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President Muhammadu Buhari has lambasted critics of his administration over the state of the economy. Buhari in an interview with Al Jazeera television aired on Sunday , said it was unfortunate that even some people who kept mute in the last 16 years have suddenly found their voice. He was responding to a question by the interviewer that a cross ...
March, 2016
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8 March
Access MD,Wigwe Asks Buhari To Boost Forex Supply, Explore Substitutes
The Group Managing Director, Access Bank Plc, Mr. Herbert Wigwe,who spoke in Lagos on Monday at the Nigerian Economic Summit organised by Economist Events, an arm of The Economist of London,has said a number of manufacturers were facing hard times due to their inability to access forex to buy raw materials. According to him, there is a need to explore ...
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8 March
Dangote Advices Buhari On Oil Price;..Block Leakages, Diversify
Dangote said the fall in crude oil price was not a curse and that the nation must use the opportunity to explore the potential in other sectors of the economy. He said, “This is the right moment to pursue the diversification of the economy, which we have been talking about. I know that once oil gets back to $80 per ...
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4 March
Buhari Splits NNPC Into 30 Companies With Separates MDs
The Nigerian National Petroleum Corporation (NNPC) will soon be broken up into 30 profit-making companies, according to Ibe Kachikwu, Nigeria’s Minister of State for Petroleum Resources and Group Managing Director of the NNPC. The minister also disclosed that each of the thirty companies would have its own managing director. “For the first time, we are unbundling the subset of the ...
February, 2016
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29 February
Presidency Clarifies Stand On N5,000 Monthly To Unemployed Youths
The Presidency is insisting that the N5,000 stipend promised for the vulnerable and poor Nigerians still stands. President Muhammadu Buhari was claimed to have gone back on the promise while speaking to the Nigerian community in Saudi Arabia last week. But the Senior Special Assistant on Media and Publicity, Laolu Akande, while speaking to State House correspondents said that the ...
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22 February
Buhari May Reshuffle Cabinet,Lai,Fayemi For swap!
President Mohammadu Buhari may engage in a minor cabinet reshuffle just 8 months in his administration. The cabinet swap according sources may be due to need to rework on image of the Federal Government. The likely affected ministries are Infomation, which it minister, Alhaji lai Mohammed may be swapped with his solid mineral’s counterpart, Dr. Kayode Fayemi; While the Foreign affair ...
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22 February
‘Buhari’s Major Headache,70% Oil Money Is Gone’
The Minister of Information and Culture, Alhaji Lai Mohammed, said on Saturday that the 2016 budget was not padded. Mohammed said this could be seen from the fact that the total figure voted for all ministries had not exceeded the budgeted N6.08 trillion. Briefing newsmen in Lagos, he said: “The total for every ministry has remained exactly the same as ...
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20 February
Sanusi To Buhari: You Don’t Know Economics, Naira Is Devalued!
Emir of Kano Muhammadu Sanusi II believes Naira has already been devalued – Sanusi’s remarks comes against the backdrop of President Muhammadu Buhari refusal to devalue the currency of Nigeria – Sanusi says FG needs clarity of thinking in the handling of the foreign exchange policy The argument about devaluation of naira is misunderstood because the naira has already been devalued, ...
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18 February
Sacked DGs disobey Buhari’s directive
Some of the 26 sacked DGs from government agencies have acted in defiance of President Buhari’s directive – Buhari had directed the sacked DGs to vacate office and handover to the most senior officers – Some have refused to handover while some others handed over to those who were not the most senior officers Five of the 26 heads of ...
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16 February
Mischevious Critics Tag Adeboye PAPIP(pastor of any president in power)..visits Buhari
Pastor Enoch Adeboye has made an august visit to Aso Rock ,prompting commentators to recall his affinity with ex-president Jonathan,Ya’radua and Obasanjo…in our mail box ,.not a few refer to him as pastor of any body in power..some see him as not partisan..as a pastor without political boundaries..– The RCCG leader arrived the Presidential villa in the Vice President’s official ...
