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Nigeria’s Buhari Gives Central Bank Go-Ahead for Flexible Naira
Nigeria’s president Muhammadu Buhari has said he will hold talks with leaders in the oil-producing Delta region to address their grievances in a bid to stop a surge in pipeline attacks, but that an army crackdown would continue.
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The main opposition party, Peoples Democratic Party (PDP), took a much critical sance in judging the one-year reign of President Buhari, insisting that the last 365 days were wasted, africanews reported.
Buhari also defended a decision to remove fuel subsidies and raise pump prices by up to 67 percent as “very painful” but necessary to adjust government spending to austerity. We can not thank President Buhari and his team enough for this great love for the Niger Delta. For them, this year was heavy, but he will do everything to solve problems, which arise in Nigeria now. Anti-corruption is not the only reason why Nigerians voted the APC into power.
In Buhari speech he has reported that their administration comes to power. “They no longer have the kind of capacity or capability to launch the kind of attacks they use to launch before”.
It is certain that Nigerians have taken noteof the fact that the current administration is a serial promise breaker and this might lead to the downfall of the Buhari administration just as it did the previous.
Going forward, he has asked them to update the information periodically.
This is reminiscent of the Jonathan era where the president was accused of dealing with incompetent ministerswho were seen as clueless in the faceof challenges the country was experiencing. “Nigeria would not have been able to deal decisively and effectively with Boko Haram without seeking the assistance of other concerned countries”.
Mr. Fayose, who was reacting to media reports that one governor from the Southwest and another from the Southsouth had been placed on travel restriction on the orders of President Muhammadu Buhari, said whenever he wished to travel out of the country, he will do so in broad daylight.
An opinion poll conducted by NOIPolls showed that the Nigerian president got an approval rating of 64 percent, but his job creation record and progress in improving the country’s tanking economy remained a concern. If Buhari does not correct this perception in time, he might lose the confidence Nigerian have in him to keep them save.
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“This initiative led to a conference of leaders of Nigeria and other French-speaking countries in the region hosted by France in Paris in the heat of the country’s ordeal in the jaws of Boko Haram in 2014”. Uwaleke said deregulation of the downstream sector, appreciation of crude oil price, the likely improvement in electricity supply and good business environment were things that would shape the economy.