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Presidency speaks on controversial N5 billion yacht for Tinubu

View this email in your browser Headlines Presidency speaks on controversial N5 billion yacht for Tinubu "What was named as Presidential Yacht in the budget is an Operational Naval boat with specialised security gadgets suitable for high-profile operational inspection and not for the use of the President." Read More Participate in Premium Times weekly quiz. Expires in 2 days!!! Boko Haram kills over 24 villagers in Yobe After the initial attack, the insurgents planted an IED which killed more than 20 people the next day. UPDATED: Senate passes N2.1trn supplementary budget President Bola Tinubu, on Tuesday, wrote to the National Assembly seeking the consideration of the supplementary budget, a day after it was approved by the Federal Executive Council (FEC). ANALYSIS: Navigating the complex terrain of China-Africa debt relations China isn't the main cause of Africa's debt crisis, but concerns about transparency and collateral agreements cannot be ignored. Most Recent Stories Wike hosts Rivers' National Assembly caucus, restates conditions for peace with Gov Fubara Mr Wike restated the condition to maintain peace with Rivers State governor, Mr Fubara, while hosting members of the Rivers State caucus in the National Assembly on Thursday. Read More Tinubu presents APC flags to Uzodinma, Sylva, Ododo, pleads for credible polls in Imo, Bayelsa, Kogi President Bola Tinubu has appealed to all candidates featuring in the 11 November Bayelsa, Imo, and Kogi states governorship elections to ensure that they are free, fair and credible. We've sufficient stock of currency notes – CBN "Nigerians are also advised to embrace alternative modes of payment, which would reduce pressure on using physical cash," the CBN said. Rivers Crisis: Nigeria's unity transcends party politics – PDP governors The PDP governors said it was most disingenuous for some people to lampoon the courtesies extended to Mr. President for his intervention in the crisis. Why NLC president is fighting me – Gov Uzodinma There was uproar in Imo State, on Wednesday, after some thugs and police officers reportedly attacked Mr Ajaero and other members of the NLC who had assembled at the union's council secretariat ahead of their planned protest in the state. Annual Banking Report - Measuring Banks' Resilience Videos Nigerian govt seeks US assistance on food security Business BUA Industries Limited refutes claim of tax liability The digital news outlet Sahara Reporters had on Thursday published a report that the revenue service gave BUA Industries a seven-day ultimatum "to reconcile with the government or pay N198.7 billion arising from non-compliance with income tax laws and VAT returns remittance." Nigerian govt to prioritise domestic crude refining – NUPRC "We all understand that if we can meet our refining obligation, we will be able to impact largely on our economy and the attendant cost of pricing the refined product. Editorial cartoon of the day Arts and Entertainment Mohbad: Coroner inquest, DNA saga, other updates 50 days after late singer's death Fifty days have elapsed since Mohbad's shocking death and during this time, a series of significant developments and events have transpired. Amaju Pinnick sues Davido, obtains interim order against musician The lawsuits followed altercations between Davido and Mr Pinnick in October after the musician failed to show up for an event he was paid to perform. Opinion Politics, democracy and economy in transition: Whither is Tinubu bound?, By Femi Mimiko President Tinubu should prioritise inclusivity in governance and animate his advertised determination to deliver an expanded and more integrated national economy, anchored on democratisation of economic opportunities for Nigerians, especially the youth demographic. The end-state of this schema is inclusive growth and shared prosperity. Above all, the President must commit to a project, wholly directed at making Nigeria attain the full measure of federalism. Atiku, Obi and the road to Kilimanjaro, By Azu Ishiekwene It was the inability of Abubakar's legal team to meet this herculean challenge that forced them on a forgery tourism – a sexier, far less complicated route, which regrettably, often ends in heartbreak… He will have to prove in court, within 180 days, that elections in a substantial number of the 176,846 polling units scattered in some of the country's remotest villages and involving an estimated 187 million odd ballots had been rigged. And this would happen in a court barely equipped or prepared for such a grind. Promoted Access Bank seals deal with Afreximbank to support $1.352billion key trade-enabling projects in Lagos Access Bank seals deal with Afreximbank to support $1.352billion key trade-enabling projects in Lagos. Zenith Bank caps stellar Q3 2023 performance with triple-digit growth in topline and bottom line This performance demonstrates the Group's resilience and strong market share despite a very challenging macroeconomic environment. Chevron and Tethys Ltd unite to exclusively manufacture, market and sell Texaco-branded lubricants in Nigeria Through this strategic collaboration, motorists in Nigeria will have access to a wide range of locally blended Texaco-branded premium performance automotive and industrial lubricants, under the Texaco, Havoline® and Delo® brands. Sports 2023 BOWFT: Edo Queens crowned champions after slim win over Bayelsa Queens The best coach of the tournament went to the coach of Edo Queen Moses Asuku, while Suliat Abideen won the Most Valuable Player (MVP) of the tournament. CAF Awards 2023: CAF announces nominees for men's categories (FULL LIST) The CAF Awards 2023 nominations are based on the performance of the nominees between November 2022 and September 2023. Fact Checker Liberia's run-off: Who will it be, Weah or Boakai? The quest to obtain Liberia's highest office is still in limbo after a highly competitive first round pushed the elections into a run-off. Since Aug. 5, 2023, 20 different personalities have been canvassing for votes. They passionately sought the consent and votes of the Liberian people to entrust either of them with the executive power of the state. Misleading! Finance Minister did not order removal of Lofa and Nimba citizens working with LRA Claim: "Minister of Finance and Development Planning, Samuel Tweah, is demanding the removal of all Lofa and Nimba citizens from professional posts at the Liberia Revenue Authority (LRA)," a viral WhatsApp message has alleged. Health UNFPA supports treatment of 104 VVF patients in Kaduna The condition is among the most distressing complications of gynaecologic and obstetric procedures. UNFPA supplies family planning commodities to 700 Kaduna health facilities – Official "There is also the problem of unsafe abortion when people are not ready, and the solution is simply contraceptives." Read our Top Stories From Last Week Otedola gifts N1 million each to all students of Nigerian private university The N750 million scholarship donation according to Mr Otedola is in commemoration of his appointment as the Chancellor of the university and "in recognition of the harsh economic situation" in Nigeria. Tinubu appoints top EFCC prosecutor, six others as justice minister's aides Mr Tinubu deployed the new appointees to justice ministry, where they will work under the Attorney-General of the Federation. University lecturer found dead with slit throat Mr Bolarin said her body was discovered on Sunday morning after members of her church went to her home because she did not attend the church service. Subsidy Removal: Reps reject motion to make WAEC, NECO, JAMB, others free for Nigerian students The motion sought to urge the Ministry of Education to declare 2023 and 2024 WAEC, NECO and JAMB examinations registration free to enable the common man have a direct benefit of fuel subsidy removal palliatives. Despite economic hardship, Tinubu to spend N1.5bn on cars for 'first lady's office', N2.9bn for SUVs Aside from the office of the first lady, the government plans to spend another N2.9 billion on Sport Utility Vehicles (SUV) for the Presidential Villa, and another N2.9 billion to replace operational vehicles for the presidency. Copyright © 2023 PremiumTimes, All rights reserved. Our mailing address is: newsletter@premiumtimesng.com Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.