Ministers from various ministries are making presentations, as President Muhammadu Buhari is currently presiding over the 14th virtual meeting of the Federal Executive Council (FEC) at the Council Chambers of the Presidential Villa, Abuja. Reports from Abuja say that the Ministries of Aviation, Transportation, Justice, Communications, Health as well as Finance, Budget and National Planning, are expected to make presentations during the meeting. Those in attendance of the meeting include the Vice-President, Prof. Yemi Osinbajo, Secretary to the Government of the Federation, Boss Mustapha and Chief of Staff to the President, Prof. Ibrahim Gambari. Others physically attending the meeting at the…
Author: Abdallah el-Kurebe
The Nigeria Centre for Disease Control (NCDC), has reported 239 new cases of COVID-19, bringing the total to 54,247. The breakdown, according to the Centre’s Twitter handle, @NCDCgov is as follows: Plateau-116FCT-33Lagos-19Ekiti-12Kaduna-11Ogun-11Ebonyi-8Benue-7Abia-5Delta-5Ondo-4Edo-3Imo-2Osun-2Bauchi-1 A total of 42,010 persons have been discharged and 1,023 deaths so far.
Nigeria’s steel giant, KAM Steel Integrated Company, a subsidiary of KAM Holdings, has acquired a Steel Plant Assets owned by the Standard Metallurgical Company, (SMC) in Sagamu, Ogun State. This is part of its efforts towards boosting its capacities for the Iron and Steel production. The Group Managing Director/CEO of KAM Holding, Dr. Kamoru Yusuf, third left, and his wife Dr. Bolanle Yusuf flanked by the management team of Standard Metallurgical Company Limited at shortly after the handing over ceremony on Monday August 31, 2020. According to the firm, about 10,000 jobs would be created for Nigerians. It urged the…
The African Energy Chamber held its first meeting with its Local Content Committee today, placing local content development at the core of its activities. With several established markets like Nigeria or Angola and frontier energy markets such as Senegal or Uganda, the oil sector supports several of Africa’s economies. As a result, the African local content has become a key priority for government, regulators and industry stakeholders. Issues around the perceptions and understanding of local content dynamics were major topics of discussion. Key points put forward included the need for African governments and companies to develop better implementation of local…
The International Islamic Trade Finance Corporation (ITFC) and the Islamic Development Bank (IsDB), are to support Institut Pasteur de Dakar (IPD) based in Senegal with medical equipment and biomedical research in the fight against COVID-19 across a network of laboratories in several Sub-Saharan African countries. This intervention is facilitated through the IsDB Reverse Linkage Mechanism and under the Arab Africa Trade Bridges Program as part of the IsDB Group COVID-19 Strategic Preparedness and Response Program (3Rs). It will ensure IPD’s laboratories network across ten other African OIC member countries receive medical equipment and collaborate in their responses to COVID-19 through the sharing…
Immunisation against COVID-19 in the EU could start in January if all elements of the bloc’s deal with British pharmaceutical giant AstraZeneca fall into place, Austrian Health Minister Rudolf Anschober said on Tuesday. The European Commission announced last week that it had signed a deal for the EU-wide supply of up to 400 million doses of the potential vaccine, which is currently being tested in clinical trials. The target of early next year hinges on whether the companies involved can fulfill their commitments, Anschober said at a news conference in Vienna. “The second condition is that market approval is granted…
By Mustapha Sumaila Over the years, government after government in Nigeria have been criticised over inadequate financing of agribusiness due to lack of access to credit facilities by would-be farmers. This is because the available loanable funds were limited as only a few farmers could access sufficient loans to expand their farming businesses to maximum capacity. Therefore, the present administration’s focus on agriculture is to gurantee the country’s desire for food security and halt food importation with a view to improve the economy. President Muhammadu Buhari has always emphasised this commitment and interest to develop agriculture in order to boost…
The Accident Investigation Bureau (AIB), says it has failed to recover the black box at the crash site of the ill-fated Quorum Helicopter that occurred on Friday in Lagos. The Bureau’s Commissioner, Mr Akin Olateru at a media briefing on Tuesday, said the Helicopter type do not fall into the category that has a Flight Data Recorder (FDR) or the Cockpit Voice Recorder (CVR), because of the weight and the seat size of the aircraft. The accident, occurred on Friday involving a Bell Helicopter 206-B III, Serial Number 3216, Engine Model Allison 250–C20B and Nationality Registration mark 5N-BQW, operated by…
I thank God Almighty for making me able to stand before you today. I give God all the glory for all He has done and continues to do in my life – a life which I have dedicated to Him for selfless service to humanity. And above all, I am grateful for the opportunity to serve Africa passionately, to the very best of my God-given ability.I stand before you today to speak, but I speak for two people: myself and my darling wife, Grace. For without Grace (Yemisi) I will not be here today. I love you honey — thank…
Dr Akinwumi Adesina, President of African Development Bank (AfDB) Group says he will build a much stronger and resilient bank to deliver greater quality impacts on African people. Adesina made the pledge, while giving his inaugural speech during a virtual ceremony of the swearing-in of the AfDB President on Tuesday in Abidjan, Côte d’Ivoire. The AfDB president said this would be done with the leadership and capacity of the bank, while remaining financially strong and sustainable. He said that the bank, over the next five years would focus on institution, people, delivery, and sustainability. “Each of these is encapsulated in the…