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Senators Reject Buhari’s Nominee As PenCom DG

Senators Reject Buhari’s Nominee As PenCom DG       The decision of President Muhammadu Buhari, to seek the Senate approval for the appointment of Aisha Umar, as the Director General of the National Pension Commission, has caused a sharp division among senators. Some senators on Tuesday vehemently protested...

Buhari Approves Oil Reform Bill As Senate Set To Resume Tuesday

Buhari Approves Oil Reform Bill As Senate Set To Resume Tuesday         President Muhammadu Buhari may formally present the Petroleum Industry Bill (PIB) to the Senate next week, which could trigger major oil reforms, sources have said. The Ministry of Petroleum Resources had presented the bill to...

Historic Perspective on the Pardon of Alli and Enahoro By Eric Teniola

Historic Perspective on the Pardon of Alli and Enahoro By Eric Teniola     The presidential pardon granted by President Muhammadu Buhari, GCFR, to former Nationalist and Minister, Chief Anthony Eromosele Enahoro (1923-2010) and also to Professor Ambrose Folorunsho Alli (1929-1989), former Governor of the defunct Bendel...

Buhari Justifies Borrowing To Fund Infrastructure Development

Buhari Justifies Borrowing To Fund Infrastructure Development     President Muhammadu Buhari Tuesday justified government borrowing to finance infrastructure, asserting that his government took loans in the interest of the country to solve the dire shortfall in infrastructure. Speaking at a virtual meeting with members of the Presidential...

Nigeria’s Revenue Declined By 65%, Says Finance Minister

Nigeria’s Revenue Declined By 65%, Says Finance Minister       The Minister of Finance, Budget and National Planning, Zainab Ahmed, says Nigeria’s revenue has dropped by 65 per cent hence the decision of President Muhammadu Buhari to discontinue the payment of petrol subsidy. Ahmed said this on NTA’s...

Nigeria Borrowed N18.89trn Under Buhari’s Regime – Report

Nigeria Borrowed N18.89trn Under Buhari's Regime – Report       Nigeria’s debt public debt hit a total of N31.01tn at the end of June, the Debt Management Office announced on Wednesday. This means that in the last five years under President Muhammadu Buhari, the country’s debt rose by...