Economic Development
Ghana Signs Agreement with the African Development Fund for Solar Project
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Ghana Signs Agreement with the African Development Fund for Solar Project
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Payroll fraud: Gombe approves N1.49 billion for biometric system installation
The Gombe State Government has approved the sum of N1.499 billion for the supply and installation of biometric attendance system to check payroll fraud in the state’s civil service. Muhammad Magaji, the state’s Commissioner of Finance and Economic Development, stated this, on Wednesday, while addressing newsmen after the 12th State’s Executive Council meeting. Magaji said the initiative tagged “Gombe state Integrated Payroll Payment Gateway and Human Resource Management Information System’’ would help to reduce, if not eliminate, payroll fraud. According to him, when installed, the system would increase transparency in the payment of salaries and pensions, as well as effectively manage the state’s human resource capacities at both state and local government levels. He stated that the initi...
Femi Falana: EFCC can mandate bank MDs, executives to declare assets
The Economic and Financial Crimes Commission (EFCC) is charged with the responsibility of enforcing the provisions of all laws relating to economic and financial crimes, Africa’s leading human rights lawyer, Mr. Femi Falana (SAN) has said. Consequently, according to the senior advocate, the anti-graft commission is empowered to cause investigations to be conducted into the properties of any person as stipulated under Section 7 (1) (b) of the EFCC Act, 2004. Also yesterday, Transparency International (TI) argued that if the provisions of the Bank Employees, etc. (Declaration of Assets) Act, 1986 were effectively enforced, Nigeria could save between $15 billion and $18 billion illicit financial flows (IFFs) annually. Falana clarified the roles of the EFCC in a response to inquiries on whethe...
President Buhari appoints Adedeji Zacch as NSDC scribe
President Muhammadu Buhari has approved the appointment of Mr Adedeji Zacch as the Executive Secretary of National Sugar Development Council (NSDC) for an initial term of four years. Buhari made the announcement in a statement on Thursday by Mr Willie Bassey, Director of Information, office of the Secretary to the Government of the Federation. The statement said that Zacch’s appointment was in accordance with the provision of Section 5 (1) of the National Sugar Development Council (Establishment Act, 1993). Newsmen report that Zacch holds a Bachelor of Science degree in Management and Accounting and Masters degree in Accounting from the Obafemi Awolowo University, Ile-Ife, Osun. He also holds Executive Certificate in Economic Development from Harvard, Kennedy School of Government, Boston, ...
Zimbabwe authorises Sputnik V, Sinovac vaccines for emergency use
Zimbabwe has authorised the emergency use of four Covid-19 vaccines, including Russia’s Sputnik V and China’s Sinovac, the minister of information said on Tuesday. The southern African nation last month rolled out its Covid-19 vaccination programme after receiving a donation of 200 000 doses of shots from China National Pharmaceutical Group (Sinopharm). Last week, India announced that Zimbabwe had become the first African country to authorise the use of its Covaxin vaccine. The Medicines Control Authority of Zimbabwe has authorised the use of Sinopharm and Sinovac shots from China, Russia’s Sputnik V and India’s Covaxin, the information minister Monica Mutsvangwa said in a post-Cabinet briefing. “All Covid-19 approved vaccines will be procured through the National Vaccine Procurement Fund ...
Dan Orbih: Osagie Ize-Iyamu’s SIMPLE agenda cannot solve economic problems
Chairman of Edo State Peoples Democratic Party (PDP) Campaign Council, Chief Dan Orbih, has urged voters in the state not to be deceived by the litany of lies and propaganda of the All Progressives Congress (APC) and its candidate, Osagie Ize-Iyamu ahead of the September 19, 2020, gubernatorial election, saying that the APC candidate’s ‘Simple Agenda’ manifesto can’t solve the huge problems created by former Governor Adams Oshiomhole. Orbih who spoke to the party’s faithful in wards 3, 4, 7 and 10, in Esan West Local Government Area of the state weekend, said the forthcoming election was not just about Obaseki but the future, progress and development of Edo State. He appealed to the people to cast their votes en-masse for Governor Godwin Obaseki and his deputy, Comrade Philip Shaibu, to fu...
