Borno State Governor, Babagana Zulum has said the situation facing the state is a tough one and that Boko Haram terrorists had an “ultimate wish to take over the state and bring it under a sovereign brutal administration.” For a second time, Zulum’s convoy came under attack from Boko Haram in the Baga area last Thursday and he only escaped because he travelled in a military aircraft. The death toll has now risen to 30 persons from an initial 15 reported, including 12 policemen, five soldiers, four members of a government-backed militia and nine civilians. Since an attack by Boko Haram in July, It is now a custom for Zulum to travel to northern Borno by air. The Arewa Consultative Forum, speaking through its National Publicity Secretary Emmanuel Yawe, reacted furiously to news of the attack, saying that the Federal Government and the military have “a lot of questions to answer.”
Fresh loan disbursements expected from the World Bank, African Development Bank and Islamic Development Bank may raise Nigeria’s total public debt stock to ₦31.699 trillion in coming months. Nigeria currently expects about $1.844 billion (₦699.1 billion at N379/$ official exchange rate) in loan from the three financial institutions. According to the DMO, Nigeria is currently expecting a loan of $1.5 billion (₦568.5 billion at ₦379/$ official exchange rate) from the World Bank. It also stated that a balance of $211.5 million (₦80.16 billion) is being expected from the AfDB before the end of this year, as part of the $500 million facility which Nigeria applied for from the bank, as an initial $288.5 million had been approved by the AfDB. Nigeria also applied for $133 million (₦50.41 billion) from the Islamic Development Bank as a budget support facility needed to address challenges posed by the COVID-19 pandemic.
The Vice-President, Prof Yemi Osinbajo, has said the FG may reopen land borders soon. Osinbajo made the statement in response to a question on the continued closure of land borders, during a webinar organised by The Africa Report titled: ‘Bouncing back: Nigeria’s post-pandemic recovery plan’. Osinbajo said that the government was working with neighbouring countries on the terms of reopening the border. “We are working with our neighbours to see on what terms we would reopen those borders. At the moment, we are undertaking joint border patrols to control smuggling along the borders and we think it is working and I’m sure that soon enough we should have the borders opened. “We are committed to the AfCFTA but we are concerned about threats to security and the economy and we had to take certain actions that would satisfy the immediate needs of our country. It (border closure) certainly wasn’t meant to be permanent and we are looking forward to reopening as quickly as possible.” President Muhammadu Buhari, had in October 2019 ordered the closure of the borders to check the menace of smuggling goods and arms and ammunition into the country and protect local businesses.
The State Executive Committee of the All Progressives Congress (APC) in Ekiti State has suspended Governor Kayode Fayemi and accused the governor of ‘numerous anti-party activities, especially his role in the recently concluded governorship election in Edo State which is contrary to the provisions of Article 21 (A) (ii) of the APC Constitution.”. Fayemi is also accused of funding the campaign of People’s Democratic Party’s candidate in the last governorship election in Oyo State, Seyi Makinde. Further, the statement read: “For five days prior to the Edo elections, Gov Fayemi hosted PDP big wig Mr. Femi Fani- Kayode in the government house in Ado Ekiti in the run-up to the Edo elections. It was here they perfected the coup against our party in Edo State.