Author: darelasisi@gmail.com
By Tony Obiechina, ABUJA The President of African Export-ImportBank, Afreximbank, Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), has received the 2019 African Renaissance and Diaspora Network Private Sector Development Award. According to a statement by the Bank on Saturday, the award was presented by the African Renaissance and Diaspora Network (ARDN) during the “Africa: Open for Business Summit” on the sidelines of the United Nations General Assembly, celebrates leadership for and from the African continent in pursuit of the 2030 UN Agenda for Sustainable Development and the African Union’s Agenda 2063. In a citation preceding the award, Constance Newman,…
By Tony Obiechina, Abuja The Minister of the Federal Capital Territory, FCT, Mallam Muhammad Musa Bello has enjoined financial institutions to complement the efforts of Central Bank of Nigeria, CBN by providing finance at favourable rates to innovative and hardworking Nigerian entrepreneurs. Speaking at the 12th Annual Banking and Finance conference organized by the Chartered Institute of Bankers, CIBN with the theme: “The Future of Nigerian Banking Industry-360 Degrees “, in Abuja, the Bello said “with the creation of wealth in the society, every body ultimately wins including the provides of funding”. The minister who was represented by a director…
Nigeria has failed to bring home the bacon high-quality economic growth because the country’s economy is managed totally on an ad hoc, reactive basis. It is a “survival” economy during which sequence administration haven’t been able to strategically execute its economic vision/ programmers/policies with success. A former Chief Whip within the House of Representatives, Hon. Samson Raphael Osagie made the assertion at 2019 National conference of the public Administration and Management Development Institute, PAMDI, held in Nigerian capital on Thursday. According to Osagie, “In 2016, the country went into recession on account of a dive in world oil costs and…
ABUJA – President Muhammadu Buhari’s directive that budgets of government owned enterprises (GoEs) are captured in the nation’s annual budget is novel but a most welcome idea. According to the Buhari Media Organisation (BMO), this is a radical departure from the system institutionalised by previous administrations which had over the years opened the budgetary system to abuses and financial misdemeanours. In a statement signed by its Chairman Niyi Akinsiju and Secretary Cassidy Madueke, BMO said the move which was captured in the 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP), will bring sanity to government operations in more…
You can accuse Vice-President Yemi Osinbajo of being ‘’down-to-earth’’, considering his pint-size. You can also accuse him of intellectual exuberance, but you cannot tack corruption to him. It will not stick. Over the years, the maelstrom of anger against Osinbajo has widened. The reason for this, perhaps, is the perception by some Nigerians that he is not standing up enough for his own – the Christian fold and the south — when it matters. Another reason is the amplification of this perception by some members of the opposition who deploy propaganda to ‘’divisive finale’’. Osinbajo’s faith and calling – as…
The court proceedings leading to an order releasing the Sahara Reporters publisher and the presidential candidate of the African Action Congress (AAC) in the 2019 Election, Omoyele Sowore, should raise genuine concerns whether the gravity of the offences for which he has been charged justified his release on bail. It will be recalled that Sowore had been in the lawful custody of the DSS for 45 days following his arrest on August 3 for planning a nationwide protest tagged RevolutionNow. A day before the expiration of the period of custody, the DSS charged him with offences of treasonable felony, money…
Deputy President of the Senate, Senator Ovie Omo-Agege has called on pharmacists in the country to intensify efforts at research that will lead to the development of local pharmaceutical drugs to replace imported ones in the fight against diabetes and other forms of endocrine and metabolic disorders. This, he emphasised, will not only boost the Nigerian economy by creating jobs for citizens but also save the country huge sums of money spent on importing foreign drugs. Omo-Agege stated this in Abuja at the 2019 Annual Conference of the Endocrine and Metabolism Society of Nigeria (EMSON). In a paper titled, ‘The…
The Bayelsa and Kogi elections is anticipated to be keenly contested, with a lot of expectations from all election stakeholders and it becomes pertinent to engage the process from the pre-election period. Having Observed the Political party primaries in both Bayelsa and Kogi and States, YIAGA AFRICA’s Watching The Vote (WTV) project has concluded that training and has deployed 48 Long Term Observers (LTO) to observe the pre-election environment. Out of the 48 Long terms observers who all resident of the Local Government they are observing from, 21 are deployed in Bayelsa State 27 are deployed in Kogi State. The…
Egypt’s chief prosecutor on Saturday ordered a criminal trial for a university teacher who allegedly forced his students to take off their trousers in order to pass an exam, private newspaper al-Masry Al Youm reported. The teacher, an assistant professor at Al-Azhar University, a state-run institution affiliated with Sunni Islam’s key centre of learning, al-Azhar, will face trial at the criminal court on charges of dishonouring a number of students and abusing his authority, the newspaper said. No specific date has been set for the trial. Earlier this year, a video showing the academic promising at a lecture to reward male students…
Israel has said it would seal off the West Bank and Gaza Strip for two days ahead of Jewish New Year celebrations, restricting most Palestinians from leaving the territories. The spokeswoman for the Israeli army said on Friday that as from Sunday through Tuesday, Palestinians might only enter Israel if they were subject to special exemptions or for humanitarian reasons. Israel routinely closes the West Bank and Gaza on Jewish holidays, citing security concerns. Jews celebrate the New Year, or Rosh Hashanah, on the first two days of the Hebrew calendar month Tishrei. According to the spokeswoman, October will witness…