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Showing posts with the label National Debt
  WITTY GLOBAL BLOGS | MORNING EDITION Nigerian Military Rules Out Ceasefire With Boko Haram and ISWAP, Vows Continued Operations By Itoro Uwah | Friday, November 6, 2026 National Security | Public Affairs | Governance | Nigeria ABUJA, NIGERIA — Nigeria's Defence Headquarters has denied the existence of a ceasefire agreement with Boko Haram and the Islamic State West Africa Province (ISWAP), insisting that military operations against insurgents and other armed groups will continue. The clarification was delivered on Thursday, November 5, 2026, by the Director of Defence Information, Major General Samaila Uba, during a joint security briefing organised by the Office of the National Security Adviser in Abuja. The statement follows reports alleging that the Federal Government had entered into a temporary ceasefire arrangement with a faction of Boko Haram operating in northeastern Nigeria. Defence Headquarters rejected the suggestion of a ceasefire and maintain...
  WITTY GLOBAL BLOGS | MORNING EDITION Tinubu Replaces $20.5bn External Borrowing Proposal With Fresh $7.7bn Request for Nigeria's 2026 Budget By Itoro Uwah | Thursday, November 5, 2026 Public Affairs | National Debt | Economic Policy | Government Accountability ABUJA, NIGERIA — President Bola Ahmed Tinubu has submitted a revised external borrowing request of approximately $7.7 billion to the National Assembly, replacing an earlier proposal involving $20.52 billion and €1.045 billion. The revised request was presented during Senate plenary on Wednesday, November 4, 2026, when Senate President Godswill Akpabio read the President's communication to lawmakers. The proposed borrowing, valued at approximately ₦10.79 trillion using the budget exchange rate, is intended to finance part of the Federal Government's 2026 budget deficit. The announcement represents a significant revision of the government's external financing proposal. However, it does not...