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Nigeria

Nigeria Secures $2bn Shell Gas Investment for HI Field

Nigeria has secured a $2 billion gas investment from global energy giant Shell for the development of the HI Field, a shallow offshore non-associated gas project located in OML 144. This was announced in a statement by Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, on Tuesday in Abuja. According to the Presidency, the project is expected to produce about 350 million standard cubic feet of gas per day (mmscf/d) from 2028. It represents Nigeria’s second major gas investment in 18 months, reflecting growing global confidence in the country’s energy sector under President Tinubu. With this new project, total upstream investment commitments through Final Investment Decisions (FIDs) have now exceeded $8 billion since Tinubu took office in 2023. Welcoming the development, President Tinubu described the investment as a strong endorsement of his administration’s energy reforms.“This major […]

Abdulmumini Auwal SA October 14, 2025

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Locations

Presidency Refutes Lamido’s Claims on Tinubu’s Role in June 12 Annulment

Presidency Denies Lamido’s Allegations Against Tinubu The Federal Government has rejected claims by former Jigawa State Governor Sule Lamido that President Bola Tinubu supported the annulment of the June 12, 1993 presidential election . In a statement issued by Bayo Onanuga , Special Adviser to the President on Information and Strategy, the Presidency described the allegations as “false” and “revisionist.” Lamido had made the remarks during an interview with Arise TV , where he claimed Tinubu—then a senator under the Social Democratic Party (SDP) —supported General Ibrahim Babangida’s decision to cancel the election won by M.K.O. Abiola . He also alleged that Tinubu’s mother, Alhaja Abibatu Mogaji , mobilized Lagos market women to endorse the annulment. The Presidency strongly denied both claims. “These are distortions of history,” it said. “Mogaji Would Have Lost Her Position” – Presidency The statement noted […]

Ahmad June 22, 2025

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Locations

2027: Presidency Reveals When Tinubu Will Name His Running Mate

Tinubu’s 2027 Running Mate To Be Named After APC Convention – Presidency The presidency has responded to rumors that President Bola Tinubu may replace Vice President Kashim Shettima ahead of the 2027 general elections . Bayo Onanuga , Special Adviser to the President on Information and Strategy, said such claims are baseless and premature. He revealed that any decision on a running mate will be made after the APC holds its national convention in 2026 . “A candidate must emerge before we talk about a running mate,” he said. Onanuga added: “That’s how it happened under President Buhari. First nomination, then vice-presidential pick.” He also noted that the final decision will follow INEC’s official election timetable . No Rift Between Tinubu and Shettima – Onanuga Onanuga dismissed reports of tension between the president and vice president. “There is no existing […]

Ahmad June 20, 2025

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Events

JUST-IN: Tinubu Reschedules Kaduna Trip, To Visit Benue Over Killings

Tinubu Shifts Focus to Benue Amid Escalating Violence President Bola Tinubu has postponed his scheduled visit to Kaduna State and will now travel to Benue State on Wednesday, June 18, 2025 , to address the worsening security crisis. The decision was announced by presidential media aide Bayo Onanuga in a statement issued on Monday evening. This move comes as part of intensified efforts to bring lasting peace to communities affected by recurring attacks and mass killings in the North-central state. President to Meet Stakeholders in Benue According to the statement: “The President’s visit aims to assess firsthand the recurring crisis that has claimed numerous lives and caused widespread destruction.” During the visit, President Tinubu is expected to meet with: Traditional rulers Religious leaders Political leaders Youth groups Community representatives These meetings are intended to foster dialogue and explore long-term solutions […]

Ahmad June 16, 2025

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Lifestyle

 Nigerian Presidency Counters AfDB’s Adesina: “Nigerians Not Better Off in 1960s”

Nigerian Presidency Clashes with AfDB’s Adesina Over “1960s Wealth” Claim The Nigerian Presidency has sharply criticized outgoing African Development Bank (AfDB) President Dr. Akinwumi Adesina for asserting that Nigerians enjoyed higher economic prosperity at independence in 1960 than today. In a rebuttal on social media platform X (formerly Twitter), Presidential Adviser Bayo Onanuga labeled the claim “misleading” and challenged its factual basis, sparking a heated debate over Nigeria’s economic trajectory. The GDP Debate: 1,847vs.1,847vs.93 Per Capita Adesina had cited Nigeria’s GDP per capita decline from 1,847in1960∗∗to∗∗1,847in1960∗∗to∗∗824 in 2024 as evidence of regression. However, Onanuga countered with historical data: 1960 GDP: 4.2billionfor44.9millionpeople→∗∗4.2billionfor44.9millionpeople→∗∗93 per capita** (not $1,847). Post-Independence Growth: Economic expansion surged in the 1970s with oil revenues, peaking at $3,200 per capita in 2014 after GDP rebasing. “No objective observer can claim Nigeria has not progressed since 1960. Our GDP is now at least 50 times larger,” Onanuga argued. Beyond GDP: Measuring Nigeria’s Socioeconomic Progress The […]

Ahmad May 5, 2025

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