News
Tinubu’s Administration Secures $30 Billion in Foreign Investments

President Bola Tinubu has shared that his administration, in less than two years, has attracted a significant $30 billion in foreign direct investment (FDI) commitments to Nigeria.
Tinubu’s message was conveyed by the National Security Adviser, Nuhu Ribadu, who represented him at the 2024 Comptroller General of Customs (CGC) conference held in Abuja.
Ribadu listed Tinubu’s strategy to transform Nigeria into an attractive investment hub by focusing on policies that promote economic stability and transparency.
“Since taking office, we have worked relentlessly to create an environment where investors feel confident about Nigeria’s future,” Ribadu said on behalf of Tinubu.
“The result is that we have already secured over $30 billion in investment commitments.” This, he pointed out, underscores the administration’s vision to lay a solid economic foundation despite numerous challenges.
The president’s ambitious economic reforms, including the removal of fuel subsidies and the unification of Nigeria’s exchange rate system, have been focal points of his administration.
These measures, Tinubu noted, are intended to foster an environment that is both sustainable and fair, encouraging businesses to thrive in a transparent framework.
Though the reforms have required adjustments and sacrifices from Nigerian citizens, Tinubu argued that they are vital for the country’s long-term development and resilience.
In addition, Ribadu cited Nigeria’s improved stability and the administration’s success in raising crude oil production to 1.8 million barrels per day, a feat that reflects Tinubu’s resolve to reposition Nigeria as a leader in global oil production.
This output, boosted by strengthened security in oil-producing regions and collaborative efforts with local communities, is one of the steps aimed at maximizing Nigeria’s natural resources for economic growth.
News
Fuel Prices in the Philippines Increases Again

Starting April 29, 2025, fuel prices in the Philippines have gone up for the second consecutive week, affecting everyone from drivers to businesses that depend on transportation.
Effective April 29, these are the new fuel prices:
- Gasoline: ₱1.35 more per liter
- Diesel: ₱0.80 more per liter
- Kerosene: ₱0.70 more per liter
These price hikes are expected to hit household budgets, particularly for those who rely on private vehicles or depend on public transport for their daily commute.
Why Are Prices Going Up?
The recent increase in fuel prices comes down to a few key factors:
1. Global Oil Price Fluctuations: The cost of crude oil in the international market plays a major role in local fuel pricing. When global prices rise, local prices tend to follow.
2. Exchange Rate Movements: The strength of the Philippine peso against the US dollar also influences fuel prices, as most of the country’s oil is imported in dollars.
3. Supply Chain Issues: Disruptions in the supply of oil or transportation difficulties can further drive up costs.
These factors combined are making fuel more expensive for everyone, especially in recent weeks.
The rise in fuel prices will have a ripple effect on daily life:
1. Transportation Costs: With higher fuel prices, public transport operators may increase fares, impacting commuters.
2. Rising Prices for Goods: Since transportation costs are tied to the delivery of goods, this price hike may eventually lead to higher prices on groceries, retail items, and services.
3. Impact on Households: Families who use private cars will feel the pinch as they’ll need to spend more on fuel each month.
While there’s no clear indication of when fuel prices might go down, it’s important to stay updated on changes in the global oil market and keep an eye on government measures that could affect future price adjustments.
News
Keyamo Says 2027 Coalition Can’t Unseat Tinubu

Festus Keyamo, the Minister of Aviation and Aerospace Development, believes it’s nearly impossible to remove President Bola Tinubu from power through a coalition in the 2027 elections. Speaking on a live TV program, he dismissed recent coalition talks by some political figures as nothing more than noise, saying they don’t pose any real threat to the ruling All Progressives Congress (APC).
According to him, those pushing the idea of a coalition are underestimating the deep-rooted structure and support base of the APC. “There’s no political tsunami on the way,” he said. “I’ve been part of presidential campaigns. I understand Nigeria’s political landscape. A coalition strong enough to unseat Tinubu just isn’t possible right now.”
His comments were in response to remarks by key opposition voices like Yusuf Datti Baba-Ahmed, Atiku Abubakar, and Nasir El-Rufai, who have been suggesting a united front against Tinubu ahead of 2027. Baba-Ahmed had criticized the current administration for poor governance and urged voters to seek change.
Rumors have also been swirling about a possible merger within the PDP, though many of the party’s governors have denied any involvement. Former Ekiti State Governor Ayo Fayose even described the whole idea as pointless and dead on arrival.
Keyamo made it clear that forming a strong political merger takes time, recalling how long it took for Tinubu and Buhari to build the APC after the 2011 elections. He said those planning a coalition now are either confused about what they want or have already missed the train.
News
Okonkwo Accuses INEC of Manipulating 2023 Election Results

Kenneth Okonkwo, a former spokesperson for the Labour Party’s presidential campaign, has accused the Independent National Electoral Commission (INEC) of manipulating the 2023 election results, claiming that the results Peter Obi received were “written” and allocated to him by the commission.
Speaking on Channels Television’s Sunday Politics, Okonkwo criticized INEC for failing to upload the polling unit results to its portals, as required by law, over two years after the election. He argued that while Obi allegedly won over a million votes in Lagos State, INEC reduced his total, and he claimed that the results from Rivers State were altered to favor the All Progressives Congress (APC).
“There’s no explanation for it until today,” he said. “The results were written and allocated to Obi. Go to Rivers State and check.”
When reminded that the Supreme Court ruling declared Bola Tinubu and the APC as the legitimate winners, Okonkwo dismissed the ruling, explaining that the court only found insufficient evidence to support claims of fraud. “The court is not telling you they didn’t write the results,” he said. “It’s telling you that there was no evidence to prove they did.”
Okonkwo also defended his party’s inability to place polling agents at every polling unit, acknowledging that the law does not expect every party to have the resources for such an extensive operation. He emphasized, however, that if INEC were truly impartial, there would be no need for agents in every unit. “INEC received 400 billion naira to organize the election in Nigeria,” he pointed out.
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