Funds
Niger governor decries level of corruption in Nigeria
The Niger State Governor, Alhaji Abubakar Sani Bello, has decried the level of corruption in the country’s political and economic environment, insisting that corruption is endemic in all the facets of the nation’s life. Speaking at a two-day ‘Get involved leadership’ training in Minna Wednesday, Governor Bello said: “The problem with Nigeria today is enormous, every sector is corrupted. There is no country that can develop with the level of corruption we have. According to the governor, “When you have a system where only limited or few people are transparent, the system can never work.” He submitted that as a result of the high level of corruption in the polity, political positions either elective or those appointed have always gone to the highest bidder, a development he described as unac...
AMAC chief signs over N10 billion appropriation bill into law
AMAC Abuja Municipal Area Council (AMAC) Chairman, Abdullahi Candido, has signed the Council’s 2021 appropriation bill of over N10 billion to law. He said the legislators have in consideration of some important issues and reviewed the budget upward. Candido made this known at the AMAC Secretariat in Abuja while signing the bill into law. He, however, assured residents within the council area that the budget will give priority attention to existing projects, while also taking care of other things. Candido also appealed to Federal Capital Territory Administration (FCTA) to release shares of the internally generated revenue due to the Area Councils. He hinted that, the councils were democratically elected by the people, therefore it must be accorded all constitutional rights. According to him...
TUC opposes sale of Port Harcourt refinery
File Photo The Trade Union Congress (TUC) is opposed to the sale of the Port Harcourt Refinery as canvassed by many Nigerians, its secretary-general, Musa Lawan, has said. The Federal Executive Council last week approved $1.5 billion (about N600 billion) for the rehabilitation of the 210,000 barrels per day refinery. The FEC approved the amount at its virtual meeting presided by President Muhammadu Buhari. The approval came amidst a controversial price increase in the pump price of petrol that was later reversed. Although Nigeria has four refineries, all government-owned, it currently imports virtually all its refined petroleum products. The approval for the Port Harcourt Refinery was greeted with mixed feelings as the country in the past spent billions of dollars on refinery maintenance w...
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. ...
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...
NSF: 8,000 athletes, others to undergo coronavirus protocols – minister
Minister of Youth and Sports Development, Sunday Dare, says the 20th National Sports Festival in Edo will go ahead as planned from April 2 to April 14 under strict COVID-19 protocols. Dare also said that the reduced 8,000 athletes and officials for the Games would go through all the necessary COVID-19 protocols. The minister’s Special Adviser (Media), John Joshua-Akanji, quoted him as giving the assurance on Friday in Benin after a facility tour of the venue and meeting with Gov. Godwin Obaseki of Edo. Dare said the camp for the festival would open on April 2 while the official opening of the Games would be done by President Muhammadu Buhari on April 6. He said that said that the ministry was working with relevant health stakeholders to ensure that the COVID-19 safety protocols were observ...
Minister: National Sports Festival will go ahead in April
The 20th National Sports Festival billed for Edo State will go ahead as planned from April 2 to April 14, Minister of Sports Development and Youth, Sunday Dare, said. Dare also said the 8,000 athletes and officials participating in the Games would go through all the necessary COVID-19 protocols. Dare spoke in Benin after a facility tour of the venue and meeting with Gov. Godwin Obaseki of Edo. Dare said the camp for the festival would open on April 2 while the official opening of the Games would be done by President Muhammadu Buhari on April 6. He said that said that the ministry was working with relevant health stakeholders to ensure that the COVID-19 safety protocols were observed. “We are working closely with the PTF, NCDC and others to ensure that the necessary support we need in terms...
Minister confirms new date for National Sports Festival
The ministers of youths and sports development, Sunday Dare, yesterday confirmed April 2nd to April 14th as the new date for the 20th National Sports Festival to kick-off. He made the announcement during a visit to the Edo State Government House in Benin City, the Edo State capital. He also announced that Edo State will be used for the National Camp in preparation for the 2020 Tokyo Olympic Games taking place later this year. Dare said further that the Federal Government is determined to go ahead with the Unity Games which is the sequel to participation at the Tokyo Games. However, he noted that due to logistics under the circumstances occasioned by the COVID-19 pandemic, the number of athletes has been reduced from 14,000 to 8,000 athletes. Edo State Governor Godwin Obaseki in response as...
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...
ICPC drops forgery charges against ex-presidential aide
File Photo The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has amended the corruption and certificate forgery charges it filed against an ex-presidential aide, Okoi Obono-Obla. The amendment, coming less than two months after Obono-Obla and his co-defendants were arraigned by the commission, reduced the number of counts from 10 to five. The amended charges filed at the High Court of the FCT, in Apo, Abuja, on March 4 and seen by newsmen on Sunday, also revealed that the anti-corruption agency has backtracked on its allegations of certificate forgery sensationally levelled against Obono-Obla in 2019. Obono-Obla, a former special adviser to President Muhammadu Buhari on Prosecutions, was suspended by the President as the chairman of the Special Presidential Inv...
Manchester United linked with Nick Pope with club concerned Dean Henderson is ‘too inexperienced’
Manchester United are being linked with Burnley stopper Nick Pope this summer, with the club concerned that Dean Henderson is not ready to be the club’s number one. Following Henderson’s return from two seasons on-loan at Sheffield United in the summer, there has been constant debate over who should be the Red Devils starting goalkeeper, particularly with David De Gea having been inconsistent in the last 18 months or so. The majority of this campaign has seen the Spaniard remain as Ole Gunnar Solskjaer’s first-choice, with the younger Englishman largely having been deployed in domestic cup competitions. With De Gea granted leave to return to Spain for the birth of his first child last week, the 24-year-old has been handed the chance to impress with a run of games, although after a strong p...
Coronavirus: CBN doubles loan disbursement to N300 billion – bank governor
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...