Despite his decisive tone, Buhari will struggle to organize financial resources to stabilize the economy and recover political allies. Nigeria is deeply dependent on energy exports, and should oil prices remain low in 2017, revenue will continue to be constrained and economic growth muted. Even if prices rise, production will still be volatile in the energy-rich Niger Delta because of continued militancy and uncertain political relations between the region and the government in Abuja
Browsing: Alhaji Mohammadu Buhari
The President, who was represented by Chief Audu Ogbeh, the Minister of Agriculture and Rural Development, called for an immediate stop to the action by Nigerians, saying it was unfair to European countries
According to Buhari, the Federal Government is determined to overcome the mountain of economic difficulties and return the nation to the path of prosperity
Eighteen months down the line, many Nigerians are openly asking whether the 73-year-old president has what it takes to lead Africa’s most populous state, given the enormous challenges that the country faces
Last month, the N-Power scheme kicked off with the selection of the first batch of 200,000 unemployed graduates, many of whom are now being deployed in the 36 states and the Federal Capital Territory
The naira took a great fall. Again, an expected economic recession hit the country harder than was envisaged. Insurrection blossomed in the south and the only comfort and solace we should have found as a people was shattered by the magnitude of perfidy that took place under the administrations past Which failed to protect the country from foreseeable consequences
A statement issued in Abuja on Wednesday by the President’s Special Adviser on Media and Publicity, Femi Adesina, described the demise of the youth corps members as “shocking, sad and unfortunate”
Speaking at a meeting with a group of Nigerians in the Diaspora on the margins of the 3rd Dakar International Forum on Peace and Security in Africa on Tuesday in Dakar, the President said his administration is on the right track to improve the image of the country by entrenching accountability and probity in governance.
A highly placed Presidency official confirmed the budget details to InsideBusiness on Tuesday in Abuja, adding that the government pegged the exchange rate at N305 to a dollar
He said: “When I was invited to the G-7 meeting after my inauguration on May 29, 2015, I thought I was going to be an observer at the meeting, but without prompting, I was asked to brief the leaders on the security situation in Nigeria and I did
Receiving the Letter of Credence of the Ambassador of the Republic of South Sudan, Paul Malong Akaro, at the State House, President Buhari said delay in implementing the peace accord had affected the development of the country in spite of the lofty potentials for growth
In a letter he personally signed, President Buhari said he was delighted to welcome Abubakar “to the 70s club” and prayed that Allah would grant him “many more years of good health and service to Nigeria”
Obasanjo, who delivered the first annual lecture of Akintola Williams Foundation in Lagos, reminded President Buhari that he was voted into office to clear the mess
He noted that the current problem rocking APC was similar to the internal problems that destabilised the People’s Democratic Party before the 2015 general elections and urged APC top leaders not to keep mute
He said the ordinary Nigerians are the backbone of Buhari’s mandate and the only reason he ran for the office is to protect them against the rapacious merchants of corruption, who have held Nigeria back for decades
The summit, which will be attended by Heads of State and Government from Gulf and African countries, is expected to endorse the Malabo Declaration and Action Working Plan for 2017-2019 to promote trade and economic ties
Others were: Telecommunications and Postal Offences Amendment Act, 2016; The National Agricultural Land Development Authority Amendment Act 2016; and The Produce Enforcement of Export Standards Amendment Act 2016
“However, we have to be careful; the problem is not loan but its management because, in the past, loans were collected for projects and the projects never saw the light of the day
The President praised the sacrifice and commitment of the veterans, fallen heroes and their families and promised to do everything possible to address their challenges and uplift their living standards
Acknowledging the valued cooperation between Nigeria and Kenya in the fight against terrorism, the President commended the East African country for the recent successes recorded in tackling terrorism in the region