The International Monetary and Financial Committee (IMFC) has come up with an agreement to create a Common Framework for handling sovereign debt treatments beyond the Debt Service Suspension Initiative (DSSI). Kristina Georgieva, Managing Director, International Monetary Fund (IMF), said this in Washington D. C. on Thursday at the IMFC opening press conference at the ongoing 2020 International Monetary Fund (IMF)/World Bank virtual annual meetings. Georgieva said that there were two significant ‘deliverables’ from the G20 which were endorsed by the IMFC. She added that the framework would be an important advancement in the international architecture for resolving sovereign debt matters in an…
Author: Abdallah el-Kurebe
As Nigerians continue to protest Police brutality in the country, Vice president Yemi Osinbajo, has told Nigerians “We are sorry” for moving slower. According to him, “Many feel that we have been too silent and have simply not done enough. These feelings of frustration are justified.” Osinbajo assured Nigerians of action, which he said was ongoing. Read the letter below: Dear Nigerians, I know that many of you are angry, and understandably so. We could’ve moved faster and for this we are sorry. I fully understand how many young people feel. Many feel that we have been too silent and…
The Nigeria Centre for Disease Control has confirmed 212 new cases of Coronavirus(COVID-19) in the country. The NCDC made this known on its official twitter handle on Friday. A total of eight states have recorded 212 infections in the country in the last 24 hours. According to the agency, the 212 new cases brought the nation’s confirmed COVID-19 infection cases to 61,194. It stated that there were 110 COVID-19 patients discharged across the country in the last 24 bringing total number of successfully treated cases to 52,304. The NCDC said that the nation sadly recorded three new related COVID-19 deaths…
Rev. Omotola Oyediran, the eldest daughter of late Chief Obafemi Awolowo, died on Friday at age 79. The news of Oyediran’s was confirmed in a statement issued on Friday evening by the husband on behalf of the family and made available to news in Ibadan. The late Oyediran, who was born on December 1, 1940, was until her death the Chairman of African Newspapers of Nigeria (ANN). She was the first daughter of the late sage, Chief Obafemi Awolowo and late wife, Chief (Mrs) HID Awolowo. The late Oyediran was the wife of Prof. A.B.O.O. Oyediran, a former Vice-Chancellor of…
Governor Aminu Tambuwal of Sokoto state, has once again indicated that the federal government’s office in charge of dispensing the proceeds of its social intervention programmes in the State have some challenges that are making it difficult for the state government to benefit maximally from the scheme. Governor Tambuwal made the observation Friday when he received the Minister of Humanitarian Affairs and Disaster Management, Hajiya Sadiya Umar Farouq and her counterpart of the Ministry of Women Affairs, Mrs Pauline Tallen at Government House, Sokoto. He said although the state government have benefited much from the federal government’s social intervention programmes,…
Lagos State Government says that 181 students and staff of a private boarding school in Lekki area of the state have tested positive to COVID-19 infection. Lagos State Commissioner for Health, Prof. Akin Abayomi, disclosed this in a statement on Friday in Lagos. Abayomi said that the cases were detected during COVID-19 surveillance and case investigation in the school, adding that there were 441 students and staff in the school. “I am pleased to announce that all the infected students are predominantly asymptomatic, while some have very mild symptoms, no student has required hospitalisation,” he said. The commissioner explained that…
The Buhari Media Organisation (BMO) has described Nigeria’s status as Africa’s largest rice producer, and the world’s largest producer of cassava, as a clear testament to the significant progress in the Agricultural sector under President Muhammad Buhari. The group said in a statement signed by its Chairman Niyi Akinsiju and Secretary Cassidy Madueke, that the government’s rice production programme helped boost food security at a time of the global Covid-19 crisis. “Even before the pandemic, the federal government had saved about $6bn which would have gone into importing rice between 2015 and 2019. The quantity of rice coming into the…
The Police Service Commission, PSC, says the Commission would speed up action on the implementation of the Report of the Presidential Panel on Reform of the Special Anti-Robbery Squad (SARS). The Chairman of the Commission, retired Inspector General of Police, Musiliu Smith stated this when he received the Executive Secretary of the National Human Rights Commission, NHRC, Tony Ojukwu on Friday. Ojukwu was at PSC to formally present the 2018 Report of the Presidential Panel and to solicit the support of the Commission in the implementation of the aspects of the Report covered by PSC constitutional mandate. The Presidential Panel…
The Director-General of the National Agency for the Prohibition of Trafficking in Persons (NAPTIP), Julie Okah-Donli, says the agency had so far inaugurated task force against human trafficking in 14 states. The DG disclosed this on Friday in Abuja, at a news conference, to keep the media and the general public abreast of the emerging issues aimed at making Nigeria a non-trafficking and violence free nation. She said that the attention of the agency had been drawn to various misleading claims concerning the efforts of the government of Nigeria in response to incidences of rape and other forms of violence.…
The Kano State Agro Pastoral Development Project, is set to support 550,000 primary beneficiary farmers in Kano, as part of its overall objective to contribute to reducing poverty and strengthening food and nutrition security in the state. The project, through Sasakawa services, will impact on 450,000 farmers of rice and maize while KNARDA, the state agricultural agency, has been engaged to work with 100 000 farmers, providing them starter kits including fertilizer, seeds and animal plough, trainings and marketing services. The State Project Coordinator, Malam Ibrahim Muhammad made this known in a message to mark the World Food Day 2020.…