The Senator who represents Ondo South, Jimoh Ibrahim, has expressed his confidence in Nigeria’s ability to pay back debts owed to other countries in 90 days if the government is ready to tap into his wealth of knowledge. According to the billionaire businessman, the nation’s debts of N77tn shouldn’t be a cause for worry considering the current debt to Gross Domestic Product ratio of less than 31 percent. It was reported that the Debt management office has declared that Nigeria is currently owing creditors about N77tn.Jimoh, who gave the insight while speaking to our correspondent Today, cited the borrowing policy…
Author: Adejuyigbe Francis
Senator Smart Adeyemi has urged President-elect Bola Tinubu to question the Central Bank Of Nigeria (CBN), Governor Godwin Emefiele and those involved in the naira redesigns The lawmaker representing Kogi West based his argument on the agony the heavily-criticised process caused Nigerians. “I will call on Emefiele and others to come and explain what happened and what was the reason behind the redesigning of the naira notes,” he said when asked what he would do about the naira redesign policy if he were in Tinubu’s shoes. The senator lamented the anarchy which was setting in during the shortage of redesigned naira…
With three days to the end of President Muhammadu’s administration, the Minister of Works and Housing, Babatunde Fashola, says the government has made things better than it met it. As reported, fashola maintained that Buhari’s government has effected changes that have impacted the economy positively, thus fulfilling the change mantra of the All Progressives Congress (APC). “I think it a very difficult place to self-assess, but I think from the feedback that we get from those we serve. Clearly, the feedback is encouraging and it indicates that things have moved in a better direction from where we picked it up…
Ahead of Asiwaju Bola Ahmed Tinubu’s inauguration, the leader of Biafra National League, BnL, Prince Richard Chimezie, has urged him to do everything possible to bridge the gap between two of the three major tribes in the country, Igbos and Yorubas. He said one way to do this would be to ensure the release of Mazi Nnamdi Kanu, who has been in detention even after the courts ruled that he be set free. In an exclusive interview with our correspondent, the 30-year-old son of a Rivers State monarch, late Eze Richard O Ekegbu, Eze Ndigbo of Obigbo, said the freedom…
Presidential candidate of the Labour Party, Peter Obi, said he would not accept any offer to be part of Bola Tinubu’s Government of National Unity. Tinubu, the president-elect and his party, the All Progressives Congress (APC), have been dragged to court by Obi over the outcome of the February 25 election. The camp of the APC candidate had hinted that the former Lagos Governor would form an all-inclusive government to carry all his opponents along in his government. As reported on Thursday, Obi was asked what he would do if he was called upon to be a member of Tinubu’s…
A Federal High Court in Abuja has imposed a fine of N17 million on three litigants and their lawyer for filing a suit seeking to stop the inauguration of the President-elect, Bola Ahmed Tinubu. Justice James Omotoso imposed the fine on Praise Ilemona, Pastor Paul Issac Audu and Dr. Anongu Moses who jointly instituted the suit praying for an order to stop the swearing-in of Tinubu as new President. The three litigants are to jointly pay the President elect a sum of N10 million and another N5 million to the All Progressives Congress, APC, who were part of the seven…
Forum of Political Parties in Lagos State has evaluated the infrastructure development and performance during the regime of the President, Major General Muhammadu Buhari (retd.), as it nears its end. The Chairman of FPP, a political group representing registered and deregistered political parties in Lagos State, Kolawole Ajayi, who is also a chieftain of the Alliance for Democracy, stated that Buhari’s regime deserves recognition for its infrastructure development efforts. Ajayi acknowledged that Nigerians had high expectations of Buhari’s regime, but the President did his best.He admitted that Buhari’s regime could not fully address the issues of security, economy, and anti-corruption…
The Commandant General, Nigeria Security and Civil Defence Corps, Ahmed Audi, on Thursday, threatened to arrest and prosecute unlicensed guards from the Private Guard Companies. Audi also threatened to sanction PGCs for the employment and deployment of unlicensed guards The NSCDC CG stated this while handing over licences to 44 PGCs in Abuja. Audi instructed that all licensed PGCs must operate within the required standard in order to reduce the rise of insecurity in the country. He said “Thereafter, all guards shall be licensed before deployment while unlicensed guards shall be arrested, prosecuted and their companies sanctioned for employment and…
A socio-democratic group, Rere Foundation for Progress and Development Nigeria has urged the President-elect, Bola Tinubu to prioritise the reduction of fuel price on assumption of office. The group lamented that the high cost of fuel has made the value of goods go up and it is making life unlivable for poor Nigerians. The founder of the group, Segun Adesanya in a statement on Thursday noted that reduction of the fuel price will alleviate the pains Nigerians are going through. Adesanya, however, urged the President-elect to ensure the crashing of the monetary dichotomy between the naira and other foreign currencies.…
The Supreme Court will today, Friday, May 26, deliver its judgment on a lawsuit seeking the disqualification of Bola Tinubu and Kashim Shettima as presidential and vice-presidential candidates of the All Progressives Congress (APC). The suit, filed by the Peoples Democratic Party (PDP), claims that Shettima’s nomination as Tinubu’s running mate violated electoral laws. The party specifically alleged that Shettima’s nomination as Tinubu’s running mate was in breach of the provisions of sections 29(1), 33, 35, and 84(1)(2) of the Electoral Act 2022. A constitutional lawyer, Festus Ogun, shared his view on the matter, emphasising that only an aspirant within…
A former Deputy Governor of Sokoto State, Mukhtar Shagari has expressed confidence ln the President-elect, Bola Tinubu,says he can be successful as President if he surrounds himself with the right people. The former Deputy Governor of Sokoto State advised Tinubu to assemble the right people with integrity. Shagari, on Thursday, said that the former Lagos State governor should not only pick right people to work with but the right people who have integrity. When asked if Tinubu can be successful as President, Shagari said, “Very easily, if he has the right team. If you are talented and you are the captain…
Ahead of the May 29 inauguration of the President-elect, Bola Tinubu, the police have deployed personnel to protect the Presidential Villa, ensuring maximum security at and around the Eagle Square in Abuja, and man all Nigerian borders, seaports, and airports. Force Public Relations Officer, Olumuyiwa Adejobi disclosed this on Thursday in a statement, saying operatives would equally be deployed to supervise and protect the entry and exit points of the capital city and other critical government installations. Personnel for the inauguration were taken from Special Forces namely, the Police Mobile Force, Counter-Terrorism Unit, Special Protection Unit, Anti-Bomb Squad, FIB-Intelligence Response…