Gov. Okezie Ikpeazu of Abia on Tuesday expressed the readiness of his administration to facilitate the delivery of more road projects in Aba and the state. Ikpeazu said this while inspecting the ongoing reconstruction of Port Harcourt Road, as part of the resumption of a statewide-project-inspection programme, tagged “Kinetic Abia Project Tour” in Aba. He said that the government would deliver high quality roads as part of its efforts to rebuild Aba and improve the wellbeing of its residents. He appealed to the residents to support the government to achieve its goal of transforming Aba by assisting the contractors handling the projects and protecting the infrastructure. The governor said that he would remain irrevocably committed to changing the narratives of Aba in the area of infrastruct...
Akwa United’s striker Ndifreke Effiong says he has no regrets scoring against his former team, Abia Warriors. Ndifreke was the hero as his brace sunk his former club at the Nest of champions in Uyo on Saturday. The former Attacker later revealed to the club’s official website that scoring against Abia Warriors special for him. “It was really a special day for me to open my team’s goal account for the new season. ” I have no regret scoring against my former team. We needed to get our season on track after dropping five points in two successive games. It was the first time I scored against Abia Warriors since l left them to join Akwa United. ”As a professional, my job is to score goals and I’m working hard to ensure I score more goals that will be enough for us to achieve our aim at the end ...
Mr. Orman Esin, the Akwa Ibom Commissioner for Culture and Tourism, has said the ‘Christmas Village’ generated more than N1 billion to the state economy since Dec. 1, 2020. Esin announced this to newsmen in Uyo on Friday. He said that the opening of the village had brought some life back to holidaymakers and citizens of the state. “The Christmas village has created value of more than N1 billion since it was opened on Dec. 1, 2020,’’ he said. “More than 600 vendors attract thousands of visitors every evening, adding that the Christmas village became a must-visit place in Nigeria every December. “With the ravaging Covid19 pandemic and subsequent lockdown, the 2020 Christmas season looked bleak. “Annual events were cancelled all over the world including the record-setting annual 999 events in...
Leveraging on excess liquidity that persisted in the banking system and the near zero yields on treasury bills (TBs), the Federal Government, through the Debt Management Office (DMO), raised N2.1 trillion from investors in its monthly bond issuance programme in 2020. This represents 33 percent, year-on-year, (y/y) increase when compared with the N1.58 trillion raised by the DMO in 2019. The N2.1 trillion raised in 2020 also represents 31 percent more than the N1.6 trillion funding target for the DMO under the Revised 2020 Budget. Meanwhile, the monthly bond auctions conducted by the DMO in 2020 recorded 275 percent oversubscription, reflecting scramble for the high yielding FGN bonds by investors. Newsmen report on monthly bond auction results show that the DMO offered N1.825 trillion wort...
The Lagos State Commissioner for Health, Prof. Akin Abayomi, has attributed the reasons for the second wave of COVID-19 to the opening up of the economy, the re-opening of schools, large religious congregations, and social gatherings among others. A statement from the Lagos State Ministry of Health quoted the commissioner as saying this while giving an update on the State Government’s response against the second wave of COVID-19 at a press briefing held in Ikeja on Monday. The statement titled, ‘COVID-19: Lagos admonishes residents’, was signed by the LSMOH Director of Public Affairs, Tunbosun Ogunbanwo. “Abayomi attributed the reason for the second wave of COVID19 to include, opening up of the economy; general laxity, false sense of security and non-adherence to safety guidelines by citiz...
Qatar will host the FIFA Club World Cup 2020 from February 1 to 11, 2021, after it was postponed earlier this year due to the COVID-19 pandemic. Six continental confederations, as well as the host nation’s league champions, will compete in the tournament, which will be held across three FIFA World Cup Qatar 2022 stadiums — Ahmad Bin Ali, Khalifa International and Education City. The Ahmad Bin Ali Stadium, inaugurated just last week on December 18, will stage the opening match between Qatari champions Al Duhail and Auckland City of New Zealand on February 1, and the final will be played at Education City Stadium on February 11. Joining the two teams will be European champions and German side FC Bayern Munich, CONCACAF champions Tigres UANL from Mexico, Al Ahly SC, Egyptian side and winners ...
U.S. warns Pacific islands about Chinese bid for undersea cable project
The United States has warned Pacific island nations about security threats posed by a Chinese company’s cut-price bid to build an undersea internet cable, two sources told Reuters, part of an international development project in the region. Huawei Marine, which was recently divested from Huawei Technologies Co Ltd and is now majority-owned by another Chinese firm, submitted bids along with French-headquartered Alcatel Submarine Networks (ASN), part of Finland’s Nokia, and Japan’s NEC, for the $72.6 million project backed by the World Bank and Asian Development Bank (ADB), the sources with direct knowledge of the project details said. The project is designed to improve communications to the island nations of Nauru, Federated States of Micronesia (FSM) and Kiribati. Washington sent a diploma...