News
Tinubu Vows to Crush Terrorism as FEC Reconvenes after Three Months
President Bola Ahmed Tinubu has, for the first time, spoken publicly since U.S. President Donald Trump redesignated Nigeria as a Country of Particular Concern over alleged religious persecution and issued threats of military action against terrorist groups in the region.
Speaking at the Federal Executive Council (FEC) meeting in Abuja on Thursday, President Tinubu avoided direct reference to President Trump but underscored Nigeria’s resilience and growing economic credibility. He cited the overwhelming success of the country’s recent $2.35 billion Eurobond, which was oversubscribed by 453 percent, as clear proof of “strong investor confidence despite political headwinds.”
“Nigeria remains open for business. The confidence of global investors in our economy is unshaken. We will continue to engage our international partners diplomatically while working tirelessly to defeat terrorism and build a peaceful, inclusive, and resilient nation,” Tinubu said.
The Coordinating Minister of the Economy and Minister of Finance, Wale Edun, briefed the council that the Eurobond attracted $13 billion in orders, describing it as a major milestone in Nigeria’s economic reform trajectory.
He added that the next phase of the administration’s reforms would focus on removing barriers to investment, reviewing tariffs and import restrictions, and improving fiscal discipline to ensure that the benefits of the reforms reach ordinary Nigerians.
Thursday’s FEC meeting marked the first in three months, with President Tinubu also swearing in two new ministers — Dr. Kingsley Tochukwu Udeh (SAN) from Enugu State and Bernard Doro from Plateau State — bringing the cabinet back to its full complement of 48 members.
The President reaffirmed his administration’s determination to crush terrorism and violent extremism, stating that no external pressure or political distraction would deter Nigeria from safeguarding its sovereignty and national security.
News
Ayo Fayose Gets Presidential Portfolio As REA Board Chairman
Fayose will head the board of REA, with Alhaji Ahmadu Abubakar and Engineer Ilyasu Ibrahim Makinta appointed as members and non-executive directors,” said Onanuga.
President Bola Tinubu has appointed the former governor of Ekiti State, Ayo Fayose, as chairman of the Rural Electrification Agency (REA) Board.
The President also appointed Major General Junaid Bindawa as chairman of the National Salaries, Incomes and Wages Commission.
24 others were also appointed to 10 federal government agencies and commissions.
The appointments were contained in a statement issued by the presidential spokesman, Bayo Onanuga, in Abuja.
According to the statement, “All the appointments take immediate effect.”
“Fayose will head the board of REA, with Alhaji Ahmadu Abubakar and Engineer Ilyasu Ibrahim Makinta appointed as members and non-executive directors,” said Onanuga.
News
BREAKING: ICPC grills Gbajabiamila over PFIPC scandal
According to Jiti Ogunye, Gbajabiamila’s counsel, the president’s chief of staff appeared at the ICPC headquarters on Monday, where he was questioned over the PFIPC controversy.
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has interrogated Femi Gbajabiamila, chief of staff to President Bola Tinubu, over his role in the emergence of the controversial Presidential Foreign Investment Promotion Council (PFIPC).
According to Jiti Ogunye, Gbajabiamila’s counsel, the president’s chief of staff appeared at the ICPC headquarters on Monday, where he was questioned over the PFIPC controversy.
Details soon
(The Cable)
News
NBC Begins Training of Free -To- Air TV Installers
” We are doing it to ensure that they can properly track the NigComsat signal. We found out that installers are very critical to the success of the DSO project because we recently launched the DTH project. We are going DTT. We are going DTH. We are doing mobile App.”
•50 set-top box installers and technicians in Ibadan
The National Broadcasting Commission (NBC) has commenced nationwide capacity-building exercise to prepare installers for the rollout of the country’s renewed Digital Switchover (DSO) programme.
The Head of the DSO Unit and Deputy Director of Public Affairs at the Commission, Mrs. Clementine Usman-Wamba, announced the development during training of more than 50 set-top box installers and technicians in Ibadan, the Oyo State capital.
According to her, broadcasters would be shut out of analogue broadcasting transmission by 2028, hence the need for the training of installers that are professionals to assist in the process.
She said, “We are actually here in Ibadan to train installers specifically to be part of the Digital Switch Over process.We are doing it in conjunction with Nigeria Communication Satellite Limited, (NigComSat). It is a joint outreach that we are doing here today.”
” We are doing it to ensure that they can properly track the NigComsat signal. We found out that installers are very critical to the success of the DSO project because we recently launched the DTH project. We are going DTT. We are going DTH. We are doing mobile App.”
She said that the installation of Free TV is to enable Nigerians to have access to many channels without subscription, noting that the NBC has embarked on the training of the installers of decoders and dishes nationwide for effective take off of the project.
CBN admits it opened domiciliary accounts for PFIPC agency
Naira Exchange Rates At The Parallel/ Official Market Tuesday, 21 July
Ayo Fayose Gets Presidential Portfolio As REA Board Chairman
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