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The Latest Breaking News from Bola Tinubu

Nigerian petrol prices reach record high after subsidy removal

The removal in May has triggered skyrocketing fuel prices in Africa’s largest oil producer.

Al Jazeera

Nigerian leader plans $10 monthly handout to poor households after gas subsidy ends

Nigeria's President Bola Tinubu has told federal legislators that his government plans to pay $10 every month to poor households to ease the hardship caused by his administration’s removal of subsidies for gasoline

The Independent UK

Nigerian court orders gov’t to release or charge central bank chief

Government lawyers say they secured a lower magistrate court order to hold Godwin Emefiele during investigation.

Al Jazeera

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Nigeria’s Tinubu suspends new 10 percent plastic tax to cut costs

Tinubu, who took office in May, has embarked on Nigeria’s boldest reform agenda in decades to boost sluggish growth.

Al Jazeera

Nigeria’s petrol use falls after end of subsidy, regulator says

The subsidy removal has caused petrol prices to nearly triple in Nigeria, angering unions and spiking transport costs.

Al Jazeera

Four priorities for Nigeria’s newly elected national assembly

Nigeria’s National Assembly – the 10th since independence – was inaugurated on 13 June 2023. It has two arms: the Senate and the House of Representatives. The 109 senators and 360 representatives were elected on 25 February 2023. Godswill Akpabio was elected Senate president and Tajudeen Abass House of Representatives…

The Conversation

Nigeria's new national security bosses: 5 burning issues they need to focus on

Nigeria’s President Bola Ahmed Tinubu recently appointed new military service chiefs alongside a new national security adviser and inspector general of police.

The Conversation

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Nigerian president appoints new security chiefs in major reshuffle

In his first key decisions since being sworn in last month, President Bola Tinubu has replaced the heads of Nigeria's defence, police and customs service.

Radio France Internationale

Nigeria Looks To Reduce State Role in Energy Sector

The new administration plans to end the state monopoly on oil and gas.

Reason

Nigeria, labour unions to agree new minimum wage within 8 weeks

Nigeria’s labour unions threatened to strike after fuel prices tripled due to President Tinubu scrapping fuel subsidy.

Al Jazeera

Ending Nigeria's fuel subsidy pushes a shift to solar. Without a climate plan, progress is at risk

Nigeria's removal of a subsidy that helped reduce the price of gasoline has increased costs for people already struggling with high inflation

The Independent UK

Nigeria’s Tinubu removes security chiefs in major reshuffle

Nigeria’s president has named new commanders of the defence forces, army, navy and air force, according to a statement.

Al Jazeera

Nigeria's leader replaces security chiefs in major shakeup

The Nigerian presidency has announced that the president has replaced the chiefs of all the country's security services

The Independent UK

‘I’m left with nothing’: Nigerians feel brunt of economic shakeup

President Tinubu’s policies please foreign investors, but a devalued currency and soaring petrol prices mean ‘national sacrifice mode’ is widely unpopular

The Guardian - UK

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The Independent UK

Nigeria lets market set currency exchange rate to stabilize economy, woo investors

Nigeria’s central bank has ended its distorted foreign exchange rate, a move the new government in Africa's biggest economy hopes will help woo investors and stabilize the local currency

France 24

A necessary ‘sacrifice’: Nigeria ends almost 50 years of fuel subsidies

More than two weeks after announcing the end of fuel subsidies dating from the 1970s, Nigeria's new President Bola Tinubu called the move a necessary "sacrifice" and promised Nigerians "massive" investment in public services in return.

Al Jazeera

Nigeria allows currency to drop third of value on official market

For decades, multiple exchange rates had led to foreign currency shortages that worsened under Godwin Emefiele.

The Independent UK

Legislators from Nigeria's ruling party elected as Senate president, House speaker

Nigeria’s ruling party has retained leadership of the country’s parliament with the election of its consensus candidates as Senate president and speaker of the House of Representatives

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Al Jazeera

Who is Folashodun Shonubi, Nigeria’s new central bank chief?

The appointment of the acting governor comes after the suspension and arrest of his powerful predecessor at the weekend.

France 24

Thousands of pregnant Sudanese refugees in Chad need immediate healthcare

In tonight's edition: As clashes resume in Sudan after a fragile and brief ceasefire, we take a closer look at the plight of refugees in neighbouring Chad. Also, President Bola Tinubu urges patience amid anger at soaring fuel prices in Nigeria. And Malians gear up to vote in a referendum…

Al Jazeera

Nigeria eurobonds rise after suspension of Central Bank governor

Godwin Emefiele arrested by state secret police at the weekend after his suspension by Nigeria’s president.

Al Jazeera

Fuel subsidy cut will save Nigeria but impose burden: President

The subsidy removal has angered labour unions but they have suspended an indefinite strike after talks with government.

The Independent UK

Nigerian leader defends end to fuel subsidy as hardship bites harder

Nigerian President Bola Tinubu is defending his government’s decision to stop subsidizing fuel in the West African nation even as more states seek ways to cushion the resulting hardship on millions

France 24

Sudan military suspends talks with rivals

In tonight's edition: Clashes between the RSF paramilitary and the Sudanese army increase in intensity as the military pulls out of truce talks. Also there's anger and confusion in Nigeria as drivers rush to the pump upon an apparent rollback of fuel subsidies by the new president Bola Tinubu. And…

Al Jazeera

Nigeria fuel subsidy cut and spiralling costs: What to know

A controversial announcement in Tinubu’s inaugural speech has set off a chain of events in Africa’s largest economy.

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