Tag: Tinubu

Tinubu Approves Second Runway for Abuja Airport President Bola Tinubu has again approved the construction of a second runway at the Nnamdi Azikiwe International Airport, Abuja, in a move aimed at strengthening Nigeria’s aviation infrastructure. This makes it the second approval by successive Presidents, signalling renewed...

President Bola Tinubu demonstrated foresight in July 2024, when he approved the use of the naira as the payment currency for crude oil supplied by the NNPC to the Dangote Refinery. Since the launch of the naira-for-crude initiative on October 1, 2024, Nigeria has experienced a strategic breakthrough amid the ongoing economic turmoil resulting from the Iran-Israel-US conflict in the Middle East.

The Senate has approved President Bola Tinubu’s request for $6bn in external loans, just hours after receiving his letter. 

Finance Minister Wale Edun says Nigeria is now on a path of stabilisation and recovery, despite current economic hardship.

President Bola Tinubu has asked the National Assembly to approve an adjustment to the 2026 Appropriation Bill, proposing a ₦9 trillion increase to raise the total budget from ₦58.4 trillion to ₦67.4 trillion.

The Managing Director of the Nigerian Communications Satellite (NIGCOMSAT), Jane Egerton-Idehen, has announced that President Bola Ahmed Tinubu has approved two additional communication satellites, NIGCOMSAT 2A and 2B, for Nigeria’s space programme.