Trust Africa News

Tinubu Says World Bank Report Shows Reforms Yielding Results

By Ayomide Otitoju President Bola Tinubu has welcomed the World Bank’s October 2026 Nigeria Development Update, saying its findings indicate that the Federal Government’s economic reforms are yielding results. The report, titled Beyond the Federal Purse: How Higher Revenues Reshaped State Priorities, examines the impact of increased government revenues on spending priorities across the states….

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Dangote, Unveils Share Grant for 7m Nigerians

By Ayomide Otitoju The Aliko Dangote Foundation (ADF) has unveiled a share grant initiative aimed at helping up to five million tertiary students and two million vulnerable women acquire shares in Dangote Petroleum Refinery and Petrochemicals through its Initial Public Offering (IPO). The Foundation’s Managing Director and Chief Executive Officer, Zouera Youssoufou, disclosed that the…

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FG Directs Local Vehicle Assemblers to Boost Production, Quality

The Federal Government has urged local vehicle assemblers to increase production, improve quality and strengthen after-sales services as part of efforts to promote domestic manufacturing under the Nigeria First Policy. Speaking in Abuja, the Director-General of the National Automotive Design and Development Council (NADDC), Oluwemimo Joseph Osanipin, said Nigeria’s vehicle assembly plants have an annual…

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Tegbe Sets Up Committee to Tackle Power Infrastructure Vandalism

By Ayomide Otitoju Minister of Power Joseph Tegbe has convened a ministerial committee comprising security agencies and power sector stakeholders to address the vandalism of electricity infrastructure across Nigeria. The committee was established to develop coordinated measures to prevent attacks on generation, transmission and distribution assets, which disrupt electricity supply, increase repair costs and undermine…

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