By Justina Auta An international NGO, SOS Children’s Villages, on Tuesday, says the group is supporting the federal government to develop framework for alternative care for vulnerable children in Nigeria. Chinweba Ezeigwe, the organisation’s Head of Advocacy, Brand and Communication, disclosed this during a two-day media engagement and capacity building workshop for journalists in Abuja. Ezeigwe said strengthening the legal framework for alternative care for children in line with the UN Convention on the Rights of a Child would ensure sustainable quality care for vulnerable children in the country. “The major investment we need to make as a country will…
Author: Abdallah el-Kurebe
By Justina Auta The Chief Whip in the House of Representatives, Mohammed Monguno has called on public procurement practitioners to uphold the ethics and values of the profession to curb corruption in procurement process. Monguno made the call on Tuesday at the maiden inauguration of the executives and induction of members of the Association of Public Procurement Practitioners of Nigeria (APPON) in Abuja. According to him, the association plays a vital role in checkmating irregularities and unprofessionalism in the procurement process which is often the avenue for most corrupt practices in the governance. “Most of the corrupt activities are done…
… Latest UNEP Emissions Gap Report finds new and updated Nationally Determined Contributions only take 7.5% off predicted 2030 emissions, while 55% is needed to meet the 1.5°C Paris goal … Latest climate promises for 2030 put the world on track for a temperature rise this century of at least 2.7°C … Net-zero commitments could shave off another 0.5°C, if these pledges were made robust and if 2030 promises were made consistent with the net-zero commitments A new and updated report by the UN Environment Programme’s (UNEP), “Emissions Gap Report 2021: The Heat Is On,” has revealed that climate commitments…
BUA Cement Plc has posted a profit before tax (PBT) of N74.33 billion for the third quarter ended September 30. This was contained in the company’s unaudited financial statement released by the Nigerian Exchange (NGX) Ltd on Tuesday. The result was signed by the company’s Managing Director, Engr. Binji Yusuf and the Chief Financial Officer, Mr Jacques Piekarski. According to the financial statement, the PBT represented a 25.53 per cent growth compared with N59.21 billion achieved in the corresponding period of 2020. Also, the company’s profit after tax rose to N65.91 billion from N53.49 billion posted in 2020, representing an…
A Professor of Agribusiness and Marketing Management at the Federal University of Technology, Akure, FUTA has advised governments to use Agriculture and its vast business potentials to lure youth away from nefarious activities, frauds and the internet based scams popularly known as ‘Yahoo Yahoo’ in local parlance. Taiwo Mafimisebi gave the advice while delivering the 137th inaugural lecture of the University titled: “Agribusiness Income and Conquest of Poverty: What Nexus?” on Thursday 21st October 2021 at the University Main Auditorium. Mafimisebi said governments at all levels should devise workable strategies that will make agribusiness attractive to the youth and which…
Mr Augustine Anosike, the second prosecution witness, PW2, and forensic expert with the Economic and Financial Crimes Commission, EFCC, in the case of Afeez Adeshina Fashola, also known as Naira Marley on Tuesday, told Justice Nicholas Oweibo of the Federal High Court sitting in Ikoyi, Lagos how several credit card numbers were extracted while analyzing the contents of a total of 2,410 messages found in the defendant’s mobile phone. Naira Marley was arraigned by the EFCC on May 20, 2019 on an 11-count charge bordering on conspiracy, possession of counterfeit credit cards and fraud, to which he pleaded not guilty.…
The Civil Society Legislative Advocacy Centre (CISLAC) has revealed that Nigeria loses $15 billion to illicit financial flows (IFF) annually, according to the Nigeria Extractive Industries Transparency Initiative (NEITI). The Executive Director, Ibrahim Rafsanjani who spoke at the Pan-African Conference on Combatting IFFs to Bridge Africa’s widening inequality gap in Abuja on Tuesday, said that Oxfam’s latest index showed that report showed that “Nigeria was the region’s worst performing country in tackling inequality going into the pandemic. “Nigeria’s health budget (as a percentage of its overall budget) is the third lowest in the world (3.6 percent) and 40 percent of…
Mr Akinrinwa Igbekele, the Chairman, Okitipupa local government area of Ondo State on Tuesday presented approximately N12.9 billion 2022 budget proposal to the council. While presenting the budget at the council’s Legislative Chamber in Okitipupa in Ondo state, the chairman assured the residents of the council that the budget would facilitate rapid development for the residents of the council. The budget proposal was tagged: “Budget of Unity and Rehabilitation”. Igbekele expressed optimism that residents would benefit immensely from the budget, saying it was people-oriented that would take care of capital expenditures, overhead cost and social welfare among others. “We were…
The Economic and Financial Crimes Commission, EFCC, on Monday, presented a budget of N31,350,512,836 to the National Assembly, NASS, for its operations in 2022. The figure represents a slight improvement over the N29,575,694,747.46 appropriated for the Commission in 2021. According to a breakdown of the 2022 estimate, N25,896,377,934 is earmarked as personnel cost; N3,600,773,552 as overhead cost; while N1,853,361,550 is projected for capital expenditure. Presenting the budget to the Senate Committee on Anti-corruption and Financial Crimes, headed by Senator Sulaiman Kwari, the Executive Chairman of the Commission, Abdulrasheed Bawa who was represented by the Director of Operations, Abdulkareem Chukkol gave…
A construction industry expert, Mr Temitope Runsewe has commended the Central Bank of Nigeria (CBN) for its proposed N15 trillion Infrastructure Fund, saying it was key to job creation and economic growth. Speaking in Abuja on Tuesday, Runsewe said that the opportunity to utilise private sector funds to support infrastructure investment in critical sectors of the economy, had enormous benefits. He recalled that in July, the Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, had alluded that the nation’s infrastructure deficit would require billions of dollars annually to fix. He also pointed to a report by a…