Professor Wumi Iledare, a renowned expert in petroleum economics and Professor Emeritus at Louisiana State University, has reacted to President Bola Tinubu’s Executive Order 9 of 2026, directing the restructuring of oil and gas revenue remittances to the Federation Account. The order signed by President Tinubu on February 13 but announced on February 18, 2026, …
Economists, industry experts and public finance analysts have hailed President Bola Tinubu’s latest executive order stripping the Nigerian National Petroleum Company Limited (NNPC) of the power to retain portions of oil and gas revenues before they reach the Federation Account. They said the order would help to strengthen revenue remittance compliance and enhance transparency, adding …
The World Bank has described Nigeria as a global example of steady and credible reform leadership, citing the country’s consistency in implementing economic changes despite ongoing challenges. The Bank’s Managing Director of Operations, Anna Bjerde, remarked during a meeting on Tuesday with President Bola Tinubu and Vice President Kashim Shettima at the State House in …
President Bola Tinubu has asked the Senate to amend the Court of Appeal Act to increase the number of justices from 70 to 110, as part of broader efforts to strengthen Nigeria’s appellate justice system and reduce growing pressure on the courts. The proposed amendment also provides for virtual hearings and the establishment of an …
Reno Omokri, ambassador-designate, says Omoyele Sowore, publisher of Sahara Reporters, cannot rely on past statements he made about President Bola Tinubu as a defence in his ongoing cybercrime trial. Sowore is standing trial on a two-count charge filed against him by the Department of State Services (DSS), arising from an August 25 post on X …
The federal government says Nigeria and Turkey will establish a joint economy and trade committee to boost bilateral trade to $5 billion. President Bola Tinubu departed Abuja on Monday for a state visit to Turkey. In a statement, Bayo Onanuga, presidential spokesperson, said Turkish President Recep Tayyip Erdogan reaffirmed Ankara’s commitment to expanding trade during …
President Bola Tinubu and Vice President Kashim Shettima are to spend a combined ₦8.74 billion on local and international travels in 2026, according to provisions in the appropriation bill. His frequent overseas trips have drawn growing criticism, with opponents arguing that he has not devoted similar attention to domestic travels, except for visits linked to …
The Federal Ministry of Works will receive the largest funding for projects and operations under the 2026 Appropriation Bill. The Pinnacle Daily review of the 2026 proposed budget has shown. Others in the category are the Federal Ministry of Defence, the Ministry of Education, the Ministry of Health, and the Ministry of Agriculture and Food …
Governor Abba Kabir Yusuf of Kano State on Monday met with President Bola Tinubu at the State House, Abuja, where he outlined his administration’s priorities on security, infrastructure and enhanced cooperation with the federal government. The meeting, which was held behind closed doors, was used to formally brief the president on key challenges and opportunities …
Vice President Kashim Shettima has arrived in Davos, Switzerland, ahead of the 56th Annual Meeting of the World Economic Forum (WEF), where he will lead Nigeria’s delegation to the global event scheduled for January 19 to 23, 2026. A statement by his spokesman, Stanley Nkwocha, said Shettima flew into Switzerland from Conakry, Guinea, after representing …
