Author: Joy Gyakyor

Lagos State Governor Babajide Sanwo-Olu Monday said that his government was making concrete arrangements to host an international technology conference next year that will bring global players in the industry to help showcase the huge potentials of the state. The governor who spoke to reporters on the sidelines of the United Nations General Assembly (UNGA) in New York, United States, said the conference will be of the standard seen in Dubai. “We are working on one or two big international conferences that we think will happen in Lagos next year. One will be one of the biggest tech shows, the…

President Bola Tinubu has appointed Mr. Stanley Nkwocha as Senior Special Assistant (SSA), on Media and Communications to serve as spokesman for the Vice President. Nkwocha who is a former General Manager and Daily Editor of Leadership Newspaper, holds a Master’s Degree in International Affairs and Strategy from the Nigerian Defence Academy, Kaduna, as well as a Bachelor’s Degree in Economics from the University of Maiduguri. A presidency source told our correspondent that Nkwocha will resume his duties any time this week. The new presidential aide began his career as a proofreader and rose through the ranks, holding various positions,…

President Bola Tinubu has approved the appointment of Dr. Olayemi Michael Cardoso as the new Governor of the Central Bank of Nigeria (CBN), subject to the confirmation of the Senate. If confirmed, Dr. Cardoso will serve for a term of five (5) years at the first instance. Special Adviser on media and publicity to the President, Ajuri Ngelale in a statement Friday said Tinubu’s action is in conformity with Section 8 (1) of the Central Bank of Nigeria Act, 2007, which vests in the President of the Federal Republic of Nigeria, the authority to appoint the Governor and Four (4) Deputy…

President Bola Tinubu has approved the establishment of a Presidential Committee dedicated to the reform of the livestock industry and the provision of long-term solutions to recurring clashes between herders and farmers in the country. Special Adviser on media and pu luxury to the President, AJuri Ngelale in a statement Thursday said the establishment of the Committee followed the submission of a report from the National Conference on Livestock Reforms and Mitigation of Associated Conflicts in Nigeria. The conference was convened by the former Executive Governor of Kano State and Chairman of All Progressives’ Congress (APC), Dr. Umar Abdullahi Ganduje. He explained that the…

President Bola Tinubu on Thursday approved the appointment of Zacch Adedeji as the new Acting Executive Chairman of the Federal Inland Revenue Service (FIRS). The President in a statement by his Special Adviser on media and publicity Ajuri Ngelale directed the erstwhile FIRS Chairman, Mr. Muhammad Nami, to proceed on 3 months of pre-retirement leave, as provisioned by Public Service Rule (PSR) 120243, with immediate effect, leading to his eventual retirement from service on December 8, 2023. “Honourable Zacch Adedeji is hereby appointed in acting capacity for a 90-day period before his subsequent confirmation as the substantive Executive Chairman of…

The United States (U.S.A) and China account for half of the world’s total indebtedness of $235 trillion, the International Monetary Fund announced saying that both countries owe put to $117.5 trillion. The monetary fund (IMF) in its global debt update, titled: Global Debt Is Returning to its Rising Trend, said, in a space of one year from 2021, global debt position rose by $200 billion to $235 trillion, equivalent of 238 per cent of the world’s Gross Domestic Products (GDP), as of 2022. IMF explained that this is nine percentage points higher than in 2019. The global financial institution laid…

Vice President Kashim Shettima will on Wednesday depart Abuja to represent President Bola Tinubu at the G77+China Leaders’ summit in Havana, Cuba from 15th to 17th September, 2023. Director of information office of the Vice President, Olusola Abiola in a statement, said the Vice President will be joining other world leaders, including the United Nations Secretary-General, Antonio Gutteres at the summit to deliberate on development issues facing members mostly from the global south. The Summit will equally explore proactive ways of addressing challenges facing the development of the member-states leveraging science, technology and innovation to enhance socio-economic growth. Abiola also…

Benue State Governor, Reverend Father Hyacinth Alia has assured that his government will not approve land for the construction of houses as Fulani colonies in the State as being proposed by the Federal Government, but will encourage the settlement of Internally Displaced Persons (IDPs). The assurance is coming barely hours after the opposition Peoples Democdatic Party, (PDP) in the State accused the governor of masterminding the inclusion of Benue as one of the seven States slated for the colony projects across the country. A statement by the Chief Press Secretary to the Governor, Tersoo Kula said, the homes to be…

President Bola Tinubu has opened talks with the leaders of Germany and South Korea for direct investment of their giant companies in Nigeria, hoping to boost the country’s economy and create additional wealth.  Special Adviser on media and publicity to President, Ajuri Ngelale in a statement Sunday said Tinubu met with the Heads of States identified as key partners in his economic development diplomacy drive for local investment, on the sidelines of the G-20 summit in New Delhi, India. Ngelale said the meeting with the Chief Executive Officer of Europe’s largest economy, Germany, presented a unique opportunity to expand ties…

President Bola Tinubu will meet with the leadership of the United Arab Emirates (UAE) during a technical stopover in Abu Dhabi, UAE, after his departure from New Delhi, India today, according to presidential spokesman, Ajuri Ngelale. The Special Adviser on media and publicity to the President said the meeting will serve as a follow-up discussion to address specific, salient issues within the bilateral relationship after conversations held during a recent visit by the UAE Ambassador to the President at the Presidential Villa, Abuja. President Tinubu will address lingering bilateral issues while maximizing the opportunity of the stopover to equally advance…