President Muhammadu Buhari
President Muhammadu Buhari

— President Muhammadu Buhari on Thursday revealed he had come close to relinquishing power.

“Actually, I felt like absconding because 27 out of 36 states in Nigeria could not pay salaries and we knew they had no other sources,” he said at a meeting in Abuja. (The Guardian)

— The Nigerian government on Thursday said the country was saving 4.5 million U.S. dollars daily from the deregulation of petroleum products.

Minister of State for Budget and National Planning Zainab Ahmed, who disclosed this to journalists, said the deregulation of Premium Motor Spirit is part of the critical measures introduced by the Presidency to aid economic recovery and guarantee diversification. (Vanguard)

— The Senate on Thursday said it cannot consider the 2017-2019 Medium Term Expenditure Framework submitted by President Muhammadu Buhari for approval as the document was empty. (Daily Trust)

— Nigeria’s national economy recovery plan for the next three years will be ready next month, Minister of State for Budget and National Planning, Zainab Ahmed, said on Thursday.
According to her, the plan will clearly state the economic policies of the government that will guide the investment decisions by domestic and foreign investors. (The Punch) Enditem

Source: Xinhua/NewsGhana.com.gh

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