Tag: President Muhammadu Buhari

FG to borrow N11.3trn to fund N19.76trn 2023 budget

Emporium Reporters

The Federal Government is planning to borrow N11.3 trillion to fund the N19.76 trillion proposed 2023 budget.   The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, disclosed this while presenting the 2023 to 2025 Medium Term Expenditure Framework (MTEF) and Fiscal Policy Paper (FSP) to the House of Representatives’ Committee on Finance chaired by Honourable Abiodun Faleke.   According to her, the fiscal parameters for the year showed that oil production volume was pegged at 1.69mbpd, oil benchmark – $70 per barrel, exchange rate – N435.57/$; N8.501…

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Acting President Yemi Osinbajo SAN

The Vice President, Prof. Yemi Osibanjo has asked government at all levels to invest more on Health and well being of Nigerians along with quality Education so as to guarantee government objectives in the realization of SDGs.   Professor Osibanjo dropped the message on Thursday at the banquet hall of the state house, Presidential Villa, Abuja during the maiden launch of Goal 3 and 4 independent evaluation reports , the first of its kind which dwelled on performance of Health and Education programs in Nigeria.   He said Nigeria was…

The Hardship in Nigerian’s Economy By Adefolarin A Olamilekan

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The global economic turbulent so far is taking a toll across boards . A situation that even the rich developed nations are no taking any chance for granted.How much more poor and underdeveloped countries in sub- Sahara Africa and others. Unfortunately, what work has economic principles,making economies bouyant and robust is also causing privation in the same.   What can we say of inflation that majorly on positive side is to create expansion for businesses growth, is on the other hand negatively breeding and deepening inequality,poverty, and food shortage.It is…

Zero release of 2022 Capital Funds in August rents Air …. As FG proposed 2023 Budget

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By YUSUF ABUBAKAR, Abuja       Nigerians may suffer more as the journey towards 2023 general elections gathered momentum, with no release of capital funds as at the end of third quarter of the year.   This was coming at a time the Nigerian government is proposing September, 2023 towards presentation of the next year’s budget.   Except for recurrent expenditures , with only payment of salaries and allowances , the current administration may not be able to fund the capital budget elements of this year’s budget.   An…

Bello’s firing shot and Buhari’s petting embrace By Haruspice

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In Kogi, following a security breach, the state government swiftly suspended the traditional chief security officer of Ajaokuta Local Government Council and queried the political chief security officer; to the governor, the chairman and traditional head of the local government failed in their responsibility to secure the local council by either going to sleep while it was still day or looking the other way when they should have acted. In all, without batting an eyelid, Governor Yahaya Bello waded the big stick! This is what President Buhari should have been…

Can we get Buhari to resign? Today! By Festus Adedayo

Emporium Reporters

Now that the wise, prudent, babes and suckling have come to the gruelling realisation that Nigeria is gradually coming to a deadly repose under President Muhammadu Buhari; it is nice seeing everyone in frenzied scampering. Legislators in Abuja, like vipers stirred off their places of comfort, are spitting venom. The political elite, seeing from afar the impending expiry of their inordinate suck of the Nigerian nectar, are confused and disconcerted.   Abuja, their nest of filch, is becoming too hot for comfort. The same Abuja is also fast assuming the…

Fixing a country with destroyed immunity, by Hassan Gimba

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Not to punish evil is like authorising it – Leonardo da Vinci …when the laws have ceased to be executed, as this can only come from the corruption of the republic, the state is already lost – Baron de Montesquieu.   A kingdom (nation) can endure with unbelief, but it cannot endure with injustice – Sheikh Usman Dan Fodio   Leonardo di ser Piero da Vinci died on 2 May, 1519. He was an Italian with encyclopedic learning. There was no branch of knowledge that he didn’t touch. His achievements,…

JUST IN: PDP Senators threaten to begin Buhari’s impeachment,storm out of plenary

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Senators from the Peoples Democratic Party (PDP), have given President Muhammadu Buhari six weeks ultimatum to address the rising insecurity in the country or face impeachment.   Senate Minority Leader, Philip Aduda, stated this while addressing reporters after the opposition lawmakers stormed out of the Senate plenary angrily, chanting “Buhari must go and Lawan should follow” to protest the worsening insecurity across the country.   Trouble started when the Senate Minority Leader raised a point of order for the Red Chamber to deliberate on issues raised at the closed-door session,…

Nigerians in Diaspora,worthy representatives of Nigeria – Buhari

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President Muhammadu Buhari has commended the 17 million Nigerians in the Diaspora for being worthy representatives of Nigeria in their various host countries and for their contributions to Nigeria. Buhari gave this commendation while declaring open 2022 National Diaspora day celebrations in Abuja. Buhari, who was represented by Prof. Ibrahim Gambari, his Chief of Staff , described the celebration as a recognition of the contributions of Nigerians in Diaspora to national development. In his words, “Let me reiterate that our government has held and will continue to…

Buhari asks Senate to confirm 19 nominees as INEC Commissioners

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President Muhammadu Buhari has written the Senate to confirm 19 nominees as Resident Electoral Commissioners for the Independent National Electoral Commission (INEC). The confirmation request to the upper chamber was contained in a letter dated 25th July, 2022. The letter was read at plenary by the Senate President, Ahmad Lawan. President Buhari, in the letter, said that the request for the confirmation of the nominees was in accordance with the Provisions of Section 154 (1) of the 1999 Constitution of the Federal Republic of Nigeria (as amended).…