Monday, April 8, 2019

Tag "Muhammadu Buhari"

    APC asks Buhari to probe NNPC ‘now’

APC asks Buhari to probe NNPC ‘now’

The All Progressives Congress (APC) has asked the federal government to probe the  Nigerian National Petroleum Corporation (NNPC) without further delay.The party raised concern on the whereabouts of the dividend paid to the corporation by the Nigeria Liquefied Natural Gas Company (NLNG) as well as the taxes paid to the Federal Inland Revenue Service (FIRS) federation account prior to the latest [...]

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    PDP rep sues Buhari over ‘illegal’ bailout

PDP rep sues Buhari over ‘illegal’ bailout

Igariwey Enwo, a member of the house of representatives, has instituted a legal action against President Muhammadu Buhari over the N700 billion bailout fund that he approved for states.The lawmaker representing Afikpo north-south federal constituency of Ebonyi state, said Buhari violated the constitution by not consulting the national assembly before approving the grant.Describing the act as “unconstitutional, illegal and unlawful", Enwo [...]

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    ’12 killed’ in Boko Haram raids on Borno villages

’12 killed’ in Boko Haram raids on Borno villages

At least 12 people were killed when Boko Haram insurgents raided two Borno villages on Tuesday.Military and vigilante sources confirmed the attack to Reuters, saying the first attack happened at Damasak, a border town in Borno state."They came in Hilux vehicles (pick up trucks) and motorcycles, set fire to all the houses but all the residents have fled the town since [...]

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    Buhari: I was scared of contesting 2015 election

Buhari: I was scared of contesting 2015 election

President Muhammadu ‎Buhari says the outcomes of the three elections he contested in the past almost discouraged him from participating in the 2015 poll.Buhari contested and lost presidential elections in 2003, 2007 and 2011.Commending leaders of the All Progressives Congress (APC) for the role they played in ensuring the victory of the party in the last election, Buhari asked them to drop [...]

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    DSS ‘lays siege’ to NNPC, quizzes directors

DSS ‘lays siege’ to NNPC, quizzes directors

The Department of State Services (DSS) has laid siege to the Nigerian National Petroleum Corporation (NNPC), with several directors taken in for interrogation, a senior official of the corporation has said.Ian Udoh (pictured), group executive director for refining and petrochemicals at the NNPC, told Reuters he has been grilled 11 times since the end of May.He said there is a “siege mentality” [...]

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    Despite FG’s claim, Radio Biafra still on air

Despite FG’s claim, Radio Biafra still on air

Though the federal government claimed to have sent Radio Biafra off the airwaves, checks by TheCable revealed that the controversial station is still broadcasting.Yemi Folasade-Esan, permanent secretary in the ministry of information, had earlier said that the National Broadcasting Commission (NBC) had jammed signals of the station.“Signals from Radio Biafra have been jammed. The National Broadcasting Commission (NBC) has successfully [...]

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    Buhari orders crackdown on Nollywood pirates

Buhari orders crackdown on Nollywood pirates

President Muhammadu Buhari has directed law enforcement agencies to step up their efforts to curb the menace of piracy in Nigeria’s entertainment industry.Buhari, who was speaking on Tuesday after receiving a briefing from Folasade Yemi-Esan, permanent secretary of the ministry of information, said pirates were preventing artistes from enjoying the fruits of their labour.“Nollywood is making progress. We should work with them. [...]

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    FG ‘jams’ Radio Biafra, hunts sponsors

FG ‘jams’ Radio Biafra, hunts sponsors

The National Broadcasting Commission (NBC) has jammed Radio Biafra signals, Shade Yemi-Esan, permanent secretary, ministry of information, said on Tuesday.Yemi-Esan also said the commission was working with security agencies to apprehend those behind the radio, which according to her does not have operating license.“Right now the signals from radio Biafra have been jammed successfully by the NBC," she told state house [...]

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    PDP: Buhari slashed salary to gain popularity

PDP: Buhari slashed salary to gain popularity

The Peoples Democratic Party (PDP) has accused President Muhammadu Buhari of trying to gain cheap popularity by cutting his salary by 50 percent.Buhari slashed his annual salary from N14 million to N7 million, and also rejected a proposal for the purchase of five armoured Mercedes cars worth N400 million, for his use.But the PDP sees the gesture as an attempt [...]

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    Buhari: I didn’t know any of my service chiefs

Buhari: I didn’t know any of my service chiefs

President Muhammadu Buhari has urged the newly-appointed service chiefs to rebuild the reputation of the armed forces and prove that they were appointed on merit as he had no previous relationship with any of themBuhari also asked them to show utmost commitment to their duties, saying their appointment was based on merit."All of you, including the national security adviser, were chosen [...]

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    Buhari: No good reason to remove fuel subsidy

Buhari: No good reason to remove fuel subsidy

President Muhammadu Buhari says the removal of fuel subsidy would add to the economic woes of Nigerians, saying his government might not remove it.Buhari said the points raised by proponents of subsidy removal are not genuine but promised to review all the proposals before him in that regard.He was speaking on Monday when he played host to officials of the oil sector [...]

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    APC: We will soon release shocking revelations about Jonathan’s government

APC: We will soon release shocking revelations about Jonathan’s government

The All Progressives Congress (APC) has asked Nigerians to expect “shocking revelations” of the past government in the coming weeks and months.In a statement issued in Lagos on Sunday by Lai Mohammed, national publicity secretary of the party, APC accused the Peoples Democratic Party (PDP) of distorting the facts about the source of the $2.1 billion that President Muhammadu Buhari [...]

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    Buhari eyes stronger US support ahead of visit to Obama

Buhari eyes stronger US support ahead of visit to Obama

President Muhammadu Buhari has expressed the belief  that his visit to President Barack Obama will strengthen bilateral ties between Nigeria and the United States of America.According to Femi Adesina, special adviser to the president on media and publicity, the president said this on Wednesday during a meeting with Anthony Blinken, the US deputy secretary of state, at the presidential villa, [...]

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    Jonathan ‘did not want to share’ $5.6bn NLNG dividend, says PDP

Jonathan ‘did not want to share’ $5.6bn NLNG dividend, says PDP

The Peoples Democratic Party (PDP) is insisting that former president Goodluck Jonathan left “huge sums of money” in the nation’s treasury before handing over to President Muhammadu Buhari.Reacting to the claim of the presidency that the bailout was not taken from the excess crude account (ECA), Olisa Metuh, spokesman of the PDP, said Buhari was misdirected on the actual state [...]

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    Your end is near, Buhari tells Boko Haram

Your end is near, Buhari tells Boko Haram

President Muhammadu Buhari has assured Nigerians that the end of the Boko Haram sect is in sight.He said that despite the resurgence of insurgent attacks, the operations of security forces have improved tremendously.Condemning the recent attacks in Jos, Zaria, Potiskum and Kaduna, the president said his administration remains committed to overcoming the challenges of insecurity as quickly as possible.“The president is convinced that [...]

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    Salary bailout not from GEJ’s savings, presidency insists

Salary bailout not from GEJ’s savings, presidency insists

The presidency has accused the Peoples Democratic Party (PDP) of “creating an unnecessary controversy” over the bailout that President Muhammadu Buhari approved for insolvent states.Faulting the claim of Olisa Metuh, spokesman of the PDP,  that the money was taken from the savings that former president Goodluck Jonathan handed over to Buhari, Femi Adesina, special adviser to the president on media and [...]

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Exchange Rates

April 5, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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