Minister
Nigerian government given N81 million bill to cut Abuja stadium grass – minister
The Minister of Youth and Sports Development, Sunday Dare, has said the Federal Government was given a bill of N81 million to cut the Moshood Abiola National Stadium in Abuja. He said this in a series of tweets on Sunday. According to Dare, the sports ministry rejected the bill. The minister explained that fund was not available, adding that there would be an outcry if Nigerians were told that N81 million was used to cut grass. He tweeted, “The ministry was given a bill. The Ministry did not accept. It will be detrimental to spend such an amount. And it can be better invested. “If we tell Nigerians we used N81m to cut grass, which is not even available, there will be an outcry. “The funds are not really there for us and that is why we are partnering with private investors to bring back the...
I paid N3 million ransom before I was freed by kidnappers – doctor
Azubuike Iheanacho, the medical doctor that was kidnapped in Dekina Local Government Area of Kogi State, has revealed that he had to pay a ransom before the abductors freed him. Iheanacho, who owns Peace Hospital located along old Egume Road, Ayingba, was abducted at his residence in Anyigba last week Saturday. Newsmen reported the alarm raised by the state’s chapter of Nigeria Medical Association (NMA), appealing to the security agencies to help free the doctor. Iheanacho told newsmen on Saturday evening that he regained his freedom on Monday, after paying N3 million to the kidnappers. “I was injured but not much. Because at the point of picking me, I resisted. People were around when it happened. I was released on Monday. We thank God for everything,” he added. The physician also called ...
Ethiopian military has taken ‘full control’ of Tigray capital – government
Ethiopian federal forces have taken “full control” of the Tigray region’s capital Mekelle, the prime minister and the military’s chief of staff said on Saturday evening. Authorities had said earlier that government forces were in the final stages of an offensive in the region and would take care to protect civilians in Mekelle, a city of 500 000 people. There was no immediate comment from the Tigrayan forces in the northern region, who have been fighting government troops for the past three weeks. “The federal government is now fully in control of the city of Mekelle,” Prime Minister Abiy Ahmed said in a statement posted on his Twitter page. That followed a statement saying the same from the army chief of staff, Birhanu Jula, on the military’s official Facebook page. Claims from all sides ...
President Buhari urges Nigerians to pray for peace, unity
President Muhammadu Buhari has urged Nigerians to continue to pray for peace, unity and stability in the country. The president made the call in an address at the 70th anniversary of the Qaddriyya on Saturday in Kano. Buhari, represented by Alhaji Sabo Nanono, Minister of Agriculture and Rural Development, said the call was imperative to foster unity and address security challenges in the country. He enjoined the youth to avail themselves of the opportunities of agriculture and economic empowerment programmes initiated by the Federal Government to learn trades, become self reliant and engage in productive activities. Buhari expressed delight over the conduct of the event and commended the Leader of the Qadiriyya, Sheikh Qaribullah Nasiru-Kabara for his support and constant prayers for the ...
Naira weakens to lowest in three years
The Naira yesterday weakened to the lowest in over three years in the parallel market due to increased demand for dollars amid foreign-currency shortages. The local currency depreciated to N495 to a dollar yesterday, lowest since February 23, 2017, widening the gap with the official rate of N379.5 to over 30 per cent. The currency traded in the interbank market at 389.74 as of 4:54p.m. in Lagos. Agency reports quoted traders as alleging a groundswell of diversion of dollars, a development which heightened scarcity of the green back in the parallel market this week. There is a diversion of inflows away from official channels to the parallel market due to the gap in rates, Murega Mungai, trading desk manager for Aza Finance said in a note Thursday. The market spread has created arbitrage opp...
Nigerian government seeks new Eurobond
The federal government yesterday disclosed that it would approach the Eurobond market next year in its effort to shore up the economy, amidst cocktails of measures being put in place to douse the effects of the Covid-19 pandemic on the economy. On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021. Finance Minister, Zainab Ahmed, who disclosed the Eurobond plan while speaking on Bloomberg TV, explained that the decision would depend on the prevailing interest rates. She, however, did not specify the amount to be accessed from the Eurobond. The Eurobond option is ...
Federal government launches portal for exited N-Power beneficiaries to apply for central bank empowerment options
The federal government has launched a portal for exited N-Power beneficiaries to apply for Central Bank of Nigeria, CBN, empowerment options. Ministry of Humanitarian Affairs, Disaster Management and Social Development, which announced the launch of the portal in a statement, explained that the platform was developed in collaboration with the CBN. The platform, according to the statement released, Friday, by Nneka Anibeze, Special Assistant to the Minister, Sadiya Umar Farouq,” will enable exited N-Power beneficiaries to log on and apply for the various economic, empowerment and entrepreneurship options provided by the CBN.” In the statement signed by the Permanent Secretary of the ministry, Bashir Nura Alkali, the Minister Sadiya Umar Farouq urged and encouraged interested exited benefici...
Governor Wike: Nigeria’ll be on fire if President Buhari fails to restructure
Rivers State Governor, Nyesom Wike, has stated that the nation would be on fire if President Muhammadu Buhari fails to use the available opportunity to restructure the nation, urging the president to heed the clamour for fiscal federalism and restructuring to douse brewing tension in the country. The governor also advised the president to genuinely address the concerns and grievances expressed by stakeholders in the South-South and those of other geopolitical zones during the meeting with federal government delegation led by Chief of Staff to the President, Professor Ibrahim Gambari. Wike, who spoke Thursday on a television interview tasked the President to use the opportunity to address pressing issues affecting the stability of the country. Wike said: “President Buhari, has an opportunit...
UN, EU urge media to intensify advocacy against gender violence
The joint EU-UN Spotlight Initiative, on Monday called on the media to intensify advocacy through reportage of violence against women and girls to end the menace in the country. The post UN, EU urge media to intensify advocacy against gender violence appeared first on TODAY. 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 back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Labour denies endorsing petrol price hike
Labour unions are demanding a reversal of recent hike in the petrol price and did not endorse deregulation that is anchored on price hike. The post Labour denies endorsing petrol price hike appeared first on TODAY. 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 back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Saudi Arabia says it seeks a way to end dispute with Qatar
Commenting on the dispute on Saturday, Prince Faisal bin Farhan Al Saud said Saudi Arabia is continuing to find a way to end the blockade on Qatar, but he added it remains conditional on addressing security concerns. The post Saudi Arabia says it seeks a way to end dispute with Qatar appeared first on TODAY. 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 back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
