By Jemimah Wellington, JKNewsMedia Reporter ECONOMIC MISMANAGEMENT spanning five decades has left Nigeria in financial distress, President Bola Ahmed Tinubu has revealed. Addressing a delegation of former National Assembly colleagues at the State House on Thursday, the President stated that his administration’s economic reforms were necessary...
By Joke Kujenya PRESIDENT BOLA Tinubu has signed Nigeria’s 2025 federal budget into law, setting the country’s expenditure at a record-breaking N54.99 trillion. The signing, which took place at the Presidential Villa in Abuja on Friday, follows the budget’s approval by the National Assembly, marking a nearly 100% increase from the N27.5 trill...
By Jemimah Wellington, JKNewsMedia Reporter A LONG history of environmental degradation, economic neglect, and unresolved grievances continues to weigh heavily on Ogoniland, a region rich in natural resources yet marked by decades of tension and underdevelopment in Nigeria. Addressing these challenges, President Bola Tinubu on Tuesday reaffir...
THE PRESIDENT Bola Tinubu-led administration has reaffirmed its commitment to leading Nigeria into a prosperous future, emphasising the central role of citizens in the government’s efforts. President Tinubu expressed these commitments on Wednesday during a New Year homage at his Oyinkan Abayomi Drive residence in Ikoyi, Lagos. His visito...
By Joke Kujenya “THE 2025 BUDGET I present today to the joint session of the National Assembly is a budget of restoration. “It aims to build on the policies we have introduced to revitalise the economy, enhance human capital development, expand trade and investment opportunities, boost oil and gas production, revive the manufacturi...
By Jemimah Wellington, JKNewsMedia Reporter MARKING A notable improvement from the previous 68% reported on Independence Day, Nigeria’s debt servicing to revenue ratio has reduced to 65%. President Bola Tinubu revealed this during the swearing-in ceremony of seven new ministers at the State House in Abuja. The President highlighted the c...
By Jemimah Wellington, JKNewsMedia Reporter PRESIDENT BOLA Tinubu has directed the immediate release of all minors detained in connection with the August 1 protests against rising living costs. The President’s order follows an intense public outcry over footage showing young detainees, who appeared malnourished and distressed, during their cou...
By Jemimah Wellington, JKNewsMedia Reporter THE WORLD Bank has expressed concerns about Nigeria’s financial management, criticizing the government’s spending practices amid growing economic challenges. According to a report by the World Bank, the current administration under President Bola Tinubu has been urged to eliminate non-essential...
By Jemimah Wellington, JKNewsMedia Reporter PRESIDENT BOLA Tinubu has accepted the decision of Ajuri Ngelale, Special Adviser on Media and Publicity, to take an indefinite leave of absence due to pressing health concerns. Tinubu expressed his understanding of the difficult choice Ngelale had to make, sympathizing with the circumstances that le...
