Presidency clarifies Tinubu did not introduce a new 5% fuel tax. Surcharge dates back to the 2007 FERMA Act, not Tinubu’s reforms. Levy will fund road infrastructure but excludes household energy products. The Presidency has dismissed reports that President Bola Tinubu introduced a new 5% surcharge on fuel products, insisting that the provision has existed … Read more
Tinubu to Inaugurate 6,000MT Lithium Processing Plant in Nasarawa ..Project signals growing investor confidence in solid minerals sector, says Gov Sule The Ministry of Solid Minerals also outlined plans to restrict lithium exports President Bola Ahmed Tinubu will visit Nasarawa State to inaugurate a new 6,000-metric-ton lithium processing plant built by Chinese investors, Governor Abdullahi … Read more
President Bola Ahmed Tinubu has arrived in Paris, France, for a three-day official visit at the invitation of French President Emmanuel Macron. Tinubu, accompanied by First Lady Senator Oluremi Tinubu, landed at Orly Airport around 5:10 p.m. on Wednesday. His arrival was marked by a ceremonial military reception, signifying the commencement of the visit. … Read more
President Bola Tinubu will depart Abuja on Wednesday for a three-day state visit to France, following an invitation from French President Emmanuel Macron. The announcement was made in a statement by Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, on Tuesday. The statement, titled ‘President Tinubu honours invitation for a state visit to France,’ … Read more
The Presidency has emphasized that Nigeria’s economic significance and population size position the country as a strong candidate for admission into the G20 economic group. In a statement released on Monday, the Presidency highlighted that President Bola Tinubu’s participation in the G20 Summit in Brazil serves as an opportunity to advocate for Nigeria’s inclusion in … Read more
President Bola Ahmed Tinubu has reaffirmed the federal government’s commitment to combating hunger and poverty while advocating for Nigeria’s inclusion in the G20 as a step toward addressing global challenges. Speaking at the 19th G20 Leaders’ Summit in Rio de Janeiro, Brazil, Tinubu expressed his administration’s determination to lead discussions on sustainable development, energy transition, … Read more
President Bola Ahmed Tinubu is set to travel to Rio de Janeiro, Brazil, on Sunday, to participate in the 19th G20 Leaders’ Summit, just days after returning from the Joint Arab-Islamic Summit in Riyadh, Saudi Arabia. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, announced the trip in a statement on … Read more
The Minister of Power, Adebayo Adelabu, has stated that many Nigerians have stopped complaining about the high cost of petrol because they are no longer solely reliant on generators for electricity. Speaking during his keynote address at the 2024 Nigeria Energy Exhibition and Conference in Lagos, Adelabu addressed the theme, “Breaking Barriers in the New … Read more
NMDPRA mandates filling stations in Nigeria to sell Compressed Natural Gas (CNG) as an alternative fuel. CNG is praised for its clarity, lack of odor, and non-corrosive properties. Engr. Farouk Ahmed underscores the federal government’s push for CNG adoption. EKO HOT BLOG reports that the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has ordered filling … Read more