As plans for next year’s budget begins to gather pace, the National Economic Council (NEC) has endorsed the 2022-2024 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) which was presented to it at an emergency meeting of the Council today. Besides the MTEF presentation, the NEC also updated its focus on the reports of the State Judicial Panels set up across the country after last year’s #EndSARS protests. Vice President Yemi Osinbajo, SAN, urged States where the panels are still sitting to also send interim reports so as to measure progress. According to the Vice President, in a statement by his media aide Laolu Akande, the reports are now being received ahead of a Council meeting where presentations would be made on them, both for States where the panels have conclude...
Industrial Training Fund The Director General of Industrial Training Fund (ITF), Joseph Ari, said President Muhammadu Buhari has provided quality leadership through Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo and his counterpart, Amb. Mariam Yalwaji Katagum which has unleashed innovations and creativity of various agencies under their control. Ari in a press statement signed by Director, Public Affairs Department, Suleyol Fred Chagu, in Jos on Friday after the formal presentation of the ITF Mobile Android GSM smart phone to President Muhammadu Buhari at the Presidential Villa, Abuja, credited the achievement to the inspirational leadership and support to the Ministers. He said the ITF mobile phone, which was comparable in quality to any other brand of Android...
The Director-General, World Health Organisation (WHO), Dr Tedros Ghebreyesus has solicited the support of G7 health ministers to meet vaccination targets by the end of the year. In his remarks at the G7 Health Ministers’ meeting in Oxford, Ghebreyesus appealed to the ministers to provide leadership for strengthening WHO on sustainable financing. “First, we seek your support for reaching our vaccination targets for September and the end of the year; sharing doses with COVAX now is essential for achieving those targets. “We need 250 million doses by September and we need 100 million doses just in June and July. “As G7 nations, you are in a unique position to pool doses and make this happen; second, we seek your leadership for strengthening WHO, including through sustainable and predictable f...
The Federal Government, yesterday, considered the deployment of Global Positioning System (GPS) across the six geopolitical zones, in a bid to monitor constituency projects and expenditure. It also considered a bottom-up approach in the siting and location of zonal/constituency projects to enhance and ensure ownership by the constituents. This was contained in a communiqué issued at a 2-day stakeholders’ interactive forum organized by the Ministry of Special Duties and Intergovernmental Affairs, yesterday in Abuja. The communiqué which was signed by Simon Tyungu, a Special Adviser to the Minister of Special Duties and Intergovernmental Affairs, George Akume, added that ICT platforms should be created for monitoring and evaluation of projects to reduce physical exercise. According to him, “...
Minister of Environment, Dr. Muhammad Abubakar, has called for the transformation of the food system to aid rejuvenation of soils and forest covers. Speaking at the 14th National Council of Environment virtually held with the theme: “Managing Emerging Environmental Challenges: Need for Strategic Approach to Sustainable Development in Covid-19 Era and Beyond,” the Minister said: “There is urgent need to transform our food system which has been the major factor in the issue of loss of biodiversity, fresh water and deforestation with its attendant effects on climate change. It is therefore, expected that pertinent issues of climate smart agriculture and agro ecological practices that will aid rejuvenation of soils and forest covers, among others,are discussed during this meeting.” He noted th...
Analysts have expressed concerns over a recent claim that the federal government resorted to printing money to augment the monthly allocation to the three tiers of government, warning that it could heighten inflationary pressure with dire consequences for the country’s exchange rate and economy. The analysts, in separate interviews with newsmen, warned that a sustained policy of printing the currency, if not well managed, would hurt the economy. The concern came on the heels of recent revelation by Governor of Edo State, Mr. Godwin Obaseki, that due to the dwindling revenue in the face of declining oil revenue arising from the growing sources of alternative sustainable energy, the federal government had to print money to augment the amount available for sharing by the federal, state and lo...