Analysts have expressed concerns over a recent claim that the federal government resorted to printing money to augment the monthly allocation to the three tiers of government, warning that it could heighten inflationary pressure with dire consequences for the country’s exchange rate and economy. The analysts, in separate interviews with newsmen, warned that a sustained policy of printing the currency, if not well managed, would hurt the economy. The concern came on the heels of recent revelation by Governor of Edo State, Mr. Godwin Obaseki, that due to the dwindling revenue in the face of declining oil revenue arising from the growing sources of alternative sustainable energy, the federal government had to print money to augment the amount available for sharing by the federal, state and lo...
Gov. Rotimi Akeredolu has approved the dissolution of Ondo State Oil Producing Area Development Commission (OSOPADEC) board. This is contained in a statement by the state Acting Governor, Mr Lucky Aiyedatiwa, on Monday in Akure. He directed the most senior officer to take charge of the commission with effect from April 12, pending the reconstitution of the board. “The erstwhile members of the board are hereby directed to hand over all government property in their possession to the secretary of the commission who is the most senior officer,” he said. The governor while appreciating the board members for their services and contributions to the development of the oil producing areas and the state at large, wished them well in their future endeavours. Get more stories like this on Twitter You ...
Governments are putting women and girls at greater risk of the health and socio-economic impacts posed by the coronavirus pandemic, two global studies released Wednesday show. They called on leaders to prioritise gender equity in their response to the health crisis. Two studies, one from a global research partnership led by the Global Health 50/50 Project in London and another by the Center for Global Development (CGD) in Washington, were released Wednesday to coincide with World Health Day that highlight major failings by national governments to consider sex or gender in their COVID-19 policies. Since the start of the pandemic in March 2020, several studies have pointed to the disproportionate impact of the pandemic on women. Many women have shouldered a heftier burden taking on more unpa...
News Agency of Nigeria A former President of the Senate, Senator David Mark, has charged Nigerians to bury their religious and ethnic differences and come together to establish a common front against forces threatening the peaceful coexistence of the people. Mark said it was time for all men and women of good conscience to rise to the occasion and proffer lasting solutions to the lingering insecurity that has enveloped the entire country. The former Senate President stated this at a mass on Thursday to mark his 73rd birthday at St. Mulumba Catholic Chaplaincy, Apo, Abuja. According to him, Nigerians can no longer deny the current level of insecurity and disharmony rocking the nation. He said: “Though we have different reasons to celebrate at different times, we cannot shy away from the pre...
Britain’s first LGBT+ retirement home is set to open in mid-2021, the housing association behind the London riverside apartments said, highlighting a growing market of older people who do not want to be forced back in the closet. There is a critical need for housing for older LGBT+ people, said Anna Kear, Chief Executive of Tonic Housing, as many say it would be “terrifying” to live in a predominantly straight home where other residents did not accept them. “People say that if they get to that stage, they would rather (die by) suicide than go into a heterosexual care home or sheltered housing environment, which is just awful,” she told the Thomson Reuters Foundation. With an ageing population, the demand for specialist housing for older people is growing, with private retirement units acco...
The Federal Government has appealed to Resident Doctors to shelve their threat of embarking on a nationwide strike in the country. The Minister of Labour and Employment, Dr Chris Ngige, made the appeal at a conciliatory meeting with the National Association of Resident Doctors (NARD) on Wednesday in Abuja. Newsmen recall that NARD had threatened to shut public health care facilities beginning from April 1, over unpaid salaries and other welfare packages. Ngige said that majority of the welfare issues under contention were almost resolved even before the letter of compliant and notification of a planned strike action was delivered at the ministry ”We are here because we have started solving your issues. We put up proposals with given timelines on how to deal with them. “We will look at thos...
A Civil Society Organisation, CSO, Yiaga Africa, on Monday, demanded effective monitoring and evaluation of COVID-19 vaccination and also strengthening the nation’s health sector. This was stated by the Director of Programmes, Yiaga Africa, Cynthia Mbamalu, while speaking on the need for the vaccination to be guided by certain principles that would bring about the inclusion of all citizens in the process. Mbamalu said: “The conversation is important to ensure that the whole process of vaccination is guided by certain principles and every aspect of society is catered for. In the implementation of vaccines in Nigeria, we need to deploy effective monitoring and evaluation systems that will help document how well we have done, document the learning, and how we can improve on the system. “Beyon...