The Federal Government has said that N2.45trn will be used to service debt within the 2020 budget. President Muhammadu Buhari revealed this on Tuesday when he presented the 2020 budget proposal at the joint session of the National Assembly. Buhari noted that out of the N2.45trn local debts would take about N296bn. He stressed that Nigeria remains committed to meeting its debt service obligations. “Accordingly, we provided the sum of N2.45 trillion for debt service. Of this amount, 71 percent is to service domestic debt which accounts for about 68 percent of the total debt. “The sum of N296 billion is provided for the Sinking Fund to retire maturing bonds issued to local contractors. “According to the President, overhead cost will be N426.6bn,” he said.
Two Local Government Areas of Gubio and Magumeri in Northern Borno Senatorial District are currently under the control of Boko Haram when the insurgents in their large number launched a coordinated attack on the communities beginning from Wednesday evening through Thursday morning without confrontation. Both Gubio and Magumeri have no military presence as troops were withdrawn recently for routine operational changes as enshrined in the Rules of Engagement. Our Correspondent gathered that hundreds of thousands of residents have been displaced while others are under the captivity of insurgents, especially those who chose not to flee the attacks. In Gubio, the insurgents on Wednesday evening invaded the Council Headquarters shooting sporadically, posing fear that s...
President Muhammadu Buhari on Sunday condemned the dastardly attack on a funeral procession in Borno, which caused the deaths of over 60 mourners. Malam Garba Shehu, the President’s spokesman, in a statement in Abuja, said the President had received assurances from the armed forces that the terrorists who committed the killings would pay a “big price” for their action.. “The Federal Government is firmly and resolutely committed to taking necessary measures to safeguard the nation’s security. ”This administration is determined to end the menace of terrorism,” Shehu quoted President Buhari as saying. According to the president, already a major exercise has begun to hunt the attackers with air patrols by the nation’s Air Force and ground operations by the army.
Governor Babagana Zulum of Borno State has identified poverty and unemployment as major causes of Boko Haram insurgency in the state. Zulum stated this during the inauguration of a micro-credit and cash disbursement facility to petty and perishable goods traders at Custom Market, Maiduguri, on Saturday. He said that poverty and unemployment were the main causes of the insurgency and security challenges facing the state. “There is nexus between security and economy; you can not have security without economic improvement. “I promised to address the nagging problem of unemployment among youths and women. I will also work for the improvement of social and economic condition of the people to achieve security, peace and stability in the state,” he said. The governor sai
The Senior Special Assistant to President Muhammadu Buhari on Media and Publicity, Garba Shehu, has reacted to a viral video showing a female aid worker and five male colleagues, kidnapped by suspected Boko Haram fighters. Shehu, in a series of tweets on Thursday night, disclosed that the victims’ abductors were being engaged. “The Presidency has been briefed by the responsible government agency about the disturbing video showing our citizens, the humanitarian aid workers held captive. “Beside these aid workers, there are some others about whom this engagement is about-Leah Sharibu, a religious leader and all the others. “Presidency has been given assurances that contact is being made and the captors are being talked to,” he wrote. According to an aid group, Actio
The Vice President Of Nigeria, Prof. Yemi Osinbajo has rubbished the perception in some quarters that President Muhammadu Buhari was protecting killer herdsmen and Boko Haram members. Osinbajo said the narrative that the “president was protecting killer herdsmen and Boko Haram members was a desperate ploy to promote ethnic and religious suspicion”. He spoke at an event to mark the 80th birthday of former Governor of Ogun State, Chief Olusegun Osoba in Lagos, on Monday, NAN reports. The Vice President said Boko Haram terrorists once made an attempt on the president’s life, and the incident, which occurred during one of his campaign visits, had betrayed the fact that the claims that he was protecting them were just to cause disunity. He said the government was committed
Dear Kadaria, I just watched a video clip of your #March4Zamfara. First, I must commend you for calling attention to the deteriorating security situation in Zamfara state. What is happening in that state and most states in Nigeria proves that our country is currently being led by a President and Commander-In-Chief whose rank as a General in the Army ought to be investigated. Our silence over it is nothing short of a moral tragedy. But there is a part I don’t understand in that video clip of yours. And that is the part where, while being interviewed, you described the Zamfara State governor, Abdulaziz Yari as “The most useless governor in the history of Nigeria” (your exact word) for failing to curtail kidnapping and banditry in the state. Forgive my ignorance, dear
Some soldiers fighting Boko Haram have lambasted President Muhammadu Buhari and the Chief of Army Staff, Lt. Gen. Tukur Buratai. One of the anonymous soldiers, in a video recording he captured, stated that scores of his colleagues were killed by the terrorists recently. In the footage, which emerged online on Monday and believed to have been captured in a part of Borno State, some soldiers were seen at the background while the voice behind the camera walked round an area. Damaged weapons, vehicles, tyres, tanks among others were visible in the video. Speaking, the soldier, who accused President Buhari of not doing his job, alleged that Buratai and the Nigerian Army Generals were corrupt. He said: “These people (Boko Haram) are killing us. Nigerian Army…no weapon, no
CNN’s anchor, Isha Isatu Sesay, has faulted President Muhammadu Buhari’s statement on missing Dapchi School girls. Buhari in a statement on Friday confirming the abduction of the girls described the situation as a national disaster while assuring parents of safety of their wards. Reacting, Sesay via her tweets said the case of the missing girls was not a national disaster but a national disgrace. Her tweets read; Nigeria‘s President#Buhari calls abduction of#DapchiGirls “a national disaster. “That’s an understatement – it’s a national disgrace. More girls taken – again?? Yobe, ChibokGirls. “I want to live in a world where the lives of the #DapchiGirls are held to be just as important as those of kids in other places. “A world where everyone is talking about schoolgirls be
More reaction trail over the Dapchi school missing girls in Yobe State Nigeria. It was reported that the Nigerian Government is unhappy and sad on how the Parents of the missing girls reacted over the matter. The Government spokes man Lai Mohamme on his recent address want Journalists to keep cam while they investigate on what really transpired during the attack on the school before convening information to the public. Meanwhile, Stephenie Hegarty is a BBC reporter in Nigeria on this Dapchi missing school girls. She Twitted that one of the parents of this missing girls called her to express fear over the threat of arrest from the government. Below is her twit: https://twitter.com/stephhegarty/status/967025071465394176