The House of Representatives has confirmed Olufemi Oluyede as the Chief of Army Staff (COAS) following a report presented by Babajimi Benson, Chairman of the Committee on Defense. Oluyede’s confirmation came after a thorough screening by the Joint Committee on Army and Defense on Wednesday. President Bola Tinubu had nominated Oluyede as Acting COAS following … Read more
The Senate has passed four tax reform bills for second reading during Thursday’s plenary session. Following the approval, Senate President Godswill Akpabio referred the bills to the Finance Committee, chaired by Senator Sani Musa (APC, Niger East), for further legislative work and a report back within six weeks. Before deliberating on the bills, the Senate … Read more
The Nigerian National Petroleum Company (NNPC) Ltd. has fulfilled its commitment to re-stream the Port Harcourt Refining Company (PHRC), marking the start of crude oil processing and the distribution of petroleum products to the market. This milestone was announced in a statement on Tuesday by the Chief Corporate Communications Officer of NNPC Ltd., Olufemi Soneye. … Read more
The Federal Government has charged 332 newly promoted directors to take the lead in driving transformative reforms within Nigeria’s civil service. During a decoration ceremony held in Abuja, Mrs. Didi Esther Walson-Jack, Head of the Civil Service of the Federation, congratulated the directors and emphasized the significance of their new roles. EDITOR’S PICKS Japa: Russia … Read more
Some federal lawmakers have refuted claims that governors are threatening to deny them re-election tickets in 2027 over their support for President Bola Tinubu’s tax reform bills. This denial follows reports by Deputy Spokesman of the House of Representatives, Philip Agbese, who alleged that certain governors were pressuring lawmakers to withdraw their backing for the … Read more
The Federal Government has lifted the ban restricting the posting of National Youth Service Corps (NYSC) members to private sector organizations, opening opportunities for corps members to be posted to industries like banking and oil and gas. In a memo dated November 18, 2024, Minister for Youth Development, Ayodele Olawande, announced that the new policy … Read more
President Bola Tinubu has submitted a request to the National Assembly for approval of a fresh external borrowing plan amounting to ₦1.767 trillion. The loan is intended to partially bridge the ₦9.7 trillion budget deficit in the 2024 appropriation act. The Speaker of the House of Representatives read the president’s request during Tuesday’s plenary. If … Read more
Daniel Bwala, Special Adviser to President Bola Tinubu on Media and Public Communications, has emphasized that he would never be in a position to compete with or undermine Bayo Onanuga. Bwala made this statement on Monday while speaking on Channels Television’s Politics Today program. He referred to Onanuga, the Special Adviser on Information and Strategy … Read more
Nigeria’s debt to the World Bank’s International Development Association (IDA) rose to $17.1 billion as of September 30, 2024. According to the World Bank’s financial statements for the fiscal year ending September 2024, this marks a $600 million increase from the $16.5 billion recorded in June 2024. With this figure, Nigeria remains the third-largest debtor … Read more
President Bola Ahmed Tinubu has removed Dr. Chioma Ejikeme as the Executive Secretary of the Pension Transitional Arrangement Directorate (PTAD) and appointed Miss Tolulope Abiodun Odunaiya as her successor. The announcement was made on Monday through a statement by PTAD spokesperson Olugbenga Ajayi, confirming Miss Odunaiya’s appointment as the new leader of the agency. “We … Read more
Daniel Bwala, the newly appointed Special Adviser to President Bola Tinubu on Media and Public Communications (State House), has formally assumed his duties. Photographs obtained on Monday show Bwala engaging with the State House Press Corps as he commenced his role. EDITOR’S PICKS Trump Taps Fox News Host Pete Hegseth As Defence Secretary Sanwo-Olu … Read more
President Bola Ahmed Tinubu on Sunday conferred the prestigious national honor of Grand Commander of the Order of the Niger (GCON) on Indian Prime Minister Narendra Modi. EKO HOT BLOG reports that the honor was presented during the Nigeria-India Bilateral Meeting held at the Presidential Villa in Abuja. President Tinubu stated that the award symbolizes … Read more
President Bola Tinubu is expected to present the 2025 budget proposal, recently approved by the Federal Executive Council (FEC), to the National Assembly today, Friday, November 15. The federal government has proposed ₦47.9 trillion for the 2025 fiscal year, including ₦9.22 trillion in new borrowing, which was approved during the FEC meeting on Thursday at … Read more
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has responded to criticism from prominent lawyer and activist, Deji Adeyanju, regarding the recent demolitions in Abuja. Naija News recalls that Adeyanju, along with Vincent Martins Otse (also known as VeryDarkMan), led a protest against the demolition of Ruga, a settlement located along Airport Road … Read more
President Bola Tinubu has approved a major policy change, granting ministers of state full authority to oversee the agencies and departments under their control. Under the previous system, permanent secretaries were responsible for sending files related to their respective departments and agencies to senior ministers for final approval. This structure limited the decision-making power of … Read more
The administration of President Bola Tinubu has disbursed funds to address the backlog of salaries owed to the Non-Academic Staff Union (NASU) of Federal Universities, as well as benefits for retirees under the Nigerian Union of Pensioners Contributory Pension Scheme. This financial intervention, confirmed in a statement issued on Saturday by Bawa Mokwa, Director of … Read more
The Bola Ahmed Tinubu administration is set to withdraw the Tax Reform Bills recently presented to the National Assembly following significant backlash, especially from northern governors and traditional rulers. The opposition is largely centered on changes to the Value Added Tax (VAT) distribution model, which many northern leaders argue would disproportionately impact their region. According … Read more
The Nigerian National Petroleum Company Limited (NNPCL) has, for the second time this month, increased the pump price of Premium Motor Spirit, otherwise known as petrol. The latest price hike is coming despite the ongoing economic challenges facing the nation. Reports indicate that residents of Lagos will now pay N1,025 per litre, while those in … Read more
Professor Nentawe Goshwe Yilwatda, the newly nominated Minister of Humanitarian Affairs and Poverty Reduction, has visited former Plateau State Governor, Senator Simon Bako Lalong. This visit comes after Lalong resigned from President Tinubu’s cabinet, where he served as Minister of Labour, Employment, and Productivity, to take up his new role as a Senator in the … Read more
Chief of Staff to President Bola Tinubu, Femi Gbajabiamila, has assured Nigerians that they will soon witness the positive results of the President’s efforts upon his return to the country. EKO HOT BLOG reports that President Tinubu returned to Nigeria on Saturday after a two-week vacation abroad. Speaking to journalists at the airport, Gbajabiamila explained … Read more