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Tag Archives: Buhari

Nigerian army ‘crushes’ Boko Haram in key stronghold

Abuja, Nigeria | AFP | Nigerian President Muhammadu Buhari on Saturday claimed the military had routed Boko Haram in a key northeastern stronghold, a year after saying the Islamist militants had been “technically” defeated. A campaign lasting for months in the 1,300 square-kilometre (500 square-mile) forest in northeastern Borno state …

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Nigeria’s leader wants spending spree to boost economy

Abuja, Nigeria | AFP | Nigeria’s President Muhammadu Buhari proposed Wednesday a multi-billion dollar jump in spending designed to lift the nation out of the “most challenging economic situation” in its history. He pitched his NGN 7.3 trillion budget ($23 billion) proposal for 2017 — a 20 percent boost over …

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Buhari vows to lead Nigeria out of recession

Abuja, Nigeria | AFP |  Nigeria’s President Muhammadu Buhari on Sunday pledged to reverse the country’s economic slump as his government also tackles endemic corruption and the security threat from Boko Haram Islamists. Recession was officially confirmed in Africa’s most populous nation last month, after a second successive quarter of …

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Nigeria ‘talking to’ oil rebels: Buhari

Abuja, Nigeria | AFP | Thursday Nigeria’s President Muhammadu Buhari on Thursday said the government was in talks with oil rebels whose attacks have hit production, as the head of the state-run energy firm laid bare damage to the sector. Buhari said in a statement that “his administration is talking …

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Nigeria to stop defending naira

Abuja, Nigeria | AFP | Nigeria signalled Wednesday it will ease currency controls, opening the door to a plunge in the value of the naira, after the restrictions were blamed for stifling the economy. Central Bank of Nigeria (CBN) governor Godwin Emefiele said in a televised speech from Abuja that …

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