The United State Government has warned the Nigerian government that the $321m Abacha loot that the US is planning to repatriate back to Nigeria should not be re-looted.
Following growing queries, the Minister for Aviation, Sen. Hadi Sirika, has explained that the Federal Government grants foreign airlines multiple entry points into Nigeria to decongest passenger traffic at the Murtala Muhammed International Airport, Lagos. The minister, who made this known in an interview with Channels Television on Monday evening, said the government supports local carriers but not at the expense of small business owners.
The Nigerian government says it has chosen the development of infrastructure as an anchor in achieving its economic growth more quickly. The Minister of Works and Housing, Mr BabatundeFashola stated this after the conclusion of a two-day inspection tour of on-going highway projects in Niger State. He said President MuhammaduBuhari was making the economy the front and centre of his administration’s Next Level agenda.
The House of Representatives on Monday threatened to issue warrants of arrest for heads of ministries, departments and agencies for shunning its invitation to public and investigative hearings. The Speaker of the House, Hon. Femi Gbajabiamila; and Chairman of the House Committee on Public Accounts, Wole Oke, issued the threat at an investigative hearing organised by the committee in Abuja on Monday.
Nigeria’s Finance Minister, Zainab Ahmed, says the Federal Government targets to raise N252 billion from the privatization of government assets in 2020. Ahmed disclosed this in an exclusive interview with a source at the UdoUdoma and Belo-Osagie’s Second Private Equity Summit & Fundraising and Deal Academy in Lagos, Nigeria.
The Chairman of the Sokoto State Chapter of Bureau De Change Operators’ Association, Alhaji Aliyu Sahabi Yar’Abba on Wednesday appealed to the federal government to consider reopening the border. Speaking to newsmen in Sokoto on Wednesday, Abba posited that the closure was well thought out, but pointed out that it had taken a toll on commercial and trading activities, noting the effect on the northern parts of the country, especially in the front line states and local government areas.
The Chairman of Taraba State Planning Commission, Mr Buba Mafindi, has said that over 35 million Nigerians are facing imminent starvation due to insecurity and desertification. According to Dailytrust, Mafindi made the observation in Jalingo on Friday during the opening of a one-day Child-Friendly Community Initiative meeting of stakeholders in the state organised by the United Nations Children Education Fund (UNICEF).
The African Development Bank (AfDB) has projected Africa’s economy would grow at 3.9 per cent in 2020. This was contained in its 2020 Africa Economic Outlook launched in Abidjan, Cote d’Ivoire, Thursday. “Africa’s economic growth remained stable in 2019 at 3.4 per cent and is on course to pick up to 3.9 per cent in 2020 and 4.1 per cent in 2021”, the bank said in the report.
President Muhammadu Buhari on Tuesday said no one in government should be afraid of audit if they have not misappropriated government funds. The President made the remark while declaring open the second edition of the conference of Auditors-General in Nigeria. He challenged auditors to adhere to the professional code of conduct guiding their operations while ensuring timely and quality review of financial performance of public officers.