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Nigeria

Kalu Applauds Tinubu’s Courage, Rallies Support for Renewed Hope Agenda

Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Kalu, has commended President Bola Ahmed Tinubu's courage in pushing through difficult economic reforms and rallied support for the Renewed Hope Agenda. Kalu said the Renewed Hope Agenda is already delivering tangible results across key sectors of the country, highlighting significant achievements in economic revitalization, social welfare, security, and national development. He made the declaration while inaugurating over 20,000 new members of the Renewed Hope Partners (RHP) in Bende, Abia State. Speaking at the event, Kalu emphasized that the Renewed Hope Agenda is "not just a slogan, but a comprehensive blueprint for Nigeria's progress," citing achievements in economic growth, inflation control, infrastructure, and national inclusion. He noted that Nigeria recorded 3.84% GDP growth in Q4 2024, with annual growth rising to 3.40% in 2024 from 2.74% in 2023. Kalu urged […]

Abdulmumini Auwal SA May 30, 2026

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Nigeria

S&P upgrades Nigeria’s credit rating to ‘B’, cites economic reforms, FX gains

S&P Global Ratings has upgraded Nigeria’s long-term foreign and local currency sovereign credit ratings to ‘B’ from ‘B-’, in what marks the country’s first ratings upgrade by the agency in about 14 years. The outlook on the ratings is stable, while the short-term sovereign ratings were affirmed at ‘B’. In its latest review, S&P said Nigeria’s creditworthiness has improved on the back of President Bola Tinubu’s sustained economic reforms, including FX market liberalisation, subsidy removal and efforts to boost non-oil revenues. The agency noted that the unification and flexibilisation of the exchange rate have bolstered access to foreign currency and supported a more market-driven FX environment. S&P also cited recovering oil production, higher fiscal revenues and rising external reserves as key factors behind the upgrade. It pointed to improved external buffers helped by better FX liquidity, inflows from multilateral lenders […]

Abdulmumini Auwal SA May 16, 2026

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Nigeria

Tinubu: Nigeria attracted $20bn foreign investments this year

President Bola Tinubu has disclosed that Nigeria has attracted around $20bn in foreign investments so far this year. He said the inflows reflect growing investor confidence in his administration’s economic reforms despite global uncertainty. Tinubu highlighted recent commitments by multinational firms and development finance institutions across sectors such as energy, infrastructure, manufacturing and technology. According to him, these pledges are already translating into concrete projects that will create jobs and boost productivity. The President noted that his government’s decision to unify the exchange rate, phase out fuel subsidies and streamline business regulations has sent a strong signal to the international community. He maintained that while the reforms have been painful in the short term, they are necessary to reposition Nigeria for long-term, private sector–driven growth. Tinubu also assured both local and foreign investors that his administration will continue to tackle […]

Abdulmumini Auwal SA May 15, 2026

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new africa

Tinubu to visit France, Kenya, Rwanda for strategic summits

President Bola Ahmed Tinubu will on Saturday, May 2, depart Abuja on a three nation diplomatic trip to France, Kenya and Rwanda aimed at deepening Nigeria’s global partnerships and attracting investment. The visit will focus on economic growth, climate action, digital transformation and high level business engagement. According to a statement by his Special Adviser on Information and Strategy, Bayo Onanuga, Tinubu’s first stop will be in France. From there, he will proceed to Nairobi, Kenya, to participate in the Africa France Summit scheduled for May 11 to 12. The summit, co chaired by French President Emmanuel Macron and Kenyan President William Ruto, is themed “Africa Forward: Africa France Partnerships for Innovation and Growth.” It will address energy transition, green industrialisation, digital transformation, climate action and the restructuring of the global financing system. The Presidency said Tinubu will use the […]

Abdulmumini Auwal SA May 2, 2026

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Nigeria

CBN deputy governor hails Tinubu’s reforms, FG–CBN synergy at UNIUYO convocation

Deputy Governor of the Central Bank of Nigeria (CBN), Emem Usoro, has praised President Bola Tinubu’s economic reforms and the strengthened collaboration between the Federal Government and the apex bank, saying the partnership is helping to build a more resilient economy.​ Usoro spoke at the weekend in Uyo after she was conferred with an honorary Doctor of Business Administration degree during the combined 10th, 11th and 12th convocation ceremony of the University of Uyo. She told the graduating students that the CBN is actively implementing policies to stabilise the economy, avert crises and create opportunities for young Nigerians.​ “At the Central Bank of Nigeria, we are working to build a resilient economy that will support your aspirations and position you within a global economy filled with opportunities,” she said. Usoro explained that, in close collaboration with the Federal Government, the […]

Abdulmumini Auwal SA April 26, 2026

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Nigeria

Baba Ahmed says Tinubu is disconnected from Nigerians’ hardship

Hakeem Baba Ahmed, former Special Adviser on political matters to Vice President Kashim Shettima, says President Bola Tinubu is disconnected from the hardship many Nigerians are facing.​ Speaking on The Morning Show, he faulted Tinubu’s recent remarks suggesting that those who do not see progress under his administration are biased or unable to recognise development. The president had joked that critics who cannot see hope in his policies may need “jigi bola” eyeglasses.​ Baba Ahmed said such comments raise serious questions about how aware the government is of current economic and security realities. He argued that no leader living in Nigeria and seeing the level of poverty and lack of accountability should expect citizens to applaud their performance.​ The national chairman of the Peoples Redemption Party insisted that the administration’s reforms have not translated into better living conditions. According to […]

Abdulmumini Auwal SA April 20, 2026

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Nigeria

Tinubu doing well across key sectors, says Gowon

Former Head of State, General Yakubu Gowon (retd.), has praised President Bola Tinubu’s performance, saying the administration is doing well across key sectors of national life.​He spoke with State House correspondents after a private meeting with the President at the Presidential Villa in Abuja. Gowon said his visit was to greet the President and thank him for the efforts being made to move the country forward.​According to him, the government is working in political, economic and social areas, as well as in tackling security challenges.​ He acknowledged that Nigerians are facing difficulties but urged citizens to be patient and give the administration time for its reforms to yield fuller results.He added that it is too early to expect all problems to be solved, noting that major policy changes usually take time to reflect in people’s daily lives. Gowon encouraged Nigerians […]

Abdulmumini Auwal SA March 15, 2026

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Nigeria

Tinubu to opposition: Elections not won on social media

President Bola Tinubu has told opposition figures and party supporters that elections are decided by voters in communities, not by debates on social media. He spoke through Vice President Kashim Shettima at the Progressive Governors’ Forum and Renewed Hope Ambassadors Strategic Summit in Abuja.​ Tinubu urged members of the All Progressives Congress to take government policies and messages directly to wards, markets, campuses and other grassroots areas. He said this face to face engagement is vital for countering misinformation and building trust ahead of the 2027 elections.​ The President also called for peace within the party in Benue State. He appealed to Secretary to the Government of the Federation, Senator George Akume, to reconcile with Governor Hyacinth Alia so that APC leaders in the state can work together on security and development.​ Tinubu praised Akume’s long public service career and […]

Abdulmumini Auwal SA February 25, 2026

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Nigeria

Tinubu’s foreign trips strengthening Nigeria’s global partnerships – Yilwatda

All Progressives Congress (APC) National Chairman, Prof. Nentawe Yilwatda, says President Bola Tinubu’s foreign travels and meetings with world leaders have significantly strengthened Nigeria’s global partnerships and attracted major investment commitments.​ In a statement by his Special Adviser on Media and Communications Strategy, Abimbola Tooki, Yilwatda said Tinubu’s trips are “purposeful actions” focused on economic cooperation, trade expansion and strategic alliances, not mere ceremonial visits. He noted that since taking office in May 2023, the president has visited key countries across Africa, Europe, the Middle East, Asia and the Americas, including the US, UK, France, Germany, China, India, Saudi Arabia, Qatar and Brazil.​ According to Yilwatda, these engagements have helped reposition Nigeria on the global stage and yielded “sustained diplomatic and economic outreach” with measurable gains. He stated that Nigeria has secured over 50 billion dollars in foreign direct investment […]

Abdulmumini Auwal SA February 3, 2026

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Nigeria

Tinubu’s Reforms Deepening Poverty, Says Peter Obi

Former Anambra State Governor and Labour Party presidential candidate, Peter Obi, has criticised President Bola Tinubu’s administration, saying its much-publicised economic reforms are failing to lift Nigerians out of poverty. Obi’s comments followed a World Bank report released on October 8, 2025, which revealed that 139 million Nigerians now live below the poverty line—an increase from 87 million in 2023. In a post on X (formerly Twitter) on Tuesday, Obi described the figures as a “heartbreaking reflection” of how poorly the government’s policies have performed. “What this means is that in two years under the watch of the APC regime, over 50 million Nigerians were sent into poverty,” Obi wrote.“This is a heartbreaking reflection of how deeply our nation is failing its citizens.” He expressed concern that instead of treating the report as a wake-up call, the government dismissed it, […]

Abdulmumini Auwal SA October 14, 2025

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