Connect with us

Agriculture & Nigerian Economy

Nigerian Government Lifts Ban on Emirates Airline

Published

on

The Nigerian government has lifted the ban placed on Emirates Airline

The Nigerian Government has lifted the ban placed on Emirates Airline

Minister of Aviation, Hadi Sirika, announced on his Twitter handle on Wednesday.

“UAE has written to state that they agree to issue visas to Nigerians, consequently, the decision has been reached to allow Emirates Airline to fly into Nigeria. “commencement of the Visa issuance is condition precedent. Please bear with this unusual situation. Many thanks,” Sirika stated in a tweet.

Watch Our YouTube Videos

According to the Minister, it was necessary for Nigeria to implement the principle of reciprocity to all countries that had banned flights from Nigeria.

The Federal government had on September 18, 2020 announced the ban of Emirates flights to Nigeria.

Incase You Missed:

Borno State Police Command Bans Protest Over Fuel Price Hike

African Beach Soccer Union Inaugurates Five Standing Committees

Super Eagle’s Tyronne Ebuehi Preparing to Replace Wilfred Ndidi

Nasir El-Rufai Vows To Sustain Kaduna Marathon

N75bn MSME Schemes’ Registration Commences

FG Restricts Travelers from US, UK, 11 others, over COVID-19

Top Epidemiologist to Become Czech Republic Health Minister

FG Announces Resumption Of Domestic Flight

NLC Gives FG 14 Day Ultimatum to Review Electricity and Petrol Price Hike

Gbenga Ogunbote Signs One-Year Contract with Sunshine Stars

Atiku, Gbajabiamila Congratulates Nigeria on 60th Independence Anniversary

Agriculture & Nigerian Economy

FG To Receive $2.5 Billion China Loan To Complete Ajaokuta-Kaduna-Kano Gas Pipeline

Published

on

By

Zainab-Ahmed

The Federal Government, Tuesday, said it is set to receive a $2.5 billion loan from china to complete the Ajaokuta-Kaduna- Kano, gas pipeline project by 2023.

Minister of finance, Zainab Ahmed, made this known while inspecting the project by one of the contractors handling section one, Oilserv Nigeria limited, which is from Ajaokuta to Abuja.

Click to Watch Our YouTube Video’s

Ahmed who noted one of the cardinal objectives of the project as creating jobs for youth, also expressed optimism that the project will be delivered by 2023.

She noted with satisfaction that the pace of the project has been good despite the economic slowdown.

“We are glad that gas is being piped to Ajaokuta, Kaduna to Kano. This project in this part of the country will create jobs, even now that work is going on locals are being employed.

The contractor is doing a quality and excellent job, and we commend NNPC for implementing this project’’, Ahmed said.

Incase You Missed:

Kemi Adeosun replaces, as Ahmed Resumes as Supervising Minister of Finance

Updates: Chinese National Oil Company Guarantees Funding for NNPC’s AKK Project

Court Rejects EFCCs Appeal to Revoke Bail Granted to Fani-Kayode in Alleged N26M Fraud Trial

Court Rejects EFCCs Appeal to Revoke Bail Granted to Fani-Kayode in Alleged N26M Fraud Trial

Court Rejects EFCCs Appeal to Revoke Bail Granted to Fani-Kayode in Alleged N26M Fraud Trial

FG Signs MoU With China On Military Aid as Defence Minister Assures of Proper Utilization of Aid

Continue Reading

Agriculture & Nigerian Economy

FG Says Hike in Price of Air Ticket Inevitable as a Result of COVID-19

Published

on

By

Aviation sector, Airfare

The Federal government on Thursday said the over 100 per cent hike in domestic Airfares was inevitable, describing it as one of the consequences of the COVID-19 pandemic.

It also disclosed that 300 employees of Arik air who would have been recently sacked by the carrier had not been relieved of their jobs based on the intervention of government.

Click to Watch Our YouTube Videos

The Director-General of the Nigerian civil aviation authority, Musa Nuhu, disclosed this in Abuja at the briefing of the presidential task force on COVID-19.

Nuhu stated that because of the shutdown, airlines could not find slots to take their aircraft out, adding that the dollar rate had gone up and operators needed to raise enough money.

On the issue of 300 sacked staff employees of Arik air, the NCAA boss said the workers were not retrenched.

Incase You Missed:
NIGERIAN GOVT IN LAST PHASE OF SECURING $1.5BN WORLD BANK LOAN –FINANCE MINISTER

Amazon deploys AI ‘distance assistants’ to notify warehouse workers if they get too close

NIGERIAN GOVT IN LAST PHASE OF SECURING $1.5BN WORLD BANK LOAN –FINANCE MINISTER

Troops of Operation Whirl Stroke Neutralizes Armed Bandits, Recover Arms in Benue and Nasarawa States

NIGERIAN GOVT IN LAST PHASE OF SECURING $1.5BN WORLD BANK LOAN –FINANCE MINISTER

Amazon deploys AI ‘distance assistants’ to notify warehouse workers if they get too close

Over 500 Covid-19 patients likely to recover in coming weeks – Gabby Otchere-Darko

 

Continue Reading

Agriculture & Nigerian Economy

World Bank Forecast: Poor Nigerians Will Reach 100 Million by 2022

Published

on

By

world Bank

On Thursday, the World Bank forecasted that there will be increase of the number of poor Nigerian from 90 million to about 100 million by 2022 following the effect of the COVID-19 pandemic on the Nigeria’s economy.

Click to Watch Our YouTube Videos

It stated that about 11 million more Nigerians were expected to fall into poverty following the effect of COVID-19 crisis.

This was disclosed during the event, ‘Nigeria Development Update Virtual’ which had the theme ‘Rising to the Challenge: Nigeria’s COVID-19 response’.

The World Bank also put the financing portfolio approved by its board for Nigeria at about $11.5bn.

Marco Hernandez, an economist with the bank made his presentation at the event stating that before the COVI-19 pandemic, about two million Nigerians were expected to fall into poverty I 2020 as population growth outpaced economic growth.

Incase You Missed:

NIGERIAN GOVT IN LAST PHASE OF SECURING $1.5BN WORLD BANK LOAN –FINANCE MINISTER

FG Commissions New Medical Laboratory and Dialysis/VIP Amenity Building at FMC Keffi

BREAKING: Former Ghanaian President , Jerry Rawlings Dies

‘Nigeria beyond oil’ — Political, business leaders converge for FT Nigeria Summit

IGP Orders Investigation into Alleged Suit Challenging the Legality of States’ Judicial Panel of Inquiry

‘Nigeria beyond oil’ — Political, business leaders converge for FT Nigeria Summit

World Bank working with Nigeria to increase revenue generation

Continue Reading

Trending