Zainab Ahmed, minister of finance, budget and national planning, says the federal government will borrow to finance N6.258 trillion deficit in the 2022 budget. Ahmed made this disclosure while briefing State House correspondents on the details of the 2022 budget proposal. The finance minister argued that the government is borrowing to provide developmental projects — roads, rails, bridges, power and water for sustainable development in the country. She said the government would finance the N6.258 trillion deficit by new borrowings of N5.012 trillion (of which domestic — N2.506 trillion and foreign — N2.506 trillion) from project-tied multilateral/bilateral loans — N1.156…

President Muhammadu Buhari met behind closed doors with former President Goodluck Jonathan, in his office at the Presidential Villa, Abuja, on Wednesday. Agenda of the meeting was unknown to journalists, while no official statement has been issued on the outcome of the meeting as at time of filing this report. Jonathan, who is ECOWAS Special Envoy to the Republic of Mali, had been updating Buhari on efforts by West African leaders to restore stability to the country. The meeting between Buhari and Jonathan might not be unconnected with efforts toward finding lasting peace in Mali and other troubled West African…

Federal Government has threatened to declare a state of emergency in Anambra to ensure that the November 6 governorship election in the state takes place. Attorney-General of the Federation and Minister of Justice, Abubakar Malami, said this on Wednesday after the Federal Executive Council meeting at the Presidential Villa, Abuja. The minister said that the government was determined to ensure a hitch-free election in Anambra, despite the wave of attacks and killings in the state. “When our national security is attacked, and the sanctity of our constitutionally-guaranteed democracy is threatened, no possibility is ruled out,” Malami said. Continuing he said…

Anambra government has faulted the federal government over its threat to declare emergency rule in the state. On Wednesday, the federal government threatened to declare a state of emergency in Anambra to ensure that the November 6 governorship election in the state takes place. Abubakar Malami, attorney-general of the federation (AGF) and minister of justice, said the government has a responsibility to protect citizens. Speaking on the development, Don Adinuba, Anambra commissioner for information, in an interview with Channels Television, said the threat is politically motivated. Adinuba said recent happenings in the state do not warrant a declaration of emergency…