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PRESIDENT TINUBU WELCOMES THE REPORT ON NEW GDP GROWTH, ASSURES OF STRONGER ECONOMIC PERFORMANCE

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President Tinubu has welcomed the latest report by the National Bureau of Statistics on the state of the economy, as the country’s Gross National Product (GDP) posted another growth.

According to NBS, the real GDP grew by 3.2% year on year in Q2, higher than the 2.51% recorded in the same period of 2023.

After another report on declining food and headline inflation, this latest report affirms that the economy is on the right trajectory and is indeed on the path to recovery.

As the President said in his August 4, 2024 national broadcast, our economy is recovering. Sooner than later, Nigerians will begin to feel, see, and enjoy the impact of his administration’s economic re-engineering efforts.

We want to reiterate that this government will continue to work assiduously to rekindle Nigerians’ hope and confidence. President Tinubu is working to build a solid and resilient economy.

President Tinubu urged Nigerians to retain their faith in the government and not allow themselves to be swayed by naysayers intent in aborting and undermining the current reforms for their selfish ends.

According to the NBS report, the growth rate in Q2 is higher than the 2.51% recorded in Q2 2023 and higher than the 2.98% growth in Q1 2024.

The GDP’s performance in the second quarter of 2024 was driven by the service sector, which recorded a growth of 3.79% and contributed 58.76% to the aggregate output.

The agriculture sector grew by 1.41% in contrast to the 1.50% recorded in the second quarter of 2023. The industrial sector’s growth was 3.53%, up from the -1.94% recorded in the second quarter of 2023.

The NBS also reported that crude production grew to 1.41 million barrels per day, compared with 1.22 million barrels a year earlier.

“We are confident that with the policies we have put in place, we expected production to rise to about two million barrels very soon,” President Tinubu said.

In terms of share of the GDP, the industry and services sectors contributed more to the aggregate GDP in the second quarter of 2024 compared to the corresponding quarter of 2023.

In the quarter under review, aggregate GDP at basic price stood at N60,930,000.58 million in nominal terms. This performance is higher than the second quarter of 2023, which recorded an aggregate GDP of N52,103,927.13 million, indicating a 16.94% year-on-year nominal growth.

Bayo Onanuga
Special Adviser to the President on Information & Strategy
August 26, 2024

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IMO ON GLOBAL SPOTLIGHT AS GOVERNOR UZODIMMA KICKS OFF 2025 IMO ECONOMIC SUMMIT.

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The governments of Abia and Imo States have announced the launching of a joint security taskforce and surveillance along the Aba-Owerri expressway, starting from Owerrinta in Abia State all the way to Owerri, Imo State.

The launch followed recent attacks by criminals on the expressway, including kidnapping, armed robbery and other criminal activities.

The formation of the joint security taskforce and surveillance was announced by Ferdinand Ekeoma, the Special Adviser to Governor Alex Otti on Media and Publicity.

His statement read in part: “Arising from a strategic emergency security meeting held today, 4th December, 2025, by the Governors of Abia and Imo Sates at the Imo State Government Owerri House, His Excellency Governor Alex Otti and His Excellency Senator Hope Uzodinma resolved to set up a joint security Taskforce that shall consist of Soldiers, Naval Personnel, Police Officers , DSS Personnel, and other Government Security Agencies.

“The joint security Taskforce shall, starting from tomorrow 5th December 2025, patrol the road 24 hours nonstop, while carrying out massive surveillance in the surrounding bushes using sophisticated drones and other modern security equipment.”

According to the statement, Governor Alex Otti commended the Governor of Imo State for arresting the criminals who carried out an attack on His advanced team and other passengers a few days ago.

“The two Governors, while assuring citizens plying the road on a daily basis and those returning home for Christmas of their safety and security, warn that there would be severe consequences for any criminal caught on the road going forward”, Ekeoma concluded.

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President Tinubu Transmits to The Senate Lists Of Ambassadorial Nominees

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President Bola Tinubu has transmitted to the senate two lists of 34 career and 31 non career ambassadors nominees for screening and confirmation.

Prominent names listed as non career ambassadors include Reno Omokri, Femi Fani-Kayode, Gen. Abdulrahman Dambazau, Victor Ikpeazu and Ifeanyi Ugwuanyi.

Also listed as non career ambassadors nominees are Prof. Mahmood Yakubu, Vice Admiral Ete Ibas, Senator Jimoh Ibrahim, Senator Nora Daduut, Fatima Ajimobi, and Senator Ita Enang among others.

The two lists brings to 68 number of persons nominated so far as ambassadors awaiting confirmation by the Senate.

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PRESIDENT TINUBU FORWARDS NEW AMBASSADORIAL LIST TO SENATE, NOMINATES DAMBAZAU, IBAS, CHIOMA OHAKIM AND OTHERS

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By Prince Uwalaka Chimaroke
4-DEC- 2025

President Bola Ahmed Tinubu has submitted a fresh set of ambassadorial nominations to the Senate, featuring a mix of distinguished public figures and seasoned professionals drawn from across the country.

Among the notable nominees are former Chief of Army Staff and ex-Minister of Interior, Abdulrahman Dambazau; former Chief of Naval Staff and immediate past sole administrator of Rivers State, Ibok-Ete Ekwe Ibas; former senator Ita Enang; and Mrs. Chioma Ohakim, former First Lady of Imo State.

The President formally transmitted two comprehensive lists containing 34 career and 31 non-career ambassadorial nominees, bringing the total number of nominees awaiting Senate confirmation to 68.

The newly submitted lists mark another significant step in the administration’s ongoing diplomatic restructuring, aimed at strengthening Nigeria’s representation and presence across global missions.

The Senate is expected to commence screening and confirmation proceedings in the coming days.

 

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