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Tinubu Returns To Nigeria After Strengthening Economic Ties With South Africa
President Bola Tinubu has returned to Nigeria after co-chairing the 11th session of the Nigeria-South Africa Bi-National Commission (BNC) in South Africa.
The event, which he led alongside South African President Cyril Ramaphosa, focused on strengthening bilateral relations and fostering cooperation between the two countries.
The presidential jet landed at the Nnamdi Azikiwe International Airport in Abuja at 9:10 pm, where Tinubu was warmly welcomed by key government officials and dignitaries.
Among those present were the Minister of the Federal Capital Territory (FCT), Nyesom Wike, Chief of Staff to the President Femi Gbajabiamila, National Security Adviser Nuhu Ribadu, All Progressives Congress (APC) National Chairman Abdullahi Ganduje, and the FCT Commissioner of Police, Peter Opara.
The Nigeria-South Africa Bi-National Commission, established in 1999, is a strategic platform designed to enhance the relationship between Africa’s two largest economies.
This year’s session featured discussions across eight critical sectors: political consultations, consular and migration affairs, banking and finance, defence and security, manufacturing, the social sector, mines and energy, and trade and investments.
These sectors were addressed through working groups tasked with identifying challenges and opportunities for collaboration.
A highlight of the meeting was the signing of several Memoranda of Understanding (MoUs) and agreements by officials from both nations.
TV anchor Rufai Oseni makes headlines as he speaks on fuel subsidy in Nigeria. He shared that Nigeria can have fuel subsidy without the long queues at filling stations.
“When we were still paying subsidies, there were no long queues. We were subsidising. So you can still have a subsidy regime going on, and there will be no long queues because production was close by. Dangote had it. That’s just it. That argument also falls flat.
“The biggest beneficiaries of subsidy are not Nigerians. They are crony capitalists that have big infrastructure, and they do contracts. They have been the biggest beneficiaries of the subsidy,” he said.
Lagos State Governor, Sanwo-Olu, speaks to those in the electricity sector about the usual blackouts in the state.
He speaks on ways things can change in the state and how electricity can be provided.
“We need to drop corporate egos, abandon long-standing excuses, and confront the harsh realities obstructing progress in the power sector.”
“We, state governments, used to give excuses that everything is centralised, so the Federal Government has unbundled it now. What have we done in a year and a half?” Sanwo-Olu asked.
“We take two steps forward, we go five steps backward,” he said.
Lagos State Governor Babajide Sanwo-Olu has declared Thursday, August 20, a work-free day for public servants in the state to mark the Isese Festival.
Speaking on the celebration, he said “Ìṣẹ̀ṣe is not a relic. It is a living expression of our traditions and a celebration of Yoruba spirituality as an important part of Nigeria’s cultural and religious landscape,” he said.
He added “When the drums sound in Lagos on Thursday, they answer drums in Havana, in Salvador, in Port of Spain. Fifty-five million people and counting. Lagos is not observing a local holiday. Lagos is standing at the centre of a global heritage,” Aregbe said.
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