Tag Archives: ?Buhari

Buhari Departs Nigeria For Egypt Tomorrow

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President Muhammadu Buhari will depart Abuja on Friday for Sharm El-Sheikh, Egypt to participate in the Business for Africa, Egypt and the World Forum.

A statement by the president’s spokesman, Femi Adesina, said the forum, which opens in the Egyptian resort town on Saturday, is organized by the Egyptian government under the auspices of the African Union Commission.

“The forum’s objective is to accelerate private sector engagement and investment within Africa and promote the development of African ties and partnerships.

“President Buhari, President Abdel-Fattah El-Sisi of Egypt and the Presidents of Togo, Sudan, Kenya, Gabon, Equatorial Guinea and the Prime Minister of Ethiopia are among confirmed speakers at the forum.

“Other confirmed speakers include the President of the African Development Bank, Dr. Akinwumi Adesina and the President/CEO of Dangote Group, Aliko Dangote.

“The president will be accompanied on the trip by the minister of Foreign Affairs, Mr. Geoffrey Onyeama and the minister of Industry, Trade and Investment, Dr Okechukwu Enelama.

“He will return to Abuja at the conclusion of the forum,” said the statement.

Credit: PremiumTimes

Buhari, Fayose In Verbal War Over Nigerian Economy

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President Muhammadu Buhari and Governor Ayo Fayose of Ekiti state are in a war of words over the state of Nigeria’s economy.

The Ekiti Governor was the first to fire the salvo when he accused Mr. Buhari’s administration of paying out the lowest-ever federally distributed allocations among the three tiers of the government.

The Nigerian government had shared a little over N389 billion for the month of October to the three tiers of government.

Mr. Fayose reacted to the low figure while speaking at the graduation ceremony of College of Education, Ikere-Ekiti, in which he asked Mr. Buhari to come clean to Nigerians on the state of the economy.

Mr. Buhari reacted angrily to Mr. Fayose’s insinuations by warning the governor to stop making unsubstantiated allegations about the nation’s economy.

Mr. Buhari, who spoke through his media aide, Garba Shehu, said Mr. Fayose’s comments were reckless, adding that “the governor didn’t get his facts correct”.

Mr. Shehu also faulted Mr. Fayose’s claims that the N389 billion shared for the month October was the lowest ever in the history of the country, saying the lowest ever allocation to the three ties was issued by the Peoples Democratic Party government of Goodluck Jonathan.

Credit: PremiumTimes