The Federal Executive Council (FEC) has approved a new Medium-Term Debt Management Strategy for Nigeria (MTDS) for the period 2020-2023. With the approval, announced during Wednesday’s virtual FEC meeting, the DMO which is saddled with managing the nation’s debt matters, has promised full implementation to support economic development while ensuring that public debt is sustainable. The MTDS is a policy document which provides a guide to the borrowing activities of the government in the medium-term, usually four years. It is recognised as one of the best practices in public debt management and is recommended by the World Bank and International Monetary Fund (IMF) to ensure that public debt management is driven by a well-articulated strategy that is structured to meet a country’s broader mac...
Many Palestinians see a ruling by the International Criminal Court that it has jurisdiction over the Palestinian territories as a belated chance of justice for victims of Israeli attacks. But for many Israelis, Friday’s ruling is worrying because they say they are the “good guys” defending themselves against Palestinian violence. The ruling, delivered by a pre-trial chamber of three ICC judges, could lead to criminal investigations of Israel and Palestinian militant groups including Hamas. No probe was expected in the near future, however. ICC prosecutor Fatou Bensouda said she would now examine the decision and pointed to the 2014 Gaza war between Israel and militant groups in Hamas-controlled Gaza, the 2018 Gaza border protests and Israeli settlements in occupied territory. In Khan Youni...
Former Nigerian Under-17 international left-back, Ogaga Oduko, has completed a winter transfer to FC Saburtalo Tbilisi, one of the elite football club-sides in Georgia. Saburtalo, league champions in 2018, Georgian Cup winners in 2019 and also Georgian Supercup winners in 2020 snapped up Oduko on a two-year contract until January 2023. Ese Oduko, the adoptive father of the ex-Golden Eaglets player said his son “signed a two-year deal and might go to Belgium in the summer before moving to England.” England-based football scout, Ese Oduko who is also the CEO of Fresh Talents Football club/academy further said: “But we are hopeful for the future for him (Ogaga).” The 18-year-old who played for Nigeria at the U-17 African Cup of Nations hosted by Tanzania in 2019 has already played a friendly ...
Oliver Stolpe, country representative of the United Nations Office on Drugs and Crime (UNODC), says he is confident Mohammed Marwa, chairman of the National Drug Law Enforcement Agency (NDLEA), will excel in his new position. According to a release signed by Jonah Achema of the public affairs unit of NDLEA, Stolpes said the appointment of Marwa is a positive sign and has renewed global confidence in Nigeria’s drug control capability. “We have every confidence in your ability to deliver,” Stolpe said during a courtesy visit to the NDLEA headquarters in Abuja on Monday. He said the UNODC is in support of the National Drug Control Master Plan and other drug control documents being developed by NDLEA in its bid to wipe out illicit drugs in the country. “As a technical assistance provider, whic...
Former Vice President Atiku Abubakar has declared Nigeria is in dire need of urgent rescue. Nigeria, he said, has been badly damaged and broken. He decried the unbearable and alarming conditions Nigerians are living with, lamenting hunger was ravaging as farmers have deserted their farms for fear of being killed. These were contained in a statement in Abuja on Sunday by Hon. Oladimeji Fabiyi, who stood in for the Waziri Adamawa at the weekend in Gombe State during the inauguration of the leadership of the North-east zone of the Nigeria Youth Congress for Atiku. “The hunger in the Northern Nigeria and indeed the entire country is getting to an unbearable and alarming rate as our farmers, fathers and mothers can no longer go to farm. “Agriculture is one of the comparative advantages the Nort...
Twitter: Donald Trump ban permanent, even if he runs for office again
Former President Donald Trump will not be returning to Twitter at any point in the future, according to the company’s chief financial officer. In an interview with CNBC’s Squawk Box program on Wednesday, Twitter CFO Ned Segal said that running for public office again would not reverse the ban the company handed out to Trump in the aftermath of the US Capitol riot on January 6th. The question is relevant considering Trump’s ongoing impeachment trial. A central question in the trial is whether Democrats can bar Trump from running for president again in 2024 or seeking other public office. Regardless of the outcome, the @realDonaldTrump will still remain suspended for good, Segal said. “The way our policies work, when you’re removed from the platform, you’re removed from the...