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IMF Managing Director Kristalina Georgieva told reporters a new allocation of the IMF’s own currency, Special Drawing Rights, would give countries more fiscal space to address the health crisis and accelerate moves to a digital and green economy.

IMF: Climate Change poses high risk to economic and financial stability

Climate Change poses sever threats to economic and financial stability, the Director General of the International Monetary Fund (IMF), Kristalina Georgieva, has said.

NEMA responded to 53 road emergencies in December

The National Emergency Management Agency (NEMA) has said that it responded to 53 road crashes in December 2020.
ActionAid Nigeria (AAN)

Education Day: ActionAid canvasses increased allocation to education sector

A non-governmental organisation, ActionAid Nigeria, has called on the federal government to revise and increase allocation for education to between 15 per cent and 20 per cent of public expenditure.
The International Monetary Fund is looking to triple its concessional financing for the poorest countries to over $18 billion to help them respond to the novel coronavirus pandemic, Managing Director Kristalina Georgieva said on Wednesday.

IMF: Climate change risk to economic stability

Ms Kristalina Georgieva, the Managing Director, International Monetary Fund (IMF), says climate resilience is a critical priority as climate change has become a fundamental risk to economic and financial stability.

Stakeholders to block states from proposed pension funded infrastructure fund

As the pension assets of the Contributory Pension Scheme, CPS, continue to rise, hitting N12.3 trillion as at November 2020, stakeholders have dismissed the move by the Nigeria Governors Forum, NGF, to borrow part of the fund arguing that majority of the states in the country have not keyed into the scheme.
Speaking at the inauguration of a 969-metre `Rebisi’ dual carriage flyover in Port Harcourt, on Saturday, Minister of Works and Housing, by Mr Babatunde Fashola, who made the pronouncement also said that the Federal Government “is not in competition with any state’’ of the federation over project implementation.

Minister: Nigerian government executing 43 road projects in tertiary institutions

The Minister of Works and Housing, Mr Babatunde Fashola, has stated that his ministry was currently executing 43 road projects within tertiary institutions across the country with a view to enhancing the learning environment.
A former member of the House of Representatives and chieftain of the All Progressives Congress (APC) in Lagos State, Moshood Adegoke Salvador, at the weekend came hard on the federal government for its plan to build oxygen plants.

APC chieftain slams Nigerian government’s plan to build 38 oxygen plants at N6.8 billion

A former member of the House of Representatives and chieftain of the All Progressives Congress (APC) in Lagos State, Moshood Adegoke Salvador, at the weekend came hard on the federal government for its plan to build oxygen plants in 38 locations in the country at cost of N6.8 billion.
Uber has laid off about 185 Postmates workers, and plans to further integrate Postmates’ infrastructure within its Uber Eats segment, The New York Times reported.

Uber ‘lays off’ 185 former Postmates workers

Uber has laid off about 185 Postmates workers, and plans to further integrate Postmates’ infrastructure within its Uber Eats segment, The New York Times reported. Uber acquired Postmates in July for $2.65 billion, following a failed attempt to buy rival food delivery service Grubhub.
Governor Douye Diri has expressed worry over the development, following the lifting of the ban on interstate travel.

Bayelsa confirms receipt of N27.5 billion refund from federal government

The Technical Adviser on Treasury and Accounts, Mr Timipre Seipulo, who disclosed this over the weekend during the transparency briefing on funds inflows and outflows said the state government opted to receive the money at a discounted rate instead of waiting for three to four years to receive the full N38billion due the state.

Senate faults Doyin Okupe over coronavirus infections claim

The Chairman, Senate Committee on Primary Healthcare and Communicable Diseases, Senator Chukwuka Utazi, has described as unscientific, a claim by a former presidential spokesperson, Dr. Doyin Okupe, on the rate of COVID-19 infections among the wealthy elite.

Akwa Ibom government wades into communal crisis, distributes relief materials to victims

Akwa Ibom State government has waded into the communal clashes between Okopedi and Amamong in Okobo Local Government Area, urging the warring communities to live in peace even as relief materials worth millions of naira have been distributed to the victims.

Coronavirus: ECOWAS budgets $398 million to revive ailing economies, electoral reforms

Since the beginning of 2021 and as a follow-up of the events of last year, the food security situation in Western Africa is a mixed picture. Although COVID-19 infection rates remained low compared to global figures, the impact of the pandemic led to reduced economic growth stemming from national restrictions put in place to slow the spread of the virus.
Governor Ifeanyi Ugwuanyi has commenced restoration of Trans-Ekulu damaged infrastructures that were cannibalized during the EndSARS protest last year.

#EndSARS: Enugu governor rebuilds Trans-Ekulu infrastructure

Governor Ifeanyi Ugwuanyi has commenced restoration of Trans-Ekulu damaged infrastructures that were cannibalized during the EndSARS protest last year.
Nigeria’s leading tech-enabled automotive trading platform, Cars45 and last mile delivery service provider, Gokada, have announced a partnership to provide Lagosians with more options to get their parcels delivered across the state at a cheaper price within the same day.

Cars45, Gokada announce alliance to drive consumer convenience

Nigeria’s leading tech-enabled automotive trading platform, Cars45 and last mile delivery service provider, Gokada, have announced a partnership to provide Lagosians with more options to get their parcels delivered across the state at a cheaper price within the same day.
Minister of Education, Adamu Adamu

Nigerian government to harmonise school calendar, national examinations

The Federal Ministry of Education says it will constitute a national committee on the harmonisation of schools and examination calendar following the disruptions by the COVID-19 pandemic.
Kayode Fayemi

Ekiti governor seeks extension of Nigerian government’s special jobs scheme

The Governor of Ekiti State, Dr Kayode Fayemi, on Thursday commended the Federal Government for the establishment of a 774,000 special jobs scheme, saying a total of 16,000 employments will be generated in Ekiti alone with a sum of N960 million injected into the state’s economy.
The Governor of Delta State, Ifeanyi Okowa, has congratulated the Secretary to the State Government (SSG), Mr Chiedu Ebie, on his 50th birth anniversary.

Delta SSG tasks political appointees on good governance

The Secretary to the Delta State Government, Barrister Chiedu Ebie, has urged political appointees under Governor Ifeanyi Okowa’s administration to promote good governance in the state, through effective representation of government policy thrusts.

Nigeria: Growing incidence of cancer disease worrisome – expert

A Consultant Ocular Oncologist, Dr Abia Nzelu, has decried the growing incidence of cancer disease in Nigeria and the poor attention being given to it in spite of its ravaging effects.

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The Inspector General of Police, Mohammed Adamu addressing journalist at the state house in Marina, during the Inspector General Police visit to Lagos on November 3, 2020. The Inspector General of Police, Mohammed Adamu, visit Lagos urged men and officers of the Nigeria Police Force in Lagos State not to be discouraged by the destruction and killings of their men during #EndSARS protest in the state, the IG admitted that the morale of the police was down after the ugly incident, in which six cops were lynched and 36 critically injured (Photo by Olukayode Jaiyeola/NurPhoto via Getty Images)

Nigeria police chief directs hospitals to save lives first before asking for police report

Shedding light on the police policy on people with gunshot wounds, Adamu said, “No, we don’t do that, save life first even if it’s an individual, suspected robber or kidnapper, or bandits. If he or she has gunshot wounds and goes to the hospital, his life must be saved first before thinking of any other thing to do.”
President Muhammadu Buhari will on Thursday inaugurate the National Oil and Gas Excellence Centre (NOGEC), Lagos

President Buhari sacks service chiefs, names replacements

President Muhammadu Buhari has sacked the Service Chiefs.
Popular South African musician, Master KG, renowned for his song, Jerusalema, says that self acclaimed African giant, Burna Boy, was not paid to feature on the remix of his hit song.

Master KG: I didn’t pay Burna Boy to feature in Jerusalema remix

Popular South African musician, Master KG, renowned for his song, Jerusalema, says that self acclaimed African giant, Burna Boy, was not paid to feature on the remix of his hit song.
The Inspector General of Police, Mohammed Adamu, has ordered the immediate arrest of Yoruba activist, Sunday Igboho, over ultimatum to Fulani herdsmen to quick Ibarapa, Oyo State.

Sunday Igboho: I lost properties worth N50 million in inferno

Chief Sunday Adeyemo, popularly known as Sunday Igboho, has estimated the damage and loss suffered in the early Tuesday morning fire at his residence at Soka, Ibadan, at N50million.
United Kingdom airline British Airways will resume direct flights to Pakistan in June, a decade after suspending services to the South Asian nation over security concerns, the carrier has announced.

Ghana warns British Airways over plans to move Accra-London flights to Gatwick

The Government of Ghana through the Ministry of Aviation has raised issues with a decision by the British Airways to move Accra-London flights from the Heathrow Airport to Gatwick.