PRESIDENT BUHARI TO NAME NEW CABINET THIS MONTH (JULY)

PRESIDENT BUHARI TO NAME NEW CABINET THIS MONTH (JULY)

President Buhari’s new cabinet and the looming National Assembly strike Welcome to July, which begins the second half of 2019. The seventh month of the year, which is considered by many as the month of perfection; will indeed bring good tidings for Nigerians. Unlike in 2015 where the Buhari led government took almost six (6) months after inauguration to name its cabinet ministers; the Secretary to the Government of the Federation (SGF) Boss Mustapha recently…

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NIGERIAN SENATE INVESTIGATES ETISALAT US$1.2bn DEBT

NIGERIAN SENATE INVESTIGATES ETISALAT US$1.2bn DEBT

Etisalat Nigeria, now referred to as 9 Mobile, took loan from 13 banks amounting to US$1.2bn, but failed to make repayments. The Nigerian senate in a bid to intervene in the debt crisis have directed its Committees on Banking, Communications, Capital Market and National Security to investigate the management and utilization of the loan facility. The motion which was led by Senator Adeola Olamilakan (Lagos West-APC), who hinted that the the seven-year corporate loan was acquired in 2013…

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