Minister of Information, Lai Mohammed, has declared that there is nothing wrong in borrowing. He said what matters is that funds are invested in infrastructure rather than services or consumption. The minister insisted that Nigeria is effectively utilizing the funds it borrowed from China and elsewhere for infrastructural development and job creation. Mohammed spoke at the construction site of the Ibadan Train Station on Saturday. He inspected the Lagos-Ibadan Standard Gauge Rail Project with his Transportation counterpart, Rotimi Amaechi. “We didn’t borrow money for services or overhead expenditure. We borrowed money for capital projects: rail; roads; bridges; power – infrastructure generally,” he said. Mohammed expressed delight at the level of work on the train stations and the modern c...
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A China’s western Xinjiang region saw a spike in coronavirus cases in the last one week, with 16 new cases reported by midnight Friday, according to China’s National Health Commission. Urumqi, the capital of Xinjiang and home to 3.5 million people, has been on lockdown since Thursday after one patient tested positive midweek and four were found to be asymptomatic, according to Chinese news outlet ‘The Paper’. Since then, a handful of cases have emerged. Transportation, including flights and trains in Urumqi, has also been suspended, the Paper said. China has largely brought the coronavirus pandemic under control, but a small number of infections continue, according to official government figures. There are currently 252 active cases nationwide, according to the NHC. The new cases in Xinjia...
The Federal Government has appealed to traders not to hike prices of food items and transportation as the country battles to contain the Coronavirus (COVID-19) global pandemic. Alhaji Lai Mohammed, the Minister of Information, Culture, and Tourism, made the appeal at the Presidential Task Force on COVID-19 daily news briefing on Thursday in Abuja. He said it was necessary that market women and men understood the enormity of the time regarding the COVID-19 pandemic. He added that there is a need to show compassion to all Nigerians by not hiking prices of foodstuff and services. The minister said that this period was a time to give back to society while calling on Nigerians not to take the opportunity of COVID-19 to further oppress other Nigerians. “This is a time people are giving back to s...