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Uproar as Buhari Makes Fresh Request for $29.96bn Loan

President Muhammadu Buhari on Thursday re-sent the $29.96bn 2016-2018 external borrowing plan to the Senate for its consideration and approval.
Buhari made the request a day after the International Monetary Fund warned Nigeria against rising debts. T he Debt Management Office has said out of Nigeria’s total debt profile of N25.7tn as of June 2019, external borrowing accounts for about 32 per cent while the 68 per cent is domestic.
The President’s financial plan was approved by the Federal Executive Council in August 2016 and sent to the 8th Assembly in September 2016.
The leadership of the federal parliament led by Senator Bukola Saraki and Yakubu Dogara, invariably rejected the request in November 2016.
Buhari had asked the 8th Assembly to approve plans to borrow the amount abroad to fund infrastructure plans from 2016 to 2018.
The President of the Senate, Ahmad Lawan, who read the fresh request sent by Buhari during plenary, did not give details of the executive communication.
In the letter, dated November 26, 2019, Buhari said the 8th National Assembly approved only a part of the External Borrowing request forwarded to it in September 2016.
This, according to him, stalled the Federal Government’s implementation of critical projects spanning across the mining, power, health, agricultural, water and educational sectors.
News
Fubara Urges Rivers People to Embrace Unity, Support Tinubu’s Renewed Hope Agenda

As Christians around the world celebrate Easter, Rivers State Governor Siminalayi Fubara has called on residents to reflect on the season’s message of peace, unity, and renewal.
“Easter is a sacred time that calls us to reconciliation,” the governor said in his Easter message. “It is a season when the peace of Christ fills our hearts — healing wounds, restoring broken relationships, and offering hope to the weary.”
He emphasized the power of resurrection as a symbol of new beginnings, noting that through faith, shattered dreams can be restored, and adversity overcome.
“This season reminds us that no challenge — whether hardship, sorrow, or even death — can separate us from the love of God. In Christ, we are more than conquerors.”
Governor Fubara reaffirmed his commitment to providing quality governance for the people of Rivers State and urged them to continue supporting the national leadership.
“I urge the great people of Rivers to keep standing behind the Renewed Hope Agenda of our President, His Excellency, Senator Bola Ahmed Tinubu, GCFR,” he stated. “Together, let’s look forward to a brighter, more prosperous future.”
He concluded with a call for unity: “We must never lose sight of our collective strength. The transformation we seek is possible if we remain united in purpose, guided by faith, and committed to progress.”




News
BREAKING: FUOYE Vice-Chancellor Suspended Amid Sexual Harassment Allegations

The Governing Council of the Federal University Oye-Ekiti (FUOYE) has suspended Vice-Chancellor Prof. Abayomi Sunday Fasina following allegations of sexual harassment brought against him by a senior university official, Engr. Folasade Adebayo.
The suspension was confirmed in a statement issued on Monday by the university’s Registrar and Secretary to the Governing Council, Mufutau A. Ibrahim.
According to the statement, “At its 7th Emergency Meeting held virtually on Monday, April 14, 2025, the Governing Council reviewed a request from the Vice-Chancellor, Prof. Abayomi Sunday Fasina, to embark on his accumulated Annual and Research Leave. The Council approved a six-month leave—totaling 126 working days—effective from Monday, April 14, 2025, out of his total leave entitlement of 228 days.”
Furthermore, the Council appointed Prof. Olubunmi S. Shittu, the current Deputy Vice-Chancellor (Academics) and the most senior among the three deputy vice-chancellors, as Acting Vice-Chancellor for the six-month duration.
This move follows pressure from the Minister of Education, Dr. Tunji Alausa, who reportedly expressed strong dissatisfaction with how the Council initially addressed the complaint. Sources say the Minister was displeased that the Council allegedly dismissed the harassment claims and asked the complainant to apologise to Prof. Fasina.
“The Minister was furious that the complaint was being swept under the rug and that the victim was being compelled to apologise,” a source revealed. “He personally contacted the Chairman of the Governing Council, Senator Victor Ndoma-Egba (SAN), to express his displeasure.”
Following the minister’s intervention, Senator Ndoma-Egba convened an emergency online meeting of the Council on Monday afternoon. During the session, members agreed to suspend Prof. Fasina. However, the Vice-Chancellor reportedly requested to proceed on his accumulated leave instead of facing a direct suspension.
In the interim, Prof. Samuel Olubunmi Shittu, a Professor of Soil Science and the Deputy Vice-Chancellor (Academics), will serve as Acting Vice-Chancellor.

News
Man Reportedly D!es Trying To Cart Away Agemo Statue In Ijebu

A suspected thief, identified as Jeremiah Kosesochi Nwoke has reportedly d!ed while attempting to cart away the Agemo statue located at the Itoro Roundabout in Ijebu Ode.
The incident, which occurred overnight, has thrown residents into shock as the statue stands near the roundabout leading to the ultramodern palace of the Awujale of Ijebuland.
It was gathered that the deceased allegedly made several futile efforts under the cover of darkness to uproot and steal the symbolic statue.
However, the deceased allegedly uprooted the heavily-padded statuebut d!ed in the process of carting it away.



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