Chief of Staff to President Muhammadu Buhari, Abba Kyari, has told the nation’s leader that people who say he has not done anything since he assumed power are those affected by the change of old order. He said since many loopholes have been blocked, corrupt persons who no longer have their way were the ones sponsoring attacks against him. Kyari said this in an address at the State House, Abuja, on Friday during a meeting with members of the Presidential Fertiliser Initiative (PFI). His words: “Mr President, you have achieved the impossible at no cost to the government. “There’s no scam, no subsidy, no fraud. Last year, our efforts made sure that N60billion subsidy was saved. “Mr
Renowned philanthropist, Mohammed “Mo” Ibrahim has lambasted African youths for supporting “old men” to become presidents. At a recent event, which had former Nigerian president, Olusegun Obasanjo, in attendance, the billionaire businessman said even countries doing way better than African nations back younger candidates for the presidency. He said: “Please allow me to be frank, don’t take offence. I wish to start from where President Obasanjo stopped about age. You have been president for so long that’s why you are careful with words. “You see people at 90 years and about to start new terms, you guys are crazy or what (he said referring to youths in attendance). “We see people in wheelchairs unable to raise hands standing for election. This is a joke;
President Muhammadu Buhari, Thursday, said Nigeria had just recovered from its worst recession in more than two decades. According to him, the rise in foreign private investments in Nigeria was as a result of the success of his administration’s economic agenda. Buhari made this remark while speaking on Thursday at a meeting with a Qatari business delegation led by the former Emir, Sheikh Hamad Bin Khalifa Al-Thani at the State House, Abuja. The President described the Federal Government’s economic agenda as one designed to move the country from over-reliance on crude oil and food importation. Shehu Garbia, Buhari’s Senior Special Assistant to President quoted him as saying that the policy has, in the past two years turned Nigeria into one of the most attra
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has disclosed that Nigeria is the only member country in the Organisation of Petroleum Exporting Countries, OPEC, that imports petrol. Baru, who spoke through NNPC’s Chief Operating Officer (COO), Upstream, Alhaji Bello Rabiu, at the 2018 Oloibiri Lecture Series (OLEF) in Abuja yesterday, said Nigeria was currently the largest importer of Premium Motor Spirit (PMS) in the world. He told the delegates that the country had reached such import level because the refineries had not worked to their maximum capacity. “As we speak today, Nigeria is the only OPEC country that imports petrol and we are the largest importer of PMS in the world,” Baru said. “W
Atiku Abubakar, former Vice President, on Thursday spoke on opinions in some quarters that restructuring was a plot against the Northern part of Nigeria. The Waziri of Adamawa addressed the issue yesterday at the public presentation of a book in Lagos. In his speech titled: “Critical Ingredient but no Magic Wand: Restructuring for a more united, productive Nigeria”, Atiku said those who think restructuring was purely for political reasons missed the point. He said: “Our current structure, which is based on oil rents, is vulnerable because oil has probably reached its peak as the chief energy source for the world economy. “You probably know that the world’s major automobile manufacturers and oil consumers have announced dates between 2025 and 2040 to end th
President Muhammadu Buhari has explained why he ejected the proposed bill establishing Peace Corps of Nigeria. Buhari’s explanation was contained in a letter read during plenary on Tuesday by the Speaker of the House of Representatives, Yakubu Dogara. In the letter, Buhari cited security concerns and financial burden of funding the organisation by the government as his reasons for rejecting the bill.
The federal government on Monday assured the Nigeria Labour Congress, NLC, and entire workforce of the country that the new national minimum wage will commence, latest by end of September this year. The Minister of Labour and Employment, Senator Chris Ngige, who made this known in Abuja at an event marking the 40th anniversary of NLC, disclosed that the federal government would announce the new minimum wage before the end of the third quarter which is September. He said, “In furtherance to the determination by the federal government to attain the decent work agenda which involves opportunities for works that are productive and deliver a fair income, security in workplace, and social protection for families; there have been overtime, three minimum wage reviews an
Former Vice President, Atiku Abubakar, has expressed doubts over Nigeria’s exit from economic recession. He made this known in his keynote address while picking the Silverbird’s 2017 man of the year award in Lagos during the weekend. He said: “Last year, we celebrated the fact that we exited our first recession in 25 years. To me, that celebration was premature. “After contracting for five consecutive quarters, Nigeria came out of recession in the second quarter of 2017 with a GDP growth rate of 0.55 per cent. In the third quarter, we fared better with 1.40 per cent. “While this looks somewhat like we exited the recession, the reality is that when you factor in our population growth rate of 2.3 per cent, which is one of the highest in the world, have we re
Minister of labour and employment, Dr Chris Ngige says the President Muhammadu Buhari-led federal government has created over eight million jobs in less than three years. Ngige said the jobs were mostly blue collar jobs, which he said was the main hub in employment generation today. He said farming, carpentry, bricklaying, tiling and many others constitute the blue collar jobs which the federal government was now using to redeem youths from joblessness occasioned by lack of white collar jobs. The minister, who spoke to journalists Friday at Ifitedunu, Anambra State after the ground breaking ceremony of a specialist skill acquisition centre, said because of the huge employment potential in the blue collar jobs, the federal government decided to build centres where it would give you...
A Second Republic lawmaker, Junaid Mohammed has stated that President Muhammadu Buhari has run out of ideas. Buhari had in his New Year message, put blame of the ongoing acute fuel scarcity on some saboteurs. Speaking in an interview with the Tribune, Mohammed, said, “I think it was too cheap. He is the president of this country; he has more power than any individual, in or out of government. “He is, in addition to being the president, also the Minister of Petroleum and he has all the responsibilities on all matters of oil. Part of the campaign rhetoric when he was running for the presidency was that, first, he was going to make the problem of fuel shortage a thing of the past. “He was a minister before and it was felt that he handled the ministry very well. He was a minister b