Senator Peter Nwebonyi, representing Ebonyi North Senatorial District, went for political consultation at the Izhiola village in Ebonyi LGA.
After the meeting, they took him to the River appealing on him to construct the bridge that link the village and Ohaukwu LGA.
He promised to build the bridge in dry season.
Dear Nigerians,
For many years, Nigeria has possessed some of the most promising deep offshore oil and gas resources in the world, yet several major developments have remained stalled. Oil lies beneath our waters. We have the engineers, businesses and young people capable of doing increasingly sophisticated work in the sector. What has often been missing is the certainty required for investors to commit billions of dollars, over many years, at the scale needed to turn that potential into production, jobs and opportunity for Nigerians.
We cannot afford to leave that opportunity beneath our waters for another decade.
I have therefore signed the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, to provide clear and predictable terms for a new generation of deep offshore investment in Nigeria.
The framework has the potential to unlock up to $50 billion in investment, beginning with the approximately $10 billion Bonga South West project. For existing deep offshore leases, there is a clear window to reach Final Investment Decision by 31 December 2029 and receive the full standard incentive available under the Order.
There is urgency to this work. Capital moves, and countries compete for it every day. 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.
Nigeria must be one of those countries.
This Order marks the tenth major policy directive of my administration targeted specifically at the oil and gas sector. Each has dealt with a constraint holding back investment, production or value creation. Taken together, they represent a deliberate effort to make our oil and gas industry more competitive, attract capital back to Nigeria and ensure that more of the value created from our resources remains here at home.
But attracting investment is only half of my purpose.
I want the work that comes with these projects to come home to Nigeria. I want our engineers involved, our fabrication yards working, our marine and technical service companies securing contracts, and our young people acquiring skills that will remain valuable long after the first barrel is produced.
The Order reflects this priority. For projects accessing its supplementary incentives, activities are to be performed in Nigeria, subject to clearly defined exceptions and Nigerian Content requirements.
My ambition is that we use this new investment cycle to build Nigeria into Africa’s regional hub for deep offshore project execution. We should not only possess the resources. We should increasingly possess the skills, businesses and industrial capacity required to develop them.
When I engaged the Chief Executive Officer of Shell plc, Mr Wael Sawan, I directed my team to look beyond a solution for one company or one project. We needed a framework that could unlock a wider pipeline of investment while protecting Nigeria’s long-term interests.
That framework is now in place.
Ultimately, I will judge its success by what Nigerians see from it in terms of good jobs, stronger Nigerian businesses, greater production, increased revenues for the Federation and new capabilities built here at home.
Our natural resources must work harder for our people.
That is the purpose of this decision, and we will pursue it with urgency.
Nigeria First.
Bola Ahmed Tinubu, GCFR
President and Commander-in-Chief of the Armed Forces
Federal Republic of Nigeria
BREAKING: Ogun State has secured a $250 million investment to build Nigeria’s biggest dairy farm in Yewa South. The farm will start with about 10,000 cows, produce more milk, create jobs, support farmers, and grow Nigeria’s livestock industry.
This lady clearly broke down the digital tax deal between FRANCE and NIGERIA, and what it means for Nigeria’s digital sovereignty.
Some people are just shouting without understanding, so I broke it down for better understanding.
IMAGINE YOU ARE IN NURSERY 2 😊
Nigeria has a big piggy bank where it keeps money collected from people and companies. That piggy bank belongs only to Nigeria.
One day, Nigeria tells France:
“Please teach us better ways to collect money, find people who hide money, and make sure big companies pay what they should.”
France says:
“Okay. We will teach, but we will not touch your piggy bank.”
That teaching agreement is called an MoU.
WHAT THIS MoU is NOT
France is not taking Nigeria’s money.
France is not controlling Nigeria’s tax office.
France is not seeing everybody’s money.
France is not changing Nigeria’s laws.
Nigeria is still the boss of its money.
WHAT “SHARING INFORMATION” MEANS
Sometimes, a very big company hides money in another country.
Nigeria can say: “France, please check this one company.”
France checks only that one case, locks the message, and sends it back.
Nobody is opening Nigeria’s whole book.
WHY NIGERIA IS DOING THIS
Some very big companies play hide-and-seek with money.
This agreement helps Nigeria:
Find hidden money.
Make big companies pay.
Get more money without adding new taxes.
ABOUT FEAR AND SHOUTING
Many countries do this:
America and Mexico.
UK and Nigeria.
India and many countries.
It is normal.
SIMPLE ENDING
Nigeria is learning, not selling itself. Nigeria is in charge, not controlled. The piggy bank stays at home.
@SkyRockG2GTTnA@enocksmith84 If you have android phone download:
CricFy TV - Search on Google,
PlayFy TV -Search on Google,
AYA TV - Search on Google,
Tudo Football (Playstore),
Yacine TV (Arab. Comment) - Search on Google
WSS 3.1 - Search on Google
Score808 - Search on Google
A thread on Burkina Faso's 🇧🇫 President Ibrahim Traore, 37, and his leadership after two years since the coup🧵
1. In 2024, President Traoré launched the Postal Bank of Burkina Faso with a capital of approximately $25 million & the Treasury Deposit Bank.
I also want to take this moment to urge all leaders to reflect on the cries of the suffering people and address their legitimate demands. It is crucial for us, the leaders, to urgently address the issues that sparked and fueled these protests.