The Senate has passed the Asset Management Corporation of Nigeria (AMCON) Amendment Bill. This followed the adoption of the report of Senate Committee on Banking, Insurance and Other Financial Institutions at plenary on Wednesday. Presenting the report, Sen. Uba Sani, Chairman of the Committee, said the committee engaged stakeholders including AMCON, Ministries of Finance, Budget and National Planning, Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC) before arriving at its conclusion. He said the stakeholders in their submissions suggested that AMCON be empowered to take possession, manage, sell, transfer and assign property used as security for eligible…
Author: Abdallah el-Kurebe
A Sokoto-based Non Governmental Organization (NGO), Sa’ar Mata Foundation on Tuesday, distributed rice to 1,000 indigent persons across three local government areas of the state. The foundation also distributed Join Admission and Matriculation Board (JAMB) forms to 50 students, to them further their studies at various higher schools of learning in the country. Inaugurating the distribution, the founder, Barrister Sa’adatu Muhammad said that the gesture was part of the annual activities of the foundation to ease the hardship of indigent persons in the state. “This is part of our activity during the period of Ramadan, to support less privileged persons…
The Nigerian National Petroleum Corporation (NNPC), Total Upstream Nigeria Limited and their partners have donated a medical oxygen plant to the Gbagada General Hospital, Lagos. The plant was inaugurated on Wednesday by the Lagos State Governor, Mr Babajide Sanwo-Olu. Sanwo-Olu said one of the most outstanding lessons from the coronavirus pandemic was the need to build stronger and more resilient healthcare systems that would stand the test of time and also lead to improved patient care. “The provision of quality healthcare that guarantees comfort and longevity is a fundamental pillar of our T.H.E.M.E.S developmental agenda. “We will continue to implement…
Sierra Leone has expressed gratitude to Nigeria and some other West African countries as it marked its 60th anniversary of Independence. Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, disclosed this in a statement on Wednesday in Abuja. Vice President Yemi Osinbajo represented Nigeria at Sierra Leone’s 6oth Independence celebration held on April 27 in Freetown. Speaking before several other West African leaders including Osinbajo, the President of Sierra Leone, Julius Bio, mentioned how Nigeria and other countries in the sub-region have been helpful in the course of the peace and development…
The UK Minister for Africa, James Duddridge has blamed the insecurity challenges being faced by some African countries to the effects of climate change. The minister said in Abuja on Wednesday that the main crux of the insecurity borders more on lack of arable land and water occasioned by the effects of climate change. According to him, these issues which are linked to climate change will be elaborated on during the Glasgow Climate Change Conference 2021, tagged COP26. Duddridge said that from the herders’ crisis in Nigeria or Sahel to other crisis, a common denominator was lack of arable lands…
The Kanye West sneakers that sent athletic shoes strutting down fashion runways sold for $1.8 million (N685million), a new world record price for a pair of sneakers, Sotheby’s announced on Monday. The American rapper’s 2008 ‘Grammy Worn’ Nike Air Yeezy samples were prototypes for a line developed by West and Mark Smith for Nike. They were revealed during West’s performance at the 2008 Grammy Awards. The buyer was sneaker investing platform RARES, which paid the highest publicly recorded price for the pair. RARES is a leader in fractional ownership, allowing users to invest in sneakers by buying and trading shares…
The Kaduna State Tuberculosis and Leprosy Control Programme, says it has commenced free chest x-ray for clinical Tuberculosis diagnosis in children. The State Program Manager, Dr Abubakar Sadiq made the disclosure in an interview in Kaduna on Wednesday, saying that the free x-ray is part of the strategy to improve “Tuberculosis indices in the state since the children cannot produce spectrum.” According to him, children are more predisposed and have low immunity. The official noted that childhood Tuberculosis case detection is currently at five per cent of the total cases diagnosed in 2020 in the state, far below the national minimum of…
The United Kingdom (UK) has urged Nigeria to ensure quick passage and enactment of the Electoral Act Amendment Bill currently pending before the National Assembly. UK’s Minister for Africa James Duddridge gave the advice in an interview in Abuja on Wednesday, saying that passing the amendment bill would build more confidence in the country’s electoral process. According to him, confidence in election results plays a very important role in democratic governance. “It is very important. I will meet the senate and I will be asking when the Electoral Act Amendment Bill is going to be passed. “You Know, democracy is…
Governor Bello Muhammad of Zamfara has directed security agencies to henceforth demolish the houses of informants and those supplying arms to bandits in the state. A press release signed by Yusuf Idris, the Director-General on Media to the governor, issued to newsmen in Gusau on Wednesday, said that the order was with immediate effect. Muhammad issued the order when Sokoto State Governor, Aminu Tambuwal paid him a sympathy visit over recent bandit attacks on some communities in Zamfara, which left many people dead and several others displaced. He said serious punitive measures would henceforth be taken including the demolition of…
Ministries of Petroleum Resources, Foreign Affairs, and Humanitarian Affairs, Disaster Management and Social Development are expected to make presentations at the 43rd virtual meeting of the Federal Executive Council, FEC. The meeting is being presided over by President Muhammadu Buhari at the Council Chambers of the Presidential Villa, Abuja, on Wednesday. Those in attendance of the meeting include Vice President Yemi Osinbajo, Secretary to the Government of the Federation, Boss Mustapha and Chief of Staff to the President, Prof. Ibrahim Gambari. Other Ministers physically attending the meeting are those of Information and Culture, Lai Mohammed, Finance, Zainab Ahmed, Justice, Abubakar Malami…