JONATHAN REDEPLOYS BABALOLA IN A MINOR CABINET RESHUFFLE.

                                                                      

President Goodluck Jonathan has announced a minor cabinet change, moving erstwhile Minister of State, Finance, Remi Babalola to Special Duties while the former Minister for Special Duties, Caleb Olubolade, takes over as the Minister of State for the Federal Capital Territory.

New ministers have also been appointed; they include Kenneth Gbagi as the Minister of State for Education, Yabawa Lawan as the minister of State for Finance and Salamatu Suleiman as the Minister of State for Foreign Affairs.

The new ministers were sworn-in today at the Federal Executive Council Meeting.

It would be recalled that Mr. Babalola as Minister of State, Finance had announced that the Nigeria National Petroleum Corporation, NNPC, is insolvent and cannot meet up it financial obligations.

According to Babalola, “NNPC is incapable of repaying the N450 billion owed to the Federation Account unless it is reimbursed the N1.156 trillion (in subsidies) it has requested from the federal ministry of finance,” he said.

But the Federal Government immediately distanced itself from Babalola’s claim, insisting that the Minister acted on his own as he may have been misinformed.

Advertisements

Contact Us…

Please send your Press Release/Articles/ Stories/Enquiries to: editor@newafricanpress.com

Views expressed herein are not necesarily that of  New African Press  but that of the individual writers. Facts and accuracies are the responsibilities of the authors. Please also note that some people may use pseudo names or generic emails, to which New African Press may not be able to verify. Therefore, an author’s identity should not be inferred on the basis of name, subject matter, or any other characterization presented here.

Pls leave your comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Disclaimer

This blog claims no credit for any images posted unless where otherwise stated. Images on this blog are copyright to its respectful owners. If there is an image appearing on this blog that belongs to you and you do not wish for it to appear on this site, please E-mail with a link to the image and it will be promptly removed.

%d bloggers like this: