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5 Burnt Beyond Recognition in a Car Accident along Yola-Gombe Express Road

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5 Burnt Beyond Recognition in a Car Accident along Yola-Gombe Express road

Five Youth from Adamawa are said to have been burnt beyond recognition in a car accident along Yola-Gombe Express road in, late hours of Saturday.

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The five were on their way to convey the “Kayan Tambaya” Introduction which is a wedding introduction to the bride family.

Mass burial is expected holds on Sunday.

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How Nigeria Is Tackling Illicit Financial flow– Minister

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The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Tuesday, said Nigeria has implemented significant measures to curb illicit financial flow and ensure asset recovery.

The minister spoke at the International Conference on Illicit Financial Flows and Asset Recovery which was held virtually.

In her keynote address, Ahmed described Nigeria as one of the most affected countries as far as illicit financial flow is concerned.

She said, “As one of the most affected countries, Nigeria has demonstrated strong commitment to addressing illicit financial flows through our

participation in the Open Government Partnership and the significant progress made in the extractive industry.

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“We have demonstrated that technology-enabled improvements in tax collection and compliance help deter tax crime and facilitate public trust.

“Also, the mainstreaming of transparency and anti-corruption measures into economic-policy-making processes significantly reduces crime.

“Similarly, establishing an accurate, up-to-date and public beneficial ownership register; and strengthening the automatic exchange of tax information; helps address the commercial components of illicit financial flows.” She explained that among other things, the Federal Government has established an independent Financial Intelligence Unit within the Central Bank and bilateral agreements with several critical destination countries including the United States and Switzerland to ensure the return of stolen assets.

According to her, about 65 per cent of illicit financial flows across Africa emanate from commercial activities such as aggressive tax avoidance and tax evasion, through trade mispricing, abusive transfer pricing, profit shifting, and tax arbitraging.

The minister added that if unchecked, IFFs will continue to “significantly erode domestic revenues, enable corruption, threaten economic stability and sustainable development, divert money from public priorities and hamper Government’s efforts to mobilize domestic resources and recover better.”

She, therefore, called for sustained cooperation between Africa and multilateral organisations to eradicate illicit financial flow, thereby enabling environmental, social, and economic development across the continent.

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We Are Committed to Dialogue – NLC

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We Are Committed to Dialogue – NLC

The Nigerian Labour Congress (NLC) says it is committed to its principle of dialogue and social bargaining for the benefit of disengaged workers in Kaduna State.

The NLC Chairman, Kaduna State chapter, Ayuba Magaji, said this on Tuesday, at the second day of the procession against the government to reverse mass disengagement of its workers, in Kaduna state.

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It is a very simple issue, let the Kaduna state government reinstate the disengaged workers and they should not sack the 11,000 they are planning to and we will call off our action, he said.

He said the government need not be tough on the matter as this is a democratic regime, and even in military regimes, labour unions strive. “We will continue with our struggle,” Magaji added.

Magaji noted that industrial actions, being issues of collective bargaining and social dialogue, should call for consultation by leaders or employers of labour before taking critical decisions or actions against workers.

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LCCI Decries Current Inflation Rates of 18.12% in Nigeria

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LCCI Decries Current Inflation Rates of 18.12% in Nigeria

The Lagos Chamber of Commerce and Industry (LCCI) has decried the current inflation rate of 18.12 per cent in Nigeria, saying it is still very high.

Its Director-General, Dr Muda Yusuf, spoke with reporters in Lagos on Tuesday, following the April inflation rates reports by the National Bureau of Statistics (NBS).

Yusuf said that the nation’s April inflation rate of 18.12 per cent was very high, in spite of the 0.5 per cent decline from the March 18.17 per cent figure.

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He also said that food inflation at over 22 per cent was still very high, in spite of the marginal moderation in food prices in April 2021.

According to him, in spite of the five-basis points moderation in consumer prices, the inflation rate remained high, as it doubled the Central Bank of Nigeria’s upper target range of nine per cent.

Yusuf added that the impact of monetary interventions on agricultural output had been undermined by several structural constraints, including insecurity.

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Naira expected to continue relatively stable

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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.

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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