The Nigerian Senate has given its Committee on Foreign and Local Debts 14 days within which to process President Muhammadu Buhari’s request for a fresh ₦2.343 trillion ($6.183 billion) for approval. Senate President Ahmad Lawan gave the directive at the commencement of Tuesday’s plenary session shortly after the Senate Majority leader, Yahaya Abdullahi, drew the attention of the Senate to the pending request. The Senator Clifford Ordia-led Committee on Foreign and Local debt had approved a total of $28 billion so far. The current request will take the total loan approved to $35.683 billion. Buhari had urged the Senate to approve N2.3 trillion ($6.183 billion) external borrowing. He said the loan was to finance the 2021 budget deficit of N5.6 trillion. The President indicated that the loan ...
The Federal Road Safety Corps (FRSC) says 90 per cent of trucks in the country are over 30 years. The FRSC Corps Marshal, Dr Boboye Oyeyemi, disclosed this in an interactive session between the Nigerian Shippers’ Council (NSC), the FRSC and Haulage operators on Monday in Lagos. Oyeyemi called for an improvement on the maintenance and standardisation schemes for vehicles as most of them lacked safety measures like lighting, reflectors and other parts. He stressed the need for an intervention from the Federal Government to ensure truckers had fleet renewal as vehicles that had been on the road for 30-years should be scrapped. Oyeyemi pointed out that “due to the age of the trucks, they frequently breakdown on the road prolonging the days goods spend on the road before getting to its destinat...
Dr Godwin Maduka, a major contender for the gubernatorial ticket of the Peoples Democratic Party (PDP) in the Nov. 6 election in Anambra has urged party delegates to shun financial inducement. Maduka, America-based medical practitioner-cum politician, made the call while addressing journalists on Sunday in Awka on the need for party delegates to cast their votes without fear or coercion. He advised delegates to shun monetary inducement and develop boldness to vote for a candidate who has the capacity to develop the state.a He said though he has enough money to buy delegates at any cost but saw an act as undemocratic and should be discouraged for the people to get a sound polity. “Our delegates should be political active and not be passive any more in affairs that concerns their generation ...
Twitter Vice Chancellor of Plateau State University Bokkos (PLASU), Prof. Yohanna Izam has applauded Governor Simon Lalong for facilitating N3 billion Federal Government high impact intervention into the Institution. He noted that the governor also approved the released of funds for the accreditation of 15 programmes in the University to meet up with global academic practices. Prof. Izam disclosed this yesterday during the maiden Alumni Award and dinner of the University, where an award of Excellence was presented to Governor Simon Lalong by the University for approving the returned of Academic activities on assumption of office which was suspended by his predecessor, Jonah David Jang. “We are glad that Governor Simon Lalong has facilitated the Federal Government intervention of N3 billion...
Former President of Nigeria, Chief Olusegun Obasanjo, on Friday said if the country will get out of the present insecurity threatening the corporate existence of the nation, such as banditry, Boko Haram, kidnaping, and other criminalities, Nigeria need to go through a very long gestation period of training and educating all Nigerian children. Speaking at the commissioning of Prof. Abayomi Oluwatosin Jiboku Building, Lariken International College, Ologuneru, Ibadan, Oyo state capital, on Friday, he advised government at all levels to invest hugely in Western education to tackle insecurity. Obasanjo stated that Nigerians should reawaken their conscience and they should not be falling cheaply for pecuniary gains, which, according to him, has been fueling corruption and insecurity besetting th...
President Muhammadu Buhari has sought the approval of the Senate to borrow $6.18 billion external loan to finance this year’s N5.6 trillion budget deficit. The president’s request is contained in a letter addressed to the President of the Senate, Dr Ahmad Lawan, and read by Lawan at Tuesday’s plenary. President Buhari said the proposed loan, which is equivalent of N2.3 trillion, is to finance the 2021 budget deficit of N5.6 trillion. According to the president, sourcing the loan will enable the federal government to fund critical infrastructural projects in transportation, health and education, among other sectors. Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you b...
A former Provost of College of Education, Ikere Ekiti, now Bamidele Olumilua University of Education, Science and Technology, Professor Francisca Aladejana, is dead. Prof Aladejana, who until his death, was a Special Adviser to Governor Kayode Fayemi of Ekiti State on Basic, Secondary and Vocational/Technical Education, reportedly slumped in her office on Monday and thereafter died. She was said to have arrived her office as usual on Monday morning but later slumped while on phone call. The late Ado Ekiti-born Professor was the immediate past chairman of the Ekiti State Universal Basic Education Board (SUBEB). Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back p...