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Buhari: Saudi Arabia Cuts Oil Production To Help Nigeria

8Sep

By Chinedu IbeakanmaNo Comments

News, Nigeria, Petroleum

Buhari: Saudi Arabia Cuts Oil Production To Help Nigeria

President Muhammadu Buhari yesterday played host to the Saudi Arabian minister of Foreign Affairs at State House, Abuja, declaring that the oil rich kingdom had been quite kind to Nigeria. Receiving HRH Prince Faisal Bin Farhan Al-Saud, the President in a statement by presidential spokesman, Femi Adesina, said with Nigeria’s large population and infrastructural deficit, the country needed all the revenue she could get from oil, a mainstay of the economy, “and Saudi Arabia has been very kind to us, making sacrifice by reducing production to accommodate us a number of times.” See Also: FG To Borrow $3 Billion Via Eurobonds In October President Buhari noted that the relationship between the two countries is very strong, “and dates back in time, both at the personal and nati...

Boss Mustapha is a dedicated public servant — Buhari

4Sep

By Chinedu IbeakanmaNo Comments

News, Nigeria

Boss Mustapha is a dedicated public servant — Buhari

President Muhammadu Buhari has described the Secretary to the Government of the Federation (SGF), Mr. Boss Mustapha, as a dedicated public servant, saying that the nation’s COVID-19 management under him is worthy of praise. President Buhari stated this in a statement on the occasion of Mustapha’s 65th birthday anniversary, issued by his Senior Special Assistant on Media and Publicity, Mallam Garba, Shehu in Abuja on Friday. See Also: Why I Sacked Ministers, Buhari Explains The President explained that “since his appointment as SGF, my respect and admiration for Mustapha have grown ever stronger and deeper because of the passion and energy with which he does his job.” He said “Mr. Mustapha is a remarkably competent person who enjoys the confidence and support of his colleagues. ...

1Sep

By Obiajulu Joel NwoluNo Comments

News, Nigeria

Why I Sacked Ministers, Buhari Explains

President Muhammadu Buhari has said he reshuffled his cabinet to inject new energy into piloting the affairs of government. The President had announced the sacking of two cabinet members on Wednesday. Saleh Mamman, the Minister of Power; and Sabo Nanono, the Minister of Agriculture and Rural Development, were sacked by the President. A statement released by Femi Adesina, presidential spokesman, quoted Buhari as saying the changes in his cabinet will be “a continuous process”. The statement read, “Two years and some months into the second term, the tradition of subjecting our projects and programs implementation to independent and critical self-review has taken firm roots through sector reporting during Cabinet meetings and at Retreats. Read also: Why Nigeria’s Economy May So...

Amnesty International Sides With Terrorists – Presidency

1Sep

By Obiajulu Joel NwoluNo Comments

News, Nigeria, Security

Amnesty International Sides With Terrorists – Presidency

The Presidency has accused Amnesty International, a non-governmental organisation that fights abuses, of being an ally of terror groups rather than foreground the liberty of terror victims. The Nigerian government also said the group has no legal right to exist in Nigeria. Garba Shehu, media aide to President Muhammadu Buhari in a statement criticized Amnesty International over its ‘support’ for pro-secession groups like IPOB. The statement read, “Amnesty International’s latest salvo at Nigeria is but more of the same. “Again, they have decided to side with terrorists, before the liberty of those they injure, displace, and murder. “Speaking the language of universal human rights, Amnesty International deploys it only in defence – even outright promotion – of those that viole...

It’s Evil, Pure and Simple By Femi Adesina

27Aug

By Obiajulu Joel NwoluNo Comments

News, Nigeria, Security

It’s Evil, Pure and Simple By Femi Adesina

It is both sad and disheartening to observe the construct that some people try to give certain developments in the country. And that came out in bold relief in this week’s attack on the officers’ quarters of the Nigerian Defence Academy (NDA), in which two people were killed, and one abducted. The news headlines, the slant of the stories, the analyses and discussions, all tended to paint a narrative of the humiliation of our military, the failure of government, and the fact that anarchy had been unleashed on the land. Watching, listening to and reading all the deliberate obfuscation of the matter reinforces the conviction once again that our country is filled with haters of government, of humanity, of good, and even of God. They deliberately muddy the waters, rejoice at evil and all for...

Gov Ortom Threatens To Sue Buhari Over Grazing Routes

23Aug

By Obiajulu Joel NwoluNo Comments

Agriculture, Judiciary, News, Nigeria

Gov Ortom Threatens To Sue Buhari Over Grazing Routes

Benue State governor, Samuel Ortom has promised to sue the President Muhammadu Buhari administration if he goes ahead to implement the recommendations of a committee that reviewed the Grazing Reserve Policy. Buhari last Thursday approved the recommendations of a committee chaired by the Chief of Staff to the President, Ibrahim Gambari to review “with dispatch, 368 grazing sites, across 25 states in the country, and to determine the levels of encroachment.” Presidential spokesperson, Shehu, confirmed this in a statement in Abuja. But the move has been criticised by Southern state governors. The governors in a swift reaction tackled the President over the order to review with dispatch 368 grazing sites in 25 states across the country. Several southern groups, including Yoruba ...

PMB: Call Him Master Finisher By Femi Adesina

20Aug

By Obiajulu Joel NwoluNo Comments

Agriculture, News, Nigeria, Power

PMB: Call Him Master Finisher By Femi Adesina

The country has been agog this week with fallout from the signing of the long-awaited Petroleum Industry Bill (PIB) into law. That legislation has now become Petroleum Industry Act (PIA). President Muhammadu Buhari has done what Napoleon couldn’t do. Again and again. The Bill had defied Olusegun Obasanjo who introduced it, got the better of Umaru Musa Yar’Adua (God rest his soul), worsted Goodluck Jonathan, but has finally been subdued by Buhari. The man has proven to be adept at concluding things that had long trounced and vanquished many leaders before him. The PIB overwhelmed the first to eighth National Assembly, which couldn’t pass it into law. But through synergy and cooperation between the Executive and the Ninth Assembly, Nigeria now has a law for her cash cow, the oil and ga...

FG owes CBN N15.51tn, borrows N14.86tn under Buhari

18Aug

By Obiajulu Joel NwoluNo Comments

Economy, Finance, News, Nigeria

FG owes CBN N15.51tn, borrows N14.86tn under Buhari

The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances has skyrocketed to N15.51tn, rising by 2,286 per cent in six years, data collated from the CBN have shown. The N15.51tn owed by the Federal Government to the central bank is not part of the country’s total public debt stock, which stood at N33.11tn as of March 2021, according to the Debt Management Office. The public debt stock comprises the debts of the Federal Government of Nigeria, the 36 state governments and the Federal Capital Territory. Ways and Means Advances is a loan facility used by the central bank to finance the government in periods of temporary budget shortfalls subject to limits imposed by law. According to Section 38 of the CBN Act, 2007, the bank may grant...

Why Buhari Paid Tinubu A Visit In London –Adesina

16Aug

By Obiajulu Joel NwoluNo Comments

News, Nigeria

Why Buhari Paid Tinubu A Visit In London –Adesina

Femi Adesina, the Special Adviser to President Muhammadu Buhari, has said his principals visit to the National Leader of the All Progressives Congress, APC, Bola Tinubu, was not an endorsement ahead of the 2023 presidential election. Adesina who spoke when he appeared on Channels Television’s Politics Today, said that Buhari visited Tinubu to show goodwill after reports on the APC chieftain’s health. He clarified that Buhari would not support any aspirant for the 2023 presidential election without APC’s affirmation. When asked about the purpose of the meeting, Adesina said, “Yes, that meeting actually happened, but it is all about goodwill and best wishes. “We know that Asiwaju Bola Ahmed Tinubu had been in London about the same time the President was there. We don’t believe wh...

Buhari Spends N41bn on Presidential Fleet Despite Promise To Cut Cost

15Aug

By Obiajulu Joel NwoluNo Comments

Economy, Finance, Nigeria, Transportation

Buhari Spends N41bn on Presidential Fleet Despite Promise To Cut Cost

The President Muhammadu Buhari administration has so far expended N41.9bn to maintain the Presidential Air Fleet contrary to the promise Buhari made during the 2015 presidential election campaigns to reduce waste in governance by downsizing the presidential fleet. As of October 2016, when the Presidency last made a public inventory of the PAF, the fleet included 10 aircraft, namely one Boeing Business Jet (or Air Force One) 737, one Gulfstream G550, one Gulfstream G500, one Hawker 4000, two Falcon 7X, two AgustaWestland AW139 helicopters, and two AgustaWestland AW101 helicopters. By the Presidency’s own admission, Buhari’s promise to sell some of the aircraft in the fleet was aimed at minimising the cost of governance. In October 2016, the Senior Special Assistant to the President...