The Senior Special Assistant to President Muhammadu Buhari on Niger Delta Affairs, Senator Ita Enang, has said that Nigeria is adopting the best practices of sustainable loan debt management as the repayment plan of the debt is tied to the projects for which the loan is taken. Senator Ita Enang disclosed this while presenting the keynote address at the Chartered Institute of Taxation of Nigeria 2021 Fellow Conferment Ceremony recently in Lagos. Speaking of the topic “Nigeria Adopting Best Practices in External Borrowing and Debt Sustainability” the Presidential Aide noted that “all the terms and conditions of the loan are laid before the National Assembly and approved in details before execution. According to him,” this is to avoid the terms being approved by the National Assembly after th...
The Nigerian Maritime Administration and Safety Agency (NIMASA) says the Suppression of Piracy and Other Maritime Offences (SPOMO) Act, is improving Nigeria’s image in its fight against piracy and sea robbery. Dr Bashir Jamoh, Director-General, NIMASA, said this in a statement on Sunday in Lagos. He said that the Act signed into law by President Muhammadu Buhari in June, 2019 was to end piracy and sea robbery in Nigeria and the Gulf of Guinea. He made this known at the maiden edition of the Nigerian Admiralty Law Colloquium organised recently in Lagos by the agency, in collaboration with the National Judicial Institute (NJI). The colloquium had the theme, “Achieving Maritime Safety, Security and Shipping Development (TRIPODS) through Enforcement of Legislations and the Implementation of 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...
President Muhammadu Buhari has appointed Ambassador Rabiu Dagari as Director-General of the Directorate of Technical Cooperation in Africa (DTCA). The Permanent Secretary, Ministry of Foreign Affairs, Ambassador Gabriel Aduda, in a letter dated April 8, 2021, addressed to Dagari, said the appointment was for an initial period of four years with effect from March 16, 2021. Letter read: “The terms and condition of your appointment is as provided in the appointment of Chief Executives of Government Parastatals and Agencies in the Federal Public Services. “It Is hoped that your performance at the Interview/screening exercise as well as your experiences as a seasoned Diplomat/Administrator will be brought to bear in the discharge of your duties as the Director-General of the Directorate,” Aduda...
The governor of Kaduna state, Nasir el-Rufai, has urged the ministry of transportation to increase the frequency of trains plying the Abuja-Kaduna rail line. The governor spoke on Thursday when Gbemisola Saraki, minister of state for transportation, and the management of the National Institute of Transport Technology (NITT) paid him a courtesy visit in Kaduna. He said the increase will help to check overcrowding as the trains are “always fully booked”. “There are areas of constraints with the COVID-19 pandemic, but I think that the way our figures are going down with the rollout of the vaccination, there are going to be far more movements within the country, and particularly on that route,” he said. “So, we would like the ministry to consider increasing the frequencies and completing the p...
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. ...
The Academic Staff Union of Secondary Schools (ASUSS) has commended the Federal Ministry of Labour and Productivity for granting recognition to the trade union in spite of an alleged deregistration plot against it by a rival union. ASUSS also saluted the Supreme Court of Nigeria for proving the judiciary as the last hope of the common man by upholding its appeal in a judgment delivered on January 15, where it held that ASUSS’ registration did not contravene the trade union statutes. This was contained in a statement entitled “A Woeful Cry; Agony Of A Loser” signed by ASUSS National Secretary Sola Adigun and made available to reporters in Ado-Ekiti on Saturday . Adigun, who doubles as the ASUSS Chairman in Ekiti, upbraided the national leadership of the Nigeria Union of Teachers (NUT) for m...
The National Institute of Horticultural Research (NIHORT), Ibadan, Oyo State, has commenced a 2-day training for unemployed youths and women, on value addition for tomato farmers. The training is taking place at the headquarters of The National Cereals Research Institute (NCRI), Badeggi, in Niger state. Speaking at the opening ceremony on Wednesday, the Chairman of the Governing Board of the Institute, Maj.-Gen. Mohammed Abdullahi-Garba (rtd), said that the training was organized to build the capacity of the people. He described tomato as an important economic and food security crop consumed around the world. “Tomato is undoubtedly one of the most important vegetables grown in Nigeria and the commodity is capable of impacting positively on Nigeria’s agricultural economic development. “The ...