JUST IN: President Tinubu Approves Free Nationwide Train Rides for Two Weeks

In a move to ease transportation challenges and spread holiday cheer, President Bola Tinubu has approved free nationwide train services from December 20, 2024, to January 5, 2025. The announcement was made by the Minister of Information, Mohammed Idris, during a post-Federal Executive Council (FEC) briefing on Monday.

The decision aims to facilitate travel for Nigerians during the Christmas and New Year celebrations. The initiative reflects the government’s commitment to supporting citizens amid the festive season.

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University of Abuja Renamed to Yakubu Gowon University

During the same briefing, the Federal Government revealed that the University of Abuja has been renamed Yakubu Gowon University. This move honors the former Head of State, General Yakubu Gowon, for his contributions to Nigeria’s unity and development.

Focus on the 2025 Budget

The FEC also deliberated on the 2025 Appropriation Bill. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, expressed optimism about the budget’s potential to enhance private sector involvement in the economy. The cabinet remains confident that the fiscal plan will drive sustainable growth and development.

Year-End Updates

Minister Idris confirmed that the Federal Executive Council will hold its final meeting for the year on December 18, 2024. The council will resume on January 6, 2025, after the holiday recess.

These initiatives underscore the Federal Government’s dedication to fostering national unity, boosting economic participation, and ensuring citizens have a stress-free festive season.