Press Releases
Factsheet: Currency Swap Agreement Between Nigeria and China | April 2018
Background In 2011 the Central Bank of Nigeria (CBN) decided to convert a portion of its external reserves into the Chinese currency, Renminbi (RMB). At that time Nigeria was one of the first countries in the world to do this. This policy decision was appropriate because: The RMB was becoming more of an international currency, […]
President Buhari Condoles With Victims of Jos Market Fire
President Muhammadu Buhari has sent heartfelt commiserations to the victims of the Jos market fire which destroyed more than 200 shops. The President said he was “devastated by the scale of economic losses suffered by hard working and ordinary Nigerians who believe in self-reliance to support themselves.” According to him, “trading and agriculture remain the […]
Nigeria Glad to Extend Brotherly Assistance to African Countries, President Buhari Tells Outgoing Sierra-Leonean High Commissioner
President Muhammadu Buhari said Friday in Abuja that it is a thing of joy for Nigeria to lend a helping hand to any African country in distress. While receiving the outgoing High Commissioner of the Republic of Sierra Leone, Her Excellency, Mrs Haja Afsatu Kabba, at the State House, the President said brotherly assistance extended […]
2019: Why I Declared Early – President Buhari
President Muhammadu Buhari Friday in Abuja said he made his intention to contest the 2019 Presidential Elections known early in order to douse rising speculations and give the party, All Progressives Congress (APC), enough time to prepare for the polls. President Buhari, who received members of the Buhari Support Group Centre (BSGC) at the State […]
NEC Briefed On Flood Prevention, MSMEs Progress and Prison Decongestion
*Council urges for more collaborative partnerships between FG, states The National Economic Council chaired by Vice President Yemi Osinbajo, SAN, was briefed today at its monthly meeting on the need for collaborative partnerships between the Federal and State Governments with the Presidential Committee on Flood Relief and Rehabilitation (PCFRR) for immediate intervention on flood prevention, […]
VP Yemi Osinbajo Commiserates With Flood Victims During Unscheduled Stop in Katsina
Vice President Yemi Osinbajo, SAN, has expressed the condolences of the Federal Government to the people affected by the tragic flooding in Katsina State on Monday, stating that the Buhari administration will ensure that it provides relief materials and support for those affected. Prof. Osinbajo stated this on Tuesday night when he made an unscheduled […]
Private Sector Chieftains Endorse Buhari’s Economic Policies, Direction
*VP Osinbajo attributes progress in economy to effective public-private partnership The 8th version of the Presidential Business Forum hosted quarterly by the Buhari administration today witnessed notable endorsement of the country’s economic policies and direction from private sector chieftains, offering commendation and praise for ongoing Federal Government reforms. Chief Nike Akande, the honorary life Vice-President […]
President Buhari Orders Repatriation of Nigerians Stranded in Russia
President Muhammadu Buhari has directed the Minister of Foreign Affairs, Geoffrey Onyeama and Minister of State, Aviation, Sen. Hadi Sirika, to commence the process of repatriating Nigerians who travelled to Russia for the FIFA 2018 World Cup and got stranded after the competition. The Nigerian football fans got stranded in the country following the activities […]
President Buhari Lauds Quality of Nigerian Professionals in Netherlands
“I am pleased with the quality of people I am seeing. You are high quality people. Congratulations on your personal achievements.” Those were the words of President Muhammadu Buhari as he met with members of Nigerians in Diaspora Organization (NIDO), the Netherlands Chapter, Monday, on the sidelines of his Official Visit to The Hague, Netherlands. […]
President Buhari Lauds Educational Ties Between Nigeria and Belarus
Education is the veritable doorway through which the boundless potentials of youths can be positively harnessed for the benefit of society, and the country at large, said President Muhammadu Buhari. The President made the declaration Thursday at State House, Abuja, while receiving the outgoing Ambassador of Belarus, His Excellency Vyacheslav Beskosty, who has spent over […]
President Buhari Condoles With Japan Over Landslide Deaths
President Muhammadu Buhari Thursday commiserated with the Government and people of Japan over the loss of lives and property following a heavy downpour that resulted in flooding and landslides. In a letter to the Prime Minister of Japan, Shinzo Abe, President Buhari described the tragedy as an “unprecedented weather disaster.’’ The President said the government […]
President Buhari Calls For Stronger Partnership With Lending Banks to Improve Infrastructure
President Muhammadu Buhari Thursday in Abuja called for stronger partnership with lending banks to reduce the nation’s infrastructure deficit, assuring of his administration’s full commitment to implement all agreements. Receiving the Board of African Export and Import Bank, AFREXIM, led by Dr Benedict Okey, at the Presidential Villa, President Buhari said the Federal Government will […]