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Colonel Umar: Blame President Buhari for separatist agitations

Former Military Administrator of Kaduna State Colonel Abubakar Umar (rtd) has blamed President Muhammadu Buhari and the Federal Government for separatist agitations threatening national unity. The current administration, he said, has failed to unite the country. Umar also lambasted the government for what he described as undue attention to threats of separatist movements in contrast to the more daunting threats posed by bandits, kidnappers and insurgents in the North West, some parts of North Central and North East. In a statement on Wednesday titled: ‘Nigeria; A Nation Challenged,‘ the former MILAD said the best way to unite a diverse and fragile nation like Nigeria is through justice, fairness and equity. He stated the current administration has so far exhibited poor skills management of...

Alhassan Yusuf speaks on transfer, new agent

Alhassan Yusuf has spoken for the first time on a transfer away from Swedish club IFK Goteborg just as he also commented on changing of his agents. Newsmen reported that newly-promoted Premier League club Brentford and Scottish champions Rangers have already contacted Goteborg on the availability of their star midfielder. “I know nothing about it. Because now the focus is only on my matches here, so we’ll see what happens,” Yusuf told Goteborgs-Posten when asked about these interests. “As I said: Right now the focus is only on the matches, then we will see if anything comes. You do not know.” ‘Hasse’ has a year left on his contract with his Swedish club and he said he has not started discussions about an extension. The player also confirmed he recently changed agents. He said he changed fr...

Naira appreciates at N493 to dollar in parallel market

The naira, on Thursday, appreciated by 1.8 percent to N493 to a dollar at the parallel market as the Central Bank of Nigeria (CBN) increased forex supplies to banks. The local currency, which opened at N502 per dollar, gained N17 to N485 during midday trading before closing at N493/$1, according to data on abokiFX.com, a website that collates parallel rates in Lagos. It also appreciated against the pound sterling to close at N710 and N600, gaining N3 and N6, respectively, on the street. At the importer and exporter (I&E) window, it appreciated 0.13 percent to close at N411.50 to the dollar. Last week, Godwin Emefiele, CBN governor, met with bank CEOs and agreed to increase the amount of foreign exchange allocated to banks to meet legitimate needs. Emefiele cautioned them to ensure that...

Africa on cusp of the third wave of coronavirus facing a vaccine shortage

Africa is heading into a third wave of coronavirus infections as the least-inoculated continent faces a shortage of vaccines. African nations reported 94,000 new cases in the week through June 6, a 26% increase. South Africa announced the most new cases, followed by Tunisia, Africa Centres for Disease Control & Prevention Director John Nkengasong said in an online briefing Thursday. “Fourteen or so of our member states are now heading toward the third wave, and aggressively so,” he said. “It really highlights the need for us to roll out vaccines at speed and at scale.” Only 2.8% of Africa’s population is inoculated, compared with a global average of 14.5%, according to Africa CDC and Bloomberg Economics data. The program has slowed because of interruptions to supply from India, where m...

NDLEA intercepts 4.9 million capsules of Tramadol

The National Drug Law Enforcement Agency (NDLEA) on Wednesday said it intercepted 4,995,200 capsules of tramadol weighing 2,498.2kilogrammes at the Onne port, Port Harcourt, Rivers State. The spokesperson of the agency, Femi Babafemi, disclosed this in a statement in Abuja. He said efforts by the NDLEA to block access and availability of illicit substances led to the interception of the container conveying the illicit drugs. Babafemi said the seizure of the illicit drug concealed in 1,387 cartons on Tuesday, May 18 followed a joint examination by NDLEA operatives and Nigeria Customs Service (NCS) personnel. He said the drugs were concealed in a container marked MRKU 0764717 which had been on the agency’s watch list. In another development, a 42-year-old man, Muntari Hamidu, has been arrest...

Sustaining economic empowerment through financial inclusion, energy access

Financial inclusion and provision of sustainable energy is at a turning point in Africa’s largest economy, Nigeria. With a population of over 200 million, about 50 per cent of the total population live in rural areas, and only 39 per cent of those living in rural communities have access to electricity. This is in addition to over 40 per cent of the entire population who are financially excluded or underserved. However, the proliferation of digital financial services in Nigeria – powered largely by growth in fin-tech companies – has catalysed an unparalleled increase in the current number of people with access to formal financial services, while further opening up opportunities to address power supply challenges across rural communities; a major feat instrumental towards achieving the broad...

Nigerian farmers raise alarm as insecurity threatens food availability

Some concerned parties in the agriculture sector have appealed to the federal government to intensify efforts in curbing banditry, kidnapping and terrorism, as these can threaten food security. The parties made the appeal in separate interviews with newsmen on Friday in Abuja. They noted that the recent increase in kidnapping and banditry had made a lot of farmers run from their farmlands in search of safe hideouts. The Executive Secretary, National Agricultural Land Development Authority (NALDA), Paul Ikonne, said there was a need to urgently address the insecurity challenges in the country in order to overcome the challenge of food shortage. Ikonne noted that dialogue remained critical in addressing issues of insecurity and herders, adding that a peaceful dialogue between farmers and her...

CBN governor vows to block maize importation

Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele on Thursday vowed to resist importation of maize as Nigerians have the capacity and capability to grow the crop locally to meet consumption demand. On that note, he has urged youths across the country to embrace agriculture, declaring the bank’s readiness to support those ready to venture into it. Emefiele made the declaration in Katsina at the unveiling of the first maize pyramid and flag-off of the 2021 maize wet season farming under the CBN-Maize Association of Nigeria (MAAN) Anchor Borrowers’ Programme. He averred that Nigerian youths could leverage their talents, along with technological tools to improve farm productivity and delivery of agricultural produce to markets. While noting that agriculture offered significant benefi...

Ex-President Obasanjo: Investment in agric will curb youth restiveness

Former president Olusegun Obasanjo, has advised the Federal Government to invest sufficiently in agriculture as a strategy to curb youth restiveness in the country. Obasanjo, who spoke yesterday in Abuja, at the flagged off of new tractors to boost farm mechanization in the country, said agriculture stands in good stead in boosting the country’s earnings. Represented by the Emir of Keffi, Alhaji Shehu Chindu Yamusa, he said: “investment in Agriculture is key to sustainable economic growth and development. Agriculture is the only way to engage the youth and make them productive.” He hailed the All Farmers Progressive Association for the laudable project of contributing significantly to alleviate the sufferings of Nigerians through sustainable modern agro technology. Meanwhile, President of ...

Minister: Nigeria needs N1.89 trillion to eradicate malaria

The federal government has said that it will require N1.89 trillion to successfully implement the new five-year strategic plan aimed at eradicating malaria in Nigeria. It said that about N352 billion out of the amount is required for the year 2021 programme implementation. In his address to mark this year’s World Malaria Day, the Minister of Health, Dr. Osagie Ehanire, said the target set out in the National Malaria Strategic Plan of 2021 to 2025 is to achieve less than 10 per cent parasite prevalence and reduction in mortality attributable to malaria to less than 50 deaths per 1,000 live births by 2025. He said: “The implementation of the New Strategic Plan will cost N1.89 trillion. About 63.1% of the total amount will be used to support Chemoprevention, diagnosis and treatment, while 35....

Akwa Ibom wins CIRDDOC 2020 best budget transparency award

In a move that gives credence and endorsement of the commitment of the Udom Emmanuel led administration in ensuring openness, transparency and accountability in budgeting and governance, the Akwa Ibom State Government has been ranked one of the best performing states in the 2020 sub-National Budget Transparency Survey. The survey which was conducted by the Civil Resource Development and Documentation Centre (CIRDDOC) to ascertain the level of budget performance by states of the federation revealed that Akwa Ibom and four other states topped the budget performance index for the year, 2020. The Nigerian States Budget Transparency Survey Report also revealed that Akwa Ibom and some other Nigerian States have significantly improved budget transparency and participation, and has improved the ro...