In a widely published article of 20 November, 2023, under the title: “Mr President and the forex concerns: An invitation to dare,,” I raised particular issues of significance to the value of the Naira, our national currency, and outlined possible pragmatic measures that can be adopted by His Excellency, President Bola Ahmed Tinubu, to bolster and save the Naira from it’s deprecating descent into nothingness, knowing that the power to so act is not only within the realm of the official constitutional endowments of his office but, perhaps, more than that, the President has a pedigree in financial management and,…
Author: Hints News
Ahead of the February 17 primary election, a former Governor of Edo state, Senator Oserheimen Osunbor has warned the mistakes which made the All Progressives Congress (APC) to lose the State to Peoples Democratic Party (PDP) in 2020 must not be allowed to afflict the party a second time. He added that for the ruling APC as a party, Edo State is a low-hanging fruit. Osunbor disclosed this Thursday in Abuja after obtaining Expression of Interest and Nomination Forms, adding that for many APC stakeholders in the state, the coming election was a must win for Edo APC. His words:…
The Minister of Information and National Orientation, Idris Malagi has assured Nigerians that the vision of President Bola Tinubu was to provide succour to Nigerians, revamp the economy and return the country to prosperity and sought for more time. But the Nigeria Labour Congress (NLC), however, insisted that the policies such as fuel subsidy removal – hike in the price of petrol; Naira devaluation, floating foreign exchange market, among others, have brought untold hardship on Nigerians. The minister gave the assurance on Thursday in Abuja at the 21st edition of the Daily Trust Dialogue and Presentation of African of the…
The Ministry of Transportation and Police Service Commission (PSC) has expressed their resolve to strengthen and bolster inter-agency cooperation aimed at enhancing security of transportation infrastructure and safety of commuters in the country. The Minister of Transportation, Senator Said Alkali, gave the hint Thursday during his visit to the Chairman of the Police Service Commission, IGP (rtd) Solomon Arase, at the Commission’s headquarters in Abuja. Alkali while speaking expressed his commitment to foster a harmonious working relationship between both bodies even as he emphasised the importance of synergy in addressing security challenges within the transportation industry. He highlighted the imperative…
The Senator representing Kogi-West, Sen. Karimi Sunday has said that the Senate Whip, Senator Ali Ndume spoke for himself and not the Red Chamber when he condemned the proposed relocation of some departments of the Central Bank of Nigeria (CBN) and the Federal Airports Authority of Nigeria (FAAN) from Abuja, back to Lagos. Sunday in a statement issued Wednesday maintained that Ndume’s position was personal and did not in any way represent a position taken by the Senate. It would be recalled that Ndume in a Channels Television interview on Tuesday warned President Bola Tinubu that there would be political…
The federal government, Tuesday said it was seeking to expand over $11.8 billion bilateral trading partnership with the Republic of India in a bid to boost growth in key sectors of the Nigerian economy. The Minister of Industry, Trade and Investment, Dr. Doris Anite made the disclosure at the Nigeria-India Business Council (NIBC) in Abuja. She said: “India is among Nigeria’s top 10 trading partners, and Nigeria is India’s largest trading partner in Africa.” “The total bilateral trade between India and Nigeria as of 2022 stood at $14.95 billion, as against $8.81 billion during the year 2020 – 2021; this,…
The federal government on Tuesday appealed to all relevant agencies within the Transport sector to cooperate with Nigerian Institute of Transport Technology (NITT) by regularly supplying necessary data for storage, processing and dissemination so as to make Smart National Transport Databank project successful. The Minister of Transportation, Senator Said Alkali hinted that since assumption of office, he made the project a top priority, saying it was his desire to give maximum support to its success. Alkali gave the disclosed this at the One-day stakeholders’ engagement forum on Smart National Transport Databank, organised by the Nigerian Institute of Transport Technology (NITT)…
Nigerian Super Eagles will square up with the Indomitable Lions of Cameroon in the round of 16 at the ongoing 34th Africa Cup of Nations. Cameroon, a five-time champion, edged The Gambia 3-2 in a see-saw group C finale in Bouake on Tuesday. Between them, continental giants Nigeria and Cameroon have eight Africa Cup of Nations titles between them, with the Eagles champions of Africa in 1980, 1994 and 2013, while the Lions triumphed in 1984, 1988, 2000, 2002 and 2017. Incidentally, Nigeria was the fall-guy for Cameroon’s first three wins, with the first of those coming right inside the…
Contrary to reports that Al-Kadriyar sisters were rescued by police anti kidnapping squad and troops of the Nigerian Army, TheHintsNews can reliably report that the sum of N100 million was paid to bandits for their release. Also, the sum of N60 million was paid for the release of the wife and children of Mr. Ariyo who were kidnapped at Sagwari layout in Dutse, Abuja. TheHintsNews reports that Federal Capital Territory (FCT) Police anti-kidnapping squad in a joint operation with the Nigerian Army, had informed the public that they successfully rescued five out of the six Al-Kadriyar sisters abducted from the…
President Bola Tinubu has assured traditional rulers in the South-South geopolitical zone that his administration was committed to addressing their concerns over development and environmental degradation. The President Ia statement issued Tuesday by his Special Adviser on Media and Publicity, Ajuri Ngelale, said the President gave the assurance during a meeting with the South-South Monarchs Forum, led by His Royal Majesty, Maj-Gen. Felix Mujakperuo (rtd), who doubles as the Chairman of Delta State Council of Traditional Rulers, and Vice-Chairman of the South-South Monarchs Forum. The President told the monarchs that his administration was diligently working, both domestically and internationally, to…