250 Reps want Dogara to step down, says Jibrin
A former Chairman of the House of Representatives Committee on Appropriation, Mr. Abdulmumin Jibrin, says at least 250 out of the 360 members of the House have signed a petition calling for the probe and removal of the Speaker, Yakubu Dogara.
He added that the Department of State Services had beefed up security around him due to threats he had been receiving.
Jibrin said this on Thursday during a programme on Africa Independent Television, titled, ‘Focus Nigeria. The lawmaker claimed that some of his colleagues even demanded that they marched down to the secretariat of the appropriations committee, but he told them that it was not yet time to do so.
Jibrin said part of the demands of the lawmakers was that Dogara should immediately reconvene the House, which is on holiday, and then step down and allow a thorough probe of the lower chamber of the National Assembly.
He, also, said Dogara had become jittery and had refused to give in to their demands.
He said the intention of Dogara was to ensure that the House remained on recess until September when the tension would have been doused. Punch
Group blames divisions in N-Delta on Buhari’s actions
Niger Delta Coalition for Peace and Equity, NDCPE, yesterday, said that President Muhammadu Buhari has turned the Niger Delta region into a hotbed of intrigues with his dealings since he came to power over a year ago.
The group in a statement by its president, Gabriel Mamuzo, said: “Despite Buhari’s promise to continue with the amnesty programme for the Niger Delta ex-militants and his purposeful pursuit of a clean-up exercise in Ogoni land, the restive Niger Delta region has refused to be assuaged. “One puzzling move by the President a while ago was the dramatic dissolution the board of Niger Delta Development Commission, NDDC, two years into its four-year constitutional tenure. This dissolution saw the exit of Bassey Dan Abia, former Managing Director and Mr. Tuoyo Omatsuli, Executive Director Projects amongst others. Vanguard
We’re not scared of Nigeria’s warplanes, Avengers tells military
Niger Delta Avengers (NDA) yesterday said the group was not scared by government’s warplanes and accused the military of killing innocent women and children in Lagos and Ogun States.
The group, in a statement by its spokesman, Brig. Gen. Mudoch Agbinibo ridiculed the military, which it said showed video of how soldiers carried out the bombardment, but failed to show a single militant killed by its ‘fourth-generation’ warplanes.
“They cannot intimidate the NDA with those inferior jet bombers. They can continue to deploy fourth generation jet-bombers, these cannot stop us from fighting for our people,” it said. Guardian
As more Nigerians complain of hardship, Nigerian govt blames past leaders
The Nigerian government has blamed past administrations for the current economic crisis that has left many families struggling to feed and to survive.
The Minister of Information, Lai Mohammed, said on Thursday that Nigerians are suffering today because past governments did not properly manage the country’s oil wealth.
Mr. Mohammed spoke at the 2016 edition of the All Nigeria Editors Conference in Port Harcourt. He urged the media to trace the story of hardship to its beginning.
“Nigeria has nothing to rely on to cushion the effects of the lost earnings. Many other oil producing countries and fellow OPEC members are faring better, because they saved for the rainy day. Saudi Arabia, with about one fifth of Nigeria’s population, has in foreign reserves about 600 billion dollars (which is 23 times what Nigeria has in foreign reserves),” he said. Premium Times
Business News
Naira hits 400/dollar as banks sell forex to BDCs
The naira plunged to 400 against the dollar at the parallel market on Thursday as shortage of foreign exchange continued to have negative effects on economic activities in the country.
The local currency had closed at 390 against the greenback on Wednesday.
The shortage of forex at the interbank and the black market has continued to weigh on the value of the naira. Punch
Ghana plans up to $1 bln in Eurobonds by next week – sources
Ghana plans to sell Eurobonds of up to $1 billion by next week to fund the government’s 2016 budget and refinance debt repayments due next year, government sources told Reuters on Monday.
The West African country is expected to launch the bond, it’s fifth since a 2007 debut, after meetings with investors in London and New York this week, three sources, including one at the central bank and another in the Finance Ministry, said.
“The (Finance) Minister and the Central Bank governor are already in London as part of the roadshow and there could be a deal … this week or next week, depending on market conditions,” one of the sources said. Guardian
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