The Central Bank of Nigeria (CBN) says it plans to double the Targeted Credit Facility (TCF) from the initial N149.21 billion to N300 billion following the resounding success recorded in the disbursement of the Covid-19 loans to the applicants. In his keynote address at the 2nd virtual seminar for Finance Correspondents and Editors at the weekend, the Governor said the Bank took the decision in order to accommodate many more beneficiaries as well as boost consumer expenditure which would positively stimulate the economy. He disclosed that the CBN initially created a N150 billion Targeted Credit Facility (TCF) for affected households and small and medium enterprises through the NIRSAL Microfinance Bank, adding that already, N149.21 billion has been disbursed to 316,869 beneficiaries. “Given...
Gov. Kayode Fayemi of Ekiti State has suspended the ongoing teachers recruitment exercise over economic crisis posed by the Coronavirus (COVID-19) pandemic. The governor directed immediate refund of money paid by successful candidates in the recruitment exercise conducted by the State Teaching Service Commission (TESCOM). Mr Babatunde Abegunde, Chairman of TESCOM, who made this known in Ado Ekiti on Thursday said the directive was due to the commitment of the governor to the general welfare of the people in the state and the need not to make new entrants into the public service suffer unduly. The News Agency of Nigeria (NAN) reports that about 100 candidates may have been affected by the directive. Abegunde explained that monies to be refunded covered those paid by the candidates for the p...
The Global Peace and Life Rescue Initiative (GOPRI), has condemned the abduction of 39 students of Federal College of Forestry Mechanisation, Afaka, Kaduna State, who were abducted by bandits on Friday. The group urged Kaduna State Governor Nasir el-Rufai not to negotiate with bandits. In a statement by its Executive Director, Ambassador Melvin Ejeh, the group said the abduction was orchestrated to blackmail el-Rufai over his position on non-negotiation with bandits. According to the group, no responsible government should negotiate with terrorists. It hailed the governor for his prompt response that resulted in the rescue of 180 distraught students and members of staff of the school. It expressed optimism that the remaining 39 students still not accounted for would soon be rescued. The st...
Benue State Governor Samuel Ortom, says his administration will no longer negotiate with or grant amnesty to criminals under any guise in the state. Ortom stated this on Saturday in Anyiin, Logo Local Government Area of the state at the burial of Mr Terkura Suswam, the slain elder brother of former governor, Sen. Gabriel Suswam. Newsmen reports that Suswam was killed along with his aide, Mr Solomon Utanor on March 2, close to his residence in Anyiin. The governor condemned the crime rate in Logo, Ukum and Katsina-Ala, reiterating his determination to end all forms of criminalities in the state. “There is no more amnesty, no more negotiation with them, (criminals) except they come back like the prodigal son and plead for forgiveness,’’ he said. According to the governor, the State Security ...
Mr Steven Onyekwelu, Spotlight Project Manager, United Nations Educational, Scientific and Cultural Organisation (UNESCO), on Monday, said President Muhammadu Buhari demonstrated great inclusion of women in governance. Onyekwelu said this at the occasion of the International Women’s Day (IWD) in Abuja, with the theme of this year’s celebration “Choose to Challenge.” The project manager said UNESCO was satisfied with President Buhari’s commitment to women empowerment and equality. “We are satisfied, as a matter of fact, His Excellency the President is doing a lot to ensure that inclusion in every area, in terms of governance, education, in terms of health, women are included,” he said. The UN official, who congratulated women on the IWD, noted that UNESCO had through the spotlight project, ...
State governments controlled by the All Progressives Congress, have reiterated commitment to implementing a recommendation to grant nursing mothers 180 days (6 months) leave. This was contained in a communique issued after a virtual meeting with the theme: ‘Developing Common Policy Initiatives on Maternal & Child Nutrition Promotion in APC States,’ held by Secretaries to Governments of APC controlled states on Thursday. The communique, which was signed by Alhaji Adamu Fanini and Prof Danladi Atu, the SSGs of Jigawa and Plateau States, respectively, was made available to newsmen in Abuja, on Monday. It read in part, “Because of the significant role parental support plays in the lives of children and the need to enhance the health of nursing mothers, APC States are committed to implement...
Rumble in Edo as governor runs government without cabinet
Precisely 129 days into his second tenure as governor of Edo State after his election on September 20, 2020 and inauguration on November 12, 2020, Godwin Obaseki, has not formed his cabinet. This has generated some flaks from different quarters, including the opposition party, All Progressives Congress (APC), constitutional lawyers, political analysts, public commentators, residents among others. While others feel that Obaseki has not committed any crime or breached any law, others believe that he is running a one-man administration and must go ahead to form his cabinet. They argued that going by Section 192 of the 1999 Constitution, the governor is obliged to form a cabinet, saying this is a circumvention, which the state House of Assembly should take action on. Obaseki had said that his ...