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Tag Archives: Buhari

Buhari Seeks Senate’s Approval To Borrow N2.10 Trn

President Muhammadu Buhari, has sent a supplementary appropriation bill for the 2015 fiscal year to the Senate for approval. The president, in a letter conveying his request, which was read Wednesday, during plenary, by the Senate President, Bukola Saraki, asked the Senate to grant his request to borrow the sum of N2.10 trillion to finance the budget. He explained that ... Read More »

President Buhari Says That He Is Not A Military President And No One Will Be Jailed Unless Guilty

The presidency yesterday stated that President Muhammadu Buhari will ensure that those accused of stealing public funds are proven guilty before sent to jail. “This administration will give full regard to due process and the rule of law in the prosecution of its war against corruption”, he said at an audience with a delegation from the Foursquare Gospel Church. Buhari ... Read More »

President Buhari Seeks Approval To Pay N413b Subsidy Claims

There is good news for fuel marketers. President Muhammadu Buhari has asked the National Assembly to approve the payment of their N413 billion claims, it was learnt yesterday. The payment is believed to be the key to ending the crippling petrol scarcity in many cities. Petrol is being sold for between N100 and N400 per litre in various parts of ... Read More »

Nigerians Are Determined To Stay Together As One Country – Buhari

President Muhammadu Buhari on Monday, proclaimed that Nigeria remains one indivisible entity despite the challenges of internal strife and civil war it had suffered over the last 55 years of the nation’s independence. Speaking on Monday at the Banquet Hall of the Aso Rock Presidential Villa in Abuja, while launching the 2016 Armed Forces Remembrance Day Emblem and Appeal Fund, ... Read More »

President Buhari Scraps Ministry Of Power

There will be no minister of power in the cabinet inaugurated by President Muhammadu Buhari on Wednesday,TheCable understands. Although Louis Edozien, former executive director of Niger Delta Power Holding Company, was named as the permanent secretary of power on Tuesday, he may turn out to be the most senior officer in the ministry. A special adviser on power, who will ... Read More »

President Buhari Approves $2.4bn For Construction Of Red Line Rail In Lagos

The President Muhammadu Buhari-led government has approved the construction of the $2.4 billion Lagos red line rail project. According to Lagos State Commissioner for Transportation, Dr. Dayo Mobereola, approving the right of way for the project had been a problem for donkey’s years as the Federal Government in the previous administration was reluctant to do so. Bear in mind, the ... Read More »

Breaking News:- President Buhari Sacks EFCC Chairman Ibrahim Lamorde, Magu Takes Over

EFCC Chairman Ibrahim Lamorde has been sacked and replaced with Ibrahim Magu, a top level official of the Economic and Governance Unit of the EFCC. Ibrahim Magu has been elevated to the position of chairman of the commission. Magu is remembered as a no-nonsense investigator of the commission at its inception. He was removed along with several other key officials ... Read More »

Pres. Buhari Scraps SURE-P, Orders Probe Of Activities

The process of winding down the Subsidy Reinvestment and Empowerment Programme (SURE-P) was taken a notch higher on Wednesday with its scrapping by President Muhammadu Buhari. He directed the panel charged with the task to complete winding down the operations of SURE-P by November 30 and submit a comprehensive report of its activities to The Presidency Buhari also ordered a ... Read More »

Ekweremadu Reminds Buhari Of His Promise To Pay Unemployed Nigerians N5,000 Monthly

The Deputy Senate President Ike Ekweremadu has reminded President Muhammadu Buhari of his campaign promises to Nigerians. “The ruling APC government must fulfill their campaign promise of paying unemployed Nigerians a sum of 5000 Naira monthly,” he said on the floor of the Senate Chambers during moves to consider the third motion for the day: Urgent Need to curb the ... Read More »

Presidency Warns Governor Fayose

The presidency has warned Ekiti State governor, Ayodele Fayose, to stop making unsubstantiated allegations pertaining to the running of the economy by the Muhammadu Buhari-led government. “The governor equally knows full well that his party, while in government, ruined the economy to the extent that workers in 27 states went for several months without salary. This crisis situation has now ... Read More »

Not All Nominees Will Be Ministers – President Buhari

President Muhammadu Buhari says some of the ministerial nominees will end up “sitting” in federal executive council sessions rather emerging substantive ministers. In an interactive session with journalists in New Delhi, capital of India, on Friday, Buhari lamented state of the economy, saying: “The government is broke”. “There used to be 42 ministers but we will be lucky if we ... Read More »