Buhari – Page 35 – City Business News

November 22, 2016 No Responses

FG expends N1.1tri on debt servicing in nine months

The Federal Government has spend not less than N1.1 trillion on debt servicing in the last nine months, the Minister of Budget and National Planning, Senator Udoma Udo Udoma, has said. According to the minister, this also includes N44 billion...

November 21, 2016 No Responses

FG proposes N750B recapitalization agenda for agric bank

The Federal Government through the Central Bank of Nigeria (CBN) has concluded plans to make available N750 Billion for the recapitalisation of the Bank of Agriculture in 2017. Under the arrangement, the Bank is being repositioned to attract not...

November 20, 2016 No Responses

Buhari in Ondo, seeks support for Akeredolu

President Muhammadu Buhari on Saturday canvassed support for Oluwarotimi Akeredolu (SAN) as the next Governor of Ondo State under the platform of All Progressive Congress (APC). He also used the opportunity to describe the process that brought Akeredolu...

November 19, 2016 No Responses

Corruption: FG unveils panel on asset recovery

The Federal Government has set up an inter-agency Presidential Committee on Asset Recovery (PCAR) as part of its efforts tostrengthen the ongoing fight against corruption, the Minister of Information and Culture, Alhaji Lai Mohammed, has said. Speaking whi...

November 18, 2016 No Responses

Minister seeks Governors’ support for ‘Change Begins With Me’

The Minister of Information and Culture, Alhaji Lai Mohammed, has canvassed the support of State Governors for the success of theFederal Government’s National Re-orientation Campaign, “Change Begins With Me”, which was launched by President...

November 14, 2016 No Responses

Nigeria to end $800m a year wheat import from Russia

The Federal Government is putting measures in place to curtail $800 million on wheat importation from Russia. According to the Foreign Affairs Minister of State Hajiya Khadija Abba-Ibrahim, the meaure is expected to preserve foreign exchange for the country...

November 13, 2016 No Responses

FG congratulates Super Eagles for defeating Algeria

President Muhammadu Buhari on Saturday congratulated the Super Eagles on their 3-1 victory over Algeria in the African qualifiers for the 2018 World Cup in Russia. Buhari commended the team and its handlers for their determination and high professionalism.....

November 7, 2016 No Responses

Heritage Centre replaces Presidential Lodge in Lagos

The Lagos State Government has commended President Muhammadu Buhari for approving the hand over of the Marina Presidential Lodge to the State. According to the State Government, the gesture followed Governor Ambode’s request to have the lodge released t...

November 2, 2016 No Responses

Presidency to offer more explanations on quest for $30B loan

The Presidency is to further brief the National Assembly on the urgent need for Nigeria to secure $30Billion international loan. The Nigeria Senate had on Tuesday unanimously, threw out President Muhammadu Buhari’s request for external loan of $29.96 bill...

October 28, 2016 No Responses

2016 Budget: FG releases N2.5trillion

Still shopping for a sustainable healing barm for the nation’s troubled economy, the Federal Government has so far released N2.5 trillion from the N6.06 trillion 2016 budget, Minister of Budget and National Planing Udoma Udo Udoma has said. Also answering...

October 26, 2016 No Responses

FG Seeks NASS approval to borrow $29.9b

The Federal Government has forwarded a letter to the National Assembly seeking approval to borrow externally $29.9 billion as part of measures to ensure the prompt implementation of projects. In a letter addressed to the Speaker of the House of...

October 21, 2016 No Responses

Senate tasks FG on withdrawal of airlines from Nigeria

The Deputy Senate President, Senator Ike Ekweremadu has described withdrawal of airlines from Nigeria as a bad omen for the country. Speaking during a session on the proposed concessioning of four airports on Thursday, the Deputy Senate President explained...

October 21, 2016 No Responses

New National Counter Terrorism Strategy underway in Nigeria

(NAN) The Federal Government on Thursday said it had put in place the needed structures for the full implementation of the National Counter Terrorism Strategy (NACTEST). The National Security Adviser, Babagana Monguno, said this in Lagos at the opening of...

October 20, 2016 No Responses

FG approves transaction adviser on rail concessioning

The Federal Executive Council (FEC) on Wednesday approved the appointment of transaction advisers to negotiate with General Electric (GE) on railline concessioning. Speaking at the end of the meeting presided over by President Muhammadu Buhari, Minister ...