Tinubu’s 2024 Budget, Deceitful, Strangulating, Hopeless- PDP

…Has No Mechanism for Economic Recovery, N750/US1 Suffocating The Peoples Democratic Party (PDP) describes the N27.5 trillion budget for 2024 fiscal year as proposed by President Bola Tinubu to the National Assembly as a huge disservice which, if allowed to pass, will further asphyxiate Nigerians and plunge our nation into more economic depression and hopelessness. … [Read more…]

JUST-IN: President Tinubu Arrives NASS, Presents 2024 Budget Proposal

President Bola Tinubu has arrived at the National Assembly (NASS) for the presentation of the 2024 budget estimates of N27.5trn. It’s the President’s first budget presentation before the joint session of the National Assembly since he assumed office on May 29, 2023. The President arrived at the NASS Complex around 11:10am alongside his entourage including … [Read more…]

PRESS RELEASE: LP Raises Concern Over Supreme Court’s Refusal to Provide Party’s CTC of Judgment

1. The Supreme Court issued a hearing notice dated 25th October 2023, notifying the Labour Party (LP) and its candidate in the Presidential Election, Mr Peter Obi, that judgment would be delivered in their appeal to the Supreme Court in Appeal No. SC/CV/937/2023 on Thursday, 26th October, 2023. 2. On the 26th of October, 2023, … [Read more…]

EFCC Alerts Public on ATM Swapping Fraud

The Economic and Financial Crimes Commission, EFCC, has been inundated with barrage of complaints from well-meaning Nigerians concerning unauthorized withdrawals from their bank accounts, which investigations by the Commission have linked to Automated Teller Machine, ATM, Debit Card swapping or fraud. The modus operandi of fraudsters involved in this nefarious practice involves keeping a debit … [Read more…]

FEC approves budget support loan of $1bn from AfDB, revises 2024 budget from N26trn to N27.5trn

Nigeria’s Federal Government has increased the 2024 budget proposal from the initial N26 trillion to N27.500 trillion to meet present economic realities. It also revised the Medium Term Expenditure Framework, MTEF and Fiscal Strategy Papers, FSP, which initially had N700 per dollar as exchange rate to N750 per dollar, while oil benchmark was reviewed from the initial … [Read more…]

Rivers: Court of Appeal Dismisses Tonye Cole’s Petition Against Gov. Fubara

An Appeal Court sitting in Lagos State on Tuesday dismissed the petition filed by the governorship candidate of the All Progressives Congress (APC) in Rivers State, Patrick Tonye-Cole, against Governor Siminalayi Fubara of the Peoples Democratic Party (PDP) and the Independent National Electoral Commission (INEC). The APC candidate, who was present in the courtroom on … [Read more…]

Full Text of Speech Delivered By Sen. Dr. Adolphus Wabara, Ex Nigerian Senate President at the 3rd Frontier Discourse Annual Public Lecture and Awards

Frontier Discourse Annual Public Lecture Series and Awards, Pacesetter Frontier Magazine

A SPEECH DELIVERED BY HIS EXCELLENCY: DISTINGUISHED SENATOR WABARA, ADOLPHUS N., PH.D. AT THE 3RD EDITION OF FRONTIER DISCOURSE, AN ANNUAL PUBLIC LECTURE SERIES AND AWARD. THEME: POST SUBSIDY ECONOMY EXPLORING BOLD INITIATIVES FOR ECONOMIC RECOVERY IN NIGERIA, ON 18TH NOVEMBER, 2023. Your Excellences, Distinguished guests, Ladies and gentlemen, I stand before you today to … [Read more…]