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FG Seek Public Support for National Development

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National Development

The Minister of Interior Ogbeni Rauf Adesoji Aregbesola on Friday at the third session of the Synod and conferment on him, by the Ijesa North Diocese of the church of Nigeria, Anglican Communion, held at St Peter Anglican Church, Ijebu-Ijesa, Osun State.

In a speech Titled “Love is the foundation of faith”, Aregbesola said, there was the need for self -examination among citizens with a view to making necessary amendments for the benefit of the country especially as we have gone so long after independence since 1960.

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Aregbesola who stated that he would be in Osun State for some days to carry out a presidential directive on ministers to engage their constituents on security in the aftermath of the #EndSars protests in parts of the country, stated further that, he brought with him greetings and a message of love, appreciation and affection from President Muhammadu Buhari to the church, the prelate, congregation and through them, the people of Osun and the generality of Nigerians.

The minister called on all Nigerians and the good people of Osun state in particular to attune their minds on how to make the state and the nation that haven of habitation, commerce, economic development and the showpiece of our own civilization and the best that we can offer humanity.

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Finance

IMF to Disburse $410 Million in Aid to Kenya

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IMF to Disburse $410 Million in Aid to Kenya

The International Monetary Fund IMF said Monday it had reached an agreement to move forward on the disbursement of 410 million dollars to Kenya as part of an aid package approved in April.

The payment must first be approved by the Board of Governors, which is set to meet in the coming weeks, the IMF said.

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“Economic recovery is underway and the easing of the Covid-19 third wave in Kenya suggests activity should continue picking up, but the environment for policymaking remains subject to uncertainty,” the IMF said in a statement.

The statement also hailed Kenyan authorities’ efforts to increase transparency and fight corruption.

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Finance

Nigeria’s Inflation Rate Drops to 18.12%

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Nigeria’s Inflation Rate Drops to 18.12%

The rate of inflation in Nigeria dropped slightly in April 2021, shedding 0.05 per cent to close at 18.12 per cent in the month under review, the National Bureau of Statistics said on Monday. Nigeria’s rate of inflation was 18.17 per cent in the preceding month of March.

The 0.05 per cent drop in April 2021 was the first time the country’s inflation rate would fall in about 20 months, as the last time it fell was in 2019 when the CPI shed 0.06 per cent, falling from 11.08 per cent in July to 11.02 in August.

In its April 2021 inflation report, the NBS stated that increases were recorded in all Classification of Individual Consumption by Purpose divisions that yielded the headline index.

On month-on-month basis, the headline index increased by 0.97 per cent in April 2021, this was 0.59 percent rate lower than the rate recorded in March 2021 (1.56 per cent).

The urban inflation rate increased by 18.68 per cent year-on-year in April 2021 from 18.76 per cent recorded in March 2021, while the rural inflation rate increased by 17.57 per cent in April 2021 from 17.60 per cent in March 2021.

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The composite food index rose by 22.72 percent in April 2021 compared to 22.95 percent in March 2021.

This rise in the food index was caused by increases in prices of Coffee, tea and cocoa, Bread and cereals, Soft drinks, Milk, cheese and egg, Vegetable, Meat, Oils and fats, Fish and Potatoes, yam and other tubers.

On month-on-month basis, the food sub-index increased by 0.99 percent in April 2021, down by 0.91 percent points from 1.90 percent recorded in March 2021.

In April 2021, all items inflation on year on year basis was highest in Kogi (24.33%), Bauchi (22.93%) and Sokoto (20.96%), while Abia (15.94%), Kwara (15.70%) and Katsina (15.58%) recorded the slowest rise in headline Year on Year inflation.

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NIMASA Charges Local Barge Operators on Facility Investment

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NIMASA Charges Local Barge Operators on Facility Investment

The Nigerian Maritime Administration and Safety Agency, NIMASA, has charged local barge operators to up their game to prevent foreign shipping lines who are investing in the acquisition of foreign classed barges from taking over their business.
Speaking in Lagos, Head Maritime Safety, Engr. Olu Aladenusi, noted that most Nigerian barge operators do not have classed facilities and some are not even the owners of the barges that they are operating with.

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Aladenusi was responding to Executive Secretary of Nigerian Shippers Council, NSC, Hassan Bello, who said barge operators are complaining about foreigners taking over the operation in contravention of the Cabotage law.
He further stated that NIMASA had gotten a letter from the Ministry of Transportation to work with Nigerian Ports Authority, NPA and there has been collaboration between both agencies to reduce the challenges we are having as regards barge operations.

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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

#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.

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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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