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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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Nigeria

US Genocide Debate Tied to FG’s Failure on Insecurity – Hashim

Former presidential candidate and Peoples Democratic Party (PDP) chieftain, Dr. Gbenga Hashim, has criticised the federal government for what he described as its “shamefully political and dangerously unserious” handling of Nigeria’s worsening insecurity. In a statement released over the weekend, Hashim accused the government of prioritising propaganda and political maneuvering over genuine efforts to protect citizens from terrorists and bandits. “This government treats the blood of innocent Nigerians like a campaign statistic,” he said. “Instead of confronting terrorists and bandits, they issue empty statements and blame imaginary enemies. Governance is not propaganda.” Hashim alleged that the ruling All Progressives Congress (APC) was more focused on gaining political advantage ahead of the 2027 elections than securing the country. “Rather than uniting the nation, the APC is pitching the South against the North,” he added. He linked the recent move by the […]

Abdulmumini Auwal SA October 13, 2025

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Nigeria

Local Investors Miss Out on Nigeria’s N4.8trn Non-Oil Boom

Nigeria’s non-oil export sector has seen rapid growth, but local investors are losing out to foreign players—mainly from India, China, Lebanon, and Vietnam—who now dominate the trade. According to reports from the National Bureau of Statistics (NBS) and the Nigerian Export Promotion Council (NEPC), non-oil export earnings surged to N4.8 trillion in the first half of 2025, a 391% rise from N977 billion in the same period of 2021. NEPC described this growth as evidence of President Bola Tinubu’s “Renewed Hope Agenda.” However, local industry stakeholders say the numbers hide deep challenges. Many argue that the benefits of this diversification are being lost to foreign operators who have stronger financial backing and easier access to funding. Dr. Ojo Ajanaku, President of the National Cashew Association of Nigeria (NCAN), said local exporters are struggling with limited access to loans and high […]

Abdulmumini Auwal SA October 13, 2025

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Nigeria

Presidency Rejects World Bank’s Poverty Report on Nigeria

The Nigerian Presidency has rejected a recent World Bank report estimating that 139 million Nigerians are living in poverty, calling the figure "unrealistic." In a statement, President Bola Tinubu's media adviser, Sunday Dare, argued that the World Bank's model uses a global poverty line of $2.15 per day, which, when converted, amounts to nearly ₦100,000 per month. He pointed out that this is higher than Nigeria's new minimum wage of ₦70,000, making the metric an "analytical construct" rather than a true reflection of local realities. The Presidency emphasized that the government is focused on its reform trajectory and social programs, such as expanded cash transfers and infrastructure funds, to drive inclusive growth. It stated that what matters is the direction of the economy, not a static figure based on outdated consumption data. While the World Bank commended Nigeria's bold economic […]

Abdulmumini Auwal SA October 9, 2025

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Nigeria

Tinubu: Why I Never Tried to Convert My Pastor Wife

President Bola Tinubu has called for religious tolerance, using his own marriage as an example of peaceful coexistence. He revealed that he has never tried to convert his wife, Senator Oluremi Tinubu, who is a Christian pastor, to Islam. Speaking at a funeral in Jos, Plateau State, the President stated, "I inherited Islam from my family... but my wife is a pastor and she prays for me at all times. I have never convinced or converted her; I believe in the freedom of religion." He emphasized that despite their different faiths, they pray to the same God and that love for others is what truly matters. Tinubu urged Nigerians to shun religious and ethnic differences, declaring that his mission is to unite the country and ensure its prosperity. The President also assured Christian leaders in the North of his administration's […]

Abdulmumini Auwal SA October 5, 2025

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Nigeria

‘We’re Racing Against Time’: Full Text of President Tinubu’s 65th Independence Day Speech

President Bola Ahmed Tinubu on Tuesday addressed Nigerians to mark the country’s 65th Independence anniversary, delivering a wide-ranging speech that reflected on the nation’s past, outlined his administration’s economic and social reforms, and offered a message of hope for the future. Tinubu recalled the sacrifices of Nigeria’s founding fathers — including Herbert Macaulay, Nnamdi Azikiwe, Obafemi Awolowo, Ahmadu Bello, and Funmilayo Ransome-Kuti — who envisioned a strong, prosperous, and united Nigeria. He noted that, despite challenges such as civil war, dictatorship, and political crises, the country had made significant progress in education, healthcare, infrastructure, and economic growth since 1960. The president stressed that his administration inherited a near-collapsed economy but chose the “path of reform” over “business as usual.” He highlighted key policy moves, including ending fuel subsidies, unifying foreign exchange rates, and investing in infrastructure, agriculture, and social programmes. […]

Abdulmumini Auwal SA October 1, 2025

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Nigeria

Ndume Urges Tinubu to Act Like a Dictator to End PENGASSAN–Dangote Refinery Dispute

Senator Ali Ndume has urged President Bola Tinubu to take decisive action — even if it means acting like a dictator — to resolve the escalating standoff between the Dangote Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). Ndume, who represents Borno South, made the call on Monday during an interview on Arise Television’s Prime Time. “The best thing is for the president to sign an executive order calling them off. He has the right to dissolve them. In this case, I don’t mind if he acts like a dictator because some situations require very drastic measures,” he said. The crisis began after PENGASSAN accused the Dangote Refinery of unlawfully sacking 800 workers for joining the union. On Saturday, the association directed its members nationwide to down tools, calling the move a violation of Nigeria’s […]

Abdulmumini Auwal SA September 30, 2025

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Nigeria

FG Secures N250bn for Kaduna, Kano Light Rail Projects

The Federal Government has secured N250 billion to fund light rail projects in Kaduna and Kano States, the Minister of Information and National Orientation, Alhaji Mohammed Idris, announced on Monday in Abuja. Speaking at a world press conference, Idris said President Bola Tinubu’s administration is committed to balanced and inclusive development across all regions. He explained that N150 billion has been secured for the Kano project, while N100 billion is allocated to Kaduna. “Contrary to the perception in some quarters, this administration has demonstrated uncommon commitment to equitable development since assuming office,” Idris said. “No zone is taking a back seat. Every region is benefitting.” The minister added that local governments are being fiscally reintegrated with financial autonomy to boost grassroots development. He further noted that state governments now receive significantly higher allocations from the federation account, thanks to savings […]

Abdulmumini Auwal SA September 29, 2025

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Nigeria

Tax Reforms Will Grow Nigeria’s Budget Fivefold — Speaker Abbas

Speaker of the House of Representatives, Tajudeen Abbas, says President Bola Tinubu’s tax reforms will dramatically expand Nigeria’s revenue base, projecting that the national budget could grow to five times its current size within the next two years. Abbas made the remarks in Abuja during “An Evening with 004,” an informal youth engagement organised by the Office of the National Youth Leader of the All Progressives Congress (APC). According to a statement by his Chief Press Secretary, Leke Baiyewu, the Speaker said the Federal Government’s ongoing efforts to block revenue leakages and strengthen tax compliance will allow for more robust funding of critical projects and services. “One thing I want you to go home with is that Mr President and the National Assembly have crossed a major hurdle that has been bedevilling our budgets — paucity of revenue,” Abbas told […]

Abdulmumini Auwal SA September 29, 2025

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new africa

ECOWAS Parliament Approves UA19.6m Budget for 2026, Focuses on AI and Governance

The ECOWAS Parliament has adopted a UA19,636,030 budget (approx. $26 million) for the 2026 financial year, with a strong focus on deploying Artificial Intelligence (AI) to improve legislation, strengthen governance, and enhance accountability across West Africa. Speaker of the Parliament, Hadjia Memounatou Ibrahima, announced the resolution on Saturday during the closing of the 2025 Second Extraordinary Session in Port Harcourt, Rivers State. She described the budget as “the engine of our commitment to the people of West Africa,” emphasizing that it will allow the Parliament to implement outcomes from its AI seminar while ensuring transparent management of public funds. The 2026 budget represents a 5% increase compared to 2025, rising by UA939,233 from last year’s UA18,996,897. Of the total, UA19,368,394 (98.64%) will come from the Community Levy, while UA257,636 (1.36%) will be sourced elsewhere. Despite the upward adjustment, concerns remain […]

Abdulmumini Auwal SA September 28, 2025

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