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Tag Archives: Buhari

BREAKING: Buhari Meets APC, PDP Leaderships

Buhari

President Muhammadu Buhari on Friday met behind closed doors with the leaderships of the All Progressives Congress and the Peoples Democratic Party (PDP) at the Banquet Hall of the Presidential Villa, Abuja. The meeting, which started around 11.10a.m., was still ongoing as of the time of filing this report. It …

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RECESSION: Federal Government orders sale of two presidential jets

FG

The Federal Government has listed two jets in the Presidential fleet for immediate sale. The jets: Falcon 7x and Hawker 4000, were advertised on page 35 of Tuesday’s Thisday Newspapers The adverts showed the performance and specifications of the jets, which indicated that they were still in good condition. Interested …

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Buhari embraces N5b investment from India

Federal Government

President Muhammadu Buhari on Tuesday welcomed the proposed $5 billion investment in Nigeria by visiting Indian business delegation, led by Indian Vice-President Hamid Ansari. According to a statement issued by Garba Shehu, Buhari’s senior special assistant on media and publicity, the president made the remark when he received Ansari at …

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Recession: Investment inflow dwindles by N642bn under Buhari

Buhari

The Nigerian economy recorded a total decline of $2.1bn in investment inflow in the first 12 months of the administration of President Muhammadu Buhari. The $2.1bn, when converted based on the N305.5 per dollar official exchange rate of the Central Bank of Nigeria, translates to about N642bn. Investigations by our …

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FG To Borrow From China, World Bank, Others

Buhari

The FG on Thursday said it had approved an external borrowing plan after the cash-strapped African economy plunged into official recession. “Low cost, long-term loans (1.25% interest, 20yr tenor)” would be sought from the World Bank, African Development Bank, China’s Exim Bank and the Japan International Cooperation Agency, it announced. …

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