Buhari not committed to Niger Delta peace, say agitators

Agitators in the Niger Delta yesterday accused the President Muhammadu Buhari government of a lack of commitment to peace in the region. While urging Buhari to take practical steps to ensure sustainable peace in the oil-rich region, they warned against extending military operation to their area. In a statement, a coalition of Niger Delta groups described Buhari’s Independence Day broadcast as filled with empty promises on his resolve to engage the aggrieved people of region. They expressed regret that despite their resolve to cease fire and maintain peace in the…

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N100b Sukuk bond proceeds to be spent on roads

The Minister of Finance, Kemi Adeosun, has disclosed that proceeds of the N100 billion Islamic bond, Sukuk, will be released to the Ministry of Works on Thursday. Adeosun made this known when she appeared before the Joint Committee on Finance and Appropriation of the Senate on Tuesday in Abuja to brief it on level of implementation of the 2017 budget. She said that the Federal Government successfully completed the Sukuk bond last week and raised N100 billion, which would be released on Thursday. “The Sukuk funds are earmarked for roads…

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Adeosun – 2017 budget to be rolled over into 2018

The Minister of Finance, Mrs. Kemi Adeosun, has revealed Federal Government’s plan to roll over at least 60 per cent of 2017 capital projects to 2018 budget proposal. Adeosun made this known when she appeared before the Senate Joint Committees on Finance and Appropriations. She was accompanied by the Minister for Budget and National Planning, Udoma Udoma, to give explanation on releases so far made for the implementation of the 2017 budget. The minister noted that there was no stoppage in terms of capital releases and projects. She explained that…

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Trump hosts Buhari, others in White House

President Muhammadu Buhari and some other African leaders were on Wednesday hosted by U.S. President Donald Trump. The working lunch for the African leaders is on the side-lines of the 72nd UN General Assembly in New York. Trump, who said he was greatly honoured to host the lunch, which took place at the New York Palace Hotel, described African leaders as “partners for promoting prosperity and peace. “I’m greatly honoured to be joined by leaders of Nigeria, Côte d’Ivoire, Ethiopia, Ghana, Guinea, Namibia, Senegal, Uganda and South Africa. In particular,…

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Security: Editors give Gov. Nyesom Wike pass mark for good security

The President of Nigerian Guild of Editors (NGE) Mrs Funke Egbemode, on Wednesday, said Rivers is one of the safest states in Nigeria. She made the assertion when editors in the country, under the umbrella of NGE, visited Gov. Nyesom Wike in Port Harcourt. The News Agency of Nigeria (NAN) reports that the editors are in Port Harcourt for the 2017 All Nigeria Editors Conference (ANEC). Egbemode said that the fact that the 12th General Synod of Churh of Nigeria, Anglican Communion and ANEC were being held in Rivers showed…

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Be fair to minorities in Nigeria, Atiku advice Buhari

Former Vice President and chieftain of the All Progressives Congress (APC), Atiku Abubakar, yesterday urged President Muhammadu Buhari to provide the world a good example in the way minorities are treated in the country. Atiku applauded President Muhammadu Buhari for drawing the United Nations (UN) attention to the sufferings of Myanmar’s Rohingya people cited by the UN as perhaps the world’s most persecuted minorities.The former vice president spoke via a statement issued in Abuja by his media office in reaction to President Buhari’s presentation at the UN General Assembly in…

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Court refuses to join Alison-Madueke as defendant in alleged $1.6b oil scam

The Federal High Court, Abuja, yesterday rejected the application by former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, to be joined as defendant in the ongoing trial of Chairman, Atlantic Energy Drilling Concept Nigeria Limited, Mr. Jide Omokore. The court, however, struck out the count eight of the nine charges where Diezani’s name was mentioned, which alleged that the applicant, (Diezani), and three others did abet the commission of money laundering by certain named individuals, and thereby committed an offence contrary to Section 18 (a) of the Money Laundering (Prohibition)…

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Aisha Buhari hosts Uganda’s First Lady, Mrs Janet Museveni

The Wife of President Muhammadu Buhari, Aisha, on Friday hosted her Uganda counterpart, Mrs Janet Museveni, at the State House in Abuja. She told the visiting First Lady that no fewer than 200,000 victims of Boko Haram insurgency in northeast have been given humanitarian support by `Future Assured’. The beneficiaries included families of Internally Displaced Persons (IDPs) in the country. The meeting of the two first ladies centred on the how to improve the health and well-being of women and children in their respective countries. The wife of the President…

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President Muhammadu Buhari hosts Ghanaian President in Aso Rock

President Muhammadu Buhari on Tuesday met behind closed doors with Ghanaian President, Nana Akufo-Addo, at the Presidential Villa, Abuja. The News Agency of Nigeria (NAN) reports that the Ghanaian President, who is on an official visit to Nigeria, arrived the Presidential Villa at about 3.28p.m. The closed door meeting was holding at the new Banquet Hall in the State House as at the time of filing this report. The Ghanaian President was received by Vice President Yemi Osinbajo when he visited the country on Aug. 1 to deliver a lecture…

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FG strategises to check slipping back into recession

Vice President Yemi Osinbajo has announced initiatives to bolster spending in all tiers of the Nigerian economy as part of measures to boost growth and check the economy from sliding into another round of recession. The initiatives include the setting up of a N700 billion minimum revenue distributable target monthly by the three tiers of governments at the monthly Federation Accounts Allocation Committee (FAAC) meetings as well as the adoption of new and viable sources of income generation to enhance receipts and spending at all tiers of government. At the…

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