SENATE APPROVES ₦403.1BN POLICE TRUST FUND BUDGETS FOR 2025, 2026.(PHOTO).

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 SENATE APPROVES ₦403.1BN POLICE TRUST FUND BUDGETS FOR 2025, 2026 The Senate has approved a total of ₦403.1 billion for the Nigeria Police Trust Fund for the 2025 and 2026 fiscal years, to strengthen policing and tackle terrorism, kidnapping, and other security threats. The approved funding includes ₦170.1 billion for 2025 and ₦233 billion for 2026, covering personnel costs, capital projects, and overhead expenses aimed at improving the operational capacity of the Nigeria Police Force. Lawmakers say the funds will support the provision of critical equipment, infrastructure, training, and other resources needed to enhance security across the country. Meanwhile, President Bola Tinubu has sent a bill to the Senate seeking to repeal and reenact the Administration of Criminal Justice Act.  The proposed legislation aims to speed up the delivery of justice, promote the use of technology in criminal proceedings, and establish a Criminal Justice Monitoring Council to oversee implement...

PRESIDENT TINUBU HAILS UNITED ARAB EMIRATE FOR INDUSTRIAL BREAKTHROUGH. (PHOTO).


 PRESIDENT TINUBU HAILS UNITED ARAB EMIRATE FOR INDUSTRIAL BREAKTHROUGH


President Bola Ahmed Tinubu has commended the signing of a strategic Memorandum of Understanding between Nigeria's BUA Group and UAE-based AD Ports Group and MAIR Group in Abu Dhabi.

 

A statement by Bayo Onanuga, Special Adviser to the President Information & Strategy indicates that President TInubu described the MoU as a significant industrial and trade breakthrough arising from renewed Nigeria–UAE engagement under his administration.

 

He said the agreement represents a tangible dividend of strengthened diplomatic ties and expanding economic cooperation following his recent state visits and high-level engagements with the leadership of the United Arab Emirates, which prioritised trade, investment, infrastructure, and food security.

 

The MoU explores collaboration in sugar refining, agro-industrial development, and integrated global logistics solutions, with sugar refining and advanced logistics infrastructure to be developed in the UAE. The initiative is expected to enhance value addition, strengthen supply chain resilience, and deepen structured trade flows between West Africa and the Gulf region.

 

It added, President Tinubu noted that the partnership demonstrates growing international confidence in Nigeria's reform agenda and reinforces the country's commitment to export-led industrialisation.

 

He further stated that the agreement reflects the strength and maturity of Nigerian enterprises capable of competing globally and forming strategic alliances with leading international partners.

 

"Strategic diplomacy must translate into measurable economic gains," President Tinubu said. "This partnership reflects the renewed momentum in Nigeria–UAE relations and our determination to position Nigeria as a competitive industrial and trading nation, while empowering Nigerian businesses to operate confidently on the global stage."

 

The President also observed that BUA Group's established industrial base in Nigeria, including its integrated food processing operations and substantial investments in port infrastructure upgrades, provides a strong foundation for expanded international trade integration.

 

"I must also commend the Chairman of BUA Group, Alhaji Abdul Samad Rabiu, who continues to believe and invest in various sectors of the Nigerian economy, and has shown the world that Nigerian companies are capable of playing on the global stage."

 

President Tinubu reaffirmed his administration's commitment to deepening bilateral economic partnerships that attract investment, expand exports, strengthen Nigerian enterprise, and deliver sustainable prosperity for the country.

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