BUHARI, ABBAS, AKUME, OTHERS AMONG AS WIKE REVOKES ALLOCATION OF 762 FCT LANDOWNERS. (PHOTO).

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 𝐁𝐮𝐡𝐚𝐫𝐢, 𝐀𝐛𝐛𝐚𝐬, 𝐀𝐤𝐮𝐦𝐞, 𝐎𝐭𝐡𝐞𝐫𝐬 𝐀𝐦𝐨𝐧𝐠 𝐚𝐬 𝐖𝐢𝐤𝐞 𝐑𝐞𝐯𝐨𝐤𝐞𝐬 𝐀𝐥𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝟕𝟔𝟐 𝐅𝐂𝐓 𝐋𝐚𝐧𝐝𝐨𝐰𝐧𝐞𝐫𝐬 Nyesom Wike, the Minister of the Federal Capital Territory, has revoked the lands allocated to several prominent Nigerians, including former President Muhammadu Buhari, Speaker of the House of Representatives Tajudeen Abbas, and Secretary to the Government of the Federation George Akume, due to non-payment of Certificate of Occupancy fees. Also, 759 other prominent figures and organisations in Maitama II, Abuja. were also affected by the revocation which was for non-payment of Certificate of Occupancy. This was contained in a publication by the FCT Administration and made available to newsmen by the Special Adviser to the FCT Minister, Lere Olayinka. In a separate publication, the minister also threatened to revoke lands belonging to the Minority Leader of the House of Representatives, Kingsley Chinda; former presidents of the Sena...
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INDIA PLEDGED OVER Rs. 6,300 CRORE IN FINANCIAL SUPPORT TO HELP THE MALDIVES TACKLE IT FOREIGN EXCHANGE CRISIS. (PHOTO).

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 India has pledged over Rs. 6,300 crore in financial support to help the Maldives tackle its foreign exchange crisis. 

The decision came after a meeting between Maldivian President Mohamed Muizzu and Indian Prime Minister Narendra Modi. The financial package includes a $400 million or Rs. 3320 crore (approx) currency swap and 230 billion under the INR swap window, aimed at stabilizing the Maldivian economy. The two leaders also discussed expanding economic ties and maritime security cooperation, unveiling a new vision document to boost trade, defense, and surveillance in the region.


Prime Minister Modi emphasized India’s strong commitment to the Maldives, referring to the island nation as India’s “closest neighbour and steadfast friend.” This support marks a shift in relations between the two countries, as ties had previously cooled under President Muizzu’s earlier stance of reducing dependence on India in favor of China. However, Muizzu recognized India’s crucial role in assisting his country during tough times, particularly highlighting the new currency swap as essential for economic stability.


In addition to financial aid, the two leaders launched India’s RuPay card in the Maldives to encourage tourism and inaugurated a new runway at Hanimaadhoo international airport, built with Indian credit worth $132 million or Rs. 1095 crore(approx) India also handed over 700 housing units constructed with Indian support. These projects are part of a broader effort to deepen economic collaboration between the two nations. 

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