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November 20, 2024 Presidency Seeks Fresh US$ 2.2bn Loan

Presidency Seeks Fresh US$ 2.2bn Loan

President BOLA TINUBU has written to the National Assembly to seek the approval of about 2.2 billion dollars as a new external borrowing plan in the 2024 Appropriation Act.

The President’s request was contained in a letter read by the Speaker of the House of Representatives, TAJUDEEN ABBAS, during plenary session.

If approved, the loan will be used to part-finance the budget deficit of 9.7 trillion naira for the 2024 budget.

The President has also forwarded the 2025- 2027 Medium-Term Expenditure Framework and the Fiscal Strategy Paper to the National Assembly for consideration and approval.

November 20, 2024 Akwa Ibom Celebrates, as Obong Victor Attah Turns 86

Akwa Ibom Celebrates, as Obong Victor Attah Turns 86

The Governor of Akwa Ibom State, Pastor Umo Eno, PhD, has sent his birthday felicitations to the former Governor of Akwa Ibom State, Arc. (Obong) Victor Attah on the occasion of his 86th birthday.
In a birthday message released by his Chief Press Secretary, Ekerete Udoh, Governor Eno eulogized the former Governor for his service to the State and Statesmanly disposition since leaving office.
On behalf of the Government and people of Akwa Ibom
State, I celebrate you today, on the occasion of your 86th Birthday.
“We thank God for the gift of good health and longevity; we thank God for the blessing of a sound mind, we thank God for the great foundation of growth and development you had laid for our State, which we, your successors have been building on and expanding.
“You have been a statesman, a voice of reason and rationality and above all an architect of peace and unity.
“Thank you for standing up to fight for ideals that were necessary and proper, equitable and fair.
“As you celebrate your birthday today, we pray God for more robust health and a sound mind.
“Happy birthday once again, Sir.
November 18, 2024 President Tinubu Off to Brazil for G20 World Summit

President Tinubu Off to Brazil for G20 World Summit

President BOLA TINUBU has departed Abuja for Rio de Janeiro, Brazil, to attend the 19th meeting of the G20 Leaders’ Summit in the South American country.

TINUBU’s participation is at the instance of the Brazilian President and current President of the group, LUIZ INACIO LULA DA SILVA.

The Summit slated from today to tomorrow, will bring together leaders from the world’s top 20 economies, including the European Union, the African Union, and multilateral financial institutions among others.

This year’s meeting, under the theme, ‘Building a Just World and a Sustainable Planet,’ will see the participants discuss the fight against hunger and poverty; reform of the Institution of global governance and; sustainable development and Energy Transition.

November 18, 2024 Aiyedatiwa Returns as Governor of Ondo State

Aiyedatiwa Returns as Governor of Ondo State

The Ondo State Governor, Mr LUCKY AYEDATIWA, has been declared the winner of Saturday’s governorship election in the state.

He was returned elected by the Independent National Electoral Commission after winning the governorship poll in all 18 Local Government Areas of the state.

AYEDATIWA, who won in EseOdo Local Government Area in the last Local Government result presented on Sunday at the State Collation Centre in Akure, had previously won in the 17 areas earlier announced.

In the final declaration of the result by the State Returning Officer, Prof OLAYEMI AKINWUMI, he said the All Progressives Congress’ candidate, AYEDATIWA polled in total of 366,781 votes to defeat AGBOOLA AJAYI of the Peoples Democratic Party, who got 117,845 votes.

In his acceptance speech, LUCKY AIYEDATIWA urged opposition parties to join hands with him and develop the state together. He promised to run an all-inclusive government.

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