Showing posts from November 7, 2017

President Muhammadu Buhari Will Present The 2018 Budget To National Assembly.

President Muhammadu Buhari will present the 2018 Appropriation Bill to a joint session of the National Assembly today (Tuesday), 7th November. The 2018 budget proposal presentation is scheduled to hold at 2pm.

The Federal Government plans to spend about N8.6tn next year, a jump of about 15 per cent from the N7.44tn budgeted for the current year.

It was however, gathered that leaders of both the Senate and the House of Representatives were making last minute efforts to prevent drama during the presentation. A source in the Senate, who spoke on condition of anonymity, disclosed on Mondaydisclosed that the President will present the budget on Tuesday (today) but there is an issue. Some members of the National Assembly, particularly in the House of Representatives, are against the presentation of a new budget proposal when the current one has not been implemented considerably.

The National Assembly began beefing up security on Monday ahead of the President’s visit. As part of the security …

The Battle To Succeed Robert Mugabe Intensified.

The battle to succeed Robert Mugabe intensified on Monday after the aging Zimbabwean president fired a long-serving deputy long seen as his heir apparent.

Emmerson Mnangagwa, who had served as vice president since 2014 and who was exiled alongside Mr Mugabe during the 1970s war against white minority rule, was fired on Monday for "disloyalty, disrespect, deceit and being unreliable,” the country's information ministry said in statement.

Mr Mnangagwa, 75, often referred to by his war-time name, Ngwenya, (crocodile) had long been tipped to succeed Mr Mugabe, 93, when he died or retired.

The announcement followed a weekend of public humiliation for Mr Mnangagwa and was widely seen as a victory for Grace Mugabe, the Zimbabwean first lady and a potential rival for the succession. Mrs Mugabe publicly mocked him when he was in the audience at a public rally on Saturday.

The following day, she told thousands of Apostolic Church members that Mr Mnangagwa tried to overthrow her husband…

Alhaji Lai Mohammed Said Nigerians Will Soon Begin To Feel The Impact Of The Country’s Improved Economy.

The Muhammadu Buhari-led Federal Government has assured that as Nigeria’s economy continues to improve, prices of food items will soon “tumble.”

Minister of Information, Alhaji Lai Mohammed said Nigerians will soon begin to feel the impact of the country’s improved economy in their daily lives.

Speaking in Lagos, Mohammed highlighted how the Federal Government has being making efforts towards ensuring that the country’s economy continues to improve.

Mohammed said with programmes like Economic Recovery and Growth Plan, ERGP, Presidential Enabling Business Environment Council, PEBEC, Buhari is determined to put the country’s economy on a winning path.

The Minister insisted that the current administration will not “relent in its determined effort to usher in a new dawn for Nigeria. We are winning the battle to revive the economy.”

Mohammed in a statement said, “Good afternoon gentlemen and thank you for, once again, honouring our invitation. This is the second time we are meeting in about one…

Vice President Osinbajo Speaks On Nigerian Recession.



Let me begin by saluting the House of Representatives for taking the initiative to establish a Committee, dedicated to working with other stakeholders to get Nigeria out of the 2016 - 2017 recession.

In similar vein, I must commend the Honorable Members of the Committee for their sterling work of investigating the issues, consulting with relevant stakeholders, and coming up with useful insights and recommendations for policy actions to end the recession.

I have titled my remarks here, The Nigerian Recession: We must never walk this way again.
The recession was just not something that occurred in a cyclical fashion – not just another economic occurrence. No! It was unbridled corruption on a scale that was unprecedented anywhere in the world..

The story of the Nigerian recession must be told often, and more importantly, truthfully. There are tw…

Presidency Declares 2019 Elections To Be Free and Fair.

The Presidency has assured Nigerians and the international community that the 2019 general elections will be free and fair. This assurance was given on Monday.

It also said the 2015 general election was credible because of the then chairman of the Independent National Electoral Commission, Prof. Attahiru Jega.

The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, disclosed these in a statement made available to journalists.

Shehu was reacting to a United Nation’s prediction that 2019 elections in Nigeria will be credible and violent-free.

He said the prediction is another indication of the world’s confidence in the current administration.

A United Nations representative was said to have made the prediction in a Channels interview.

Shehu expressed pleasure at what he called the accurate observation of the trends in the Pres. Buhari’s government, which he said could only lead down the path of free and fair elections come 2019.

He said, “The Buhari government doesn’…