Month: April 2022

Insecurity, inflation, low vaccination threaten Nigeria’s outlook, IMF warns

Insecurity, inflation, low vaccination threaten Nigeria’s outlook, IMF warns

Insists FX reform is necessary route to achieving stability‘Africa faces new shock, lack sufficient space for maneuvering’ The International Monetary Fund (IMF), yesterday, handed a mixed scorecard about Africa’s near-term economic outlook, saying there is limited or nonexistent fiscal space to maneuver the “new shock” triggered by the Ukraine war. The position was contained in…

Efforts to restart local manufacture of vaccines suffer setbacks

Efforts to restart local manufacture of vaccines suffer setbacks

Controversy shrouds initiative to begin local manufacture of vaccines Five years after, Nigeria’s quest to get its first set of locally manufactured vaccines is still a mirage. The Guardian investigation revealed that the firm floated to achieve this target, Biovaccines Nigeria Limited, has yet to complete building the state-of-the-art pharmaceutical manufacturing facility needed for the…

Southern Kaduna, Afenifere fault Senate on Terrorism Act Amendment Bill

Southern Kaduna, Afenifere fault Senate on Terrorism Act Amendment Bill

• Insecurity threatening our nation, could spell doom for Africa, says Speaker• End kidnapping, terrorism quickly by adopting three strategies, Afenifere tells FG Leaders of the Southern Kaduna Peoples Union (SOKAPU) have warned the National Assembly on the decision to outlaw payments of ransom to terrorists without any effort in rescuing kidnapped victims, even as…

Varsities strike: NLC threatens three-day nationwide action

Varsities strike: NLC threatens three-day nationwide action

Names Zamfara, Taraba, C’River as states yet to implement minimum wage Plans are underway by Nigeria Labour Congress (NLC) to stage a three-day national protest against the ongoing strike by university workers. The protest could, however, snowball into a nationwide down tool, if government’s inaction continues. A communique issued at the end of its Central…

NCC urges SMEs, varsities to embrace intellectual property systems

NCC urges SMEs, varsities to embrace intellectual property systems

U.S. commits to laying solid foundation for youths, innovation The Nigerian Copyright Commission (NCC) has said it will step up its campaign to help SMEs use the Intellectual Property (IP) system as a vehicle for selling their ideas to the world. In a statement to mark World Intellectual Property Day, yesterday, the Director-General of NCC,…

Ayade joins presidential race, to withdraw if Jonathan declares

Ayade joins presidential race, to withdraw if Jonathan declares

• PDP leaders decline to comment on Jonathan’s rumoured defection to APC• Don’t ignore calls to contest, you’re APC’s trump card, group charges Jonathan• Tambuwal meets Buhari, shuns newsmen after the visit• Buhari hosts APC leadership to break Ramadan fast• Tinubu absent, in S’Arabia for spiritual consultation• Bello pays N100m, to pick APC’s presidential form today•…

New APC guidelines give Amaechi, Ngige 72 hours to resign or forget 2023 ambition

New APC guidelines give Amaechi, Ngige 72 hours to resign or forget 2023 ambition

• 30-day limit for resignation cancels Malami’s governorship ambition in Kebbi A new guideline released by the leadership of All Progressives Congress (APC) yesterday has stipulated that all political appointees who aspire to participate in its primary elections at all levels must resign at least 30 days before the conduct of the primaries. The new guideline…

Sallah holidays: DSS alleges plot to bomb worship, recreation centres

Sallah holidays: DSS alleges plot to bomb worship, recreation centres

• CSOs petition U.S., UK over the delisting of Nigeria from the terrorism list Department of State Services (DSS), yesterday, disclosed a plot by criminal elements to bomb worship and relaxation centres during and after the Sallah holidays. A spokesperson for the secret agency, Peter Afunanya, in a statement, said there were already reported cases of…

OPC cautions Tinubu, Osinbajo, others against falling into Fulani’s bait

OPC cautions Tinubu, Osinbajo, others against falling into Fulani’s bait

The Oodua Peoples Congress (OPC), New Era, yesterday, cautioned the National Leader of All Progressives Congress (APC), Bola Tinubu; Vice President Yemi Osinbajo, Senator Ibikunle Amosun, Dr. Kayode Fayemi and others against being an instrument of destabilisation in the hands of the oligarchs in Yorubaland. National Publicity Secretary of the group, Sina Akinpelu, gave the…

Falana slams APC, PDP, others over nomination form fees

Falana slams APC, PDP, others over nomination form fees

• Says fees illegal, unconstitutional, highest globally• Accuses Buhari of abandoning fight against corruption A lawyer and human rights activist, Femi Falana (SAN), has faulted the nomination form fees imposed on aspirants by various political parties, describing same as illegal and unconstitutional. The legal icon said there was a subsisting judgment that any conditionality stipulated…

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