Author: straightnewsng.com

The House of Representatives Joint Committee on Finance, Customs and Public Petitions, has summoned the Attorney-General of the Federation, Comptroller-General of Customs and Ministry of Finance, Budget and National Planning to appear before it on November 6, 2019, over alleged concession scam. Others summoned by the committee include the Managing Director/CEO of HUAWEI Technical Services Provider, Managing Director/CEO Bergmans Security Consultant and Supplies Ltd, Bionica Technologies (West Africa) Limited, and Managing Director/CEO of African Finance Corporation. The joint committee issued the summons yesterday, James Faleke, Yuguda Hassan Kila and Jerry Alagbaoso, chairmen of House Committees on Finance, Customs and…

President Muhammadu Buhari has reiterated Federal Government’s readiness to mobilise additional capital from development finance institutions for the upgrade of critical infrastructure in the country. The Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu, who stated this in a statement issued Thursday, said President Buhari met with United States Treasury Secretary, Steven Mnuchin, in Riyadh on Wednesday, and had positive discussions on investments in Nigeria, under the new United States International Development Finance Corporation, USIDFC, which provides $60 billion for investments in developing nations. He said the President at the meeting held on the margins…

In its quest to raise more infrastructure funds, the federal government is currently exploring the possibility of introducing Jollof Bonds into the capital market. The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, who stated this at BusinessDay Investment and Capital Markets Conference, in Abuja, Thursday, also spoke of plans by the government to come up with Vision 2040. She said that a working group was being set up on the Naira-denominated, internationally traded Jollof Bonds. The minister said: “We are currently exploring the use of so-called “jollof bonds” to fund infrastructure. To this end, during the recently…

Governors elected under All Progressives Congress, APC, Thursday, said the party was working towards developing a standard communication template for all APC states in order to effectively project the ideals of the party within and outside Nigeria. Lagos State governor, Babajide Sanwo-olu, stated this on behalf of the governors at a meeting with spokespersons and Commissioners of Information of APC-controlled states in Abuja. The governor, who was represented by his deputy, Dr Obafemi Hamzat, however, said they were not disturbed by the purported campaigns by some of their party men, ahead of the 2023 general elections, declaring that since every…

The 2 Brigade Nigerian Army defied early morning rain on Thursday to clean up Akpan Andem market in Uyo, Akwa Ibom capital as a way of cementing a cordial civil-military relationship in the area of operation. Led by its Commander, Brig. -Gen. Taoreed Lagbaja, the army carried out the sanitation as part of activities marking Operation Crocodile Smile IV. Lagbaja, while speaking with newsmen after the brigade had finished the sanitation exercise at Akpan Andem market in Uyo metropolis said that the cleaning exercise at the market was part of civil military relationship. He said that the army would continue…

By Akanimo Sampson Two key United Nations agencies- Population Fund and Children Fund- have join forces to shut down the scourge of child marriage. The development is coming into the open following the fall out of the arrest of Haderu Gebray, 15, and her parents earlier this year for planning her wedding to an older man she had never met. Ms. Gebray’s plight hit the media headlines instantly in Ethiopia, where child marriage is illegal. All it took to create a huge public outcry on her behalf was a post on Facebook from a young man in her area, a…

Two students of University of Calabar, UNICAL, have been expelled over various forms of examination malpractices, the institution’s management has confirmed. Vanguard learned that the affected students include, ThankGod Ibiang Ofem, with Matric No. 09/32083 of the Department of Medicine and Surgery, and Asibade Benjamin, with Matric No. 13/24145002 of the Department of Radiography and Radiological Sciences. Their expulsion from the University is with effect from the 2017/2018 academic session. Also, the University has suspended three others for the 2017/2018 academic session for related offences. They are, Iroh Jacinta Adanze with Matric No. 146/1145073, of the Faculty of Law; Ndukeobong…

A 12-year-old child was among the 2,900 fresh students who matriculated at the University of Ghana over the weekend. Viemens Bamford is studying Public Administration in the University of Ghana Distance Education School. Viemens said to be tutored by his father, Robert Bamfo for the past three years in various subjects successfully passed the November-December West African Senior School Certificate Examination (WASSCE). He is not the only beneficiary of homeschooling, but also his senior brother, 20-year-old Edwin Bamfo who went through the same training and completed the Kwame Nkrumah University (KNUST) with Upper-Class honours in Environmental Science. The boy, in…

By Akanimo Sampson Lack of access to all-weather roads and transport services, is a major barrier to social and economic advancement, a damning global mobility report has said, pointing out that more than one billion people, or one-third of the global rural population are denied such access. With growing urbanisation, increasing world trade and new technologies, the global mobility system is stressed. And though mobility is a key factor of human progress, transport is a major contributor to CO2 emissions. Programme Manager of the Sustainable Mobility for All (SuM4All), Nancy Vandycke, said “the current mobility system takes a heavy toll…

The House of Representatives, Thursday, approved a resolution to formalize the procedures of the impeachment inquiry into President Donald Trump, marking a significant step in the ongoing investigation and setting the stage for the next phase in the investigation. The vote was 232-196 and was the first time that the full House chamber took a vote related to the inquiry. The resolution passed largely on party lines. Two Democrats, Reps. Jeff Van Drew of New Jersey and Collin Peterson of Minnesota, split with their colleagues to vote against the resolution. No Republicans supported it. Independent Rep. Justin Amash of Michigan,…