Initiatives
APC states to implement Security Trust Fund to address insecurity
In a bid to fight the increasing wave of insecurity in the country, All Progressives Congress (APC) controlled states are to strengthen the legal framework for the implementation of the Security Trust Fund (STF) by member States. This decision was reached at the 12th Quarterly meeting of Secretaries to Government of APC states in conjunction with the Progressive Governors Forum (PGF) in Lafia, Nasarawa State capital. The communique, jointly signed by the Nasarawa State Secretary to Government, Barr. Muhammad Ubandoma Aliyu and the Director-General of PGF, Salihu Moh. Lukman, issued at the end of the meeting and released to newsmen in Abuja on Saturday stated that States Chief scribes will continue to mobilize resources for the management of security challenges in the APC-controlled states....
Ekiti governor urges Nigerians to rise up, defend democracy
The Chairman of the Nigeria Governors’ Forum, and Governor of Ekiti State, Kayode Fayemi, has called on Nigerians to rise to the defence of democracy in Nigeria with a view to advancing the development of the country. Mr Fayemi made the call Tuesday in Abuja when he visited the Canadian Ambassador to Nigeria, Nicolas Simard, at his residence. The visit by the NGF Chairman was part of the Chairman’s shuttle diplomacy to representatives of the diplomatic corps in Nigeria, which is one of the initiatives of the Nigeria Governors’ Forum’s secretariat towards engendering inter-governmental synergy between global governments at the subnational level. Mr Fayemi’s visits on Monday took him to the residence of the Canadian ambassador to Nigeria, and the embassy of the People’s Republic of China and...
AfreximBank to support Ogun infrastructural development with $200 million
The African Export-Import Bank (Afrexim) has disclosed its plans to support infrastructural development in Ogun State with an envelope of $200m. The fund, according to the bank, will be dedicated towards projects and other developmental initiatives embarked upon by the incumbent administration in the state. The President and Chairman of the Board of Directors of the Afrexim Bank, Benedict Oramah, who made this known when he led management of the bank on a courtesy visit to Governor Dapo Abiodun at his Oke-Mosan Office, Abeokuta, on Monday, equally said the bank would partner Ogun on ensuring that the 250-bed Specialist Hospital, Abeokuta, is completed and begin operations soon. Oramah, while noting that the bank has been investing heavily in the health sector in Africa to develop vaccines ...
Senator backs Nigerian government on grazing routes
The Chairman, Senate Committee on Agriculture, Senator Abdullahi Adamu, has asked the Federal Government to go ahead with its plan to recover the old cattle grazing routes because herdsmen activities affect every part of the country. Adamu, who also served as a two-time governor of Nasarawa State, disagreed with those who argued that the Federal Government should not dabble into grazing issues because it had no constitutional powers to do so. The Senator, who spoke with newsmen in Abuja, said herdsmen needed the cattle routes because of the challenges they usually faced when they wanted to adopt other forms of transportation. He said the Federal Government should attend to the welfare of herdsmen just as it was providing basic amenities for others involved in private businesses across the ...
UN lauds Nigeria’s leading role in securing Gulf of Guinea
The United Nations (UN) has commended Nigeria for playing a leading role in efforts to secure the Gulf of Guinea, saying it will continue to support the country and the region. Secretary General of the International Maritime Organisation (IMO) Kitack Lim said the country had made important contributions to the fight against piracy and armed robbery in the Gulf of Guinea maritime domain, foremost among them the recent launch of the Integrated National Security and Waterways Protection Infrastructure, also called the Deep Blue Project. IMO is the specialised agency of the UN responsible for regulating shipping. “I would like to extend my deepest appreciation to the Nigerian government for its continued contribution towards the endeavours to ensure safe and secure maritime operation in the Gu...
APC governors endorse NGF committee on judiciary, state legislature autonomy
The All Progressives Congress (APC) governors on the platform of Progressive Governors Forum (PGF) have unanimously endorsed the Governor Aminu Waziri Tambuwal-led NGF Committee on the autonomy for Judiciary and State Legislature. PGF also noted that it has recommitted itself to continue to support all the initiatives of the federal government under the leadership of President Muhammadu Buhari. Disclosing the resolution taken during its emergency meeting, the chairman of the Progressive Governors, Abubakar Atiku Bagudu, in a statement noted with satisfaction the progress made by the APC Caretaker Committee. The Governors Forum further disclosed that as part of the process of implementing the NGF agreements in APC controlled states, they will meet and make appropriate consultations with the...
President Buhari approves employment for families of slain NYSC members
President Muhammadu Buhari has approved automatic employment in the Federal Civil Service for one graduate from each of the immediate families of the 10 slain National Youth Service Corps (NYSC) members in 2011 in Bauchi State. Minister of Youth and Sports Development, Mr. Sunday Akin Dare, who disclosed this on Tuesday said the President also approved scholarships to the four children of Mr. Adowei Elliot, a Delta State indigene killed during the post-election violence. Dare announced these during the inauguration of the National Governing Board of the NYSC on Tuesday in Abuja. The 10 Corps members were killed in Bauchi State in some northern states following the 2011 election won by former President Goodluck Jonathan. In a statement by the Director of Press and Public Relations in the Mi...
ITF chief: President Buhari providing quality leadership skills
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...
APC group: Six years of President Buhari better than PDP’s 16 years
The group operating under the auspices of All Progressives Congress (APC) Legacy Awareness & Campaign, made this remark on Friday in Abuja while reeling out some of the achievements of the APC-led government led by President Buhari. Addressing journalists, group’s national coordinator, Barr. Ismail Ahmed, said the group has commenced a national campaign to promote some of the initiatives of APC-led government. Ahmed said: “As committed members of the APC, we are convinced that since May 29, 2015, when the government of President Muhammadu Buhari was inaugurated, landmark initiatives have been; and are being implemented. “In comparative terms, President Buhari’s government has recorded more achievements within six years than all the previous governments under the PDP between 1999 and 20...
Nigerian government determined to eradicate poverty, unemployment – minister
The federal government has reiterated its determination to eradicate poverty as well as tackling unemployment in the country to the barest minimum, saying its many programmes designed to tackle the issues have had tremendous success. The government said the alarming rate of out-of-school children witnessed some years ago had considerably reduced due mainly to some of its initiatives, among which it said, was the National Home Grown School Feeding Programme. The government’s position came as it inaugurated an expanded committee on National Home Grown School Feeding Programme with a task on members to make meaningful contributions to stamp the problems out of the country. Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq, speaking at the event i...
Sustaining economic empowerment through financial inclusion, energy access
Financial inclusion and provision of sustainable energy is at a turning point in Africa’s largest economy, Nigeria. With a population of over 200 million, about 50 per cent of the total population live in rural areas, and only 39 per cent of those living in rural communities have access to electricity. This is in addition to over 40 per cent of the entire population who are financially excluded or underserved. However, the proliferation of digital financial services in Nigeria – powered largely by growth in fin-tech companies – has catalysed an unparalleled increase in the current number of people with access to formal financial services, while further opening up opportunities to address power supply challenges across rural communities; a major feat instrumental towards achieving the broad...
CSCS reiterates commitment to deepening capital market
The Central Securities Clearing System (CSCS) has restatement its commitment in repositioning business to efficiently play a more active and leading role in deepening the Nigerian capital market growth. Also, CSCS grew its profit after tax by 41.4 per cent for the year ended December 31, 2020. The company results showed that amidst unprecedented economic and financial market conditions occasioned by the COVID-19 pandemic, the Group grew total income by 31.3 per cent year-on-year (YoY) to N12.09 billion. Profit after tax grew by 41.4 per cent to N6.93 billion, translating to N1.39 earnings per share. The group delivered 20.3 per cent return on average equity for the 2020 financial year, compared to 15.3 per cent in 2019 full year. The company’s total assets stood at N41.42 billion, as again...
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