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Showing posts from March, 2016

Buhari declares National Economic Forum open, Refuse to talk about Rivers election crises

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President Buhari addressing the national Economic Forum retreat in Abuja on Monday, March 21, 2016 . President Muhammadu Buhari on Monday, March 21, addressed the National Economic Forum retreat in Abuja, Nigeria’s capital where he discussed issues affecting the economy. The retreat which is presided over by the vice president, Professor Yemi Osinbajo, had state governors, Central Bank of Nigeria (CBN) governor, Godwin Emefiele and other stakeholders in attendance, as well as ministers of the federal republic. President Buhari, in his address, spoke about the prevailing economic situations in the country with a view to finding a lasting solution within the next three years of his administration. President Buhari declaring the retreat open. In his speech, President Buhari stated emphatically that the issue of power in the country which used to be a subject of national jokes, is no longer a laughing matter as the federal government remains committed to improvin...

My children study abroad because I can afford it – Buhari

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President Muhammad Buhari has said that the forex crisis in the country is being managed by his administration and that not every Nigerian will be able to access foreign exchange at official rates in the country. President Buhari The President made the revelation during an interview with Talk With Al Jazeera during his visit to Qatar. When asked by the interviewer about the inability of parents with children schooling abroad to purchase forex at affordable rates to keep their children in school. President Buhari said, “Not every Nigerian can afford it and the country cannot continue to subsidize the forex needs of everyone.” Reminded by the interviewer that his own children school abroad, President Buhari said “I can afford it.” The Al Jazeera anchor then asked, “So it’s their tough luck then?” in reference to those Nigerians who are unable to afford the school fees. The President responded by shrugging his shoulders. Many Nigerians voted for President Buhari due t...

Major General Abubakar Dies in Auto Crash

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A gallant general who led the war against Boko Haram, Major General Yusha’u Mahmood Abubakar is dead. A top military source confirmed that the former Commander of Operation Lafiye Dole died on Tuesday following his involvement in an auto accident along Damaturu road. Major General Yusha’u Mahmood Abubakar The Nigerian Army has confirmed his death via a press statement. Details below: The Nigerian Army wishes to inform the public of the involvement of its Chief of Training and Operations (Army), Major General Yusha’u Mahmood Abubakar and the Acting General Officer Commanding 3 Division Nigerian Army, Brigadier General MSA Aliyu in a road traffic accident along Maiduguri-Damaturu road today. Regrettably, we lost Major General Yusha’u Abubakar at the incident, while Brigadier General Aliyu sustained some injuries and is receiving treatment.

MTN withdraws suit against the NCC and pays ₦50 billion

 In a move that might be a tie breaker in the headlock with the Federal Government of Nigeria and the Nigerian Communications Commision(NCC), MTN has withdrawn it’s suit against the Federal Government. It would be recalled that MTN Nigeria has been  locked in a legal tussle with the NCC  for a long while now as regards the  hefty fine slammed on them by the commission  for not adhering to its directives. As the deadline for the payment drew near, MTN Nigeria went ahead to file a suit against the NCC on the 31st of December 2015, later requesting an out of court settlement. According to a  report by The Cable , the telecommunication giant finally withdrew the suit on Wednesday and also paid N50 billion “as a gesture of good faith” towards an amicable resolution of the fine imposed on the company . The case at the federal high court in Lagos was withdrawn in response to a request by the Nigerian authorities.

Breaking: Minister of state for Labor and Employment, James Ocholi is dead

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James Ocholi Minister of state for Labor and Productivity, James Ocholi, died in a fatal motor accident along the Kaduna-Abuja express road this afternoon. He died along with his son while his wife who was in his car died after getting to the hospital. Personal Assistant to President Buhari on New Media, confirmed Ocholi’s death on twitter.