Breaking: Tinubu to travel out of Nigeria, next destination reveals

2 days ago 7

President Bola Tinubu has been scheduled to depart Nigeria for Paris successful France, connected Wednesday, April 2, connected a abbreviated moving visit.

This was disclosed successful a connection by the presidency connected the aforesaid day. Bayo Onanuga, the spokesperson to the president, noted that Tinubu volition appraise his mid-term show of his medication and measure his large achievements portion being extracurricular the country.

The connection reads successful part:

“This play of reflection volition pass plans to deepen ongoing reforms and accelerate nationalist improvement priorities successful the coming year.”

President Tinubu's committedness to this determination was being influenced by the caller economical strikes. The connection added that this has been shown successful the study of the Central Bank of Nigeria (CBN) astir a important summation successful the nett overseas speech reserves to $23.11 billion.

According to the presidency, the CBN revelation was a testament to the fiscal reforms Tinubu had started since 2023, erstwhile the reserves were $3.99 billion.

Onanuga further disclosed that the president volition proceed to prosecute members of his squad and volition proceed to oversee the activities of governance.

See the afloat statement here:

Tinubu sacked NNPC boss

This came hours aft the president sacked the erstwhile radical main enforcement serviceman of the Nigerian National Petroleum Commission Limited (NNPCL), Mele Kyari, and announced the assignment of his replacement, Bayi Ojulari.

The president besides sacked each committee members who were appointed alongside Kyari successful November 2023. This latest improvement happened amid the ongoing saga betwixt the NNPC Limited and Dangote Refinery, a large privately owned refinery successful Nigeria.

The NNPC earlier agreed to merchantability Nigeria's crude lipid to the refinery successful naira, with the anticipation of stabilising the currency and reducing substance prices successful Nigeria.

NNPC ends crude for naira woody with Dangote

However, the woody ended a period ago, and the 2 companies did not renew the contract, which has led to an summation successful the terms of fuel.

Retailers are present importing substance alternatively than buying from Dangote, with the backstage refinery besides selling successful dollars pursuing the extremity of the deal.

On April 2, the presidency announced a large shakeup successful Nigeria's large lipid institution arsenic Tinubu's medication sacked each the committee members and made caller appointments.

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Source: Legit.ng

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