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Ondo governor: No land in southern Nigeria will be ceded to invaders masquerading as herdsmen

The Ondo State Governor and Chairman of the Southern Governors Forum, Mr Oluwarotimi Akeredolu, has declared that “no inch of the space delineated and known, currently, as South West, and indeed the whole South, will be ceded to a band of invaders masquerading as herdsmen under any guise.” Akeredolu made the declaration in a statement signed by his Senior Special Assistant Special Duties and Strategies, Dr Doyin Odebowale. The declaration was sequel to a statement signed by the Senior Special Assistant to the President on Media and Publicity, Mr Garba Shehu, on the position of President Muhammadu Buhari, on the farmer-herder clashes and what was termed as “Deep Rooted Solutions to the herdsmen attacks”. Shehu had in the statement revealed the presidency’s position that ranching and revival...

AfDB grants $11.26 million for women, girls’ education in Chad

The Board of Directors of the African Development Bank has approved a grant of $11.26 million to the Government of Chad to finance the Girls’ Education and Women’s Literacy Project – the bank’s first grant exclusively targeting women and girls. The project will be financed from the Bank’s Transition Support Facility and will be implemented over a five-year period by the Chadian Ministry of National Education and Civic Promotion, in coordination with partners involved in the education sector, civil society organisations, and youth organisations. The Chadian government will contribute a non-monetary contribution of $713,000 towards the program. “Through this financing, the African Development Bank is providing support to the Chadian government to reduce inequalities through access to educati...

World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021

ABS-CBN The World Bank says global economy is expected to grow by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. It said this in a statement issued in Washington D.C. on Tuesday at the presentation of the January 2021 Global Economic Prospects. It added that the said recovery would likely be subdued unless policy makers moved decisively to tame the pandemic and implement investment-enhancing reforms. The bank also said that growth in Sub-Saharan Africa was forecast to rebound moderately to 2.7 per cent in 2021, while Nigeria’s growth was expected to resume at 1.1 per cent. For the region, it said that while the recovery in private consumption and investment was forecast to be slower than previously envisioned, export growth was expe...