PT Report: Buhari halts fresh plan to deduct $418m consultants’ fees from Federation Account 

President Muhammadu Buhari has rejected fresh plans to deduct $418 million from the federation account to settle consultants over controversial Paris Club debt. According to a report, Buhari directed the Minister of Finance, Zainab Ahmed, to suspend plans to begin the deductions during the Federal Executive Council (FEC) meeting of August 3, where the matter was extensively discussed.  Recall that last week, the 36 State governors raised the alarm over a purported attempt to commence the deduction of $418 million from Federation Account. In September 2021, the President suspended the…

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Nigeria’s Economic Crisis: Govs. advise FG to pay-off civil servants above 50 yrs

Nigerian State Governors have advised the Federal Government to offer federal civil servants who are older than 50 years a one-off retirement package to exit the service, as part of coordinated efforts to instill fiscal discipline and prevent the nation from imminent economic collapse. It was gathered from sources that the governors made the proposal at a meeting with President Muhammadu Buhari in July. The proposal also urged the FG to begin implementation of the updated Stephen Oronsaye Report, which suggested merger and shutdown of agencies and parastatals with duplicated…

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$418m Paris Club Refund: ‘AGF Malami working against public interest, colluding with consultants’ – Governors allege

The 36 State governors, under the aegis of the Nigeria Governors’ Forum (NGF), have raised an alarm over a purported attempt to deduct $418 million from the Federation Account to settle the controversial Paris Club debt to private consultants. The consultants are claiming a percentage of Paris Club refunds as payment for services they said they rendered to the States and local governments.  The governors alleged that a special relationship exists between the Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami and the private consultants above Nigeria’s…

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Local Govt. Spendings: 36 Govs. lose suit against financial autonomy for local governments

The Federal High Court sitting in Abuja, yesterday, dismissed a suit that State governors of the 36 States of the Federation filed to query the constitutionality of regulations the Nigerian Financial Intelligence Unit, (NFIU), issued to guarantee financial autonomy for local governments. The court, in a judgment that was delivered by Justice Inyang Ekwo, held that the suit lacked merit. It held that the regulations, which came to effect on June 1, 2019, were aimed to ensure that funds meant for local governments are paid directly to them, rather than…

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Constitution Review: Governors may lose immunity for criminal offences

…Sexual harassment, disobedience to court now impeachable offenses The much-awaited amendment of the 1999 Constitution is winding down this week and major inclusions have been reportedly made into the new rule book. The news went round on Monday that the recommendations so far made by experts guiding the federal lawmakers in the assignment are listed for ratification this weekend. A 2-day arrangement has been made for the experts and the federal lawmakers to have a final look at the recommendations before the final consideration. A major recommendation by the experts…

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Sultan, Fayemi, other State Govs. converge in Abuja for Unity Summit

A national socio-political group, the National Prosperity Movement, (NPM), is organising a National Unity Summit in Abuja, aimed at providing a platform for illustrious Nigerians from all walks of life and representing diverse interests and groups to have a meaningful conversation. According to the organisers, the Summit, with the theme: ‘Peace, unity, equity and nation-building’, will also provide new perspectives to the issues of equity, inclusion and economic prosperity for Nigerians and in the end, stimulate the process of national healing, understanding and progress. “We believe that we can have…

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Governors accuse AGF Malami of misleading President Buhari on Paris Club funds

The Nigeria Governors’ Forum, (NGF), has criticised the Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami, for allegedly misleading President Muhammadu Buhari in the case of the $418 million Paris Fund deductions being claimed by a group of consultants. The Governors’ position was re-echoed yesterday by Chairman of Forum, Governor Kayode Fayemi of Ekiti State, while speaking during a television programme. According to hin, it is difficult for any rational mind to justify the haste and illogic upon which the AGFs utterances and actions are based on…

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Parties direct primary: Governors angry over uncertainty to produce successors, win senatorial tickets

There are strong indications that many governors are angry that the direct mode of primaries passed by the National Assembly may deny them the opportunity of producing their successors or winning senatorial tickets after their tenure, These, it was gathered, were some of the reasons why they opposed the adoption of a direct mode of primaries in the amended electoral act. One of the governors of the All Progressives Congress, who was at the tripartite meeting held at the State House with the Vice-President, Yemi Osinbajo and members of the…

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2023 presidency: “Governors have turned Nigeria into Turn-by-Turn Plc” – TUC 

A former president of the Trade Union Congress (TUC), Peter Esele, has urged State  Governors to concentrate more on the best Nigerian to contest and emerge as the President of the country rather than the zone or region that the candidate comes from. Esele, who aired his opinion in an interview with newsmen in Benin, the Edo State capital, on Wednesday, was speaking on the recent agitations by State governors and other politicians over the zoning of the president of the country. Esele said that the actions and concerns of…

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Interior Minister urges govs to sign death warrant of 3,008 condemned inmates to decongest prisons

As part of measures to decongest prisons nationwide, the Minister of Interior, Rauf Aregbesola has called on state governors to sign the death warrants of the 3,008 condemned criminals waiting for execution. Speaking at the inauguration of the Osun State Command headquarters complex of the Nigeria Correctional Service, (NCS), in Oshogbo on Friday, the minister emphasised the need to bring cases involving the inmates to closure. Aregbesola, who identified three avenues to decongest prisons, said governors could accelerate the wheel of justice, as many inmates had been in custody for…

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