Tag Archives: buhari

President Buhari officially unveils redesign Naira notes

President Muhammadu Buhari has formally  unveiled the newly redesigned naira denominations of ₦‎1000, ₦‎500 and ₦‎200 introduced by the Central Bank of Nigeria (CBN). The newly redesigned naira launch preceded the weekly Federal Executive Council (FEC) held inside the Council Chamber of the Presidential Villa, Abuja. Responding to questions from newsmen after the event on Wednesday CBN Governor, Godwin Emefiele, ...

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No going back on the plan to redesign Naira notes, says Buhari

Amid barrage of criticisms, President Muhammadu Buhari has said there was no going back on the planned redesign of the N1,000, N500, and N200 bank notes. It will be recalled that criticisms have trailed the announcement on October 26 by the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, that the apex bank would redesign the Naira. Speaking ...

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Buhari presents N20.15 trillion budget proposal to NASS

President Muhammadu Buhari has presented the proposal for the 8th and final budget of his administration. The N20.15 trillion Budget was termed a Budget of Fiscal sustainability and transition. Buhari disclosed this on Friday morning while presenting the budget to the National Assembly. Buhari noted that the expenditure policy of the budget is to achieve policies set in the National ...

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Buhari reacts as Samad Rabiu reappointed as France-Nigeria Business Council

President Muhammadu Buhari has congratulated Abdul Samad Rabiu, Chairman of BUA Group, on his reappointment as President of the France-Nigeria Business Council by the President of France, Emmanuel Macron. The President commends Rabiu for his very pivotal role in nudging forward the objectives of the association inaugurated a year ago, and for retaining the trust and confidence of members of ...

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Buhari appoints Anamekwe Chukwunyere as new Accountant-General

The Presidency has approved the appointment of Anamekwe Chukwunyere Nwabuoku as the new Accountant-General of the Federation. The new development follows the recent suspension of Ahmed Idris over allegation of corrupt practices. Nwabuoku’s appointment by President Mohammadu Buhari was confirmed in a letter signed by the Permanent Secretary of Finance, Federal Ministry of Finance, Budget and National Planning, Aliyu Ahmed, ...

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First CBN internet-enabled branch inaugurated by Buhari

President Muhammadu Buhari has inaugurated the first Central Bank of Nigeria (CBN) internet-enabled branch in Lafia Nasarawa State. Speaking about the building when the President broke away from his Nasarawa State visit to commission the building, CBN governor Godwin Emefiele said the new branch “is one of the nine new internet-enabled offices of CBN constructed to ensure central bank has ...

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Buhari calls for balanced trade between EU and Africa

Nigerian President, Mohammadu Buhari  has called for balanced trade between the European Union and Africa According to him, agriculture exports to EU farmers has made African food exports uncompetitive. This was contained  in a statement by the Presidency after the just-concluded EU Africa summit. Buhari warned that Africa and EU must change the way they interact, emphasising that agriculture offers ...

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President Buhari launches e-Naira in Abuja

President Muhammadu Buhari has unveiled the e-Naira. The President launched the country’s digital currency at the Presidential Villa, Abuja. It was gathered that official dignitaries at the event were the Vice President, Yemi Osibanjo; Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele; Attorney General of the Federation, Abubakar Malami; among others. It should be noted that the digital ...

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Buhari to present 2022 appropriation budget on Thursday

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News reaching us now says that President Muhammadu Buhari will on Thursday this week lay the 2022 appropriation budget before the National Assembly. The intimation was made by theDeputy Senate President, Ovie Omo-Agege  during the plenary on Tuesday. Omo-Agege presided over the plenary in the absence of the President of the Senate, Dr. Ahmad Ibrahim Lawan It was learnt that ...

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Buhari says Nigeria losses $26.3 billion annually to maritime

President Muhamamadu Buhari has decried the huge loss of revenue to maritime criminality. According to Buhari, the loss at a whopping $26.3 billion annually had become harmful to the economy and safety of citizens. He added that  the country’s hydrocarbon resources  remain the mainstay of the nation’s economy, noting that it accounts for 55 per cent of the Gross Domestic ...

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