Nigerian Newspaper Headlines Today: October 12
The Minister of Budget and National Planning, Senator Udoma Udo Udoma, could not make available the current debt profile of the country when asked to do so in one of the plenary sessions at the ongoing 22nd Nigerian Economic Summit in Abuja.
Germany is putting together 47.7 million Euros development package for Nigeria to address the challenge posed by illegal migrants.
The federal government’s efforts to raise funds to improve power supply in the country suffered a setback yesterday, as the Senate suspended a plan by the federal government to raise a secured bond of N309 billion to finance the shortfall in the Nigerian electricity market.
To strengthen local software sub-sector in the country, the Institute of Software Practitioners of Nigeria (ISPON), has called on the Federal Government to establish national software development fund (NSDF), through the Bank of Industry (BOI) at an interest rate management fees of less than five per cent for software companies and professionals in Nigeria.
To ensure the country is completely purged of corruption, Vice President Yemi Osinbajo has said that the anti-corruption war would be holistic and thorough to the extent that even the political associates and friends of President Muhammadu Buhari would not be spared.
Indications emerged on Saturday that frantic efforts are being made by the national leadership of the All Progressives Grand Alliance (APGA) to resolve the recent crisis that engulfed the top stakeholders.
President Muhammadu Buhari’s wife, Aisha, has weighed in on the ongoing crisis rocking the ruling All Progressives Congress, APC, saying the row has become a serious worry for the administration.
Minister of Finance, Mrs. Kemi Adeosun, has said that at the end of September, N3.9trn out of the N6.1trn budgeted for the year has been released.
Loyalists of the immediate past former Governor of Kano State, Senator Rabiu Musa Kwakwanso, risk loosing out in the brewing conflict over the control of the party structure in the state.