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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...

Katsina approves 5,000 hectares of land for ranching

The Katsina State Government has approved 5,000 hectares of arable farmland for ranching as part of efforts to curb the herders and farmers’ clashes in farming villages and communities across the state. Governor Aminu Bello Masari, who disclosed this during the 46th annual conference of the Nigerian Society for Animal Production held at the Federal University Dutsin-ma (FUDMA), Katsina, said ranching system will enable the children of herders to have qualitative education. He said that the only solution to the herdsmen and farmers crisis bedevilling some parts of the country is the establishment of ranches in the states, hence the provision of the 5,000 hectares of land. Masari, represented by his Special Adviser on Livestock and Grazing Reserve, Dr. Lawal Bagiwa, explained that apart from...

Minister confirms new date for National Sports Festival

The ministers of youths and sports development, Sunday Dare, yesterday confirmed April 2nd to April 14th as the new date for the 20th National Sports Festival to kick-off. He made the announcement during a visit to the Edo State Government House in Benin City, the Edo State capital. He also announced that Edo State will be used for the National Camp in preparation for the 2020 Tokyo Olympic Games taking place later this year. Dare said further that the Federal Government is determined to go ahead with the Unity Games which is the sequel to participation at the Tokyo Games. However, he noted that due to logistics under the circumstances occasioned by the COVID-19 pandemic, the number of athletes has been reduced from 14,000 to 8,000 athletes. Edo State Governor Godwin Obaseki in response as...

Alex Lahey Shreds on Cover of Faith Hill’s “This Kiss”: Stream

Australian indie rocker Alex Lahey has shared her own take on Faith Hill’s classic 1998 hit, “This Kiss”. Stream the cover below via Amazon Music. For her version of the country pop ballad, Lahey slightly speeds up the tempo and replaces the acoustic guitar with an electric. The cover transforms “This Kiss” into a straightforward rock tune and it absolutely shreds. “For years, I’ve had this big idea of doing an indie rock cover of Faith Hill’s ‘This Kiss,’ Lahey shared in a statement. “Two key changes, that iconic chorus, a million vocal harmonies — what more could you want? It was such a treat pulling this together with my mates Oscar and Jess as we navigated the depths of Melbourne’s lockdown last year and I’m so stoked that Amazon Music are putting it out perfectly timed with ...

Ekiti governor’s wife calls on government to remove tax on sanitary pads

The wife of Ekiti State Governor, Mrs Bisi Fayemi, has called on government to remove taxation on sanitary pads and engage in its local production to make it less expensive. She said this on Thursday at the inauguration of project P4iGC3, Pad for Improved Girl Child Education, by Balm in Gilead Foundation For Sustainable Development, BIGIF in Ado-Ekiti. Mrs Fayemi explained that such government’s policy was needed to promote the girl-child upbringing and keep them in school. “In rural areas, women do not have access to sanitary products. It is safe to say that one in every three girls in the country cannot afford safe and hygienic sanitary pads for proper menstrual hygiene management” she said. She also called for the sensitisation of adolescent girl child on menstrual health management to...

2023: PDP panel throws presidential tickets open

File Photo Amidst thinking from many stakeholders that North-East and South-East geo-political zones that have had the shortest stints at the Presidency, should be given special consideration, the Peoples Democratic Party (PDP) panel has thrown open the 2023 presidential ticket. The governor of Bauchi state and Chairman, PDP 2019 election review committee, Bala Mohammed, gave this recommendation on Wednesday while submitting the report of the committee to the party leadership. The Governor said: “In line with certain unwritten conventions of the nation’s history, many people think that, for fairness and equity, the North East and South East geo-political zones that have had the shortest stints at the Presidency, should be given special consideration, in choosing the presidential flagbearer...

National Assembly members agreed not to be hostile to Prudent Buhari’s government – Senate spokesman

The current 9th National Assembly members all agreed that they will not have an acrimonious relationship with President Muhammadu Buhari’s government, unlike the 8th Assembly under Bukola Saraki and Yakubu Dogara. Spokesman of the senate, Senator Ajibola Bashiru, who represents Osun Central disclosed this in an interview published in newsmen on Wednesday while responding to claims that the current national assembly is a rubber-stamp that is always quick to do the bidding of the executive. He said “I don’t know the basis for your question, but what I do know is that at the inception, there was an agreement among the lawmakers that we do not want an acrimonious relationship between the Executive and the Legislature”. “All of us witnessed how such a relationship worked against the interest of...

NDLEA rues over shipment of illegal cargoes through Nigeria’s seaports

The National Drug Law Enforcement Agency, NDLEA, has said some ships and their crew bring in illegal consignments from the port of origin into the country. NDLEA also hinted that the shipments are perfected by at the Nigerian end of the transaction by collaborators on arrival at the nation’s ports. Disclosing this in Lagos at the Joint Vessel Boarding Meeting held in Lagos, Assistant Area Commander, NDLEA, Mercy Thompson, noted that the recent drug seizure made at Tin-can Island Port by the Agency was also brought in the same way. She, therefore implored ship crew members to cooperate with representatives government agencies boarding vessels, while complaining that most times the ship captains and their crew refuse to come out to meet them while other times the crew are very uncooperative....

Russia calls U.S. allegations over Putin-directed election meddling ‘baseless’

Russia on Wednesday described U.S. intelligence allegations that President Vladimir Putin had likely directed efforts to try to swing the 2020 U.S. presidential election to Donald Trump as baseless. A 15-page American intelligence report, released on Tuesday, added heft to longstanding allegations that some of Trump’s top lieutenants were playing into Moscow’s hands by amplifying claims made against then-candidate Joe Biden by Russian-linked Ukrainian figures in the run-up to the Nov. 3 election. “The document prepared by the U.S. intelligence community is another set of baseless accusations against our country for interfering in American domestic political processes,” Russia’s embassy in the United States said in a statement on Facebook. “The conclusions of the report on Russia conducting...

US hails Nigerian women for advancing global development

In commemoration of the 2021 Women’s History Month, the U.S. Embassy’s public affairs chief Aruna Amirthanayagam has acknowledged the importance of women in the leadership and economic growth of every country. Women’s History Month is celebrated during March in the U.S., the United Kingdom, and Australia, to mark the contributions of women to society. Mr. Amirthanayagam, in his opening remark at an event with the acting Vice-Chancellor of the University of Port Harcourt, Stephen Okodudu, and the Rivers State chapter of the United States Government Exchange Alumni Association (USGEAA), said the non-inclusion of women in science advancements would lead to an unsustainable economy, a statement seen by newsmen read. “The U.S. Mission in Nigeria recognises the importance of women’s inclusion fo...

Jim Catino, Longtime Sony Music Nashville A&R Head, to Depart in June

“When I joined Sony Music almost six years ago, there was a need, and thus an opportunity, to reimagine the company’s priorities and what A&R could/should mean for Sony Music Nashville going forward. Particularly in the area of breaking new artists,” Goodman wrote. “Jim has been an important partner in making all of that happen from our very first meeting. Here we are, six short years later, having achieved significant artist break throughs as well as our aspirational goal of claiming #1 current market share for country. None of that would have happened without Jim’s creative vision, leadership and ability to execute. He has made an indelible mark on the amazing legacy of Sony Music Nashville and thus we all owe him a great debt of gratitude.” Among the artists Catino had worked with o...