CBN to Finance 1.6 million Farmers For 2020 Farming Season

EconomyNewsNigeriaCBN to Finance 1.6 million Farmers For 2020 Farming Season

Beloved John (Staff Writer)June 9, 2020

The Central Bank of Nigeria (CBN) has offered to fund 1.6 million farmers across the country in the 2020 wet season using its Anchor Borrowers Programme (ABP). CBN Director, Development Finance Department, Yila Yusuf disclosed this on Tuesday at the flag-off of Farm Inputs Distribution for cotton farmers in kwali, Abuja . The CBN director who was represented by Ayoola Quadri said the bank intends to finance the farmers under the bank’s 10 focal commodities...

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Reno Omokri’s “The Greatest Love of All…” Every Community Has A Candace Owens

Anthony Obi OgboColumnsNewsOpinionReno Omokri’s “The Greatest Love of All…” Every Community Has A Candace Owens

PilotnewsJune 9, 2020

“You kept your knee on our neck. We had creative skills, but we couldn’t get your knee off our neck. It’s time for us in George’s name to stand up and say, ‘Get your knee off our necks.’” – Rev. Al Sharpton Even the dead knows what is going on right now, that the world has been busy, taking the knee for George Floyd. From the streets, states, and counties, to nation-states, and at the...

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Over 200 truckloads of Yam Go Out of Zaki Biam Market, Every Week – Osinbajo

EconomyFoodNewsNigeriaOver 200 truckloads of Yam Go Out of Zaki Biam Market, Every Week – Osinbajo

PilotnewsJune 9, 2020

Vice President Yemi Osinbajo says over 200 truckloads of yam go out of Zaki Biam International Yam Market, Benue, every week. Osinbajo disclosed this on Tuesday in Zaki Biam, Ukum Local Government Area of Benue, during an online inauguration of the newly-reconstructed Zaki-Biam International Yam Market and Yam Storage Facility. News Agency of Nigeria (NAN)) gathered that the storage facility had the capacity of storing over 200,000 yams. The vice president said that over 70 per...

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Deputy Speaker, Majority Leader, Chief Whip, Others Disobey House Resolution

NewsNigeriaPoliticsDeputy Speaker, Majority Leader, Chief Whip, Others Disobey House Resolution

PilotnewsJune 9, 2020

No fewer than 47 members of the House of Representatives on Tuesday disobeyed a resolution of the House to dress in black in solidarity with rape victims across the country. The News  Agency of Nigeria (NAN) recalls that the House had on June 4, resolved to wear black in their next sitting scheduled for Tuesday in Abuja. Among the lawmakers who jettisoned the resolution were the Deputy Speaker, Rep. Ahmed Wase (APC-Plateau), and the Majority...

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Foundation Plans 1m Jobs for Nigerians, Africans

InvestingJobsNewsNigeriaFoundation Plans 1m Jobs for Nigerians, Africans

PilotnewsJune 9, 2020

An FCT based Empowerment foundation, Ventures Platform (VPF), says plans are in the pipeline to create at least one million jobs for Nigerians and other Africans in three years to reduce the level of unemployment on the continent. Mr. Mimshach Obioha, Executive Director, Ventures Platform Foundation (VPF) said this in Abuja on Tuesday in an interview with the News Agency of Nigeria (NAN) to mark the organisation’s fourth anniversary. Obioha said the jobs would be...

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Reps Move to Block Entry of Foreign Herdsmen into Nigeria

National SecurityNewsNigeriaReps Move to Block Entry of Foreign Herdsmen into Nigeria

PilotnewsJune 9, 2020

The House of Representatives has urged the Federal Government to put a halt to alleged entry of herdsmen from other African countries into Nigeria. This was sequel to a unanimous adoption of a motion by Rep. Ndudi Elumelu (PDP-Delta), at plenary on Tuesday. Moving the motion earlier, Elumelu said that in recent years, herdsmen had been on rampage, destroying farmlands, burning villages and killing innocent Nigerians indiscriminately in many states across the federation.  Elumelu said that...

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Weighing in On Hong Kong Security Law Fuss

Foreign PolicyOpinionWorldWeighing in On Hong Kong Security Law Fuss

PilotnewsJune 9, 2020

On May 27, 2020, the National People’s Congress (NPC) of China passed a decision to introduce a new national security law in Hong Kong to safeguard national sovereignty, unity, territorial integrity and the foundation of “one country, two systems”, though it will take effect in September. The security law sparked protests in Hong Kong and is generating global reaction over whether China has the right to legislate such legal framework or whether its move is...

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CBN Says It Will Disburse COVID-19 Fund 48-Hours After Approval

CoronavirusEconomyNewsNigeriaCBN Says It Will Disburse COVID-19 Fund 48-Hours After Approval

Bada Yusuf Amoo (Correspondent)June 9, 2020

The Central Bank of Nigeria has said that the COVID-19 Targeted Credit Facility would be disbursed to successful applicants who have submitted their account details within 48 hours of approval. This was disclosed on Monday in a statement signed by the Director, Corporate Communications of CBN, Isaac Okorafor. According to the CBN, the applicants are households and small and medium businesses that are hard hit by the COVID-19 pandemic. Okoroafo added that all successful applicants...

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Bill on Nigerian Local Content Passes 2nd Reading in Senate

EconomyNewsNigeriaOil & GasBill on Nigerian Local Content Passes 2nd Reading in Senate

PilotnewsJune 9, 2020

A bill for an act to enact the Nigerian Local Content act on Tuesday passed second reading in the Senate. This followed the presentation of the lead debate by the sponsor of the bill Sen. Teslim Folarin during plenary. The bill is entitled “A Bill for an Act to Enact the Nigerian Local Content to Provide for the Development, Regulation and Enforcement of Nigerian Content in all sectors of Nigerian Economy except in the Oil and Gas Sector and other matters...

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Troops Capture 166 Boko Haram Informants- Burutai

MilitaryNational SecurityNigeriaTroops Capture 166 Boko Haram Informants- Burutai

Ibrahim Abdul' Aziz (Correspondent)June 9, 2020

After two months in the North East with the troops, the Chief of Army Staff, Lt. Gen. Tukur Buratai, was at the Presidential Villa, Abuja where he met and briefed President Muhammadu Buhari on the security of the situation behind a closed door. After the close door meeting with the Chief of Staff, Professor Ibrahim Gambari in attendance, Buratai later told journalists that Nigerian troops had arrested 166 Boko Haram informants, neutralised 1,429 terrorists Fighters...

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