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Jibrin Barau

Senator Buhari: Nigeria needs restructuring, not secession

National Insight Sen. Abdulfatai Buhari (APC – Oyo North) says Nigeria needs restructuring to resolve its myriads of problems, not secession. Buhari who disclose this to newsmen in Ibadan on Wednesday said that secession would only lead to “war within war.” Newsmen report that Buhari is the Chairman, Senate Committee on Land Transport. “I don’t believe in secession; restructuring, I believe in it so much. “Yoruba Presidency I am 100 percent, I believe in what is called rotational, it’s just fairness. “If you say democracy is a game of number, I agree, but there is what is called a situation for the right place and where you find yourself. “Secession does not bring peace, but war within war,’’ he said. The lawmaker, who expressed strong support for restructuring, added that a better Nigeria...

National Assembly raises 2021 budget by N580 billion, approves N13.588 trillion

The two chambers of the National Assembly yesterday passed the 2021 Appropriation Bill, increasing the budget size from N13.08 trillion presented to them by President Muhamnadu Buhari 11 weeks ago to N13.588 trillion. The passage of the 2021 budget followed consideration and adoption of harmonised reports separately submitted to them by their Committees on Appropriation. The two chambers increased the 2021 budget by about N580 billion and pegged daily crude oil production at 1.86 million barrels per day, while oil benchmark price was fixed at $40 per barrel. They approved N379 to dollar as the official exchange rate while GDP growth rate was pegged at 3 per cent. Highlights of the report approved by the Senate showed aggregate expenditure to be N13,588,027,886,175, statutory transfer of N4...