Tag: tinubu

President Bola Tinubu has celebrated former Ogun state First Lady, Yeye Olufunke Daniel, on her 60th birthday anniversary.

In a statement issued by his special adviser on media and publicity, Ajuri Ngelale, President Tinubu thanked Yeye Daniel and her family for the all forms of support they have rendered to him over the years.

“President Bola Tinubu extends his warmest congratulations to Yeye Olufunke Daniel as she marks her 60th birthday.

Read Also: Nigeria poised to be Africa’s tech leader, Tinubu tells Meta reps

“President Tinubu celebrates Yeye Daniel on her diamond jubilee, praying for God’s unceasing benevolence on her and her husband, Senator Gbenga Daniel, former Governor of Ogun State.

“The President thanks Mrs Daniel and her family for their prayers and support, as well as for their gestures of faith, trust, and espousal of progressive ideals.

“As Yeye Daniel marks this milestone, President Tinubu wishes her many more years in good health and strength”, the statement said.

The chairman of the House of Representatives committee on judiciary, Oluwole Oke (PDP, Osun) has appealed to President Bola Tinubu to address the infrastructural decay in the nation’s judiciary to enhance quick dispensation of justice.

In a statement on Friday, March 22, in Abuja, Oke, who represents Obokun/Oriade Federal Constituency of Osun state, applauded the president for taking steps to address the welfare of judges in the country through the Judges’ salaries and allowances bill.

He also applauded the Speaker of the House of Representatives, Tajudeen Abbas and the entire members of the House for speedily passing the bill into law to improve the table home package of judicial officers in the country.

When the bill is signed into law, the Chief Justice of Nigeria, Justices of the Supreme Court, President of the Court of Appeal and other categories of judicial officers will be entitled to improve monthly salaries as well as regular and non-regular allowances.

Oke said that with the new development, judicial officers are now better placed to deliver services to the Nigerian people.

“The last time the salaries of judicial officers were reviewed was in 2007. So, we are glad that Mr President, the Speaker, and the Attorney General have heeded our plea and approved new salaries and allowances for them.

Read Also: Nigeria poised to be Africa’s tech leader, Tinubu tells Meta reps

“With this, the nation can be assured of improved dispensation of justice because the welfare of the judicial workforce cannot be dismissed,” the statement read in part.

He however said that with the steps taken to address the welfare of judicial officers, the President should now focus attention on the infrastructure in the nation’s courts.

He said: “The decay in our court premises and residential quarters of our judges need to be looked into. The more we have better infrastructure, the better the readiness of our judicial officers to dispense services to society at large.

“The Court of Appeal is struggling with the management of off-season elections petitions. Tribunals have 20 cases currently ongoing and the judiciary itself does not have adequate manpower. They can’t recruit if they don’t have enough resources to pay them. So, we plead with our beloved President to look at this too”

He also appealed to the President to heed the yearnings of members of the Judiciary Staff Union of Nigeria who have been agitating for better remuneration in the past few years.

He however tasked the Judiciary to continue to perform their job without fear or favour, even as he reminded them not to forget that they remain the representative of God on earth and the last hope of the common man.

President Bola Tinubu has congratulated Africa’s ingenious business leader, Tony Onyemaechi Elumelu, on his birthday, today, Friday, March 22.

In a statement issued by his special adviser on media and publicity, Ajuri Ngelale, President Tinubu lauded the foremost businessman and philanthropist, who chairs Heirs Holdings, Transcorp, United Bank for Africa, and founder of The Tony Elumelu Foundation.

The statement said: “Commending Elumelu for his industry and the uncommon spirit of excellence that governs the entirety of his enterprise, President Tinubu acknowledges the business leader’s streak of genius in driving investments, creating opportunities for Africa’s ebullient youths, and providing them with the support they need to soar.

Read Also: Tinubu: insecurity challenges over soon

“The President thanks Mr. Elumelu, who was named on Time’s list of 100 most influential people in the world in 2020, for his steadfast trust and faith in the certainty of a greater Nigeria and for always projecting the best of our great nation.

“President Tinubu wishes Mr. Elumelu many more years in good health and strength as he persists in his endeavour of contributing substantially to national and continental development.”

The former Lagos State Commissioner for Home Affairs, Alhaji Mohammed Oyinlomo Danmole, has appealed to President Bola Ahmed Tinubu to intervene on the high cost of this year’s hajj.

Danmole said the fare for hajj has gone beyond the reach of intending pilgrims due exchange rate.

According to him, Mr President’s intervention would assist the intending pilgrims to observe the fifth pillar of Islam.

He stated that the President should intervene on the issue of four days deadline given to operators by the National Hajj Commission of Nigeria (NAHCON) by extending it to one more week.

He said in a statement: “As a result of different regimes of rates of exchange given the tour operators and the state pilgrims board, it has become difficult for private tour operators to keep their clients.

Read Also: ACF hails Tinubu for reopening Nigeria’s borders with Niger

“The private operators, who had earlier collected a deposit of N5 million for the hajj exercise while state pilgrims took a deposit of N4.5 million, got a letter from NAHCON on Monday that a total amount of N5,013,473.33 is to be paid for services to rendered by Saudi authorities and Accommodation in Makkah and Madinah. The rate of exchange used in coming to the above cost was based on the rate of N1,625.35 to $1. Suffice to say that the rate of exchange from Monday till today is between 1,400 and 1,450. “There is no transparency in the rate used for state pilgrims which rumour had it that it is at the rate of 850 to a $1. That unexpected high rate of exchange the NAHCON based their calculations on will affect the private operators negative and capable of disrupting the Holy pilgrimage and sending them out of business.

“Your excellency sir, I am sure that you will intervene and put succour and smile in the face of the private operators. Mr President should kindly look into the high level of disparity in the exchange rate regime between the state sponsored pilgrims and those of the private tour operators.”

President Bola Ahmed Tinubu last night reassured Nigerians that an end is in sight for the prevailing security and economic challenges.

They – challenges- will soon be over, Tinubu told members of the National Assembly, who were at the State House for the Iftar (Ramadan fast breaking) yesterday.

Tinubu expressed optimism that the challenges will not defeat Nigeria.

Acknowledging ongoing security concerns, Tinubu praised the armed forces and their leaders for their sacrifices and vowed to uphold their integrity and the country’s sovereignty.

He said: “Yes, we are definitely challenged. The security challenges around us, our armed forces are trying, but we will not allow them to undermine the integrity and the value of our armed forces and the leadership of the armed forces.

“We will continue to encourage and fight for our sovereignty, our individual right to exist, banish poverty from our society.

“The national challenge that we face will be over, the economic challenge, we’re about turning the corner. Our revenue is improving and you can see it reflected in the subnationals. All we have to do is… and manage ourselves much better.

Read Also: Tinubu: security challenges over soon, they can’t defeat us

“The light is on at the end of the tunnel and Nigeria will smile again. I know you share bread without butter, maybe time around we’ll put butter beside your bread.

“The challenges of insecurity will be over, they can’t defeat us; we have to rescue our country. It’s in this freedom and strong determination that we believe we can bring about prosperity to every one of us.

“We’re entitled to it and definitely, I assure you, you will partake in the essence of the prosperity.”

He thanked the Senate for its works, particularly the recent passage of the Students Loan Bill into law.

“I know the arithmetic of the numbers that I brought to the Senate and I know what I got back. I thank all of you for the expeditious handling of the budget”, he said.

Speaking for the first time on the 2024 Budget controversy, he dismissed claims of embellishment as “malicious.”

Akpabio expressed the commitment of lawmakers towards ensuring the Renewed Hope Agenda succeeds.

• ‘Economy already healing’

President Bola Tinubu said last night security and economic challenges will end soon.

The challenges will soon be over, Tinubu told National Assembly members, who were at State House for Iftar to break Ramadan fast.

Tinubu noted the challenges will not defeat Nigeria.

Acknowledging concerns, Tinubu praised the armed forces for their sacrifice, and vowed to uphold Nigeria’s sovereignty.

He said: “Yes, we are challenged. Security challenges around us, our armed forces are trying, but we will not allow them to undermine the integrity and value of our armed forces…

“We will continue to encourage and fight for our sovereignty, our individual right to exist, banish poverty from our society.

“The national challenge we face will be over, the economic challenge, we’re about turning the corner. Our revenue is improving and you can see it reflected in the subnationals. All we have to do is to manage ourselves much better.

Read Also: BREAKING: Tinubu appoints Holloway as Museums, Monuments Commission DG

“There is light at the end of the tunnel, and Nigeria will smile again. I know you share bread without butter, maybe this time around, we’ll put butter beside your bread.

“The challenges of security will be over, they can’t defeat us; we have to rescue our country. It’s in this freedom and strong determination that we believe we can bring about prosperity to everyone.

“We’re entitled to it and I assure you, you will partake in the prosperity.”

He thanked the Senate for its work, particularly in the passage of the Students Loan Bill into law.

“I know the arithmetic of the numbers that I brought to the Senate and I know what I got back. I thank you for the expeditious handling of the budget”, he said.

Speaking for the first time on 2024 Budget controversy, he dismissed claims of embellishment as “malicious.”

Senate President, Godswill Akpabio, expressed the commitment of lawmakers in ensuring that the Renewed Hope Agenda succeeds.

The mouthpiece of northern Nigeria, the Arewa Consultative Forum (ACF), has praised President Bola Ahmed Tinubu and Chairman of the Economic Community of West African States (ECOWAS) for reopening the Nigerian-Niger Republic air and land borders and restoring power supply to the neighbouring country.

A statement by its National Publicity Secretary, Prof. Tukur Muhammad-Baba, reads: “The Arewa Consultative Forum (ACF) warmly welcomes news of order from President Bola Ahmed Tinubu (PBAT) for the reopening of the Nigeria – Niger air and land borders, lifting of economic sanctions, restoration of power supply (to Niger Republic) and other restrictions.

Read Also: Nigeria more transparent than ever, Tinubu tells ISSB boss

“ACF had maintained opposition to the sanctions and the threat of a Nigeria-led ECOWAS military invasion in the wake of a military coup in Niger, which were seen to only serve imperialist and neo-colonial interests, against the complex historical socio-cultural, economic and political ties which pre-dated European colonialism and its imposition of highly arbitrary boundaries.

“The directive from PBAT is a welcome development for Nigeria and Niger, whose border communities had groaned under the sanctions with local economic activities asphyxiated.

“The (border) communities can now look forward to a change in their challenging life conditions consequential to the sanctions. Critical supplies of food, medicines, and electricity will now resume as will air travel operators and passengers see an end to the ordeals while the sanctions lasted.”

President Bola Tinubu said Nigeria has become more transparent that ever, vowing that his administration will be deploying cutting-edge models to achieve financial reporting and process standardisation.

Tinubu also affirmed Nigeria’s commitment to diligently implement world-leading sustainability reporting standards aimed at unlocking capital investments, transforming business models, and safeguarding the environment in the country. 

According to a statement by his Special Adviser on Media and Publicity, Ajuri Ngelale, the President spoke during a meeting at the State House in Abuja, with the Chairman of the International Sustainability Standards Board (ISSB), Mr. Emmanuel Faber.  

The meeting coincided with the launch of Nigeria’s Adoption Readiness Roadmap by the Financial Reporting Council of Nigeria (FRC) in collaboration with ISSB. 

This roadmap aims to guide businesses towards comprehensive sustainability reporting standards.   

Highlighting the importance of compliance within the sustainability agenda, President Tinubu pledged that Nigeria would continue to adhere to international standards and expressed readiness to collaborate with ISSB to effectively harness national resources through reformed and reinforced financial management systems. 

”As an administration, we are committed to adopting cutting-edge models for financial reporting and process standardization. This applies to environmental regulation, where we are on the verge of significantly reducing the volume of gas flaring in the country. 

Read Also: BREAKING: Tinubu appoints Holloway as Museums, Monuments Commission DG

“We are more transparent than ever before, and we are doing everything possible to represent the continent in a way that will be beneficial to humanity as a whole,” the President stated. 

Faber, while recounting Nigeria’s commitment to sustainability reporting, noted that at COP 27 in Sharm el-Sheikh, Egypt, in 2022, Africa’s largest economy had expressed its intent to be among the earliest adopters of rigorous new standards, which is now a reality.

”I am extremely happy to be in Nigeria as the country announces its Adoption Readiness Roadmap. Nigeria is leading the pack in Africa and around the world, and these standards, which Nigeria is willingly adopting, will unlock sustainable capital inflows through foreign direct investments, promote inclusivity in value chains, and facilitate the decarbonization of the national economy,” Mr. Faber said.

Dr. Rabiu Olowo, the Executive Secretary of the Financial Reporting Council of Nigeria (FRC), explained that Nigeria’s decision to join the global baseline for sustainability reporting marks the country as one of the earliest proponents committed to enhancing the transparency of financial information and business performance through sustainable reporting practices.

”The adoption readiness working group is set to pilot our affairs and roadmap to help us succeed on this journey. We are happy to inform the President that the work of the adoption readiness roadmap is ready, and we have the roadmap for businesses to follow. 

“We have five sets of early adopters, and we have a period for voluntary adoption leading up to 2028 for mandatory adoption of the standards,”  Olowo said.