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The Minister of Foreign Affairs, Geoffrey Onyeama, says plans have been concluded to sign visa-free pacts with eight African countries to promote economic partnership on the continent. Onyeama made the announcement on Tuesday, at a news conference in Abuja, marking one year of President Muhammadu Buhari’s administration. The minister, who did not disclose the names of the countries involved, noted ...
May, 2016
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23 May
Buhari cancels Lagos visit, delegates Osinbajo
President Muhammadu Buhari has called off his two-day visit to Lagos state. According to Garba Shehu, senior special assistant to the president on media and publicity, the president took the decision because of Ramadan. Shehu explained that Vice-President Yemi Osinbajo will represent Buhari, saying the president had earlier rescheduled his visit to Edo state. “The president is faced with scheduling ...
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23 May
Jonathan Flee To Exile Over Fear Of EFCC
Former President Goodluck Jonathan may have gone into temporary self exile in Cote d’Ivoire, following reports that the Economic and Financial Crimes Commission may arrest him on his arrival in Nigeria from his overseas tour on allegations of corruption and misappropriation of billions of dollars in the five years during which he was Head of State,Goodluck Jonathan has learnt. Several ...
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20 May
Shell MD, Buhari In Close Door Meeting,.”.We’re Not Leaving Nigeria”
President Buhari who is the Minister of Petroleum met with Shell Global Upstream Director, Andrew Brown and Shell Nigeria’s MD, Osagie Okunbor at the State House, Abuja today May 20th..Sources said there were talks about the challenges in the sector,especially as it affect Shell as a major player…Shell MD, we also gathered ,affirm,that Shell is not leaving..’rather we will weather ...
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17 May
Senate backs fuel price hike
After over one hour closed session, the Senate on Tuesday gave a tacit support to the controversial increase in the pump price of Petroleum Motor Spirit (PMS) other known as petrol. The Federal Government increased the pump price of petrol from N86.50 per litre to N145 per litre due to paucity of funds and the massive corruption in the fuel ...
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16 May
‘Lack of funds may stall corps members’ mobilisation to camp’
Brig.-Gen. Sulyman Kazaure, Director-General, National Youths Service Corps (NYSC), on Monday told the Senate that lack of funds may stall mobilising 2016 Batch A Stream 2 prospective corps members for orientation. The News Agency of Nigeria (NAN) reports that orientation for the batch is expected to commence on Friday in 37 camps across the country . Kazaure told the ...
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14 May
Lai Mohammed:Price Hike Inevitable, Beneficial To All
Minister of Information and Culture, Lai Mohammed, has said that the increase in fuel price will create 200,000 jobs and prevent the loss of 400,000 more jobs.He said the tough move was to end the lingering fuel scarcity in the country.Speaking in Lagos on Friday, May 13, Mohammed explained that only the liberalisation of petrol supply would ensure the availability of ...
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14 May
Buhari, CBN Oppose Devaluation, Osibajo Disagrees
The Central Bank of Nigeria (CBN) said yesterday that those campaigning for further devaluation of the naira, or speculating it has already devalued the local currency should have rethink. There were speculations that the CBN would devalue the naira, as a last resort to ongoing economic crisis and will come immediately after raising fuel prices. But CBN’s Acting Director, Corporate Communications, ...
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13 May
Tinubu Praises Buhari For Courage To End Subsidy
All Progressives Congress (APC) National Leader Asiwaju Bola Ahmed Tinubu yesterday described the removal of petrol subsidy as a tough but necessary decision which was taken “in the interest of the present and future generation of Nigerians”. Tinubu urged Nigerians to accept the increased price of petrol, raised from N86 to a cap of N145 on Wednesday, as the ...
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9 May
Why I’ll not contest against Buhari in 2019 — Okorocha
The governor of Imo State, Chief Rochas Okorocha, has said that he will not contest against President Muhammadu Buhari in 2019. Okorocha, who is the chairman of APC Governors Forum, said since assumption of office, Buhari had exhibited unparalleled leadership qualities. Okorocha was among APC chieftains who challenged Buhari for the presidential ticket of the APC ahead of 2015 elections. ...
