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Shettima off to Dallas to attend 2024 US-Africa Business Summit

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Nigeria’s Vice President, Senator Kashim Shettima has departed Abuja for Dallas, United States of America, to represent President Bola Tinubu at the 2024 US-Africa Business Summit hosted by the Corporate Council on Africa.

The Vice President left Abuja on Sunday.
A statement issued by the Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, Stanley Nkwocha, said the Vice President will join other political and business leaders across Africa, the United States of America and beyond for the summit featuring high-level dialogues, networking business sessions and the plenary, all scheduled for the Kay Bailey Hutchison Convention Center in Dallas, Texas.
Other African leaders expected at the summit include H.E. Joseph Boakai, President, Republic of Liberia; H.E. Lazarus Chakwera, President, Republic of Malawi; H.E. Joao Lourenço, President, Republic of Angola; H.E. Mokgweetsi E. K. Masisi, President, Republic of Botswana; H.E. José Maria Neves, President, Republic of Cabo Verde, and Hon. Nthomeng Majara, Deputy Prime Minister, Kingdom of Lesotho.
Read also: AGF Fagbemi pledges FG, states will review sentencing for suicide attempts
Besides the summit plenary, VP Shettima is expected to speak at the Roundtable on African Infrastructure Investment with a focus on impact and returns. He is also scheduled to speak on a high-level panel on agribusiness, focusing on transiting “from food insecurity to thriving agribusinesses”.
Shettima will also speak at a plenary session on Navigating Africa’s Energy Future as well as chair a session dedicated to promoting the ‘invest in Nigeria’ initiative.
He is also expected to attend other meetings and engagements on the sideline of the summit.

Politics

Tinubu to visit Southsouth, Southeast May – Presidency

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The Presidency has revealed that President Bola Tinubu would visit the South-South and South-Eastern parts of the country on the 12th of May, 2026.

The Minister of Works, Dave Umahi, made this revelation on Monday after inspecting the Aba-Port Harcourt Motorway Abia State section and Eleme Axis of the East-West road in Rivers.

According to him, the visit would be to inaugurate the projects that would be completed in April.

Umahi further stated that the federal government has intensified work on key highway projects across the South-South, with several strategic corridors slated for commissioning by President Tinubu during his planned visit to the regions in May.

The project, he said includes the 43-kilometre dualization   of the Aba–Port Harcourt highway, a critical economic artery linking Abia and Rivers states, which officials say will be substantially ready by April.

“They are still committed to any section of the road when they finish for twelve months. If it fails, it’s their business; it’s their problem; they have to repay it.

“But so far, I am happy with their work, and I want them to finish by April so that we can turn it in for Mr President to commission by 12th of May when he visits Southeast and South South,” he said.

 

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President Tinubu To Visit Yola, Interact With Leaders, Inaugurate Completed Projects

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President Bola Tinubu will on Monday pay an official visit to Adamawa State, less than 48 hours after he made a similar visit to Kebbi.

During the one-day visit, President Tinubu will inaugurate completed projects, meet with top government officials, and traditional rulers.

Billed for inauguration in the capital, Yola, and Jimeta, is the eight-lane Galadima Aminu Road linking Gimba and the capital. The model school, comprising pre-primary, primary, and junior secondary classes, will also be inaugurated by the President.

Others include the new multipurpose hall, the remodelled High Court, the newly built officers’ complex, and the renovated Government House.

The President will return to Abuja after the inauguration and the interaction with the state’s indigenes.

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Rep. Cyril Hart Clarifies Tax Reforms, Slashes Claims of Former Governor Amaechi

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Abuja, Nigeria – Hon. Cyril Hart, Member of the House of Representatives, has clarified recent tax reforms, dismissing misinformation spread by former Governor Rt. Hon. Rotimi Amaechi.

Hart explained that VAT on building materials remains 7.5%, contrary to claims of a 25% increase. He emphasized that the 25% Company Income Tax applies to taxable income, not invoice value or turnover.

“Government will NOT take 25% of the INVOICE value of traders or anyone,” Hart stated. Small businesses with ₦100 million turnover are exempt from Tax, and Company Income Tax was reduced from 30% to 25%.

Hart urged citizens to disregard Amaechi’s claims, saying tax law is technical and requires proper interpretation. The reforms aim to ease burdens on small businesses and workers, with effects already visible in reduced PAYE deductions.

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