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Buhari Seeks Senate Approval For $6.183bn External Loan

Buhari Seeks Senate Approval For $6.183bn External Loan     President Muhammadu Buhari has sought the approval of the Senate for an external loan of 6.183 billion dollars, to fund the deficit of N5.602triillon in the 2021 Appropriation Act. This is contained in a letter addressed to the...

Despite Buhari’s Forex Ban, Food Imports Gulps $1.24bn

Despite Buhari’s Forex Ban, Food Imports Gulps $1.24bn       Food products imports gobbled up $1.24bn of the foreign exchange supplied by the Central Bank of Nigeria from October 2020 to March 2021 despite the ban directive from President Muhammadu Buhari. The foreign exchange used for the importation...

Buhari Suspends NPA’s Bala-Usman, Probe To Begin Monday

Buhari Suspends NPA's Bala-Usman, Probe To Begin Monday       President Muhammadu Buhari has suspended the Managing Director of the Nigerian Ports Authority, Hadiza Bala-Usman, sources familiar with the development said on Thursday. It was learnt that a panel of enquiry had been constituted to look into...

Buhari Orders Review Of FG’s Payrolls To Cut Costs

Buhari Orders Review Of FG’s Payrolls To Cut Costs     The federal government has initiated a raft of measures to cut the cost of governance in the face of dwindling revenue occasioned by the headwinds of the COVID-19 pandemic and the attendant global economic tailspin. Minister of...

2023: Is Nigeria Ready For Woman President?, by Zubaida Baba Ibrahim

2023: Is Nigeria Ready For Woman President?, by Zubaida Baba Ibrahim       In less than two years from now, the curtain will be drawn on the administration of President Muhammadu Buhari. But while he is still the present occupant of Aso Rock, the seat of power,...

Senate Approves FG’s Request For $1.5bn, €995m External Loans

Senate Approves FG’s Request For $1.5bn, €995m External Loans       The Senate yesterday gave the federal government the nod to borrow a total of $2.7 billion out of the $5.5 billion external borrowing request sent to the National Assembly by President Muhammadu Buhari in May last...