TRUMP ADMINISTRATION SET TO RECEIVE $10 BILLION FOR FACILITATING TIKTOK DEAL. (PHOTO).

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 Trump administration set to receive $10 billion for facilitating TikTok deal The Trump administration is reportedly set to receive $10 billion for its role in securing the TikTok US deal. According to reports, the group of investors that acquired stakes in TikTok’s U.S. operations—known as TikTok USDS Joint Venture—already paid $2.5 billion when the deal closed in January, with additional payments scheduled until the total reaches $10 billion. The investors include Oracle, Silver Lake, and MGX. The U.S. entity of TikTok was valued at $14 billion by Vice President JD Vance, providing context for the size of the fee. The administration has a history of involvement in major corporate deals, including an $8.9 billion investment in Intel last year that yielded nearly a 9 percent equity stake. In another high-profile move, the Trump administration received a Boeing 747-8 as a gift from the Qatari government in May.
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PRESIDENT TINUBU ARRIVES ROME. (PHOTOS). #PRESS RELEASE.

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 STATEHOUSE PRESS RELEASE


 

PRESIDENT TINUBU ARRIVES ROME


 

President Bola Ahmed Tinubu arrived in Rome, Italy, on Saturday to join other world leaders at the solemn mass marking the beginning of the Pontificate of His Holiness Pope Leo XIV, the 267th Bishop of Rome and the new leader of the Roman Catholic Church.


The installation mass will take place on Sunday, May 18.


President Tinubu was received at the Mario De Bernardo Military Airport by Ambassador Bianca Odumegwu-Ojukwu, Minister of State for Foreign Affairs, and officials from Vatican City and the Nigerian Embassy after the plane touched down at 6 pm local time.


President Tinubu is in Rome to honour the new Pope's invitation, conveyed by Cardinal Pietro Parolin, the Vatican's Secretary of State.


The Papal invitation underscored the need for President Tinubu's physical presence "at this moment of particular importance for the Catholic Church and the world afflicted by many tensions and conflicts."


"Your great nation is particularly dear to me as I worked in the Apostolic Nunciature in Lagos during the 1980s," Pope Leo XIV further said in the invitation.


President Tinubu's entourage includes the Archbishop of Owerri and President of the Catholic Bishops' Conference of Nigeria, Archbishop Lucius Ugorji, Archbishop Ignatius Kaigama of Abuja, and Alfred Martins of Lagos.


Mathew Hassan Kukah, the Catholic Bishop of Sokoto Diocese, is also in the president's entourage.


 


Bayo ONANUGA


Special Adviser to the President,


( Information and Strategy)


March 17, 2025.

One more photo below. 


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