The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the total public debts of Nigeria would hit N38trn by December 2021. The Minister stated this on Tuesday, in her presentation to the Senate Committee on Local and Foreign Debts. The Minister said, ”The total public debt stock comprising the External and Homes debts of the Federal and state governments and the Federal Capital Territory stood at N31.01trn (USD85.90 billion) as at June 30, 2020. “It is projected, based on existing approval, to rise to N32.51 trillion by December 31, 2020 and N38.68 trillion by December 31,2021.” She attributed reasons for numerous abandoned road projects across the country to poor funds releases occasioned by dwindling revenue. She explained that the current Sukuk fund is N162bn for...
Gov. Nyesom Wike of Rivers says his administration will replace all the properties allegedly destroyed by members of the proscribed Indigenous Peoples of Biafra (IPOB) during the #EndSARS protest in parts of Rivers. Wike, who made this known on Monday in a statement by his Media Aide, Mr Kelvin Ebiri, expressed regrets that the damage done during the protest left a huge financial burden on the state. Speaking during a live television programme in Port Harcourt, Wike said IPOB members killed six soldiers, four policemen and destroyed all police stations and court buildings there’’, restating that the State government will compensate each family of the killed security personnel with N20 million. The governor also described the allegation that he ordered the Nigerian Army to kill Igbos in Oyi...
Gov. Nasir el-Rufai of Kaduna State on Monday described the killing of policemen by protesters in some parts of the country as evil. El-Rufai, who spoke to newsmen in Kaduna after the meeting of the Northern Governors Forum and traditional rulers as well as other key stakeholders in the region, said that the police must be supported to discharge their duties. He said that the Inspector-General of Police, Mohammed Adamu, had briefed the meeting on the #EndSARS protest and its aftermath. “We support the police, we believe that there may be some bad eggs in the police just as there are bad eggs in any organisation, but it is no excuse to destroy or kill policemen. “We hope to expand the footprints and the effectiveness of the Nigerian police in accordance with their mandate. “We have discusse...
Ebonyi State Governor David Umahi has directed the reduction of the tuition fees being paid by students of Ebonyi State University Abakaliki (EBSU). In a statement signed by the Secretary to the State Government (SGG), Dr Kenneth Ugbala, Umahi directed the reduction of N10,000 from the fees being paid by every non-indigene student of the school while N20,000 was reduced from the fees of the students who are indigenes of the state. The statement said the Governor took the decision because of effects of the COVID-19 pandemic on the economies of every family. He stated that the new fees, which take effect from the 2020/2021 academic year, will be paid anytime from next year. “Ebonyi State Government is aware of the effects of COVID-19 pandemic on the world economies of which Ebonyi State is h...
The ruling All Progressive Congress (APC) in Lagos State says Babajide Sanwo-Olu remains undaunted and could not be distracted from delivering on his social contract with the people. Lagos APC spokesman Seye Oladejo said this while reacting to calls by the opposition Peoples Democratic Party (PDP) to Sanwo-Olu to consider resignation in view of what PDP called “the collapse of good governance in the state, particularly in the last 10 days”. Oladejo said the PDP call is an invitation to anarchy, saying “the call for resignation remains the wish of a frustrated opposition battling its permanent implosion”. The dream of PDP to govern Lagos through the back door after persistent rejection at the polls remains a nightmare. Oladejo said that the fact that the wanton destruction of public propert...
The Peoples Democratic Party, (PDP), Lagos State chapter, has asked Governor Babajide Sanwo-Olu, to resign as he no longer enjoys the confidence of the people. Publicity Secretary of the party in the state, Taofik Gani, on Sunday, said Gov Sanwo-Olu can no longer be trusted in the wake of the Nigerian Army’s disclosure that it was the governor that invited them to quell and disperse the #EndSARS protesters at the Lekki Toll-Gate, where an unspecified number of people were either killed or injured. He said, “The PDP is of the view that it is more expedient for Governor Babajide Sanwo-Olu to step aside now that the Nigerian Army has revealed him as the person who invited the soldiers to go quell the Lekki protests which have led to unfortunate fatalities and grievous injuries. Obviously, Lag...
Minister for Special Duties and Intergovernmental Relations, Senator George Akume, said the Buhari-led Federal Government plans to spend N75 billion on youth development in form of support for communities, skill acquisition and realisation of their potentials within the next three years. Akume, who spoke during a youth rally in Makurdi, said for the year 2020, N12.5billion would be committed to the programme. He explained that the Federal Executive Council (FEC) recently approved the funding and commended Benue youths for conducting themselves peacefully during the EndSARS protests. The former Benue State governor and senator said the Federal Government has approved the dualisation of Keffi-Lafia-Makurdi-Otukpo-9th Mile road; the rehabilitation of Makurdi-Gboko-Katsina Ala road, as well as...
Governor Babajide Sanwo-Olu of Lagos State has lifted the curfew he imposed on the state after the #endsars protest was hijacked by looters and hoodlums. Lagos residents are now free to go about their businesses without any restriction or hindrance. The Senior Special Assistant (SSA) to the Governor on New Media, Jubril Gawat announced this in a statement posted on Twitter on Saturday, October 31, 2020. However, the 12 am to 4 am curfew imposed by the Federal Government to curb the spread of COVID19 remains. The statement reads, “The curfew imposed on Lagos State after the hijack of the peaceful #EndSARS protests has been lifted immediately. The 12 am to 4am curfew imposed by the Federal Government to curb the spread of COVID19 remains. “Lagosians are free to go about their businesses with...