President Muhammadu Buhari has said that the Federal Government has provided N470 billion in the 2023 Budget for revitalisation and salary enhancements in the tertiary institutions. The President said this when he presented the 2023 Appropriation Bill of N20.5 trillion to a joint session of the National Assembly. The budget is tagged “Budget of Fiscal Sustainability and Transition”. Buhari who said that the amount was from constrained resources was aimed at revitalisation and salary enhancements in the tertiary institutions. “The Government notes with dismay the crisis that has paralysed activities in the public universities in the country. “We expect the…
Author: Newsdesk
The Attorney-General of the Federation (AGF), Abubakar Malami has said that about 10 witnesses would testify in a suit filed against Prof. Obiajulu Obikeze and four others over allegations bordering on forgery of chieftaincy documents. Counsel for the AGF, Ewere Aliemeke, made this known on Friday before Justice Inyang Ekwo of a Federal High Court, Abuja. Upon resumed hearing, Aliemeke, who held the brief of Joe Agi, SAN, informed that the matter was scheduled for report. “We are pleased to inform the court that we have been able to retrieve the file of the case from the Office of the Attorney General of the Federation,” he…
The Court of Appeal has permitted the Academic Staff Union of Universities (ASUU) to appeal the ruling of the National Industrial Court (NIC) ordering the union to call off its strike. However, the appellate court granted the application on the condition that the union obeys the ruling of the lower court and calls off the strike immediately pending the determination of the substantive suit The court gave ASUU seven days within which to file the appeal. The National Industrial Court on September 21, ordered ASUU to call off the strike. The court granted the motion on notice filed by the…
China’s external financial assets stood at $9.1563 trillion at the end of June and the external financial liabilities reached $7.0746 trillion resulting in over $2.0816 trillion of net external assets. The State Administration of Foreign Exchange said external financial assets, reserves assets reached $3.2466 trillion, accounting for 35 per cent of the total. It also said direct investment assets stood at $2.6039 trillion, accounting for 28 per cent of the total. “In external liabilities, direct investment liabilities were $3.5874 trillion or 51 per cent of the total, while portfolio investment liabilities were $1.9633 trillion or 28 per cent of the…
The Court of Appeal has ordered the Academic Staff Union of Universities (ASUU) to call of the strike immediately as it is the only condition that the union’s request to appeal the ruling of the National Industrial Court which ordered the union to call off its strike will be given effect. The court, however, granted the application on the condition that the union obeys the ruling of the lower court and calls off the strike immediately pending the determination of the substantive suit. The court gave ASUU seven days within which to file the appeal following the obedience of the…
Prof. Mahmood Yakubu, the Chairman, Independent National Electoral Commission (INEC), on Thursday reiterated that votes cast by electorate would determine the outcome of the 2023 general elections Yakubu, who spoke at the 6th Annual Conference of the Guild of Corporate Online Publishers (GOCOP), also urged the media gurus to help fight fake news. He spoke on “2023 Elections: Managing the Process for Credible Outcome”, in Lagos. Yakubu, who commended the leadership as well as membership of GOCOP for extending invitation to him, said INEC cherished the support of the online media. The INEC boss reminded the publishers to be aware…
The ASUU Strike is now on its 236th day, that is seven months and 24 days. Yet another full academic session has been lost to strike by academics in public universities in Nigeria. The most important victims ae over two million students in public universities who have been denied access to their places of learning. University lecturers are also angry, unpaid and hungry. They are above all clueless as to why the strike tactics they have used for fourty five years is still not working. The mediators – traditional and religious rulers, legislators, university council chairs are talking to both…
The Central Bank of Nigeria (CBN), says it is committed to initiating programmes and policies aimed at supporting Small and Medium Enterprises (SMEs) in Nigeria. The CBN’s Director, Corporate Communications, Mr Osita Nwanisobi said this on Thursday at the apex bank’s special day at the 17th Abuja International Trade Fair. Nwanisobi, who was represented by Samuel Okogbue, the Acting Director, Corporate Communications, said that the CBN had over the years initiated interventions aimed at boosting the fortunes of SMEs. According to him, they include the SMEs Credit Guarantee Scheme (SMECGS) and the Micro, Small and Medium Enterprises Development Fund (MSMEDF). “There…
The National Inland Waterways Authority has released boats to help provide services for stranded travellers in Lokoja and Koton Karfe of Kogi State. The Managing Director of NIWA, Dr George Moghalu said this in a statement signed by the General Manager, Corporate Affairs of NIWA, Jibril Dardau on Thursday in Abuja. Moghalu gave the directive to the Area Manager in Lokoja to quickly release the boats to help ease the suffering of the travelers caused by the flood. He quoted the NIWA gauge readers in Lokoja, as confirming an increased flood level in 2022 when compared to the incident witnessed…
Dr Rose Gidado, Country Coordinator of Open Forum on Agricultural Biotechnology (OFAB), has recommended cotton hybrids incorporated with the BGII technology as a revolutionary solution to to improve productivity. Gidado, also Deputy Director at the National Biotechnology Development Agency (NABDA), made the recommendation in an interview in Abuja on Thursday. She said the hybrids with the BGII technology could help Nigerian cotton farmers, not only by boosting cotton productivity, but also to repel the devastating pest of cotton known as lepidopteran. Gidado said that Bollgard II®(BGII) cotton hybrids produce two Bacillus thuringiensis (Bt), proteins and that Bacillus thuringiensis is a…