Latest News
Factcheck: World Bank and External Borrowing
Contrary to media reports, the World Bank did not disagree with Finance Minister Kemi Adeosun over the borrowings by the Nigerian Government to stimulate the economy and finance infrastructure projects in the country. According to the World Bank, “On October 11th, during the launch of Africa’s Pulse, the World Bank’s bi-annual analysis of African economies, […]
Press Release: President Buhari Calls For Caution In Implementing ECOWAS Single Currency
President Muhamadu Buhari Tuesday in Niamey, Niger, urged ECOWAS member countries to tread carefully in pushing for a single currency in the sub-region by 2020, drawing attention to the challenges faced by the European Union in realising the same goal. In his speech at the 4th Meeting of the Presidential Task Force on the ECOWAS […]
Press Release: Nigeria And Indonesia To Strengthen Economic Ties
Nigeria and Indonesia will work together to increase the level of economic cooperation between both countries, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo spoke earlier this morning at a bilateral meeting he held with his Indonesian counterpart, Vice President Jusuf Kalla, on the sidelines of the Extractive Industries Transparency Initiative (EITI) Beneficial Ownership […]
Press Release: School Feeding Program Reaches 17 States
Over 4m school pupils now eating one free meal a day. 25,771 schools now benefitting from the programme. Also, N5,000 monthly Conditional Cash Transfer now funded in 16 states for 115,000 Nigerians. Three more states have been added to the National Home Grown School Feeding Programme, with an additional one million children now benefitting from […]
Press Release: President Buhari To Participate In ECOWAS Task Force Meeting On Common Currency In Niamey
President Muhammadu Buhari will Tuesday depart for Niamey, Republic of Niger, to participate in a meeting on common currency for the West African sub-region. Member countries of the ECOWAS Task Force on Common Currency are Nigeria, Cote d’Ivoire, Ghana and Niger. The Minister of Finance, Mrs Kemi Adeosun and the Central Bank of Nigeria governor, […]
Press Release: President Buhari Orders Dismissal Of Abdulrasheed Maina From Service
President Muhammadu Buhari has directed the immediate disengagement from service of Mr Abdullahi Abdulrasheed Maina, former chairman of the Presidential Task Force on Pension Reforms. In a memo to the Head of the Civil Service of the Federation, the President equally demanded a full report of the circumstances of Maina’s recall and posting to the […]
Press Release: Achievements Of The Buhari Administration
The Buhari Administration has recorded concrete achievements which are there for all to see, contrary to the opposition’s statement that the Administration is running on propaganda and lies. President Muhammadu Buhari, represented by the Minister of Information and Culture, Alhaji Lai Mohammed, made the assertion at the opening of the two-day Nigeria Governors’ Forum Conference for […]
Press Release: Vice President Osinbajo Calls For Global Actions Against Illicit Financial Flows
*Says, “Secrecy provides convenient cover for the criminal and the corrupt…’’ “we know that anonymous companies are not always illegal or are not always designed to harm. But we also know that secrecy provides a convenient cover for the criminal and the corrupt. And we are not just operating from the theoretical or hypothetical standpoint.’’ […]
Press Release: Vice President Osinbajo To Attend EITI Conference In Jakarta, Indonesia
Vice President Yemi Osinbajo, SAN, is embarking on a two-day working visit to the Republic of Indonesia, during which he will address the opening plenary of the Extractive Industries Transparency Initiative (EITI) Beneficial Ownership Conference taking place in Jakarta, Indonesia, from Monday 23rd October to Tuesday 24th October, 2017. At the conference, the Vice President […]
Press Release: President Buhari Admonishes African Leaders On Development Agenda
President Muhammadu Buhari has said that African leaders must speak ‘with one voice’, independent of foreign influence, to achieve economic integration, development, peace, and security on the continent. Speaking at a bilateral meeting with President Alpha Conde of Guinea on Friday night in Istanbul, Turkey, President Buhari said leaders should learn from history to effectively […]
Speech: President Buhari At 9th Summit Of The D-8, Istanbul, Turkey
Your Excellency, Recep Tayyip Erdogan, President of the Republic of Turkey, our host, Chairman of D-8 Your Excellencies, Heads of State and Government of the D-8 Organization, Ministers of Foreign Affairs of the D-8 Organization. Ladies and Gentlemen, I bring greetings from the Government and people of Nigeria to you all, particularly to the Government […]
Press Release: President Buhari Urges D-8 To Prioritize Incentives For Trade, Investments Among Member Countries
President Muhammadu Buhari on Friday in Istanbul urged D-8 leaders to prioritize incentives and measures aimed at increasing trade and investments among member countries. Speaking at the ninth summit of the D-8, President Buhari said the private sector and business communities in the economic organization must be assisted with incentives to widen economic cooperation among […]