Publish Details Of Your Foreign Loans Now, Guru Maharaj ji Challenges Buhari
The Founder of One Love Family Satguru Maharaj ji on Sunday urged President Muhammadu Buhari to publish a breakdown of foreign loans obtained by his government since he came to power in 2015. He also urged the President to publish names and photographs of those who have been caught and jailed by the Economic and Financial Crimes Commission (EFCC) and...
Buhari names Soludo, Rewane, Salami in new economic team
President Muhammadu Buhari has named an Economic Advisory Council, EAC. The Council replaces the Economic Management Team that was chaired by the Vice President, Prof Yemi Osinbajo. The new EAC Buhari named on Monday has Prof Doyin Salami as the Chairman. Other members are Dr. Mohammed Sagagi (Vice-Chairman); Prof Ode Ojowu; Dr Shehu Yahaya; Dr Iyabo Masha; Prof Chukwuma Soludo;...
Nigeria’s Economic Problem Generational, Tinubu Working Hard To Tackle It — APC
Felix Morka, the All Progressives Congress (APC) Publicity Secretary, has said that the economic problems the President Bola Tinubu-led administration is working to tackle were created generationally. Morka stated this while commenting on the hardship Nigerians are facing as a result of some economic policies introduced by President Biola Ahmed Tinubu in an interview on Channels TV’s Politics Today. He said...
MDAs Failed To Remit N1.2 Trillion – Fiscal Commission Says
The non-remittance of revenue by most ministries, departments and agencies of government to the Consolidated Revenue Funds of the Federal Government is currently N1.2tn, the Fiscal Responsibility Commission said on Monday. Fiscal Responsibility Commission is responsible for mobilising funds from government-owned organisations through the payment of operating surplus to finance the government’s budget. The Acting Chairman of FRC, Victor Muruako, said...
BUA Chairman, Alhaji Abdulsamad Vows Not To Increase Products’ Price During Ramadan
The Chairman, BUA Group of Companies, Alhaji Abdulsamad Isyaku Rabiu, has promised Nigerians that the company will not increase the price of its products now or during the upcoming Ramadan period. BUA’s representative in the northern region, Alhaji Muhammadu Adakawa, disclosed this during a press briefing held in Kano to address the recent increase of prices of products by some...
FG Stops Purchase Of Vehicles
Federal Government has stopped what it called non-critical and administrative capital spending, including the purchase of vehicles. The Special Adviser to the President on Media and Publicity, Femi Adesina, disclosed this in a document tagged, “What you need to know about the Nigeria Economic Sustainability Plan” made available to journalists in Abuja on Thursday. The plan was developed by the Economic...
FG encourages use of gas-powered vehicles to remove subsidy on petrol
The Minister of State for Petroleum Resources, Timipre Sylva, said that plans are ongoing by the Federal Government to expand the use of Compressed Natural Gas in order to stop subsidy payment on Premium Motor Spirit, also known as petrol. Sylva, who made this known while briefing newsmen in Abuja on Wednesday, said that the government was set to discourage the...
All Debts Incurred By Buhari Justifiable — Fashola
The Minister of Works and Housing, Babatunde Fashola, has said that the Buhari administration has justified all its debts by constructing various infrastructures across the nation. Fashola stated this at the closing ceremony of the 28th National Council of Works meeting held in Kano on Thursday. He said the ongoing projects across the country had justified the debts, especially when compared...
Emefiele’s Humiliation Despite Keeping Economy Afloat Unacceptable — Agbor Indigenes
A community-based organization, Concerned Citizens of Agbor Initiative also known as Concerned Agbor Citizens, CAC, has condemned in strong terms the suspension and arrest of Mr Godwin Emefiele, Governor of Central Bank of Nigeria, CBN. The group in a press release, signed by Mr Echi Obue and Mr Williams Eghebi, Chairman and Secretary respectively, said the Department of State Security,...
Hardship: Some People Working To Undermine Our Efforts — VP Shettima
The Federal Government has said that some people are working to undermine the efforts of the President Bola Tinubu administration to revamp the Nigerian economy. The Vice President, Sen. Kashim Shettima disclosed this at the Public Wealth Management Conference, in Abuja on Wednesday. Pointed accusing fingers at smugglers and politicians as brains behind the attempt to pull the nation backward. The VP...
