Tinubu seeks N500 billion for palliatives amid fuel subsidy removal
President Bola Tinubu has written to the National Assembly seeking an amendment to the 2022 supplementary appropriation act to source N500 billion for palliatives to cushion the effect of fuel subsidy removal in Nigeria. The president’s letter was read on the floor of the House of Representatives by the speaker,…
Tinubu emerges as new ECOWAS Chairman
President Bola Tinubu of Nigeria has been elected as the new Chairman of the Economic Community of West African States (ECOWAS), a regional organisation of 15 countries in West Africa. Tinubu was unanimously endorsed by his fellow leaders at the 63rd Ordinary Session of the Authority of Heads of State…
Tinubu suspends 5% tax on telecom services, signs four executive orders
President Bola Tinubu has signed four executive orders to suspend some of the tax policies that have been affecting businesses and households in the country. One of the orders suspends the 5% excise tax on telecommunication services as well as the excise duties escalation on locally manufactured products. Another order…
Bank of America applauds Tinubu’s moves
The Bank of America (BOA) has expressed its excitement and support for the early decisions taken by President Bola Tinubu to improve the nation’s economy. The BOA President of International, Bernard Mensah, led a delegation to visit President Tinubu on Tuesday, July 4, 2023, at the Presidential Villa in Abuja….
