Tag Archives: Lifeline

2019: Jonathan’s Loyalists Seek Lifeline For PDP

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Loyalists of former President Goodluck Jonathan are trying very hard to end the crisis in the Peoples Democratic Party (PDP) ahead of the 2019 general elections, it was learnt Saturday.

The loyalists especially former ministers and governors during former administration of Jonathan were said to be visiting different state chapters of the PDP to seek reconciliation among aggrieved PDP members.

It was was gathered that Jonathan’s men were working under the auspices of the Ministers’ Forum (MF), comprising former governors, former ministers and PDP stalwarts.

There were indications that if their mission yielded expected fruits, they would either mount pressure on Jonathan to return for a second term or support the presidential ambition of former Jigawa State Governor, Lamido Sanusi.

The team alongside some former PDP governors was in Bayelsa State for a similar purpose, though they were said to have seized the opportunity to tour some ongoing projects of Governor Seriake Dickson.

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2019: Jonathan’s loyalists seek lifeline for PDP

AfDB Offers $1Billion Lifeline To FG

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The African Development Bank (AfDB) will support Nigeria with a sum of $1 billion to address the country’s N2.2 trillion deficit in the 2016 budget.

The gesture comes amid re-assurance by President Muhammadu Buhari that Nigeria has the wherewithal to surmount its current economic setback.

AfDB President, Akinwunmi Adesina, who was at the State House in Abuja, yesterday, also unfolded other packages the financial institution has for the country.

They include $300 million to create jobs for 185,000 youths; $250 million for North East infrastructure development; $1 million grant, to deal with challenges of Internally Displaced Persons; $300 million for infrastructure development around Abuja; and $200 million for the Transmission Company of Nigeria (TCN).Receiving Adesina, Buhari said: “God has given us people and resources. It will take hard work on our part, but we will make it. We will get out of our problems.”

We are determined to produce what we eat, and stop importation. We will also chase those who stole, and get them to refund.”Adesina appreciated the country’s support when he contested the AfDB presidency, making him the first Nigerian to occupy the position since the bank was established in 1964.

The AfDB boss described recent economic policies in the country as “bold, tough, uncomfortable, but right,” adding that Nigeria would reap the dividends in due course.

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http://guardian.ng/news/afdb-offers-1billion-lifeline-to-federal-government/