FG Moves to Unveil Next Phase of Reforms to Accelerate $1 Trillion Economy Target
Hints of strong growth, investor confidence Tinubu hails reform gains Nigeria assumes chair of G24, lists five priority areas Edun: nation’s chairmanship to prioritise reforming global financial architecture, others Deji Elumoye and Ndubuisi Francis in Abuja
The federal government economic reforms aimed at by 2030. Minister of Finance disclosed this yesterday in yesterday disclosed plans to propelling Nigeria towards and Coordinating Minister of Abuja when he provided an unveil the next phase of its a one-trillion-dollar economy the Economy, Mr. Wale Edun, update on the administration’s
economic reform performance Continued on page 9 Friday 7 November, 2025 Vol 30. No 11170. Price: N400
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All Set for Anambra Election as Soludo, 15 Other Candidates Battle for Governorship... Page 34
GHL: AMCON in Gross Violation of Court Orders Alleges attempt to corruptly take over assets Oil company goes to Supreme Court over crude cargo, moves to set aside arbitration award
Alex Enumah in Abuja
The management of General Hydrocarbons Limited (GHL), has accused the Asset Management Corporation of Nigeria
(AMCON) of gross disobedience to lawful orders of court and an attempt to corruptly take over its asset, over an alleged Non-Performing Loan, it purchased from First Bank
of Nigeria (FBN) Plc. While insisting it never borrowed any money from AMCON in any shape or form nor had any Non-Performing Loans with FBN, AMCON or
any other Bank or Financial Institution, the GHL assured those involved of its determination to pursue lawful cause in seeking redress of the wrong. In a statement, yesterday,
GHL noted that the move by AMCON to appoint a Receiver/Receiver Manager for the firm was in violation of a subsisting court order of a Federal High Court in Lagos,
which restrained the federal government’s agency from taking any action against the assets of the firm. Justice Lewis Allagoa had Continued on page 9
US Weighs Military Options as Tinubu Restates Resolve to Defeat Terrorism President says Nigeria continuing diplomatic engagement with global partners Hegseth directs Africa Command to send plans for possible strikes in Nigeria Baba-Ahmed advises Tinubu to address Nigerians on military threat New US Congress resolution seeks visa ban for Miyetti Allah
Deji Elumoye, Emmanuel Addeh, Chuks Okocha in Abuja and Sunday Okobi in Lagos
Christian genocide in Nigeria, President Bola Tinubu yesterday declared that the country remained resolute in its fight In what appeared to be his first against terrorism, despite dipdirect statement on the ongoing lomatic and political challenges. It was also learnt yesterday stand-off between Nigeria and the United States over alleged Continued on page 9
OPENING CEREMONY OF COP30 HOLDING IN BELÉM, BRAZIL...
L-R: Vice President Kashim Shettima and Brazilian President, His Excellency, Luiz Inácio Lula da Silva, during the opening ceremony of COP30 holding in Belém, Brazil, yesterday