News
President Biden Tasks Tinubu On E- Govt
▪︎US Deputy Secretary of Treasury, Wally Adeyemo,
United States President, Joe Biden , has urged Nigerian President Bola Tinubu to consider moving the government’s functions online because of its benefits.
Electronic government (or e-Government) is the application of Information and Communication Technologies (ICTs) to government functions and procedures with the purpose of increasing efficiency, transparency and citizen participation
President Biden spoke through United States
Deputy Secretary of Treasury, Wally Adeyemo, during his visit to Lagos.
” Nigeria is a hotbed for digital entrepreneurship, and moving government’s functions online, will enable Nigerians apply for business licenses and visas using their smart phones and computers will help improve services and reduce opportunities for fees to go into pockets rather than government coffers,” he said.
The Deputy Secretary of Treasury who is in Nigeria to deepen bilateral relations between the two countries, and hosted by the Lagos Business School, said that President Biden applauded the leadership of the Tinubu Administration, especially his decisive actions on the exchange rate unification and other reforms to accelerate prosperous economy.
President Biden also advised President Tinubu to protect the integrity of Nigeria’s financial system.
” The cowardly kidnappers, corrupt officials, and fraudsters all are seeking to launder their money.
“Taking steps to make your banking system more secure will help reduce the ability of criminals, terrorists, and
others to illicitly use the Nigerian financial system,” he said.
Wally assured that the United States government stands ready to work with the new government of Tinubu to address the challenges in financial institution supervision, implementing controls in high-risk sectors, and pursuing investigations and prosecutions.
“President Biden is committed to a strong U.S.-Nigeria relationship built on shared values and mutual benefit.
Our Administration recognizes that your economic success is not only important to the approximately 200 million people who call Nigeria home; it is important to the region, the continent, and the global economy,” he said.
In addition to these, he also urged the Tinubu Administration to stabilize the Naira.
“You stop into any small business or market, and you will hear shop owners and customers bemoaning the lack of a stable currency.
Unifying Nigeria’s foreign exchange rates will create the kind of macroeconomic stability that is essential to attracting foreign investment,” he said.
Business
Nigerian govt suspends implementation of 15% petrol import duty
The Nigerian government has suspended the planned 15 per cent import duty on premium motor spirit (PMS) and automotive gas oil (diesel). The announcement was made by George Ene-Ita, spokesperson for the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in a statement on Thursday.
The regulator urged Nigerians to avoid panic buying, assuring that there is adequate supply of petroleum products nationwide.
“It should also be noted that the implementation of the 15 percent ad valorem import duty on imported premium motor spirit and diesel is no longer in view,” NMDPRA stated.
The statement added that both domestic and imported supplies of petrol, diesel, and other petroleum products are sufficient to meet demand, especially during the peak period. The authority warned against hoarding, panic buying, or unwarranted price increases, and affirmed that it would continue to monitor supply and distribution closely.
President Bola Ahmed Tinubu had approved the 15 per cent import duty last month to encourage the use of products from Dangote Refinery. While some stakeholders supported the move as a boost for local refining, critics argued it could increase fuel prices and worsen economic hardship for Nigerians.
News
Lagos govt clears beggars, street occupants along Ketu-Alapere corridor
The Lagos State Government has cleared beggars and individuals deemed a public nuisance along the Ketu-Alapere corridor as part of its ongoing environmental sanitation and urban renewal efforts.
The operation was carried out by the Lagos State Environmental Sanitation Corps (LAGESC) and confirmed by the Commissioner for Environment and Water Resources, Tokunbo Wahab, in a statement on his official X account on Wednesday.
“Operatives of the Lagos State Environmental Sanitation Corps today commenced a clearance operation at Ketu-Alapere, removing beggars and other individuals constituting nuisance along the road median,” Wahab said.
He noted that those apprehended would be properly profiled and handed over to relevant authorities for further action. A video released by the commissioner showed LAGESC officials evacuating individuals from the busy corridor, a major link between Lagos Mainland and key transport routes to the Island.
Wahab emphasized that the exercise is part of broader efforts to improve public order, ensure free traffic movement, and maintain the aesthetic appeal of public spaces across Lagos.
“Every part of Lagos must reflect the standard of a #CleanerLagos and a #GreaterLagos,” he added.
Crime
Troops rescues 74 NYSC Members from suspected Boko Haram ambush in Borno
Troops of the Joint Task Force (JTF), North East Operation Hadin Kai, have rescued 74 members of the National Youth Service Corps (NYSC) from a suspected abduction attempt by Boko Haram and ISWAP terrorists along the Buratai–Kamuya road in Borno State.
The incident occurred around 9:05 p.m. on Tuesday when the corps members — 36 males and 38 females — were stranded after their vehicles broke down near a known kidnapping hotspot.
According to military sources, a patrol team was swiftly deployed to the area after a CCTV monitoring system detected suspicious movement involving three buses.
“On reaching the location, troops found 74 corps members stranded after their vehicles developed mechanical faults. They were immediately rescued to prevent a likely abduction by terrorists operating in the area,” the report read.
The rescued corps members have been temporarily accommodated at the Buratai military base while arrangements are being made for their safe relocation.
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