The South East Governors’ Forum, led by Ebonyi State Governor, David Umahi, has named the Second Niger Bridge after President Muhammadu Buhari. Special Assistant to the President on Digital Communications, Bashir Ahmad, announced the development in a tweet yesterday. Ahmad tweeted, “The Second Niger Bridge is to officially be called/known as Buhari Second Niger Bridge. The Muhammadu Buhari Bridge is officially commissioned today, by President Muhammadu Buhari. #PMBLegacy”. The Special Assistant to the President on Digital/New Media, Tolu Ogunlesi, also made the confirmation in a tweet. “Following consultations, the Governors…
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Dangote Refinery to save $30bn spending on petrol imports -Buhari
…Calls it game changer for Nigeria’s economy The newly commissioned Dangote Petroleum Refinery & Petrochemicals is set to help Nigeria save not less than $30billion in refined petroleum products importation whilst boosting the foreign exchange inflow by $10billion. This is as President Muhammadu Buhari said the plant would advance Nigeria’s drive towards self-sufficiency in food production, among other national objectives. Speaking at the commissioning of the Dangote Refinery and Petrochemicals Complex in Lagos yesterday, the Central Bank of Nigeria, (CBN) governor, Godwin Emefiele, noted that the Dangote Refinery which has…
Read MoreElectricity: Over $7.5bn spent on transmission under Buhari, yet darkness persists – Report
The projected gains expected from the over $7.5 billion loans taken by the President Muhammadu Buhari administration to overhaul the transmission segment of the electricity sector and deliver stable supply have remained a mirage with a few days to the end of the administration. Recall that the World Bank, African Development Bank (AfDB), Japan, France Development Agency and other financiers borrowed Nigeria over $7.5 billion to improve the weak wheeling capacity of the transmission network and the grid. But alleged widespread corruption, political considerations, non-alignment of the infrastructure, and the…
Read MoreIndependent Candidacy: “Assent to Bill before May 29” – HURIWA urges Buhari
Civil rights advocacy group, Human Rights Writers Association of Nigeria (HURIWA), has endorsed the bill seeking to provide for independent candidacy in presidential, governorship, National and State Assemblies, as well as local government elections. HURIWA, in an issued statement by its National Coordinator, Comrade Emmanuel Onwubiko, said now that the Bill has been transmitted to President Muhammadu Buhari for assent, the President should speed up processes and sign the Bill to law before he leaves office on May 29, 2023. The group said the Bill, if it becomes a law,…
Read MoreDefense Spending: ‘Buhari wasted over $20bn on Security’, Shehu Sani alleges
Former lawmaker Senator Shehu Sani has alleged that President Muhammadu Buhari’s government wasted more money but failed to secure the lives of Nigerians. According to him, about $20billion was budgeted for Defence in the eight years of President Buhari’s administration. He lamented that over 63,000 people were killed despite the huge budget deployed to the defence sector in the current administration. He tweeted: “About twenty billion dollars was budgeted for Defence in the eight years of this administration and over 63 thousand people were killed in the same period, going…
Read MoreNational Assembly: “We’ve approved Buhari’s $800m loan request” – Reps. member
A member House of Representatives Committee on Loans, Aids and Debt Management, Abubakar Yunusa Ahmad, says federal lawmakers have approved the $800 million loan request of President Muhammadu Buhari. The lawmaker however argued that the loan would not be utilised by the Buhari administration, saying the incoming government would deploy its own approach to utilise the loan. According to the Reps. member, who was a guest on a television programme yesterday, said “The $800 million – there were so many talks that we did, especially we in the loan committee,…
Read MoreS’Court Verdict: “Make Osun succeed” – President Buhari tells Adeleke on his victory
President Muhammadu Buhari has congratulated Osun State governor, Ademola Adeleke, on his victory at the Supreme Court, encouraging him to work for the people of the State. The apex court had yesterday, affirmed Adeleke’s victory in the July 16th governorship election in the state, bringing an end to the legal challenge mounted by Gboyega Oyetola, the immediate past governor and candidate of the All Progressives Congress in the election. Reacting to the Supreme Court verdict in a statement on Tuesday, Buhari assured that his administration would continue to support the…
Read MorePIA 2022: ‘Comply with Senate resolution on crude oil export terminals’ – Buhari directs MDAs
President Muhammadu Buhari, has instructed all government establishments to comply with the senate resolution asking that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) be the sole and only regulatory entity to regulate and monitor the activities of all existing crude oil export terminals in Nigeria. The resolution was passed November 2022 in alignment with Section 7ee of the Petroleum Industry Act (PIA) 2021. Institutions affected by the directive include the NUPRC, Nigerian Midstream Downstream Regulatory Authority (NMDPRA), the Nigerian National Petroleum Company Limited (NNPCL), Federal Ministry of Industry, Trade and…
Read More“Buhari leaving Nigeria worse than he met it”– Galadima
Chieftain of the New Nigeria Peoples Party (NNPP) Buba Galadima, has said President Buhari is leaving Nigeria worse than he met it. The NNPP chieftain stated this in an interview, while responding to a question about the performance of President Muhammadu Buhari administration. According to him, President Buhari’s administration has caused pains to Nigerians as a result of maladministration. Galadima said, “Femi Adesina was right when he said that this administration has not left Nigeria the way he met it. I think he was right when he said that the…
Read MoreBuhari excludes Finance Ministry from TSA
President Muhammadu Buhari yesterday, gave his approval for the Ministry of Finance Incorporated, (MOFI), to be partially excluded from the Treasury Single Account. Along with granting the inclusion of the Minister of Power in the Governing Council, Buhari also agreed to the Board of MOFI’s request to levy administration and transaction fees. In order to turn MOFI from a register of investment records into a premier asset and investment management organisation, the new MOFI was launched on February 1, 2023, according to the President, who delivered the permission at the…
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