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Tinubu Breaks Record On Heels Of Historic Closing Bell Ring At NASDAQ

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Tinubu Breaks Record On Heels Of Historic Closing Bell Ring At NASDAQ

 

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PRESIDENT TINUBU BECOMES FIRST EVER AFRICAN LEADER TO RING CLOSING BELL AT NASDAQ; WOOS LARGE SCALE INVESTMENT AT THE NIGERIA-U.S. EXECUTIVE BUSINESS ROUNDTABLE

 

 

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In honour of President Bola Tinubu’s determined global push to aggressively attract foreign direct investment into Nigeria, the world’s second largest stock exchange, the National Association of Securities Dealers Automatic Quotation System (NASDAQ), on Wednesday in the world’s financial capital, invited President Tinubu to ring the closing bell, making him the first African President to ever receive the honour.

 

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The President, surrounded by Nigerian business leaders and officials of the Nigerian Stock Exchange, in trademark fashion, did not fail to seize the opportunity presented by the historic moment to boldly advance his foreign investment push as he stood, live, in front of financial markets at the famous stock exchange.

 

 

Tinubu Breaks Record On Heels Of Historic Closing Bell Ring At NASDAQ

 

 

 

“It’s a great honour for me to be here. I am happy to bring Nigeria to your doorsteps and I am honoured that we are here today with a bubbling Nigerian stock market that will evolve in the West African sub-region. The greatest economy in Africa is Nigeria, there is an immense opportunity in Nigeria where you can invest your money without fear,” the President said.

 

 

 

 

The President noted that his government continues to address longstanding problems and impediments, such as his work to restore and unify the foreign exchange rate market to a stable and trustworthy level, allowing new investors to seamlessly bring their money into the country, free of worries about whether or not they can take their money out at any point in time.

 

 

 

 

 

 

“You’re free to take in your money and bring out your money. I count on you to invest in Nigeria,” the President exclaimed under the lights.

 

 

 

 

 

At the Nigeria-U.S. Executive Business Roundtable held just after the closing bell, President Tinubu assured prospective investors that while he recognizes that investment capital is cowardly in nature, he intentionally brought successful Nigerian industrialists and public officials to share their experiences and operational plans respectively, in addition to all that he has already done to boost the confidence of the global investment community in Nigeria’s presently reforming fiscal, monetary, regulatory and tax policy environment.

 

 

 

 

 

 

“Nigeria is an opportunity that is impossible to replicate or find elsewhere in any part of the world. We have brilliant young people who both innovate and consume at a large scale. Our entrepreneurial spirit is a major part of what makes our market totally unique, aside from demography. Nigerians build businesses and Nigerian businesses partner with other businesses to conduct larger business. There is enough value to spread around. Be careful of what you hear about Nigeria. You may be dissuaded out of a major opportunity that others will take up. We are here for you. We will give you all the support you need to succeed and succeed abundantly,” the President assured the roundtable as he pointed out cabinet officials.

 

 

 

 

 

 

On behalf of the U.S. Government, U.S. Deputy Treasury Secretary, Wally Adeyemo, told U.S. business leaders that he was just a few hours removed from arriving in New York from Lagos, Nigeria, where he was on an official visit that later became a fact-finding mission.

 

 

 

 

 

 

“In Lagos, I saw first hand some of the major reforms you implemented as the Governor of Lagos and the transformative effect it has had on Nigeria’s commercial capital. People have attested to the fact that the reforms you have put in place as President are quickly enhancing confidence. American business is paying attention to that and from what we have seen for ourselves, Nigeria is proving to be a new frontier for investment. We will encourage our companies from our end as those reforms continue to deepen,” Mr. Adeyemo said.

 

 

 

 

 

 

The American Business Council President, Mr. Sops Ideriah, said that the extensive turnout at the roundtable by American Business Chief Executives served as a testament to the degree to which confidence is rising in response to the actions and words of President Bola Tinubu’s administration with respect to ease of business, investment promotion, and his willingness to personally intervene where required to ease the historical concerns of American business people about doing business in Nigeria.

 

 

“Having all the stakeholders in the room, His Excellency the President of Nigeria being here, from government actors at the federal and state level to ministers and tax authorities present, as well as private sector industrialists in Nigeria. We are very positive about the potential of Nigeria and we are just reinforcing to our colleagues the message about the economic opportunities that exist there,” Mr. Ideriah said.

 

 

 

 

 

Acting Chairman of the Federal Inland Revenue Service (FIRS), Mr. Zacch Adedeji, assured the American Captains of Industry that under the leadership of President Bola Tinubu, the nation’s apex tax authority will be focusing its efforts not on taxing the seed, but only on the proportionate taxation of the fruit of fully formed industry, through efficient policy synergy with Nigeria’s sub-national authorities.

 

 

 

 

 

“The President is a business enabler, not a handicapper. Everything we do will be geared toward making your tax assessment and payment processes as digitally efficient and transparent as possible. We are not after the seed, but the fruit and we will keep to this commitment,” Nigeria’s new tax boss affirmed.

Chief Ajuri Ngelale

Special Adviser to the President

(Media & Publicity)

September 21, 2023

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Celebrating Gbajabiamila’s Twin Babies In NASS* By Philip Agbese

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Celebrating Gbajabiamila’s Twin Babies In NASS* By Philip Agbese

Celebrating Gbajabiamila’s Twin Babies In NASS

By Philip Agbese

 

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As the dust settles on the newly renovated main Chambers of the National Assembly, a sense of pride and accomplishment fills the air. As I sit down to write this piece, I can’t help but marvel at the transformation that has taken place within the hallowed halls of the National Assembly, all thanks to the indomitable spirit and vision of Rt. Hon. Femi Gbajabiamila. The recent renovation of the main Chambers of the National Assembly, which now houses the Representatives and the Senate, is nothing short of a dream come true. The newly established National Assembly Library and Research Centre stands as evidence of the unwavering dedication of Femi Gbajabiamila, the current Chief of Staff to the President.

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Celebrating Gbajabiamila’s Twin Babies In NASS*
By Philip Agbese

 

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The Book of History was filled again with overwhelming salient paragraphs when the Chief of Staff to the President and immediate past, Speaker, House of Representatives, Rt. Hon Femi Gbajabiamila, CFR visits the new National Assembly Library/Resource Centre and the Newly renovated House of Representatives Chambers, projects facilitated in the 9th Assembly under Gbajabiamila’s leadership. There, he was received by the Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, Ph.D., principal officers, and other members of the House of Representatives at the National Assembly on Monday.

In a manner reminiscent of a woman in the labour room discovering she’s been carrying twins, the unveiling of these projects has brought an unexpected and delightful surprise to the forefront. The parallel between the birth of new life and the rebirth of the National Assembly is both humorous and enlightening, underscoring the unforeseen potential that lay dormant, waiting to be realized.

What sets these achievements apart is not just their aesthetic appeal but the fact that they were executed and delivered by indigenous contractors. The successful completion of these projects and the inspection of both facilities on Monday has confirmed what many of us have long believed – that we are more than capable of achieving greatness without relying on foreign companies who often seek to exploit us for their gain.

The inspection of these facilities has not only confirmed their quality but has also served as a resounding rebuttal to the notion that foreign companies are the only ones capable of delivering large-scale projects. This display of homegrown excellence stands as a testament to the ingenuity and proficiency of Nigerian contractors, dispelling the myth that foreign entities hold a monopoly on quality construction.

Drawing parallels to the biblical story of Solomon completing the temple started by David, the current Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, Ph.D., exemplifies humility and dedication, which I found admiring and worthy of note. Just as Solomon saw to the completion of his predecessor’s grand vision, Speaker Tajudeen has carried forward Gbajabiamila’s initiatives with grace and commitment. Hon. Abbas is not given to self-aggrandizement, but the one I know to be filled with total humility and respect. His leadership and collaborative approach have been instrumental in ensuring the successful realization of these projects, thereby further reflecting Nigeria’s commitment to democratic governance.

The significance of these developments extends beyond the physical structures themselves. The renovated chambers and the establishment of the research center not only elevate the image of the parliament, but also reflects the grandeur of renowned parliaments, positioning the National Assembly as a hub for legislative research and innovation, not only within Nigeria but across the African continent. This development opens doors for collaboration and knowledge sharing among lawmakers, fostering a more informed and progressive legislative environment. The impact of these facilities will undoubtedly reverberate far beyond the walls of the National Assembly, leaving an indelible mark on the legislative landscape.

Reflecting on my visit to the British Parliament in 2018, I am struck by the uncanny resemblance between those esteemed halls and the newly refurbished chambers here in Abuja. This is a testament to the remarkable work of Gbajabiamila, and I am honoured to witness such a significant milestone during my tenure as a member of the House.

Now let’s picture this – the National Assembly undergoing a makeover, complete with a stylish new library and research centre. It’s as if the hallowed halls received a fabulous makeover, courtesy of none other than Gbajabiamila. The thought of stately politicians surrounded by the trappings of modernity is enough to bring a smile to anyone’s face.

In the spirit of education and enlightenment, it’s crucial to highlight the transformative power of these developments for a clearer understanding. The establishment of a state-of-the-art research centre within our National Assembly is a cause for celebration, as it signifies our commitment to intellectual growth and legislative prowess. With these new facilities, the possibilities for groundbreaking research, innovative legislation, and collaborative efforts are simply boundless.

Special credit must also be given to Hon. Dan Amos, the current House Committee Chairman on House Services, for his outstanding supervision throughout the renovation and establishment processes. His meticulous oversight also ensured that these projects were executed seamlessly, delivering a result that meets the highest standards. Hon. Amos and his committee can be likened to the midwives who facilitated the successful delivery of Gbajabiamila’s vision for the National Assembly. Their dedication and attention to detail deserve good recognition.

As I sit privileged to serve as a member of the House, the transformation of the National Assembly under the leadership of Gbajabiamila has not only inspired a sense of pride but has also evoked a sense of humour and awe at the unexpected and delightful turn of events. The collaborative efforts and dedication of all those involved in making this dream a reality is much overwhelming and it’s a testament to the existing unity in Nigeria as a whole, irrespective of party affiliations or political loyalty. The juxtaposition of the unexpected twin babies and the unveiling of these projects serves as a profound testament to the fulfilment of a grand vision.

Truly for a fact, this recent unveiling of the refurbished chambers, alongside the inauguration of the National Assembly Library and Research Centre, marks a significant milestone in transforming Nigeria’s legislative hub. The brain behind this remarkable feat, Rt. Hon. Femi Gbajabiamila has not only delivered on his vision but has also set a new standard for indigenous excellence in infrastructure development.

In conclusion, the transformation of the National Assembly under the stewardship of Femi Gbajabiamila is not only a testament to his vision and leadership but a resounding declaration of the capabilities and potential of indigenous talent. Gbaja’s unwavering dedication to the betterment of the National Assembly has brought about a renaissance that will leave an indelible mark on the fabric of our legislative institution. The humour, the unexpectedness, and the educational significance of these developments all coalesce to paint a picture of a man who has redefined the landscape of the National Assembly and has emerged as the perfect embodiment of fulfillment.

As we bask in the glory of these achievements, let us not forget the humour and joy that accompanies such momentous occasions. After all, laughter and lightheartedness can make even the most serious of endeavours all the more enjoyable. With great delight and pride, I celebrate the birth of Gbajabiamila’s “twin babies” in the National Assembly, a testament to his vision, leadership, and the potential of indigenous excellence. Cheers to Gbajabiamila and the vibrant future of the National Assembly!

Agbese MHR is the Deputy Spokesperson, National Assembly’s House of Representatives, writing from Abuja.

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Rivers: PDP Group Dismisses Purported Suspension of Rep. Abiante As Child’s Play

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Ganduje: Stop Your Evil Plot Against Tinubu - Yoruba Youths Warn Kano Gov, Kwankwaso

*Rivers: PDP Group Dismisses Purported Suspension of Rep. Abiante As Child’s Play

 

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The PDP National Solidarity Vanguard (PDP-NSV) has dismissed the purported suspension of the member representing Andoni/Opobo Federal Constituency in the House of Representatives, Hon. Awaji-Inombek Abiante.

In a statement signed by its national president Comrade Rowland Ovie, the group described the suspension as unlawful, baseless and something of a child’s play.

Ovie said the acclaimed ward executives from Ngor Ward 1, Andoni Local Government Area of Rivers State are impostors and not even members of the party.

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He added that Abiante is a time-tested party loyalist who has always stood for justice, equity and good governance hence his support for Governor Siminalayi Fubara.

The group, therefore, commended the lawmaker for standing by Governor Fubara who is one of the life-wire of the PDP in Nigeria today.

“The purported suspension of Hon. Awaji-Inombek Abiante by some unknown persons claiming to be members of our great party is not only unlawful but laughable,” the statement said.

“It is another political escapade gone wrong. We know those behind this show of shame and their paymasters. We are glad also that Nigerians know them as well.

“Abiante is a highly principled man known for his honesty, integrity and knack for justice and good governance. He is not one to be easily bullied.

“Due to his strong principles and high moral values, he has shown massive support for Governor Fubara. He believes in the governor’s philosophies and leadership model.

“We, therefore, commend the lawmaker for standing on the side of truth and the masses. He remains a bonafide member of the PDP and one of the party’s strongest pillars in Rivers.

“It is, however, unfortunate that those who have thrown away every iota of honour in them are now going after genuine patriots within the party. We call on all party men and women to expel ‘the bull in the China shop.’

“We also urge the general public to ignore his purported suspension as they are antics of frustrated politicians, particularly in Andoni and Rivers State who are discomforted by his towering political profile.”

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Wike Didn’t Make Asiwaju Tinubu Nigeria’s President – Oduduwa Group

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IS WIKE AN ASSET OR A LIABILITY TO TINUBU?

Wike Didn’t Make Asiwaju Tinubu Nigeria’s President – Oduduwa Group

**** Warns FCT Minister to stop acting like an emperor

 

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The Oduduwa Development Congress (ODC) has disputed the claim of the Minister of the Federal Capital Territory, Nyesom Wike, that he played a significant role in bringing President Asiwaju Bola Ahmed Tinubu to power.

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The group said Wike’s claim is merely a product of his imagination.

ODC emphasized that Nigerians, not Wike, made Asiwaju Bola Tinubu their President, and his victory was a reflection of the will of the people.

Addressing a press conference in Lagos on Monday, the president of the group, Oluwasanmi Sola stated that the FCT Minister should be grateful to President Tinubu for saving him from political obscurity.

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According to Sola, Wike’s utterances and body language imply insubordination.

“The Oduduwa Development Congress wishes to set the record straight that the Minister of the Federal Capital Territory, Nyesom Wike didn’t make Asiwaju Bola Ahmed Tinubu the President of Nigeria,” the statement said.

“We would normally ignore Wike’s claims as the ramblings of a delusional person, but given the power of propaganda to cause harm, we feel compelled to correct the record.

“It’s important to note that the results of the 2023 presidential election, as declared by the Independent National Electoral Commission (INEC), show that Nigerians elected Asiwaju Bola Tinubu as their President, not Wike. Tinubu received a total of 8,794,726 votes, the highest of all candidates, meeting the first constitutional requirement to be declared the winner. He also received over 25% of the votes cast in 30 states, exceeding the 24 states required by the constitution. Local and international observers confirmed that his victory reflected the will of the people, and the Supreme Court upheld the outcome.

“Therefore, Wike’s claim of singlehandedly bringing President Tinubu to power is false and misleading. How could he when he couldn’t secure ordinary ticket of the opposition People’s Democratic Party (PDP) for himself? In President Tinubu’s election victory acceptance speech, he recognized and thanked those who worked hard to secure the victory. However, he did not mention the name of Nyesom Wike. This suggests that the FCT Minister’s claim of playing a significant role in the President’s electoral success is merely a product of his imagination. The former Rivers State governor owes Nigerians an apology for attempting to take credit for our collective mandate.”

The group criticized Wike’s handling of the affairs of the FCT, saying he is running the territory like his personal property.

ODC noted that Wike’s appointments so far have been lopsided, and his actions could negatively impact the support that the President Bola Tinubu administration enjoys from Northerners if the issue is not addressed urgently.

“Unfortunately, Wike’s claim is not only blatant lie but also a crass display of ingratitude. His public posturing is the height of political arrogance. His utterances and body language reek of insubordination. One would expect that haven been saved from political obscurity by President Tinubu’s magnanimity, Wike would be the most loyal of all the President’s ministers but instead he has turned out to be not only ungrateful but also a power-drunk little emperor in Abuja and a liability to this administration.

“The rate of nepotism, cronyism and favouritism in the Ministry of the Federal Capital Territory under Wike is egregious. The FCT Minister has skewed all strategic appointments to favour his cronies and political affiliates from the River State, while millions of other Nigerians, and indigenes of the territory, are left marginalized.

“Wike needs to be reminded that the FCT is not his personal property or an extension of Rivers State. As the Center of Unity, the principle of inclusion must be given priority over any other interest. Therefore, we urge Wike to stop using resources and jobs meant for the FCT to buy and sustain the loyalty of his political allies in Rivers State in his pointless fight against the Governor, Sim Fubara, and focus on discharging his duties as FCT Minister impartially.

“It is regrettably lugubrious, that Wike, who was appointed as the FCT Minister by President Tinubu despite not being a member of the ruling All Progressives Congress (APC), is now making enemies for the President with his tyrannical regime in the FCT instead of serving Mr. President diligently for saving him from monumental shame and disgrace.

“Bearing in mind that the President Tinubu’s administration is at the receiving end of Wike’s actions, we urge the FCT Minister to retrace his steps and tread cautiously or be forced to resign,” the statement added.

 

 

 

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