Showing posts with label NEWS. Show all posts
Showing posts with label NEWS. Show all posts

Tuesday, August 4, 2020

[NEWS] Kwara SS3 Students To Resume Wednesday, August 5

[NEWS] Kwara SS3 Students To Resume Wednesday, August 5

The Kwara State Government on Monday, directed Senior Secondary School students, SS3, to resume academic activities on Wednesday, August 5, 2020.

The State Commissioner for Education and Human Capital Development, Hajia Fatimah Ahmed, announced during the official presentation of protective kits to the ministry by the state deputy governor, Mr. Kayode Alabi on Monday, ahead of Wednesday’s resumption of students preparing for the senior secondary school certificate examinations SSCE.
Alabi directed the ministry to ensure that the protective kits reach all the students that will resume on Wednesday.
“This is the first phase as we are also giving out sanitizers, while the Ministry of Education working with the state Covid-19 technical committee and stakeholders in the sector, has been mandated to ensure that safety rules are adhered to,” the deputy governor stated.
The commissioner also urged All Nigeria Confederation of Principals, ANCOPSS, to ensure that both teachers and students observe the rules and regulations of the Nigeria Centre for Disease Control, NCDC, in order to avoid casualties in schools.

According to her, “Monitoring teams from the ministry and its agencies will be going round for inspection,” adding that ” only the SS3 students are to resume on Wednesday for now.”
The government, she warned, “would not hesitate to discipline any school official that attempts to endanger the lives of the students.”
She said,
“Our SS3 students will resume this week, precisely on Wednesday. We have 65,000 face masks here which will be distributed to schools across the three senatorial districts of the state.”
ANCOPSS president, Alhaji Toyin Abdullahi, commended the state government for providing protective kits to schools in the state, assuring of even distribution of the kits to all schools.
The provision of the kits are part of the government’s efforts to flatten the curve of Covid-19 infection transmission in the state.


Friday, June 19, 2020

[NEWS] FG Plans Lifting 100m Nigerians Out Of Poverty

[NEWS] FG Plans Lifting 100m Nigerians Out Of Poverty



Federal government sets the time table towards lifting one hundred million Nigerians out of poverty in Nigeria.

The Federal authorities has set up a plan to fulfill its pledge of lifting one hundred million Nigerians out of poverty, by creating jobs thru unique Ministries, Departments, and corporations (MDAs).

Newsmen remember that President Muhammadu Buhari in his 2019 Democracy Day address said, “With management and a sense of motive, we are able to carry 100 million Nigerians out of poverty in 10 years.”

With a view to actualize the imaginative and prescient, Sen. George Akume, Minister of unique obligations and Inter-Governmental Affairs has convened an inter-ministerial assembly with different ministries to collaborate towards attaining the set goals.

In line with a communiqué issued by means of Mrs. Julie Jacobs, Director Press, within the ministry on Friday in Abuja, the assembly chaired by using Akume had in attendance; Alhaji Sabo Nanono, Minister of Agriculture and Rural improvement and Alhaji Suleiman Adamu, Minister of Water sources.

Others have been: Otunba Richard Adebayo, Minister of enterprise, exchange and funding, Dr. Mamood Abubakar, Minister of environment, and Dr. Kayode Fayemi, Governor of Ekiti state, and Chairman of Nigerian Governors discussion board.

In keeping with the communiqué, discussions have been made on a few key thematic regions where synergy turned into required throughout the applicable ministries to obtain the desired objectives.

It changed into resolved that collaboration most of the MDAs turned into a miles-wanted movement toward gratifying Mr. President`s imaginative and prescient.

At the same time as commending Akume for the initiative to create the framework of cooperation a number of the MDAs, the ministers agreed to be active in playing their own roles to reap their mandates in addressing the vision.

“There`s the want for stakeholders’ engagements, particularly states and nearby governments, and for a technical committee of experts to be installation to consist of specialists from the road ministries,” the communiqué announced.

The crew additionally agreed to amplify the discussion board to house different relevant ministries, the Organised private area, and Civil Society establishments; and to create an implementation approach and a platform for measuring, tracking, and evaluation of the inter-ministerial forum.

Further to the resolutions, the discussion board located emphasis on harnessing dams throughout the u . S . A . To growth agricultural manufacturing and strength technology for empowerment and poverty alleviation.

They also resolved to make sure the deployment of climate alternate model technology, agricultural initiative, harnessing of sundry possibilities for the establishment of cottage industries cutting across ministries of agriculture, surroundings, energy, water assets along monetary corridors inside the u . S . A . To alleviate poverty.

Monday, June 1, 2020

[NEWS] Buhari May Ease COVID-19 Lockdown Today

[NEWS] Buhari May Ease COVID-19 Lockdown Today



The President, Maj. Gen Muhammadu Buhari (retd.) is expected to further ease the lockdown imposed on the country to contain the spread of following his receipt, on Sunday, of recommendations from the Presidential Task Force on the pandemic.

Reports coming out of the State House indicate that the country may now be able to move to the second stage of ease of lockdown after it was postponed two weeks ago.

The PTF had last week announced that there’d be no hurriedly taken measures to return the country to a measure of normalcy.

In his last nationwide address to Nigerians, the president assured that the restriction on movements wouldn’t last longer than necessary. As calls mount for the president to reopen the economy, there’s however the problem of rising case of in the country occasioned by the partial easing of lockdown in various regions.

Thursday, May 28, 2020

[BREAKING NEWS] CBN Reduces Lending Rate, See New Rate

[BREAKING NEWS] CBN Reduces Lending Rate, See New Rate



The Monetary Policy Committee of the Central Bank of Nigeria on Thursday reduced the Monetary Policy Rate to 12.5 per cent.

The CBN Governor, Mr Godwin Emefiele, announced the decision of the Committee in Abuja, at the end of its virtual 273rd meeting.

The committee had retained the MPR at 13.5 per cent at the last MPC meeting in March.

It, however, retained the Cash Reserve Ratio and the liquidity ratio at 27.5 per cent and 30 per cent respectively.

Details later…


Tuesday, May 19, 2020

[NEWS] There Is Nothing Wrong In Taking More Loans – Presidency

[NEWS] There Is Nothing Wrong In Taking More Loans – Presidency

The presidency has defended its plan of taking more loans to finance some projects ongoing in Nigeria.
Presidential spokesman Femi Adesina who featured in Southwest Political Circuit, a popular political interview programme on Ibadan-based radio station Fresh F.M, insisted that there is nothing wrong in taking loans as the country still has more capacity to accommodate such.
The presidential spokesperson averred that the loans are being chanelled into projects they are meant for, while also pointing out that the huge debt the country is owing was largely borrowed by previous administrations.
Adesina further stated that the current figures were within the capacity of the country’s Gross Domestic Products (GDP) to service and repay.
The Presidential spokesperson said;
“Don’t forget that the International Monetary Fund (IMF) came out to say that Nigeria’s economy has the capacity to absorb more loans and that Nigeria is taking below what its GDP can afford. IMF said it and it is on record. Nigeria’s GDP can service more loans than it is taking. That is a vote of confidence in Nigeria’s ability to repay the loans it is taking.
“Taking loans to use for development is not a crime. But taking loans to steal and pocket as we used to have it in this country is what is criminal. You will find out that even the profile of the loans, Nigerians don’t know it.
“Even former president Olusegun Obasanjo gave a lecture where he quoted a figure about what Nigeria owes. The Debt Management Office (DMO) had to come out to correct him. I think he quoted something in the region of $90b or $100b debt.
“The DMO office came to say all that this administration has taken is a little over $20b. The DMO also told us what the Peoples Democratic Party (PDP) government left as loans and debt. So, a lot of commentators don’t know the correct profile.
“The loans will be used for development, for provision of infrastructure, open up and stimulate the economy. These loans are good because they are used for development and that is what this administration is doing. The loans are within tolerable limit.
“So, those who are making noise about loans, particularly the outgone government, are only shedding crocodile’s tears because under them, they took loans and pocketed the money and we didn’t see what they did with the loans. But Nigeria is now taking loans and Nigerians can see what the government is doing with the loans.”
On the effect of Coronavirus on the economy, Adesina said the Buhari-led administration was already considering all possibilities in its efforts to cushion the effect of the pandemic. He also insisted that claims of the Federal Government supporting farmers in the North to the detriment of their southern counterparts, is coming “from a mindset that is one of the banes of Nigeria.”
Adesina said;
“There is what is called LAKE rice, which is a collaboration between Lagos and Kebbi states. Is Lagos in the North? No. Rice is grown massively in Ogun State and is Ogun State in the North? No.
“Every state has the right to access the Anchor Borrowers programme of the Central Bank of Nigeria (CBN). But the CBN has standards and principles and guidelines. Any state that meets the guideline can get the money.
“Maybe states that are not benefitting for now are not ready to pay their counterpart funds or are not ready to organise farmers into cooperatives. That will not be the fault of the Federal Government. The funds are available for every part of the country.
“Anybody who says the Federal Government is supporting the North against the South on this programme is operating from a mindset that is one of the banes of Nigeria.”