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Tag Archives: Federal Government

Nigeria’s economy has gone from recession to depression under Buhari – Analyst

It is very unfortunate to note that the Federal Government’s delay, reluctance, refusal or even neglect to settle its huge indebtedness to domestic economic agents, including contractors and others is one of the reasons the economy remains comatose and the suffering in the land remains excruciating. For obvious economic and …

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WHY ATIKU WANTS NATION’S RESTRUCTURING By ADEBISI MOSES

  One quality which stands former Vice-President Abubakar Atiku heads and shoulders among many contemporary politicians and statesmen is his pro-active thinking. He thinks and mostly acts ahead of time. Without comparing him to God – because he is not – as a political strategist, he has the capacity to …

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Buhari’s Govt Got N2.2tr from Federation Account in One Year!

Facts have emerged through a painstaking and diligent investigation that the Federal Government under President Muhammadu Buhari got a total N2,203,573,573,563.25(Two trillion, two hundred and three billion, five hundred and seventy-three million, five hundred and seventy-three thousand, five hundred and sixty-three naira and twenty-five kobo) from the Federation Account as …

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Give us 65% of Oil Wells -Soth South and South East Lawmakers

To facilitate development in the Niger Delta region, South-South and South East lawmakers have urged the Federal Government to review the ownership structure of oil wells in the country. “The people of the Niger Delta region should possess at least 65 percent of the oil wells contrary to the present …

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Condemning the Biafra Day carnage -EMEKA EJERE

The alleged massacre of about 30 pro-Biafra activists by soldiers penultimate Monday has no doubt taken a permanent place in history as one of many events that question the respect of our security operatives for human life. The protesters comprising members of the Movement for the Actualisation of Sovereign State …

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New Militant Group Demands Release Of Kanu, Dasuki

It looks like the challenge of militancy in the Niger Delta region might take a while before it is resolved. Vanguard reports that a new militant group, Egbesu Mightier Fraternity (EMF), has emerged with an ultimatum for the unconditional release the Indigenous People of Biafra (IPOB) leader, Nnamdi Kanu and …

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FG Set To Raise N105billion bonds On May 11

The Debt Management Office, DMO, on Wednesday, May 4, said the Federal Government plans to raise N105 billion in local currency denominated bonds on May 11, The office said it will sell N50 billion of a bond maturing in 2036, 40 billion of paper maturing in 2026 and 15 billion …

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“Obasanjo may be an economic illiterate, but you are ignorant and mischievous.” – Oyinlola to Soyinka

A former Governor of Osun State, Prince Olagunsoye Oyinlola, has reacted to a verbal attack launched against him by Nobel laureate, Professor Wole Soyinka, over the status of the Centre for Black Culture and International Understanding, Osogbo, describing Soyinka as ignorant and mischievous. Oyinlola’s media officer, Mr. Lasisi Lagunju though …

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” There will be special courts for looters ” – Buhari

The Federal Government has begun moves to establish special courts to try corruption-related cases as part of the efforts to fight graft in the country. Investigations on Friday revealed that President Muhammadu Buhari was opting for a comprehensive onslaught against the problem of corruption in the country. It was learnt …

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