The Federal Government says it had no immediate plan to ban the importation of gas cylinders as part of its LPG expansion and implementation plan. Mr Dayo Adesina, Senior Special Assistant on Domestic Gas in the office of the Vice-President, made the disclosure in an interview with newsmen on Sunday in Abuja. He said that the government was working on first building local capacities before contemplating a ban. According to Adesina, who is also the Programme Manager of the National LPG Expansion and Implementation, Nigeria still has a lot of cylinder deficits to fill in meeting the LPG expansion plan. He explained that the plan was to get LPG to the remotest of villages and discourage use of firewood and other fuels that are inimical to the environment. Adesina said that of the nation’s ove...
The Presidency has attacked former Vice President Atiku Abubakar for his comment on the Bloomberg report that Nigeria may emerge the country with the highest unemployment rate in the world. The position of the Presidency was stated by the Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina, on a Channels Television programme: Sunday Politics, on Sunday. Adesina said the recent report released by the National Bureau of Statistics that 23.2 million Nigerians are unemployed was not new. He said: “You will recall that in the build-up to the 2015 elections, when the APC (All Progressives Congress) was campaigning, the figure that was used by then candidate Buhari was that a minimum of 30 million Nigerians were unemployed, particularly youths, and that his governme...
The Presidency has said that there was not a time when President Muhammadu Buhari promised to make N1 equivalent to $1. The Special Adviser to the President on Media and Publicity, Femi Adesina, said this on a Channels Television programme, Sunday Politics, on Sunday. Adesina, who also addressed complaints about the economy by Nigerians, including former Vice President Atiku Abubakar, said of the often quoted promise by Buhari to make N1 exchange for $1: “It does not exist, it is fake, it is false, it is apocryphal, it doesn’t exist.” He further told Channels Television that the Minister of Information and Culture, Alhaji Lai Mohammed, has debunked the claim several times and challenged anyone with clips and publications of the President promising such to make them available. On the critic...
The President, African Development Bank (AFDB), Dr Akinwumi Adesina, has appealed to the Federal Government to deepen investment in youth, to enable them put their entrepreneurial ingenuity to good use. Adesina, who spoke virtually at the 2020 Nigerian Prize for Leadership at the weekend in Abuja, noted that Nigerian youth are plagued by plethora of challenges like unemployment, limited technical and vocational skills, limited inclusion in the socio-political space and lack of finances to develop their businesses. “No nation is perfect. But those who learn from history become greater. Events repeat itself twice when people do not learn. As a nation, Nigeria should do everything possible to invest and reinvest itself by focusing on the youth. “Today, we have 206 million people, 70 per cent ...