President Bola Tinubu has approved a fiscal incentive package created to kick-start the long-delayed Final Investment Decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater project.
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has dismissed claims circulating on social media that it arrested or is investigating James Omotosho, a judge of the Federal High Court in Abuja. A viral video shared online had alleged that the anti-corruption agency detained the judge over corruption-related allegations, sparking widespread speculation across social media platforms.
President Bola Tinubu has directed the immediate distribution of 100,000 Compressed Natural Gas (CNG) conversion kits across the nation to reduce the effect of rising petrol prices on Nigerians as a result of the escalation of conflict in the Middle East.
President Bola Tinubu is seeking the confirmation of Taiwo Oyedele as the minister of state for finance, which was contained in a letter addressed to the Senate and read by Senate President Godswill Akpabio during plenary on Tuesday.
Escalating tensions in the Middle East are beginning to ripple through Nigeria's economy, as rising global crude oil prices push up the cost of petrol and trigger increases in transport fares and food prices across several parts of the country. Across major cities including Lagos, Abuja, Kano, Kaduna, Port Harcourt and Yenagoa, motorists and commuters are facing a fresh round of petrol price adjustments, with the pump price of Premium Motor Spirit (PMS) climbing to between N1,020 and N1,100 per litre at many filling stations.
President Bola Tinubu has approved the posting of 31 career and 34 non-career ambassadors.
