Friday , 29 May 2015
Breaking News
Home 5 Tag Archives: Nigeria

Tag Archives: Nigeria

Benue Gov. Gabriel Suswam, Segun Aganga & PDP’s Tony Anenih Flee Nigeria

Benue Gov. Gabriel Suswam, Segun Aganga & PDP’s Tony Anenih Flee Nigeria

Nigerian minister, Segun Aganga, PDP chieftain, Tony Anenih and the Governor of Benue state, Gabriel Suswam today departed Nigeria on a British Airways flight out of the Abuja’s Nnamdi Azikiwe International Airport apparently to avoid getting caught. The three were last seen boarding the BA flight scheduled for an 8:00am departure to London. SaharaReporters learnt that more party officials and ... Read More »

Buhari’s First Speech As Military Head Of State In 1983

Buhari’s First Speech As Military Head Of State In 1983

In pursuance of the primary objective of saving our great nation from total collapse, I, Major-General Muhammadu Buhari of the Nigerian army have, after due consultation amongst the services of the armed forces, been formally invested with the authority of the Head of the Federal Military Government and the Commander-in-Chief of the armed forces of the Federal Republic of Nigeria. ... Read More »

Nigeria’s Perspectives On Post-2015 Development Goals

Nigeria’s Perspectives On Post-2015 Development Goals

On the 15th of May 2015, 19 journalists from 14 media houses converged at the Boardroom of the Shehu Musa Yar’Adua Center in Abuja, Nigeria to attend a seminar on the Post 2015 Development Agenda The Millennium Development Goals set a few, highly effective targets for the world in 2000, e.g. halve the proportion of poor and hungry and reduce ... Read More »

Nigeria: Taking Advantages of Software Development Economic Dynamics By Aare Ago

Nigeria: Taking Advantages of Software Development Economic Dynamics By Aare Ago

“To accomplish great things, we must not only act, but also dream, not only plan, but also believe”. “We need to do more at this stage in order to move forward; and no stone should be left unturned”. Those were the words offered by former president Olusegun Obasanjo in his inaugural speech for the Nigerian Software Development Initiative (NSDI) in ... Read More »

Nigeria Marks Children’s Day Amid Boko Haram Violation Of Minors

Nigeria Marks Children’s Day Amid Boko Haram Violation Of Minors

Nigeria has joined the international community in commemorating Children’s Day amid concern at the use of minors to perpetrate terrorist acts by the Boko Haram sect. Locally, the United Nations Children’s Fund (UNICEF) said the choice of the theme of violence against children and the urgent need to stop it was apt and timely. Officials said it spoke eloquently to ... Read More »

FG Paying $800 Million To Oil Suppliers To End Crisis

FG Paying $800 Million To Oil Suppliers To End Crisis

Oil suppliers say Nigeria’s outgoing government has agreed to pay $800 million to end a fuel crisis crippling the economy just days before the inauguration of a new president Friday in Africa’s biggest oil producer. Chaos reigned Tuesday at Nigerian airports, where most flights were cancelled due to the shortages. Cars and other vehicles formed queues of more than 2 ... Read More »

Nigeria Loses $2bn Annually To Fake Subsidy Operators- Saraki

Nigeria Loses $2bn Annually To Fake Subsidy Operators- Saraki

Former governor of Kwara State and senator representing Kwara Central, Bukola Saraki, has said that Nigeria was losing a total of $2 billion to fake fuel subsidy operators, insisting that the fuel subsidy management in the country was a very big platform for fraud. Saraki, who regretted that the alleged fraud in the scheme was being allowed to fester by ... Read More »

I Have No Regrets Serving Nigeria Under Jonathan- Okonjo-Iweala

I Have No Regrets Serving Nigeria Under Jonathan- Okonjo-Iweala

Coordinating Minister for the Economy and Minister of Finance, Ngozi Okonjo-Iweala, has declared that it has been very hard managing the Nigerian economy under the current administration. She noted that though it might not be as smooth as expected, the outgoing government made frantic efforts to improve the lives of Nigerians. The minister made these observations in Abuja, Sunday night, ... Read More »

Bulk Of Nigeria’s $63 Billion Debt Incurred By APC States- PDP

Bulk Of Nigeria’s $63 Billion Debt Incurred By APC States- PDP

The Peoples Democratic Party, PDP, has accused Vice President-elect, Yemi Osinbajo, of misrepresenting facts regarding Nigeria’s economy , particularly, the correct status of the country’s debt stock. The PDP said Mr. Osinbajo’s recent claim that the Jonathan administration was leaving behind a $60 billion debt, was a deliberate attempt to discredit the PDP. Mr. Osinbanjo made the claim last week ... Read More »

Okonjo-Iweala: Jonathan Incurred $21bn Of $63bn National Debts

Okonjo-Iweala: Jonathan Incurred $21bn Of $63bn National Debts

Coordinating Minister for the Economy (CME) and Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Saturday put the nation’s total debt stock at $63.7 billion, which encompasses multilateral as well as domestic loans by successive federal and state governments since 1960. She said that of this figure, $21.8 billion was incurred under the outgoing government of President Goodluck Jonathan. Her disclosure ... Read More »

MTN May Shut Down Services As Fuel Scarcity Bites Harder

MTN May Shut Down Services As Fuel Scarcity Bites Harder

MTN Nigeria says it may shut down its services due to scarcity of fuel to power its operations. According to the company, it needs a “significant quantity of diesel in the very near future to prevent a shutdown of services across Nigeria,” it wrote on microblogging site Twitter. “If diesel supplies are not received within the next 24 hours the ... Read More »

Nigeria Would Have Been In Crisis If Jonathan Disputed Elections- Buhari

Nigeria Would Have Been In Crisis If Jonathan Disputed Elections- Buhari

The President-elect, Muhammadu Buhari, has again commended President Goodluck Jonathan for conceding defeat at the March 28 polls. Mr. Buhari, who gave the commendation in Abuja on Thursday when he received Nigerien President Issoufou Mahamadou, said Mr. Jonathan’s action turned around Nigeria’s nervous political process. He said: “The Nigerien president purposely came to congratulate me on my victory and President ... Read More »

Nigeria Loses N5tn Annually To Oil Theft

Nigeria Loses N5tn Annually To Oil Theft

The Chief Executive Officer, Nigerco Nigeria Limited, Yabagi Sani said the country is experiencing an annual operational losses of $25bn (about N5tn) from the oil and gas sector. He said the losses were being incurred through crude oil theft and non-adherence to principles and standards as stipulated in the Weights and Measures Act. Yabagi’s firm is currently implementing the legal ... Read More »

I Made A Choice To Keep The Country Away From Conflict- Jonathan

I Made A Choice To Keep The Country Away From Conflict- Jonathan

President Goodluck Jonathan has again called on the global community and Nigerians to support the incoming government of President-elect Muhammadu Buhari. He spoke at the Presidential Villa while receiving members of the African Ambassadors Group, who were on a farewell and solidarity visit to him. According to President Jonathan, the incoming government will need the cooperation and commitment of the ... Read More »

Nigeria Owes $60 Billion, Says Osinbajo

Nigeria Owes $60 Billion, Says Osinbajo

The Vice President-elect, Yemi Osinbajo, on Wednesday said Nigeria’s local and foreign debts now stand at $60 billion. He stated this in Abuja while declaring open the two-day Policy Dialogue on the implementation of the Agenda for Change organised by the Policy, Research and Strategy Directorate of the APC Presidential Campaign Council. Mr. Osinbajo, who painted a gloomy picture of ... Read More »