Soludo To Create 1000 Millionaires Yearly – Anambra Youth Commissioner

EconomyJobsSoludo To Create 1000 Millionaires Yearly – Anambra Youth Commissioner

PilotnewsJune 18, 2022

By Handel Patrick (Staff Reporter) AWKA — The Commissioner for Youth Development and Creative Economy Hon. Patrick Aghadinuno Mba has disclosed Governor Charles Chukwuma Soludo’s commitment and determination to create one thousand youth millionaires annually in Anambra state. Mba who made the disclosure during an exclusive interview with our correspondent at the Government House, Awka said the Governor’s commitment to creating one thousand youth millionaires annually in Anambra is clearly captured in the 2022 revised...

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World Bank Seeks Accelerated Implementation of NG-CARES by States

CoronavirusEconomyNigeriaWorld Bank Seeks Accelerated Implementation of NG-CARES by States

PilotnewsJune 17, 2022

ABUJA — The Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES), has urged the 36 states of the federation and the Federal Capital Territory (FCT) to accelerate the implementation of the programmes. Prof. Foluso Okunmadewa, the World Bank, Lead Specialist, Social Protection, and Task Team Leader for NG-CARES, made the call at a two-day implemention status review meeting with States’ Coordinators on Thursday in Abuja. The News Agency of Nigeria (NAN) reports that NG-CARES is...

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FG Begins Digitisation of Conditional Cash Transfer in Lagos

BusinessMoneyFG Begins Digitisation of Conditional Cash Transfer in Lagos

PilotnewsJune 17, 2022

LAGOS — The Federal Government on Thursday began the digitisation of the Conditional Cash Transfer (CCT) process in Lagos, so as to enhance the programme. Mrs. Yetunde Arobieke, the Lagos State Commissioner for Wealth Creation and Employment, said the digitisation would make payment to beneficiaries easier. Arobieke spoke at the flag-off of the Distribution of ATM Cards and Activation of Personal Identification Numbers (PINs) to Lagos State Conditional Cash Transfer Beneficiaries. She said that digitisation...

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Soludo Orders Registration of Wheelbarrows, Others To Increase IGR In Anambra

BusinessTaxationSoludo Orders Registration of Wheelbarrows, Others To Increase IGR In Anambra

PilotnewsJune 17, 2022

By Handel Patrick (Staff Reporter) AWKA — In what could be described as a move to increase the Anambra State’s internally generated revenue, Governor Chukwuma Soludo has ordered all wheelbarrow pushers, tricyclists, and motorists operating in the State to register with the state government. Soludo also directed all private motor park owners in the state to revalidate/recertify their parks before June 28 or face prosecution when enforcement would expectedly commence. This was contained in a...

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Finance Minister, Others Advocates For Removal Of Fuel Subsidy

EconomyNewsOil & GasFinance Minister, Others Advocates For Removal Of Fuel Subsidy

Hassan Umar Shallpella (Regional Correspondent)June 15, 2022

Minister of Finance, Zainab Ahmed, has called for the removal of fuel subsidy, saying the retention was hurting the economy and impeding investments in human capital development. Ahmed who spoke on Tuesday in Abuja at the launch of the Nigeria Development Update (NDU) 2022 report by the World Bank, said N4.5 trillion spent on subsidies would have been invested in health and education. NAN quoted Ahmed explaining that if subsidy was not in the budget,...

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FirstBank Gets $150m from Afreximbank to Support Businesses

BusinessMoneyNewsFirstBank Gets $150m from Afreximbank to Support Businesses

PilotnewsJune 14, 2022

African Export Import Bank (Afreximbank) has disbursed 150 million dollars to First Bank of Nigeria Ltd., under it’s Pandemic Trade Impact Mitigation Facility (PATIMFA). Group Head, Marketing and Corporate Communications, FirstBank, Mrs. Folake Ani-Mumuney, said this in a statement on Monday in Lagos. According to the statement, the President and Chairman of the Board of Directors of Afreximbank, Prof. Benedict Oramah, said the disbursement was further proof of the relevance of the programme in helping...

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Tecno Unveils Fireboy DML As Spark Ambassador

BusinessEntertainmentNewsTecno Unveils Fireboy DML As Spark Ambassador

By Ezinwanne Onwuka (Senior Reporter)June 9, 2022

Afrobeats award-winning artist, Adedamola Adefolahan, known professionally as Fireboy DML, has inked a new endorsement deal as the latest ambassador for Tecno Mobile. The smartphone brand unveiled the YBNL Nation artiste whose latest single, Playboy is currently making waves in the country as the brand ambassador for Spark, a Tecno smartphone model, on Wednesday. FIRE et SPARK  Welcome the one and only @Fireboydml to the #SPARK family – The SPARK AMBASSADOR Did you guess right? #SPARKxFireBoy...

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JUDGES SALARIES: At Least 60 SANs Besiege National Industrial Court In Abuja

JobsLaw & JusticeNewsJUDGES SALARIES: At Least 60 SANs Besiege National Industrial Court In Abuja

Hassan Umar Shallpella (Regional Correspondent)June 6, 2022

ABUJA — At least sixty Senior Advocates of Nigeria (SANs) have stormed the National Industrial Court in Abuja for a legal battle against the Federal Government on the poor salaries of Nigerian Judges. The senior lawyers are to battle the Attorney-General of the Federation (AGF), National Judicial Council (NJC) and the National Assembly (NASS) in a suit seeking for an order to compel the upward review of Judicial Officers payment. The senior lawyers, who came...

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African Development Bank Secures Additional €3.5 million For The Abidjan- Lagos Highway Project

AfricaBusinessNewsNigeriaAfrican Development Bank Secures Additional €3.5 million For The Abidjan- Lagos Highway Project

Hassan Umar Shallpella (Regional Correspondent)June 4, 2022

Chief Transport Economist, African Development Bank (AfDB), Lydie Ehouman has said that the bank has been able to secure an agreement for additional €3.5 million for the Abidjan- Lagos highway project. The Economic Community of West African States, ECOWAS project is aimed at creating a corridor of road linking five countries in the region. The countries are Nigeria, Benin Repulic, Cote d’Ivore, Togo and Ghana. The road when completed is expected to benefit 40 million...

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Over 1800 Shops Demolished In Abuja

MarketsNewsOver 1800 Shops Demolished In Abuja

Hassan Umar Shallpella (Regional Correspondent)June 3, 2022

Over 1800 shops and shanties belonging to Banbanbolas around Apo Dutse pantaker market Axis in the Nation’s capital have been demolished by the Federal Capital Territory Administration (FCTA). Comrade Ikharo Attah, Senior Special Assistant on Monitoring, Inspection and Enforcement to the minister of FCT said the pantaker market is an illegal market where over 4,000 shops and shanties would be demolished soonest. “The FCT Minister got intensive complaints of security challenges in the district and...

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