Wednesday, May 3, 2017
Video - 40% increase in cement prices slows growth in real estate sector in Nigeria
Nigeria manufactures nearly 90% of its cement locally, but a recent 40% price hike has significantly slowed growth in the country's real-estate sector.
President Buhari misses third cabinet meeting
Nigeria's President Muhammadu Buhari has missed his third cabinet meeting in a row amid ongoing questions about the state of his health.
He has not been seen in public for more than a week.
His wife Aisha Buhari had tweeted on Tuesday that her husband was not as sick as is being perceived.
In March, Mr Buhari returned from seven weeks of medical leave in the UK where he was treated for an undisclosed illness.
When he returned home he said he had never been so ill in his life.
In her tweets, Mrs Buhari that he was continuing to "carry out his responsibilities" and has been meeting with ministers. She also thanked Nigerians.
Vice President Yemi Osinbajo, who was the acting president while Mr Buhari was away in the UK, is chairing the cabinet meeting in the capital, Abuja.
Earlier this week, a group of prominent Nigerians has called on Mr Buhari to take medical leave as concerns about his health grow.
He uncharacteristically failed to show up at last Friday's prayers at the mosque on state house grounds.
Information Minister Lai Mohammed told the BBC that the president's health was "a personal matter" and that Nigerians have been kept aware of his condition.
Thirteen influential civil society figures, said in a statement on Monday that the president's absence from the cabinet meetings, as well as the weekly Friday Muslim prayers, "has fuelled further speculation and rumours" about his medical condition.
The 13 said they felt "compelled" to ask Mr Buhari "to heed the advice of his personal physicians by taking a rest to attend to his health without any further delay".
Mr Buhari's personal assistant Bashir Ahmed said the president had met Justice Minister Abubakar Malami and other officials at the presidential villa on Tuesday as part of his official duties.
Last week, presidential spokesman Garba Shehu said Mr Buhari was "taking things slowly, as he fully recovers from the long period of treatment" in the UK.
He has not been seen in public for more than a week.
His wife Aisha Buhari had tweeted on Tuesday that her husband was not as sick as is being perceived.
In March, Mr Buhari returned from seven weeks of medical leave in the UK where he was treated for an undisclosed illness.
When he returned home he said he had never been so ill in his life.
In her tweets, Mrs Buhari that he was continuing to "carry out his responsibilities" and has been meeting with ministers. She also thanked Nigerians.
Vice President Yemi Osinbajo, who was the acting president while Mr Buhari was away in the UK, is chairing the cabinet meeting in the capital, Abuja.
Earlier this week, a group of prominent Nigerians has called on Mr Buhari to take medical leave as concerns about his health grow.
He uncharacteristically failed to show up at last Friday's prayers at the mosque on state house grounds.
Information Minister Lai Mohammed told the BBC that the president's health was "a personal matter" and that Nigerians have been kept aware of his condition.
Thirteen influential civil society figures, said in a statement on Monday that the president's absence from the cabinet meetings, as well as the weekly Friday Muslim prayers, "has fuelled further speculation and rumours" about his medical condition.
The 13 said they felt "compelled" to ask Mr Buhari "to heed the advice of his personal physicians by taking a rest to attend to his health without any further delay".
Mr Buhari's personal assistant Bashir Ahmed said the president had met Justice Minister Abubakar Malami and other officials at the presidential villa on Tuesday as part of his official duties.
Last week, presidential spokesman Garba Shehu said Mr Buhari was "taking things slowly, as he fully recovers from the long period of treatment" in the UK.
Tuesday, May 2, 2017
Video - Liquefied Natural Gas Company: Proposed act will have detrimental effects on Nigeria
Nigeria's liquefied natural gas company, the NLNG, is on a collision course with the country's parliament after it criticized plans by lawmakers to introduce a law to compel the gas firm to pay a levy, which is about three percent of its annual budget. The NLNG warns that if the bill is enacted, it could have a detrimental effect on new investments in the country's oil and gas industry.
New heavy weight world champion Anthony Joshua to be honoured in Nigeria
Majority leader of the State House of Assembly Yinka Mafe says he will move a motion in the state legislature to have the Sagamu International Stadium renamed Anthony Joshua Stadium, and the popular Cinema Street in Sagamu renamed Anthony Joshua Street.
Of the two, the street is the most significant, as his family owns almost half the land and property on one side of the street.
The cinema, from which the road takes its name, was built by his great grandfather Omo-Oba Daniel Adebambo Joshua in the 50s, and is one of the oldest of such facilities in the country.
Mafe joined hundreds of Sagamu youth to watch the fight in an open air viewing event organised by the Sagamu Youth Congress, and was thrilled by both the turnout and the outcome.
"We are proud of what he has achieved as a son of Sagamu, and we will be happy to do our own little bit to show our appreciation and support for him," Mafe said.
President Buhari urged to take medical leave
A group of prominent Nigerians has called on President Muhammadu Buhari, 74, to take medical leave, amid growing concern about his health.
There was an "apparent deterioration" in his health following his failure to attend the last two cabinet meetings, the group said.
Mr Buhari took about seven weeks of medical leave in January, and flew to the UK for treatment.
When he returned home in March, he said he had never been so ill in his life.
Mr Buhari has not disclosed his illness, but hinted that he had had a blood transfusion.
The president had not been seen in public for the last week, and his absence from the cabinet meetings, as well as the weekly Friday Muslim prayers, "has fuelled further speculation and rumours" about his medical condition, the group of 13 Nigerians said in a statement.
The group included some of the Nigeria's most influential civil society figures, including lawyer Femi Falana, political analyst Jibrin Ibrahim, and Transparency International Nigeria head Anwal Musa Rafsanjani.
The 13 said they felt "compelled" to ask Mr Buhari "to heed the advice of his personal physicians by taking a rest to attend to his health without any further delay".
Mr Buhari's aides have not yet commented on the statement.
Last week presidential spokesman Garba Shehu said Mr Buhari was "taking things slowly, as he fully recovers from the long period of treatment" in the UK.
There was an "apparent deterioration" in his health following his failure to attend the last two cabinet meetings, the group said.
Mr Buhari took about seven weeks of medical leave in January, and flew to the UK for treatment.
When he returned home in March, he said he had never been so ill in his life.
Mr Buhari has not disclosed his illness, but hinted that he had had a blood transfusion.
The president had not been seen in public for the last week, and his absence from the cabinet meetings, as well as the weekly Friday Muslim prayers, "has fuelled further speculation and rumours" about his medical condition, the group of 13 Nigerians said in a statement.
The group included some of the Nigeria's most influential civil society figures, including lawyer Femi Falana, political analyst Jibrin Ibrahim, and Transparency International Nigeria head Anwal Musa Rafsanjani.
The 13 said they felt "compelled" to ask Mr Buhari "to heed the advice of his personal physicians by taking a rest to attend to his health without any further delay".
Mr Buhari's aides have not yet commented on the statement.
Last week presidential spokesman Garba Shehu said Mr Buhari was "taking things slowly, as he fully recovers from the long period of treatment" in the UK.
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