LAURETTA ONOCHIE

🔥 MASSIVE 75% REDUCTION BY NATIONAL ASSEMBLY IN BUDGETARY ALLOCATION FOR THE  CONSTRUCTION OF ENUGU AIRPORT. 🔥 Among other things, the budget for the construction of Enugu Airport which President Buhari had proposed for *₦2 billion* has been drastically reduced to a mere *₦500m* without any explanation or reason. 🔥 The Deputy Senate President, Sen. Ike Ekweremadu who is a son of the soil of Enugu State and other representatives from Enugu State, are also part of the group that made this irrational cut. Many Igbos will rightly see this as antagonistic, betrayal and a huge sabotage. 🔥 If this sum of money had been approved by the Senate, it would have gone towards transforming the Airport from its current Primary School Assembly hall status to a modern state-of-the-art terminal building befitting the people of Enugu State and other Nigerians. 🔥 To put this in perspective, Heathrow Terminal 5 cost £4.2 billion to construct (not that we are expecting anything on t...

SPEECH BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA,  AT THE SIGNING INTO LAW, THE 2018 APPROPRIATION BILL, PRESIDENTIAL VILLA, ABUJA, WEDNESDAY, JUNE 20, 2018 PROTOCOLS I would like to thank the leadership of the National Assembly, particularly the Senate President and the Speaker of the House of Representatives, as well as all the Distinguished Senators and Honourable Members, for passing the 2018 Appropriation Bill, after seven months. 2.      When I submitted the 2018 Budget proposals to the National Assembly on 7 th November 2017, I had hoped that the usual legislative review process would be quick, so as to move Nigeria towards a predictable January-December financial year.  The importance of this predictability cannot be overemphasized.  3.      While the Federal Government’s budget represents less than 10% of aggregate yearly expenditures in the ...

♨️ AJAOKUTA STEEL FACTORY TO OPEN AFTER 40 YEARS. Nigeria's largest steel plant is finally starting production, four decades after it was built. ♨️ Four decades! Forty years! 40 years! Two Scores! ♨️ Including an era of oil boom within the 16 years of PDP-led governments that began with Chief Olusegun Obasanjo and ended in the disastrous Dr. Jonathan's raid-ship, oops, heist-ship, oh dear, leadership! ♨️ The Ajaokuta mill has cost the country more than $8bn, but has never produced any steel. All that is about to change under the Change government of the patriotic, performing, incorruptible leadership of Muhammadu Buhari. ♨️ Getting the facility off the ground will save Nigeria billions of dollars in steel imports. It will meet local needs as well as provide the much needed foreign exchange through exportation to other nations in need of steel.  ♨️ The Ajaokuta Steel mill, is expected to provide employment to about 500,000 people. Thats huge and lau...

🌋The Special Presidential Investigation Panel (SPIP) for the Recovery of Public Property has recovered seven million Dollars ($7 million) Or (₦2.1 billion at official rate) illegally kept in Heritage Bank. 🌋Chairman of the panel, Mr Okoi Obono-Obla, disclosed this while briefing President Muhammadu Buhari on activities of the panel. 🌋The panel has also recovered ₦533 million and land worth N1.5 billion, from the “Previous Management” of NEXIM Bank. The recovered funds and property had since been returned to the bank. 🌋The panel has also recovered and returned to the National Theatre, ₦24 million which was diverted by some directors of the agency. 🌋Also recovered, were 2 hectares of land in Abuja valued at over N2 billion, belonging to the National Council of Arts and Culture. 🌋The panel went on and recovered and returned a part of Agura Hotel belonging to the Nigerian Ports Authority (NPA). The recovered part of the hotel had been illegally “annexed by some so-cal...