Author: Our Reporter

The Federal Government on Monday announced that it will reward the most excellent, hard-working and innovative Micro, Small and Medium Enterprises (MSMES) in 2024, with an SUV, a residential Flat, and a minimum of N3million at this year’s edition of the MSMES clinics initiative. The MSMES award event is designed to commemorate the 2024 United Nations world MSMES Day as an avenue for recognising and supporting outstanding small businesses in the country. Senior Special Assistant to the President on Job Creation and MSMES. Tola Adekunle-Johnson told Journalists at a press conference kick-starting activities for the programme of the event in Abuja,…

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The Federal Government on Sunday said it is set for the initial roll out of Compressed Natural Gas Initiative (PCNGI) by the end of May this year, a presidential aide revealed. President Bola Tinubu had set up the initiative as part of his administration’s palliative arrangement for Nigerians following the removal of subsidy on petreum products. The Nigerian National Petroleuem Company Limited (NNPCL) in August 2023, also announced that it is partnering with NIPCO Gas Limited to develop Compressed Natural Gas (CNG) stations across the country. Special Adviser to the President on media and publicity to the President, Bayo Onanuga in…

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The United Nations Information Center (UNIC), has organised a capacity building workshop for journalists convering Nigeria’s seat of power, the presidential villa, on solutions and sustainability journalism. UNIC said the training for members of the State House Correspondents, is part of the United Nations agenda to equip media practitioners with the skills and competence to promote development and preservation of society for the future. The training with the theme, “Promoting Solutions- Oriented and Sustainability Journalism in a Modern Democracy,” was also supported by the Lagos State government. Among resource persons who made presentations at the workshop were Professor Jide Jimoh…

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Group Chief Executive Officer, Nigerian National Petroleum Company Limited, Mr. Mele Kyari, has reemphasized the critical role of natural gas in accelerating speedy economic growth and industrial development In Nigeria. Kyari, stated this in Abuja at the public presentation of the book, “The Rise of Gas: From Gaslink to the Decade of Gas” authored by Charles Osezua. The GCEO identified gas’ global acceptance as a crucial energy source that sustains economic growth and drives industrial activities. In a statement posted on the firm’s official handle) on Wednesday, the Chief Corporate Communications Officer of NNPCL, Olufemi Soneye, in a statement on…

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President Bola Tinubu on Tuesday approved the establishment of a Presidential Economic Coordination Council (PECC) and the creation of an Economic Management Team Emergency Taskforce (EET) to bolster the nation’s economic governance frameworks and ensure robust and coordinated economic planning and implementation. Special Adviser on media and publicity to the President on media and publicity, Ajuri Ngelale in a statement said, the Presidential Economic Coordination Council (PECC) comprises distinguished leaders and key government officials, including: (1) President of the Federal Republic of Nigeria – Chairman of the PECC (2) Vice-President of the Federal Republic of Nigeria – Vice-Chairman of the PECC…

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Dr. Doris Uzoka-Anite is the Minister of Industry, Trade, And Investment. She recently briefed the Federal Executive Council (FEC), presided by President Bola Tinubu at the Presidential Villa on several trade negotiations and support from multilateral groups  tailored towards enhancing the business environment and attracting huge Foreign Direct Investment (FDI), to boost the country’s economy. Newsqueet brings the excerpts;  I presented reports on some of the activities of my ministry in the last two weeks. As you will recall, I represented Nigeria at the change Ministerial Conference of the World Trade Center (WTO), at Abu Dhabi, and there we discussed a lot of…

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The Central Bank of Nigeria (CBN), on Friday revoked tbe operation licences of 4,178 Bureau De Change (BDCs), in a measure to stabilize rbe forex market and halt the free fall of the naira. CBN in a statement by its acting director of corporate communications, Mrs. Sidi Ali, Hakama said the affected operators failed to meet the necessary guidelines set for the regulation of the industry as contained in the powers conferred in the bank under the Bank and other Financial Institutions Act (BOFIA) 2020. According g to CBN, the operators failed to pay all necessary fees, infusing licence renewal…

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Senior Special Assistant to the President on Job Creation and Micro Small And Medium Enterprises (MSMEs), Temitola Adekunle-Johnson, on Thursday disclosed that the administration of President Bola Tinubu will create at least, 384,000 jobs in the next four years.  Adekunle-Johnson stated this at a forum on job creation, organized by his office on Job creation and MSMEs.  He said about 100,000 jobs will be created by the end of May, 2024 by the administration as it was the desire of the present government to focus on jobs creation. “We are saying that by the end of May 29, we will…

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The United Kingdom (UK) Deputy Chief of Defence Staff, Lieutenant General Roly Walker, has lauded the Nigerian Army (NA) for its significant role in maintaining peace and stability in Africa and the West African Subregion. Director of the Army Public Relations, Major General Onyeama Nwanchukwu in a statement said the UK Defence Chief gave the commendation during his visit to the Army Headquarters in Abuja. General Walker appreciated the NA’s steadfast commitment to peacekeeping efforts across the continent, highlighting its pivotal role in addressing regional security challenges and the need for collaborative efforts to address persistent security concerns. Speaking on…

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Vice President Kashim Shettima, has urged broadcast media organisations in the country to prioritise national unity in addressing the critical challenges facing northern Nigeria.  Senior Special Assistant on media and communications to the Vice President, Stanley Nkwocha in a statement said, Shettina gave the charge on Wednesday when the Arewa Broadcast Media Practitioners Forum paid him a courtesy visit at the Presidential Villa, Abuja. Specifically, the Viice President identified poverty, insecurity and inclusivity as the major concerns demanding attention. He said, “These are more germane issues,” the Vice President pointed out, even as he also highlighted issues bordering on drug…

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