President Bola Ahmed Tinubu has inaugurated an 11-member committee to oversee the establishment of the Grid Asset Management Company Limited (GAMCO), a new initiative aimed at addressing Nigeria’s persistent electricity transmission and grid management challenges.
President has announced the successful resolution of the long-standing dispute over Oil Prospecting Licence 245 (OPL 245), describing the development as a major milestone that will unlock significant deepwater investment in Nigeria’s oil and gas sector.
Nigeria’s foreign reserves have surpassed $50bn for the first time in 13 years, a milestone the Federal Government says reflects the early gains of President Bola Tinubu’s economic reforms.
The projected N900 billion tax contribution by the Dangote Group in 2025 has generated excitement within federal circles not merely because of the size of the figure, but because of what it represents: a structural shift in Nigeria’s fiscal culture. When a conglomerate founded by Aliko Dangote contributes close to a trillion naira in taxes in a single year, it signals that something deeper is happening beneath the surface of Nigeria’s public finance architecture.
Tinubu Orders Suspension of Cashless Airport Toll Over Severe Gridlock
President Bola Tinubu on Wednesday suspended the cashless payment system at airport toll gates across the country following widespread gridlock that has caused passengers to miss their flights.
The Minister of Aviation and Aerospace Development, Festus...
