Poverty Reduction
IMF urges sub-Saharan Africa to increase tax revenues, others
The International Monetary Fund (IMF) has urged countries in Sub-Saharan Africa to do more domestically to increase tax revenues and improve the quality of spending.
IMF approves $2.34 billion in new financing arrangements for Kenya
The International Monetary Fund on Friday said its board had approved new three-year financing arrangements for Kenya valued at $2.34 billion to help the African country continue responding to the COVID-19 pandemic and address its debt vulnerabilities.
Nigerian government empowers 2,510 rural women in Abia
The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq, has inaugurated a symbolic disbursement of N20,000 grant to each of the 2,510 beneficiaries from all the local government areas in Abia State.
2,700 Akwa Ibom women benefit from federal government’s special grant
The minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq, has advised Nigerian women not to regard the N20, 000 special grant given to the rural woman by the federal government as the fabled national cake.
IMF: Economic outlook for most countries remain uncertain
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has noted that although the IMF has given financial support to member countries to enable the, deal with the impact of the coronavirus on their economies, the outlook remains uncertain.
Nigerian government begins disbursement of grants to 2,800 rural women in Anambra
The Federal Government on Sunday began the disbursement of Rural Women Cash Grant Programme to elderly and indigent women in Anambra.
Nigerian government inaugurates cash grant for 3,500 Ogun rural women
The Federal Government on Saturday inaugurated its N20,000 cash grant each for 3,500 rural women drawn from the 20 local government areas (LGAs) of Ogun.
NDE promises to pay 350 apprentices in Ondo
The National Directorate of Employment in Ondo State has assured prompt payment of monthly stipend to 350 apprentices to be trained under its Basic National Open Apprenticeship Scheme (BNOAS)
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.
Group urges Nigerians to tackle poverty with creativity culture, skill development
Mazi Sam Ohuabunwa, a former Chairman of Nigerian Economic Summit Group (NESG), says there is the need for Nigerians to imbibe the culture of creativity and skill development to curb unemployment and address poverty in Nigeria.
Nigeria declares January 2021 AfCFTA campaign month
The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo made the declaration ahead of January 1, 2021 take off the AfCFTA while calling on Nigerians, particularly industrialists to take advantage of the inherent opportunities to promote Made-in-Nigeria goods.
Gombe governor presents 2021 proposed budget of N119.6 billion to state assembly
Gombe state Governor Muhammadu Inuwa Yahaya has declared that the challenging experience the state went through in the 2020 fiscal year will be used to sharpen the vision of the government for the 2021 fiscal year and beyond.
IFAD-VCDP programme contributes 653,843 metric tons of cassava to Nigeria’s food security – coordinator
The Federal Government/International Fund for Agricultural Development (IFAD)-Value Chain Development Programme (VCDP) has contributed 653,843 metric tons of cassava to Nigeria’s food security.
VP Osinbajo: Nigerian government prioritizing poverty reduction, social inclusion, business growth
Aside from the main goal of ending open defecation across the country, the Buhari administration is prioritizing the Clean Nigeria Campaign as its success contributes to key initiatives including, enhancing social inclusion; poverty reduction; business growth, and entrepreneurship; greater access to quality education and affordable healthcare, among others.Aside from the main goal of ending open defecation across the country, the Buhari administration is prioritizing the Clean Nigeria Campaign as its success contributes to key initiatives including, enhancing social inclusion; poverty reduction; business growth, and entrepreneurship; greater access to quality education and affordable healthcare, among others.
Former World Bank president James Wolfensohn dies aged 86
James Wolfensohn, an investment banker who helped straighten out the finances of major American cultural institutions and served as president of the World Bank, died Wednesday at the age of 86.
University of Ibadan graduates 851 students, ranks 401 in global rating
The University of Ibadan has graduated a total of 854 students out of which a total of 528 students graduated with first degrees in various disciplines across all faculties.
IMF: 83 countries benefited from $165 billion loans in 2020
The International Monetary Fund (IMF) says it loaned 83 countries the sum of $165 billion including $16.1 billion in concessional financing to 49 low-income countries in 2020.
US election: CISLAC congratulates Joe Biden
The Civil Society Legislative Advocacy Centre, CISLAC, on Saturday, congratulated the United States President-elect, Joe Biden, and Vice President-elect, Kamala Harris, on there for victory at the November 3rd, 2020 presidential poll.
#EndSARS: NASFAT sets up N10 million relief fund for victims
The Nasrul-lahi-l-Fatih Society (NASFAT) says it has set up a N10 million relief fund for victims of #ENDSARS protest as it enjoins Nigerians to embrace peace and dialogue for a prosperous Nigeria.
Senator Ndume: MDAs, NASS, youths should ensure implementation of poverty reduction measures
Former Senate Leader, Senator Mohammed Ali Ndume, All Progressives Congress, APC, Borno South, has urged Ministers, heads of Departments and Agencies, MDAs to ensure effective and efficient monitoring of President Muhammadu Buhari’s poverty reduction measures that were promised protesters against the notorious Federal Special Anti-Robbery Squad (FSARS) and bad governance.
Subsidy removal: Nigerian government sets up modalities to disburse 2,000 buses
The Federal Government on Monday in Abuja has set up modalities for the disbursement of 2, 000 buses to cushion effects of subsidy removal.
President Buhari defends borrowing to fund infrastructure
President Muhammadu Buhari Tuesday justified government borrowing to finance infrastructure, asserting that his government took loans in the interest of the country to solve the dire shortfall in infrastructure.
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Ebonyi government raises panel on release of ‘warlords’
The Ebonyi State government yesterday set up a panel of inquiry over the unauthorized release of 55 suspected warlords who were arrested in Effuim in Ohaukwu local government area of the state in the lingering communal clash between Effuim and Ezza Effuim communities.
NMA: Zamfara government lied on linkage of medical doctor to bandits
This is contained in a statement signed in Gusau on Friday by the association’s state Chairman and Secretary, Dr Mannir Bature and Dr Remigius Nwachukwu.
Nigeria records 67 new coronavirus infections, no fatalities
The Nigeria Centre for Disease Control (NCDC) has recorded 67 new cases of COVID-19, bringing the total number of infections in the country to 164,147 with 154,304 recoveries.
Official: Kaduna government won’t join issues with abducted students’ parents
The Kaduna State Commissioner for Internal Security and Home Affairs, Mr. Samuel Aruwan, said on Friday that the state government shared the pains of the abducted students of the Federal College of Forestry Mechanization, Afaka in Igabi Local Government Area of the state.
Peru’s ex-president banned from public office
Peru’s Congress on Friday voted to ban former president Martin Vizcarra, implicated in a scandal over Covid-19 vaccinations, from holding public office for 10 years.
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Ramadan: Borno assembly hails Lagos speaker for donating 10,000 bags of rice to IDPs
Borno State House of Assembly led by the Speaker, Rt Hon Abdulkarim Lawan, and thousands of Internally Displaced Persons (IDPs) taking refuge at various camps have on Thursday commended Speaker of Lagos State House of Assembly, Rt Hon Mudasiru Obasa for donating and transporting 10,000 bags 15kg rice to be distributed to all IDPs across the state.
NSF: Minister charges team FCT to win more medals
Minister of State, FCT, Dr. Ramatu Tijjani Aliyu, has charged Team FCT to work harder and win more medals for the nation’s capital at the ongoing Edo 2020 National Sports Festival in Benin City, Edo State.
Eight killed in fresh Plateau attack
Eight people have been killed in a night attack by unidentified assailants at a mining site in Kuru, Jos South Local Government Area of Plateau.
Lagos commences construction of rail line to Marina
The Lagos State Government on Thursday said it has commenced work on the Lagos Rail Mass Transit Red Line project from Agbado to Marina.
El Clasico: Gerard Pique dragged away by Barça delegate to avoid sanctions
The Referee for yesterday’s match, Gil Manzano, has been facing a lot of criticism after his controversial decisions in yesterday’s El Clásico. The Spanish referee was not the first choice to officiate the very important tie. He was a replacement for Mateu Lahoz, who had to withdraw because of a muscle injury.