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National Assembly raises 2021 budget by N580 billion, approves N13.588 trillion

The two chambers of the National Assembly yesterday passed the 2021 Appropriation Bill, increasing the budget size from N13.08 trillion presented to them by President Muhamnadu Buhari 11 weeks ago to N13.588 trillion. The passage of the 2021 budget followed consideration and adoption of harmonised reports separately submitted to them by their Committees on Appropriation. The two chambers increased the 2021 budget by about N580 billion and pegged daily crude oil production at 1.86 million barrels per day, while oil benchmark price was fixed at $40 per barrel. They approved N379 to dollar as the official exchange rate while GDP growth rate was pegged at 3 per cent. Highlights of the report approved by the Senate showed aggregate expenditure to be N13,588,027,886,175, statutory transfer of N4...

Airtel begins initiative to feed 5,000 displaced persons

Airtel Nigeria has announced the commencement of the 2020 edition of its annual ‘5 Days of Love’ Yuletide initiative with a focus on providing palliative packs to 5,000 persons across five Internally Displaced Persons (IDP) camps in the country. Speaking during a virtual press conference to announce the initiative, the Managing Director and Chief Executive Officer of Airtel Nigeria, Mr. Segun Ogunsanya, said despite the pandemic and a difficult year, Airtel would continue its long standing tradition of celebrating and empowering the vulnerable and underprivileged during Yuletide. “Our resolve to Nigeria and Nigerians is unshakeable. Despite a difficult year, we are committed to making lives better for many Nigerians and we will not rest on our laurels as we will continue to create opportun...

APC promises conducive environment for Kankara abducted boys

The All Progressives Congress (APC) has rendered an unreserved apology to the students abducted from Government Science Secondary School, Kankara, Katsina State, promising that President Muhammadu Buhari and the ruling party will do all it takes to ensure that they continue to study in a safe environment. The ruling party in a statement signed by the National Chairman, Mai Mala Buni, noted that it received with joy and glad heart the release and return of the students who were abducted by terrorists. The party further noted that the news was not just elating, but it was gladdening and relieving. “We want to congratulate the parents of the children and also apologize on behalf of our party that one of our biggest promises was security and although we are doing our utmost best, such incidenc...

NIMC insists on deadline for linking of NIN to mobile numbers

File Photo Despite criticisms from many Nigerians of the two-week ultimatum for the registration and linking of National Identity Number (NIN) to mobile numbers, the federal government has insisted on the deadline. The director-general of the National Identity Management Commission, (NIMC), Aliyu Abubakar, in an interview with newsmen on Friday said there was no extension for the announced deadline. “Right now, the way it is, there is no extension. We should not be complaining, rather we should see how it can be done,” he said. “It is until after 10 to 12 days then we will see how far it has gone before we beg the government for anything.” When the agency issued a two-week ultimatum for the enrolment, Nigerians took to social media platforms to kick against such a deadline. “In the whole o...

2023: There was no pre-merger agreement in APC on zoning – Senator Yerima

A former Governor of Zamfara State, Senator Sani Yerima, has denied that the All Progressives Congress (APC) had any premerger agreement to rotate the presidency between the north and the south. Yerima disclosed this yesterday during a media interaction with reporters covering the activities of the APC. His claim was contrary to the views of the Minister of Works and Housing, Mr. Babatunde Fashola, who recently said that the party had a gentleman agreement on zoning. Yerima said: “I don’t think there is anything like agreement. You can ask Mr. President, he led the group, Asiwaju was there, I was part of it, there was no meeting I didn’t attend or any meeting that I attended that there is such agreement. Agreement can’t be verbal. It has to be written. In any case, any agreement that is co...

NAICOM: Don’t shun insurance despite inflation, harsh business environment

File Photo As businesses and individuals adopt cost reduction measures in response to rising inflation and the harsh business environment, the National Insurance Commission, NAICOM, has charged Nigerians to avoid the tendency to shun insurance of their assets. Commissioner for Insurance, Mr. Sunday Thomas, who gave the charge noted that despite the biting inflation in the country, even as people reduce the cost of expenses, this is not the best of time to reduce insurance consumption. Thomas stated this at a webinar organised by Coronation Insurance Plc in partnership with Access Bank Plc, with the theme: “Managing Business Risks at a Time of Uncertainty.” Thomas, who was represented by Mr. Taiwo Adeoye, Technical Adviser to the Commissioner for Insurance, noted that sometimes the gain in ...

President Buhari a true leader and democrat – Reps deputy speaker

The Deputy Speaker of the House of Representatives, Hon. Ahmed Idris Wase, has described President Muhammadu Buhari as a true leader and Democrat with a listening ear to the yearning of the Nigerian people. Wase who congratulated the President on his 78 birthday said President Buhari has been able to showcase true qualities of a good leader and have proven to have a listening ear as he is always ready to do the yearnings of Nigerians. In a birthday message signed by his Chief Press Secretary, Umar Muhammad Puma, Wase joined the millions of Nigerians and well-wishers globally in extolling the virtues of the President as not only the Father of the whole nation but as a true leader and democrat. “True to his words before assuming office, President Buhari has stayed faithful to the yearnings o...

Senator Yerima joins 2023 presidential race

Former Governor of Zamfara State, Senator Ahmed Sani Yerima, says there has never been any agreement in the ruling All Progressives Congress (APC) to zone the presidency to the South-West region in 2023. Yerima made this known in Abuja on Wednesday, December 16, 2020, at a media briefing, where he declared his interest to contest for president at the end of President Muhammadu Buhari’s tenure in 2023. Yerima said he had on three occasions stepped down to allow Buhari to win the presidential ticket of defunct All Nigeria Peoples Party (ANPP) as well as the All Progressives Congress. The former governor said he attended all meetings involving President Buhari and the National leader of the ruling party, Asiwaju Bola Tinubu, saying there was no meeting where it was agreed that the presidency ...

Senator Musa: Two killed, 30 abducted, 5,000 homeless in Niger East

Chairman, Senate Services Committee, Senator Mohammed Sani Musa, All Progressives Congress, APC, Niger East has raised the alarm that the insecurity situation in his Senatorial District is worsening every day, saying that it has been one week of sleeplessness and horror. Senator Musa has reiterated his call on President Muhammadu Buhari to put the security operatives on their toes to ensure they live up to their responsibilities of protecting the lives of the citizens, adding that if security agencies in the country cannot guarantee the protection of lives and property of the citizens, then Nigeria may be on the precipice of anarchy. According to him, the horrible event in the last one week in Niger State and particularly in Niger East Senatorial District has raised tension and uncertainti...

Families of kidnapped Katsina schoolboys fear time running out

Families of more than 300 kidnapped Nigerian schoolboys worried they may be brainwashed or held for years as security forces combed a vast forest on Wednesday for armed captors possibly from the jihadist Boko Haram movement. According to an unverified audio clip, the Islamist group – whose name means “Western education is forbidden” – was responsible for last week’s raid on an all-boys school in the town of Kankara in northwestern Katsina state. Parents fear time may be running out: Boko Haram has a history of turning captives into jihadist fighters. “They will radicalise our children if the government does not act fast to help us rescue them,” said trader Shuaibu Kankara, crying as he spoke from home. His 13-year-old son Annas was among those abducted from the Government Science school on...

Nigerian government says 300,000 mass housing scheme strictly for low income earners

The Federal Government says its Social Housing Programme, one of the components of the National Economic Sustainability Plan (NESP), is targeted at low income earners. Imeh Okon, Senior Special Assistant to the President on Infrastructure, who made this clarification on Tuesday in Abuja, said the scheme was not meant for politicians or highly placed persons. The 300,000 social housing programme is a component of the NESP designed by the Vice President Yemi Osinbajo-led committee constituted by President Muhammadu Buhari to cushion the effects of COVID-19 on Nigerians. She explained that one of the objectives of the administration was to provide houses for citizens across the country. Okon said that the houses would be durable and of high quality not minding the low prices. “It is a social ...

Air passengers decry upsurge in fares, seek urgent attention to roads, railway

Nigerians, who travel by air, have decried the “sudden” upsurge in air fares and urged the Federal Government to intervene to avoid poor patronage that could dwindle the fortunes of the aviation industry. Newsmen report that the air fares shot up by about 100 per cent in the last one week, with some airline operators even raising their fares by as much as 120 per cent or more. At Nnamdi Azikiwe International Airport, Abuja, the fare from Abuja to Lagos, which was N35,300 (Economy Class), rose to between N70,000 and N75,000. Newsmen found that Business Class travellers were charged between N100,000 and N120,000, depending on the airline. Our correspondents, who visited other airports across the country, found that the rise in airfares was the same, a situation that forced some passengers to...