I'll Do Again 2 Things That Made Them Overthrew Me In 1985 - Buhari Drops New Year BOMBSHELL

President Muhammadu Buhari has restated his resolve to oppose the devaluation of the naira and increase in fuel price.

According to TheCable, the president stated his resolve in Abuja on Friday night at the 2016 regimental dinner organised by the presidential brigade of guards.

The annual event is organised to mark the end of drilling year of the commission – and it is also an opportunity for officers to “mingle” with their commanders.‎

Buhari said that his stance against the devaluation of the naira and fuel price increase precipitated his overthrow as military head of state in 1985.

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“I have resisted the devaluation of the naira, increase of the petroleum products, among others,” he told the soldiers and officers.

“When I was military head of state, I rejected similar advice by the IMF and World Bank to devalue the naira.

“I refused and gave my reasons and the next thing I knew I was removed and detained for three and a half years.

“As a civilian president, I will do my best and I’m telling you all these because you are part of the leadership of this great country and God willing we will remain great,” he added.

At present, the official exchange rate of the naira is N300/$1, while it is N495/$1 at the black market. It was officially N197/$1 when Buhari assumed office in May 2015.

The pump price of petrol was N86.50 and has increased to N145.

BREAKING: Court Restrains NLC, TUC From Going On Strike Tomorrow

The National Industrial Court of Nigeria, Abuja presided over by Honourable Justice Babatunde Adeniran Ademjumo,OFR,  this morning granted an Interim Order of Injunction restraining The Nigeria Labour Congress, Trade Union Congress and other affiliates labour unions from embarking on planned strike slated to commence tomorrow.

The court ruled that the Defendants/Respondents, their agents, privies, employees, workmen, or servant from embarking on industrial action , demonstrating or engaging in any action may disrupt the economic activities of the country pending the hearing and determination of the motion on notice, News Punch has learnt

A Factional NLC led by Joe Ajaero has also opted out from the planned strike

The labour Court in Suit No.NICN/ABJ/179/2016 between Federal Government of Nigeria and the Attorney-General of the Federation versus Nigeria Labour Congress and Trade Union Congress (T.U.C) ruled that the worker should not embarked on the planned strike

The Federal Government was represented by the Honourable Attorney-General of the Federation and Minister of Justice,Abubakar Malami, SAN ; Chief O.O.Obono-Obla , Special Assistant to the President (Prosecution), office of the Honourable Attorney General of the Federation and Dayo Apata, Director, Civil Litigation, Federal Ministry of Justice.

The Honourable Attorney General of the Federation submitted that if the reliefs sought in the motion paper is refused irreparable damage will be occasioned to the country national economy, security and corporate existence. He further submitted that the Defendants having threatened to shut down the country have to be restrained otherwise there will be a breakdown of law and order. 

The Honourable Justice Adejumo held that he has jurisdiction to hear the application and that having read through the affidavits in support of the application he is satisfied that a case of urgency has been established by the Federal Government of Nigeria to warrant the grant of an interim order of injunction. He said the threats of the Defendants as contained in the communique issued by the Defendants on the 29th May to shut down all banks ; airports, seaports ,government offices ,markets nationwide has proven that there is a res to be protected .

Related Latest Post: A Factional NLC led by Joe Ajaero has also opted out from the planned strike

Photos of Bishop-Journalist's Solo Protest Against Fuel Hike in Osun Today

Bishop Seun Adeoye of the Sufficient Grace and Truth Ministry in Osogbo, Osun state, today May 16th staged a one-man protest against the increased pump price of petrol. 

Adeoye who is a former Chairman of the Nigeria Union of Journalists, Osun State chapter, started his protest from the Osun State Government House and walked around some parts of the state before stopping at Olaiya street where he addressed some journalists.