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Tag Archives: Buhari

Nigeria targets oil companies for a greater share of profits

Lagos, Nigeria | AFP | In a move Nigeria’s president hailed as a “landmark moment”, Africa’s largest oil producer approved legislation this week to bolster its share of revenues from international majors. The authorities say the amendment — heralded as the biggest change in decades to its production sharing deals — will …

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Nigeria’s Buhari unveils record $33.8 billion budget

Abuja, Nigeria | AFP |  Nigerian President Muhammadu Buhari on Tuesday unveiled a record budget plan to lawmakers, ramping up ambitious spending goals for his second term in charge. The draft budget increased more than 13 percent from last year at 10.33 trillion naira — around $33.8 billion (30.8 billion …

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XENOPHOBIA: Nigeria’s Buhari arrives in S.Africa

  Johannesburg, South Africa | AFP | Nigerian President Muhammadu Buhari arrived in South Africa on Wednesday for a state visit after an outburst of xenophobic violence in and around Johannesburg stirred tensions between Africa’s leading economic powerhouses. Buhari and his South African counterpart Cyril Ramaphosa will meet Thursday to …

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Nigeria’s Buhari wins another term

Abuja, Nigeria | AFP | Muhammadu Buhari was on Tuesday re-elected Nigeria’s president, after a delayed poll that angered voters and raised political temperatures, leading to claims of rigging and collusion. Buhari, 76, took an unassailable lead of more than four million votes with the last states yet to be …

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Buhari votes as Nigeria poll day gets underway

Daura, Nigeria | AFP | Nigerians voted for a new president on Saturday after a week-long delay that has raised political tempers, sparked conspiracy claims and stoked fears of violence. Some 120,000 polling stations opened from 0700 GMT, although there were delays in the delivery of some materials and deployment …

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