I Have Not Taken A Penny From NNPC In Three Months Before Meeting My Obligations – Tinubu Brags

President Bola Tinubu has disclosed that in the last three months he has fulfilled Nigeria’s financial obligation without touching remittance from the Nigerian National Petroleum Company Limited (NNPCL) or exploring Ways and Means from the Central Bank of Nigeria (CBN).

Speaking during a media chat on Monday night at his Bourdillon residence in the highbrow Ikoyi area of Lagos State, the President said he has met Nigeria’s financial obligations without falling back to the old order.

Push me to my brag mode, in the last three months, I’ve not taken a penny from NNPC before I meet my other obligations. To me, that is excellent,” a gleeful Tinubu said.

When asked whether he was scoring himself, the President said, “Why not? Will you score me? I should grade myself if I do my homework right”.

‘I Moved Minimum Wage To ₦70,000 To Fight Corruption’ – President Tinubu

Meanwhile, Tinubu on Monday declared that corruption in all its ramifications, is bad for the people.

Tinubu made the declaration while answering a question during his first presidential media chat about the intention of his administration to fight corruption.

The Nigerian leader said increasing the minimum wage of workers in the country to ₦70,000 is part of the measures adopted to fight corruption in the country.

He stressed the need to identify the root causes of corruption and deal with such causes.

Corruption in all ramifications is bad for the people, but first of all, pay attention to the causes. Why are the people corrupt?

“The lack of social amenities, lack of funds, their children’s education…”

“There are so many anti-corruption mechanisms that can be put in place that will help the people not to be corrupt, paying them good and living wages. I moved from ₦35,000 to ₦70,000; to me, that’s anti-corruption,” President Tinubu said.

The President added that as part of measures towards fighting corruption, he has made more money available to the state and local governments and is always open about how much the government is making on a monthly basis.

According to him, transparency is one of the tools used to fight corruption.

Tinubu noted that it is difficult to eliminate corruption, but it can be reduced to the barest minimum by meeting the people’s needs.

It’s very difficult to say you will eliminate it (corruption), you will reduce it to the barest minimum, meet the people’s needs,” he said.

Read More

Latest

8 UNESCO-listed rock-cut religious sites you should visit at least once

8 UNESCO-listed rock-cut religious sites you should visit at least once For centuries, communities have carved places of worship, monasteries, shrines and monumental sculptures into cliffs and hillsides. Today, these rock-... 1/8 Ajanta Caves, Maharashtra, India | A UNESCO World Heritage Site since 1983, the Ajanta Caves comprise 30 rock-cut Buddhist monuments dating from the

Top Cryptos Other Than Bitcoin and Ethereum Poised to Benefit From the CLARITY Act

The upcoming CLARITY Act is widely expected to reshape the U.S. crypto market by providing regulatory clarity for digital assets. While Bitcoin (BTC) and Ethereum (ETH) are likely to remain the primary institutional beneficiaries, several altcoins could also gain from increased institutional participation. From cryptos with active ETF ambitions to blockchain ecosystems powering tokenization and

ONDO Price Eyes $0.665 After Breakout and Major SBI Tokenization Deal

You are here: Home / Cryptocurrency News / ONDO Price Eyes $0.665 After Breakout and Major SBI Tokenization Deal Ondo Finance (ONDO) is gaining bullish momentum after confirming a breakout from its downtrend, with analysts watching for continued strength for the ONDO price. Meanwhile, its partnership with Japan’s SBI Group advances real-world asset tokenization and

Payroll Tax Obligations for Small Businesses

As a small business owner, you face various payroll tax obligations that can impact your bottom line. Comprehending what constitutes payroll taxes, the responsibilities you have as an employer, and the deadlines for payments is fundamental. From FICA contributions to unemployment taxes, managing these requirements accurately is vital. Failure to comply could lead to penalties

Newsletter

Don't miss

8 UNESCO-listed rock-cut religious sites you should visit at least once

8 UNESCO-listed rock-cut religious sites you should visit at least once For centuries, communities have carved places of worship, monasteries, shrines and monumental sculptures into cliffs and hillsides. Today, these rock-... 1/8 Ajanta Caves, Maharashtra, India | A UNESCO World Heritage Site since 1983, the Ajanta Caves comprise 30 rock-cut Buddhist monuments dating from the

Top Cryptos Other Than Bitcoin and Ethereum Poised to Benefit From the CLARITY Act

The upcoming CLARITY Act is widely expected to reshape the U.S. crypto market by providing regulatory clarity for digital assets. While Bitcoin (BTC) and Ethereum (ETH) are likely to remain the primary institutional beneficiaries, several altcoins could also gain from increased institutional participation. From cryptos with active ETF ambitions to blockchain ecosystems powering tokenization and

ONDO Price Eyes $0.665 After Breakout and Major SBI Tokenization Deal

You are here: Home / Cryptocurrency News / ONDO Price Eyes $0.665 After Breakout and Major SBI Tokenization Deal Ondo Finance (ONDO) is gaining bullish momentum after confirming a breakout from its downtrend, with analysts watching for continued strength for the ONDO price. Meanwhile, its partnership with Japan’s SBI Group advances real-world asset tokenization and

Payroll Tax Obligations for Small Businesses

As a small business owner, you face various payroll tax obligations that can impact your bottom line. Comprehending what constitutes payroll taxes, the responsibilities you have as an employer, and the deadlines for payments is fundamental. From FICA contributions to unemployment taxes, managing these requirements accurately is vital. Failure to comply could lead to penalties

5 Proven Strategies for Ecommerce Customer Acquisition

If you’re looking to boost customer acquisition for your eCommerce business, you need a clear plan. Start by leveraging targeted paid ads to connect with users ready to buy. Don’t overlook SEO, as it enhances your organic visibility. Consider email marketing with segmented lists for more personalized outreach. Collaborate with influencers to reach niche audiences

Want Your Business to Be Seen Everywhere? Meet Tonia Ryan, Creator of Fix Your Search

Some people are good at their jobs. Then there is Tonia Ryan, who has turned “getting found online” into something close to magic. She is the creator of Fix Your Search, and if you have ever wondered why some businesses pop up everywhere while others seem invisible...

Grey Business processes $61 million as stablecoins dominate payments

Grey Business enables startups and SMEs to open US Dollar (USD) corporate accounts, send and receive international payments, convert currencies, and transact using stablecoins such as USDC and USDT...

Utah Marketers to Host Free Business Networking Event in Layton on June 24

The custom web design company is hosting free monthly networking events for Northern Utah business leaders, with the next event scheduled for June 24 from 4 to 6 p.m. Utah Marketers is hosting a free local business networking event on June 24 from 4 to 6 p.m. at the company’s Layton office. The event is