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Tinubu pledges sustainable financial system at First Bank HQ groundbreaking
President Bola Tinubu has reaffirmed his administration’s commitment to building a sustainable and globally competitive financial system to allow Nigerian banks and other financial institutions to thrive.
The President, represented by Vice President Kashim Shettima, made the statement on Wednesday during the groundbreaking ceremony for the new state-of-the-art headquarters of First Bank of Nigeria at Eko Atlantic City in Lagos State.
Shettima disclosed this in a statement posted on X.com on Wednesday.
The statement read, “President #officialABAT has said that his administration is working assiduously to create a system that is sustainable and globally competitive, enabling Nigerian banks and other financial institutions to thrive.
“He noted that government policies under his administration are driven by the reality that the nation no longer has the luxury of time to postpone its economic transformation.”
Tinubu who noted that banks can only prosper under a thriving economy, however, pointed out that everything his administration does—and sets out to accomplish—rests on the cooperation and capacity of financial institutions.
“Banks are the engines of economic growth, and we owe it to them to champion a system that guarantees sustainability and global competitiveness.
“Our expectation is for our banks to excel, expand beyond our shores, and earn their place among the world’s most viable and profitable enterprises,” he was quoted as saying.
According to the report, a host of prominent dignitaries and political leaders including the President of the Dangote Group, Alhaji Aliko Dangote, the Chairman of FBN Holdings, Femi Otedola, and former Senate President Bukola Saraki, and governors were among the distinguished guests who attended the event on Wednesday.
President Bola Tinubu has assured all 774 fellows under the newly launched National Health Fellows Programme of automatic employment after their one-year tenure.
“You are hired,” Tinubu declared during the programme’s launch at the State House Conference Centre, Abuja, on Thursday.
In April 2024, Tinubu approved the National Health Fellows Programme, a key initiative under his Renewed Hope Agenda to enhance accountability and efficiency in healthcare delivery.
The fellows, who have been undergoing training since February 27, 2025, under the Sector Wide Approach coordination office, will spend the next year monitoring Primary Healthcare Centres across Nigeria’s 774 local government areas.
The President’s announcement followed a call by the Coordinating Minister of Health and Social Welfare, Prof. Muhammad Pate, for federal, state, and local governments to integrate the fellows into the workforce to advance Universal Health Coverage in Nigeria.
Tinubu hailed the fellows as pioneers of a new era in primary healthcare as Pate highlighted their crucial role in supporting the FG’s plan to expand PHCs from 8,809 to 17,618 by 2027.
The Defence Headquarters has stated that reports from the Nigerian military provide a more accurate account of counter-terrorism efforts in the country than those from external sources.
The Director of Defence Media Operations, Major General Markus Kangye, stated this on Thursday while fielding questions on the 2025 Global Terrorism Index, which was released on March 5.
The index ranked Nigeria sixth globally, with a score of 7.658, moving up from eighth place in 2023 and 2024. It also recorded 565 terrorism-related deaths in Nigeria in 2024.
Using a family analogy, Kangye argued that information from the family head should be deemed more credible than reports from outsiders.
“Something is happening in my house. I am the head of the house. I have children, I have a wife, and then Kuma Shi (someone else) is reporting what is happening in my house to me. Which one would be more correct? The one I tell you as the head of the house or the one Kuma Shi is reporting from outside?” he asked.
He urged the media to verify and correct any misleading narratives about Nigeria’s security situation, adding, “I’m not countering what they put out there, but as observers, you should be the ones to give the correct version of what is happening in Nigeria.”
On the sit-at-home order in the South East, Kangye noted that fear still keeps many residents indoors on Mondays.
He, however, reassured that the military is actively working to restore normalcy and rid the region of IPOB/ESN fighters.
“Who gave the order? IPOB/ESN criminals. Because of what was happening in the South East, Operation Udo Ka was set up—just like Operation Hadin Kai in the North East.
“The past three commanders in the region have been doing very well. They continue to encourage people to go about their normal business, but in some areas, locals stay home out of fear of being attacked. The commanders are working hard to free the South East from IPOB/ESN influence,” he said.
By Amina Anebi, Kaduna
Over two hundred worshippers gathered at Our Lady’s Parish Independence in Kaduna to celebrate Shrove Tuesday, marking the end of the pre-Lenten season with traditional observances, including confessions, the burning of Holy Week palms, and acts of charity.
Shrove Tuesday, also known as Pancake Day, precedes Ash Wednesday and signals the beginning of Lent, a 40-day period of fasting and spiritual reflection observed by many Christian denominations. The term “Shrove” comes from the old English word “shrive,” meaning absolution following confession.
The celebration in Kaduna was led by the Kaduna North Dean and Parish Priest, Very Reverend Father Anthony Okelue, who urged the faithful to embrace the spirit of repentance and charity.
“I urge you all to come closer to God as we embark on 40 days of prayer and fasting. By reflecting on our wrongdoings, we should celebrate with those who have less. That is the essence of this day—giving to the less privileged,” Father Okelue said.
Shrove Tuesday is widely observed by Anglicans, Lutherans, Methodists, Western-Rite Orthodox Christians, and Roman Catholics. The day is traditionally marked by self-examination, repentance, and preparation for the solemn season of Lent.
One of the most recognisable customs associated with Shrove Tuesday is the eating of pancakes, a practice rooted in the need to use up rich ingredients such as eggs, milk, and sugar before the fasting period begins. Church bells are also rung to remind people to repent before Lent.
In many Christian traditions, churches burn the palms distributed on the previous year’s Palm Sunday to prepare the ashes used for Ash Wednesday services. Elsewhere, in countries where Shrove Tuesday is known as Mardi Gras, the day is celebrated with carnivals and feasts before the fasting period begins.
The Roman Catholic Church also marks Shrove Tuesday with the Feast of the Holy Face of Jesus, a devotion reflecting on the suffering of Christ.
Father Okelue encouraged worshippers to see Lent as an opportunity for spiritual renewal. “This is a time for reflection, prayer, and giving. Let us approach it with sincerity and a heart for others,” he said.
As the faithful in Kaduna observed this centuries-old tradition, the emphasis remained on confession, repentance, and charity—values that define the essence of Shrove Tuesday.