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
PDP Expels Ikenga Imo Ugochinyere Over Alleged Anti-Party Activities
The Peoples Democratic Party (PDP) has expelled Ikenga Imo Ugochinyere, the representative of Ideato North/Ideato South Federal Constituency and spokesman of the Coalition of United Political Parties (CUPP), for gross indiscipline, insubordination, and anti-party activities.
The expulsion was confirmed in a statement released on Friday, December 6, by the Imo PDP Publicity Secretary, Lancelot Obiak.
According to the statement, the decision was communicated in a letter from the Ideato LGA chapter of the party, signed by Chairman Hon. ThankGod Okeke and Secretary Onyebuchi Umeh, following a report by the party’s disciplinary committee.
The report, dated November 27, 2024, accused Ugochinyere of misconduct as per Section 57 (1-4) of the PDP constitution. His expulsion followed his suspension at the Umuopia/Umukegwu ward level on October 14, 2024, after he failed to respond to multiple invitations from the ward Executive Committee.
The Ideato North LGA Executive Committee unanimously adopted the disciplinary committee’s findings during a meeting on December 5, 2024, solidifying the decision.
News
“To Win The Premier League, We Need To Run Like Mad Dogs” – Ruben Amorim To Man Utd Players
New Manchester United manager, Ruben Amorim, has sent a clear and intense message to his squad: they must push themselves to the limit if they want any chance of competing for the Premier League title.
Amorim, who took over from Erik ten Hag during the November international break, believes that effort and commitment are non-negotiable for success.
Since stepping into the role, the 39-year-old Portuguese coach has managed only one victory, a commanding 4-0 win over Everton at Old Trafford.
Despite the underwhelming results so far, Amorim is focused on reshaping the team’s mindset and work ethic before fully implementing his tactical vision.
Speaking passionately about his expectations, Amorim emphasized the importance of relentless effort on the pitch.
“We need to sprint back, sprint forward, and fight for every ball. This has to be the foundation,” he explained.
“If the players aren’t ready to give everything, the tactics won’t matter.”
Amorim’s comments highlight his no-nonsense approach. He made it clear that even the most talented players cannot rely solely on skill.
“It doesn’t matter if you have the best starting XI in the world; if you don’t run, you won’t win anything,” he stated.
“To win the Premier League, we need to run like mad dogs. If we’re not willing to do that, we’re not going to succeed.”
News
“I’ve Sacrificed My Career To Help Those Who Cannot Help Themselves” – Pastor Tobi Adegboyega
UK-based Nigerian pastor, Tobi Adegboyega, known for his lavish lifestyle and controversial persona, has revealed that his partner, Mary Olubukola Alade, is the one who financially supports his lifestyle.
Adegboyega, who leads the Salvation Proclaimers Anointed Church (SPAC Nation), made this revelation during a legal battle with the UK immigration authorities.
During his hearing before Judges Bruce and Rastogi, Adegboyega explained that he does not receive any salary from the church.
Instead, his partner Mary, who holds a high-paying job at the insurance company AON and earns £100,000 annually, takes care of his financial needs.
Adegboyega emphasized that his flamboyant appearance, complete with designer clothes and luxury cars, is entirely funded by her earnings.
The pastor’s immigration woes began when it was discovered that he had overstayed his visitor’s visa, which he entered the UK with in 2005.
Despite multiple attempts to remain in the country on human rights grounds, the UK Tribunal ruled for his deportation back to Nigeria.
The court cited that he had no legal right to remain in the UK after his visa expired and that his appeals had failed to meet the required criteria for residency.
Addressing his choice of lifestyle, the 44-year-old pastor defended his need to showcase wealth and success.
He claimed that his flashy image is designed to motivate young people to pursue legitimate ways of making money, such as entrepreneurship.
“I believe it’s crucial to dress well and drive nice cars so young people can see there are lawful ways to achieve success,” he stated.
Adegboyega further explained that despite holding a first-class law degree from Nigeria, he had willingly given up a potential legal career to serve his community through his church.
“I’ve sacrificed my career to help those who cannot help themselves,” he added.
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