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We Will Push Until You Win, President Buhari Assures Okonjo-Iweala

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Buhari assures Okonjo-Iweala

We Will Push Until You Win, President Buhari Assures Okonjo-Iweala

President Muhammadu Buhari has assures Nigeria’s Former Minister of Finance and Economy, Dr Ngozi Okonjo-Iweala, that the country will seek every opportunity and deploy its entire energy to ensure that she becomes the next director-general of the world trade organization (WTO).

President Buhari, who received Okonjo-Iweala at the presidential villa, said she deserved more support to get the top job because of her profile and diligence in serving the country, and the world.

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President Buhari assures Okonjo-Iweala that the will make more phone calls and send letters to some world leaders for more support. In her response, Okonjo-Iweala expressed gratitude to the president for his support, adding that she felt very proud of Nigeria.

Okonjo-Iweala is one of two candidates contesting for the top position of the multilateral Institution.

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Finance

Nigeria’s External Reserves Records Decline to $35.67bn

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Nigeria’s External Reserves Records Decline to $35.67bn

 

Nigeria’s external reserves, last week, fell for the fourth consecutive week to $35.67 billion even as the Naira depreciated to N462 per dollar in the parallel market.

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According to the central bank of Nigeria, foreign reserves are assets held on reserve by a monetary authority in foreign currencies. These reserves are used to back up liabilities and influence monetary policies. They include foreign banknotes, deposits, bonds, treasury bills, and other government securities.

Data from the central bank of Nigeria shows that the reserves fell to $35.672 billion on Thursday last week from $35.725 billion the previous week.

This translated to week-on-week decline of $53 million dollars, more than 100 percent increase from the $23 million w/w decline recorded in the previous week.

According to the CBN data the reserves have been on the downward trend for four weeks since September 17th. It fell by $139 million to $35.672 billion last week Thursday from $35.811 billion on Thursday September 17th.

Prior to the four weeks decline, the reserves rose steadily for two weeks, by $145 million to $35.811 billion on September 17th from $35.666 billion on September 2nd.

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Naija News

Lagos-Ibadan Railway, Buhari to Commission January 2021

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Buhari to Commission Lagos-Ibadan Railway January 2021

 

The Minister of Transportation, Rotimi Amaechi, has announced that President Muhammadu Buhari will commission the Lagos-Ibadan railway in January 2021 to improve movement for cargoes and passengers in the country.

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Amaechi made the disclosure during an oversight visit from Lagos to Ibadan while inspecting the ongoing construction of the standard gauge in Ibadan.

The Minister said that the contractors had done their best with the project while attributing weather conditions as one of the challenges being faced by the contractors.

The Minister tasked the contractors on the Lagos-Ibadan railway line to ensure completion of all the stations by December including the Apapa station which started late, so it can be commissioned and the route made fully operational.

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Newsroom

Thugs, Allegedly Breaks Into Benin Prison

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Thugs, Allegedly Breaks Into Benin Prison

Alleged thugs on Monday,19 October 2020 broke into the Benin Prison commonly called White House, and released numerous convicts in one of the prison cells.

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The armed squad of the prison officials engaged the suspected thugs in gunfire which resulted in some people getting injured.

The thugs started gathering along Sapele Road beside the prison as early as 7 am setting bonfires and sending back road users.

They began their attack when their number increased, broke a section of the wall while others climbed the fence into the prison yard.

The Government of Edo State has imposed a 24-hour curfew across the state until further notice.

The Curfew is as a result of the occurrence of destruction and attacks on individuals and by these thugs disguising as EndSars protesters. The curfew is to begin from 4 pm, October 19, 2020.

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COVID-19 PREVENTION

infectious diseases in your community. It is very important to wash your hand frequently with soap under running water.

COVID-19 IS REAL

Inside Nigeria's Covid-19 wards

“I can’t bury my sister”The pain of Covid-19 is real.Watch and share video 👇BBC News Africa

Posted by BBC Media Action Naija on Wednesday, July 8, 2020

#COVID19NIGERIA Situation Report

The #COVID19Nigeria situation report for 21st July, 2020 has been published. Our daily reports provide a summary of the epidemiological situation & response activities in Nigeria

The #COVID19Nigeria situation report for 21st July, 2020 has been published. Our daily reports provide a summary of the epidemiological situation & response activities in Nigeria

@Africa CDC

The African Union and Africa CDC will virtually rollout the Partnership to Accelerate COVID-19 Testing (PACT) in Africa tomorrow 4 June, 2020 at 11.00 am Eastern Africa Time.

The African Union and Africa CDC will virtually rollout the Partnership to Accelerate COVID-19 Testing (PACT) in Africa tomorrow 4 June, 2020 at 11.00 am Eastern Africa Time.

GALLANT OFFICER

Gallant Officer
"Also found worthy of honour was Bashir Abubakar, an Asst Comptroller-General of Customs, who rejected a bribe of $412,000 per container offered him by drug traffickers seeking to bring 40 containers of Tramadol into Nigeria. A fine example of incorruptibility, worthy of emulation"

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