NEWS
PMB: Nigeria In Worst Economic State Since 1960

President Muhammadu Buhari yesterday signed the controversial Appropriation Bill into law, saying it was coming in the middle of Nigeria’s toughest economic period since independence in 1960.
But he was optimistic that its coming into effect will mark the beginning of the change in the structure of the Nigerian economy once and for all. A sum of N350 billion is being injected into the economy immediately to reflate it.
“The signing of the budget today will trigger concerted efforts to reflate the Nigerian economy, a key element of which is an immediate injection of N350 billion into the economy by way of capital projects,” he said at the signing witnessed by Vice President Yemi Osinbajo; Senate President Bukola Saraki; House of Representatives Speaker Yakubu Dogara; APC National Chairman John Odigie-Oyegun; Finance Minister Kemi Adeosun; Senior Special Assistant to the President on National Assembly Matters (Senate), Ita Enang; Senior Special Assistant to the President on National Assembly Matters (House of Representatives), Samaila Kawu; Chairman Senate Committee on Appropriation, Danjuma Goje and Chairman House of Reps Committee on Appropriation, Abdulmumuni Jubril.
For the umpteenth time, President Buhari apologised for the inconveniences caused by the economy, saying that living in the State House does not in any way alienate him from the daily struggles of Nigerians.
“I read the newspapers and listen to the TV and radio. I hear your cries. I share your pains,” he said noting that Nigeria is experiencing probably the toughest economic times in its history, he acknowledged the sacrifice, resilience and toughness of all Nigerians who continued to have hope and confidence of a great future despite the hardships.
He branded his administration as one like no other.. “Permit me to say that this government is also like none other. We are absolutely committed to changing the structure of the Nigerian economy once and for all.
“We are working night and day to diversify the economy such that we never again have to rely on one commodity to survive as a country. So that we can produce the food we eat, make our own textiles, produce most of the things we use.
“We intend to create the environment for our young people to be able to innovate and create jobs through technology.
“I cannot promise you that this will be an easy journey, but in the interest of so much and so many, we must tread this difficult path. But I can assure you this government you have freely elected will work with honesty and dedication day and night to ensure that our country prospers and that the prosperity benefits all Nigerians.”
The N6.06 trillion budget, according to him, “is intended to signpost a renewal of our commitment to restoring the budget as a serious article of faith with the Nigerian people.”
He spoke of government’s determination to table appropriation bill before the National Assembly not later than October henceforth in time for the passage of the Act before the beginning of the fiscal year.
Throwing more light on the objective of the budget, he said: “Through the 2016 budget, titled Budget of Change, the government seeks to fulfill its own side of the social contract.
“In designing the 2016 budget, we made a deliberate choice to pursue an expansionary fiscal policy despite the huge decline in government revenues from crude oil exports.
“This is why we decided to enlarge the budget deficit at this time, to be financed principally through foreign and domestic borrowings. All borrowings will however be applied towards growth-enhancing capital expenditures.
“To illustrate our renewed commitment to infrastructural development, the 2016 budget allocates over N200 billion to road construction as against a paltry N18 billion allocated for same purpose in the 2015 budget.”
Despite the current challenges, he said that his administration will work extra-hard to achieve the revenue projections.
“Our revenue generating agencies are coming under better management and are re-oriented. The implementation of the Treasury Single Account (TSA) is expected to contribute significantly to improving transparency over government revenues,” he said.
The President said that further details of the approved budget and Strategic Implementation Plan for the 2016 budget will be provided to the public by the Minister of Budget and National Planning, Udoma Udo Udoma.
He said that he would also speak more on the Budget, its implementation and the overall national economic and social policies of his government on May 29 when he will be marking his first year in office. He hailed the National Assembly for making the budget a reality.
TheNation
NEWS
JUST-IN: Gov Fubara returns to Port Harcourt as Tinubu ends Emergency Rule

Rivers State Governor, Siminalayi Fubara, returned to the state on Friday, landing at the Port Harcourt International Airport, Omagwa, at about 11:55 a.m. to the cheers of his supporters who trooped out to welcome him.
His return comes hours after President Bola Tinubu lifted the emergency rule imposed on the state on March 18, following a political crisis that saw Fubara and his deputy, Ngozi Odu, suspended from office.
Despite his arrival, the governor had yet to resume at the Government House office as of Friday afternoon. On Thursday, the Rivers State House of Assembly reconvened, but hundreds of Fubara’s supporters who had gathered at the Government House in anticipation of his return waited in vain.
During the emergency rule, Tinubu appointed retired Admiral Ibok-Ete Ibas as sole administrator to oversee the state. In a farewell broadcast on Wednesday, Ibas handed over power and urged political actors in Rivers to embrace dialogue and mutual respect.
The crisis in the state began after Fubara fell out with his predecessor, Nyesom Wike, now Minister of the Federal Capital Territory, over control of Rivers’ political structure. The feud split the state assembly and escalated into violent confrontations.
In June, Tinubu convened a reconciliation meeting with Fubara, Wike, Assembly Speaker Martin Amaewhule, and other key stakeholders.
By July, Ibas inaugurated the Rivers State Independent Electoral Commission (RSIEC), led by Michael Odey, which conducted council elections across the state on August 30.
The All Progressives Congress (APC) won 20 local government areas, while the Peoples Democratic Party (PDP) secured three.
NEWS
Nigerian Born Int’l Journalist, Livinus Chibuike Victor, attempts to attain Interviewing Marathon of 72hours 30 Seconds

Journalists plays an essential role in promoting transparency, challenging power, and giving a voice to the voiceless. Despite increasing threats to press freedom across the world.
As the world reflects on the vital role journalists play in upholding democratic values, Livinus Chibuike Victor, Imo State born globally acclaimed journalist, proudly announce a historic Guinness World Record attempt for the longest interviewing marathon, with the Theme (NIGERIA OUR STRENGTH) scheduled to take place from 28th September to October 1st 2025, at Tangier Hotel, 34, Ekukinam street, Besides ABC Transport, Utako, Abuja.
The record attempt according to Victory, aims to highlight the enduring impact of journalism in a democratic society, a profession that continues to educate, empower, and hold those in power accountable. In an age where truth is often under siege, this initiative seeks to draw attention to the essential need for a free, ethical, and fearless press.
“Democracy is impossible without an informed public, and journalists are the ones who make that possible, “This attempt is not just about setting a new world record; it’s about celebrating truth, integrity, and the powerful role journalism plays in building and sustaining open societies.
The Guinness World Record attempt will feature a series of activities designed to engage the public, celebrate press freedom, and honor the sacrifices made by journalists around the world.
Members of the public, media professionals, and civic leaders are invited to witness and support the event as it unfolds over three inspiring days at the Tangier Hotel, Ekukinam Street, Utako,.Abuja, Nigeria.
About Livinus Chibuike Victor
Livinus Chibuike Victor is a Nigerian journalist known for his fearless reporting and advocacy for Press Freedom. He has worked tirelessly to promote transparency and accountability in society through his work.
NEWS
South East NUJ hosts homecoming, awards Chris Isiguzo Lifetime Achievement Honour

The immediate past National President of the Nigeria Union of Journalists (NUJ), Chief Dr. Chris Isiguzo (MFR), has been celebrated with a Lifetime Achievement Award by journalists from the South East Zone C during a special homecoming held in his honour at the NUJ Enugu Council Press Centre.
Speaking at the event, NUJ Vice President (South East), Comrade Ezenwa Adiuku, said the recognition was in appreciation of Isiguzo’s remarkable leadership and contributions during his tenure as National President. He described him as “a pathfinder, a trailblazer, a mentor, and a leader,” noting that he positioned the South East as a strong voice within the Union.
Chairman of the occasion and SSA to the Enugu State Governor on External Media Relations, Mr. Uche Anichukwu, stressed the importance of quality leadership recruitment in a democracy, urging citizens to reject vote buying and selling. He charged the media to intensify civic education to ensure credible leadership choices.
The current NUJ National President, Comrade Alhassan Yahya, praised the South East leadership for honouring Isiguzo, adding that it was the first time a sitting national president would honour his predecessor. He expressed confidence in the new Enugu Council leadership under Comrade Obinna Ogbuka, urging members to give full support.
In his response, Isiguzo expressed gratitude to the Union, recounting his administration’s achievements such as member registration, creation of the NUJ website, restoration of peace in councils, improved relations with state governments, and enhanced staff welfare.
Delivering a keynote address on “Leadership Recruitment Amid Challenges of Poverty: The Role of the Media”, UNN Vice Chancellor, Prof. Simon Uchenna Ortuanya, represented by Prof. Olaiwola Usman, linked Nigeria’s poverty crisis to poor leadership choices, stressing the media’s role in promoting credible recruitment of leaders.
The high point of the ceremony was the presentation of the NUJ South East Zonal Lifetime Achievement Award portrait to Isiguzo by Comrade Yahya, alongside tributes from NUJ and NAWOJ leaders.
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