money
Minister: Suspension of international flights at Kano airport affecting our revenue
The Minister of Aviation, Sen. Hadi Sirika, has said the continued closure of the Mallam Aminu Kano International Airport is affecting the revenue of government. International flights into the airport were suspended in the wake of COVID-19 lockdown. When he received a high-powered delegation from Kano State, led by Governor Abdullahi Umar Ganduje, in his office in Abuja on Tuesday, Sirika lamented the effect of the suspension. He said it does not make economic sense for government to spend so much money, as it has done on the airport, and abandon it in the end. He highlighted the attendant degeneration of infrastructure, redundancy amongst operational staff, revenue loss, hardship on travellers, amongst others. The Minister promised that necessary steps were being taken for the resumption ...
#BRUHNews: Pooh Shiesty And Kodak Black Are Going At Each Other Over The Money Spread Pose
Source: (Photo by Johnny Louis/FilmMagic) / (Photo by Johnny Louis/FilmMagic) Have you ever wondered if rappers have too much time on their hands? Kodak Black and Pooh Shiesty are proving they clearly do. As spotted on HipHopDX the two performers are in the midst of a war of words; or rather social media posts. Apparently the man now known as Bill Kapri felt in a ways about the “Back In Blood” MC. In a recent post Kodak seemingly took a swipe at him by using his signature “blrrrd” adlib and claiming some of his peers are swagger jacking his “money spread” pose. Naturally this got back to the 1017 Records talent prompting him to respond to the veiled shot in a post and delete. “This shit here so lame too me lost all my respect @kodakblack,” he wrote. Kodak quickly retorted in typical Kodak ...
Kylian Mbappe wants 700,000 euros a week
Kylian Mbappe has said he will only renew if big money is involved. He has yet to make a firm decision on his future, but he is clear that he wants a pay rise if he is to extend his contract. He wants 36 million euros a year, like Neymar. PSG are going to be involved in tough negotiations to keep hold of Kylian Mbappe. The Frenchman is studying his options before deciding on his future, but he is clear what his transfer demands are if he is to form part of a new peoject. And his salary is the main issue. Mbappe wants to be seen as one of the best footballers in Europe and he wants that to be reflected in his salary. According to ‘The Athletic’, Man City have pulled out of the race to get the French striker after finding out about his transfer demands. Kylian, therefore, wants to earn sligh...
RTEAN: Commercial buses strike illegal
Pool Photo The Lagos State Chapter of the Road Transport Employers Association of Nigeria (RTEAN) on Monday said the stay-off-road action by commercial buses on the Lagos-Badagry Road was unnecessary. The Secretary of the chapter, Abdulrahman Amusan, told newsmen that the N800 ticket imposed on commercial buses in the state was for tax purposes. Newsmen report that the commercial bus drivers had on March 1, embarked on what they called “Cease Commuter Operation” on the Lagos-Badagry Expressway – from Badagry to Mile 2 – following what they termed an unbearable increment in ticketing and brutality by RTEAN. The drivers were still off the expressway while passengers remained stranded at various bus stops. It is still not certain when they will return to the roads. They claim that both the RT...
2,700 Akwa Ibom women benefit from federal government’s special grant
The minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq, has advised Nigerian women not to regard the N20, 000 special grant given to the rural woman by the federal government as the fabled national cake. She has rather charged the beneficiaries to judiciously use the grant to improve their living standard by utilizing it as seed capital do boost their trades and businesses for greater income. Speaking through Bashir Nura Alkali, the permanent secretary of the ministry, at the flag off of the Grant for Rural Women Project and the symbolic disbursement of the grant to 2700 women of Akwa Ibom state, in Uyo, on Thursday, Farouq explained that the Grant for Rural Women Programme was introduced in 2020 to sustain the social inclusion agenda of Presid...
PIB: Rivers governor supports allocation of 10 per cent oil revenue to host communities
Rivers State Governor, Nyesom Ezenwo Wike, has advocated not less than 10 percent fund allocation to host communities in the Petroleum Industry Bill that is still before the National Assembly. Governor Wike said it is also necessary that the bill state in clear terms what specific development projects that the allocated fund should be spent on, so that development of host communities can be truly actualised. The governor gave the charge when the members of the National Assembly Committee on the Petroleum Industry Bill, visited him at Government House, Port Harcourt, on Thursday. Governor Wike stated that oil bearing communities have suffered the loss of their livelihood, good drinking water and their socio-cultural life disrupted because of the insensitivity of the International Oil compan...
Rivers governor reacts as critics fault design of new bridge after truck accident
Critics are subjecting the Okoro-nu-Odu overhead bridge commissioned for use on Monday in Port Harcourt by Rivers Governor, Nyesom Wike, to scrutiny after the fall of a heavy duty truck that was trying to make a turn under it. Also, critics have also observed that rather than help alleviate the traffic gridlock in the area, the bridge seemed to have worsened the traffic jam. While commenting on the gridlock around the bridge and the fall of the truck while trying to make a u-turn, one Kachi Welsley said: “basically an engineering design is to address serviceability and human problems, not to compound them. “At the beginning sides of the overhead bridge at Rumuokoro, there ought to be turning points to enable cars coming and trying to get back in opposite directions turn easily without firs...
Okomu Oil Palm wants central bank to review anchor borrowers programme
Okomu Oil Palm Company Plc. wants a review of CBN’s Anchor Borrowers Programme (ABP) to accommodate more farmers and to shore up the nation’s foreign earnings from agriculture. The ABP is targeted at smallholder farmers engaged in the production of rice, maize, wheat and cash crops like oil palm, cocoa and rubber, among others. Speaking with newsmen on Monday in Benin, Okomu Oil’s Managing Director, Dr Graham Hefer, noted that cash crop farmers were yet to fully benefit from the programme. He said food crop farmers had an edge because they could cultivate, harvest, sell and repay their loans within the specified one year period. “It is easy for farmers engaged in annual crops to meet their targets. “This doesn’t happen with cash crops because in the first three years of oil palm production...
Kano governor donates N3 million to man who lost seven family members in fire incident
Kano State Governor, Dr Abdullahi Umar Ganduje, has donated N3 million to Malam Abdulrahman Ibrahim Wailari to ameliorate the loss he suffered in a fire disaster that engulfed his house recently. Wailari, a resident of Kumbotso local government area of Kano state, had lost seven members of his family to the inferno. The donation was announced during the flag off ceremony for the distribution of care and maintenance items to 1500 households in the state. The money was meant to enable the victim rebuild his house. Mallam Abdulrahman lost his mother, his two children, his sister and her three children lin the tragic incident which occurred last week. 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 shoul...
Ex-DSS director: Some bandits are former Boko Haram militants
A former assistant director in the Department of State Services (DSS), Dennis Amachree, says some bandits are former members of the Boko Haram insurgent group. Speaking when he featured on an Arise TV programme on Saturday, Amachree said he learnt this from the confession of some bandits. He added that unlike the Niger Delta militants protesting pollution of their areas, bandits do not deserve amnesty as they are “faceless criminals”. “From investigations, we have even discovered that some of them were Boko Haram fighters,” he said. “Some of them have confessed to having fought with Boko Haram. And now, you have these people infiltrating, collecting money for ransoms, raping women and sending them back to Boko Haram. “Anybody who is comparing them to militants in the Niger Delta, I want to...
Australia’s competition chief claims victory after Facebook standoff
The architect of Australian media reforms being watched around the world claimed victory on Wednesday, even as critics said concessions to the laws forcing Big Tech to pay for news content have given Facebook and Google a get-out clause. The Australian government made late changes to the laws after Facebook last week blocked news content in Australia, escalating a dispute over the proposed legislation and catching international attention. The amended legislation is expected to pass the Senate this week, despite opposition from some minor opposition parties and independent politicians who argue it disadvantages smaller news companies. Rod Sims, the chairman of the Australian Competition and Consumer Commission (ACCC), told Reuters the bargaining power imbalance he was tasked with correcting...
Crypto ban: We acted in Nigerians’ best interest – CBN
The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the Bank’s decision to prohibit deposit money banks, non-banking institutions, and other financial institutions from facilitating trading and dealings in cryptocurrency is in the best interest of Nigerian depositors and the country’s financial system. Mr Emefiele made the declaration on Tuesday, February 23, 2021, while briefing a joint Senate Committee on Banking, Insurance and Other Financial Institutions; ICT and Cybercrime; and Capital Market, on its directive to institutions under its regulation. Describing the operations of cryptocurrencies as dangerous and opaque, the CBN Governor said the use of cryptocurrency contravened an existing law. He said given the fact that cryptocurrencies were issued by unregulated and...
