World Bank has appointed Nigeria’s Finance Minister and Coordinating Minister of Economy, Mr. Wale Edun as the Chairman of African Governors’ Forum of the World Bank. According to a statement on the Ministry of Finance’s X page, the ministry noted that Edun’s appointment makes it the first of such for Nigeria. “WORLD BANK APPOINTMENT. “Nigeria’s Minister @FinMinNigeria & Coordinating Minister of the Economy Mr. Wale Edun has been appointed to Chair the African Governors’ Forum of the World Bank. “This marks the first time Nigeria has assumed the role of Chairman in 60 years.” The appointment presents a unique opportunity…
Author: Adejuyigbe Francis
The Independent National Electoral Commission (INEC), says one of its major concerns in the conduct of the Nov.11 Kogi governorship election is the prevailing security challenge in the state. Prof. Mahmood Yakubu, the Chairman, INEC, said this when he visited the Kogi Local Government (LGA) office of the commission, in Kotonkarfe during a visit to the state to monitor mock accreditation in Lokoja on Saturday. Yakubu said that the commission was working with the security agencies to provide secured environment for peaceful and credible election. “Wherever you go in Nigeria, you are sure to see two government offices. One is…
Oluwatobiloba Daniel Anidugbe popularly known as Kizz Daniel, has reacted to news of his arrest in Ivory Coast for not performing at a show after collecting money. The Nigerian singer, who had a similar issue in Tanzania last year, said despite that his agent signed a contract with a clause of “no money, no performance” with the client, he travelled to perform without getting paid. Kizz Daniel disclosed this in a statement shared on his Instagram page, adding that the organisers of the show made excuses of “bank transfer delay”. He, however, said without receiving his performance fee when he…
The Federal Government has place a banned on the exportation of raw solid minerals outside the shores of the country by mining companies. Dele Alake, the minister of solid minerals development, disclosed this at the groundbreaking ceremony of a Chinese N250 million USD Ganfeng Lithium Mining Company’s factory, in Endo Village, Udege Development Area, Nasarawa Local Government Area in Nasarawa State, on Thursday. According to the Minister, the era of exporting raw solid minerals from Nigeria is over as the Federal Government would henceforth only give license to mining companies that would add local value addition to these resources. Alake…
The Lagos State Government has warned owners of home units in all government-owned estates that have not been occupied for three months that they are at risk of losing their allocations. The warning was issued by the Commissioner for Housing, Moruf Akinderu-Fatai, during a facility tour to assess the level of work at Sheridan Garden Estate, Urban Shelter, and LagosHOMS Sangotedo Phase II, all in the Eti-Osa Local Government Area. The Commissioner said allottees whose homes remain unoccupied have been given a three-month notice to occupy their apartments or be ready to forfeit their allocation. “Allottees of unoccupied home units in…
The Nigerian Senate has commenced the processing of passing a bill that recommends a fine or imprisonment for parents and guardians who default in enrolling their wards for primary and junior secondary school education. Proposed by Senator Orji Kalu(APC-Abia North), the bill titled, ‘Compulsory free Universal Basic Education Act 2004, Section 2,’ mandates governments at every level to provide free, compulsory, and universal basic education for every child of primary and junior secondary school age. The proposed piece of legislature, which has already passed the first reading on the floor of the Red Chamber, also recommended free meals should be provided…
The Zamfara State Governor, Dauda Lawal, has insisted that his administration would never dialogue with bandits across the state. He said negotiating with bandits only gives them more room for operation and leverage to do more terrible things. The governor reiterated that his government would never go into negotiating with bandits while explaining the negative impacts of doing such. Lawal, during a weekly preaching session organised by the Ministry of Religious Affairs in the state on Friday, said instead of dialoguing with them, the state would be involved in a reaccess to improve tactics in handling them. The governor, in a…
The World Bank said its new vision and mission goal is to create a world free of poverty. It said its renewed vision and mission goal began months ago and would make the world a livable planet. Ajay Banga, president of the World Bank Group, made this remark on Friday at the ongoing International Monetary Fund (IMF) and World Bank annual meetings taking place in Marrakech, Morocco. Banga said, “That evolution began months ago, and today there is a new vision and mission for the World Bank. To create a world free of poverty on a livable planet. But time…
The All Progressives Congress (APC) has postponed the Bayelsa State governorship election campaign flag-off ahead of the November 11 polls. The governorship campaign flag-off that was slated to be held on Saturday (today) was shifted by the party on Friday night. The development comes after a Federal High Court in Abuja sacked the APC governorship candidate for Bayelsa State, Timipre Sylva, on the account that he has been sworn in twice as governor of the state, and should he be left to contest and won, there would be a constitutional breach. Despite his sack, the APC, who vowed to appeal and…
The Central Bank of Nigeria, CBN, has released an explainer to defend its action of lifting foreign exchange restrictions on the 43 items excluded from accessing foreign exchange from the official market. The apex bank had on Thursday notified the public in a circular that it has lifted the foreign exchange restrictions placed on the importation of 43 items by the former CBN Governor, Godwin Emefiele. Emefiele had in 2015 blacklisted the 41 items and two other items subsequently from the official forex window to reduce foreign exchange demand for products that could be locally produced, improve employment generation and conserve…
Governor Dapo Abiodun of Ogun on Friday swore in 20 new Commissioners and 22 Special Advisers who would assist him in running the affairs of the state. The News Agency of Nigeria (NAN) reports that the swearing-in ceremony took place in Abeokuta. Speaking during the ceremony, Abiodun urged the Commissioners and Special Advisers to be committed and responsible to the people and be corrupt-free. “You have to prepare for the challenges ahead and see your appointments as a unique privilege, a call to service, and as well reflect excellence in the discharge of your duties,” he said. Abiodun noted that he…
Two goals from Cristiano Ronaldo helped Portugal seal qualification to next summer’s European Championship with three games to spare as the hosts beat Slovakia in Group J in Porto. After Goncalo Ramos’ opener Ronaldo scored a penalty before David Hancko pulled a goal back in the 69th minute. Portugal captain Ronaldo quickly restored his side’s two-goal lead with his 125th international goal. Stanislav Lobotka added a late second for Slovakia but Portugal held on. It means the hosts have won all seven of their Group J qualifying fixtures and join France, Belgium and hosts Germany in securing their spot at Euro 2024.…
