FG Approves $3.45bn W’Bank loan to Finance Five Projects The Federal Executive Council had approved the application for a $3.45bn loan to finance five projects. They include projects in the power sector, renewable energy, states’ resource mobilisation programme, adolescent girls’ initiative for learning and empowerment and...

Student Loan Begins January 2024 as Tinubu Promises End to ASUU Strike   President Bola Tinubu says the implementation of the student loan initiative will commence in January 2024. Tinubu, who was speaking at Abuja during the National Economic Summit 2023 on Monday, assured Nigerian students that...

IMF Prescriptions: A Cautionary Note To President Tinubu, by Muhammad Sagagi   The point being made that the IMF and the World Bank lend ‘critical support’ to countries around the globe is well noted. However, the real issues go beyond ‘lending support’ to countries. More pertinent...

Tinubu Appoints Muhammed Ibrahim to Head Agric Devt Fund President Bola Ahmed Tinubu has appointed Mr. Muhammed Abu Ibrahim to serve as the Executive Secretary and Chief Executive Officer of the National Agricultural Development Fund (NADF). The President in a statement by his spokesman, Ajuri Ngelale,...

China Pledges to Fund, Complete Port Harcourt-Maiduguri, Abuja-Kano Rails The Chinese government has expressed its commitment to refinance and complete the Abuja-Kano and Port- Port-Harcourt-Maiduguri railway projects. A statement signed by the VP’s Senior Special Assistant on Media and Communications, Stanley Nkwocha, on Wednesday, said: “President...

Tinubu Appoints Ahmed Galadima Aminu as PTDF Boss   President Bola Ahmed Tinubu has appointed Ahmed Galadima Aminu as the Acting Executive Secretary and Chief Executive Officer of the Petroleum Technology Development Fund (PTDF). The PTDF boss will serve in acting capacity for three months before commencing...