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Pass all requests for meetings with me through Abba Kyari, Buhari tells ministers
President Muhammadu Buhari on Tuesday told incoming ministers that all requests for meetings with him should pass through his chief of staff, Abba Kyari.
Mr Buhari said this in his closing remark at a presidential retreat for minister’s designate in Abuja.
“In terms of coordination, kindly ensure that all submissions for my attention or meeting requests be channelled through the Chief of Staff, while all Federal Executive Council matters be coordinated through the Secretary to the Government of the Federation,” Mr Buharisaid,
The president’s speech at the event was sent to PREMIUM TIMES by the presidency.
Mr Kyari has been criticised by some Nigerians including members of the ruling party, APC, for his influence over the president.
The First Lady, Aisha Buhari, is one of those who have complained about the powers Mr Kyari wields in the presidency.
After Mr Buhari’s re-election in February, some APC members protested against the re-appointment of Mr Kyari, a longtime ally of the president.
The president, however, reappointed him to the position.
Read Mr Buhari’s full speech to the ministers-designate below.
Protocols
After two days, we have come to the end of a successful retreat. However, you will agree that our work is just beginning.
2. These last two days have been very instructive for me personally, because I have had the opportunity to know many of you new Ministers-Designate better. I was also pleased to see that you have all equally enjoyed debating and deliberating on the various challenges before us over the next 4 years.
3. Ladies & Gentlemen, majority of our people are poor and are anxiously hoping for a better life. A Nigeria in which they do not have to worry about what they will eat, where they will live or if they can afford to pay for their children’s education or healthcare.
4. Our responsibility as leaders of this great country is to meet these basic needs for our people. As I mentioned yesterday, this Administration inherited many challenges from our predecessors to mention a few:
· A country in which 18 local governments in the Northeast were under the control of Boko Haram;
· Decayed infrastructure in which our rail lines and roads had severely deteriorated;
· A rent seeking economy that depended largely on oil revenues and imports;
· Significant unpaid pensions, subsidy debts, legacy contractor debts. I can go on and on.
5. In our first term, we laid the foundation to rebuild our country. We recaptured those 18 Local Governments previously held by Boko Haram, whose activities are now limited to sporadic attacks against soft targets. Our investments in road and rail infrastructure are without precedent, and many of you can attest to this. We also focused on diversifying the economy from oil towards agriculture and industrialization. Despite reduced revenues from oil and gas compared to past governments, we have broadly addressed many of the legacy debts they left behind.
6. Whilst we have obvious successes to celebrate, the challenges ahead are significant as you would have observed in detail over these two days. Nevertheless, from the quality of the deliberations, it is clear that solutions to our problems are well researched and have been well articulated.
7. We have discussed solutions relating to addressing Insecurity; Macroeconomic Stability; Agriculture and Food Security; Energy Security for Petroleum products and Electricity; Transportation and Critical Infrastructure; Industrialization and SME Development; Human Capital Development; Social Inclusion; Anti-Corruption; Housing Financing and Consumer Credit.
8. Public service is not easy work, and at times it can be thankless. I am therefore charging you all to see this opportunity to serve as an honour, to give your best to deliver on this mandate, for a more prosperous Nigeria, not for some, but for all Nigerians.
9. You will find that working collaboratively and purposefully will enable us to achieve quicker results, recognizing that four years is not a very long time. For the new Ministers, make sure you engage and benefit from the experience of the older Ministers and former Governors in the cabinet.
10. In terms of coordination, kindly ensure that all submissions for my attention or meeting requests be channeled through the Chief of Staff, while all Federal Executive Council matters be coordinated through the Secretary to the Government of the Federation.
11. I would like to thank the Office of the SGF for coordinating this successful Presidential Retreat. I would also like to thank the National Assembly leadership, the Party Chairman, Chairman of the Governors Forum, and resource firms, for the active engagements and contributions.
12. Once again, the challenges that lie ahead of us as a country are significant. But I have no doubt in your individual capacities and our collective patriotic commitment to deliver a better Nigeria for us, our children and a brighter future for all.
Thank you and God bless the Federal Republic of Nigeria.
Presidency names ex-PDP chairman, Sheriff leader of Buhari 2019 Support Committee
The headquarters of Heritage Bank at Victoria Island, Lagos, was besieged on Thursday by members of the labour union, protesting the recent dismissal of 1,000 support workers.
The National President of the National Union of Banks, Insurance and Financial Institutions Employees, Comrade Anthony Abakpa, led the demonstration, condemning the bank’s management for what he deemed a lack of adherence to due process in the termination of employment contracts.
Speaking during the protest, Comrade Abakpa asserted that the leadership of Heritage Bank failed to follow established protocols before executing the mass layoffs.
He emphasised the union’s commitment to pursuing justice for the affected workers, vowing to escalate their demands until the bank’s management rectifies the situation.
“We will intensify our demands for justice,” declared Comrade Abakpa, urging the bank’s management to take corrective action to address the grievances of the dismissed workers.
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified that Nigeria is not utilising its foreign reserves to bolster the naira, despite recent fluctuations in reserve levels.
Speaking from Washington DC, where he is attending the International Monetary Fund-World Bank Spring Meetings, Cardoso highlighted the influx of $600 million into Nigeria’s reserves account within the past two days.
While the naira has experienced a notable appreciation against the dollar in recent weeks, climbing over 40% from approximately N1,900/$ to about N1,000/$1, Nigeria’s foreign reserves have been dwindling. As of April 15, reserves dropped to approximately $32.29 billion, marking the lowest level in over six years.
Cardoso emphasised that the shifts in reserves are typical for any country, where various financial obligations, such as debt repayments, necessitate withdrawals.
He stated, “What you’ve seen with respect to the shift in our reserves is normal in any country’s reserves where, for example, debts are due and certain payments need to be made. They are made because that is also part of keeping your credibility.”
Continuing, Cardoso underscored the dynamic nature of the market, advocating for a system driven by willing buyers, willing sellers, and price discovery.
He emphasised, “The shift in our reserves has really little or nothing to do with defending the naira, and that is certainly not our objective.”
Dangote Petroleum Refinery has made headlines by announcing a further reduction in the price of diesel, dropping it from ₦1200 to ₦1000 naira per litre.
The refinery’s decision comes on the heels of its recent supply at a significantly reduced price of ₦1200 per litre, which was introduced three weeks ago, signifying a remarkable 30 per cent decrease from the previous market price of approximately ₦1600 per litre.
This substantial reduction in diesel prices at Dangote Petroleum Refinery is expected to reiterate positively throughout various sectors of the economy, potentially serving as a catalyst in alleviating the persistently high inflation rate in the country.
In a statement last week, Aliko Dangote, Africa’s wealthiest individual and the owner of the refinery, expressed his optimism regarding the potential impact of the price reduction on inflation in Nigeria.
“I believe that we are on the right track. I believe Nigerians have been patient, and I also believe that a lot of goodies will now come through. There’s quite a lot of improvement because if you look at it, one of the major issues that we’ve had was the naira devaluation that has gone very aggressively up to about ₦1900,” he remarked.
As anticipation builds around the implications of this move by Dangote Petroleum Refinery, stakeholders and consumers alike remain hopeful for the positive effects it could bring to the Nigerian economy in the coming months.
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