Connect with us

News

Tinubu Congratulates Dangote on Appointment to World Bank’s Investment Lab

Published

on

Photo source: Google

President Bola Tinubu has congratulated Africa’s wealthiest man, Alhaji Aliko Dangote, on his appointment to the World Bank’s Private Sector Investment Lab. This is a body focused on driving investment and job creation in emerging economies.

Tinubu praised Dangote’s extensive experience in the private sector. He highlighted his strategic investments and the thousands of jobs created through his conglomerate, Dangote Group. He emphasized that Dangote’s appointment was well-deserved given the group’s rise to prominence, spanning industries like cement, fertilizer, salt, sugar, oil, and gas.

Tinubu also noted that Dangote’s $20 billion Petroleum Refinery and Petrochemicals project is the most ambitious and significant private investment in Africa. He encouraged Dangote to bring his innovative ideas to his new role at the World Bank. Also, he encouraged him to help shape impactful initiatives for emerging markets globally.

Dangote was announced as part of the World Bank’s expanded Private Sector Investment Lab on Wednesday.  Joining other business leaders such as Bill Anderson (CEO of Bayer AG), Sunil Bharti Mittal (Chair of Bharti Enterprises).  Lastly, Mark Hoplamazian (President and CEO of Hyatt Hotels). The expanded lab aims to attract private capital and create jobs in developing economies. In addition, to support the World Bank’s goal of global job creation as a key focus for development.


 

Advertisement

News

Tinubu to Sign Four Tax Bills to Cut Taxes, Help Nigerians and Small Businesses

Published

on

Photo source: Google

President Bola Ahmed Tinubu says Nigeria is set for a major economic shift as he prepares to sign four significant tax bills into law. In a post shared on his official X account Thursday, Tinubu explained that the new tax reforms are designed to do more than just tidy up tax laws, they are aimed at providing real relief to ordinary Nigerians.

“In the next few hours, I will be signing four major tax reform bills into law, marking a bold new chapter for our economy,” he stated. He noted that the reforms would introduce the first major tax cuts in years, with benefits focused on low-income earners, small business owners, and families struggling to keep up with daily living costs.

The tax bills include the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill. Tinubu explained that these new laws will help bring together Nigeria’s scattered tax system, reduce waste, cut unnecessary processes, boost investor confidence, and ensure better transparency and coordination across all levels of government.


 

Continue Reading

News

Iran Threatens More Strikes on US After Qatar Attack and Gaza Crisis

Published

on

Photo source: Google

Tensions in the Middle East have taken another dangerous turn as Iran’s Supreme Leader, Ayatollah Ali Khamenei, issued a strong warning to the United States, making it clear that Iran is ready to strike again if provoked. His statement comes days after Iran launched missiles at a U.S. military base in Qatar, which he described as a clear message and a victory for Iran in what he called an ongoing battle for respect and sovereignty.

Khamenei, in his first speech since the latest round of attacks, dismissed reports claiming that Iran’s nuclear program had been crippled by U.S. airstrikes. He insisted that Iran’s capabilities remain intact and that the American attacks failed to achieve their goals. According to him, the missile strike on Al Udeid Air Base in Qatar, a key U.S. military hub, wasn’t a retaliation but a calculated warning meant to show Washington that Iran will defend itself when pushed.

“If they attack again, they will face consequences far beyond what they’ve seen,” Khamenei stated firmly, making it clear that Iran’s military is prepared to escalate the situation if necessary.

Meanwhile, Iran’s parliament is wasting no time. Lawmakers have already moved to reduce the country’s cooperation with the International Atomic Energy Agency (IAEA). This comes after growing frustration in Tehran that international bodies, especially the UN nuclear watchdog, have failed to condemn the U.S. strikes on Iran’s nuclear sites.


 

Advertisement
Continue Reading

News

Tinubu Assures Nigerians that he will Fulfill all the Promises he Made

Published

on

Photo source: Google

President Bola Tinubu has assured the people of Nasarawa State and Nigerians at large that his government remains committed to delivering on all promises under the Renewed Hope Agenda. Tinubu made this known during his visit to the Emir of Lafia, Justice Sidi Bage Muhammad, at his palace, where he pledged continued federal support for key developmental projects in Nasarawa, especially in the solid minerals and agriculture sectors.

The president also commended Governor Abdullahi Sule for his responsible management of state resources, noting that it has earned the trust of both the Federal Government and investors. Speaking at the Emir’s palace, Tinubu expressed excitement about returning to Nasarawa, recalling the Emir’s prediction during the 2023 campaigns that he would return as Nigeria’s president.

“Thank you for your foresight and your unwavering commitment to Nigeria’s progress,” Tinubu said. He described Nasarawa as peaceful, stable, and steadily growing, giving credit to Governor Sule and the state’s traditional rulers for their efforts. Tinubu assured that he would continue working hard to deliver on the Renewed Hope Agenda, which focuses on creating a better future for young Nigerians and generations to come.


 

Continue Reading

Trending