President Bola Ahmed Tinubu Archives

June 5, 2023

Tinubu to security agencies: Share information, don’t hoard it

National Security Adviser, President Bola Ahmed Tinubu

President Bola Ahmed Tinubu on Monday tasked security and intelligence agencies in the country on the importance of sharing information and intelligence among themselves, saying hoarding such resources could be counterproductive in the fight against terrorism.

The President spoke after undertaking a tour of the new Office of National Security Adviser and facilities at the National Counter Terrorism Centre (NCTC), in Abuja.

While noting the efforts demonstrated in countering terrorism and the state-of-the-art facilities at the two facilities, President Tinubu highlighted the importance of backing such efforts with knowledge.

He said his administration had recognised that in order to achieve economic revival, prosperity, and development, security should be of optimum priority.

“It is a great joy to see that we are getting proactive resources to prepare ourselves.

“Terrorism is not unique to Nigeria alone. It is across the world and we have to fight it. We have to eliminate it completely.

“If we as Nigerians are looking for economic revival, prosperity and development, then we have to give priority to security.

“What I have seen here is a demonstration of intelligent efforts to counter-terrorism. This must be backed by knowledge.

“Counter terrorism that is not backed by knowledge and intelligence is not going to be of any service to any nation. We are going to work on that together.

“The effort of the entire armed forces of this country must be put together in a way that there will be one single focus on securing the country.

“You can’t have disharmony in an orchestra. We must focus on one tune; coordinate, share information, share intelligence and work harder.

“You cannot hoard information. You cannot hoard intelligence. I am glad that Nigeria is on the path to succeed. We will, I assure you.

“We will make it a priority and that is why I am here this morning.”

President Tinubu, who described the tour of facilities at the new ONSA building as very important, expressed his willingness to do whatever necessary to support the nation’s security architecture.

The NSA, Major-General Babagana Monguno (Rtd), thanked the President for making the visit his first engagement outside the Villa.

“It reinforces his commitment, dedication and inflexible rigidity to ensuring that the security misfortunes of the Federal Republic of Nigeria and by extension the sub-region are overcome within the shortest possible time.”

Monguno pledged the total commitment and dedication of ONSA to ensuring that President Tinubu realizes the promises he made to the Nigerian people on security.

June 4, 2023

Tinubu govt will herald improved executive-legislature relations – Buni

President Bola Ahmed Tinubu, Vice President Kashim Shettima

Gov. Mai Mala Buni of Yobe, on Sunday said the legislative background of President Bola Ahmed Tinubu and Vice President Kashim Shettima will herald improved executive-legislative relations for the country.

Buni, in a statement by his Director-General Press and Media Affairs, Alhaji Mamman Mohammed in Damaturu, said the Tinubu administration ”is a meeting point of the executive and legislative arms of government that could fast track development.

“Tinubu, Shettima and the SGF, George Akume were former Governors and Senators, while the newly appointed Chief of Staff, Mr Femi Gbajabiamila is the outgoing Speaker of the House of Representatives, making it a unique team.

“Their excellent backgrounds in the executive and legislative arms give them advantage to partner the National Assembly to execute government policies and programmes without or with less confrontation.

“Their backgrounds in public offices have no doubt prepared them for the task of delivering dividends of democracy to Nigerians with ease.

“I congratulate the President for making the right choice, and the new appointees, the Chief of Staff (COS) and Secretary to the Government of the Federation (SGF), for the opportunity given to them to serve the country.”

The governor assured the support and co-operation of the government and people of Yobe to the Federal Government led by Tinubu.

Buni solicited the co-operation of all Nigerians to the new administration for a successful take-off to meet the needs and expectations of Nigerians

June 3, 2023

Tinubu commiserates with India over deadly train crash

India train crash, Odisha train crash, President Bola Ahmed Tinubu

STATE HOUSE PRESS RELEASE

President Tinubu commiserates with India over deadly train crash

President Bola Ahmed Tinubu has sent a message of commiseration to the government and people of the Republic of India over a multiple train crash in the country which killed over 280 passengers.

The fatal crash involving two passenger trains and a goods train in the Indian city of Balasore, in the eastern state of Odisha, occurred on Friday.

Aside those killed, over 900 others were injured in what was one of the worst rail crashes in recent history.

President Tinubu, in a statement Saturday morning, described the train accident as heartrending, while consoling the Indian government and families of the victims.

“My heart goes to the families of those affected in the unfortunate and heartrending train crash in the Indian state of Odisha.

“We stand with India in brotherhood at this difficult time. The magnitude of the crash and the high casualty figure call for global support for India to adequately respond to this calamitous accident.

“I send my deepest sympathy and condolences to His Excellency Prime Minister Narendra Modi, the people of India and the families of those trapped in the crash,” the president said.

Abdulaziz Abdulaziz
June 3, 2023

June 2, 2023

Tinubu confirms Gbajabiamila as Chief of staff, Akume SGF

President Bola Ahmed Tinubu, Speaker Femi Gbajabiamila

President Bola Ahmed Tinubu Friday in Abuja confirmed the appointment of Speaker of House of Representatives, Femi Gbajabiamila as Chief of Staff.

The confirmation ended speculations and denials in newspapers.

Tinubu, according to a State House release also announced the appointment of Sen. Ibrahim Hassan Hadejia, a former Deputy Governor of Jigawa State, as Deputy Chief of Staff.

In a meeting with Progressives Governors Forum (PGF), the President named former Governor of Benue State and immediate past Minister of Special Duties, George Akume, Secretary to the Government of the Federation (SGF).

June 1, 2023

Tinubu meets with National Assembly leaders over successors

National Assembly, President Bola Ahmed Tinubu

President Bola Ahmed Tinubu met with Senate President, Ahmad Lawan and the Speaker of the House of Representatives, Femi Gbajabiamila on Thursday in Abuja over the choice of the leadership for the 10th National Assembly.

Lawan told newsmen after the meeting that the president emphasised the need for the right choice of leadership for the National Assembly.

He said Tinubu maintained that the emergence of the leadership should be in national interest; in the interest of the National Assembly and of the legislature.

“We are getting somewhere and our prayer is that we are able to resolve all the outstanding issues. Mr President is positively disposed to everything being done smoothly.

“We believe that Mr President having been a senator himself and his vice-president also having been a senator, will always wish and pray for the right leadership for the National Assembly,’’ he said.

He said having been the chairman of the 9th National Assembly, it was necessary for him to work with all major stakeholders, especially with the leadership of the country.

Lawan explained that Tinubu gave necessary advice on how the new leadership of the National Assembly should emerge and what needed to be done to ensure its stability and productivity.

He said the new leadership must ensure peaceful working relationship between the Legislature and the Executive arms of government.

“I have never indicated interest to run for the Office of the President of the Senate in the 10th National Assembly.

“We have worked together with distinguished senators of the 9th National Assembly and members of the House of Representatives to create a very conducive environment for us to work.

“We have been productive; much more productive than any National Assembly.

“We worked very closely with the administration of President Muhammadu Buhari and that helped the administration a lot,’’ Lawan said.

“Those of us who have been there longer, owe everybody that responsibility to at least help to mentor those who are new if we are not going to be presiding officers or principal positions,’’ he added

June 1, 2023

Safeguard Nigerians: Tinubu gives marching order to security chiefs

President Bola Ahmed Tinubu, security chiefs

President Bola Tinubu has directed the Armed Forces and other security agencies to provide adequate security measures to safeguard lives and properties of all citizens across the country.

The President gave the directive on Thursday when he met with security chiefs at the presidential Villa, Abuja.

Addressing State House correspondents at the end of the meeting, Chief of defence Staff, Gen. Lucky Irabor, pledged to carry out the president’s directive to the letter.

He added that the security chiefs briefed the president on the security situation across the country and beyond.

“The meeting went very well. What we did was to give the President and Commander-in-Chief the security situation across the country and even beyond our borders.

”We told him what the current situation is and we also got a mandate from him as to how he wants the security disposition across the country to be.

On whether they intend to change their strategies, General Irabor answered in the affirmative.

“Change is constant, so all strategies that we have applied hitherto, we will realign and reinvent them to be able to meet the expectations of the moment and that is precisely what we will be doing,”he said.

Also addressing the correspondents, the National Security Adviser, retired Maj.- Gen. Babagana Monguno stated that the president appreciated the sacrifices of the Armed Forces and other security agencies, toward securing the nation.

He said: “First and foremost, he appreciated the Armed Forces and intelligence agencies and the wider paramilitary agencies for the work they have been doing in the past couple of years – their sacrifice, their loyalty.

”He also paid tribute to those who died in defending this country, from the great big menace of terrorism, insurgency, banditry, oil theft, sea robbery and piracy.

“The President has made it very clear that he’s determined to build on whatever gains have been made and to reverse misfortunes and turn the tide in our favour.

”As far as he’s concerned, this country should not be on its knees struggling, while other countries are walking and achieving greater heights.

”The President has revealed that in moving this country forward, he needs the security agencies to redouble their efforts.

”He also pointed out that his own philosophy is one of contemporary security measures dealing with the requirements of the time.

”He has made it very clear that he will not accept a situation in which our fortunes keep declining.”

The NSA also quoted the president as advising all security agencies to work towards achieving one single purpose.

”Working at cross purposes and colliding with each other is not something that he will condone.

”He has made it very, very clear that all the security agencies must comply with the demands of coordination, with the demands of frequent consultations and also timely reports which must be acted on.

”He is going to embark on a lot of reforms in terms of our security architecture, he is going to take a closer look at our misfortunes in the maritime domain, focusing particularly on the issues of oil theft that is not going to tolerate,” he added

June 1, 2023

Tinubu congratulates Abdulrazaq, Uzodimma

Governor Abdulrahman Abdulrazak, Governor Hope Uzodimma, President Bola Ahmed Tinubu

STATE HOUSE PRESS RELEASE

GOVERNORS FORUMS’ LEADERSHIP: PRESIDENT TINUBU CONGRATULATES ABDULRAZAQ, UZODINMA, OTHERS

President Bola Ahmed Tinubu has congratulated governors who recently emerged as leaders of the Nigerian Governors Forum (NGF) and Progressive Governors Forum (PGF).

The President’s felicitation was contained in a statement from the State House on Thursday.

“I congratulate the Governor of Kwara State, His Excellency Abdulrahman Abdulrazaq, on his emergence as the Chairman of the Nigerian Governors Forum (NGF), and the Governor of Imo State, His Excellency Hope Uzodinma, on his election as the Chairman of the Progressive Governors Forum (PGF).

“In the same vein, I also congratulate His Excellency Seyi Makinde, the Governor of Oyo State, and his Kaduna State counterpart, His Excellency Senator Uba Sani, on their elections as deputy chairmen for the two respective forums,” he said.

“Being called upon by their peers to lead them is a testament to the trust and confidence reposed in them by the governors,” President Tinubu added.

The President tasked the new leaders to use their tenures to advance the peace, unity and socioeconomic development of the country and join hands with his administration to engender the Renewed Hope agenda.

“As chief executives of states, governors are critical to the overall success of our administration and the desire for a Nigeria that works for all.

“As an important fulcrum in our journey to a more prosperous and safe country, what states do or do not do matter a lot. I am therefore obliged to ask the new leaders to use their good offices to bring about a convergence of vision between the Federal Government, under my leadership, and governments at the state level.

“It is my prayer that you acquit yourselves diligently in discharging the responsibilities bestowed on you through this election,” President Tinubu added.

Abdulaziz Abdulaziz

June 1, 2023.

Tinubu with the Chinese delegation in his office

May 31, 2023

China pledges increased cooperation with Nigeria

China, Peng Qinghua, President Bola Ahmed Tinubu

PRESS RELEASE

China pledges increased economic cooperation with Nigeria

…Nigeria is important to Africa, World, says Chinese President XI Jinping

Chinese President Xi Jinping has pledged increased economic cooperation with Nigeria, saying the country is important to Africa and the world.

The Chinese president spoke through his Special Envoy, Peng Qinghua, Vice Chairperson, Standing Committee of National People’s Congress, People’s Republic of China who met with President Bola Tinubu at the State House, Abuja on Wednesday.

Qinghua said the two countries at present had good bilateral relations and economic cooperation, noting that Chinese companies were doing well in Nigeria in railways, roads, hydropower and free trade zones.

While commending President Tinubu’s plan to lead Nigeria to a new era of economic development and prosperity, the Chinese envoy, however, said there were areas where Nigeria could benefit from China.

He called on the two countries to share ideas and align strategies, urging President Tinubu to also create more conducive environment for investment.

Responding, President Tinubu said Nigeria is open for business and constructive partnerships, and would do business with any country ready to do business with the country.
He promised that his administration would work to promote ease of doing business.

He said: “We need accelerated growth and we are ready to do business honestly with those ready to do business with us.

“We will continue to work to promote democracy in the West African sub-region. I’m a product of democracy and shall work day and night to advance democracy.

“We will fight terrorism and all forms of criminality.
We can learn from each other, but we will remain non-aligned.”

The Chinese delegation included her Ambassador to Nigeria, Cui Jianchun and Minister-Counselor Zhang Yi.

Tunde Rahman,
State House,
Abuja.
May 31, 2023

May 31, 2023

Tinubu lauds people of Zamfara for ensuring his ”biggest win”

President Bola Ahmed Tinubu, Senator Kabiru Marafa, Zamfara state

President Bola Tinubu has lauded the people of Zamfara and members of the APC for ensuring his biggest win in the state.

Tinubu, represented by Sen. Kabiru Marafa, gave the commendation on Tuesday night in Abuja at an inauguration dinner. The dinner was organised by Marafa.

Tinubu appreciated members of his Presidential Campaign Council which was coordinated by Marafa in Zamfara.

He thanked the immediate past governor of the state, Bello Matawalle, former governor Abdulaziz Yari and other members of the APC.

“My administration will surely reward all those who showed their commitment in one way or the other for our victory,” Tinubu said.

In his address, Marafa said he organised the dinner to bring the people together to thank God and the people of Zamfara for ensuring victory for the APC in the state.

“We are still hopeful and confident in the Nigerian judiciary in the case of the governorship election which we are challenging in court.

”We have identified all those APC members who hypocritically worked against us and will take appropriate measures against them as provided by the party.

“We will continue to appeal to our president to empower our youth and women so that our state and the country in general will be better,” he said.

Marafa thanked the outgone governor Matawalle for giving him the required support to succeed as the state Coordinator of the APC PCC.

The dinner was attended by members of the state PCC, members of the Matawalle-led executive council, APC elders and the party state Chairman, Alhaji Tukur Danfulani, youth and women groups from Zamfara.

Tinubu emerged as the winner in Zamfara in the Feb. 25 Presidential election.

He polled 298,396 votes and won 12 out of 14 Local Government Areas in the state, while Atiku Abubakar of the Peoples Democratic Party won two. He polled 193,978 votes.

May 30, 2023

Tinubu boosts stock exchange, market cap gains N1.5 Trillion

President Bola Ahmed Tinubu

The equities market of the Nigerian Exchange Ltd. (NGX) opened trading for the week on a bullish note driven by investors’ confidence, following the inauguration of President Bola Tinubu.

Tinubu, in his inaugural speech, said on Monday that the former administration did not capture fuel subsidy in the 2023 budget and he would ensure a unified exchange rate as part of measures to boost the Nigerian economy.

He also assured investors that they would be able to repatriate their hard-earned dividends and profits home.

Specifically, the market capitalisation recorded a gain of N1.505 trillion or 5.22 per cent to close at N30.349 trillion from N28.844 trillion posted on Friday.

Also, the All-Share Index (ASI) rose by 2,764.47 points or 5.22 per cent to settle at 55,738.35 compared with 52,973.88 recorded at the previous trading.

Accordingly, the Year-to-Date gain moderated to 8.76 per cent.

Index heavyweights, MTN Nigeria, Dangote Cement and BUA Cement drove the market’s strong performance, alongside gains in Tier- one banking stocks such as Guaranty Trust Holding Company (GTCO), Access Holdings, United Bank for Africa (UBA) and Zenith Bank.

Access Holdings topped the most traded chart with 199.62million shares valued at N2.45 billion.

GTCO followed with 76.38 million shares worth N2.18 billion, while Zenith Bank traded 66.13 million shares valued at N1.92 billion.

UBA traded 81.99 million shares valued at N831.47 million, while Transcorp transacted 95.68 million shares worth N309.24 million.

Analysts at Vetiva Securities Ltd., said that “The market exhibited a favourable response to President Tinubu’s inauguration speech and his proposed plans for the country’s economy.

“This positive sentiment is anticipated to endure in the upcoming session, as investors responded positively to the latest transition of power to the new administration.”

Market breadth closed positive with 54 advancing stocks that outnumbered four declining ones.

Zenith Bank recorded the highest price gain of 10 per cent to close at N29.70, per share.

Transcorp Hotels and Nigeria Breweries followed with a gain 10 per cent each to close at N8.25 and N42.35, per share respectively.

Jaiz Bank and First City Monument Bank (FCMB) alao went up by 10 per cent each to close at N1.10 and N4.62 per share respectively.

On the other hand, Ikeja Hotel led the losers’ chart by 10 per cent loss to close at N2.16, per share.

NCR followed with a 9.88 per cent decrease to close N2 .76, while Tantalizer dropped by eight per cent to close 23k, per share.

Julius Barger followed with a decline of 7.94 per cent to close at N29, while International Energy Insurance was down by 6.98 per cent to close N1.20 per share.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 106.07 per cent.

A total of 1.08 billion shares valued at N15.80 billion were exchanged in 9,916 deals.

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