Finance ministers of G-20 countries have approved an extension of debt relief for the world’s poorest nations till December 2021. David Malpass, World Bank president, made the announcement at the virtual spring meeting, on Wednesday. TheCable had earlier reported that the G-20 countries will meet this week to consider an extension of the debt freeze. The G-20, is a group of finance ministers and central bank governors from 19 of the world’s largest economies, including those of many developing nations, along with the European Union. G-20 countries had established a debt service suspension initiative (DSSI) which took effect in May 2020. Nigeria had benefited from the initiative which delivered about $5 billion in relief to more than 40 eligible countries. The suspension period which was or...
Police in Ebonyi, Tuesday, repelled another attack by gunmen on another police station in the state. One of the assailants was allegedly killed in a shootout with the police. Newsmen reliably gathered that one of the gallant police officers, who repelled the attack, was injured and rushed to a hospital for treatment. The incident happened at Ugbodo Police station in Ebonyi Local Government area of the state. A top security source in the state, who spoke to newsmen, said the gunmen launched the attack around 2am on Tuesday. “But they met stiff resistance from the police men at the station. In the ensuing battle, a Police officer sustained an injury while the gunmen later retreated with some of them being hit by the bullets from the Police. “In the morning, the police went on a search of the...
Former Acting Governor of Delta State, Rt Hon Sam Obi, is dead. He died in the early hours of Saturday. Circumstances leading to his sudden was not known as at press time, but a dependable source confirmed that his body has been deposited in a mortuary in Asaba. The late Sam Obi represented the Ika North East State Constituency in the Delta State House of Assembly for three terms (2003-2015) and became Acting Governor in 2010 after Court nullified the 2007 election of former Governor Emmanuel Uduaghan and ordered a rerun. Until his death, he was the General Overseer of Oracle of God Ministry, Asaba. Get more stories like this on Twitter 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 t...
File Photo Students of The Polytechnic, Ibadan, Oyo State, have threatened to publicly protest continuous extortions by lecturers as well as the recurrent mass failures typifying their examinations, saying their future was hanging in the balance. A source told newsmen that the students are from the Urban and Regional Planning Department. Through their association, the aggrieved students this week raised a petition to the school management to look into the anomalies of their lecturers and take action, otherwise they would lead a public protest. In a copy of their petition titled, “Lamentations of the Urban and Regional Planning Students,” the students decried the harsh learning conditions in the department and the resultant mass failure and extra academic years that students suffered They s...
Serving Speakers and their predecessors from the Northwest zone of Nigeria have declared their support for Asiwaju Bola Ahmed Tinubu as the successor to President Muhammadu Buhari in 2023. Their declarations and promises are coming some weeks after a similar endorsement of Tinubu was carried out by their colleagues in the southwestern zone of Nigeria. At a meeting held in Kano for the states in the northwestern zone on Friday, the senior lawmakers declared that Tinubu remains the right person for the presidential ticket of the All Progressives Congress (APC) at this time. Some of them argued that with the challenges currently being faced by the country, Nigeria deserves a leader who is detribalised and has shown over time that he has the capacity to lead the country. Praising Asiwaju Tinub...
Hundreds of shops were burnt to ashes following a fire outbreak at Katsina Central Market on Monday, newsmen report. The fire started at around 8 a.m., on Monday, from some shops located at the centre of the market, before it spread to other parts. The fire is still raging as at about 12:30pm, in spite of efforts of firemen to contain it. The inferno had destroyed property worth billions of Naira, mostly belonging to traders selling clothings, shoes, kitchen utensils, carpets, plastics among others. Some of the traders affected said they had no idea how the fire started, but added that they had lost everything in their shops to the fire. Alhaji Harisu Abdullahi, whose shop was among those destroyed, said it was difficult to ascertain the cause of the fire, and has left everything in the ha...