Guardian Newspaper Headlines Today Wednesday 10th July 2024

Guardian Newspaper Headlines Today Wednesday 10th July 2024

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NIGERIA NEWS Wednesday 10th July 2024

Aiyedatiwa disburses N1b gratuity to Ondo council retirees

Governor of Ondo State, Lucky Aiyedatiwa, disclosed on Tuesday that his administration had begun reviewing the template for the payment of gratuities to retirees in order to ensure speedy payment of the backlog owed by the government. According to Aiyedatiwa, during the flag-off of the second batch of N1 billion payments of outstanding gratuities to the local council retirees in Akure, the state capital, the gesture was in continuation of efforts towards promoting the welfare of retirees in the state. The governor, who assured that payment of pensions and gratuities will henceforth be regular, noted that the development will no
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Mastercard Foundation inaugurates EdTech conference in Nigeria

The Mastercard Foundation, an international non-governmental organisation, kicked off its inaugural EdTech conference on Tuesday, posing a critical question: “How do we build resilient and inclusive EdTech ecosystems?” Rosy Fynn, Country Director Nigeria, Mastercard Foundation, posed this question to a room of over 500 attendees. The high-level opening panel featured prominent speakers including Bosun Tijani, Nigeria’s Minister of Communications, Innovation, and Digital Economy; Joseph Nsengimana, Director, Mastercard Foundation Centre for Innovative Teaching and Learning; and Albert Nsengiyumva, Executive Secretary, Association for the Development of Education in Africa (ADEA). READ MORE: Mastercard Foundation hosts inaugural EdTech conference in Abuja The event,
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NCAA to sanction airlines over deceitful departure time scheduling

The Nigeria Civil Aviation Authority (NCAA) has threatened to sanction airlines found culpable in announcing deceitful departure time scheduling. NCAA Director General, Chris Najomo, said this during a press briefing at the Authority’s corporate headquarters in Abuja. Najomo said the NCAA now runs a zero-tolerance approach to regulatory infractions. READ ALSO: NCAA suspends 10 private jet operations NCAA’s Director of Public Affairs and Consumer Protection, Mr. Michael Achimugu, who represented the DG, warned the airlines to desist from the infraction or face dire regulatory actions. “He made the ease of doing business the crux of his action plan for the
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House of Reps panel threatens arrest warrant against Dangote

A committee of the House of Representatives investigating the hike in the price of cement has threatened to issue warrants of arrest against the management of Dangote Cement. The House of Representatives committee said Dangote Cement refused to honour its invitation. READ ALSO: Dangote accuses IOCs of plotting failure of oil refinery The House Committee on Solid Minerals, chaired by Jonathan Gaza (SDP, Nasarawa), issued the threat on Tuesday during a hearing at the National Assembly Complex after the management of the company failed to show up. The Nigerian constitution in section 89 empowers the National Assembly to issue a
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FG to fund Julius Berger for construction of Lokoja-Shintaku Bridge

The Federal Government said it has concluded plans to provide alternative funding for Julius Berger to construct the Lokoja-Shintaku Bridge as part of its filling financing gaps in road infrastructure development in the country. Minister of Works, David Umahi said this during discussions with Julius Berger Plc and others in Abuja. Umahi said the decision was reached when he met with the representative of the firm and Business Development Strategist, Filipe Nuno Lopes, and the development partners. Umahi explained that the step was taken by the Ministry to bridge the gap in road infrastructure funding, hoping that with the financing
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Tinubu appoints Jega co-chair of livestock reforms committee

President Bola Tinubu on Tuesday appointed former Chairman of the Independent National Electoral Commission (INEC), Professor Attahiru Jega, as Co-Chairman of the Presidential Committee on Implementation of Livestock Reforms. Tinubu announced this in Abuja at the inauguration of the committee. READ ALSO: Tinubu creates ministry of livestock development The committee is expected to address the obstacles to agricultural productivity and open up new opportunities that benefit farmers, herders, processors, and distributors in the livestock-farming value chain. Tinubu, who is the alternative chairman of the committee, emphasized that the implementation of the reforms will require the collective efforts of members, drawn
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Tinubu creates ministry of livestock development

President Bola Ahmed Tinubu has created the Federal Ministry of Livestock Development. No minister has been announced yet for the new ministry. Tinubu announced the creation of the ministry on Tuesday at the State House, while inaugurating the Renewed Hope livestock Reform Implementation Committee. Present at the Inauguration were the Vice President, Kashim Shettima, the Secretary to the Government of the Federation, George Akume, the Chief of Staff to the President, Femi Gbajabiamila amongst cabinet members. Recall that President Tinubu on 15th September, 2023, approved the establishment of the Presidential Committee dedicated to the reform of the livestock industry and
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DMO insists Nigeria’s debt-to-GDP within World Bank, IMF ceiling

The Debt Management Office (DMO) on Tuesday explained that Nigeria’s debt-to- Gross Domestic Product (GDP) ratio is within the specifications of the World Bank and International Monetary Fund (IMF) for the country’s peer group. The Director-General of the DMO, Ms. Patience Oniha, gave this explanation in an interview with the News Agency of Nigeria (NAN) in Abuja. READ ALSO: PwC raises concerns over Nigeria’s N121.6tr debt, rising deficit The DMO boss was reacting to some media reports that the debt-to-GDP ratio of 52 per cent exceeded the World Bank/IMF’s prudential ceiling for countries in Nigeria’s peer group. She explained that
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FG moves to restart Kaduna power plant

The Federal Government Tuesday returned to the dual-fired 215 megawatt power generation plant in Kaduna promising to complete the project in no time. The Minister of Power, Adelabu Adebayo during a visit to the plant, stressed the need to improve the state of power generation in the country, especially in the northern corridor. READ ALSO: Electricity subsidy now N1tr — Minister While the Federal Government awarded the contract in 2009 under the National Integrated Power Project (NIPP), which is being warehoused under the Niger Delta Power Holding Company, the project remained one of the many moribund power sector projects that
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Utomi knocks FG over ‘panic’ measures to cut food prices

A political economist, Prof. Pat Utomi, has knocked the Federal Government over the measures it unveiled on Monday to reduce the prices of food items across Nigeria. President Bola Tinubu’s administration unveiled these measures in a statement signed by the Minister of Agriculture and Food Security, Abubakar Kyari. According to Kyari, certain imported food items through land and sea borders will be suspended. “There will be a 150-day duty-free import window for food commodities: suspension of duties, tariffs and taxes for the importation of certain food commodities through land and sea borders,” Kyari said. “These commodities include maize, husked brown
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