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We handed over a significantly better Nigeria to Buhari, PDP replies Oyegunhttp://sunnewsonline.com/pdp-replies-oyegun-we-handed-over-a-better-nigeria-to-buhari/
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President Muhammadu Buhari on Friday met with the Speaker of the House of Representatives, Mr. Yakubu Dogara, at the Presidential Villa, Abuja. This is the second meeting between the two leaders since the allegation of budget padding was leveled against the Speaker and some principal officers by Abdulmumin Jibrin. Jibrin was the former Chairman of the House of Representatives’ Committee on Appropriation. Dogara did not however disclose the purpose of his visit when approached by State House correspondents. He said, “I am on holiday.” When asked when he would resume, Dogara said journalists were present when the House of Representatives adjourned. When further asked if his visit was part of efforts aimed at mending fences with the President, the Speaker pointed to one of the lawmakers that accompanied him and said, “This man is a Senator from Bauchi State. He is not from the House of Representatives.” http://punchng.com/buhari-meets-dogara-again-inside-aso-rock/ |
OKDnigeria:... and just yesterday, the man was opening his mouth blaming last administration for his incompetence |
Long after some athletes have completed their events and left the Olympic village, kits for most of Nigeria’s team have finally landed in Brazil, according to reports from Vanguard, one of Nigeria’s major dailies. Without the kits, athletes had been forced to “buy kits” while “some athletes competed in their personal kits,” an official of the Athletics Federation of Nigeria told the newspaper. The late delivery is just one of many mishaps in what has been a largely forgettable Olympics for Nigeria. Before the games, the country’s Olympic football team was stranded in Atlanta, USA, in the days leading up to the kickoff of the football event because the sports ministry had not paid for its travel arrangements. The team eventually landed in Rio only seven hours before its first game. Also, athletes were initially told to pay for their own flight tickets to Rio but that directive was reversed after social media outrage. The opening ceremony also was awkward, as the Nigerian Olympics contingent were forced to line up in their tracksuits. The reason: outfits prepared for them had not made it to Rio. Much of the blame for the error-strewn preparations has been pinned on Solomon Dalung, the country’s sports minister. Before the games, Dalung had set a target of 10 medals for the Olympic team but given the shoddy operations, no one is surprised that Nigeria has yet to win any medals. Dalung and sports ministry officials may see political fallout for the failures in Rio, and the long-term consequences will likely include more Nigerian athletes switching nationalities to represent other countries. http://qz.com/762147/nigerias-olympics-kits-have-just-landed-in-rio-but-no-one-needs-them-anymore/ |
The leadership of the All Progressives Congress (APC) in the South West zone converged on Ibadan, Oyo State, yesterday demanded for true federalism in the national polity just as the Vice President, Professor Yemi Osinbajo, reassured that a ‘glorious dawn’ awaits the country. At the zonal conference of the APC with the theme “The South West and the Challenges of Change in Nigeria”, held in the banquet hall of Premier Hotel, Ibadan, the participants, comprising party leaders as well as political office holders, lamented that over one year of assumption of office of the administration, citizens of the geo-political zone were yet to feel the positive impact of governance as anticipated. They, therefore, called for fundamental restructuring of Nigeria, true and genuine federalism and an all-inclusive participatory government. In their speeches, the participants emphasized the need to continue to support the federal government in its ongoing war against corruption, while urging party leaders from the South West to articulate the challenges and prospects of governance in the zone. They said the findings should be presented to the Presidency with a view to cushioning the socio-economic hardship of the citizenry. Among the party leaders in attendance were the governors of Oyo, Osun and Ogun states, Senator Isiaq Abiola Ajimobi, Ogbeni Rauf Aregbesola and Senator Ibikunle Amosun, who was represented by his deputy, Chief (Mrs.) Yetunde Onanuga. Others were the minister of Communications, Barr. Bayo Shittu; minister of Solid Minerals, Dr. Kayode Fayemi; the APC National Deputy Chairman (South), Engr. Olusegun Oni; and the APC National Vice Chairman (South West Zone), Chief Pius Oluwole Akinyelure. Also in attendance were the state chairmen of the party from the entire states in the South West as well as other political office holders. While expressing worry over the dwindling national economy, the APC South West leaders canvassed for restructuring of the country by ensuring a genuine and true federalism, submitting that “it is impossible to go on like this if any meaningful development is to be achieved.” The party leaders also called for a review of the Executive Presidential system of Government currently being practiced in Nigeria saying “it is wasteful, expensive and corrupt.” Vice President Osinbajo, in his address delivered on his behalf by the Special Adviser to the President on Political Matters, Senator Babafemi Ojudu, said the Presidency was not unaware of the economic hardship that the people were facing. His words: “President Muhammadu Buhari is only too aware of the economic hardships that our people are facing. He feels the pains that you feel, and he has asked me to reassure you that a glorious dawn awaits.” http://www.dailytrust.com.ng/news/politics/south-west-apc-asks-osinbajo-to-push-for-true-federalism/159451.html |
dra1987:He is not respected only in Nigeria, pple all over the world admire him. he has won more awards outside than in Nigeria, has been invited for lectures more outside Nigeria than in Nigeria. In fact, he is an example of a prophet not having honour in his own country. |
Progressive01:you are the type that the man is talking abt. Pple filled with jealousy. but as you keep trying to pull him down, he keeps rising higher. Base on how you guys boasted last yr, by now GEJ shld be in prison. But not only does he walk free, his profile keeps rising, he keeps getting awards all over the world, being invited for lectures here and there, visiting Aso Rock anything he wants... That, you can't stomach. that makes you jealous. |
The Federal Government has stated that the country would soon bounce back as the largest economy as been holding the position until South Africa displaced her. Using the Gross Domestic Product at the end of 2015, published by the International Monetary Fund, the size of South Africa’s economy was $301bn, while Nigeria’s GDP was $296bn The Minister of Budget and National Planning, Senator Udo Udoma, while speaking shortly after receiving the report of the three-day pre-summit workshop from the Infrastructure Public Private Partnership Summit Group, said the country would bounce back in no distant time. Udoma called on Nigerians to stop bemoaning the lost glory but rather put all hands on deck to support the government in achieving economic development. He said, “We are determined to turn this economy around and stimulate private sector investments. Losing our position as the biggest economy in Africa should in some way inspire us to work even harder. Sometimes when you are number two, you are actually more motivated to work hard and we should see it as something that should motivate all of us to work harder.” http://dailypost.ng/2016/08/19/nigeria-will-soon-overtake-south-africa-largest-economy-africa-fg/
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Joe Fortemose Chinakwe, who was arrested last Saturday for naming his pet dog ‘Buhari’ has been granted bail. James who was visibly angry after his three-day incarceration in police cell, was let off the hook around 5pm on Tuesday after the intervention of both the Serkin Hausa and President-General of non-indigenes in the state. The prompt intervention of the elders made the complainant to withdraw the case he reported against the trader at Sango-Ota division which was later transferred to Police headquarters at Eleweran. However, police sources said both the complainant and suspect were made to sign an undertaking not to cause any breach of peace again. James who is a father of two from the Niger Delta, who trades on second hand clothing lamented that he was made to suffer for no just cause. Adding that, “It is annoying because the complainant is from Niger Republic and I am sure he is one of those illegal aliens in this country. He alleged that the complainant connived with one Police Sergeant from the Northern part of Nigeria called Musa, who works at Sango Police division to humiliate me. Worse still, the Divisional Police Officer there, did not help matters as he refused to entertain any plea from me after I was arrested that Saturday night. He simply ordered his men to throw me into the cell.” “I did not commit any offence. I named my beloved pet dog Buhari, who is my hero. My admiration for Buhari started far back when he was a military Head of State. It continued till date that he is a civilian President. After reading his dogged fight against corruption, which is like a canker worm eating into the very existence of this country, I solely decided to rename my beloved dog which I called Buhari, after him. I did not know that I was committing an offence for admiring Buhari. Ordeal with Police “I was intimidated and thrown inside the cell with hardened criminals for about three days. While I was there, the complainant from Niger Republic and Sergeant Musa from the North kept on taunting me saying people from my part of the country are trouble makers and that after detaining me, they will throw me into prison where I will die unsung. ”Even when my wife came with our baby on her back, they stopped her from giving me food. One of my friends that came to see me was also maltreated. “While taking me to Eleweran the next day, they handcuffed and chained me together with that my friend. Fortunately, when we got to police headquarters, both the Commissioner of Police and other officers were angry with their colleagues at Sango-Ota. ”They were wondering loudly why I was brought to the headquarters over such a minor case. It’s very unfortunate that I have to be so humiliated in my own country because of the antics of a foreigner in connivance with my brother from the North.” http://www.thebreakingtimes.com/why-i-named-my-dog-buhari-joe-fortemose-chinakwe/ |
Eshiobo Shola (Immediate past president, Institute of Chartered Economists of Nigeria) I think the northern governors and the Presidency are motivated to resume oil exploration in the North because of what the militants are doing in the South-South. But, honestly, the country does not have enough money to pursue that venture. We have done this before, but the exercise proved extremely expensive. If they actually want to do something in that region, they should have continued with the oil wells they dug before rather than prospecting for new ones. Meanwhile, the current state of the economy does not even support that. We need to encourage agriculture. Food is very expensive now; the country spends several billions of naira on food importation on a monthly basis. Every country that has a buoyant economy has a very strong agriculture. More resources should be channelled to agriculture rather than oil exploration. If we are self-sufficient in food, we would survive any economic hardship. But no matter how much oil we export, we would continue to be poor if we rely on imported food to feed the country. • Dr. Dauda Garba (Nigeria Programme Coordinator, Natural Resource Governance Institute) Is it wise to use the scarce resources we have for oil exploration in the North at this challenging time? This is the major question. But I think we need to be forward-looking in terms of prospecting for more reserves for future use. The challenge every country that is into oil business faces is how to ingeniously get companies to do the exploration. One of the ways to do this is by creating the necessary incentives that would attract companies to invest in exploration. If you go into Nigerian history, you would find out that it was through the incentives the late military Head of State, Sani Abacha, created in the 1990s that we discovered much of the oil produced in the country today. It is on this basis that I would argue that we should use the necessary incentives to add to the national oil reserves. But I would not advise the government to limit the exploration to the North. It should include the Niger Delta and other parts of the country. The reserves would be useful to the country when oil prices rise in the future. I don’t think we should use the little money we have for exploration. We should use incentives to encourage companies to do it. When we create reserves, we would be making up for the losses of today. •Afe Mayowa (A former President, Nigerian Association of Petroleum Explorationists) The exploration is a commendable effort. It took 50 years to explore and find oil in the Niger Delta. There was no prospect of oil in the region the first time Shell came. So, it had to leave. But with improved technology, oil was found. In fact, for a long time there was no prospect of oil in the fields where we currently produce. With improved technology and knowledge, we can find oil in the North. And this is the right time to prospect for oil in different parts of the country. The prospect would be brighter when we are producing in Lagos, Maiduguri and the Niger Delta. I believe that would also reduce the agitation by oil-producing communities. So, I don’t see anything wrong with what the government is doing in the Chad Basin. • Abimbola Olanrewaju (Tower Securities and Investment Company Limited) First, the Federal Government may have information many of us are not privy to. In that regard, one may not dismiss the effort as a waste. If the government thinks the investment would be beneficial to the country in the future, then the effort is justified. But considering what we have seen so far, the search for oil in the North is more of an emotional thing than an economic decision. The North wants to be seen to be supportive of the national economy. The exploration does not put into consideration economic factors. For an economic project to be justifiable, its benefits should surpass the cost. The President seems to be too emotional about the exercise. When you see such actions, you should know that economic factors are not given a priority. Politicians, unlike economists, do not analyse projects on the basis of economic factors. I am sure that a lot of money is being put into the project. If they put a lot of money in exploration at the expense of agriculture and other critical sectors, there would be a problem. The government should know that our problem has never been about whether the resources are sufficient or not. The problem has been about the poor management of those resources. •Johnson Chukwu (CEO, Cowry Asset Management Limited) I don’t think the government should commit much resource to oil exploration in the North. Even if you would find oil in the North, you may not find a commercially-viable quantity. Most likely, they would have marginal fields. You may only find oil that would create some political balancing in the oil and gas sector. And the cost of production would be exorbitant. I think the government is motivated by the discovery of oil in Niger Republic, which shares the same seismic location with the North. If you find oil in the North, it would only create some balancing. So, it is not something that the government should devote many resources to. There is nothing wrong with seismic investigation. There are countries that never thought they had oil some decades ago. The likes of Ghana, Kenya and Cameroon never thought they could find oil in their territories. But now, they are oil-producing countries. This could have motivated the North. But the government should know that it may not find a commercially-viable quantity. • Zaka Bala (Energy expert) In a centralised system of government, the natural resources that are located in the country’s territory belong to the entire country. So, it is the duty of the government to ascertain all the natural resources that are in the country. But if an exploration is done for a sectional or political reason, there is a problem. And that would not be good for the country. Mineral resources should be seen as national assets. If they are national assets, exploration should be done in the interest of the entire nation. But if it is done because of a sectional interest and to make a political statement or counter the political output of one part of the country, the exploration would be injurious to the country. In the case of Nigeria, our crude should be considered as a national asset; its management should be approached from this perspective. If we want to fight a criminal group, we should fight it on the basis that it is a threat to the nation and not because it is located in eastern, western or northern part of the country. A similar mindset should be imbibed when dealing with oil and gas issues. Any host community of a national asset should only be considered in terms of corporate social responsibility and the principle of derivation. Apart from that, crude anywhere in Nigeria should be considered as a national asset. Another point we should look at is that Nigeria has seven basins. All the basins belong to Nigeria and all the resources found in any of the basins belong to Nigeria. Today, we only explore the Niger Delta Basin. If there is an effort to explore any of the basins, it should be done in the nation’s interest. Any attempt to sectionalise or politicise the exploration would be injurious to Nigeria’s future. If the exploration in the North is aimed at advancing a sectional interest, there is problem about it http://punchng.com/buharis-search-oil-north-needful/ |
Governor Okezie Ikpeazu of Abia State has won the first appeal delivered by the Court of Appeal in Abuja with respect to the judgments of the Federal High Court in Abuja June 27 removing him from office. Ikpeazu’s appeal was with respect to the ruling delivered by Justice Okon Abang of the Federal High Court in Abuja on July 8 in which the judge insisted that he had jurisdiction to hear a motion for stay of execution of his earlier judgments delivered on June 27 even after the appeals against the judgments had been entered. The Justice Helen Ogunwumiju-led five-man bench unanimously agreed in their judgment that Justice Abang erroneously assumed jurisdiction to hear the motion and adjourned it till a later date. Justice Philomina Ekpe, who read the lead judgment, held that what Justice Abang ought to have done in line with time-honoured doctrine of “stari decisis” was to have transferred the motion to the Court of Appeal for determination. She also held that the Justice Abang wrongly interpreted the provisions of Order 4(10) and (11) of the Court of Appeal rules when he held that the said provisions were only applicable to an interlocutory ruling of the lower court and when a final judgment in a suit had been delivered. She also held that Justice Abang lacked jurisdictions to interpret the provisions of the Court of Appeal being the rules of a superior court. In her contribution, Justice Ogunwumiju, held that the trial judge “deliberately stood the law on its head” by justifying his jurisdiction to hear the motion when appeal has been entered http://punchng.com/breaking-ikpeazu-wins-first-appeal/ |
Mynd44:No. this thread is abt who NOI blamed for lack of political will to save. You guys said she blamed Jonathan, but she has come out to say she never blamed Jonathan but the governors. That's what this thread is about |
Sacked Chairman, Appropriations Committee of the House of Representatives, Abdumumin Jibrin, at the weekend alleged that a former deputy governor of Osun State, Iyiola Omisore, is the ‘godfather’ of Speaker Yakubu Dogara. In a letter addressed to the Chairman of the APC, John Oyegun, Jibrin said he made “an error of judgement’ in supporting Dogara to be the Speaker.” Insisting that Dogara was corrupt, Jibrin said “his godfather is Sen Iyiola Omisore. Speaker Dogara is of the habit of taking standing committee chairmen to swear oath of allegiance before Omisore. “During the build up to the appointment of committee chairmen, I had a terrible disagreement with him. I stayed far away from him. “Who will I tell or run to having played such a leading role in bringing him on board? He operates alone, keep weird relationships with top politicians.” “I was in London when he insisted that he wanted to see me. He came to my hotel room and we talked for hours. I gave him a lot of advice, but I never knew it was getting in from one ears and out from the other,” Jibrin said. The lawmaker added that Dogara was disloyal to the APC and predicted that he would soon plan an attack on the ruling party. Jibrin said, “The role I played, to the best of my conscience at then, sir, was patriotic. I analysed the two candidates (Dogara and Femi Gbajabiamila, who is not the Majority Leader of the House) and felt Speaker Dogara had a better temperament to make a good Speaker. “It was a narrow line of thinking, an error of judgement. It took only few weeks after the election for me to realise the … inside the skin of Speaker Dogara. That was when I started getting reports of his … practices for many years in the House undetected. I fell apart will Speaker Dogara instantly. Contrary to public belief, we have never been close since few weeks after he emerged Speaker. “We practically disagreed on almost everything. From the appointment of committee chairmen, to splitting of committees, to nondisclosure of the finances of the House, to his greed of unifying everything under his control, commercialisation of bills, divisive approach across ethnic and religious line, arrogance and power drunk, during the budget period among many others. But who will I tell or run to having played such a leading role in bringing him on board.” “I wish to state that I deeply regret the role I played in the emergence of Yakubu Dogara as Speaker. I seek the understanding and forgiveness from you, our leaders and every member of the APC family that was hurt by my action. Thank God Almighty, I am young and energetic. I will be 40 on September 9th. I promise that moving forward, I will dedicate and completely commit myself to achieving the goals set out by the party. This case should serve as a lesson for everyone in the future. “I am pretty sure the anti-corruption agencies will do their job and all our party men and women will know the truth at the end of the day. My offence has been my refusal to be used as conduit to facilitate free flow of corruption in the House of Representatives. I came under severe pressure during the budget period to break procedures and commit fraudulent actions. “When they could not use me, the Speaker (allegedly) connived with few committee chairmen and they opened a bazaar of corrupt insertions into the budget. I complained to the Speaker but he took no action, only for me to discover later that he, his deputy, whip and minority leader were (allegedly) indeed the ring leaders of that …cabal in the House. All they wanted was to do away with me, considered the obstacle”, he added. According to Jibrin, problem started when President Muhammadu Buhari returned the budget. He alleged that when he was invited to a meeting of principal officers, the Speaker denied he knew anything about the insertions. “Jibrin said he had decided to “capture properly” his allegations against Dogara and 12 others in the letter “so that you will understand the gravity of the matter at hand and also understand that the allegations are beyond budget issues and includes tens of other criminal allegations that cannot be swept under the carpet.” The lawmaker reminded Odigie-Oyegun that the world was watching how the APC would deal with the issue of “incontrovertible corruption in high places.” He said, “Here, you have a golden opportunity to show the world that there is zero tolerance for corruption in our great party, the APC. Even more is the having a serving member that understands this issue in my person, who has offered to stand as witness and provide every support to the anti- curruption agencies to investigate the allegations thoroughly and commence prosecution in earnest. “There is no better way of demonstrating our commitment to the fight against corruption than to use Speaker Yakubu Dogara and the 12 others as example.” dailypost.ng/2016/08/15/dogara-took-commitee-chairmen-swear-oath-omisore-jibrin-writes-apc/ |
The last of the budget padding saga involving the former chairman of the appropriations committee, Hon. Abdulmumin Jibrin and the leadership of the House of Representatives may not have been heard, as the lawmaker has written the national leadership of the All Progressives Congress (APC), seeking, among other things, forgiveness of the party for the role he played in the election of Speaker Yakubu Dogara. According to him, his latest letter is geared towards furnishing the party with the details of the allegations against Speaker Dogara and the other 12 principal officers. In a letter addressed to the APC national chairman, Chief John Odigie-Oyegun, dated August 12, 2016 and made available to LEADERSHIP, Hon. Jibrin insisted that he committed no offense neither has he ever abused his office or corruptly enrich himself in the 5years he has spent in the House. Jibrin said, “In a nutshell, it will be dangerous and potentially disastrous for the party to keep Speaker Yakubu Dogara on that seat. I wish to state that I deeply regret the role I played in the emergence of Yakubu Dogara as Speaker. I seek the understanding and forgiveness from you, our leaders and every member of the APC family that was hurt by my action. Thank God Almighty, I am young and energetic. I will be 40 on September 9th. I promise that moving forward, I will dedicate and completely commit myself to achieving the goals set out by the party. This case should serve as a lesson for everyone in the future. “I have pledged maximum cooperation to the anti-corruption agencies and I will provide them with guide and assistance on how to unravel all these crime and theft against Nigerians.” The lawmaker further recommended ways he thought the leadership of the APC cold prevail on the House so as to ensure that the current crisis and embarrassment is mitigated. He called on the APC to among other things “direct Speaker Yakubu Dogara to reconvene the House and step down with other accused Principal Officers immediately to allow for internal and external investigation without interference so that sanity will return. “iscuss on the possibility of returning the 100billion constituency component of the budget under any of our laws so that all stolen money can be returned particularly the 40billion naira and equitably distributed to all constituencies” Just as he offered to identify all the toxic insertions by Speaker Dogara and the 12 others in the budget so that they can be removed even as he posited that “We have different laws under which that can be done”. leadership.ng/news/546177/budget-padding-jibrin-writes-apc-leadership-suggests-ways-to-end-crisis |
OKDnigeria:So sir, what u're saying is dat Buhari carries bad luck around? Any time he becomes president ill luck befalls Nigeria? If that is d case why not advice him to resign, for the sake of Nigeria, let's see if we will have some good luck. |
Garba Shehu, the Senior Special Assistant to the President on Media and Publicity, has responded to growing criticisms of President Muhammadu Buhari’s handling of the nation’s economy, saying people were just being unfair to the president. Mr. Shehu, in an opinion articled sent to PREMIUM TIMES on Sunday, said the last few weeks had witnessed the heaviest public criticism of the Muhammadu Buhari administration since he came to power. Mr. Shehu said much of the criticisms against the president were based on unresolved social and economic problems facing the country. “When they ask the question, is this the change we voted for, the critic forgets how far we have come from the scam- tainted years of the PDP rule,” Mr. Shehu said in the article titled ‘In Defence of President Buhari: Is This The Change We Voted For? Yes, It Is!’ Mr. Shehu said, “Unfair criticism of the Buhari administration especially on account of escalating prices of foodstuff and the liberalization of the currency exchange needs to be challenged before it overshadows the commendable job the President has done in fighting terrorism as part of overall effort to secure the country, reducing corruption and yes, arresting the economic slide before it sinks the nation.” The presidential spokesperson mentioned the achievement of Mr. Buhari to include the “victory” over Boko Haram and the ongoing war against corruption in Nigeria, which he said has earned the country international respect. “It is a proud moment for many citizens that the country is being perceived differently now that it has a different kind of leader creating a positive buss abroad, the kind of sentiment that can lead to foreign investments when properly capitalized upon. “Wherever they go these days, in London, Dubai, Beijing, Washington, New York or Tokyo, Nigerians get the good feeling of being asked the question, how is President Muhammadu Buhari?” Mr. Shehu said the removal of subsidies on petrol products had saved the government more than N2 trillion annually, adding that “The currency liberalization and the deregulation of the petroleum products sale will make President Buhari one of the best presidents till date.” Comparing the fight against Boko Haram with the war against the global terror group, ISIS, Mr. Shehu said, “How many people have given a thought to the possibility of Nigeria doing something that the combined strength of Europe and America have failed to do? “There are many today who take for granted the declared victory over the Boko Haram terrorists, forgetting the reign of the bomber who made it almost impossible for regular attendance in Churches and Mosques in many of our cities, including the Federal Capital City, Abuja. “Victory over Boko Haram has brought peace not only to Nigeria but to the countries in the Lake Chad region.” On the economic front, Mr. Shehu said the president has been affected by ill- luck in the drastic drop in oil prices. “In addition to hard work, all leaders need luck on their side to create what is sometimes seen as economic miracles. As leader, President Buhari never had the luxury of high oil prices as did his predecessors in office. “When he first emerged as the military Head of State, General Muhammadu Buhari saw oil price, the mainstay of the nation’s economy sank to as low eight Dollars a barrel. “He rolled up his sleeves, worked on diversification strategy of the economy only to be eased out of power just as they began to take hold. Thereafter, his successors abandoned these efforts. “On his second coming, this time as a democratically elected leader, the collapse of oil prices has challenged President Buhari to quicken efforts towards the diversification of the economy with emphasis given to agriculture and solid minerals mining. “Every crisis, it is said, is an opportunity. Not so in Nigeria. This is a county that inherited massive technological inventions from Biafra, yet failed to take it forward. We must not lose this opportunity to diversify the economy and our foreign earnings presented by the present oil crisis. “As the country hopes for a bumper harvest this year, government is taking steps to ensure that no farmer will sell at a loss or fail to find markets for their harvests. Grain silos are being readied nationwide to receive excess produce for warehousing to ensure food security, avert market glut and price collapse. By this, government will ensure a minimum guaranteed price.” www.premiumtimesng.com/news/top-news/208581-why-buhari-will-become-nigerias-best-president-ever-garba-shehu.html |
The United Nations has temporarily suspended aid deliveries in Nigeria’s north-eastern state of Borno, the former stronghold of jihadists Boko Haram, after a humanitarian convoy was attacked, the UN children’s agency Unicef said on Thursday. Unicef said in a statement that unknown assailants attacked the convoy on Thursday as it returned to Maiduguri from delivering aid in Bama, injuring a Unicef employee and an International Organization for Migration contractor. “The United Nations has temporarily suspended humanitarian assistance missions pending review of the security situation,” it said. Nearly a quarter of a million children in Borno suffer from life-threatening malnourishment and around one in five will die if they do not receive treatment, Unicef said earlier this month. Médecins Sans Frontières said on Wednesday that severely malnourished children were dying in large numbers in north-east Nigeria , where food supplies are close to running out. By 2014, Boko Haram controlled territory around the size of Belgium in north-east Nigeria until most of it was recaptured last year by the Nigerian army and troops from neighboring countries. More than 15,000 people have been killed and at least 2 million displaced by Boko Haram’s insurgency in Nigeria. The group carries out suicide bombings in north-east Nigeria and neighboring Cameroon, Niger and Chad. https://www.theguardian.com/world/2016/jul/28/nigeria-unicef-un-humanitarian-aid-attack |
midolian:Thanks |
midolian:If u have a problem with Fayose u can address it without bringing Jesus into it. |
The Ooni of Ife, Oba Adeyeye Ogunwusi, has responded to critics, who are ridiculing him for calling Jesus his father, when he knelt to worship God during a thanksgiving after his coronation. The picture of him on his knees, with a caption: ‘Jesus is my father’ caused a stir on the social media, with users calling him a hypocrite; but the Ooni says he is not moved by mere criticisms. While speaking in an interview with the Punch, the Ooni said, “I will continue to do it forever and ever. Those who criticised me are ignorant of the supreme power of God Almighty before whom all kings must bow. God is the King of all kings. He appoints kings and dethrones them. “If you remember the story of Nebuchadnezzar, who was a powerful king, when he allowed power to get to his head, God turned him into a beast. So, it is God who is the author and the finisher of everything and I will continue to worship him in humility. “He is the God of all ‘orisas’ (deities); any deity that does not want to obey God will be crushed to powder, that is the truth. I have no regrets. “Remember I am not the first Ooni, I am the 51st, so people have been here before me. It pleased God to put me on the throne and that is why I am here. Why will I not worship the God who made it possible?” he quizzed. Speaking further, he said there were prophecies that he would ascend the throne. He said, “It was predicted. The specific time and date of the week was said. It was predicted that I would be born at exactly 1:00pm on a Thursday and up to the fourth child my parents gave birth to, none was given birth to at 1:00pm and on a Thursday. I am the fifth child and to the glory of God, I was given birth to on a Thursday and at exactly 1:00pm. “So many strange things happened after my birth. Immediately I was given birth to, my maternal grandfather left this world because he practically pushed my mother to go and have me delivered when she was not due to do so. He did so on his sick bed. He practically pushed her out to the Seventh Day Adventist Hospital here in Ife to deliver the baby she was carrying. I was not due then. Few hours after I was born, my grandfather left this world,” he recounted. dailypost.ng/2016/07/24/ooni-ife-blasts-critics-mocked-calling-jesus-father/ |
By Rotimi Ojomoyela Ado-Ekiti- Ekiti State Governor, Mr Ayodele Fayose, has faulted the refusal of the Economic and Financial Crimes Commission (EFCC) to make public the statement it has extracted from the former National Security Adviser (NSA), Col. Sambo Dasuki, in its ongoing probe of money meant for the purchase of arms and the funding of the last general elections in the country. Fayose, who also asked the anti-agency to publish his personal accounts it has frozen to let the whole world know what are contained therein, said by publishing Dasuki's statement, it would at least show whether the ex-NSA gave money to former Minister of State for Defence, Senator Musiliu Obanikoro or anybody to give him (Fayose). The governor threw the challenge at the weekend while featuring on an interview programme on a radio station, Fresh FM. In a statement on Sunday by his Chief Press Secretary, Mr Idowu Adelusi, the governor opined that "what I am facing in Ekiti is a war of the elite and incidentally, it is the masses that vote people into office. We know some failed Ekiti politicians who now resume daily in EFCC office to concoct stories and give same to their commissioned newspapers to publish. It is only one or two newspapers that always have their so-called exclusive stories and they follow the same pattern. "The EFCC is only engaged in mind game. They think they can wear me out, that is not possible as God is on my side because I stand for the truth. EFCC has not told Nigerians how money was wired to me. They must be responsible to do investigation that would not be a media issue. What the EFCC and their APC collaborators are trying to do is to set the people of the state against me and they have failed. "In my two accounts that they have frozen, I have N300 million in the fixed deposit one and N82 million in the other. Both accounts and my properties were duly declared in my Asset Declaration Form. They are treading the same 2006 path and they will fail woefully by the grace of God. What they did in 2006, the Supreme Court declared it illegal and I came back to office exactly eight years after. It means one of us lied and was mischievous," he said. Fayose also challenged the APC and its leaders to also tell the people how their own elections were funded, noting that a defector from the PDP to the APC should not suddenly become an angel or a saint. "We cannot all be in the APC, if we are then, we are no longer practising democracy. There must be opposition and that is to keep those in government on their toes, but if you now make silencing the opposition as your main programme, then, you are short changing the people. The people are hungry, they are ravaged by poverty and what you think is the best step to take is to kill the voice of the opposition. If the situation was this bad, the PDP would have been removed from office long time ago," he added. On the June 21, 2014 governorship election that brought him to office, Fayose said Dr Kayode Fayemi and APC leaders conceded defeat and that both local and international observers described the poll as free and fair. "After the APC leaders failed to stop my inauguration, get me impeached, they know that they will still lose again in 2018. What they are trying to do is to create a wedge between me and the people of the state who love me. As far as I am concerned, their project is dead on arrival. The voice of the people is the voice of God," he stated. On the claim by the APC-led Federal Government that massive fraud during the Goodluck Jonathan administration was responsible for its poor performance, Fayose said it was only a lazy worker that would complain about his tools. "President Barack Obama, despite what he inherited from the Republican administration, still made the difference. The problem we have is not about the vehicle, but the driver. Let them give account of what they have realised as revenue, as recovered funds and the billions of dollars found in people's houses all over the world. We want to knwo what has become of the funds," he stated. The governor urged Nigerians to always carefully dissect every information churned out by the party in power, saying the APC was leading the country as if it was still seeking the votes of the people. This, the governor noted, "is why the government is more involved in propaganda than really informing the people about what is actually happening." www.vanguardngr.com/2016/07/publish-dasukis-statement-accounts-fayose-dares-efcc/ |
He defected to APC only last year after losing out in the power tussle in PDP Cross River. If he had remained in PDP, he would have been referred to as those who 'destroyed this country for 16 years'. But since he's now in APC, he's a new creature - a saint! |
KEN UGBECHIE A colleague helped to coin this headline. It stemmed from our conversation on the state of the nation; the anger on the streets; the dismay and distraught that drape the faces of the people, the frustrations that barb the souls of men, the bitterness that attends otherwise cordial relationships, the Hobbesian vitriolic angst that separates neighbours these days. Our talk centred on the economy, the erosion and degradation of the purchasing power of Nigerians; the stripping of men of their manliness, the corrosion of the pride of women; the savagery of employers against their employees to the point of sacking them in hordes and driving them into the streets of stress, into the paths of pain. It was then my dear colleague, an economist and Chevening scholar, averted my mind to a trending disease on social media. It is called Buharia, some dubbed it Buhariasis. And someone even added that it is worse than diarrhea. The disease is reportedly fatal, more dangerous than HIV/AIDS, heart attack, malaria or any of the mortal ailments that have continued to assail the nation. Buharia is the latest malady in town and its hatchery is the President Muhammadu Buhari government. It should be expected. Every government in Nigeria comes with its peculiar manifestations. The Umaru Yar’Adua government was notorious for its self-inflicted inertia, a government that did not move, could not move and did not even attempt to make any motion. It was simply inert. The circumstantial Goodluck Jonathan government was itself bogged down by circumstances of its birth. The man from Otuoke all too soon lost his streak of good luck and moulted into a socio-economic gridlock. Both Yar’Adua and Jonathan were weak leaders and the locusts capitalized on their weakness to feast on the national patrimony. But even in their weakness, life was still tolerable under both leaders. Unlike Yar’Adua and Jonathan, Buhari comes as a strong man of steely fibre. He comes with a perception of being squeaky clean, reticent, ascetic and someone who would not condone the feast of lucre or drink from the broth of corruption. This is the profile that brought him to power. And he knew it, and made good use of it when he hinged his campaign on the ramparts of anti-corruption. But Buhari has a dark side which many of his admirers never factored into the mix. He is a poor manager, lacking in peoples skill and void of the cerebral aptitude required of his office. He has yet another weakness. He is an unrepentant nepotist, parochial in his worldview of the concept of federalism and nationalism. It is the clash of the dual personalities in one man that has created the social discontent that attends his administration. Yes, Buhari the upright man is fighting corruption, but it is a clearly lopsided fight that tends to hypocrisy. Buhari is vigorously probing how the Jonathan government pillaged the national treasury to execute their agenda in the 2015 general elections but he has failed to disclose the sponsors of his own election and how such sponsors made the billions of naira splashed in the electioneering that brought him to office. I commend Buhari’s courage to tame corruption but it would just be fine, even better and justiceable, if he starts from his closets. Buhari’s proclivity to nepotism beggars belief. Nigeria is yet to witness any leader that has acted in a manner that shows scant or no regard for federal character. Not even the late General Sani Abacha at the height of his tyranny was this nepotistic in his appointments. Indeed, President Buhari deserves an Oscar in this regard. A more darkling and troubling part of the President is that he is horrendously a poor manager, an unwilling even unprepared administrator. Buhari is a slow actor. And even when he acts, his actions do not justify his slowness because in most cases, so far, they lack thoroughness. Theresa May became the British Prime Minister, the second female to hold such position after Margaret Thatcher, on Wednesday, July 13. Same day, she named six key cabinet members with a promise to unveil her full ministerial team in a matter of days. Now compare with Buhari’s style of leadership. He was sworn-in as President on May 29, 2015. He named no aide with immediacy, had no ministers and trudged on without a cabinet for six months. Such lethargy from a leader; such inclination to walk and work alone does no good to productivity. In fact, it is anathema to productiveness. But that is the character and nature of Mr. Buhari, the lone ranger. As you read this most parastatals are without the full complement of their boards. Till this day, about 38 parastatals do not have budgets; their budgets are yet to be passed and we are in the second half of the year. It is a carry-over from the Buhari style. Remember the national budget suffered the same delay. First, it was submitted to the National Assembly very late, then it got missing, underwent mutilation and later resurfaced before it was passed. Newton’s law says “action and reaction are equal and opposite”. This means that for every action, there is a commensurate consequence. In the case of Buhari, Nigerians are already paying for his slowness and inertia. The delay in passage of the budget, the non-composition of boards of parastatals resulted in the delay in the execution and payment for jobs requiring the ratification of a tenders’ board. Up till this day, President Buhari is still grumbling over the recent devaluation of the naira by Central Bank of Nigeria (CBN). Yet, conventional economics and wisdom suggest otherwise. He would rather no action is taken at all to save the naira. This type of logic is what has kept the national economy down. It is the root cause of Buharia, the trending disease in Nigeria. Its symptoms are manifold. High cost of goods and services, massive job cuts to the extent that the Minister of Labour and Productivity tried to use fiat to halt the job loss, avoidable social discontent typified by the actions of the pro-Biafra agitators, the Niger Delta Avengers and other upheavals across the nation. The Nigerian economy is in stasis but it is not solely down to the dip in crude oil receipts. It is even much more a function of lack of creativity and inventiveness in the management of the little drops that still accrue from the oil and gas sector. President Buhari has demonstrated enough evidence to show his poor understanding of how to manage scarce resources. To use the words of President Olusegun Obasanjo: “Buhari is not a very hot person on the economy and foreign affairs. But he will do well in matters of military and he will do well in fighting Boko Haram”. Yes, Buhari may have done well in fighting insurgency, but he has done a terrible damage to the nation’s economy, first by his inertia and now by his lack of understanding of the dictates of modern economics. Way out: Mr. Buhari should reform his ways, be more inclusive in his appointments; learn to trust people including those he appointed. He would do well to arrest the drift to anarchy especially by assuaging the anger of the various agitators. The consequences of Buharia are damaging enough; he must not add to the distress that hounds the people. sunnewsonline.com/buharia-worse-than-diarrhea/ |
President Buhari’s critics on Friday carpeted his government for allegedly lying about the terms of reference of the latest interim reports on the ongoing probe into arms procurement by successive governments since 2007. Mr. Buhari had on August 24, 2015, raised the Committee on Audit of Defence Equipment Procurement in the Nigerian Armed Forces to keep with his “determination to stamp out corruption and irregularities in Nigeria’s public service.” But many are now raising concerns not about what the committee included in its latest report but what it might have deliberately left out. The investigative committee submitted its third interim report on Thursday which detailed how former senior military officers, political appointees and private individuals allegedly channeled security funds into their pockets while the war against Boko Haram floundered. Among the big names the report indicted were Azubuike Ihejirika and Kenneth Minimah. Both served as Chief of Army Staff under President Goodluck Jonathan. But government critics immediately raised concerns about the exclusion of the name of a close ally of Mr. Buhari and the current Minister of Interior, Abdulrahman Dambazzau. Mr. Dambazzau served as the chief of army staff between 2008 and 2010 and critics said it was highly curious that he was not investigated even when the probe was designed to capture all procurements from 2007 to 2015. Our findings show that those accusing government of doctoring its latest arms panel may have a point. Buhari Government’s Claim: In an attempt to ward off allegation of bias, the Buhari government, via a statement from the office of the Minister of Information and Culture, Lai Mohammed, said Mr. Dambazau’s name was not included among those indicted because the third interim report only looked into procurement and contracts awarded for and by the military between 2011-2015. “When the documents regarding procurement from 2007 to 2010 are available and scrutinised, the committee will then issue its report on that,” Mr. Mohammed said in a statement signed by his media adviser Segun Adeyemi. “The audit is being done in phases, and the report that was released on Thursday is the third of such.” The Facts: A PREMIUM TIMES’ examination of the report showed that the terms of reference in its heading said it queried all procurement from 2007 to 2015. “Press Release on the Third Interim Report of the Presidential Committee on Audit of Defence Equipment Procurement from 2007 to 2015 ,” it read. The first paragraph of the seven-page report also indicated the 13-member committee used 2007-2015 as reference. “In continuation of its assignment, the Committee on Audit of Defence Equipment Procurement (CADEP) in the Nigerian Armed Forces, analysed procurement contracts awarded by or for the Nigerian Army between 2007 and 2015. ” PREMIUM TIMES also observed that in page two of the report, the committee looked into procurement far back as 2005, two years earlier than 2007. “Similarly, between 29 April 2005 and 19 October 2010 , the MOD (Ministry of Defence) awarded 2 contracts to Progress Limited for the supply of 42 units of BTR-3U Armoured Personnel Carriers and spare parts for the Nigerian Army. “However, neither the MOD nor the NA could provide the contract agreements to ascertain the cost of the APCs. Although 26 of the APCs were delivered in 2007 and immediately deployed for Peace Keeping Operations in Sudan, the APCs scandalously broke down on induction,” the report read in part. In page four where the committee looked into tax infractions in the military, it was also revealed that the members looked beyond 2011. “The Committee observed breaches of laws and regulations on payments of With-holding Tax (WHT) and Value Added Tax (VAT). The unremitted WHT from 2007 to 2015 amounted to about N862,962,065.99, $2,093,710.06 and €2,700.00 respectively.” This newspaper also reported on July 7, citing top administration sources, that Mr. Dambazzau’s name was amongst those indicted by the panel and that he was making concerted efforts to have his named removed. www.premiumtimesng.com/news/headlines/207015-fact-check-buhari-deceives-nigerians-report-shows-arms-panel-probed-dambazaus-tenure.html |
Trying so hard to please their Bourdilon master! |
Olusola Fabiyi and Kayode Idowu
Factional Chairman of the Peoples
Democratic Party, Senator Ali Modu Sheriff,
has claimed that majority of the 12
governors in the party are now behind him. The former governor of Borno State, however, said the crisis in the party was being discussed at higher level in order to find an amicable solution to it. Sheriff spoke through his deputy, and former National Vice-Chairman, South-South of the PDP, Cairo Ojuogboh, in an interview with journalists in Abuja on Tuesday. He, however, refused to give the names of the governors backing him. Ojuogboh also pointed out that PDP would come out stronger when the crisis in the party eventually ended. He said, “What is happening today in the PDP is what is going to save the PDP. If this crisis didn’t arise, the party would have been wallowing today in ignorance. “Apart from three governors, whose names I don’t want mention, 12 other PDP governors are backing Sheriff. “If you look at what is happening in the party, there is no elder in the party. The newsmen always make the mistake to say that the Governors’ Forum is in support of one group; the Board of Trustees is in support of one group and members of the National Assembly are in support of one group. That’s wrong. “Have you heard any member of any of these bodies speaking out in support of anyone? “They are all waiting for Sheriff to win so that there will be jubilation in the body polity of PDP and the country.” Ojuogboh said the emergence of Sheriff was “the divine act of God,” adding that God does not make mistake. Asked if the series of litigations in the party would not affect the fortunes of the party, especially in Edo and Ondo states governorship polls, Ojuogboh explained that both factions were already meeting to resolve the crisis. punchng.com/majority-pdp-govs-backing-says-sheriff/ |
That they have no information on the case is not the same thing as clearing her naa |
Olusola Fabiyi, Abuja The Independent National Electoral Commission has rejected the name of candidate submitted for the governorship election of Edo State by the Sen. Ali Modu Sheriff faction of the Peoples Democratic Party. The commission said that it decided to reject the list based on the fact that it didn’t monitor the primary that produced the faction’s governorship candidate, Mr. Matthew Iduoriyekwemwen. Deputy Director in charge of Publicity and Voters’ Education at the commission’s headquarters, Mr. Nick Dazang, stated this in a text message to our correspondent late on Tuesday night. He said that the commission had accepted the name submitted by the Chairman of the party’s National Caretaker Committee, Sen. Ahmed Makarfi. Pastor Ize Iyamu is the candidate of the Makarfi-led faction of the party. He said that the commission had received names of governorship candidates from 18 other political parties, apart from the PDP. He said, “As at this evening, we received 19 candidates from 19 political parties for the Edo governorship election. “This includes the candidate of the Makarfi- led faction of the PDP. We received the candidate of the Makarfi-led faction because of the Port Harcourt Court judgement plus the fact that we monitored its primaries.” Other political parties listed include AA, ACD, ACPN, APC, APGA, LP, MPPP, NCP, NNPP, PDC, PPA, PPN, SDP, UPP and YDP. The two factions had on Monday submitted names of their governorship candidates for the state to the to the commission. Both men and their followers are currently locked in legal battle over the leadership of the opposition party. The deadline for the submission of names of governorship candidates by political parties for the governorship election according to the timetable released by the commission was midnight of Tuesday. The election holds on September 10. Spokesperson for the Sheriff camp, Prince Dayo Adeyeye, had told our correspondent on the telephone that the party has done the needful. Deputy National Chairman of the group, Dr. Cairo Ojugboh, said his faction was relying on the court order that ordered that only the Sheriff group should be allowed to submit names of candidates for the Edo and Ondo governorship elections. He said he was sure that the candidate that emerged at the primary conducted by the Sheriff faction, Mr. Matthew Iduoriyekwemwen, would make the INEC final list. He said his faction would contest the action of the commission, adding that the pronouncement by the court was clear in the matter. punchng.com/edo-gov-inec-rejects-sheriffs-lists/ |
The National Working Committee (NWC) of the All Progressives Congress (APC) has reaffirmed that Mr Godwin Obaseki remained the party’s candidate for the Sept. 10 governorship poll in Edo. This followed the NWC’s adoption of the report of the party’s Appeals Committee on the governorship primary election conducted in Benin on June 18. This is contained in a statement in Abuja on Monday by the party’s National Secretary, Alhaji Mai Buni. The three-member Appeal Committee submitted its report to the National Chairman of the party, Chief John Odigie-Oyegun, on June 29 in Abuja. ”The Appeal Committee in its report submitted that the Edo State 2016 APC governorship primary was valid. ”While not dismissing the seriousness of the allegations and claims of the petitioners, the issues raised were not compelling as to warrant the cancellation of the primary. ”The Appeal Committee calls on all APC stakeholders in Edo State to put the party’s interest over and above personal interests in ensuring a speedy and amicable reconciliation,” the statement said. It stated that the committee recommended that the leadership of the party should adopt diplomacy in reconciling stakeholders in Edo. It added that the committee also recommended that a high-powered committee should be constituted to mediate between Gov. Adams Oshiomhole and all the aspirants, who participated in the primary election. The Election Appeal Committee was chaired by Mr Opeyemi Bamidele, with Alhaji Mustapha Salisu and Mrs Ekwy Onyido as members. The committee had said that it received petitions from Mr Kenneth Imansuagbon and Mr Chris Ogiemwonyi, two out of the 11 aspirants who lost to Obaseki in the primary. The committee sat from June 21 through June 28. Meanwhile, the National Chairman of the All Progressives Congress (APC), Chief John Odigie- Oyegun, has congratulated Mr Godwin Obaseki for emerging as the party’s candidate for the Sept. 10 governorship election in Edo. Odigie-Oyegun urged party members to close ranks and support the candidate in the lead-up to the election. “As the party prepares for the governorship election in Edo, I call on all aspirants, party leaders, stakeholders and teeming members of our great party to close ranks and unite as a strong political fighting force. “We should unite behind the candidature of Mr Godwin Obaseki for a landslide victory at the election. “The request by the aspirants was that the primary should be transparent, free, fair and credible. This, the party achieved creditably during the exercise. “Going forward, we should avoid `triumphantist’ actions and avoid creating new stresses within the party. We should all seek to reunify the party to face the Sept. 10 election,” he said. The chairman also congratulated Katsina State Governor, Alhaji Aminu Masari-led seven-member Primary Election Committee “for successfully conducting a very transparent, free, fair and credible governorship primaries’’. Similarly, he thanked the Primary Appeals Committee for successfully carrying out its assignment and submitting a report. (NAN) dailypost.ng/2016/07/11/edo-2016-primary-appeal-committee-upholds-obaseki-as-apc-candidate/ |
London, United Kingdom -Theresa May on
Wednesday will become the prime minister
who leads Britain into talks to quit the
European Union, after her last rival in the bid
to succeed David Cameron pulled out. May became the only contender after Andrea Leadsom — who had stirred a storm for suggesting she was more qualified to be premier because she had children — abruptly quit the race on Monday. Cameron later announced May would take over from him on Wednesday, when he will to go to Queen Elizabeth II and tender his resignation after one final Prime Minister’s Questions session in parliament. “We’ll have a new prime minister in that building behind me by Wednesday evening,” he said in a statement outside 10 Downing Street. Accompanied by her banker husband Philip and surrounded by supportive MPs, a smiling May later stressed the need “to negotiate the best deal for Britain in leaving the EU” in brief comments outside parliament. Britain has faced the worst political turmoil in generations following June 23’s shock vote to leave the European Union. The outcome prompted Cameron to step down, plunging his Conservatives into a bitter leadership race. At the same time, the head of the main opposition Labour party, Jeremy Corbyn, is also facing a challenge to his job. Senior MP Angela Eagle formally launched her bid on Monday, and Labour’s election coordinator, Jon Trickett, said the party should brace for general elections soon after May takes office. “It is crucial, given the instability caused by the Brexit vote, that the country has a democratically-elected prime minister,” said Trickett. “I am now putting the whole of the party on a general election footing.” While May supported Britain staying in the EU, she cut a low profile during the referendum and insists she will honour the vote, stressing: “Brexit means Brexit”. “There will be no attempts to remain inside the EU, there will be no attempts to rejoin it by the back door, no second referendum,” she said at a leadership campaign event before Leadsom pulled out. She wants to begin formal talks to leave the EU by the end of the year at the earliest, despite pressure from Brussels to speed things up. Jeroen Dijsselbloem, the Dutch finance minister who heads the Eurogroup of his 19 eurozone counterparts, restated calls for the transfer of power to take place as soon as possible. “The sooner we can sort out — let me say it diplomatically — this problematic situation, the better,” Dijsselbloem told reporters. punchng.com/theresa-may-become-britains-next-pm-wednesday/ |
bashydemy:why are u so much concerned abt me disgracing myself? Disgrace me if u want but address d issue raised |
LAGOS, July 11 (Reuters) - Nigeria plans to raise 120 billion naira ($424.78 million) in local currency denominated bonds with maturities ranging between 5-year and 20-year on July 13, the Debt Management Office (DMO) said on Monday. The debt office said in a notice that it will raise 40 billion naira at par in 2021 bond, while also raising 40 billion naira apiece in the 2026 and 2036 maturing bonds at the auction. The 2026 and 2036 debt are a reopening of the previously issued paper, the debt office said. Nigeria, Africa's biggest economy, said it would borrow around 900 billion naira from the local debt market to finance a portion of the estimated 2.2 trillion naira deficit in this year's budget. (Reporting by Oludare Mayowa) af.reuters.com/article/nigeriaNews/idAFL8N19X1Y7?feedType=RSS&feedName=nigeriaNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FAfricaNigeriaNews+%28News+%2F+Africa+%2F+Nigeria+News%29&&rpc=401 |