archive2019

The President of Africa Development Bank (AfDB), Dr. Akinwumi Adesina, saturday in Abuja, disclosed that the bank supported Nigeria out of recession in 2017 by pumping funds in the region of $600 million into the then receding Africa’s largest economy. Adesina disclosed  this while delivering a speech at the 56th...

  Oyo State Governor, Seyi Makinde on Saturday said those who spent the N5.2 billion received by the state between May 6 and 29, 2019, leaving a balance of N19, 000 have questions to answer on how the money was spent. Makinde, who disclosed this during the quarterly media chat...

As criticisms continue to mount over the N37 billion earmarked for the renovation of the Phase one section of the National Assembly, the Senate on Saturday said that no Senator would derive personal gain from the project. It explained that the money would not be spent by the National Assembly,...

Human Right lawyer, Mr Femi Falana, (SAN) has called on the Economic Community for West African Countries (ECOWAS ) to sanction the President of Benin Republic, Patrice Talon for failing to halt smuggling of goods from Benin to Nigeria. In a statement on Saturday, Falana said that since Talon awarded...

  President Muhammadu Buhari has called on universities to engage more meaningfully with employers of labour and the organised private sector to make their products employable. The president who stated this in his speech at the 31st Convocation of the Federal University of Technology, Akure (FUTA), expressed concern at the...

Multilateral Development Banks (MDBs) are stepping up their support for refugees and people affected by forced displacement, including hosting communities, across a wide range of sectors and policy instruments. The pledges were made by the African Development Bank, the Asian Development Bank, the European Bank for Reconstruction and Development, the...

President of the Senate, Ahmad Lawan, on Wednesday assured investors who are willing and ready to invest into the Nigerian economy of adequate protection and support. The Senate President spoke while playing host to a delegation of the Hyundai Engineering Company led by its President/CEO, Chang Hag Kim. Lawan told...

congratulates gov   The Peoples Democratic Party (PDP) in Oyo State has congratulated Governor Seyi Makinde over the Supreme Court judgment, which upheld his electoral victory on Wednesday. The party in a statement issued by its Publicity Secretary, Engr. Akeem Olatunji, said the verdict reaffirmed the general acceptance of PDP...

The Senate on Wednesday called for proper funding of the Nigerian Navy to enable it procures over one hundred and fifty vessels needed to undertake their constitutional responsibilities of securing the country’s territorial waters. The call was made to the executive arm of government after consideration of a report of...

A new World Bank Group study has disclosed that debt obligation in emerging and developing economies (EMDEs) climbed to a record US$55 trillion in 2018, marking an eight-year surge, which witnessed the largest, fastest, and most broad-based in nearly five decades. The body urges policymakers to act promptly to strengthen...