Tinubu appoints Disu, Dangote signs petrol deal, banks raise N4tn
President Bola Tinubu has selected AIG Olatunji Disu for a new security role, aiming to strengthen security ahead of the 2027 elections. Dangote has entered an agreement to distribute 65 million litres of petrol, expected to boost fuel supply. Nigerian banks have raised N4tn to meet recapitalisation requirements. Other top stories include police investigations in Abia, a missing UTME applicant in Lagos, and developments in Bayelsa State politics.
What we know
- Bola Tinubu appointed AIG Olatunji Disu to a new security position, with some Deputy Inspectors-General of Police set to retire.
- Dangote signed a deal to distribute 65 million litres of petrol, aiming to improve downstream fuel supply.
- Nigerian banks have raised N4tn as part of efforts to comply with recapitalisation requirements ahead of a March deadline.
- State governments have expressed support for Tinubu’s Executive Order on oil revenue administration.
- The Federal Government has faced criticism as annual spending on medical tourism reportedly reached $550m.
