President Muhammadu Buhari has sought the approval of the Senate to borrow $6.18 billion external loan to finance this year’s N5.6 trillion budget deficit. The president’s request is contained in a letter addressed to the President of the Senate, Dr Ahmad Lawan, and read by Lawan at Tuesday’s plenary. President Buhari said the proposed loan, which is equivalent of N2.3 trillion, is to finance the 2021 budget deficit of N5.6 trillion. According to the president, sourcing the loan will enable the federal government to fund critical infrastructural projects in transportation, health and education, among other sectors. Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you b...
Nollywood actor, Olanrewaju James, better known as Baba Ijesha, who was detained by police for alleged sexual assault has been granted bail. His lawyer, Adesina Ogunlana, confirmed this to newsmen on Monday. “He has been granted bail about one hour ago. We are working to perfect the bail. He was granted bail on health grounds. He has not been released. He will be released after his bail conditions have been perfected,” he said. According to the lawyer, among the bail conditions listed for the release of the actor are two reliable sureties – one of them must be a level 10 officer, a direct blood relation, and N500,000 bail bond in like sum. It was gathered that Baba Ijesha was granted bail when magistrates went around police stations across the state, hearing cases of some suspects. Ogunlan...
File Photo The Aare Onakakanfo of Yorubaland, Iba Gani Adams, has described the demise of the sons of the General Overseers (GOs) of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, and that of Gospel Faith Mission International (GOFAMINT), Pastor Elijah Abina, as huge losses, adding that God was surely unquestionable in all respects. Adams, who had earlier sent a letter of condolence to Adeboye, in a statement by his Special Assistant on Media, Kehinde Aderemi, expressed shock that the shining light of the young Adeboye went dim when his spiritual strength was needed most. “I was short of words when the news broke out that we lost Pastor Oluwadare Adeboye. It is one loss too many and I feel pained that we lost the younger Adeboye at such a time when he was still active i...
Taiwan says request to drop word ‘country’ preceded BioNTech vaccine deal collapse
Germany’s BioNTech asked Taiwan to remove the word “country” from an announcement they planned to make on a COVID-19 vaccine sale to the island, its health minister said on Thursday, giving details of the deal whose axing was blamed on China by Taipei. Taiwan and China are engaged in an escalating war of words after Beijing offered the shots to the Chinese-claimed island via Shanghai Fosun Pharmaceutical Group Co Ltd, which has a contract to sell them in Greater China. Taiwan Health Minister Chen Shih-chung told a daily news briefing the government had signed and sent back a “final contract” agreed with BioNTech after months of negotiations, and the two sides were on the verge of issuing a press release on Jan. 8. But four hours later “BioNTech suddenly sent a letter, saying they strongly ...