Politics

Politics

Nigeria to exceed debt limit in 2023 as FG seeks N11 Billion in new loans

Nigeria to exceed debt limit in 2023 as FG seeks N11 Billion in new loans

The Nigeria Minister of Finance and National Planning, Zainab Ahmed has said that the federal government will borrow more than N11 trillion and sell domestic assets to finance the budget deficit in 2023. She also said that the government’s budget deficit is expected to exceed N12.42 trillion if it maintains the oil subsidy throughout the 2023 fiscal cycle. Ms. Ahmed revealed this on Monday while appearing before the House Finance Committee to defend the 2023-2025 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). Explaining two budget deficit scenarios to the committee, the minister said the first option involves withholding…
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2023: Charly Boy warns youths on plans to scuttle their dreams of a new Nigeria

Entertainer and activist, Charles Oputa known as Charly Boy has called the attention of Nigerian youths to alleged plans to scuttle their movement for a new Nigeria. In a tweet on Sunday, the music legend said the enemies of the youths are planning terrible things ahead of the 2023 general elections. A cross-section of Nigerian youths had kicked off a movement for the actualization of a new Nigeria ahead of the forthcoming presidential election. In a post on his Twitter handle, Charly Boy who recently told the former president, Olusegun Obasanjo that he is the president of frustrated Nigerian youths,…
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ASUU Strike: PFN explains why Buhari govt should pay lecturers

The Pentecostal Fellowship of Nigeria, PFN, has urged President Muhammadu Buhari-led administration to resolve the lingering strike by the Academic Staff Union of Universities, ASUU. PFN said the Federal Government should pay striking lecturers because the industrial action is avoidable. Cosmas Ilechukwu, PFN National Secretary, made the appeal in Lagos while addressing journalists. Ilechukwu said the government should prioritize the education of Nigerians, stressing that it’s the first line of responsibility. “Government should take it as its first line of responsibility to pay the salaries of university lecturers and workers. ASUU strike is unnecessary and avoidable. “We encourage our government…
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Ohafia Youth Makes strong case of credibility for Hon Ebin Kalu Orji

Ohafia Youth Makes strong case of credibility for Hon Ebin Kalu Orji

I love your vibe, no one will remove you from the group, you only call for clarification gone are the days you will hear that it is seven then you will just pocket it without confirmation. It's no more business as usual, it's Youths o'clock our collective interest not individual interest as usual. We are to scrutinize all the Aspirants, we're leaving no stone unturned, is no longer party affairs rather individual, if we find you worthy of the position you are aspiring for we give you our full support. As for me I have scrutinized all the Aspirants of…
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Group Urges People Of Abia North To Deliver Mao Ohuabunwa For Senate Seat

Group Urges People Of Abia North To Deliver Mao Ohuabunwa For Senate Seat

The seat of Abia North Senatorial district must be not down graded or denigrated by failures of leadership, cheap political horse trading and other sorts of selfish tendencies by the serving Senator whom the people gave the mandate to hold on their behalf . The said Senatorial seat deserves the full respect and coordination of the one who is elected to serve under it. It is not a personal Upholstry in one 's parlour rather an individual is elected to hold the mantle on behalf of the good people of Abia North . That is why in law , there…
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