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Buhari not a blessing to Nigeria, says Fayose

Published

2 months ago

February 25, 2024

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Former governor of Ekiti, Ayodele Fayose, says former President Muhammadu Buhari is “not a blessing” to Nigeria.

Fayose, while speaking in an interview on Channels Television on Sunday, said the administration of Buhari “drew us back to 50 years of our history”.

Over the past few months, Nigerians have been battling economic hardship as the prices of food and other basic
items have skyrocketed.

Protests over the economic hardship have taken place in some parts of the country.

On February 16, the Nigeria Labour Congress (NLC) declared a nationwide mass protest for February 27 and 28, over the economic hardship in the country.

Reacting to the development, Fayose said Tinubu inherited a “dead economy” adding that there is little the president can do to revive the situation within nine months.

The former Ekiti governor accused the Buhari-led administration of destroying the country’s economy.

Fayose said Buhari obtained loans that would be repaid by unborn children.

READ Senate not under pressure to approve Buhari’s foreign loans – Committee

He asked Tinubu to stop praising Buhari in order not to confuse Nigerians about the “mess” created by the former president.

“Look at the eight years of President Muhammadu Buhari, what will be left of a country like Nigeria as of today?” he asked.

“Even if Tinubu means well, where do you place the debt? Even if Tinubu wants to do the magic, how will he fix the country? There were loans taken in Buhari’s administration, some with 20 to 50 years moratorium.

“Unborn children will face the kind of situation the last administration has plunged this country into.

“The only thing I want to say to President Tinubu is that, without fear or favour, he should stop praising former President Buhari.

“I watched a live television programme of the president telling Nigerians that former President Buhari did well.

“That will cause confusion in the minds of Nigerians. Yes, he is a member of our party and a leader.

READ Angry mob sets ablaze five suspected kidnappers in Edo

“There are so many presentations we can make without celebrating a man who has put Nigerians in this predicament.

“There are things you should not say. You can visit, love, and appreciate him, which is personal to the president.

“With all due respect, do not come to the television to say that former President Buhari was a blessing to Nigeria.

“Buhari is not a blessing to Nigerians, with all due respect. President Buhari is not a blessing to Nigeria, he drew us back to 50 years of our history.”

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UPDATED: Tinubu appoints Jim Ovia as chairman of education loan fund

Published

2 hours ago

April 26, 2024

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President Bola Tinubu has appointed Jim Ovia as the chairman of the Nigerian Education Loan Fund (NELFUND).

Ajuri Ngelale, presidential spokesperson, announced the appointment of Ovia, chairman of Zenith Bank, in a statement on Friday.

Ngelale said Tinubu believes that Ovia will bring his immense wealth of experience to ensure that no Nigerian student suffers a paucity of funds in the quest for tertiary education.

On April 3, Tinubu signed the student loans amendment bill into law to provide Nigerians with quality and accessible education.

The law will allow Nigerian students in tertiary institutions to access low-interest loans for tuition and other academic needs.

Subsequently, the president appointed Akintunde Sawyerr as the managing director and chief executive officer (CEO) of the fund.

Tinubu also appointed Frederick Oluwafemi Akinfala as the executive director of finance and administration, while Mustapha Iyal will serve as the executive director of operations of NELFUND.

READ NDLEA arrests two wanted drug kingpins, recovers cannabis loud concealed in machine parts

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JUST IN: Tinubu appoints Jim Ovia as chairman of education loan fund

Published

4 hours ago

April 26, 2024

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President Bola Tinubu has appointed Jim Ovia as the chairman of the Nigerian Education Loan Fund (NELFUND).

Ajuri Ngelale, presidential spokesperson, announced the appointment of Ovia, chairman of Zenith Bank, in a statement on Friday.

More to follow…

READ I stopped going to a particular church because pastor always attacked Buhari —Adesina

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ICPC detains TETFund boss ‘over questionable N7.6bn project’

Published

9 hours ago

April 26, 2024

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has detained Sonny Echono, executive secretary of the Tertiary Education Trust Fund (TETFund).

Demola Bakare, ICPC spokesperson, confirmed the development on Friday.

Bakare said that Echono was invited by the anti-graft agency on Thursday.

“The executive secretary of TETFund is here with us. He has been invited for questioning. He is still in custody. He was invited yesterday.” Bakare said.

“He was invited on Thursday. He has not been released. He’s still with us. Investigation is still ongoing.”

It was earlier reported that TETfund awarded two contracts to Fides Et Ratio Academy and Pole Global Marketing (PGM) within two months at the cost of N3.8 billion respectively without the approval of the federal executive council (FEC), which is required for the contract size.

The contract was to provide capacity building course and learning management systems to about 2 million students across higher institutions in the country.

READ Senate not under pressure to approve Buhari’s foreign loans – Committee

In a rejoinder, TETFund said it did not award N7.6 billion contracts to two companies without due process.

The agency said it was wrong to say they were contracts, whereas they were ICT projects implemented under a memorandum of understanding (MoU) which doesn’t require competitive bidding in public procurement.

TETFund further said its disbursement guidelines were approved by the president on the recommendation of the “Fund’s Board of Trustees and concurrence of the Honourable Minister of Education in line with the TETFund Act 2011″.

In an interview with TheCable, Echono said there was no form of irregularity in the N7.6 billion project.