Stability
NESG: Nigerian economy to beat IMF growth forecast in 2021
The Nigerian Economic Summit Group has predicted a growth rate of 2.9 per cent for the Nigerian economy in 2021, higher than the 1.5 per cent growth rate suggested by the International Monetary Fund. The NESG identified eight key policies and events that will help shape the outlook of Nigerian economy in 2021. This is contained in the group’s 2021 Macroeconomic Outlook Report titled, “Four Priorities for the Nigerian Economy in 2021 and Beyond,” launched virtually on Tuesday. According to the report, for Nigeria’s economy to get back on track, the economy needs a high, robust and sustained economic growth that will deliver a significant reduction in unemployment and poverty. The report said the government’s most important agenda in 2021 must be to address these problems as a foundation for...
Lagos chamber projects positive economic recovery by Q2
The Lagos Chamber of Commerce and Industry (LCCI) has projected a return to positive growth path for the Nigerian economy in the second quarter of 2021. Mrs Toki Mabogunje, President, LCCI, addressing journalists at the first edition of the chamber’s quarterly news conference, said the projection was subject to the absence of major economic shocks. Mabogunje, however, said that the projected recovery was expected to be subdued within the region of one per cent. “Projections by the World Bank and the International Monetary Fund put Nigeria’s annual average growth for year 2021 at 1.1 per cent and 1.5 per cent, respectively. “Expectation of slow growth momentum reflects the lingering effects of the pandemic on the Nigerian economy and prospects of stricter containment measures considering th...
FCT chief judge bows out service
The Chief Judge of the Federal Capital Territory (FCT), Justice Ishaq Usman Bello, on Tuesday bowed out of service on the attainment of 65 years of age. This is even as he declared in his speech at a valedictory court session held in his honour that the greatest strength of the judiciary remained the trust, reliance and faith of the people in it. Bello, who became the FCT CJ on May 28, 2015, said that in a democratic set up like Nigeria’s, the judiciary had to be impartiality. “I solemnly accept as true the saying that the greatest strength of the judiciary is the trust, reliance and faith of the people in it. “In several cases, I have seen the court take decisions against the state as well for the achievement of the ends of justice. I know this well because I have delivered some myself,” ...
Tottenham boss ‘angry’ with Dele Alli for creating ‘problems for his own team’
Tottenham boss Jose Mourinho has hit out at Dele Alli, accusing the midfielder of creating “problems for his own team” in his side’s 3-1 win over Stoke in the Carabao Cup. Alli was handed a rare start at Stoke on Wednesday and looked dangerous on occasions in attack, seeing a goal-bound strike saved by Andy Lonergan in the first half. However, he was at fault for Stoke’s goal when a flick gifted possession to the home side – and it was an action that angered his coach. “For me a player who plays in that position is a player that has to link and create and not create problems for his own team,” Mourinho said in his post-match press conference. “They got us on the counterattack, so yes I was angry. “First half we were solid. They didn’t touch the ball, have a shot, have a corner. Instead of ...
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...
President Akufo-Addo: Sustenance of Ghana’s peace is a shared responsibility
President Akufo-Addo says the sustenance of the country’s peace is a shared responsibility for all Ghanaians and has therefore entreated citizens to play their part in keeping the country united even after a fiercely contested election. The President’s comment comes after pockets of violent clashes and vandalism by some elements who feel aggrieved following the declaration of the election results by the chairperson of the Electoral Commission led to a few deaths across the country. Addressing the Muslim community at a thanksgiving service at the Central Mosque in Accra Friday, President Akufo-Addo expressed hope that the Ghanaian people will find a way to come together as one people. “I’m confident that the good sense of the Ghanaian people will make sure that the peace and stability of ou...
U.S. senators seek possible sanctions over Ethiopia conflict abuses
Two U.S. senators have called on their government to consider imposing sanctions on any political or military officials found to be responsible for human rights violations during a month of conflict in Ethiopia’s northern Tigray region. The proposed resolution was introduced on Wednesday by Senator Ben Cardin, a Democrat, and Senator Jim Risch, a Republican. It was the first such call by U.S. lawmakers since war between Ethiopian federal forces and the Tigray People’s Liberation Front (TPLF) broke out on Nov. 4. The conflict is thought to have killed thousands and displaced more than 950,000 people, according to United Nations estimates, about 50,000 of them into Sudan. Concern has mounted over reports of civilians targeted by both sides, posing a policy dilemma for the United States, whic...
President Buhari urges Nigerians to pray for peace, unity
President Muhammadu Buhari has urged Nigerians to continue to pray for peace, unity and stability in the country. The president made the call in an address at the 70th anniversary of the Qaddriyya on Saturday in Kano. Buhari, represented by Alhaji Sabo Nanono, Minister of Agriculture and Rural Development, said the call was imperative to foster unity and address security challenges in the country. He enjoined the youth to avail themselves of the opportunities of agriculture and economic empowerment programmes initiated by the Federal Government to learn trades, become self reliant and engage in productive activities. Buhari expressed delight over the conduct of the event and commended the Leader of the Qadiriyya, Sheikh Qaribullah Nasiru-Kabara for his support and constant prayers for the ...
Governor Wike: Nigeria’ll be on fire if President Buhari fails to restructure
Rivers State Governor, Nyesom Wike, has stated that the nation would be on fire if President Muhammadu Buhari fails to use the available opportunity to restructure the nation, urging the president to heed the clamour for fiscal federalism and restructuring to douse brewing tension in the country. The governor also advised the president to genuinely address the concerns and grievances expressed by stakeholders in the South-South and those of other geopolitical zones during the meeting with federal government delegation led by Chief of Staff to the President, Professor Ibrahim Gambari. Wike, who spoke Thursday on a television interview tasked the President to use the opportunity to address pressing issues affecting the stability of the country. Wike said: “President Buhari, has an opportunit...
Saudi Arabia says it seeks a way to end dispute with Qatar
Commenting on the dispute on Saturday, Prince Faisal bin Farhan Al Saud said Saudi Arabia is continuing to find a way to end the blockade on Qatar, but he added it remains conditional on addressing security concerns. The post Saudi Arabia says it seeks a way to end dispute with Qatar appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
President Buhari mourns deceased former Malian leader
President Muhammadu Buhari, on Wednesday, commiserated with the government and people of Mali over the death of the country’s former President, Toumani Toure. Buhari’s condolence message was contained in a statement by his Senior Special Assistant on Media and Publicity, Garba Shehu, titled ‘President Buhari condoles with Mali over passing of former leader, Amadou Toumani Toure’. The statement read, “President Muhammadu Buhari sends heartfelt condolences to government and people of the Republic of Mali over the passing of former President, Amadou Toumani Toure. “The President commiserates with family of the departed Malian leader, whose ten-year reign in the country contributed to the strengthening of political institutions, and measure of stability, starting with his presiding over a peac...
General Buratai: Army will not allow subversive elements to destabilise Nigeria
The Chief Of Army Staff (COAS), Lt.-Gen. Tukur Buratai, has warned that the army would not allow subversive and unscrupulous elements to destabilise the peace and stability of Nigeria. The Acting Director, Army Public Relations, Col. Sagir Musa, said that Buratai made the remarks during a meeting with Principal Staff Officers, Commanding Officers and field commanders on Monday in Abuja. Musa briefed newsmen on the outcome of the meeting at a news conference. Buratai told the PSOs, GOCs and field commanders that there would be no room for disloyalty amongst all officers and soldiers of the Nigerian Army. He directed that they must reiterate to all their subordinates that the army was determined to ensure democratic stability in Nigeria as the only panacea for development and progress. Accor...
