Author Archives: Stephen Angbulu

Tinubu asks new ministers to stay resilient amid criticism, abuse

President Bola Tinubu

President Bola Tinubu President Bola Tinubu, on Monday, swore in seven new ministers into his cabinet at the Council Chamber of the State House, Abuja. This followed their confirmation by the Senate on October 31 after a screening exercise. The new cabinet members took the oath of office in batches of four and three after their citations were read by the State House Director of Information and Public Relations, Mr Abiodun Oladunjoye. The first four included Idi Maiha (Minister of Livestock Development); Yusuf Ata (State, Housing and Urban Development); Dr Suwaiba Ahmad (State, Education) and Bianca Odumegwu-Ojukwu (State, Foreign Affairs). Afterwards, Dr Jumoke Oduwole (Industry, Trade and Investment), Dr Nentawe Yilwatda (Humanitarian Affairs and Poverty Reduction); and Muhammadu Dingyadi (Minister of Labour and Employment) took their oaths before the President.

Nigerias debt service-to-revenue ratio drops 32% in 17 months Tinubu

President Bola Tinubu.

President Bola Tinubu. President Bola Tinubu on Monday announced that Nigeria’s debt service-to-revenue ratio has decreased from approximately 97 per cent when he assumed office 17 months ago to 65 per cent currently. Tinubu stated that his administration has managed to keep the country afloat despite inheriting an economy on the brink of bankruptcy. The President stated while swearing in seven new ministers at the Council Chamber of the State House, Abuja. He said, “For us, it was a challenge when the nation was servicing its debt with 97 per cent of its revenue. It was nothing but the edge of the cliff. “But today, I can report to you that we have brought that down to 65 per cent, and we have never defaulted in meeting all obligations, both