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Oshiomhole Attributes Current Hardship to Buhari’s Policies

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Senator Adams Oshiomhole, representing Edo North, has criticized the “reckless policies” of former President Muhammadu Buhari, attributing the current hardships faced by Nigerians to the long-term consequences of those policies. Speaking on Channels Television, Oshiomhole expressed his earlier dissent against measures he believed dehumanized an already suffering population.

Highlighting his loyalty to Nigeria, Oshiomhole emphasized that he, along with other governors, opposed these policies. He clarified that the difficulties witnessed under the current administration are a result of the earlier administration’s decisions.

Regarding President Bola Tinubu, Oshiomhole absolved him of responsibility for the previous government’s actions, stating that Tinubu cannot be held accountable for decisions made right or wrong during that period. He noted that Tinubu, like himself, had distanced from policies that did not align with the promises made by the then-president.

Additionally, former Governor of the Central Bank of Nigeria, Lamido Sanusi, echoed similar sentiments, asserting that blaming Tinubu for the present economic challenges is unjust. Sanusi emphasized that the country is grappling with a failing economy due to mismanaged economic policies over the past eight years. He acknowledged the high debt levels, with the Central Bank of Nigeria owing over N30 trillion, leading to debt service exceeding 100 per cent.

Sanusi defended Tinubu, stating that in the current economic situation, the blame cannot be placed on him. While acknowledging that Tinubu is not without faults, Sanusi pledged to speak out if he observes any wrong economic policies from the Tinubu administration in the future.

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Reps Approve ₦54.99tn 2025 Budget

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By Ifeoluwa Odunayo

The House of Representatives has approved Nigeria’s ₦54.99 trillion 2025 budget, marking a pivotal step in addressing economic challenges and public services.

The revised budget, up from the initial ₦49.7 trillion proposal, includes ₦3.645 trillion for statutory transfers, ₦14.317 trillion for debt servicing, ₦13.64 trillion for recurrent expenses, and ₦23.963 trillion for capital projects.

Lawmakers expect the increased spending to stimulate economic recovery, stabilize key sectors, and reduce borrowing reliance.

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Nigeria Moves to Repatriate 400,000 Refugees from Chad, Niger, Cameroon

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By Nike Lawal 

The Nigerian federal government has revealed that over 400,000 Nigerian refugees remain in Chad, Niger, and Cameroon, with efforts underway to facilitate their safe return.

Speaking at a Technical Working Group meeting in Abuja, Tijani Ahmed, Federal Commissioner of NCFRMI, stressed the need to assess past repatriation efforts and strengthen partnerships for a smoother process.

A tripartite agreement between Nigeria, Chad, and UNHCR has already enabled the return of 3,000 refugees, with more repatriations planned, especially from Cameroon.

UNHCR Deputy Representative Bernadette Muteshi reaffirmed the agency’s commitment to supporting Nigeria’s leadership in ensuring a safe and sustainable return for displaced citizens.

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FG Orders Strict Compliance with Treasury Single Account Policy

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By Adenike Lawal

The federal government has directed Federal Pay Officers (FPOs) nationwide to enforce strict adherence to the Treasury Single Account (TSA) policy by all Ministries, Departments, and Agencies (MDAs) at the state level.

During a visit to the Federal Pay Office in Benin, Accountant General of the Federation (AGF), Dr. Oluwatoyin Madein, warned that MDAs must not bypass TSA rules or maintain unauthorized accounts with commercial banks. Any exceptions require presidential approval through the AGF.

She urged FPOs to uphold transparency, professionalism, and ethical standards in managing federal funds, adding that routine inspections will ensure compliance.

Dr. Madein also acknowledged operational challenges and announced plans to build new office structures to improve working conditions for FPO staff.

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