Politics NIGERIA: 8 Things That Have Happened Since Buhari Went On 10-Day Vacation

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President Muhammadu Buhari is currently on a 10-day working leave in London, United Kingdom.

The President had on Thursday, January 19, 2017, left the country for London, United Kingdom, for what the Presidency described as “a short leave.”

A statement by his Special Adviser on Media and Publicity, Mr. Femi Adesina, said the President would undergo “routine medical check-ups” during the vacation.

He is expected to resume work on February 6, 2017.

Here are eight things that have happened in Nigeria since the president went on vacation:

-1. Death rumour from fake websites - an online report had recently claimed that the President was sick and had died in a London hospital where he was receiving medical attention. But the Presidency last Saturday said there was no truth in the report, stating that the President was alive.

The report threw the social space into fear and unguided conversations.

2. Northern governors and Emirs of a northern states met in Kaduna - Northern States Governors Forum met with traditional rulers from the region to discuss the problems of insecurity bedeviling the region.

3. Nigeria Senate passed 2017 budget for second reading - Senate President, Bukola Saraki on Thursday referred it to the Appropriations committee and other sub committees.

4. Shehu Sani described Buhari anti-corruption as Deodorant war on Presidency - All Progressives Congress Senator, Comrade Shehu Sani representing Kaduna Central Senatorial District slapped President Muhammadu Buhari-led federal government on the its anti-corruption war over the clearance of Babachir Lawal on the North east grass cutting contract.

5. North-West Lawmakers Endorsed him for 2nd term - Members of the House of Representatives from the north- west geopolitical zone on Wednesday declared their intention to support President Muhammadu Buhari should he decide to seek re-election in 2019.

The caucus also passed a vote of confidence in the administration of President Buhari as well as the leadership of the House of Representatives led by Speaker Yakubu Dogara.

6. Fashola got into trouble over alleged N166Bn contracts scam - Minister of Works, Power and Housing, Babatunde Fashola, may be in trouble over the award of 10 road and bridge contracts worth N166 billion as Nigerian Senate may have concluded plans to investigate the matter.

7. Nigerian Monetary Policy Committee, MPC retained all key rates at its 254th meeting - The Central Bank of Nigeria Monetary Policy Committee (MPC) has retained the Monetary Policy Rate (MPR) at 14 per cent alongside all other policy parameters as in the last nine months.


Rising from the 254th meeting of the MPC, the Central Bank of Nigeria (CBN) said an interest rate cut at this time will worsen the inflationary conditions and undermine the current outlook for stability in the foreign exchange market.

8. Fitch Downgrades Nigeria - Ratings Agency Fitch has revised Nigeria's outlook to negative from stable over concerns that a lack of foreign exchange will hamper the economy.

It also gave Nigeria a rating of B+, four steps below investment grade.
 

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