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Buhari Inaugurates N30bn Olam Poultry, Feed Mill

President Muhammadu Buhari has inaugurated the N30 billion Integrated Feed Mill, Hatchery and Breeder Farm in Kaduna. Middle East Olam International Business Head, Mr. Vinod Kumar Mishra, had earlier said that when inaugurated, the multi-million dollar investment would utilise around 180,000 tonnes of corn and...

Buhari not happy with governors over Paris Club refund

President Muhammadu Buhari has met with members of the National Council of traditional rulers and decried the way the Paris Club Refund was spent by some state governors. The Federal government had on May 4 released details of the second tranche of Paris Club refund...

Buhari: Jonathan’s Govt destroyed the economy

The Presidency dismissed former President Goodluck Jonathan’s claim on the state of the economy at the end of his administration in May 2015. Jonathan said at the weekend that he handed over a healthy economy to President Muhammadu Buhari. “We tamed inflation at a single digit,...

Acting President Osinbajo’s 30 Key Points on Democracy Day

Acting President Osinbajo’s 30 Key Points on Democracy Day The Economic Confidential presents below the 30 Key Points from the Speech of Acting President Prof. Yemi Osinbajo to Commemorate the Second Anniversary of Buhari Administration on May 29, 2017. 1. Our administration outlined three specific areas...

NASS Passes 2017 Budget of N7.44 Trillion

The joint session of the National Assembly has passed the 2017 Appropriation Bill of N7.44 trillion, instead of the N7.28 trillion hitherto proposed by President Muhammadu Buhari. The Appropriations Committees of both chambers had separately presented their reports of the budget for consideration and eventual...

NASS approved Buhari’s request for $500m Eurobond

The two arms of the National Assembly, NASS, yesterday approved President Muhammadu Buhari’s request to raise additional $500 million eurobond from the international capital market to fund the 2016 Budget deficit. In the Senate, the approval was given, following an executive communication from the...