* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, September 14, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Ryan Reynolds reveals he called a journalist who said mean things about John Candy – yahoo.com

    Ryan Reynolds Reveals the Moment He Stood Up to a Journalist Who Insulted John Candy

    Entertainment Community Fund Launches Program Supporting Entrepreneurs – Playbill

    Entertainment Community Fund Unveils Exciting New Program to Empower Entrepreneurs

    Behind the turntables: DJ Johnny Kage’s story of perseverance – yahoo.com

    Behind the Turntables: DJ Johnny Kage’s Inspiring Journey of Perseverance

    The other WWE star James Gunn wanted for Peacemaker instead of John Cena – yahoo.com

    The WWE Star James Gunn Originally Wanted for Peacemaker Instead of John Cena

    Quinta Brunson, John Stamos Join Entertainment and Technology Summit – Variety

    Quinta Brunson and John Stamos to Headline Thrilling Entertainment and Technology Summit

    ‘Breaking Bad’ star arrested for incident with neighbor. Here’s the latest – PennLive.com

    Breaking Bad’ Star Arrested Following Neighbor Dispute: Latest Updates

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Billion-dollar coffins? New technology could make oceans transparent and Aukus submarines vulnerable – The Guardian

    Billion-Dollar Coffins? How New Technology Could Make Oceans Transparent and Expose Submarines

    What if artificial intelligence is just a “normal” technology? – The Economist

    What if artificial intelligence is just a “normal” technology? – The Economist

    Lincoln Trail College Receives $100,000 Grant from Marathon Petroleum Corporation for Technology Center – wwbl.com

    Lincoln Trail College Lands $100,000 Grant from Marathon Petroleum to Elevate Technology Center

    Aston Martin to integrate Pirelli’s cyber tyre technology in future models – Just Auto

    Aston Martin to Revolutionize Future Models with Pirelli’s Cutting-Edge Cyber Tyre Technology

    Figure Technology’s stock sizzles after IPO, as investors stay hungry for crypto deals – MarketWatch

    Figure Technology’s Stock Skyrockets After IPO Amid Surging Crypto Investor Excitement

    AI is the ‘most transformational technology’ in our lifetime, AMD CEO argues – Fox Business

    AMD CEO Declares AI the Most Transformative Technology of Our Era

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Ryan Reynolds reveals he called a journalist who said mean things about John Candy – yahoo.com

    Ryan Reynolds Reveals the Moment He Stood Up to a Journalist Who Insulted John Candy

    Entertainment Community Fund Launches Program Supporting Entrepreneurs – Playbill

    Entertainment Community Fund Unveils Exciting New Program to Empower Entrepreneurs

    Behind the turntables: DJ Johnny Kage’s story of perseverance – yahoo.com

    Behind the Turntables: DJ Johnny Kage’s Inspiring Journey of Perseverance

    The other WWE star James Gunn wanted for Peacemaker instead of John Cena – yahoo.com

    The WWE Star James Gunn Originally Wanted for Peacemaker Instead of John Cena

    Quinta Brunson, John Stamos Join Entertainment and Technology Summit – Variety

    Quinta Brunson and John Stamos to Headline Thrilling Entertainment and Technology Summit

    ‘Breaking Bad’ star arrested for incident with neighbor. Here’s the latest – PennLive.com

    Breaking Bad’ Star Arrested Following Neighbor Dispute: Latest Updates

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Billion-dollar coffins? New technology could make oceans transparent and Aukus submarines vulnerable – The Guardian

    Billion-Dollar Coffins? How New Technology Could Make Oceans Transparent and Expose Submarines

    What if artificial intelligence is just a “normal” technology? – The Economist

    What if artificial intelligence is just a “normal” technology? – The Economist

    Lincoln Trail College Receives $100,000 Grant from Marathon Petroleum Corporation for Technology Center – wwbl.com

    Lincoln Trail College Lands $100,000 Grant from Marathon Petroleum to Elevate Technology Center

    Aston Martin to integrate Pirelli’s cyber tyre technology in future models – Just Auto

    Aston Martin to Revolutionize Future Models with Pirelli’s Cutting-Edge Cyber Tyre Technology

    Figure Technology’s stock sizzles after IPO, as investors stay hungry for crypto deals – MarketWatch

    Figure Technology’s Stock Skyrockets After IPO Amid Surging Crypto Investor Excitement

    AI is the ‘most transformational technology’ in our lifetime, AMD CEO argues – Fox Business

    AMD CEO Declares AI the Most Transformative Technology of Our Era

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

The Significance of Tinubu’s First One Week of 2024 By Tunde Rahman

January 14, 2024
in Business
The Significance of Tinubu’s First One Week of 2024  By Tunde Rahman
Share on FacebookShare on Twitter

President Bola Ahmed TinubuPresident Bola Ahmed Tinubu

FIRS

By Tunde Rahman

There couldn’t have been a better predictor of what to expect from President Bola Tinubu in 2024 than the way and manner he began the New Year. For the President, 2024 started on a business like, work-filled note. While many were still savouring the New Year, the Nigerian leader cut short his Christmas/New Year holiday in Lagos, on January 1, hurriedly returned to Abuja and put his signature to the N28.7 trillion 2024 Appropriation Bill passed by the National Assembly. It was his first assignment in the New Year and the way he did it demonstrated the seriousness and patriotic commitment he brings unto the exalted job.

For him, nothing must stand on the way of the onerous responsibility bestowed on him. Senate President, Godswill Akpabio and House of Representatives Speaker, Tajudeen Abbas were shocked to learn the President had returned to Abuja and ready to sign the budget.

Since that first day of the year, it has been one impactful governance step and important decision after another. Indeed, it was one week of 2024 to remember. It reminds me of a song by Canadian rock band, Barenaked Ladies with the same title “One Week”. The song was released as the first single from their 1998 album, Stun. The song is unique for its significant number of pop culture references, and remains the band’s best-known song. According to Wikipedia, when the song reached No. 1 on the US Billboard Hot 100.

In One week of 2024 to remember, President Tinubu made pivotal and landmark decisions, which have been widely applauded.

Critic-turned-admirer of President Tinubu, Reno Omokri, catalogued some of these important decisions and developments in a tweet recently.

The decisions include the suspension of the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Beta Edu, and Coordinator of the National Social Investment Programme Agency, Hajiya Halimotu Shehu, for alleged financial transgressions and the ongoing investigation by the Economic and Financial Crimes Commission to determine their guilt; the summon by the President of another minister alleged to be involved in a controversial contract; the drastic reduction in the entourage of the President’s domestic and international travels; the banning of the money-for-degree universities in Benin Republic, Togo and other countries;, and the clearing of the N12billion outstanding allowances and other arrears for the Super Eagles, taking part in the African Cup of Nations tournament beginning this weekend. Arrears owed other national teams were also paid by the President..

In that preceding week, the Bola Tinubu administration embarked on the payment of wage support benefits to civil servants, the disbursement of N105.5 billion for 266 road repairs, the launch of the automated passport portal and the unfolding of plans to build a new Chinese-funded plant in Nigeria following on the heel of a visit to China by the Minister of Steel Development, Shuaib Abubakar Audu.

The swift suspension of Betta Edu, one of the visible ministers at present, pending the full investigation of the alleged scandal in the ministry not only demonstrates there are no scared cows in the anti-graft crusade, it will also serve as deterrent against others who may otherwise believe the present government is business-as-usual.

However, as some have argued, the minister should not be pilloried until after the full investigation of the allegations against her can establish culpability.

Perhaps, the most exciting of the President’s decisions during that important week, in my view, is the resolve to cut the cost of governance by drastically reducing the number of people in his entourage on local and international trips. President Tinubu directed that the top government functionaries, dignitaries and aides on his travels be slashed by 60 per cent, more than half.
On local trips, the President, for instance, ordered that in the area of security, his team should rely more on the capacity of the security establishment and existing protocols in the host states.

It must be pointed out here that when the President visits a state for instance like his recent visit to Lagos during the Christmas/New Year holiday, during which he decided to observe the Jumat at the Central Mosque in Lagos Island, the long stretch of vehicles noticed in his convoy are not entirely his own. Some dignitaries in Lagos, top security officers, top traditional rulers, political associates and many others simply joined the entourage to the mosque at no prompting of the President.

The importance of cutting the number in the President’s travels apart from the concomitant reduction in total cost of the trip is unmistakable. First, it is in tandem with the demands of the present challenging times when prices of goods and services have skyrocketed owing to what many tie to the prevalent foreign exchange rate.

Second, by slashing the presidential entourage, President Tinubu has again demonstrated leadership by example. He has shown he fully understands what the people are experiencing at present and shares in their pains, which he says will be temporary, according to his New Year Day speech.

Indeed, the cost of governance and administration in Nigeria is high and it has become imperative to bring down this cost. Every possible avenue must be employed to do this. It is estimated that the country mostly spends over 75% of her federal budget on recurrent expenditure, leaving less than 25% for capital expenditure. The present administration is set to change this governance narrative. For instance, in the N28.7trillion 2024 budget, recurrent expenditure was pegged at N8.7tr and capital expenditure at N9.9tr. This trend is expected to continue going forward.

– Rahman is a Senior Presidential Aide

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : EconomicConfidential – https://economicconfidential.com/2024/01/significance-tinubu-first/

Tags: businessSignificanceTinubu’s
Previous Post

Idle Ajaokuta steel mill costs Nigeria N49bn

Next Post

Lucky Orimisan Aiyedatiwa: What is in a Name? by Nafisat Bello

Have you gotten this year’s COVID vaccine? – Live Science

Is It Time for Your COVID Vaccine This Year?

September 14, 2025
Medra Launches Continuous Science Platform to Power the Scientific Frontier – AI Insider

Medra Unveils Groundbreaking Continuous Science Platform to Transform the Future of Research

September 14, 2025
Experts Share Lifestyle Tips to Help Lower High Cholesterol – yahoo.com

Expert-Approved Lifestyle Tips to Naturally Lower High Cholesterol

September 14, 2025
Billion-dollar coffins? New technology could make oceans transparent and Aukus submarines vulnerable – The Guardian

Billion-Dollar Coffins? How New Technology Could Make Oceans Transparent and Expose Submarines

September 14, 2025
Cowboys schedule: Is Dallas playing today? – Yahoo Sports

Is Dallas Cowboys Playing Today? Check Their Latest Schedule!

September 14, 2025
World Athletics Championships 2025: Ryan Crouser, in only competition of year, wins third straight shot put world title – Olympics.com

World Athletics Championships 2025: Ryan Crouser, in only competition of year, wins third straight shot put world title – Olympics.com

September 14, 2025
A potentially K-shaped economy creates dilemmas for the Fed – The Hill

Navigating a K-Shaped Economy: The Fed’s Tough Road Ahead

September 14, 2025
Ryan Reynolds reveals he called a journalist who said mean things about John Candy – yahoo.com

Ryan Reynolds Reveals the Moment He Stood Up to a Journalist Who Insulted John Candy

September 14, 2025
The Surprising Health Benefits of Doing Jigsaw Puzzles, According to Experts – marthastewart.com

Unlock Unexpected Health Benefits by Doing Jigsaw Puzzles

September 14, 2025
Foreign hack of John Bolton’s AOL account cited as part of reasoning for searching his house – CNN

Foreign hack of John Bolton’s AOL account cited as part of reasoning for searching his house – CNN

September 14, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (819)
  • Economy (838)
  • Entertainment (21,716)
  • General (17,026)
  • Health (9,882)
  • Lifestyle (854)
  • News (22,149)
  • People (842)
  • Politics (847)
  • Science (16,049)
  • Sports (21,339)
  • Technology (15,821)
  • World (821)

Recent News

Have you gotten this year’s COVID vaccine? – Live Science

Is It Time for Your COVID Vaccine This Year?

September 14, 2025
Medra Launches Continuous Science Platform to Power the Scientific Frontier – AI Insider

Medra Unveils Groundbreaking Continuous Science Platform to Transform the Future of Research

September 14, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version