Buhari Pledges Devotion to Infrastructural Development in Nigeria

InfrastructureBuhari Pledges Devotion to Infrastructural Development in Nigeria

Beloved John (Staff Writer)November 11, 2021

Citizens would be able to look after themselves when infrastructure is adequately provided in the country according to president Mohammed Buhari. He said this on Thursday during his meeting with Mohammed Al-Jasser, the president of the Islamic Development Bank (IDB), at the sidelines of the Paris Peace Forum in France. This was documented in a statement by Femi Adesina, the presidential spokesperson. The president pledged that his administration will stay devoted to providing infrastructures for...

CONTINUE READING
No Party Should Impose its Processes on Another — PDP

PoliticsNo Party Should Impose its Processes on Another — PDP

Beloved John (Staff Writer)November 10, 2021

The Peoples Democratic Party (PDP) has kicked against the approval of the conference committee report on the electoral act amendment bill. The report which was approved by the National Assembly on Tuesday stipulates that all political parties must use the direct primary mode in picking candidates. Reacting to this, the opposition party in a statement argued that no political party has the right to impose its processes on another. Kola Ologbondiyan, its national publicity secretary,...

CONTINUE READING
Buhari Urges French Companies to Jump at Investment Opportunities in Nigeria

NewsBuhari Urges French Companies to Jump at Investment Opportunities in Nigeria

Beloved John (Staff Writer)November 10, 2021

President Muhammed Buhari has assured foreign companies of a safe and smooth environment for businesses to thrive in the country. Buhari urged French companies to take advantage of the investment opportunities in the country. He made the appeal during the Nigeria International Partnership Forum in Paris on Wednesday. He affirmed that the France-Nigeria bilateral relations are currently at best and advised french business owners to take advantage of the opportunities available. ”I can assure you...

CONTINUE READING

EconomyMoneySenate Grants Buhari’s $16bn, €1bn Loan Requests

Beloved John (Staff Writer)November 10, 2021

ABUJA — Two loans of $16,230,077,718 and €1,020,000,000 requested by President Muhammadu Buhari has been approved by the Nigerian Senate. The upper legislative chamber also approved grant components of $125 million. According to the chairman of the Senate committee on local and foreign debts, Clifford Ordia, the projects for which funds had been requested for in the 2018-2020 borrowing plan are currently ongoing. According to him, these projects will stimulate a rebirth of commercial and engineering activities...

CONTINUE READING
Why Empowerment Can’t Tackle Unemployment — Sunday Dare

JobsWhy Empowerment Can’t Tackle Unemployment — Sunday Dare

Beloved John (Staff Writer)November 9, 2021

ABUJA — The minister of youth and sports development, Sunday Dare has said empowerment cannot be used to combat the problem of unemployment in the country. Speaking before the house of representatives committee on youth development on Monday, Dare indicated that the ministry has gone beyond offering empowerment programmes to investing in youths across the country. “We have a massive youths population, most of them waiting for opportunities for digital skills to upscale themselves, for...

CONTINUE READING
Allocate Some Percent of Recovered Loot to Justice Ministry — Malami

CorruptionCrime & SecurityAllocate Some Percent of Recovered Loot to Justice Ministry — Malami

Beloved John (Staff Writer)November 8, 2021

ABUJA — Abubakar Malami, minister of justice and attorney-general of the federation (AGF), has asked the house of reps to allocate some percentage of recovered loots to his minister, saying the ministry is in dire need of improved funding. Malami made the demand on Monday when he appeared before the house of representatives committee on justice to defend the 2022 budget proposal of the ministry of justice. According to him,  poor funding is dangerous for...

CONTINUE READING
Food Inflation Caused by Insecurity — Magashi

FoodNational SecurityNewsFood Inflation Caused by Insecurity — Magashi

Beloved John (Staff Writer)November 8, 2021

ABUJA — The minister of defence, Bashir Magashi, has said the food influx in Nigeria is triggered by the country’s security situation. The minister disclosed this at the opening of a retreat for defence advisers/attaches, organised by the Defence Intelligence Agency (DIA) in Abuja. According to him, the attacks by bandits,  Boko Haram insurgents, the Islamic State in West Africa Province (ISWAP) and other outlaw gangs poses serious security threats to Nigeria. The threats currently...

CONTINUE READING
Agric Minister Says Nigeria Customs Cannot Fight Rice Smuggling Alone

AgricultureBusinessAgric Minister Says Nigeria Customs Cannot Fight Rice Smuggling Alone

Beloved John (Staff Writer)November 8, 2021

Mohammed Abubakar, the minister of agriculture and rural development, has vowed to ensure that his ministry maintains a good relation with security agencies to reduce the illegal importation of rice through land borders. He said this at a meeting of the steering committee of the national task force on illegal importation. This is according to a statement from the ministry’s senior information officer, signed by Mabel Mbosire. Abubakar stated that the improvement of the rice...

CONTINUE READING
CBN Spends N58.6bn to Print N1.06trn

EconomyMoneyCBN Spends N58.6bn to Print N1.06trn

Beloved John (Staff Writer)November 6, 2021

LAGOS  — The Central Bank of Nigeria (CBN) spent a sum of N58.618 billion on printing 2.518 billion of naira notes, valued at N1.06 trillion in 2020. This was disclosed in a report released by the apex bank on Thursday. The report 2020 currency operation annual report indicated that there has a decrease in the bank’s expenditure on currency printing, which stood at N75.5 billion, in 2019 and N64.0 billion, in 2020 “The total cost...

CONTINUE READING
Reps to Probe Alleged N1.1bn Deducted from Culture and Tourism 2021 Budget

CorruptionNewsPoliticsReps to Probe Alleged N1.1bn Deducted from Culture and Tourism 2021 Budget

Beloved John (Staff Writer)November 5, 2021

ABUJA — The House of Representatives committee on culture and tourism has vowed to probe into the alleged deduction of N1.1 billion from the 2021 budgetary allocation for culture and tourism. The committee reached the resolution on Thursday during a sitting in Abuja. Omoregie Ogbeide-Ihama, chairman of the committee, confirmed the committee’s resolution to set up a sub-panel would be probe into the alleged alteration in the 2021 budget. He assured that the committee will...

CONTINUE READING

Newer Posts

Older Posts

WP2Social Auto Publish Powered By : XYZScripts.com