President Tinubu has approved an 80% subsidy on kidney dialysis, reducing the cost from ₦50,000 to just ₦12,000 across 10+ federal medical institutions nationwide!
Spearheaded by Coordinating Minister Prof. @muhammadpate, this initiative ensures more Nigerians can access life-saving treatment.
Hospitals include UCH Ibadan, LUTH Lagos, FMC Abuja, UBTH Benin, UMTH Maiduguri, and more!
See what your states contributed to the VAT pool and what they received in January 2025.
My South Southern states really tried sha.
What states contributed to the VAT pool and what they received in January 2025
1. LAGOS
Contributed: N305.52bn
Received: N62.59bn (20.49%)2. RIVERS
Contributed: N90.21bn
Received: N11.01bn (12.20%)3. OYO
Contributed: N27.71bn
Received: N13.02bn (47.00%)4. BAYELSA
Contributed: N12.80bn
Received: N8.02bn (62.65%)5. KANO
Contributed: N9.59bn
Received: N13.57bn (141.49%)6. KWARA
Contributed: N9.53bn
Received: N8.10bn (85.04%)7. DELTA
Contributed: N6.57bn
Received: N9.05bn (137.77%)8. AKWA IBOM
Contributed: N5.62bn
Received: N8.79bn (156.26%)9. EDO
Contributed: N5.09bn
Received: N8.17bn (160.67%)10. EKITI
Contributed: N4.98bn
Received: N7.51bn (150.65%)11. SOKOTO
Contributed: N4.41bn
Received: N8.45bn (191.63%)12. BORNO
Contributed: N3.91bn
Received: N8.74bn (223.56%)13. KATSINA
Contributed: N3.86bn
Received: N10.01bn (259.34%)14. NIGER
Contributed: N3.80bn
Received: N8.57bn (225.73%)15. JIGAWA
Contributed: N3.57bn
Received: N8.85bn (248.05%)16. ANAMBRA
Contributed: N3.56bn
Received: N8.72bn (244.92%)17. KADUNA
Contributed: N3.50bn
Received: N10.18bn (290.60%)18. ADAMAWA
Contributed: N3.39bn
Received: N7.91bn (233.16%)19. EBONYI
Contributed: N3.30bn
Received: N7.12bn (215.65%)20. NASARAWA
Contributed: N3.13bn
Received: N6.86bn (218.95%)21. KOGI
Contributed: N2.67bn
Received: N7.90bn (295.93%)22. BAUCHI
Contributed: N2.44bn
Received: N8.93bn (365.95%)23. OGUN
Contributed: N2.31bn
Received: N8.20bn (355.26%)24. GOMBE
Contributed: N2.16bn
Received: N7.11bn (328.70%)25. YOBE
Contributed: N2.16bn
Received: N7.08bn (328.65%)26. BENUE
Contributed: N2.05bn
Received: N8.55bn (416.84%)27. KEBBI
Contributed: N1.93bn
Received: N7.77bn (402.38%)28. ENUGU
Contributed: N1.75bn
Received: N7.76bn (442.91%)29. PLATEAU
Contributed: N1.75bn
Received: N7.70bn (439.57%)30. IMO
Contributed: N1.59bn
Received: N8.26bn (521.03%)31. CROSS RIVER
Contributed: N1.55bn
Received: N7.45bn (480.44%)32. ZAMFARA
Contributed: N1.45bn
Received: N7.72bn (531.51%)33. ONDO
Contributed: N985.78m
Received: N7.80bn (791.24%)34. TARABA
Contributed: N939.66m
Received: N6.91bn (735.00%)35. ABIA
Contributed: N733.82m
Received: N7.29bn (993.98%)36. OSUN
Contributed: N589.41m
Received: N7.73bn (1,312.09%)<FAAC>
#TheCableIndex
President of Dangote Industries Limited, Alhaji Aliko Dangote, has said he is currently resting after delivering his refinery project.
The 650,000-barrel refinery and petrochemicals project worth over $20bn has come to disrupt the oil and gas market in Africa and the world even as the refinery now exports refined products to other countries in Africa and Middle East.
Dangote recently spoke about the challenges he faced constructing the refinery which he described as the biggest risk of his life, saying he went through hell.
But speaking during the groundbreaking ceremony of the 43-storey building new First Bank Head Office at Eko Atlantic City in Lagos, Dangote said he’s now resting after delivering the project.
He commended his friend and ally, Mr. Femi Otedola, who is the Chairman of FirstHoldCo for daring to put up a 43-storey edifice in Eko Atlantic as the new Head Office of FirstBank, Nigeria’s oldest financial institution.
He said Eko Atlantic has become the new City of Lagos and with FirstBank joining the list of corporate entities in the emerging industrial city, more banks would come in.
Dangote however stated that Otedola had also invited him to come to Eko Atlantic, adding, “Maybe soon, not now I’m resting right now. Having delivered the refinery I need some rest but I’ll come, I’ll be here very soon. So I want to congratulate you (Otedola) and the entire board and management of First Bank for taking this bold move of building a massive edifice in the new City of Lagos.”
The groundbreaking is being attended by Vice-President Kashim Shettima, Governors of Lagos, Ogun and Ondo – Babajide Sanwo-Olu; Dapo Abiodun and Lucky Aiyedatiwa respectively.
Others are Deputy Governor of Lagos State, Dr. Femi Hamza; former Senate President, Dr. Bukola Saraki; former Governor of Delta State, James Ibori, among others.
Other billionaires and CEOs in attendance included CEO of Pacific Holdings, Dr. Deji Adeleke; CEO of Sapetro, Senator Daisy Danjuma; Ambassador Gilbert Chagoury; Alhaji Mustapha Indimi, among others.
The ruling part in Nigeria, APC through its support group, the APC Empowerment Initiative (AEI) has commenced tuition free scholarships and agriculture empowerment crusade in the South West as part of efforts to fulfill the Renewed Hope Agenda of President Bola Tinubu in the region.
The flag off ceremony took place at Alimosho local government headquarters in Lagos on Monday amidst high attendance of senior members of the governing All Progressive Congress.
The empowerment campaign was designed for Education Support to less privileged into high institutions, while the agriculture support is for small-scale farmers where high yield seedlings were distributed to them to assist in the federal government’s campaign to invest in food security.
The organic high yield seedlings distributed include palm-tree, cassava, yam, pepper, orange, coconut, and several other cash crops.
Addressing participants, the Director General of APC Empowerment Initiative (AEI), Hon. Seyi Bamigbade said the tuition free scholarship was designed to Support President Bola Ahmed Tinubu Educational reform agenda, while the distribution of seedlings aimed at ensuring that small-scale farmers have a high yield in order to raise their income as well as have enough supply for the market in line with renewed hope Agenda.
According to him, the campaign will add value to the efforts being made to boost food security and end hunger in the country.
He called on the beneficiaries to avoid the temptation of selling the items and instead use it to boost their economic welfare.
Also speaking, a chieftain of APC in Alimosho, Dr. Ayisat Gbajabiamila applauded the group for deepening the benefits of Renewed Hope Agenda of President Bola Tinubu.
The Secretary to the Osun State Government, High Chief Teslim Igbalaye, has congratulated Dr. Deji Adeleke, the President of Adeleke University and Chairman of Pacific Holdings Limited, on the occasion of his 68th birthday.
In his special message signed by himself, Igbalaye lauded Dr. Adeleke as a serial entrepreneur and philanthropist who has made significant contributions across virtually every major sector in the country.
The statement reads:
“On behalf of my family and I, I congratulate the strong pillar of the Adeleke dynasty, Dr. Deji Adeleke, as he celebrates his 68th birthday. Your influence, both within the borders of our nation and beyond, is immeasurable,” Igbalaye said.
“Your remarkable contributions to the business world, combined with your selfless dedication to uplifting society, have set a standard of excellence that continues to inspire millions across the globe,” he continued.
“We thank you for all you do, and we pray that you continue to enjoy sound health, peace, and immense joy as you reach even greater heights,” Igbalaye concluded.
The Nigerian Institute of Public Relations (NIPR) has commended the Federal Government for approving the Tonnie Iredia University of Communication (TIUC), Benin City, which aims at promoting functional system of education in the country.
Dr. Ike Neliaku, President, Chairman of Council of NIPR who made the commendation in Abuja on Tuesday via a congratulatory letter to Prof. Tonnie Iredia, said that such sector specific form of education creates the platform for institutions to produce fit-for-purpose graduates against what is obtained today in the society.
“The Tonnie Iredia University of Communication will produce industry-ready professionals to address contemporary market demands; and the Institute is delighted at the coming on stream of the University because, it will deepen professionalism, enhance excellence in the work environment and boost productivity”.
Dr. Neliaku further pointed out that the project aligns with the planned University of Public Relations and Leadership (UPRL), the first of its kind in the world, championed by NIPR and expected to commence operations before the end of 2026.
The President while describing Prof. Iredia, a Fellow of the NIPR and former Director General of the Nigerian Television Authority (NTA) as a Symbol of Professionalism; expressed the Institute’s readiness to partner with the TIUC to give the industry a greater value.
Tonnie Iredia University of Communication is among the 11 new private universities granted provisional licence to operate during yesterday’s Federal Executive Council (FEC) presided by President Bola Ahmed Tinubu.
Stanley Ogadigo
Director, Public Relations
4-3-2025
The Chairman of the Niger Delta Development Commission, NDDC, Governing Board, Mr Chiedu Ebie, has assured that the Commission will complete and inaugurate the 6.2-kilometre Kaa-Ataba Road and bridges linking the Khana Local Government Area to the Andoni Local Government Area of Rivers State.
According to a press release signed by the NDDC Director of Corporate Affairs, Seledi Thompson-Wakama, the Chairman gave the assurance during an inspection of a 1.2-kilometer-long bridge on the road.
He was accompanied by the NDDC Managing Director, Dr Samuel Ogbuku; the Executive Director of Projects, Sir Victor Antai; the Executive Director of Corporate Services, Hon. Ifedayo Abegunde; and the Rivers State Representative, Chief Tony Okocha.
The Board Chairman restated the commitment of the NDDC to complete all ongoing projects in the Niger Delta region as directed by President Bola Ahmed Tinubu.
He stated, “We are working with a competent contractor who has assured us that the project will be completed before the end of the year. We have just finished discussing this with the on-site engineers, and they are as determined as we are to deliver the project on schedule.”
The Managing Director affirmed that the Commission was determined to make the Renewed Hope Agenda of the Federal Government a reality in the Niger Delta region, stating: “The President gave us a matching order during our inauguration to make a positive impact in the Niger Delta. The Board and Management are working tirelessly to meet Mr. President’s expectations.
Ogbuku pledged that the NDDC would adhere strictly to the President’s directive to complete all ongoing regional projects, including roads, bridges, schools, and healthcare facilities.
He described the multi-billion-naira project as ambitious and impactful, noting that the road and bridges would enhance socio-economic activities in Kaa, Ataba, and surrounding communities.
Briefing the NDDC team, the project principal consultant, Engr. Azu Chukwuma assured his company would do everything necessary to ensure the project’s early completion, declaring, “We are committed to delivering on speed and quality.”
The Paramount Ruler of Ataba Kingdom in Andoni Local Government Area, King Benson Egwenre, said he was delighted to see the NDDC back on the project, noting: “We prayed for this important project to be completed. Seeing the NDDC back on-site has brought us joy.
“We are very happy because this project is so dear to our hearts. Completing it will be a big boost for economic and social activities and will improve the lives of the Ataba people.
“We, the people of Ataba, are very peaceful and cooperative. We assure the NDDC that we will cooperate with the contractor to ensure the project is completed on schedule.” he said.
The Central Bank of Nigeria (CBN) has appointed 16 new directors across key departments, nine months after it relieved the previous directors from the services of the bank as well as those who retired over a year ago.
The CBN in an internal advertisement published in September 2024 sought to fill strategic departments that were headed by Coordinators.
The new appointees will oversee banking supervision, payment systems, and consumer protection, areas critical to Nigeria’s financial sector, especially as regulators tighten scrutiny on banks and fintechs.
The restructuring comes one month after the reinstatement of Jimoh Musa Itopa as director of the Payments System Management Department (PSMD).
Dr Olubukola Akinwunmi Akinniyi has been named director of banking supervision, one of the most powerful roles at the CBN.
The Payment System Supervision department will be led by Dr Yusuf Rakiya Opeyemi. This newly created directorate was part of a broader restructuring that split the Payments System Management Department (PSMD) into two separate units: one focused on policy and the other on supervision.
While Dr Opeyemi now oversees the supervisory arm, a separate director has been appointed to lead the policy side. Previously, payment supervision and policy were housed under a single team, which some industry stakeholders saw as a bottleneck to effective regulation.
The restructuring follows the return of Jimoh Musa Itopa as director of PSMD, a move that also affected the tenure of Oladimeji Taiwo Yisa, who had been named Acting Director of the Payments Systems Management Department. Oladimeji Yisa Taiwo has now voluntarily left the Central Bank, according to a person familiar with the matter.
Dr Aisha Isa-Olatinwo was named director of consumer protection department. She has a background in audits, is expected to take a tougher stance on consumer grievances, according to an insider.
Sike Rita Ijeoma will head Financial Policy and Regulation, shaping the rules that guide Nigeria’s financial system.
Other key appointments include Dr Obom Victor Ugbem in Monetary Policy, Farouk Mujtaba Muhammad in Reserve Management, and Mrs Vincent Monsurat Modesola in Strategic Management and Innovation.
The supervision of microfinance banks, mortgage banks, and finance companies now falls under Mr Solaja Mohammed-Jamiu Olayemi, while Mr Nakorji Musa will oversee Trade and Exchange.
Mrs Jide-Samuel Omoyemen Avbasowamen heads Information technology Department; Dr Ojumu Adenike Olubunmi, Medical Services Department; Mal Abdullahi Hamisu, Banking Services Department; Mr Makinde Kayode Olarewaju, Procurement and Support Services Department; Dr Adedeji Adetona Sikiru, Currency Opereation and Branch Management Department; Dr Okpanachi Usman Moses, Statistics Department.
THE price of Nigeria’s Bonny Light crude oil fell by 10.6 per cent to $73.53 per barrel from $84.02 per barrel on January 15th, fuelling fears over achievement of the Federal Government’s budget 2025 revenue target.
The Budget 2025 is based on a crude oil price benchmark of $75 per barrel, oil production of 2.06 million barrels per day (bpd), and a revenue target of N36.35 trillion, with 56 percent coming from oil sales.
The fall in crude oil price represents a 6.6 per cent potential decline in FG’s oil revenue target, which is worsened by the oil output well below the budget benchmark of 2.06 million barrels per day.
According to data from the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, crude oil output stood at 1.737 million bpd in January 2025, up from 1.667 million bpd recorded in the preceding month of December 2024.
Reacting to the development, the Chief Executive Officer, Centre for the Promotion of Private Enterprise, CPPE, Dr Muda Yusuf, said, “If energy prices fall, of course, that has implications for our revenue. So it’s likely to negatively impact on our oil price, on our oil revenue but it may be positive for businesses because a reduction in crude oil price or commodity or global oil price typically reduces the cost of petroleum products, including the Premium Motor Spirit, PMS, also known as petrol, diesel and jet fuel.
On his part, the National President of Oil and Gas Services Providers Association of Nigeria, OGSPAN, Mazi Colman Obasi, said: “Besides impacting negatively on the execution of Nigeria’s 2025 budget, it should be noted that low crude oil price would culminate in low petroleum products prices. This would be possible as refiners’ costs of refining are expected to drop.”
The Director of National Agency for Food and Drug Administration and Control NAFDAC, South East Zone, Dr Martins Iluyomade, on Tuesday, narrowly escaped hoodlums attack at the popular Ogbo-Ogwu Bridge Head Market in Onitsha, Anambra State.
Tribune Online learnt that Iluyomade was rescued by security operatives from the hands of the suspected hoodlums that invade the market unnoticed to stop the NAFDAC enforcement team from continuing the ongoing search of fake and expired drugs in the market.
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