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The Senate on Wednesday approved President Muhammadu Buhari's request for $5.8 billion in borrowing from international lenders. The money from the World Bank, China Export and Import Bank, German Consortium and Islamic Development Bank among other lenders, is for power projects, water and sanitation, malaria eradication programmes and agriculture projects. The borrowing is part of the 2021 budget to deal with the effects of the coronavirus pandemic and a sharp drop in oil prices, which has dented Nigeria's spending plans because oil sales make up 90% of its foreign exchange earnings. The request was approved by the lower house on…
Federal government has approved new allowances for the Police that would see the take home pay of police personnel increase by at least 20 percent, an official has said. Police affairs minister, Maigari Dingyadi, told journalists that the Federal Executive Council (FEC) has approved “peculiar allowance” for the police to take off from January 2022. The allowance will increase police personnel take home pay by 20 per cent of their present earning, Dingyadi said. He said the salary increase was part of efforts of the Buhari administration to meet the demands of the #EndSARS protesters. The FEC meeting presided by…
Federal Government has warned former president, Olusegun Obasanjo, not to set Nigeria on fire with his “dirty politicking.” It also boasted that Nigeria is safer than it was in 2015 before the All Progressives Congress (APC) took over power from Peoples Democratic Party (PDP). Government, through its Minister of Information reiterated that President Muhammadu Buhari has done better than his predecessors in tackling insecurity and insurgency in the Northeast, amidst difficult economic and social conditions. On Monday, Obasanjo, at a retreat on inclusive security in Abuja, organised by the Global Peace Foundation and Vision Africa, said: “President Buhari has done…
Kano youths on Wednesday marched to the office of the Nigerian Union of Journalists (NUJ) to protest against insecurity in the north. The protest was staged by youths and members of the Coalition of Northern Groups (CNG) in Kano. Heavily armed security personnel made up of police and Nigeria Security and Civil Defense Corps (NSCDC) barricaded the gate of the NUJ. Several security vehicles with personnel dressed in anti-riot outfits took over the outskirts and the road leading to the NUJ as the protesters assembled at a distance. Commenting on the rising insecurity in the country, Jamilu Charanchi, Northwest coordinator,…
Minister of Federal Capital Territory (FCT), Muhammad Bello, says the Land Swap Programme will save the Federal Government nearly N1 trillion. Federal Executive Council (FEC) on June 16 approved the resumption of the Federal Capital Development Authority (FCDA) land swap initiative, started by the administration of former President Goodluck Jonathan. FEC, rising from a meeting in Abuja, approved the resuscitation of the programme aimed at ensuring massive infrastructural development in the FCT. Bello made the disclosure while performing the ceremonial site hand-over of the Gwagwa District Development to Messrs Gwagwa Concession Ltd. This was contained in a statement issued by…
Nigeria's total public debt rose to 38 trillion naira ($92.75 billion) as of September, up 18% from a year earlier, the Debt Management Office (DMO) said on Tuesday. Africa's largest economy has been racking up debt to fund infrastructure projects and boost a fragile economy now recovering from recession following the impact of an oil price crash triggered by the coronavirus pandemic. Total public debt stood at 32.22 trillion naira in the third quarter of 2020. A $4 billion eurobond sale in September - to enable the government fund its budget, support the currency and boost forex reserves - accounted…
President Muhammadu Buhari has appointed Muazu Sambo as a minister. He wrote to the Senate seeking confirmation of the ministerial nominee from Taraba State. The president’s letter was read out by Senate President, Ahmad Lawan, at the start of plenary on Tuesday. Sambo may be replacing either of the ministers of Agriculture, Sabo Nanono, and Power, Saleh Mamman, who were sacked by the president in September. The ministers were sacked about two years and some days after they were inaugurated by the president in 2019 alongside 41 of their colleagues. No reason was given for the termination of their appointments.…
The British government will remove all 11 countries from its Covid-19 travel red list from Wednesday (today) because there is now community transmission of Omicron in Britain, Health Secretary Sajid Javid told parliament. The new Omicron variant was first detected in southern Africa and Hong Kong. The British government added 11 African countries to its red list from late November, meaning that only UK citizens or residents arriving from those nations were allowed in and then had to quarantine in a hotel. "Now that there is community transmission of Omicron in the UK and Omicron has spread so widely across…
The new coronavirus variant Omicron is spreading across the globe at an unprecedented rate, the World Health Organization (WHO) has warned. Cases of the heavily mutated variant have been confirmed in 77 countries. But at a press conference, WHO chief Tedros Adhanom Ghebreyesus said it was probably in many others that had yet to detect it. Tedros said he was concerned that not enough was being done to tackle the variant. "Surely, we have learned by now that we underestimate this virus at our peril. Even if Omicron does cause less severe disease, the sheer number of cases could once…
President Muhammadu Buhari on Tuesday met behind closed doors with three Northern governors at the Presidential Villa, Abuja. The separate meetings centred on the spate of insecurity in their states. The governors who met with Buhari were Aminu Masari (Katsina), Abdulahi Sule (Nasarawa) and Darius Ishaku (Taraba). The governors requested the President’s assistance to end activities of bandits and terrorists in their states. Sokoto State Governor, Aminu Tambuwal, had on Monday night visited the President on the same issue. Speaking to State House Correspondents after the meeting, Masari said Northern states must collaborate to tackle the security challenges in the…
November 27, 2024

CBN increases Interest Rate yet again

The Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR) from 27.25%…
November 26, 2024

Tinubu’s nepotism worse than Buhari’s, Senator says

Enyinnaya Abaribe, senator representing Abia South, has stated that Nigeria would have been in a…
November 24, 2024

Older adults opened up about things they ‘took for granted’ in their 20s and 30s

Last month, we wrote a post where older adults from the BuzzFeed Community shared things…
November 16, 2024

Influencer eats pig feed in extreme attempt to save money

Popular Douyin streamer Kong Yufeng recently sparked controversy in China by eating pig feed on…
November 26, 2024

Fighter jet brought to combat bandits who invaded Benue communities, killed 30, official says

At least 30 people have been killed in several communities across two Local Government Areas…
November 27, 2024

Here’s the latest as Israel-Hamas war enters Day 418

Israel-Hezbollah ceasefire, brokered by US and France, aims for permanent peace A ceasefire between Israel…
November 26, 2024

WhatsApp just introduced major new upgrade that overhauls messaging

I love WhatsApp but I’ve never been fond of voice messages, leaving them or retrieving…
October 27, 2024

Nigeria awarded 3-0 win over Libya after airport fiasco

Nigeria have been awarded a 3-0 victory over Libya, and three vital points, from their…

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