President Buhari's Must Do List

Time is an unrecoverable asset, you have lost a year and on track to lose another. I recommend the following;

Remove Abba Kyari, he is sabotaging your anti corruption drive and he appears to own you.


Remove Mamman Daura he is no good.

Replace Femi Adesina before the damage to your person becomes irreparable.

Replace some ministers.

Kemi Adeosun say No more bailout for states, says finance minister

The Federal Government on Thursday ruled out the possibility of providing bailout funds for state governments to meet their financial obligations, including the payment of salaries of workers, due to declining allocation from the Federation Account.

It insisted that rather than providing fresh funds for the states to run their operations, the state governments must restructure their finances in line with the current economic realities.

The Minister of Finance, Mrs. Kemi Adeosun, who stated these during an interview on Channels Television’s Sunrise Daily, noted that unlike in the past when state governments had a lot of allocation from the Federation Account, the drop in oil prices had made it imperative for the governors to reduce the cost of governance.

Crude Oil prices set for one of the biggest weekly rises in 2016

Oil prices rose in Asian trade on Friday, setting crude futures on course for one of their biggest weekly gains this year, as sentiment has become more upbeat despite ongoing oversupply.

International benchmark Brent crude futures were trading at $45.09 per barrel at 0054 GMT, up more than half a dollar from their last settlement.

U.S. West Texas Intermediate (WTI) crude was up 52 cents at $43.70 a barrel.

With Brent up 8 percent since Monday and WTI 12 percent higher since April 18, this week is set for some of the steepest price rallies so far this year, and crude is up by more than two-thirds since its 2016 lows between January and February.

W. Africa Crude-Closed arbitrage pressures Nigerian differentials

(Reuters) -

* Oil prices rebounded to a 2016 high Wednesday as U.S. stocks of crude posted a smaller-than-expected build and there was a drawdown in gasoline and distillate stocks.

* Russia said on Wednesday it was prepared to push oil production to new historic highs, just days after a global deal to freeze output levels collapsed and Saudi Arabia threatened to flood markets with more crude.

* Iran also said it was determined to recover its share of the world oil market following the lifting of sanctions, and can withstand low prices.

NIGERIA

* Nigeria's June loading programmes were still emerging, with a slight increase in Qua Iboe exports to 317,000 barrels per day (bpd) but one less cargo for each of the Agbami, Escravos and Usan export plans.

* Senegal's SAR bought a cargo of Qua Iboe in its tender, but the grade remained easily accessible.

* The arbitrage to the United States had mostly closed as dated Brent was trading at a larger premium relative to U.S. WTI.

OUR POLICIES MAY HURT SOME BUSINESSES IN THE SHORT TERM, BUT THEY'RE RIGHT FOR THE NATIONAL ECONOMY - BUHARI

President Buhari meets with General V.K. Singh

President Muhammadu Buhari said Wednesday in New Delhi that despite the fall in oil prices, his Administration remains fully committed to maintaining macro-economic stability and improving investor confidence in Nigeria.

At an interactive session with Chief Executives of Indian companies with interests in Nigeria, President Buhari expressed the belief that with its abundance of human and material resources, the Nigerian economy does not have to suffer unduly from low oil prices, despite its severe impact on government revenues.