Connect with us

Naija News

COVID-19: SIFAX Group Render More Support To Fight Against Coronavirus.

Published

on

SIFAX Covid-19 NPA donated

COVID-19: SIFAX Group Render More Support To Fight Against Coronavirus. * Protective Equipment Donated To NPA.

Some days ago, after SIFAX gave a huge amount of money to the government, as an intervention to fight against COVID-19 in the country, the group has again donated protective equipment to NPA (Nigerian Port Authority).

The donations were made through the NPA Liaison office at Tincan Island, in a brief ceremony-Financial Business News.

The Executive Director, SIFAX Off-Dock, Capt. Ibraheem Olugbade emphasized during his speech that SIFAX Group is highly committed to the development of the port industry and the economy at large.

He added that the company is supporting the government’s effort to eradicate this deadly disease that is bringing great panic to the globe.

Also Read:

The items donated by SIFAX to NPA: 100 boxes of nose masks, 20 packs of special nose masks, 100 cartons of hand sanitizers, and 200 boxes of hand gloves.

Capt. Ibraheem Olugbade added that:  the items were given in order to stop the spread of the virus at Tincan, Island Port.

The NPA Port Manager, Tincan Island, Alhaji Abubakar Umar, makes a statement that he will make sure that the items get NPA headquarters and put to proper use.

He appreciated SIFAX Group for their support and intervention at the right time.

SIFAX Group, some weeks ago donated a huge sum of N130 million to aid the fight against COVID-19 in the country.

Naija News

Ten More Kidnapped Bethel Baptist School Students Regain Freedom

Published

on

Ten More Kidnapped Bethel Baptist School Students Regain Freedom

Ten more abducted students of Bethel Baptist Secondary school in Kaduna State have regained their freedom.

This is the fourth batch of the students released so far by their abductors.

The police are yet to confirm the development, but a top official of the school told Channels Television that the 10 students were released on Sunday afternoon, after an unspecified amount of money was paid as ransom to the kidnappers.

He also expressed optimism that the bandits will release the remaining eleven kidnapped students still in captivity in no distant time.

A total of 121 students of Bethel Baptist Secondary school in Chikun Local Government Area of the state were abducted by bandits from their hostels on July 5, 2021.

Watch Our YouTube Videos

The students were later released in batches after their parents reportedly paid ransoms to their abductors.

Incase You Missed:

Nigeria’s Inflation Rate Drops to 17.38% in The Month of July

Londre Sylvester, 31, who is known by his stage name KTS Dre has died.

Zamfara Govt. Donates N15m to Families of Slain Police Personnel.

Taliban Says Girls to Return to School “As Soon as Possible.

Continue Reading

COVID-19

COVID-19 interventions cost 3.5% of Nigeria’s GDP – CBN

Published

on

COVID-19 interventions cost 3.5% of Nigeria’s GDP – CBN

The implemented initiative of the Central bank of Nigeria to mitigate COVID-19’s economic impact accounted for about 3.5% of Nigeria’s Gross Domestic Product.
Godwin Emefiele, the CBN Governor stated this during his presentation at the 30th annual conference of financial reporters.
Emefiele was represented at the event by the apex bank’s spokesperson, Osita Nwanisobi.
Cumulatively, the bank’s intervention efforts represented about 3.5% of the GDP.”
He explained that the policy measures included a cumulative reduction of the monetary policy rate from 13.5% to 11.5% between May and September 2021 in order to spur lending to the economy and support the current recovery of output growth; Reduction of the interest rate on CBN intervention loans from nine to 5%; and a one-year extension of the moratorium on principal repayments for CBN intervention facilities.
The Coronavirus Disease (COVID-19) in Nigeria continues to record increases as the latest statistics provided by the Nigeria Centre for Disease Control reveals that as of 23rd of September, 203,514 cases have been confirmed, 191,950 cases have been discharged and 2,668 deaths have been recorded in 36 states and the Federal Capital Territory.

Watch Our YouTube Videos

A total of 2.99 million tests have been carried out as of 23rd September 2021.

Incase You Missed:

Nigerian Targets $6.2 Billion in Eurobond Issuance.

Women Football: Banyana Banyana Defeat Super Falcons 4-2 on Aisha Buhari Cup’s Final Day

Osinbanjo Pledges FG’s Support to Uplifting Citizens’ Standard of Living.

CBN Declare War on AbokiFX Owner, Oniwinde.

Continue Reading

Naija News

FG Sets Up Committee on Recovery of Illegally Refined Crude Oil

Published

on

FG Sets Up Committee on Recovery of Illegally Refined Crude Oil

In a bid to block revenue leakages, the federal government, on Thursday, inaugurated an inter-ministerial committee to tackle illegal refinery of crude oil in the niger delta region of the country.

 

Members of the committee, who took their oath at the office of the attorney-general of the federation and minister of justice, abubakar malami, san, were drawn from the ministry of defense, the Nigerian army, the navy, defense headquarters, the Nigerian security and civil defense corps, the Nigerian national petroleum corporation, NNPC.

 

As well as from the federal ministry of justice, the ministry of environment, the department of petroleum resources, and the national oil spill detection and response agency.

 

The solicitor-general of the federation and permanent secretary of the federal ministry of justice, umar mohammed, who represented the AGF at the event, said the major mandate of the committee, was the recovery of illegally refined petroleum products in the dug-up pits found around the creeks of the niger delta.

Watch Our Youtube Videos

According to him, in line with the policy of the current administration on security and economy, as well as the preservation of the environment from negative hazards. The office of the attorney-general of the federation and minister of justice, in collaboration with all stakeholders, have put in place a mechanism for effective and efficient management of illegally refined products recovered from dug-up pits found around the creeks of the niger delta.

Incase You Missed:

President Buhari to get NDDC ‘forensic audit’ report July

President Buhari Receives NDDC Forensic Audit Report

MTEF/FSP: Senate Threatens CBN, NCC, Others.

NIN MANDATORY FOR FOREIGN DIPLOMATS –FG

Continue Reading

Trending