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Change finance ministry to foreign loans and debts , HURIWA tells Buhari
A civil rights advocacy group, Human Rights Writers Association of Nigeria, has urged President Muhammadu Buhari to rename the Federal Ministry of Finance, Budget and National Planning Federal Ministry for Foreign Loans and Debts Accumulation.
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This was made known in a statement titled ‘Rename Finance Minister To Minister Of Foreign Loans Collection:- HURIWA Tells President Buhari’.
It was signed by the group’s National Coordinator, Emmanuel Onwubiko, and Media Affairs Director, Zainab Yusuf.
HURIWA was reacting to the recently approved request by the Senate for the President to borrow N2,343,387,942,848, to part-finance the 2021 federal budget size of N13trn.
HURIWA said, “We honestly think that the President should table before his weak Federal Executive Council the proposal for a change of name of the Federal Ministry of Finance, Budget and National Planning to the Federal Ministry for Foreign Loans and Debts Accumulation.
“This is because Nigerians have come to see that the Minister of Finance Zainab Ahmed does nothing else than inundating Nigerians with the bad news of the constant requests from all kinds of places around the world for external Loans which are actually not been utilised to grow the economy or advance the living conditions of Nigerians but these huge loans are used to service the ballooning costs of running government and paying juicy allowances to Federal government officials.”
The group lampooned the National Assembly led by Senate President, Ahmad Lawan, as well as House of Representatives Speaker, Femi Gbajabiamila, for endorsing the foreign loan requests of the President.
HURIWA also lamented that whereas most nations of the world are concentrating their economic and national planning efforts towards boosting the productivity of their citizens through industralisation and maintenance of public works and social infrastructures, “the federal and state governments in Nigeria are in the bonanza of collecting foreign credit facilities and loans so as to finance the ostentatious political lifestyles of the politicians in the corridors of power.”
“This is the new kind of enslavement which must be resisted. Whereas these government officials collect loans and fritter to find their expensive lifestyles, millions of Nigerians have become impoverished over time.
“In fact, only two years back, Nigeria became the home to over 90 million absolutely poor citizens and the poverty capital of the World even whilst the nation is still very rich in terms of mineral and crude oil resources whose revenues are looted heartlessly by officials,” the statement added.
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I’m alive, Obasanjo reacts to death rumour
I’m alive, Obasanjo reacts to death rumour
Former President, Olusegun Obasanjo, has said he is alive, hale and hearty.
He stated this in reaction to rumours of his death being reportedly spread on some social media platforms.
He spoke in Osogbo, Osun State, during the inauguration of the Old-Garage/Oke-Fia Road reconstructed by Governor Ademola Adeleke.
Obasanjo said those who wanted him dead were spreading the rumour of his death on the social media.
He said, “I heard the rumour that I was dead. I saw it on the social media. I quickly told my children and my relations that it was not true and that I’m alive.
“Those that want me dead, that is their wish, but God still keeps me alive.”
Obasanjo praised Adeleke for his performance in Osun and charged the governor to keep up the work.
Governor Adeleke assured the people of the state that his administration would complete all the ongoing projects.
“My dear people of Osun State, our administration has constructed over 120 kilometres of roads across the state.
“Two major flyovers are also progressing to completion at Osogbo while work is progressing at the Ile Ife Flyover and Ilesa dualisation.”
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Tinubu jets out to France on three-day visit
Tinubu jets out to France on three-day visit
President Bola Tinubu will travel to France today (Wednesday) for a three-day state visit at the instance of the French president.
A statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, confirmed this.
It said, “The Nigerian leader’s three-day visit, which will focus on strengthening political, economic, and cultural relations and establishing more opportunities for partnership, particularly in agriculture, security, education, health, youth engagement and employment, innovation, and energy transition, promises significant benefits for Nigeria.”
Onanuga said Tinubu and Macron would harmonise positions on stimulating more interest in exchange programmes that focus on skill development for youths and improving their competencies in automation, entrepreneurship, innovation, and leadership.
“Both leaders will participate in political and diplomatic meetings highlighting shared values on finance, solid minerals, trade and investments, and communication,” he added.
“They will also witness a session by the France-Nigeria Business Council, which oversees private sector participation in economic development.”
The presidential adviser stated that the Nigerian first lady and her French counterpart would discuss solutions for empowering women, children, and the most vulnerable through the Renewed Hope initiative.
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Yahaya Bello reports to EFCC office with lawyers
Yahaya Bello reports to EFCC office with lawyers
A former Governor of Kogi State, Yahaya Bello, on Tuesday visited the Economic and Financial Crimes Commission (EFCC) to honour another invitation extended to him over alleged misappropriation of funds.
Bello went to the anti-graft office with his lawyers in the morning.
The ex-Kogi governor reportedly drove himself to the EFCC’s office in a black Toyota Hilux van with some lawyers.
He was said to have been taken by some operatives of the agency and are currently being grilled.
This is coming after the Supreme Court judgment which dismissed a suit brought by some state governments challenging the constitutionality of the agency.
The EFCC at the last hearing on November 14, sought the adjournment till November 27 in the fresh case it instituted against Bello.
It stated that the 30-day window was still running for the summons earlier issued.
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