Interventions

The Minister of Information and Culture, Alhaji Lai Mohammed, says the news of Nigeria entering recession marks a positive development for the nation’s economy.

The Secretary to the Government of the Federation (SGF), Mr. Boss Mustapha, yesterday told the House Committee on Ecological Fund that the presidency believes the proposed law would either clash with or duplicate the existing ones.

The Senate has begun moves to ensure that all the Nigerian Law Schools are beneficiaries of Education tax funds with the amendment of Tertiary Education Trust Fund Act 2007.

The Presidency has expressed its opposition to a bill in the House of Representatives seeking to regulate the Ecological Fund.

A lecture organised to mark what was called the 10th anniversary of progressive governance in Osun State has been cancelled by the organisers following the interventions of the party leaders at the national level.

The bill entitled ‘A Bill to Establish the regulation of Ecological Fund, 2020’, states in its Part 2, section 7, that a proposed council, “Shall take custody and monitor the ecological fund for the purposes of addressing any of the following challenges: erosion, landslide, desertification, floods, oil spillage, drought and any other environmental challenges that may arise in the application of the fund”.

The Coalition Against COVID-19 (CACOVID) has disclosed plan to spend N100 billion for the renovation and purchase of rifles at police stations that were recently destroyed by hoodlums in the wake of the protest against police brutality.

Mr Tokunbo Abiru, APC’s candidate for the Lagos East bye-election, has said that quality representation at the National Assembly is an antidote to diverse national development and security challenges.

The Federal Government has said it is processing a World Bank loan of $750 million on behalf of state governments, to stimulate the local economy as well as support vulnerable household’s consumption.

A T. Y. Danjumaled group, Victims Support Fund (VSF) taskforce on COVID-19, has donated food items and personal protective equipment (PPE’s) worth N120 million to the vulnerable in Plateau State.

Zainab Ahmed, the minister of finance, budget and national planning, says the recession will be short-lived.

More than two-thirds of the over 58 million people infected by COVID-19 across the world have recovered from the disease after treatment.

The Nigerian Communications Commission (NCC) has pledged more collaboration with universities in the country towards transforming Nigeria into a knowledge-based economy.

The Nigerian Communications Commission (NCC) has pledged to increase collaboration with higher institutions of learning across the country in order to transform Nigeria into a full knowledge-based economy.

The Kebbi State Government had launched a Data Capture Portal under the State Ministry for Information and Communication Technology to bolster employment opportunities for the teeming unemployed youths across the State.

Israeli scientists say they have managed to not only successfully stop the biological ageing process but to reverse it, using only oxygen.

The United Kingdom Parliament has said it will deliberate on a petition by some groups and individuals, requesting the parliament to implement sanctions against the Nigerian Government and officials for alleged human rights violations during the #EndSARS protest and Lekki shootings.

Nigeria has formally entered its second economic recession in five years as the severe impact of the COVID-19 pandemic on global crude oil prices and restrictions imposed to curb the virus caused the nation’s economy to contract for the second consecutive quarter by 3.62 percent in the third quarter of 2020.

Uche Uwaleke, Professor of Finance and Capital Market, has called for early passage of the 2021 Appropriation Bill and aggressive implementation of the Economic Sustainability Plan (ESP), as the country enters recession.

The Oyo State Council of the Nigeria Union of Journalists (NUJ) on Friday in Ibadan described the settlement of decade-long ownership tussle of the jointly owned the Ladoke Akintola University of Technology, Ogbomoso as a landmark achievement of the Seyi Makinde-led administration in the Pacesetter State.

Russian lawmakers opened a new front against the internet on Thursday by announcing plans to block any services deemed to “censor” local media.

In its continued determination to cushion the socio-economic condition in the country even as the Economic Sustainability Plan (ESP) is in progress, the Buhari administration will be offering more tax incentives to Nigerians especially through the forthcoming 2020 Finance Bill.