Showing posts from December, 2015

We Will Employ 500,000 Teachers In 2016 – Buhari

 In order to address the chronic shortage of teachers in public schools across the country, the Federal Government has said it will in 2016 employ about 500, 000 teachers. “We also will partner with State and Local Governments to recruit, train and deploy 500,000 unemployed graduates and NCE holders. These graduate teachers will be deployed to primary schools, thereby, enhancing the provision of basic education especially in our rural areas,” President Muhammadu Buhari said on Tuesday while addressing a joint session of the National Assembly on the occasion of 2016 budget presentation. According to him, the 2016 budget, if passed, will ensure the revival of the economy, deliver inclusive growth to Nigerians and create a significant number of jobs. He said: “We aim to ensure macroeconomic stability by achieving a real GDP growth rate of 4.37% and managing inflation. To achieve this, we will ensure the aligning of fiscal, monetary, trade and industrial policies. “As we focus on inclusive

Buhari Declares Free Higher Education For Science, Technology & Education Student

 President Muhammadu Buhari has assured that there will be free eduction for science, technology and education students in tertiary institutions. Buhari gave the assurance Tuesday while presenting the 2016 Appropriation Bill to a joint session of the National Assembly. President Buhari stressed that this would indeed mark a historic milestone for us as a nation. Buhari said his administration would unveil a conditional cash transfer programme for the poorest and most vulnerable. The president said the full programme would be presented in the coming weeks and that it would include home-grown public primary school feeding. “Furthermore, through the office of the Vice President, we are working with various development partners to design an implementable and transparent conditional cash transfer program for the poorest and most vulnerable. “This program will be implemented in phases. Already, the compilation of registers of the poorest persons is ongoing. “In the coming weeks, we will pres

Breakdown of the 2016 Budget

  GDP Growth Rate Projection 4.37% Revenue Projection 3.86 Naira Deficit 2.22 trillion Naira (equivalent to 2.16% of Nigeria’s GDP) Oil Related Revenues 820 billion Naira Non-oil Revenues 1.45 trillion Naira  Projected Independent Revenues 1.51 trillion Naira Capital Expenditure 1.8 trillion Naira (30%  of total budget) Works, Power and Housing 433.4 billion Naira Transport 202.0 billion Naira Interior 53.1 billion Naira Special Intervention Programs 300 billion Naira Education 369.6 billion Naira Defence 294.5 billion Naira Health 221.7 billion Naira Ministry of Interior 145.3 billion Naira Foreign and Domestic Debt Service 1.36 trillion Naira Sinking Fund towards the retirement of maturing loans 113 billion Naira Non-debt Recurrent Expenditure 2.65 trillion Naira

Buhari Was Given To Nigerian By God Because He Loves Us – Oshiomhole

 Edo State Governor, Comrade Adams Os­hiomhole said yester­day in Benin that the country would have collapsed had former President Goodluck Jonathan been re-elected. Speaking while receiv­ing over five thousand mem­bers of the PDP in the three senatorial districts of the state,he said. President Buhari has a huge task of rebuilding a country that has been so grossly mis­managed. I believe God loves Nigeria so much that he gave us President Buhari at the time he did. You can imagine if Jonathan had continued in of­fice where we could have been today”, “For the first time, big people are being asked to ac­count, in the past we only hear of governors, local govern­ment people, commissioners but this time we are seeing Minister of Finance confess­ing like a witch craft how they took money and even co-opted their children so they didn’t just share money for the party they shared for their families. When a minister pays money into her own personal account, we have seen national security bein

Job Creation Is My Top Priority – President Buhari

 President Muhammadu Buhari has reiterated his administration’s commitment to job creation, saying it is one of the highest priorities of “our change agenda.” In his words: “This administration will ensure that youths in the country are gainfully employed and youth restiveness curtailed. “ONE OF THE FOCAL POINTS OF THIS ADMINISTRATION IS JOB CREATION. JOB CREATION WILL HELP IN THE ACHIEVEMENT OF OTHER OBJECTIVES OF THE GOVERNMENT SUCH AS POVERTY REDUCTION AND SECURITY WHICH ARE SOME OF THE CHALLENGES THIS ADMINISTRATION IS CONFRONTED WITH. INSECURITY CANNOT BE DIVORCED FROM UNEMPLOYMENT AND POVERTY BECAUSE AN IDLE MIND, THEY SAY, IS THE DEVIL’S WORKSHOP.” The President stated this at 2nd convocation ceremony of the Kaduna State University, Kaduna State, where he was conferred with an honorary doctor of letters. The award is the first ever conferred on him. Buhari further stated that “One of the ways we can achieve this is through the reorientation of our youths towards an entrepreneuri

Real Madrid Expelled From Copa Del Rey

 Real madrid have been expelled from the Copa del Rey after they fielded the ineligible Denis Cheryshev in Wednesday’s 3-1 win over Cadiz. The Russian winger picked up three yellow cards in the competition last season while on loan at Villarreal – the third in the semi-final defeat to Barcelona – and was supposed to be suspended for the first game of this season’s Copa. However, Madrid did not realize and Rafael Benitez, taking advantage of his squad, played him from the start against the third division side. Cheryshev opened the scoring, but was taken off 45 second into the second half as word spread that he was not eligible to play. Cadiz confirmed on Wednesday they had made a complaint to the Spanish Football Federation (RFEF) regarding Cheryshev’s involvement. And Spanish football’s governing body has confirmed that the club have been excluded from the tournament and handed a fine. “Real Madrid have been found guilty of fielding an ineligible player, Denis Cheryshev, in the home ma

NEWS Top 5 Insurance Companies in Nigeria 2015

 There are many insurance companies in the country and it would not be easy listing the best ten as there are many indices to use in drawing a conclusion as to which ones are the best. The best insurance companies must have the following features They must be known to the public No matter the name a company has made. Its better recognized in its industry. When you take about shoes, you remember Nike and timberland. When you talk about cars, you look for ford or Toyota. The same applies to the insurance industries. Any company known to the public when people are asking is still a reputable company. They should have a track record While I am not an insider in most of these companies, I have been fortunate to attend large organizations with thousands of employees where these insurance firms do business. You can always get subtle data as regarding the performance and record of insurance companies and with this sort out the best. They must have testimonials What do I mean by this? A testimo

Why We Must Cut N18, 000 Minimum Wage or Sack Workers — Governors

 The chairman of the Nigerian Governors Forum and Zamfara state governor, Abdulaziz Yari, said on Thursday that irrespective of public condemnations of the plan, it would not be economically feasible to retain the same workforce and pay same amount of money. According to him, funds allocated from the Federation Account could no longer sustain the expenses of the state as the internally generated revenue was still below par in some states. Governors had two weeks ago declared that they could no longer cope with the N18, 000 minimum wage. The pronouncement caused a stir as Nigerians kicked against it. The governors of Rivers and Edo rejected the plan. Emerging from a meeting with President Muhammadu Buhari at the State House Abuja, on Thursday, Mr. Yari said the governors were considering the nation’s economic situation. “LET ME MAKE IT VERY CLEAR TO NIGERIANS, GOVERNOR’S FORUM IS NOT THE ENEMY OF LABOUR IN ANY WAY. RATHER, WE HAVE BEEN WORKING TOGETHER. BUT WHAT WE ARE SAYING, (BECAUSE