Presidency Says 15% Import Duty on Petrol, Diesel Won’t Burden Nigerians
The Presidency has defended the Federal Government’s decision to impose a 15 percent import duty on petrol and diesel, insisting that the measure will not constitute a burden on Nigerians. According to a statement issued on Thursday night, the policy is part of the administration’s strategy to encourage local refining, stabilise the market, and promote […]
Nigerians Owe President Tinubu Gratitude, Says FCT Minister Wike
In a recent address at the commissioning of newly completed access roads in Sector Centre B, Dakibiyu District, Abuja, the Federal Capital Territory (FCT) Minister, Nyesom Wike, emphasized the pivotal role of President Bola Ahmed Tinubu’s leadership in driving infrastructural advancements across the capital. Acknowledging Presidential Leadership Minister Wike attributed the accelerated pace of road […]
Tinubu Seeks NASS Approval to Borrow $2.35bn, Issue $500m Sovereign Sukuk for 2025 Budget
President Bola Ahmed Tinubu has requested the approval of the National Assembly to borrow a total of $2.347 billion to finance part of the 2025 national budget and refinance existing debt. The president is also seeking legislative backing to issue Nigeria’s first $500 million sovereign Sukuk on the international market. The requests were contained in […]