Daddy D.O🇳🇬

Abike's husband| Dad | Special Assistant to President @officialabat on Social Media| National Convener, @PBATMediaCentre | Ikorodu Oga | LFC |Opinions are mine

[Daddy D.O🇳🇬 @DOlusegun]

I consider it an honour to be hated for what I believe in. Always have. Always will

[Daddy D.O🇳🇬 @DOlusegun]

ON OIL AND GAS SECTORAL REFORM

A total of ten policy directives have so far been given by President Bola Tinubu’s administration as part of efforts to attract the needed investment into the sector by making Nigeria as competitive as possible.

Whole Final Investment Decision running into tens billions of dollars already been made, the administration is working towards about $50bn in investments by 2030 as we continue to work towards a $1trillion economy.

#BelieveInPBAT

[Daddy D.O🇳🇬 @DOlusegun]

The Federal Government, through the National Cereals Research Institute (NCRI), has received tractors and modern farm equipment from the Government of Japan under a bilateral partnership aimed at strengthening rice research, seed production and Nigeria’s rice value chain. The intervention is expected to boost agricultural mechanisation, improve productivity and increase rice production across the country.

[Daddy D.O🇳🇬 @DOlusegun]

"The increased Federal Allocation has given us more fiscal space to do some of the things that we could not do before. We are using the resources responsibly to revive industries, build roads and provide infrastructure that will directly impact the lives of our people."

Governor @HyacinthAlia of Benue speaks during the latest rounds of

#RHAMediaTour

[Daddy D.O🇳🇬 @DOlusegun]

“Almost all the major rating agencies in the world have said the same thing which is that Nigeria’s economy has turned a corner…. The Nigerian stock markets has risen to the highest levels since its creation.”

As @otegaogra speaks about the impact of President Tinubu’s reforms on the economy in a recent interview.

[Daddy D.O🇳🇬 @DOlusegun]

PRESIDENT TINUBU APPROVES LANDMARK DEEP OFFSHORE INVESTMENT FRAMEWORK TO UNLOCK UP TO US$50 BILLION IN NEW INVESTMENT

President Bola Ahmed Tinubu, GCFR, has approved a landmark reform that replaces project-by-project negotiations with a transparent investment framework designed to unlock up to US$50 billion in deep offshore investment and restart Nigeria's large, capital-intensive offshore developments that have remained stalled for decades.

The reform establishes a transparent, rules-based investment framework capable of supporting the next generation of deep offshore developments, beginning with the approximately US$10 billion Bonga South West project, while strengthening Nigeria's competitiveness for globally mobile investment capital.

The decision builds on President Tinubu's engagement with the Chief Executive Officer of Shell plc, Mr Wael Sawan, during which the  President directed the development of the next wave of measures required to unlock Nigeria's deep offshore investment pipeline. Rather than pursuing project-specific solutions, the Federal Government transformed that directive into a comprehensive investment framework applicable across multiple categories of qualifying developments.

Given effect through the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, the framework replaces project-by-project negotiations with transparent eligibility criteria, clear implementation processes and a durable investment architecture that provides greater certainty for investors while safeguarding long-term national value.

The approval also enables NNPC Limited, as the Government's nominated counterparty under the Production Sharing Contracts, to proceed with the necessary amendments to eligible Production Sharing Contracts required to implement the framework.

A defining feature of the reform is its emphasis on Nigerian industrial capability, said Olu Arowolo-Verheijen,  the President’s special adviser on oil and gas.

“Projects qualifying under the framework will maximise execution within Nigeria wherever commercially and technically feasible, strengthening domestic engineering, fabrication, marine logistics, technical services and project management. The objective is not only to increase investment and production, but also to create skilled jobs, deepen local supply chains and position Nigeria as Africa's regional hub for deep offshore project execution.”

President Bola Ahmed Tinubu commended the Federal Ministry of Justice, the Federal Ministry of Finance, the Federal Ministry of Petroleum Resources, the Nigeria Revenue Service, NNPC Limited, the Nigerian Upstream Petroleum Regulatory Commission, the Nigerian Content Development and Monitoring Board, investing partners and other industry stakeholders whose collaboration, technical expertise and commitment helped shape the framework.

President Tinubu said:

“The countries that attract long-term investment are not necessarily those with the greatest natural resources. They are the ones that provide the greatest certainty. This reform reflects our determination to build an investment environment defined by clear rules, strong institutions and enduring partnerships. We are creating the conditions for capital to flow, for Nigerian businesses to grow, for our people to prosper and for our natural resources to deliver lasting national value.”

Bayo Onanuga
Special Adviser to the President
(Information & Strategy)
August 11, 2026

[Daddy D.O🇳🇬 @DOlusegun]

😂😂😂😂

[Prince Adeshina @RealAdeshina]

You no rugged.

[Daddy D.O🇳🇬 @DOlusegun]

Nigeria’s foreign exchange market recorded a 59% month-on-month increase in FX inflows to $4.4 billion in July, pointing to improved dollar liquidity and stronger domestic participation in the market. The surge was largely driven by increased domestic supply, with domestic inflows more than doubling to $2.9 billion, supported by stronger CBN intervention, higher export proceeds and increased corporate dollar inflows.

CBN FX sales rose to about $1.4 billion in July from an estimated $320 million in June, while exporters’ proceeds increased to $905.1 million, supported by higher crude oil production and firm oil prices. Corporate dollar inflows also climbed 38% to $579.5 million.

Foreign inflows remained around $1.5 billion, although FDI jumped sharply from $19.2 million to $129.9 million, signalling a positive improvement in longer-term investment flows. Analysts expect liquidity conditions to remain supportive, citing stronger domestic participation, continued CBN intervention, offshore inflows and improved reserves.

[Daddy D.O🇳🇬 @DOlusegun]

Tinubunomics Reforms Are Delivering Measurable Results:

Nigeria’s latest economic dashboard shows clear signs of stronger revenue mobilisation, reduced oil dependence and improving macroeconomic stability under President Bola Tinubu’s administration.

FACTS:

- Tax revenue up 113% — rising from ₦12.3tn in 2023 to ₦27.1tn by July 2026.

- Tax-to-GDP ratio improved from about 10% to 13%.

- Non-oil revenue is strengthening, reaching ₦21.4tn, representing 76% of total collections in Q1 2026.

- VAT rose to ₦2.42tn, reflecting stronger domestic revenue mobilisation.

- Foreign reserves hit $51.9bn, a 17-year high.

- Oil production climbed to 1.73 million barrels per day, including condensates, moving above Nigeria’s OPEC quota.

- Four new tax laws have streamlined Nigeria’s tax system and consolidated more than 70 legacy taxes and levies.

- Digital tax administration and e-invoicing are improving collection, compliance and transparency.

- More revenue is reaching states and local governments through the revised VAT-sharing framework.

Overall, Nigeria is collecting more, depending less on oil, plugging revenue leakages and building a stronger fiscal foundation for sustainable growth.

[Daddy D.O🇳🇬 @DOlusegun]

Tinubunomics Reforms Are Delivering Measurable Results:

Nigeria’s latest economic dashboard shows clear signs of stronger revenue mobilisation, reduced oil dependence and improving macroeconomic stability under President Bola Tinubu’s administration.

FACTS:

- Tax revenue up 113% — rising from ₦12.3tn in 2023 to ₦27.1tn by July 2026.

- Tax-to-GDP ratio improved from about 10% to 13%.

- Non-oil revenue is strengthening, reaching ₦21.4tn, representing 76% of total collections in Q1 2026.

- VAT rose to ₦2.42tn, reflecting stronger domestic revenue mobilisation.

- Foreign reserves hit $51.9bn, a 17-year high.

- Oil production climbed to 1.73 million barrels per day, including condensates, moving above Nigeria’s OPEC quota.

- Four new tax laws have streamlined Nigeria’s tax system and consolidated more than 70 legacy taxes and levies.

- Digital tax administration and e-invoicing are improving collection, compliance and transparency.

- More revenue is reaching states and local governments through the revised VAT-sharing framework.

Overall, Nigeria is collecting more, depending less on oil, plugging revenue leakages and building a stronger fiscal foundation for sustainable growth.

[Daddy D.O🇳🇬 @DOlusegun]

Benue state, like many other states in Nigeria, is currently a huge construction site with several projects being undertaken by the state and federal governments.

During the latest round of the Renewed Hope Ambassadors National Media Tour, the Presidential Media team visited some of these projects where we also interacted with citizens of the state to hear their views about these developments.

The Renewed Hope message is being delivered across the length and breadth of Nigeria!

@BenuestateGovt
@frhyacinthalia

#RHAMediaTour
#BelieveInPBAT

[Daddy D.O🇳🇬 @DOlusegun]

Federal Government to establish 12 livestock outposts nationwide to strengthen animal quarantine, improve livestock management, boost meat and dairy production, reduce farmer-herder clashes and advance Nigeria’s food security agenda. Minister of Livestock Development, Idi Maiha, stated this during an inspection of livestock facilities in Cross River State, where he also highlighted the 72,000-hectare Obudu Cattle Ranch as a major opportunity for large-scale dairy and beef production.

[Daddy D.O🇳🇬 @DOlusegun]

Happy birthday your excellency @aBikeDada ❤️❤️

[Bayo Onanuga, OON, CON @aonanuga1956]

Nasarawa state is investing in infrastructure and other people-focused projects with the Tinubu administration providing more money to states and local councils

[Olusegun Bakare𓃵 @theboyisgreat]

Exposing old fo0ls who parade themselves as intelligent people.

[Daddy D.O🇳🇬 @DOlusegun]

My brother, my brother, my friend! Happy, happy birthday to you, @GbengaGOLD.

For over 15 years, you’ve been more than a friend you have been a brother. When I look back at all the years, the good times, the tough times, the thick and thin we’ve been through, and the many times you’ve shown up for me, I’m reminded of just how blessed I am to have you in my life.

I’m genuinely grateful for the gift of you. Thank you for always coming through, for all you do for me and my family, and for being the kind of brother and friend anyone would be lucky to have.

I’m proud of the man you’ve become and even more excited about all that lies ahead.

Cheers to 43 amazing years and to many more years of good health, happiness, success and beautiful memories.

Happy birthday, my brother!

[Daddy D.O🇳🇬 @DOlusegun]

President Tinubu advocated for the introduction of stock market teachings in the classrooms to further create fortunes for young Nigerians and build a sustainable economy while meeting with NGX leadership at the state house yesterday.

“If we can teach it(stock market trading) in the classroom to our undergraduates, if they can be in the classroom without harrowing about how to go about it, we can build a nation filled with prosperity.”

"We have the population, the brain, the resources, audacity to shoot for $1 trillion economy. It is achievable. From stabilizing the naira and supporting key private sector investments to reforming public assets, our focus remains unwavering. I assure you that i won't stop reading, i won't stop thinking, i won't stop supporting you. Thank you to the entire team and everyone dedicated to building a prosperous Nigeria.

— President Bola Ahmed Tinubu

[Daddy D.O🇳🇬 @DOlusegun]

President Bola Ahmed Tinubu has received the Nigerian Exchange Group (NGX Group) Performance Report, highlighting unprecedented growth in Nigeria's capital market since the commencement of the Renewed Hope Agenda, with the NGX attributing the surge to key economic reforms, improved investor confidence, and landmark policy initiatives of the administration.

Key highlights:

- The total market capitalisation of listed companies has grown from just under ₦30 trillion in May 2023 to ₦160 trillion, with projections to reach ₦230 trillion by the end of 2026.

- The NGX All-Share Index has risen from 52,000 points in May 2023 to about 244,000 points, reflecting strong market performance.

- The NGX estimates that about 900,000 new millionaires have been created through wealth generated in the capital market.

- Major listed companies have recorded significant profit growth, with MTN Nigeria's profit rising from about ₦200 billion to over ₦1 trillion, while Dangote Group's profit increased from about ₦240 billion to nearly ₦1 trillion.

- The NGX credited the administration's Investment and Securities Act (ISA) 2025, foreign exchange reforms, banking capitalization programme, and digital transformation initiatives as key drivers of market expansion.

- Nigeria's banking recapitalisation exercise has mobilised over ₦4 trillion in domestic capital, with an additional ₦1.4 trillion expected before the end of the year.

- The digital reforms will, for the first time, enable every Nigerian to buy shares and bonds directly through mobile devices, broadening participation in the capital market.

- NGX expressed confidence that the capital market can finance a substantial portion of the President's $1 trillion economy ambition.

- The Group also urged the Federal Government to support the listing of strategic national assets and encourage major companies operating in Nigeria to pursue dual listings, allowing Nigerians to benefit from wealth created within the country.

[Daddy D.O🇳🇬 @DOlusegun]

Nigeria and Canada have signed an expanded Air Transport Agreement that paves the way for direct scheduled flights between both countries, marking a major milestone in bilateral aviation relations, trade, tourism, and economic cooperation. The agreement is expected to strengthen connectivity, reduce travel time and logistics costs, and deepen commercial, educational, and cultural ties between the two nations.

Key highlights:

- Both countries can now designate multiple airlines to operate scheduled services.

- The agreement provides for 14 weekly passenger flights and 10 weekly all-cargo flights for designated airlines of each country.

- It grants Fifth Freedom Traffic Rights for all-cargo operations, allowing cargo airlines to transport freight between two foreign countries as part of services originating or terminating in their home country.

- The expanded framework is expected to boost tourism, trade, investment, business travel, and cultural exchanges, while lowering travel and logistics costs.

- With over 25,000 Nigerians holding valid Canadian study permits as of 31 March 2026, the agreement is expected to further support educational exchanges and people-to-people relations.

- The agreement expands the bilateral air services framework originally negotiated in 2014 and formally signed in March 2025, representing its first major expansion in more than a decade.

[AJE @Riddwane]

Authentic Bishop has just spoken the truth we have been saying. NDC Bishops cannot gaslight us and pitch the president against a church denomination. Bishop Adegbite 👍🏾

[Daddy D.O🇳🇬 @DOlusegun]

TIJANIYYA SUPREME COUNCIL PRAYS FOR PRESIDENT TINUBU, CONDOLES WITH HIM OVER THE PASSING OF SHEIKH DAHIRU BAUCHI

The Supreme Council of Tijaniyya worldwide has condoled with President Bola Ahmed Tinubu over the passing of Sheikh Dahiru Bauchi, the former leader of the Tijaniyya Islamic organisation in Nigeria.

The delegation of the council, from Algeria, Nigeria and Senegal, representing over 400 million members of the organisation worldwide, also included members of the Sheikh Dahiru Bauchi Foundation led by Khalifa-Sheikh Dahiru Usman Bauchi.

The Khalifa of Tijaniyya from Algeria, Sheikh Ali Bin Arabi, delivered the condolence message to the Nigerian leader at the State House, Abuja.

Sheikh Ali Bin Arabi, who acknowledged the relationship as well as social and economic similarities between Nigeria and Algeria, said, “We will continue to pray for the sustenance of the spiritual relationship between Nigeria and Algeria.

He prayed for “peace and love in Nigeria, physical and spiritual health” of President Tinubu.

In his response, President Tinubu thanked the delegation for the condolence visit. He said: “We miss our father, Sheikh Dahiru Bauchi. He was a beloved father and a great leader.

President Tinubu commended the Tijaniyya Movement for its spiritual activities.

“I respect you for what you are doing for Islam across Africa and the whole world. May God continue to guide you.”

Sheikh Dahiru Bauchi passed away on November 26, 2025, at 98.

Sunday Dare
Special Adviser to the President,
(Media & Public Communications)
August 7, 2026

[Daddy D.O🇳🇬 @DOlusegun]

ICPC CHAIRMAN BRIEFS NIGERIANS ON OUTCOMES OF INVESTIGATION INTO FICTITIOUS PFIPC

Following the directive from the President on the 7th of July,2026 with a 30-day ultimatum to investigate, the Chairman of the Independent Corrupt Practices and Other Related Offences Commission, Dr. Musa Adamu Aliyu, SAN, has briefed Nigerians on the outcomes of the Commission’s investigation into the purported Presidential Foreign Investment Promotion Council (PFIPC) and its self-styled Director-General, Adeniyi Adeyemi Mathew.

In line with the President’s directive, the ICPC concluded its probe and submitted an interim report on the 6th of August 2026. The Commission is now making its findings public.

KEY FINDINGS

1. Adeniyi Adeyemi Mathew was never appointed by the Federal Government or any authorised institution.

2. The so-called PFIPC was never created by any Act, Executive Order, or valid government instrument.

3. The appointment letter and other documents tendered by Adeyemi were confirmed to be entirely forged.

4. The fictitious PFIPC unlawfully took over the offices and operational tools of the defunct Presidential Economic Advisory Council (PEAC)

5. That Adeyemi allegedly engaged in widespread impersonation, false representation, and other illegal activities under the guise of the fake agency.

6. The investigation revealed gaps in verification and inter-agency oversight which were allegedly exploited, with elements of negligence and connivance by some public officers.

7. The ICPC found no record of Federal Government funds being approved or disbursed to the purported PFIPC/PEAC.

8. The systems and processes at the State House and the Central Bank of Nigeria were found to be robust and without compromise.

9. The purported appointment letter did not emanate from the Presidency.

Based on the findings, the ICPC has recommended:

1. Immediate prosecution of Adeniyi Adeyemi Mathew.

2. Administrative sanctions- against public officers whose negligence aided the operation of the fictitious agency.

3. Institutional reforms- to strengthen verification protocols and inter-agency oversight.

Dr. Aliyu stated that the investigation remains ongoing, with particular focus on bank accounts and other individuals linked to the purported PFIPC and Adeniyi Adeyemi.

The Commission assured Nigerians that further actions will be taken as the investigation unfolds.