News
Tinubu Highlights New Minimum Wage, Student Loans, and Consumer Credit as Reasons to Avoid August Protests

President Bola Ahmed Tinubu has outlined several key achievements as reasons why Nigerians should reconsider participating in the upcoming August 1-10, 2024, protest against economic hardship.
During a recent meeting with a delegation of Islamic leaders led by Sheikh Bala Lau at the State House, Tinubu highlighted the government’s recent initiatives aimed at improving the lives of Nigerians and addressing their grievances.
Tinubu emphasized the commencement of a new student loan scheme, which he described as a significant step towards supporting education by covering school fees for beneficiaries.
Additionally, he pointed out the recent implementation of a new minimum wage, which has been increased to N70,000, marking a more than 100 percent rise from previous levels.
He also mentioned the introduction of a consumer credit initiative designed to help citizens purchase cars and houses with the option to repay gradually.
In his address, Tinubu urged protest organizers to avoid disrupting the country, drawing a comparison to the unrest in Sudan.
He assured that his administration is dedicated to overhauling its social welfare programs to ensure they effectively reach vulnerable populations at the grassroots level.
The President stressed that these measures are part of a broader effort to reconnect with local communities and provide financial support to those in need.
The Nigerian National Assembly recently passed the new Minimum Wage Act, following an agreement between Tinubu and Nigerian workers on the N70,000 minimum wage.
Furthermore, the federal government has begun distributing funds from its N35 billion student loan scheme to 110,000 successful applicants.
This is in addition to the earlier approval of a N100 billion consumer credit program aimed at easing financial pressures on citizens.
News
Peter Obi Celebrates Obasanjo at 88 and Praises His Impact in Nigeria

Former Anambra State governor and 2023 presidential candidate of the Labour Party, Peter Obi, has celebrated Nigeria’s former president, Olusegun Obasanjo, on his 88th birthday.
Obi, in a heartfelt message shared on his X handle, described Obasanjo as a revered elder statesman and father figure whose contributions to Nigeria’s progress remain immense.
The former president, who governed Nigeria first as a military head of state from 1976 to 1979 and later as a democratically elected leader from 1999 to 2007, is widely recognized for major economic and political reforms that shaped the country.
Also, Obi mentioned some of Obasanjo’s achievements during his civilian presidency, noting how Nigeria’s economy grew significantly under his leadership.
According to Obi, when Obasanjo assumed office in 1999, Nigeria’s Gross Domestic Product (GDP) stood at about $59 billion, with a per capita income of around $490, while the country’s foreign debt was approximately $32 billion.
However, by the time he left office in 2007, GDP had risen to $278 billion, per capita income had surged to $1,800, and foreign debt had been drastically reduced to $3.2 billion.
The country’s foreign reserves also saw a major boost, positioning Nigeria as a stronger economic player in Africa.
Obasanjo’s tenure was marked by various policies aimed at economic stabilization and debt relief. One of his most significant achievements was securing a deal with the Paris Club, which led to Nigeria’s debt cancellation, reducing the country’s financial burden.
His administration also introduced reforms in telecommunications, banking, and the oil sector, leading to increased foreign investment and economic expansion.
Beyond economics, Obi praised Obasanjo’s unwavering commitment to Nigeria’s unity and progress, stating that his sacrifices for a better Nigeria and Africa remain remarkable.
The former president has remained active in national and international affairs even after leaving office, often offering advice on governance, democracy, and peacebuilding across the continent.
Concluding his message, Obi wished the former president more healthy, fruitful, and happy years ahead, praying for God’s continued blessings upon his life.
Entertainment
Kate Henshaw Supports Senator Natasha Akpoti-Uduaghan Amid Sexual Harassment Allegations

Nigerian Actress, Kate Henshaw shares insights on the Senator Natasha Akpoti-Uduaghan and Senator Akpabio.
The drama started out when Senator Natasha accused Akpabio of sexual harassment during a meeting.
Kate Henshaw then speaks on the matter and shows her support for Senator Natasha for speaking up. She emphasized that women are strong and Natasha used her voice to speak up.
“We are told we are weak, we are spineless, and cannot think. We accept the new role foisted on us, the subtle submission imposed by religion, by society, by tradition.”
“They tell us we cannot govern, we cannot rule, we cannot make our own decisions. They tell us to shut up and sit down.Women like children are to be seen not heard.”
“Do you not know that in nearly all species, the female is much more deadly than the male? We are the offspring of countless women-warriors!”
Entertainment
Nigerian Entrepreneur Sophie Couture Passes Away, Fans and Family Mourn Her Loss

Popular Nigerian Entrepreneur, Sophie Couture passes away. Fans and friends express grief as they mourn her online.
The heartbreaking news was passed on by her family on Instagram. The family shared a statement with the announcement, however did not disclose the reason for Sophie’s passing.
The family proceeded to ask for support and understanding from fans as they pass through this heartbreaking time.
“With heavy hearts, we share the passing of Sophie, the visionary founder and CEO of Sophie Couture.Though her abscence leaves an immeasurable void, her memory will continue to inspire us, guiding us as we honor her dreams and carry her vision forward.”
“During this time of profund grief,we kindly ask for privacy and understanding as we navivgate the loss.”
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