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President Buhari Names Railway Stations After Tinubu, Jonathan, Fashola, Others

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Buhari

Buhari Names Railway Stations After Prominent Nigerians

President Muhammadu Buhari on Monday named railway stations after Tinubu, Jonathan and other prominent Nigerians.

In a statement released through the Ministry of Transportation and signed by Eric Ojiekwe, Director, Press and Public Relations of the Ministry, the Minister of Transportation, Rotimi Amaechi, disclosed that the deserving citizens have contributed to the progress and development of their respective communities and the nation at large.

According to the statement, for the Lagos-Ibadan with extension to the Lagos Port Complex at Apapa railway station, the beneficiaries are:

Bola Ahmed Tinubu (Apapa station)

Mobolaji Johnson (Ebute Metta Station)

Babatunde Raji Fashola (Agege station),

Lateef Jakande (Agbado station) and

Prof. Yemi Osinbajo (Kajola station).

Others are Funmilayo Ransome-Kuti (Papalanto station)

Prof. Wole Soyinka (Abeokuta station),

Aremo Segun Osoba(Olodo station)

Chief Ladoka Akintola (Omio-Adio station)

Chief Obafemi Awolowo (Ibadan station)

and Chief Alex Ekwueme (Operation Control Centre)

For the Itakpe-Ajaokuta/Aladja-Warri Railway, the names are:

Alhaji Adamu Attah (Itakpe station)

Dr. Olushola Saraki (Ajaokuta station)

Admiral Augustus Aikhomu (Itogbo station)

Brigadier General George Innih (Agenebode station)

Anthony Eromosele Enahoro (Uromi station)

Chief Tom Ikimi (Ekehen station) and

Brig. Gen. Samuel Osaigbovo Ogbemudia (rtd) (Igbanke station)

Others according to the statement include:

Goodluck Ebele Jonathan (Agbor Station Complex)

Brigadier General David Ejoor (Abraka station)

Micheal Ibru (Opara station)

Alfred Rewane (Ujevwu station) and

Vice Admiral Mike Akhigbe (Railway Village, Agbor).

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade long experience in the global financial market.

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Government

Lai Mohammed Says Buhari Has Recovered Over N800bn in Looted Funds

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President Muhammadu Buhari

Buhari Has Recovered Over N800bn in Looted Funds

President Muhammadu Buhari government has recovered over N800 billion looted by corrupt Nigerians since the beginning of this administration in 2015.

Alhaji Lai Mohammed, the Minister of Information and Culture, disclosed this on Tuesday at a press conference held in Abuja.

He said, “This administration’s fight against corruption is as strong as ever, and we have the records to back up this claim.

“This administration has recorded over 1,400 convictions, including high profile ones, and recovered funds in excess of N800bn, not to talk of forfeiture of ill-gotten properties.”

President Muhammadu Buhari has made recovery of Nigeria’s stolen assets one of his priorities since he became president in 2015.

Several of Nigeria’s untouchables have been convicted despite political experts and social commentators saying the war against corruption should not be only against opposition but also against those in the ruling party that seems to have been overlooked.

Still, the ruling party has insisted that members of the party have been convicted and one of such is Kalu.

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President Muhammadu Buhari Arrives Bamako, Mali on Thursday

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Buhari arrives Bamako, Mali

President Buhari Arrives Bamako, Mali for ECOWAS Peace Mission

President Muhammadu Buhari has arrived Bamako, Mali on Thursday following the briefing received from the former President Goodluck Ebele Jonathan led ECOWAS Special Envoy to the country.

On Wednesday the presidency had tweeted that “President @MBuhari will Thursday depart for Bamako, the Republic of Mali on a one-day visit, following the briefing by the ECOWAS Special Envoy to the country, former President @GEJonathan.”

On Thursday, the presidency said President Buhari has arrived Bamako, Mali.

“President @MBuhari in Bamako, Republic of Mali, today, on a one-day visit. He’s meeting with fellow ECOWAS leaders led by President Mahamadou Issoufou of Niger Republic for consultations towards finding a lasting solution to the political crisis in Mali. ”

“President @MBuhari is in Bamako, Mali today, on an ECOWAS Peace Mission. #PMBinMali”

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US Orders Chinese Government to Close Consulate in Houston Within 72 Hours

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Donald Trump and  President Xi Jinping

US Orders Chinese Consulate in Houston, Texas Close

The United States has directed the Chinese government to close its embassy in Houston, Texas “in order to protect American intellectual property and Americans’ private information,” says Morgan Ortagus, State Department spokeswoman.

The move, according to experts, will escalate the already tensed relationship between the two world’s largest economies and further drag down global economic growth, especially after China announced it plans to retaliate.

According to Wang Wenbin, spokesman for Chinese foreign ministry, “the unilateral closure of China’s consulate general in Houston within a short period of time is an unprecedented escalation of its recent actions against China.”

“We urge the US to immediately revoke this erroneous decision. Should it insist on going down this wrong path, China will react with firm countermeasures,” he said.

Mr. Wenbin said the consulate was operating normally when it received questions about U.S. media reports that documents were being burned in the consulate courtyard on Tuesday night.

“It appears to be open burning in a container within the courtyard of the Chinese consulate facility. It does not appear to be an unconfined fire but we have not been allowed access,” Houston fire department chief Samuel Pena was quoted as saying by KTRK, an ABC television affiliate.

“We are standing by and monitoring.”

Investors King expects this move to disrupt the global financial markets and commodity outlook that is presently struggling due to the COVID-10 pandemic. Therefore, investors and businesses considering to reopen operations fully may start holding bank as global uncertainty is likely to hit the roof.

“For now, investors are still buying into the recovery story despite the building China-U.S. tensions again and for now at least that still seems to be the path of least resistance,” said Jeremy Stretch, head of G10 FX strategy at CIBC Capital Markets.

The U.S gives China 72 hours to vacate the premises.

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