in monitoring had led to widespread abuse and policy breaches.
“The FCT is governed by law, and lawlessness won’t be tolerated. Every park operator must comply with all terms and conditions attached to their allocation,” Galadima stated firmly.
He assured the public that a ministerial committee had been established to review all park allocations and ensured that their usage aligned strictly with the original recreational purposes.
FCTA withdraws all park licences in Abuja
La Liga Must Learn To Spend Big On Players –Cucurella
Chelsea fullback Marc Cucurella has advised La Liga clubs to spend big during the transfer window if they are to compete with the Premier League. The Spanish international stated this…
Tinubu orders mandatory health insurance implementation across MDAs
President Bola Tinubu has directed the full implementation of mandatory health insurance across all Ministries, Departments, and Agencies, MDAs, in line with the National Health Insurance Act, 2022. The President ordered the Secretary to the Government of the Federation, SGF, to issue a service-wide circular mandating compliance with the Act, while also urging closer engagement
Tinubu orders mandatory health insurance implementation across MDAs
President Bola Tinubu has directed the full implementation of mandatory health insurance across all Ministries, Departments, and Agencies, MDAs, in line with the National Health Insurance Act, 2022.
The President ordered the Secretary to the Government of the Federation, SGF, to issue a service-wide circular mandating compliance with the Act, while also urging closer engagement with the private sector to ensure businesses are not unduly burdened.
According to a statement issued on Wednesday by Special Adviser to the President on Information and Strategy, Bayo Onanuga, the directive covers five key areas, including the compulsory enrolment of all MDA employees in the National Health Insurance Authority, NHIA, plan.
Agencies are, however, allowed to take up supplementary private insurance coverage.
The President also directed that all entities participating in public procurement must present a valid NHIA-issued Health Insurance Certificate as part of their eligibility requirements.
Similarly, applicants for licenses, permits, and other official approvals must show proof of compliance before being considered.
To ensure transparency, the NHIA will establish a digital verification platform for certificates, while MDAs are expected to develop internal procedures to authenticate submitted documents and monitor compliance.
The Presidency said the directive is aimed at expanding health coverage, safeguarding workers, reducing out-of-pocket expenses, and promoting accountability in both public and private sector operations.
The NHIA Act, enacted in 2022, makes health insurance compulsory for Nigerians. However, nearly three years after its passage, coverage remains low despite recent improvements in the health sector.
Tinubu orders mandatory health insurance implementation across MDAs
Rivers emergency rule: Court adjourns suit against Tinubu, Ibas, others
A Federal High Court sitting in Port Harcourt has fixed October 13, 2025, to hear a suit filed by a civil society organization, the Initiative for Freedom, Conflict Prevention and Social Integration, FREECON, against President Bola Tinubu, the Attorney-General of the Federation, the Rivers State Sole Administrator, the Rivers State Independent Electoral Commission, RSIEC, and
Rivers emergency rule: Court adjourns suit against Tinubu, Ibas, others
A Federal High Court sitting in Port Harcourt has fixed October 13, 2025, to hear a suit filed by a civil society organization, the Initiative for Freedom, Conflict Prevention and Social Integration, FREECON, against President Bola Tinubu, the Attorney-General of the Federation, the Rivers State Sole Administrator, the Rivers State Independent Electoral Commission, RSIEC, and its Chairman.
FREECON approached the court seeking a determination on whether, by the combined reading and construction of Sections 197 and 198 of the 1999 Constitution of the Federal Republic of Nigeria (as amended), the President can, under any circumstance, create or appoint a Sole Administrator or any other authority to usurp, divest, transfer, or exercise the governor’s constitutional powers in appointing the chairman and members of RSIEC.
The group is also contending that the court should determine whether, by the combined effect of the relevant constitutional provisions, the Sole Administrator, retired Vice Admiral Ibok-Ete Ibas, whom they argued is not recognized by the Constitution, has the statutory authority to appoint the RSIEC Chairman and members responsible for organizing, undertaking, or conducting elections across the 23 local government areas of Rivers State.
DAILY POST reports that when the matter was called in court on Wednesday, counsel for the Peoples Democratic Party, PDP, applied to join in the suit.
The application was not opposed by the claimants, and the presiding judge, Justice Turaki Mohammed, granted the request.
The defendants’ counsels also drew the court’s attention to their preliminary objection on the issue of jurisdiction.
Claimants’ counsel, Amegua Lezina, confirmed receipt of the motion and promptly served their response on points of law.
After hearing from the counsels, Justice Mohammed adjourned the case to October 13, 2025.
The adjournment automatically removed the proceedings from the vacation court schedule.
Rivers emergency rule: Court adjourns suit against Tinubu, Ibas, others
FCCPC issues new regulation to address loan app harassment
“For too long, Nigerians have endured harassment, data breaches, and unethical practices by unregulated digital lenders.” The post FCCPC issues new regulation to address loan app harassment appeared first on…
2026 WCQ: Full House In Uyo As Osimhen, Chukwueze, Arokodare, Uche Hit Camp
Super Eagles head coach Eric Chelle now has all the invited 23 players at his disposal for the 2026 FIFA World Cup qualifiers against Rwanda and South Africa, reports Completesports.com.…
The Delborough Lagos’ Stanley Uzochukwu hails VP Shettima on birthday
The Chairman and Group Managing Director of the conglomerate, Stanel Group and ‘The Delborough Lagos’, Dr. Stanley Uzochukwu has congratulated Nigerian Vice President Kashim Shettima GCON on his 59th birthday. The African young entrepreneurs’ model lauded the humility of the Vice President in his birthday message on behalf of the management and staff of
The Delborough Lagos’ Stanley Uzochukwu hails VP Shettima on birthday
The Chairman and Group Managing Director of the conglomerate, Stanel Group and ‘The Delborough Lagos’, Dr. Stanley Uzochukwu has congratulated Nigerian Vice President Kashim Shettima GCON on his 59th birthday.
The African young entrepreneurs’ model lauded the humility of the Vice President in his birthday message on behalf of the management and staff of the Stanel Group and The Delborough Lagos on Wednesday.
Dr. Uzochukwu celebrated VP Shettima’s contributions to nation building and asked Allah to strengthen and empower him to do more for humanity even as he enjoys many more years in good health ahead.
”From all of us at Stanel Group and The Delborough Lagos, I congratulate you on the occasion of your 59th birthday.
”Your humility, impacts, kindness and other positive contributions in public service are evident in the love Nigerians have for you and I am particularly happy to identify with you, my leader.
”On this special day, I wish you more strength in good health, long life and prosperity. May Allah empower you for greater achievements and may this new year bring to pass all that you desired for.
”Congratulations and happy birthday my great leader, Your Excellency, Vice President Kashim Shettima”!
The Delborough Lagos’ Stanley Uzochukwu hails VP Shettima on birthday