Exclusion
No Uefa hammer for gay supporting German skipper
The German FA has said it will not be punished by UEFA for the rainbow-coloured captain’s armband Germany skipper Manuel Neuer has worn during Euro 2020 in solidarity with gay pride this month. The German Football Association (DFB) said it has received a letter from European football’s governing body stating that a review of the matter has been stopped. “The armband has been assessed as a team symbol for diversity and thus for a ‘good cause’”, the DFB said on Twitter. Normally, the captains of each team at the European Championship are obliged to wear a standard armband issued by UEFA. Former Germany midfielder Thomas Hitzlsperger, who came out as gay after retiring in 2013 and is now head of sport at VfB Stuttgart, was unimpressed that UEFA were even looking into the armband matter. “Come...
Senate committee gets 14 days to process President Buhari’s N2.343 trillion loan request
The Nigerian Senate has given its Committee on Foreign and Local Debts 14 days within which to process President Muhammadu Buhari’s request for a fresh ₦2.343 trillion ($6.183 billion) for approval. Senate President Ahmad Lawan gave the directive at the commencement of Tuesday’s plenary session shortly after the Senate Majority leader, Yahaya Abdullahi, drew the attention of the Senate to the pending request. The Senator Clifford Ordia-led Committee on Foreign and Local debt had approved a total of $28 billion so far. The current request will take the total loan approved to $35.683 billion. Buhari had urged the Senate to approve N2.3 trillion ($6.183 billion) external borrowing. He said the loan was to finance the 2021 budget deficit of N5.6 trillion. The President indicated that the loan ...
Ebonyi governor: Some people in South-east think 2023 elections won’t hold
David Umahi, governor of Ebonyi state, says some people in the south-east region are convinced that the 2023 elections will not hold. Umahi said those with such a mindset believe that if elections do not take place, the national assembly will declare a state of emergency in the region. In recent times, the south-east has witnessed a spate of attacks on police stations and government facilities including offices belonging to the Independent National Electoral Commission (INEC) Speaking at the presidential ministerial press briefing on Thursday, Umahi said the country will remain together under the 1999 Nigerian constitution (as amended), noting that “until it is changed, nobody can do anything about it”. “A lot of people have been brainwashed in the south-east about Biafra. The Biafra I des...
U.K. to open first LGBT+ retirement home as market grows
Britain’s first LGBT+ retirement home is set to open in mid-2021, the housing association behind the London riverside apartments said, highlighting a growing market of older people who do not want to be forced back in the closet. There is a critical need for housing for older LGBT+ people, said Anna Kear, Chief Executive of Tonic Housing, as many say it would be “terrifying” to live in a predominantly straight home where other residents did not accept them. “People say that if they get to that stage, they would rather (die by) suicide than go into a heterosexual care home or sheltered housing environment, which is just awful,” she told the Thomson Reuters Foundation. With an ageing population, the demand for specialist housing for older people is growing, with private retirement units acco...
Akwa Ibom NASU demands inclusion in federal government’s incentives for teachers
File Photo The Non-Academic Staff Union of Educational and Associated Institutions, NASU, Akwa Ibom State has demanded inclusion in the incentives approved by the Federal government for teachers in primary and secondary Schools in the country. They made the demand on Wednesday when they marched from the entrance of the Indongesit Nkanga Secretariat to the State Universal Education Board (SUBEB) Secretariat to end their 3-day nationwide protest. Speaking at the SUBEB Secretariat, State Chairman of NASU, Comrade Aniefiok Simons, stressed that the exclusion of non teaching staff from the Federal government recent reforms in public primary and secondary Schools in the country was discriminatory and wrong. Simons called on all stakeholders in the Education sector to look into their plight, and ...
Nigerian government borrows over N2 trillion from bond investors in 2020
Leveraging on excess liquidity that persisted in the banking system and the near zero yields on treasury bills (TBs), the Federal Government, through the Debt Management Office (DMO), raised N2.1 trillion from investors in its monthly bond issuance programme in 2020. This represents 33 percent, year-on-year, (y/y) increase when compared with the N1.58 trillion raised by the DMO in 2019. The N2.1 trillion raised in 2020 also represents 31 percent more than the N1.6 trillion funding target for the DMO under the Revised 2020 Budget. Meanwhile, the monthly bond auctions conducted by the DMO in 2020 recorded 275 percent oversubscription, reflecting scramble for the high yielding FGN bonds by investors. Newsmen report on monthly bond auction results show that the DMO offered N1.825 trillion wort...
