Lateef Idris

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Tinubu Signs Deep Offshore Tax Incentives Order, Targets $50bn Investment

ABUJA, NIGERIA — August 12, 2026 — President Bola Ahmed Tinubu has signed the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, a policy initiative designed to unlock up to $50 billion in deep offshore oil and gas investments, beginning with the approximately $10 billion Bonga South West project.
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#OsunDecides: Adeleke, Oyebamiji, Salaam clash in final showdown

The governorship debate in Osun State turned combative on Tuesday as APC candidate Bola Oyebamiji challenged Governor Ademola Adeleke to account for about N650 billion in federal allocations allegedly received by his administration, while the governor declared that he was a “bulldozer” who could not be intimidated by federal might.