President Muhammadu Buhari has defended his government borrowing. He said on Tuesday the nation needed foreign loans to fund critical projects like roads, rail and power in the country. He also said the loans are needed to shore-up the deficit in the nation’s infrastructure.
Presidential senior special assistant on media and publicity, Garba Shehu made the statement on Tuesday at a meeting with members of the presidential economic advisory council in Abuja.
Many experts and critics have railed against the Buhari administration accusing it of mortgaging Nigeria’s future with the numerous foreign loans. THE president says when the projects funded with these loans are completed, foreign investors will start streaming into the country, attracted by good roads, rail and steady and reliable power.
Lagos PDP Endorses Makinde As South-West Leader
The Lagos State chapter of the Peoples Democratic Party has endorsed Oyo State governor, Seyi Makinde, as the south west leader of the party.
This endorsement was stamped by the Lagos deputy chairperson of the party, Waliu Hassan who says Makinde has worked diligently in the interest of the party.
But Ekiti former governor, Ayo Fayose, has always called governor Makinde a baby politician, not yet ripe for that huge role.
FG Shuts NIMC Headquarters
The federal government has ordered an immediate closure of the headquarters of the national identity management commission in Abuja.
Minister of communications and digital economy, Isa Pantami, who gave the order, also directed the national identity management commission, NIMC, to open 20 locations in the FCT.
NIMC spokesman, Kayode Adegoke, announced 20 centres were reactivated within the FCT to ease the enrolment process.
The federal government also says the deadlines for the registration of all subscriber identification modules with valid national identity numbers were still in force.
Imo, Kaduna Postpone Schools Resumption
Despite the federal government’s directive on school reopening, Imo State government has postponed by one week, resumption of schools in the state because of the second wave of COVID-19 pandemic.
State commissioner for education, Prof. Bernard Ikegwuoha, says the postponement became necessary to curb a further spread of the rising cases in some urban areas of Owerri west and north.
Ikegwuoha says the government has a team of personnel that would ensure strict compliance with COVID-19 protocol when schools reopen in the state.
Elsewhere, in Kaduna State, the government has closed public and private schools till further notice.
Permanent secretary, ministry of education, Phoebe Yayi disclosed in a statement on Monday, that only Kaduna polytechnic and the national open university were exempted because of their examination timetable.
Yayi said no definite date has been set for schools to reopen.