Governor Babajide Sanwo-Olu of Lagos State, said, yesterday, that it would take the state time to rebuild the properties destroyed during the EndSARS protests. This came on a day the Lagos State government disclosed that the 2021 budget of N1.164 trillion would be funded from a revenue estimate of N971.028 billion in the fiscal year, with a target on the expansion of tax nets. Governor Sanwo-Olu stated this while briefing State House correspondents, after meeting behind closed doors with President Muhammadu Buhari, at the Presidential Villa, Abuja. He said the meeting dwelt more on the second wave of the Coronavirus pandemic, security situation and the impact of the #EndSARS protests in the state. On rebuilding Lagos after the EndSARS protests, he said: “It is also some of the things I dis...
Kano state government has reaffirmed its commitment to the continuous implementation of the N30,600.00 minimum wage for civil servants. It however said, that deduction in November/December workers’ salary was a temporary measure informed by the drop in federal allocation and dwindling internally generated revenue occasioned by the COVID-19 pandemic. The state commissioner for Information, Malam Muhammad Garba who stated this in a statement, Thursday, indicated that the deduction was necessary to keep the government going in the face of the prevailing economic recession facing the country. “The state government took the measure instead of contemplating on paying half salary or in batches as obtained in other states or layoffs. “Similar temporary measure was taken, including cut in the allow...
The Nigerian National Petroleum Corporation, NNPC, is currently shopping for $1 billion to revamp Nigeria’s biggest refinery located in Port Harcourt, Rivers State. To realise its plans, the nation’s oil company is already in high-level discussion to raise the money via a prepayment deal with trading firms. If the financing is successful, the long overdue rehabilitation of the refinery should reduce Nigeria’s hefty fuel import bill. It would also mark Nigeria’s second oil-backed financing since the COVID-19 pandemic that has added to the difficulty of finding investors as fuel demand is sapped by lockdowns and renewable energy is gaining ground over fossil fuels. The money would be repaid over seven years through deliveries of Nigerian crude and products from the refinery once the refurbis...
Ghanaian soldiers intervened overnight to quell a clash between opposing parties in parliament ahead of the body’s swearing-in set for Thursday. Chaotic scenes erupted after a ruling party deputy tried to seize the ballot box during the vote for parliament speaker. The ensuing clash lasted several hours until the army stepped in, with national television broadcasting the drama live. “There was total breakdown of law and order,” said MP-elect Kwame Twumasi Ampofo of the opposition National Democratic Congress. “Looking at a member of parliament and a minister of state snatching ballot papers… was so shameful.” The new parliament will be virtually split down the middle between the two main parties, posing the risk of gridlock with key issues on the agenda including how to turn around an econ...
The Lagos State Chapter of Peoples Democratic Party has advised Gov. Babajide Sanwo-Olu to strive hard to provide satisfactory dividends of democracy to residents of the state in 2021. The state PDP Publicity Secretary, Taofik Gani, said this in an interview with the News Agency of Nigeria in Lagos, while assessing Sanwo-Olu’s performance in 2020. “As a constructive opposition party, the year 2020 was not satisfactory in terms of dividends of democracy to Lagos residents. “Most of the local council chairmen performed below average, Sanwo-Olu should look into that because the chairmen are putting too much pain on the people due to their abdication of duties. “We are indeed very anxious to take over government as an opposition party in Lagos,” Gani said. According to him, the party shared wi...