How Nigeria’ll fund N6.26trn 2022 Budget deficit, by Buhari
President Muhammadu Buhari on Thursday explained how his government would finance the N6.26 trillion deficit in the 2022 Budget. Buhari while presenting the document titled “Budget of Economic Growth and Sustainability” to the Joint Session of the National Assembly today in Abuja, also justified why his government has resorted to borrowing in financing critical infrastructure development. “We plan to finance the...
President Buhari’s budget speech on Economic Growth and Sustainability
PROTOCOLS It is my great pleasure to be here once again to present the 2022 Federal Budget Proposals to this distinguished Joint Session of the National Assembly. Distinguished and Honourable leaders, and members of the National Assembly, let me start by commending you for the expeditious consideration and passage of the Supplementary Appropriation Bill 2021. This further underscores your...
Osinbajo in London for Energy Transition in Africa
Vice-President Yemi Osinbajo today departed Abuja for London, the United Kingdom where he is billed to represent President Muhammadu Buhari at a United Nations High-Level event on the Energy Transition in Africa agenda with a special focus on Nigeria. The event holding tomorrow at the Imperial College will feature meetings organized by UN Energy ahead of the UN Climate Conference...
SERG to FG, Govs: Don’t complicate security situation in South-East
The pan-Igbo socio-political pressure organisation, the South East Revival Group (SERG), has warned the Federal Government and the five governors in the eastern states not to take steps that could worsen the security situation in the region. The group declared that “the cost of reckless utterances and unguarded actions may consume the zone.” The Federal Government had on Wednesday threatened to...
Pension fraud: Court sentences Maina’s son to 24 years imprisonment
Faisal Maina, son of the Chairman, defunct Pension Reformed Task Team (PRTT), Abdulrasheed Maina, has been sentenced to 24 years imprisonment. Justice Okon Abang of the Federal High Court, Abuja, in his judgement, held that Faisal, who was sentenced in absentia, was guilty of all the three-count charge. Justice Okon, who handed down a five-year-jail term for count one bordering on...
Messi: I’ve no regrets leaving Barcelona FC for PSG
Lionel Messi insisted he did not make a mistake leaving boyhood club, Barcelona FC for Ligue 1 giants Paris Saint-Germain. Messi joined PSG on a free transfer after Barca were unable to re-sign the six-time Ballon d’Or winner due to their financial crisis. It ended Messi’s long-standing association with Barca, having made his senior debut for the LaLiga powerhouse in 2004-05. Messi won...
Reps summon NNPC GMD over costal shipping contract
The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, over alleged award of a coastal shipping contract to a foreign company. Rep. Legor Idagbor, the Chairman, House Committee on Nigerian Content Development and Monitoring, issued the summons on Wednesday, in Abuja, during an investigative hearing on the contract allegedly awarded in 2020. He said...
North’ll use votes, strength to produce President in 2023 – Shettima
What is your assessment of Nigeria on her 61st Independence anniversary? It is very sad and unfortunate that at 61 Nigeria is still crawling. It is very unfortunate that our problems rather than getting better have gotten worse to the point that today we are marred with issues of insecurity. The unity of the country is being threatened on a...
Why I’m on the streets protesting, by Adeyanju
You are always on the streets for protests? Why this choice of action? Because it is the right thing to do. As citizens, we do not need to be docile or look away from issues that affect us as a people. The classic theorists of representational government recognised that universal suffrage and majority voting threaten to impose the ‘tyranny of the...
Reflections on 61 years of U.S. – Nigerian Engagement
As Nigeria celebrates its national day, we celebrate our enduring bilateral partnership with the continent’s regional, political, and economic powerhouse. We appreciate Nigeria’s leadership in the region, standing up for the integrity of democratic nations in West Africa. Nigeria was among the first to condemn the recent coup in Guinea, regularly recognizes the need for presidential term limits, and supports...
