World Bank
House of Reps summons auditor-general over $36.1 million World Bank loan
The House of Representatives has summoned the acting Auditor General of the Federation, Mr Aghughu Adolphus, over a $36.1m facility under the Fiscal Governance and Institutions Project of the World Bank, to the office. The House Committee on Public Accounts issued the summons at its public hearing in Abuja on Tuesday. Adolphus, who had earlier been invited by the committee, had failed to show up on Tuesday. His representatives led by a Deputy Director, Mr Babalola Olanrewaju, could not explain to the lawmakers the rationale behind taking the loan. Chairman of the committee, Mr Wole Oke, said, “We want to know what the loan was meant for before going to sign for it. What was your procurement plan before arriving at that figure? Or is it a reward? We need to know the programme plan, how you ...
Nigerian governors to meet with President Buhari to address security challenges
Governors of the thirty six states under the aegis of the Nigeria Governors Forum, NGF have resolved to meet with President Muhammadu Buhari to address the security challenges with continued cases of armed banditry, terrorism and kidnapping across the country. The governors are meeting with President Buhari especially to discuss last week’s gruesome beheading of about 43 Farmers in Zarbamari near Maiduguri, Borno State by Boko Haram Insurgents while they were working in their farmland without any form of resistance. The decision was part of the resolutions reached at the end of the 22nd NGF teleconference meeting. In a Communique signed by the NGF Chairman and Ekiti State governor, Dr. Kayode Fayemi, said, ” Members of the forum resolved to meet with Mr. President as soon as possible to ad...
Nigerian government seeks new Eurobond
The federal government yesterday disclosed that it would approach the Eurobond market next year in its effort to shore up the economy, amidst cocktails of measures being put in place to douse the effects of the Covid-19 pandemic on the economy. On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021. Finance Minister, Zainab Ahmed, who disclosed the Eurobond plan while speaking on Bloomberg TV, explained that the decision would depend on the prevailing interest rates. She, however, did not specify the amount to be accessed from the Eurobond. The Eurobond option is ...
Kano government to recruit 2,000 teachers to teach in girls’ schools
The Kano State Government on Monday said it had commenced plans to recruit and deploy 2,000 teachers to teach in all girls’ schools across the state. The post Kano government to recruit 2,000 teachers to teach in girls’ schools appeared first on TODAY. 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 to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
OPL245 scandal: Coalition urges World Bank group not to protect oil giants
A World Bank affiliated group may scuttle Nigeria’s bid to successfully prosecute illicit funds associated with the controversial OPL 245, a coalition of international anti-corruption groups has said. The post OPL245 scandal: Coalition urges World Bank group not to protect oil giants appeared first on TODAY. 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 to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
China calls for extended debt relief for poorest countries
Finance Minister Liu Kun made the call in an interview published on the website of the ministry of finance on Friday. The post China calls for extended debt relief for poorest countries appeared first on TODAY. 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 to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
World Bank-assisted CSDP constructs 45 secondary schools in Katsina
Alhaji Dikko Abdul’Aziz, General Manager of the World Bank-funded Community and Social Development Project (CSDP) in Katsina State, says the organisation has constructed and renovated 45 secondary schools in the state from 2017 to date. The post World Bank-assisted CSDP constructs 45 secondary schools in Katsina appeared first on TODAY. 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 to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
NBS solicits Nigerians’ support on survey on children, women
The National Bureau of Statistics (NBS) has appealed to the general public to support its survey on the situation of women and children it is conducting, is brought to “ a successful end”. Mr Sunday Ichedi, the Head, Public Affairs and International Relations Unit, NBS made the appeal on Wednesday in a statement. Ichedi said that Nigeria had formally started the process of conducting the Multiple Indicator Cluster Survey (MICS6)/National Immunisation Coverage Survey (NICS) with a virtual inaugural meeting of the National Steering Committee. The global MICS programme was developed by United Nations Children’s Fund (UNICEF) in the 1990s as an international household survey programme. The programme was developed to support countries in the collection of internationally comparable data on a wi...
Nigerian government approves N13.3 billion take off for community policing
The Federal Government has approved the sum of N13.3 billion for the take-off of Community Policing initiative across the country. This is as the World Bank has cleared 35 states for the US$1.5billion stimulus package for Nigeria’s states to cushion the economic effects of the COVID-19 pandemic. The National Economic Council (NEC) at its virtual meeting on Thursday, presided over by Vice President Yemi Osinbajo, at the Presidential Villa, Abuja, resolved that the Chairman of the Nigerian Governors Forum, with two other governors, meet with the Secretary to the Government of the Federation, the Finance Minister and the Inspector General of Police to coordinate the proper utilization of the funding of the initiative Attendance at the NEC virtual meeting with state governors, included the Min...
World Bank: Nigeria faces worst recession in 40 years
The collapse in crude oil prices, coupled with the COVID-19 pandemic, is expected to “plunge the Nigerian economy into a severe recession, the worst since the 1980s”, the World Bank said on Thursday. The World Bank, in a new report, titled ‘Nigeria in times of COVID-19: Laying foundations for a strong recovery,’ estimated that Nigeria’s economy would likely contract by 3.2 per cent this year. “This projection assumes that the spread of COVID-19 in Nigeria is contained by the third quarter of 2020,” it said. The bank said if the spread of the virus became more severe, the economy could contract further. It said, “Before COVID-19, the Nigerian economy was expected to grow by 2.1 per cent in 2020, which means that the pandemic has led to a reduction in growth by more than five percentage poin...
Kaduna reviews nutrition plan to include coronavirus response
The Kaduna State Government has started the review of the 2020 Operational Plan of its Multi-sectoral Strategic Plan of Action on Nutrition (KDMSPAN) to include Coronavirus (COVID-19) response activities. Mr Mahmoud Yamusa, Permanent Secretary, Planning and Budget Commission (PBC), said this at the on-going two-day Food and Nutirtion Co-ordination Meeting with Development Partners, organised by the Commission. Yamusa, who was represented by the Director, Development Aid Coordination, PBC, Mr Salisu Lawal, said that the review was necessary following the outbreak of COVID-19 and its effect on nutrition intervention in the state. He said that the review was also to enable the state implement nutrition activities in line with COVID-19 nutrition response. On his part, Lawal said that the objec...
Ex-President Jonathan: I was judged harshly before 2015 elections because …
Former President Goodluck Jonathan on Tuesday said he was wrongly judged by some of his friends and political opponents before the 2015 presidential election because of his personal convictions and the vision he had for the country. He, however, insisted that he does not hold any grudge against his detractors for their harsh criticisms. It would be recalled that the ex-President was widely criticised, before the election, for his approach to alleged corruption in his administration, the perennial problem of insecurity, and the sacking of some top government functionaries within his administration including the former Central Bank Governor, Sanusi Lamido Sanusi, ex-Chief of Army Staff, Lt. Gen. Azubuike Ihejirika, among other. Speaking in Abuja during the public presentation of a book ‘Dear...