The Accountant General of the Federation, Alhaji Ahmed Idris on Monday in Kano allayed the fear that servicing the Country’s debt at the rate of 70 percent of the total national income will not destabilized theeconomy. Ahmed who spoke when he paid a traditional homage on the Emir of Kano,Muhammadu Sanusi II,Continue Reading
The Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina, has said the President will form his cabinet faster than he did in 2015. Adesina was quoted as saying this by The Interview magazine. The President had in 2015 nominated ministers in October and inaugurated them onContinue Reading
African countries running up debt they won’t be able to pay back, including to China, should not expect to be bailed out by western-sponsored debt relief, the United States’ top Africa diplomat warned. The International Monetary Fund and World Bank began the Heavily Indebted Poor Countries (HIPC) Initiative in 1996Continue Reading
Shehu Sani, the immediate past Senator from Kaduna Central, has enjoined the North to forget about retaining the Presidency in 2023. He warned that the North would be laying landmines that would destroy Nigeria by insisting on producing President Muhammadu Buhari’s successor in 2023. Speaking in Minna, Niger State overContinue Reading
The Central Bank of Nigeria (CBN) is to pursue the recapitalisation of commercial banks in the next five years. CBN Governor, Godwin Emefiele hinted that the recapitalisation of commercial banks was due since the last recapitalization happened in 2004. In the next five years, the CBN he said will targetContinue Reading
The Presidential Election Petition Tribunal on Monday dismissed an application by the Peoples Democratic Party and its presidential candidate, Atiku Abubakar, requesting permission to have access to the central server said to have been used by the Independent National Electoral Commission for the conduct of the February 23 poll. TheContinue Reading
House of Representatives Speaker Femi Gbajabiamila on Monday assured Lagosians and Nigerians that the House will not let them down in the discharge of its duties. Gbajabiamila spoke at a thanksgiving service organised by the House of Representatives member from Kosofe Constituency, Prince Rotimi Agunsoye, at the Victory Parish ofContinue Reading
John Odigie-Oyegun, former National Chairman of the All Progressives Congress, APC, has accused his successor, Adams Oshiomhole of distracting the Edo State Governor, Godwin Obaseki from governance. He alleged that Oshiomhole was engaging in anti-party activities to create distractions for Obaseki. Reacting to the decision of the APC National WorkingContinue Reading
The 2018 budget has lapsed, putting pressure on the Federal Government to begin the implementation of the 2019 budget, The PUNCH learnt on Sunday. Recall that President Muhammadu Buhari had put a question mark on the N8.92tn budget when he appended his signature to the 2019 Appropriation Bill on May 27, sayingContinue Reading
Prof. Itse Sagay, SAN, Chairman of the Presidential Advisory Committee Against Corruption, PACAC, has described the Chairman of the Independent National Electoral Commission, INEC, Mahmood Yakubu as a “very weak man” who lacks initiative. Sagay said this while lambasting the INEC Chairman over plans to register more political parties, aheadContinue Reading
