Stability
Senator Tinubu donates N50 million to victims of Katsina market inferno
The National Leader of the All Progressives Congress (APC), Bola Ahmed Tinubu, has donated N50 million to victims of Katsina Central Market fire incident and called for the reopening of the market to enable traders resume commercial activities. The former Lagos State governor, who announced the donation while addressing the affected traders at the ravaged market Wednesday, said he would continue to support the state government and the traders to rebuild the affected shops. Tinubu, who was accompanied to the scene by Governor Aminu Bello Masari; his Deputy, Mannir Yakubu and the Secretary to the State Government, Mustapha Inuwa, expressed shock over the fire disaster. He said the immediate reopening of the market would enable the victims to ascertain the number of properties lost and kickst...
Brazil federal prosecutor appeals decision to annul Lula da Silva’s convictions
The office of Brazil’s prosecutor general on Friday appealed a Supreme Court judge’s ruling earlier this week that annulled the criminal convictions of former leftist President Luiz Inacio Lula da Silva. If successful, the appeal could close the door on the popular politician running in next year’s presidential election, which had become a reality after Monday’s surprise decision by Justice Edson Fachin. Two opinion polls published on Friday, the first since Lula’s convictions were annulled, showed that President Jair Bolsonaro is still favored to win the 2022 election but his advantage has shrunk, and one said 61% do not approve of his handling of the pandemic that has taken 270,000 lives. The survey for Exame business news magazine by pollster Ideia found that Bolsonaro would win a run-o...
NIRSAL partners NASENI to create 110,000 jobs in agric sector
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has entered into partnership with the National Agency for Science and Engineering Infrastructure (NASENI) with a view to creating over 110,000 jobs in the nation’s agricultural value chain. NIRSAL said in a statement in Abuja Friday that the move is in “continuation of its mandate of providing end-to-end solutions aimed at fixing breakages along the Agricultural Value Chains (AVC) in Nigeria”. According to the statement, NIRSAL has engaged NASENI as its technical collaborative partner for the conceptualization, design, development, deployment, implementation and execution of various schemes/projects under the NIRSAL-NASENI Comprehensive Tractor Recovery Scheme, the NIRSAL Climate-Smart Modular Geo-Coopera...
Governor Ikpeazu: Oil companies have no presence in Abia
Governor Okezie Ikpeazu of Abia State, has expressed concern that despite the long years of oil exploration in the state, there was nothing tangible people of oil-producing communities in the state have to show for it. Ikpeazu, while receiving the Senate and House of Representatives Joint Committee on Petroleum Industry Bill led by Senator Albert Bassey at Government House, Umuahia, said that Abia oil-producing communities have remained peaceful more than other oil-producing communities in the country, stressing that the peaceful disposition of the communities should serve as a model for the compensation of oil-producing communities. The governor lamented that the oil exploration and production companies who do business in Abia do not pay taxes to the state, but rather reside in neighbouri...
Ex-President Jonathan enlists colleagues to mitigate electoral crises in West Africa
Former President Goodluck Jonathan has enlisted the support of other ex-presidents and Prime Ministers in West Africa to mitigate elections-related conflicts to promote peace in the region. Mrs Ann Iyonu, Executive Director, Goodluck Jonathan Foundation (GJF) announced this at a news conference in Yenagoa on Friday. Iyonu said that the former leaders’ group christened West African Elders Forum (WAEF) was inaugurated by Jonathan at a virtual meeting held on Thursday. She said that WAEF was an initiative of the GJF aimed at harnessing the goodwill, expertise and experiences of former leaders to promote peaceful elections and deepen democracy in West Africa. According to her, the forum comprises three former leaders of Nigeria, Ex-President Jonathan, Chief Olusegun Obasanjo and Retired Gen. A...
Gombe governor suspends Mai Tangale selection process
Gombe State governor, Muhammadu Inuwa Yahaya, has suspended all proceedings leading to the selection of a new traditional ruler of Tangale Chiefdom until peace is fully restored to the troubled area which has seen days of violent protests. This follows confirmation by the state’s commissioner of Police, Maikudi Shehu confirmed that three persons have been killed during the crises. The police commissioner who spoke when the governor led some members of the government on assessment tour of the destruction of lives and property in Billiri local council area said: “So far we have arrested 10 suspects and we are still counting. About three people died during the cause of incident.” Meanwhile, governor Inuwa Yahaya during statewide broadcast yesterday shortly after returning from Billiri that th...
Asiwaju Tinubu: How Lateef Jakande rejected calls to contest for president
National leader of the All Progressives Congress, APC, Asiwaju Bola Tinubu, has recounted how late first civilian Governor of Lagos State, Lateef Jakande rejected calls to contest for the president in Nigeria. Tinubu revealed this on Friday during the eight-day Fidau prayer for Jakande in Ilupeju area of Lagos, Southwest Nigeria. He said Lagos State was luck to have a man like Jakande and that those in government had been extremely lucky to draw from his fountain of knowledge. ”To all of us in Lagos, we have been extremely lucky to have him, extremely lucky to draw from the fountain of his knowledge, Nigeria equally is lucky but when the crisis of military and many other arose, we met him, we said, we want Jakande but he said, he was no longer interested in becoming the president in the mi...
How ICPC is combating corruption in MDAs, stopped diversion of N189 billion personnel cost
File Photo In the past few years, the Independent Corrupt Practices and Other-Related Offences Commission, as part of its statutory mandate, has been conducting systems study and review of ministries and organisations in the federal public service. The overall objective of a system review is reform of the systems and procedures of public agencies with a view to identifying and eliminating, preventing, blocking and obstructing opportunities for corruption. To achieve this, the exercise targets detecting areas of vulnerabilities, actual weaknesses, leakages and corruption risks and to recommend ways of strengthening these systems and removing the discretionary gaps and such opportunities for both individual and institutional malfeasance on public resources. In addition, the review also targe...
How ICPC is combating corruption in MDAs, stopped diversion of N189 billion personnel cost
File Photo In the past few years, the Independent Corrupt Practices and Other-Related Offences Commission, as part of its statutory mandate, has been conducting systems study and review of ministries and organisations in the federal public service. The overall objective of a system review is reform of the systems and procedures of public agencies with a view to identifying and eliminating, preventing, blocking and obstructing opportunities for corruption. To achieve this, the exercise targets detecting areas of vulnerabilities, actual weaknesses, leakages and corruption risks and to recommend ways of strengthening these systems and removing the discretionary gaps and such opportunities for both individual and institutional malfeasance on public resources. In addition, the review also targe...
NLC: Nigeria’s insecurity, poverty getting out of control
The Nigeria Labour Congress (NLC) on Wednesday held their National Executive Council (NEC) meeting, at the Nigerian Airforce Conference Centre, Abuja, where they lamented the precarious state of insecurity and economic woes in the country. According to President of the NLC Ayuba Wabba, hardly does any day passes by without one negative report of citizens either kidnapped or abducted for payment of ransome. Lamenting the situation, Wabba said our beloved country has never been emmeshed in the grips of insecurity turbulence and crisis as we witness today. He said in the past two years or so, we have witnessed an intense resurgence of terrorism, armed banditry, kidnap-for-ransom, militancy and resource conflicts all over the country. According to him, there is also the challenge of criminals ...
#ENDSARS: Group urges youths to end proposed protest in Lagos
The Committee of Youths on Mobilisation and Sensitisation (CYMS) has urged Nigerian youths to boycott the proposed protest in the interest of peace and socioeconomic stability that were affected after the 2020 “ENDSARS PROTEST”. The Lagos State coordinator, CYMS, Leonard Obasi, disclosed this in a statement issued to newsmen on Friday in Abuja. To counter the proposed Feb. 13 protest #OccupyLekkiTollGate at the tollgate plaza, some youths had announced a #DefendLagos rally to hold at the same venue. The plan to #OccupyLekkiTollGate came barely a day after the controversial ruling of the Lagos Judicial panel of inquiry to reopen the Lekki Tollgate. Obasi said that this has become compelling owing to reports of a planned protest by what he described as some self-centered elements who were he...
Coronavirus: CBN doubles loan disbursement to N300 billion – bank governor
The Central Bank of Nigeria (CBN) says it plans to double the Targeted Credit Facility (TCF) from the initial N149.21 billion to N300 billion following the resounding success recorded in the disbursement of the Covid-19 loans to the applicants. In his keynote address at the 2nd virtual seminar for Finance Correspondents and Editors at the weekend, the Governor said the Bank took the decision in order to accommodate many more beneficiaries as well as boost consumer expenditure which would positively stimulate the economy. He disclosed that the CBN initially created a N150 billion Targeted Credit Facility (TCF) for affected households and small and medium enterprises through the NIRSAL Microfinance Bank, adding that already, N149.21 billion has been disbursed to 316,869 beneficiaries. “Given...