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Mo Salah dreams of future La Liga action
Mohamed Salah has hinted his future could lie in Spanish football amid continued speculation the forward could leave Liverpool. The Premier League’s joint-top scorer this season is under contract at Anfield until 2023 but has been linked with a move elsewhere, with Barcelona and Real Madrid often touted as potential destinations for Salah if he were to depart Merseyside. Last year, the forward described the Spanish sides as two “great” clubs, but Jurgen Klopp later played down any transfer talk surrounding the Egypt international. Liverpool play Real Madrid in the quarter-finals of the Champions League in April as the two sides meet for the first time since 2018’s final in Kiev which finished 3-1 to the Spanish side and ahead of the games, Salah refused to rule out a future move to La Liga...
NBS: Nigerian government, states’ debt profile rise to N32.92 trillion
Nigeria’s total public debt portfolio as at December 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. It made the revelation in its Nigerian Domestic and Foreign Debt report for Quarter Four, 2020, obtained from its website on Monday in Abuja. It added that the debt profile was for the States and the Federal Government. According to the bureau, Nigeria’s total public debt showed that N12.71 trillion or 38.60 per cent of the debt was external, while N20.21 trillion or 61.40 per cent of the debt was domestic. “Further disaggregation of Nigeria’s foreign debt showed that 17.93 billion dollars of the debt was multilateral, 4.06 billion dollars was bilateral from the African Development Bank (AfDB), Exim Bank of China, Japan International Cooperation Agency (...
OPEC: Gas is vital to Nigeria’s future
The Organisation of Petroleum Exporting Countries (OPEC) says gas remains vital to Nigeria’s future in the global oil and gas sector. The OPEC Secretary General, Mohammad Barkindo, disclosed this on Monday in Abuja, at the pre-summit conference on “Decade of Gas”. He said that the move of the country to develop its huge gas deposit was a step in the right direction. “Gas is vital to Nigeria’s future, as is oil, and both will be fuels of choice globally for the foreseeable future and instrumental in facilitating the energy transition,” he said. The secretary-general said that the ‘Decade of Gas’ from 2021 to 2030 was likely to place Nigeria at the forefront of the vital global industry. Barkindo commended President Muhammadu Buhari’s effort as Head of Nigeria’s Delegation to OPEC, in the or...
Nigerian government mulls TCN’s unbundling, partial concession to boost power supply
The federal government is considering the unbundling and partial concession of the Transmission Company of Nigeria (TCN) to boost its efficiency in the government’s bid to improve power supply. Director, Energy, Bureau of Public Enterprises (BPE), Mr. Yunana Malo, said during the March edition of “the Electricity Hub” conversation series on power that the National Council on Privatisation (NCP) had directed that a proper strategy should be mapped out for the unbundling of TCN. He stated that the government believed that all the players in the energy value chain should be able to align with the needs of the power sector seamlessly, adding that the right environment is being created for the transmission component to match generation and distribution. Malo said data was key to making decision...
World Forest Day: Nigeria’s forests reduced to less than 25% – environmentalists
Some environmentalists on Monday said that unwholesome human activities had reduced the nation’s forest resources to less than 25 per cent. The environment experts made the assertion during an event in Lagos State to commemorate the 2021 World Forest Day, held every March 21, to raise public consciousness on conservation of forests. Newsmen report that the theme of the 2021 edition is “Forest Recovery, a Path and Wellbeing’’. The environmentalists, who envisaged danger as a result of depletion of forests, advised Nigerians to always replenish nature, whenever their activities caused violation of nature. At the event, Executive Director, Sustainable Research and Action for Environmental Development, Nigeria, Dr Leslie Adogame, said “with reduced forestry resources the human habitat is under...
Enugu community lament over dilapidated school classes
Residents of Aguobia-Nomeh, a community in Enugu state have expressed concern over the dilapidated conditions of the Community Secondary School. The school in Aguobia is a public junior and senior secondary located in Aguobia-Nomeh in Nkanu East local government area of Enugu State. Residents have on several occasion lamented the chronic state of the Community Secondary School calling for urgent repairs of the school class rooms but all efforts yielded no result. According to an indigene of the community, Michael Chigbo, the school was largely known as one of the best in the area before now. He recounted: “Community Secondary School, Aguobia Nomeh used to be one of the dream learning places most indigenes of Nkanu East LGA had wished to attend. “But today, it has become a different story. ...
NECA decries increase in Nigeria’s unemployment rate
Dr Timothy Olawale, Director-General, Nigeria Employers Consultative Association (NECA) has expressed concern of the association, at the growing unemployment rate, as released by the National Bureau of Statistics (NBS). Olawale told newsmen on Wednesday, in Lagos, that the recently released data by the NBS was worrisome. NAN also reports that a recently released Labour force report, published by the NBS shows that Nigeria’s unemployment rate as of the end of 2020, rose to 33.3 per cent from 27.1 per cent recorded as of Q2 2020. The report indicated that about 23,187,389 (23.2 million) Nigerians remained unemployed. “While the figure shows that the unemployment crisis is worsening at an alarming rate, it is also instructive to note that the socio-economic factors that increased the figure t...
UN: Around $1 billion needed for Nigeria humanitarian crisis
The United Nations estimated Tuesday that around $1 billion were needed to respond to the humanitarian crisis in northeast, where 5.1 million people are at risk of acute hunger. Despite ongoing military operations to end a decade-long jihadist insurgency, the conflict continues to kill and force people from their homes. “As many as 5.1 million people are threatened by acute hunger during the upcoming lean season – the worst outlook in four years,” the UN’s office for the coordination of humanitarian affairs said in a statement. Nigeria’s humanitarian community, in partnership with the government, launched its Humanitarian Response Plan for 2021, requesting $1.0 billion to provide humanitarian assistance, up from $839 million last year. In 2020, funding was severely affected by the Covid-19...
Senate president receives first dose of coronavirus vaccine, calls for more sensitisation
The President of the Senate, Dr Ahmad Lawan, took the lead at the National Assembly on Tuesday when he received the first jab of AstraZeneca COVID-19 vaccine. The vaccine was administered on him in his fourth floor office by his personal physician, Dr Muhammad Usman, while the vaccination card was presented to him by the Chairman, Senate Committee on Health (Secondary and Tertiary), Senator Ibrahim Oloriegbe. Speaking shortly after receiving the jab, Lawan called for more advocacy and sensitization on the vaccine, appealing to Nigerians to make themselves available for the vaccination. He congratulated the Presidential Task Force (PTF) on COVID-19 for working so hard to ensure that the vaccine is available for Nigerians. While urging the PTF to get more of the vaccine and variety of it in ...
PDP advises federal government against increasing pump price of petrol
The Peoples Democratic Party (PDP) on Friday advised the Federal Government against increasing pump price of petrol. The party in a statement by its National Publicity Secretary, Mr Kola Ologbondiyan, in Abuja said any contemplation to increase pump price of petrol to N212 would worsen the economic and social situations of Nigerians. This was in reaction to a debunk report that the Petroleum Products Pricing Regulation Agency (PPPRA) on Thursday night released a template that a litre of fuel would now be sold for prices ranging from N209 to N212 per litre for March. Ologbondiyan said that the N212 per liter reportedly contemplated in the March pricing template was not in the best interest of Nigerians. “It is a barefaced fact that there is no way that Nigerians can survive such hike in fue...
Price of garri soars in Enugu
ArewaLife Price of cassava flakes popularly called garri and regularly consumed by Nigerians have continued to increase in Enugu State, according to newsmen. NAN correspondent, who conducted a market survey in Enugu on Friday, reported that the price of the staple food has increased by 20 per cent between January and March, 2021. NAN reports that a 4.5 liter bucket of the food item now sells for between N1,100 and N1,400 as against between N900 and N1,000 sold in January, depending on the type. A visit to some markets in the state capital showed that a 4.5 liter paint bucket of white garri sold for N900 in January now went for between N1,100 and N1200. At the Ogbete, Garki and New Markets, a paint bucket of white garri is sold for N1,100 while the yellow garri of the same bucket goes for N...
NCC boss: Over $70 billion spent on telecoms infrastructure in Nigeria
Vox Media Over $70 billion have been invested in telecommunications infrastructure deployment in Nigeria since the liberalisation of the industry in 2001. The Executive Vice Chairman of the Nigerian Communications Commission, NCC, Prof Umar Garba Danbatta, who made this known said the amount represented a larger chunk of local and Foreign Direct Investment (FDI) attracted into the sector within the period. Danbatta made the remarks on Thursday while delivering the Bullion Lecture 2021 Edition organised by the Centre for Financial Journalism (CFJ), Lagos. According to him, the investment in infrastructures has boosted the economy and provided more opportunities for more Nigerians have access to telecoms services. “Today, the number of active telephone lines being used by Nigerians has signi...
