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Rivers government seeks relocation of NIMASA cabotage department
The Governor of Rivers State, Nyesom Wike, has appealed to the Nigerian Maritime Administration and Safety Agency (NIMASA) to return its Cabotage Services Department to Port Harcourt. Wike made the appeal when the Director-General of NIMASA, Dr. Bashir Jamoh, visited him in Port Harcourt, recently. Wike said operations of the Cabotage Services Department of NIMASA used to be in Port Harcourt, Rivers State, but it was relocated to Lagos. The governor said in spite of his administration’s procurement of gunboats for security agencies, especially the Police and Navy to assist in the fight against piracy and ensure safety on the waterways for NIMASA’s businesses to thrive, the state did not get anything in return. He commended Jamoh for the initiative aimed at harnessing ocean resources as an ...
CISLAC raises concerns over Nigeria’s debt profile, coronavirus accountability
The Civil Society Legislative Advocacy Centre (CISLAC), has expressed concerns over $2.18 billion foreign loan request to the Nigerian Senate to fund the 2021 Appropriations Act, by President Muhammadu Buhari. It has therefore urged the National Assembly to insist on an analysis of debt repayment strategy to be in place as its key priority to approvals. In a statement by Executive Director, CISLAC and Head of Transparency International – Nigeria, Auwal Ibrahim Musa Rafsanjani, he said national public finance management regime is meant to save the nation’s economic system from collapse: rescuing jobs, supporting livelihoods and bailing out many businesses on the brink. He warned the government to avoid the catastrophe that the international finance institutions forced on Greece: destroying ...
Rice millers protest ‘multiple taxation’ in Ebonyi
Rice millers in Abakaliki, Ebonyi State, have protested against what they claimed to be multiple taxation in the state’s mill market. The millers, who decried alleged extortions of traders by the management of the market, called on the state government to find a lasting solution to it. They appealed to the government to review its revenue policy and reduce the increased taxes. The protesters carried placards with different inscriptions such as, “Management should not take rice mill as their father’s business”, “We are tired of the multiple and high taxes”, “We need an elected chairman and not Caretaker Committee to move development forward in the mill.” Speaking with journalists in Abakaliki on Tuesday, Chukwuma Eniokoro, the chairman of millers in the market, said they embarked on the pea...
Barcelona secure 500 million Euro loan
Barcelona have secured a €500m loan from Goldman Sachs, with €100m arriving immediately to cover unpaid wages. Like many of the clubs who had signed up to the Super League project, Barca are struggling financially in the wake of the COVID pandemic and in need of fresh funds. President Joan Laporta has seemingly found the key with a loan worth €500m from American investment bank Goldman Sachs. ESPN claim there will be €100m arriving immediately, so Barcelona can settle outstanding payments owed to players. The club’s gross debt is said to now be almost €1.2 billion. Sources told ESPN the situation with outstanding payments was so bad that the squad was preparing to take the matter to the Spanish Footballers’ Association. Barcelona agreed with the players to defer payment of their wages duri...
Edwin Clark cautions against agitation for Nigeria’s break-up
YouTube An elder statesman and former Minister of Information, Chief Edwin Clark, has cautioned against calls for secession in some parts of the country. Clark told journalists in Abuja yesterday that the calls for secession in some quarters are not the solution to the country’s problems. The South-south leader explained that he did not believe in Nigeria’s break-up in spite of rising insecurity and economic challenges in the country. Clark argued that instead of breaking up Nigeria and beating war drums, efforts should be made to develop workable strategies to solve the problem of insecurity and other challenges making lives unbearable for Nigerians. “Nigeria will remain one. Some of us do not believe in the call for secession. Where do we go to? Who are we leaving the country for? Who ow...
Thomas Tuchel reacts as ‘unlucky’ Chelsea suffer back-to-back FA Cup final defeats
Chelsea suffered late VAR heartache as they slipped to back-to-back FA Cup final defeats after a 1-0 loss to Leicester City, Youri Tielemans’ second-half strike proving decisive. In front of a reduced, yet undoubtedly noisy, Wembley crowd, it was Chelsea who made the brighter start, Timo Werner showcasing his electric speed to test the Foxes backline early on. Despite controlling the opening exchanges, the first real chance of the match fell to their opponents, Timothy Castagne getting in down the right and teeing up Jamie Vardy inside the area, the veteran striker’s effort well blocked by Reece James. At the other end of the pitch, Thomas Tuchel’s men almost fashioned a chance of their own, Thiago Silva’s dinked cross agonisingly evading the head of Cesar Azpilicueta at the back post, aft...
Anglican archbishop calls for national dialogue
An Anglican Archbishop, Isaac Nwaobia, has urged the federal government to convene a national dialogue to address issues of insecurity in the country Mr Nwobia, who is the Archbishop/Bishop of Diocese of Isiala Ngwa South (Aba Province), made the call during the 4th Synod of the diocese at St. Peter’s Cathedral Owerrinta, Abia State on Thursday. The archbishop, while speaking with reporters during the opening session of the Synod, said that national dialogue was important, as the communication gap could be responsible for some of the present security challenges in Nigeria. “The president should summon us, either as a meeting or a confab, so that people can say why they are annoyed. “The solution should be that we need to sit down, dialogue and sort things out,” he said. The cleric condemne...
U.S. envoy wants pope to attend climate conference, sway debate
Pope Francis has the moral authority to sway public opinion over global warming and might attend the United Nations’ Climate Change Conference (COP26) in Scotland, U.S. President Joe Biden’s climate envoy John Kerry said on Saturday. COP26 is being held in Glasgow in November and could accelerate measures by the world’s biggest polluters to tackle climate change, a challenge which activists, scientists and world leaders say could ultimately endanger the planet. “I think that his voice will be a very important voice leading up to and through the Glasgow conference, which I believe he intends to attend,” Kerry told the official Vatican News outlet after meeting the pope. There was no immediate confirmation of this from the Vatican. “Because he is above politics and outside of the hurly-burly...
Understanding the strength of small businesses
The number of small businesses keeps growing in the formal and informal sectors of the Nigerian economy, due to the role of small businesses as the live-wire of any economy and the backbone of major developed economies the world over. Though Nigeria rely majorly on oil and revenues derived from it, from context observation the economy is largely supported by small businesses covering almost all spheres of activities within the country, ranging from Nano, kiosk, and Micro businesses most importantly. A visible reference usually includes the vulcanizers, corner shop owners, single retail marketers, repairers, painters, business center operators, restaurants, market women, and men in the various open markets, among others. and the formal operations such as the law firms, accounting firms, con...
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...
Nigerian farmers raise alarm as insecurity threatens food availability
Some concerned parties in the agriculture sector have appealed to the federal government to intensify efforts in curbing banditry, kidnapping and terrorism, as these can threaten food security. The parties made the appeal in separate interviews with newsmen on Friday in Abuja. They noted that the recent increase in kidnapping and banditry had made a lot of farmers run from their farmlands in search of safe hideouts. The Executive Secretary, National Agricultural Land Development Authority (NALDA), Paul Ikonne, said there was a need to urgently address the insecurity challenges in the country in order to overcome the challenge of food shortage. Ikonne noted that dialogue remained critical in addressing issues of insecurity and herders, adding that a peaceful dialogue between farmers and her...
Christian Pulisic dismisses Chelsea exit rumours
Chelsea winger Christian Pulisic has dismissed rumours he could quit Stamford Bridge this summer. The United States international has found himself in and out of the side under Thomas Tuchel and admitted he was “very frustrated” not to start against Real Madrid in the Champions League semi-final second leg earlier this month, giving rise to speculation he could seek a move this summer. However, Pulisic says he isn’t going anywhere and is “up for the challenge” of proving himself in west London. When asked whether he saw his long-term future at Chelsea, Pulisic told ESPN: “Yeah, I’m obviously happy here. It has been an incredible two years. “People have always doubted and said: ‘Oh, he’s not playing, does he want to go here, does he want to go there?’ I’m always up for a challenge, I love c...