Connect with us

News

Buhari To Spend $29.96n Loan On East-West Road, Others -Senate

Published

on

The Senate has disclosed that President Muhammadu Buhari would expend the request for external loan of $29.96billion on the execution of five legacy Infrastructural projects across the country, just as it said that Nigeria cannot stop borrowing.
Speaking with Journalists in Abuja, at the weekend, Chairman, Senate Committee on Finance, Senator Solomon Olamilekan Adeola (APC, Lagos West), who disclosed that Buhari’s administration has five legacy projects which it planned to spend the money on, however, identified the projects as the Second Niger Bridge, the East-West Road, the Lagos-Ibadan expressway, the Mambila Power project, and the Kaduna-Abuja Highway.
Adeola, who noted that the loan will not have untold hardship on the people, said that if the need arises, the Senate would organise a public hearing where Nigerians in all strata of the society would come up with suggestions before the final approval by the lawmakers, adding that at the end of the day, the Senate would monitor the utilization of the loan.
The senator also vowed that the Senate would monitor the over 300 revenue generating agencies, with a view to ensuring that revenues that should get to the government coffers get there and used for the overall interest of the country.
He has also threatened that the Senate would probe claims about the Volume of Imported Fuel and those who have cheated Nigerians should be prepared to face the full wrath of the law as they would be prosecuted, adding that the Senate would block all the leakages in the Nigerian National Petroleum Corporation (NNPC).
It would be recalled that President Muhammadu Buhari, had on November 28, written to the Senate, again requesting for the approval of 2016-2018 External Borrowing to the tune of $30billion to be spent by the Federal Government to execute key Infrastructural projects across the country.
The letter, which was dated November 26, 2019, was read on the floor of the Red Chamber by the President of the Senate, Dr Ahmad Lawan, during plenary.
In the letter, President Buhari explained that it became imperative to represent the request because the Eighth National Assembly approved only a part of the External Borrowing request forwarded to it in September, 2016.
Adeola said, “The approval of the loan would afford the government, an opportunity to achieve the completion of the projects before the end of the Buhari’s administration.
“The borrowing plan would assist the government to fulfill its promise to Nigerians.
“The plan is not only for one or two years, it is for the next four years. So, the loan would be taken in tranche.
“For instance, what the government desire to borrow in 2020, would be requested in 2020. That is why it is called a plan. The Senate will monitor its utilization as soon as they are coming in.
“The Federal Government is not asking the National Assembly to approve for it, the sum of $29.96billion loan. This is because in the last Senate, about $6billion have been approved for President Muhammadu Buhari to borrow out of the $29.96billion.
“It is the balance of that figure that the government is asking us to approve for it in the borrowing plan, which is about $22.6billion. The Senate Committee on Finance will organise a public he aring on the issue if need be. In the alternative, we would engage the various agencies of the government to give them a clearer view of how the money would be utilized.

Continue Reading

News

PDP Kicks As APC Wins FCT Council Polls

Published

on

The Peoples Democratic Party (PDP) has inaugurated a special legal team to handle election petitions arising from last Saturday’s Area Council elections in the Federal Capital Territory.

This comes as the All Progressives Congress (APC) won in Abaji, Kwali, AMAC, and Bwari Area Councils, while the PDP secured victory only in Gwagwalada.

The Tide reports that the council elections were held on Saturday, February 21, 2026, across all six FCT area councils, including Abaji, AMAC, Bwari, Gwagwalada, Kuje, and Kwali.

Results announced so far by the Independent National Electoral Commission (INEC) show that the All Progressives Congress (APC) won in Abaji, Kwali, AMAC, and Bwari Area Councils, while the PDP secured victory only in Gwagwalada.

In a statement issued yesterday by PDP’s National Publicity Secretary, Ini Ememobong, the party congratulated its candidates, who emerged winners in the chairmanship and councilor elections.

The opposition party acknowledged the victories, noting that the number of wins was lower than expected but significant given the alleged irregularities during the polls.

“We specifically congratulate the Chairman-elect of Gwagwalada Area Council, Mohammed Kasim, and the councillors who have been declared successful by the Independent National Electoral Commission (INEC).

“This victory, though less in number than we anticipated, is particularly gladdening because it is against the background of unprecedented intimidation, high-powered money politics, and brazen executive brigandage,” the statement read.

Ememobong claimed that there are reports and video evidence indicating voter intimidation and unlawful conduct that influenced the outcome of the elections.

“Reports and video evidence abound where armed security personnel were used to cart away result sheets in polling units, intimidate voters, and unduly influence the outcome of the elections.”

To address complaints and litigations arising from the polls, he said the party has set up a legal team headed by its National Legal Adviser, Shafi Bara’u, Esq.

The statement urged candidates with legitimate grievances to contact the Legal Adviser promptly, as delays could jeopardise their chances in election petition cases.

“The incredible voter apathy in these polls is a direct response to the anti-people Electoral Act 2026, where the people have completely lost faith in the electoral outcomes from elections conducted under this Act.

“These Local Council polls may just be a foreshadowing of the forthcoming general elections in 2027 if changes are not urgently made,” the statement added.

The PDP called on the National Assembly and the President to take corrective action to safeguard the integrity of Nigeria’s democracy.

 

Continue Reading

News

S’Court Gets New Justice As CJN Swears In Oyewole, Wednesday

Published

on

The Chief Justice of Nigeria, Kudirat Kekere-Ekun, will on Wednesday swear in Justice Joseph Oyewole as a Justice of the Supreme Court of Nigeria.

The ceremony is scheduled to be held at 2pm at Courtroom Two of the Supreme Court complex in Abuja.

The court urged guests to adhere strictly to the court’s protocols and security measures.

This was contained in a statement issued yesterday by the Supreme Court’s Director of Information and Public Relations, Dr Festus Akande.

The court described Oyewole’s appointment as a step towards reinforcing the capacity of the apex court to deliver fair and timely judgments.

Recall that Oyewole was, until his elevation, a Justice of the Court of Appeal and Presiding Justice of the Enugu Division, and joins the apex court bench as part of ongoing efforts to strengthen the judiciary.

The National Judicial Council recommended Oyewole for the position alongside 35 others for various judicial offices, following its 110th meeting held on January 13, 2026, and presided over by Justice Kekere-Ekun.

The statement partly read, “The Chief Justice of Nigeria, Hon. Justice Kudirat Kekere-Ekun, GCON, will on Wednesday, 25th February, 2026, preside over the swearing-in ceremony of the newly appointed Justice of the Supreme Court, Hon. Justice Joseph Olubunmi Kayode Oyewole, JCA.”

According to the statement, Oyewole served with distinction at the Court of Appeal and as Presiding Justice of the Enugu Division prior to his elevation.

“His appointment underscores the commitment of the Nigerian judiciary to upholding the rule of law, ensuring justice, and strengthening the bench with experienced and dedicated jurists. He brings a wealth of legal expertise and integrity to the apex court to further enhance its capacity to deliver fair and timely judgments,” the statement added.

The apex court further described the swearing-in as “another significant step in rejuvenating the judiciary and ensuring the continued delivery of justice in line with the highest standards of integrity, competence, and impartiality.”

The Supreme Court reiterated its commitment to justice, fairness and judicial independence for the benefit of Nigerians.

Continue Reading

News

Fubara Mourns Senator Mpigi

Published

on

Rivers State Governor, Sir Siminalayi Fubara, has expressed deep shock and sadness over the sudden passage of  Senator Barinada Mpigi, the Senator representing  South East Senatorial District of Rivers State.

In a tribute to mourn the deceased, Governor Fubara described Mpigi as a brother, a consummate politician and one of the leading lights in Rivers State.

He said that Mpigi died at a critical time when his services were still needed by the people of Rivers  State and prayed God Almighty to grant him eternal rest.

The governor  commiserated with his immediate family,  the Rivers South East Senatorial District and the Senate at large, asking them to take solace in the fact that the deceased lived a good life and impacted positively on the people.

Senator Mpigi died  at the age of 64. Until his death, he was the Chairman of the Senate Committee on Works.

Continue Reading

Trending