Nigerian Government

  “Abandoning the post-independence anthem, which arguably evoked a strong spirit of patriotism and brotherliness, to compose a very drab replacement, is far less inspirational,” Mr Tinubu said during a speech at the Nigerian Institute of Policy and Strategic Studies, NIPSS, Kuru, Jos, Plateau State. PEGASUS REPORTERS, LAGOS | MAY 24, 2024 The old National Anthem, “Nigeria We Hail Thee” ...

  “I tried to advise the President not to believe in rumours but he fired back, “Don’t you know that Chief Abiola has already compiled a list of officers he would retire? Don’t you know that he has Yorubas he wants to put in their place? Don’t you know he wants to move Abuja?” The President went on, “Don’t you ...

  “The partnership will incorporate a specialized framework utilizing a special-purpose vehicle (SPV) owned by the Nigeria Sovereign Investment Authority. This structure will enable institutional investors to provide sustainable long-term financing with robust oversight, reducing risks associated with large-scale government projects” PEGASUS REPORTERS, LAGOS | MAY 17, 2024 The Federal Executive Council has approved an initiative aimed at transforming the ...

  “The total estimated cost of the 700km Lagos-Calabar Coastal Road project is put at N15.6 trillion. The funding model for the Lagos-Calabar coastal road project is EPC+ (Engineering, Procurement, Construction, and Financing) where the federal government would put up a counterpart financing of around 30% while the contractor funds the remainder” PEGASUS REPORTERS, LAGOS | MAY 8, 2024 The ...

  “We have decades of research experience. I pity the information minister because he doesn’t know what takes place behind the scenes. Prof. Abubakar Siddique, Director, Centre for Democratic Development, Research, and Training, Zaria” PEGASUS REPORTERS, LAGOS | MAY 8, 2024 In the heat of public debate as to whether the Tinubu government has bought into the idea of allowing ...

  “Njoku added that the government has also approved increases in pension of between 20% and 28% for pensioners on the Defined Benefits Scheme with respect to the above-mentioned six consolidated salary structures with effect from 1st January 2024” PEGASUS REPORTERS, LAGOS | MAY 1, 2024 President Bola Ahmed Tinubu has approved a substantial increase in salary ranging from 25% ...

  “Hammed Fashola, the National Vice President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), has expressed optimism that the fuel queues in Lagos and Ogun will diminish this week, based on assurances from the NNPC but cautioned that the queues in Abuja might persist longer because of the distance from Lagos.” PEGASUS REPORTERS, LAGOS | MAY 1, 2024 ...

  “The President believes Mr. Ovia will bring his immense wealth of experience and professional stature to this role to advance the all-important vision of ensuring that no Nigerian student suffers a capricious end to their pursuit of higher education over a lack of funds…” PEGASUS REPORTERS, LAGOS | APRIL 27, 2024 President Bola Tinubu has approved the appointment of ...

  “According to Adebayo, his ministry is working with the Nigerian Electricity Regulatory Commission (NERC) to revoke underperforming licenses and also change the management board of the DisCos that are found wanting in discharging their functions.” PEGASUS REPORTERS, LAGOS | APRIL 24, 2024 The Federal Government has concluded plans sell off five electricity distribution companies (DisCos) under the management of ...

  “To start off, the CBN deployed a simple law of economics; if demand increases, price will increase. It offered to test the market by selling FX to BDCs at a rate lower than the prevailing parallel market price. This is called market making and is an extension of the obligations of the central bank to provide market stability.” PEGASUS ...