Nigeria Receives An Economic Lifeline Of $2.25bn From World Bank

Eko Hot Blog reports that the minister of finance and coordinating minister of the economy Wale Edun, announced that the World Bank has approved two major “financial support packages” for Nigeria, totaling $2.25 billion. According to a statement on Thursday, this is part of President Tinubu’s ongoing efforts to stabilise the economy, reposition it for … Read more

JUST IN: Tinubu Appoints Maduekwe, Unveils New Climate Change Council Leadership

Tinubu

Eko Hot Blog reports that President Bola Tinubu has approved the appointment of Dr. Nkiruka Maduekwe as the Director-General/Chief Executive Officer of the National Council on Climate Change (NCCC) in interim capacity, pending the confirmation of her appointment by the NCCC Supervisory Council. The Special Adviser on Media and Publicity to the President Ajuri Ngelale, … Read more

FG Prohibits Lodging Of Underage Girls In Hotels

Minister

Eko Hot Blog reports that the Federal Government has prohibited hoteliers nationwide from allowing teenagers and underage girls to stay in their facilities. The Minister of Women Affairs, Uju Kennedy-Ohanenye, read the riot acts on Saturday at the ‘Unlock Training and Grants’ ceremony in Abuja. The Senior Special Assistant to the President on Technical, Vocational … Read more

Presidency Reveals Tinubu’s Official Position On Fuel Subsidy, Tariffs

Students Loan

Eko Hot Blog reports that the presidency has on Thursday has declared that some leaked documents on fiscal policy proposals by the federal government, which have gone viral on social media do not reflect the official position of the government on such matters. The presidency, in a statement issued by the Special Adviser to President … Read more

Ohanaeze Lauds Tinubu’s Achievements, Issues New Demand On One-Year Anniversary

Eko Hot Blog reports that the Apex Igbo socio-cultural organisation, Ohanaeze Ndigbo has described the first year of President Bola Tinubu’s administration as a period of progress and development. The group claimed that during the administration of former president, Muhammadu Buhari, the South-East region faced deliberate economic suppression, leading to strife and insecurity. They, however, … Read more

LG Autonomy, Policies: Afenifere Cheers Tinubu On

Eko Hot Blog reports that the esteemed leader of Afenifere, the prominent pan-Yoruba socio-cultural and socio-political organization, Chief Reuben Famuyide Fasoranti, has publicly endorsed President Bola Ahmed Tinubu’s decision to grant full autonomy to the 774 local government areas across Nigeria. This endorsement came as part of a congratulatory message delivered on the occasion of … Read more

BREAKING: Tinubu Govt Drags Governors To Court Over LG Autonomy

Tinubu

Eko Hot Blog reports that the Federal Government has sued the Governors of the 36 States of the Federation at the Supreme Court over alleged misconduct in the administration of Local Government Areas (LGAs). In the suit marked SC/CV/343/2024, filed by the Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi (SAN) … Read more

Ali Pate Reels Out One Year Achievements As Health Minister

Eko Hot Blog reports that the Minister of Health and Social Welfare Prof Muhammad Ali Pate has presented a comprehensive one-year scorecard detailing the significant strides made under his leadership in Nigeria’s health sector. The Minister made the presentation at a press briefing, held at Radio House Abuja on Friday. He highlighted numerous initiatives and … Read more

BREAKING: ASUU Announces Fresh Nationwide Strike

Eko Hot Blog reports that the Academic Staff Union of Universities (ASUU) has threatened to embark on a fresh nationwide strike action except the government responds to its demands. The president of ASUU, Professor Emmanuel Osodeke, issued the warning at a press conference on Tuesday at the ASUU national headquarters in Abuja. He blamed the … Read more

Tinubu, Shettima, Others To Pay Toll Charges At Airport Gates

Eko Hot Blog reports that President Bola Tinubu and Vice-President Kashim Shettima will now pay the required toll whenever they use the gates at airports. Festus Keyamo, minister of aviation, announced this to journalists after the federal executive council (FEC) meeting chaired by Tinubu at the presidential villa in Abuja on Tuesday. Keyamo said he … Read more

FG Vows To Weed Out Fake Certificate Holders Across Public, Private Sectors

Fake Certificate

FG Vows To Weed Out Fake Certificate Holders Across Public, Private Sectors. Minister of Education, Tahir Mamman, received findings of investigative committee on degree certificate fraud. Committee highlights low standards, urges digitization of systems, and calls for thorough scrutiny of institutions. EKO HOT BLOG reports that the Federal Government, under the leadership of Bola Tinubu, has … Read more

Umahi Slams Peter Obi For ‘Inciting’ Igbos Over Coastal Highway Project

Umahi Slams Peter Obi For 'Inciting' Igbos Over Coastal Highway Project

Umahi Accuses Peter Obi of Inciting Igbos Against Tinubu Govt Alleges Obi Misleading Southeast Over Lagos-Calabar Highway Project Claims Obi Won’t Fight for Those He Misguides Eko Hot Blog reports that the Minister of Works, Dave Umahi, has leveled accusations against the 2023 presidential candidate of the Labour Party (LP), Peter Obi, alleging that he … Read more

Nigeria Wins Big As Tinubu Lands $600 Million Seaport Investment

Eko Hot Blog reports that President Bola Tinubu, on Sunday, secured an investment of $600 million from a Danish shipping and logistics company, A.P. Moller-Maersk. The Nigerian leader secured the investment during a meeting with the Chairman of A.P Moller-Maersk, Robert Maersk Uggla, during a meeting on the sidelines of the World Economic Forum Special … Read more

BREAKING: Jim Ovia Lands Key Appointment In Tinubu’s Govt

Eko Hot Blog reports that President Bola Tinubu has appointed Jim Ovia, the founder of Zenith Bank, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND). A statement on Friday by presidential spokesperson, Ajuri Ngelale, confirmed Ovia’s appointment. Editor’s Picks  BREAKING: Shocking Murder Of Military Commander Rocks Katsina Oyo LG Poll: … Read more

Tinubu Approves Consumer Credit Scheme Takeoff (See Details)

Solid Minerals

Eko Hot Blog reports that President Bola Tinubu has approved the takeoff of the first phase of the Consumer Credit Scheme (CCS). According to a statement by Presidential spokesman, Ajuri Ngelale, consumer credit serves as the lifeblood of modern economies, enabling citizens to enhance their quality of life by accessing goods and services upfront, paying … Read more

BREAKING: Dangote Slashes Diesel Price, Aviation Fuel Below ₦1,000

Eko Hot Blog reports that Dangote Petroleum Refinery has announced a new selling price for its diesel and aviation fuel. The company disclosed that diesel will now sell at ₦940 per litre while aviation fuel will sell at ₦980 per litre. Editor’s Picks  CBN Sells Fresh Dollars To BDC Operators At ₦1,021/$1 BREAKING: Dangote Slashes … Read more

Tinubu Govt Has Not Borrowed From CBN — Finance Minister

borrowed from CBN

Tinubu-led govt hasn’t borrowed from CBN since assuming office. Finance Minister emphasizes commitment to using ‘Ways and Means’ to manage liquidity. Plans for tax reforms to boost revenue and address low tax-to-GDP ratio outlined. EKO HOT BLOG reports that Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said the Bola Tinubu-led Federal … Read more

Tinubu Approves Skill Development Support For Teachers Nationwide

Terrorism

Eko Hot Blog reports that President Bola Tinubu has approved system-wide policies to comprehensively overhaul the education sector to improve learning and skill development In a statement on Thursday, the presidential spokesman, Ajuri Ngelale said the policies will increase enrolment, and ensure the academic security of the nation’s children. Editor’s Picks  IGP Compounds Yahaya Bello’s … Read more

FG Gives Fresh Update On Land Borders Reopening

Petroleum

Eko Hot Blog reports that the federal government of Nigeria has disclosed that discussions and negotiations are ongoing regarding the reopening of land borders with the Benin Republic and Niger Republic. The Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, disclosed this to newsmen after the inauguration of the National Single Window Project at … Read more