ALL THE RELEVANT NEWS: FRIDAY

ALL THE RELEVANT NEWS: FRIDAY

🌎President Bola Tinubu has reiterated his commitment to making Nigeria better, describing his countrymen as hardworking people but believes the nation has no reason to be poor. Tinubu said this when he received a high-powered 62-man delegation, comprising leaders from both the governing All Progressives Congress (APC) and the opposition People’s Democratic Party (PDP), to the State House in Abuja on Thursday

🌎Oil prices rose on Friday and are set for a third weekly gain, as better-than-expected Chinese economic data and reports of record oil consumption bolstered the view that demand in the world’s second-largest crude consumer will continue to surge. Brent crude futures rose 65 cents, or 0.7%, to $94.35 as of 0630 GMT.

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🌎The Debt Management Office has said Nigeria’s total public debt hit N87.38tn at the end of the second quarter of 2023, representing an increase of 75.29 percent or N37.53tn compared to N49.85tn recorded at the end of March 2023

🌎The Chicago State University (CSU), yesterday, confirmed that President Bola Tinubu attended the university and graduated in 1979 with a bachelor’s degree. The university disclosed this in a statement issued to CBS Broadcasting Inc. generally referred to as CBS News, one of America’s biggest and most influential news network.

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🌎Muhammad Nami, the former executive chairman of the Federal Inland Revenue Service (FIRS), says the agency generated N8 trillion in eight months as the country’s tax-to-gross domestic product “rose to 10.86 percent” under his leadership.

🌎The Defence Headquarters said Thursday, troops of Operation Delta Safe have, in the last two weeks, uncovered and destroyed 89 illegal refining sites in the Niger Delta region.

🌎The Federal Government has inaugurated a 15-man Inter-Ministerial Committee to organise the celebration of Nigeria’s 63rd Independence Day anniversary. Secretary to the Government of the Federation, Senator George Akume, who inaugurated the committee on Thursday in Abuja, also rolled out activities lined up for the 63rd Independence anniversary celebration.

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🌎The Nigeria Communications Commission (NCC) has cautioned telecommunication consumers on the rising trend of electronic frauds perpetuated on telecom platforms across key sectors of the Nigerian economy.

🌎President Bola Tinubu has approved the appointment of Zaccheus Adedeji, as the new Acting Executive Chairman of the Federal Inland Revenue Service.
*Tinubu appoints Bulus Yakubu as pioneer coordinator of social investment national coordinator and chief executive officer (CEO) of the National Social Investment Programmes Agency (NSIPA).

🌎Festus Keyamo, the Minister of Aviation and Aerospace Development, has said that the federal government is working out details on resumption of flights from Nigeria to the United Arabs Emirates, (UAE).

🌎At the 2nd Annual General Meeting (AGM) held in Abuja on Thursday, shareholders of BUA Foods unanimously approved the proposed final dividend payment of NGN4.50 per share with a total value of NGN81 billion.

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🌎Security Stories: The Nigerian Army said its troops have neutralized 151 terrorists, arrested 456 terrorists and arrested 45 perpetrators of oil theft in different operations across the country over the last two weeks. The military also rescued 76 kidnapped hostages
*The Sokoto State Police Command has confirmed the killing of four persons and abduction of 18 others in Giyawa village, Goronyo Local Government Area of the state.
*Operatives of the Anambra State Police Command’s Anti-Kidnap Squad, have smashed a kidnapping gang at Nnewi Ichi, in the Nnewi-North Local Government area of the State, rescuing a kidnapped victim.

🌎Russia-Ukraine War: US President Joe Biden plans to meet with Ukrainian President Volodymyr Zelensky next week around the UN General Assembly meetings, according to multiple officials.
*Ukraine said it destroyed a Russian air defense system in an attack on occupied Crimea, as Moscow said its forces shot down 11 Ukrainian drones early Thursday morning over the region. Ukraine has stepped up its attacks on Russian targets in Crimea, which was annexed by Moscow in 2014.
*A South Korean minister warned Russia and North Korea could be pursuing “some kind of military deal,” and an official from the presidential office said Seoul has long been aware that Moscow has used weapons provided by Pyongyang in the war.
*Russia’s President Vladimir Putin met his North Korean counterpart Kim Jong-un Wednesday — but it is unclear if they struck an agreement.

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