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Why Lai Mohammed must be fired

Mohammed Saeed al-Sahaf was the Minister of Information in the dying days of Saddam Hussein’s regime in Iraq. Nicknamed “Comical Ali” by British tabloids, al-Sahaf made a fool of himself during the Iraqi war by constantly fabricating victories of the Iraqi army, even as territory after territory fell to the American-led allied forces.

Can Buhari make Naira equal to Dollar?

Buhari made this statement during the South East Presidential campaign rally of his party at the Dan Anyiam stadium in Owerri on Monday, 23rd March 2015. The APC candidate apparently lamented that “it is sad that the value of the Naira has dropped to more than N230 to $1” and he therefore cautioned that “this does not speak well for the Nation’s economy”. Furthermore, Buhari also assured his vibrant, traditionally mercantilist audience, that ‘corruption would be tackled headlong” if he became President and therefore urged the large crowd of supporters from Abia, Ebonyi, Anambra, Enugu and Imo states, who attended the rally to vote for APC.

CBN now to allocate forex to end users

ABUJA—The Central Bank of Nigeria, CBN, is now to allocate foreign exchange to end-users, with priority given to matured Letters of Credit, importation of petroleum products, raw materials and machinery. This is in a bid to effectively manage the nation’s depleted foreign reserves.

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