NEWS
NNPCL, CBN Assure Nigeria Economy on Recover Path as Nass Holds Interactive Session

By Eze Okechukwu, Abuja
The Nigerian National Petroleum Company Limited (NNPCL), the Central Bank of Nigeria (CBN) and other critical stakeholders of the Nigeria economy yesterday assured that Nigeria’s ailing economy was getting revitalized based on emerging indicators.The assurances of getting the economy out of the woods were given during a critical interactive session of the Joint Committees of the National Assembly on Finance with the Ministers of Finance, Wale Edun, Budget and National Planning, Senator Atiku Bagudu, Minister of State for Petroleum , Senator Heineken Lokpobiri , the Group Executive Officer of NNPCL , Mela Kyari and the Governor of Central Bank of Nigeria , Yemi Cardoso.
In his presentation, the Group Executive Officer of NNPCL informed the Committee led by Senator Sani Musa (APC, Niger East) that based on emerging indicators in the Energy and Gas sector, Nigeria will be a net exporter of petroleum by December this year.The indicators according to him were the Port Harcourt refinery that will start production early next month, which will be followed by the one in Warri months after and Kaduna refinery latest by December this year.He added that in a few months’ time, Nigeria’s Oil production would hit 2 million barrels per day as all enablement towards that has already been put in place.”Mr. Chairman and members of the Joint Committee, let me just give a confirmation that NNPCL and the oil and gas industry is very critical in bringing a turnaround in our current economic situation, and we understand the importance of this. We are taking every step that is practical for us to achieve this..”We have already seen growth in our oil and gas production because of certain actions that Mr. President personally took, and also the very mere truth that we have also declared a war on production activities and this is yielding the required results.”The combination of these two has now seen us restoring production in our country, and we believe that, as the Honorable Minister has said, we will soon hit the target of 2 million barrels oil production per day.”I’m aware that there are several comments in the public space around refining business and domestic production, including production that will come from the commissioned Dangote refinery.”Yes, this country, as we have said, will be a net exporter of petroleum products by the end of this year.”We’re very optimistic that by December, this country will be a net exporter. That means a combination of production coming from us, and also from Dangote refinery and other smaller producing companies that we know are in line to do this.”So I can confirm to you, Mr. Chairman, that by the end of the year, this country will be a net exporter of petroleum products.”Specific to NNPC refinery, we have spoken to a number of your committees that it is possible to have the Kaduna refinery come to operation before December, it will get to December. Both Warri and Kaduna but that of Port Harcourt will commence production early August this year “, he said.In his own submission, the CBN Governor represented by Deputy Governor (Economic Policy ) Muhammad Sani Abdullahi said the triple challenges of rising inflation, foreign exchange rate fluctuations and food inflation would take a downward trend soon as indicators to that effect were already emerging.In his submission, the Minister of Budget and National Planning , Atiku Bagudu said the 2024 budget was already being implemented and that there was ongoing negotiation with Labour Leaders on Minimum wage to ensure that there were no further disruptions to the economy.In his remarks, Senator Sani Musa appealed to Nigerians to persevere as the government was working around the clock to stabilise the economy.”Our critical interactive session with you as managers of the economy is about economic growth. It’s about how we can get our policies to work. How we will support Nigerians.”The National Assembly is very concerned because we are the representatives of the people. And we are obliged to ask what is happening. And this is the reason for the meeting .”And we have heard from you. At least you have given us preambles of the activities on how our economy can get back to track.”You are all aware of the obstructions our economy has had in the previous years. And it’s not going to be easy that overnight, in 365 days or in one year of the coming administration, things will change. It will be gradual.”And I believe that Nigerians will persevere. This is the only time we can all come together as Nigerians to give His Excellency the President, all the needed support. In order to get us out of all the trouble we have been in.”The indicators are showing that the economy is doing well. The only thing is that things are a bit difficult because it’s not easy for an inflation that has gone up to go down like that. It takes time”, he said.
NEWS
Tinubu Honors Buhari, Renames University of Maiduguri after Late President

By David Torough, Abuja
President Bola Tinubu has approved the renaming of the University of Maiduguri, Borno State as Muhammadu Buhari University.
“May we now adopt the University of Maduguri as the Muhammadu Buhari University,” Tinubu said at the close of a special session of the Federal Executive Council held to honour Buhari at the Aso Rock Villa, Abuja on Thursday.
The President paid a glowing tribute to Buhari, describing him as “a good man, a decent man, an honourable man” whose legacy of discipline, patriotism and moral uprightness would endure for generations.
Tinubu said although the late president was not without flaws, his unwavering commitment to national service set him apart.
“President Buhari was not a perfect man, no leader is, but he was, in every sense of the word, a good man, a decent man, an honourable man.
“His record will be debated, as all legacies are, but the character he brought to public life, the moral force he carried, the incorruptible standard he represented, will not be forgotten.
“His was a life lived in full service to Nigeria, and in fidelity to God,” he said.
Reflecting on Buhari’s time in office and his long military and civil service, Tinubu praised the late leader’s simplicity, humility, and stoic resistance to the trappings of power.
He said, “He stood, always, ramrod straight; unmoved by the temptation of power, unseduced by applause and unafraid of the loneliness that often visits those who do what is right, rather than what is popular.
“His was a quiet courage, a righteousness that never announced itself. His patriotism lived more in action than in words.”
Tinubu also recounted their political alliance, which culminated in the historic 2015 elections that marked Nigeria’s first democratic transfer of power from one ruling party to another.
“We stood together, he and I. Alongside others drawn from across the political spectrum, regions and tongues, we formed an alliance that enabled Nigeria to experience its first true democratic transfer of power from one ruling party to another.
“When he was sworn in as our party’s first elected President, he led with restraint, governed with dignity, and bore the burdens of leadership without complaint,” he said.
The President expressed admiration for Buhari’s post-office modesty, noting that he returned to his hometown, Daura, without seeking to wield influence behind the scenes.
“When his tenure ended, he returned to Daura; not to command from the shadows or to hold court, but to live as he always had, never seeking to impose his will but content to let others carry the nation forward.
“Even in death, he maintained the serenity that defined him in life: not a sigh, not a groan, just a quiet submission to the will of God. Such was the man Nigeria has lost. Such was the man for whom our nation now mourns,” he added.
Tinubu thanked the Inter-Ministerial Committee and Katsina State Governor, Dikko Radda, for organising a befitting state funeral within 48 hours, describing it as a “profound honour” to lead the burial procession in Daura.
He concluded his tribute with a prayer: “Mai Gaskiya, the People’s General, the Farmer President, your duty is done. May Almighty Allah forgive his shortcomings and grant him Aljannah Firdaus. May his life continue to inspire generations of Nigerians to serve with courage, conviction, and selflessness. President Buhari, thank you. Nigeria will remember you.”
Buhari died on Sunday, July 13, at the age of 82.
NEWS
C’River First Female NUJ Chairman Describes Tenure as Trial Period

The first female Chairman of the Nigeria Union of Journalists (NUJ) in Cross River, Archibong Bassey has said that her first tenure in office was a trial period.
Bassey, who was returned unopposed in council’s election, made the assertion in an interview on Thursday in Calabar.
The Bassey- led executive was first elected on 9th May 2025, to complete the tenure of Nsa Gill, who was then appointed as Chief Press Secretary to Gov.
Bassey Otu.The chairman, who thanked the members for keeping faith in her and her team, said that she would improve on her achievements while correcting any mistakes she might have made in her first tenure.
She pleaded that any member who she must have offended in the course of her leadership should forgive her as she was not perfect and called for unity among members.
“Let’s leave any form of rancour behind, I need all your support;push me from the back, support me as you can.
‘’Tell me your ideas of moving the council forward and not what someone told you about me; I am asking God for the spirit of humility and love, to enable me lead the council well.’’
Earlier in his goodwill message, Dr Erasmus Ekpang, Cross River’s Commissioner for Information, had commended the union’s unity in electing its new executives.
According to Ekpang, they will continue as a government to give the Cross River Council of NUJ what it needs and all the necessary support to enable it carry out its functions objectively.
“I want to thank you for your unity, it’s better to come unopposed, I believe one day, the Cross River Council will emerge as the best in the nation,” he said.
Other executive members who were returned unopposed are Mr Sunday Inah of the Cross River Broadcasting Corporation (CRBC) as Vice Chairman, Michael Abang of Business Day as Secretary.
Others are Kingsley Agim of the Cross River Ministry of Information as Assistant Secretary, Mrs Achiane Adams of the Ministry of Information, Treasurer, and Benedine Tete Anam of the Federal Radio Corporation of Nigeria (FRCN), Auditor.
NEWS
Gov Makinde Confered With Prestigious Chieftaincy Title of Aare Omoluabi of Akure Land by Akure Kingdom

The Akure Kingdom will today bestow a prestigious chieftaincy title, Aare Omoluabi of Akure Land, meaning President of the Respectable People, upon His Excellency, Governor Seyi Makinde of Oyo State.
The conferment ceremony, which will take place in Akure, Ondo State, marks a significant recognition of Governor Makinde’s exemplary leadership, integrity, and contributions to the advancement of Yoruba culture and national development.
The title, one of the highest honors in the Akure Kingdom, celebrates individuals who embody the virtues of respect, dignity, and service to humanity.
Governor Makinde’s conferment reflects his outstanding commitment to good governance, infrastructural development, and fostering unity across Nigeria.
The ceremony will be attended by traditional rulers, dignitaries, and government officials, underscoring the significance of this historic event.
This honor further strengthens the bond between Oyo and Ondo States, fostering mutual respect and cooperation for the progress of the Yoruba nation and Nigeria at large.