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Fri, Apr

Nigeria’s Vice President Yemi Osinbajo on Monday explained how President Muhammadu Buhari is rejuvenating the country’s economy thus making it an investors’ delight as specific efforts to enable the private sector to thrive is yielding results. Prof Osinbajo stated this at the Financial Times Africa Summit in Claridge’s Mayfair Hotel, London noting that the government of President Muhammadu Buhari, in the past months, had been working assiduously to improve macroeconomic conditions.

President Muhammadu Buhari has congratulated the Super Eagles on their victory over the Chipolopolo of Zambia. The President’s message comes after the Eagles beat Zambia on Saturday at the Godswill Akpabio Stadium in Uyo secure their place in Russia 2018 FIFA World Cup.

Nigeria on Monday prepared for its first major prosecutions of suspects linked to the Boko Haram conflict in closed-door trials at a military base. The defendants have all been arrested and detained since the start of the Islamist insurgency in the country’s northeast in 2009. The justice ministry announced last month that some 1,670 detainees would go on trial at a civilian court at a military base in Kainji, in the central state of Niger.

Former Nigeria vice-president, Atiku Abubakar, could be on the verge of realigning his political structures as he reportedly met with former president Goodluck Jonathan over his plans to run for President in 2019. Atiku may dump the All Progressives Congress (APC) for the Peoples Democratic Party (PDP), after the meeting.

Nigeria’s Power, Works and Housing Ministry has received 100 billion Naira for road projects. The money is from the 100 billion naira Sukuk bond issued by the government in September which was oversubscribed. Finance Minister, Kemi Adeosun presented the cheque to the Supervising minister. The fund is to finance 25 key road projects across the country. Five projects are to be carried out in the North-central zone of the country.

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