Tag: Nigeria

Health Journalists get emergency hazard funds from network

Abdul-Azeez Ahmed Kadir
Nigerian Health minister Pate

The Africa Health Budget Network (AHBN)has announced the launch of an Emergency andHazard Fund      dedicated tosupporting the Association ofNigeria Health Journalists (ANHeJ). Dr Aminu Magashi, Coordinator of AHBN, made the announcement during a roundtable with ANHeJ’s executive council in Abuja. Magashi explained that the fund aims to provide financial assistance to journalists facing personal emergencies or hazards while reporting on health-related issues. Acknowledging the risks and challenges encountered by health journalists, particularly during health emergencies, he emphasised the critical role these journalists play in disseminating accurate information to the public. He outlined the fund’s purpose as offering financial…

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Structural reform: Nigeria, 11 countries seek adequate, affordable financing

Abdul-Azeez Ahmed Kadir
structured trade finance

Nigeria and 11 other members of the African Consultative Group (ACG) have called for adequate and affordable financing to ensure that structural reform agendas produce the desired result. The members made this known at the end of their meeting with the International Monetary Fund (IMF) in Washington D.C. The ACG comprises the Fund Governors of a subset of 12 African countries belonging to the African Caucus (African finance ministers and central bank governors) and Fund management. In a joint statement issued on Friday, at the end of the meeting by the…

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Nigeria loses title as Africa’s largest economy, slips to 4th place – IMF

Aminu Imam
Lagos Marina

Nigeria’s economy has lost its title as the Africa’s largest economy as it slipped to fourth place behind South Africa, Egypt, and Algeria. This is according to a recent forecast by the International Monetary Fund, (IMF). Accordingly, the Washington-based bank World Economic Outlook estimates Nigeria’s gross domestic product at $253 billion based on current prices this year, lagging behind Algeria at $267 billion, Egypt at $348 billion, and South Africa at $373 billion. ?Africa’s most industrialised nation (South Africa) will remain the continent’s largest economy until Egypt reclaims the mantle…

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Economic Growth: Dangote partners Govt, advocates commitment to local content values

Abdul-Azeez Ahmed Kadir

As the 45th Kaduna International Trade Fairs progresses, the Dangote group said it is partnering Kaduna State Government for economic growth and development, while advocating for commitment to deepening local content values across various business sectors                                                                                      Hajiya Fatima Wali-Abdurrahman, representative of the group made this assertion in Kaduna at the trade fair complex, Kaduna-Zaria road. She stressed that the theme of this year’s Trade Fair, “Sustaining Economic Recovery Through Deepening Local Content Values,” resonates deeply with the vision and mission of the Dangote Group, and find it a pleasure…

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85 yrs after, Shell exits Nigeria’s on-shore oil sector

Aminu Imam

…Sells assets at $1.3bn After 85 years, British energy major, Shell Petroleum Development Corporation, (SPDC) has agreed to sell its Nigerian on-shore oil and gas subsidiary in Nigeria to a consortium of five, mostly local, companies for up to $2.4 billion. Active in the West African country since the 1930s, Shell has struggled for years with hundreds of oil spills at its on-shore operations as a result of theft, sabotage and operational issues, which led to costly repairs and high-profile lawsuits. Shell’s SPDC Ltd operates, and has a 30% stake…

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Cotonou Degree: Don’t be sad, they just helping us

Abdul-Azeez Ahmed Kadir

By; Professor Abdulmalek Amoka. I was reflecting on this Cotonou 6-week to 1-year degree program and I began to wonder why we are making so much noise about it. The good thing about the degree is that you need not travel there or write any examination. You just register and it will be couriered to you. Nigerians said degrees are useless and that “who e help”. They said we should go and learn welding and carpentry instead of going for a degree (skills rather than a degree).  Now, we are…

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Cotonou Degree Saga: The truth we shy away from

Abdul-Azeez Ahmed Kadir

By; Hashim Muhammad Suleiman  In all this Cotonou degree saga, like all crises, truth is the first casualty.  We are all up in the furore of few days degree certificates from Nigerian neigbours. Yet, we’ve all decided to shy away from the one and only truth that made those degree mills a reality. Successive governments in Nigeria have failed to fund university education in Nigeria.  If we are true to our pains, then we should all address the genesis of the problem: failure of governments in Nigeria to strengthen our…

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Why they said I collapsed – Akpabio

Abdul-Azeez Ahmed Kadir

President of Senate, Godswill Akpiabio, has faulted media reports on his alleged collapse at a colloquium marking his 61st birthday on Thursday. Akpabio said this at a news conference in Abuja on Friday. He said that he felt a bit uncomfortable at the colloquium, partly due to exhaustion, caused by stress.“I have been reading on the social media the propaganda about my collapse, but I’m happy the Senate Press Corps did not join in the show of propaganda.“I went home and I called my doctors and I was told that…

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World Bank N750 per litre advise to Nigeria shows it is an enemy of the people – NLC

Abdul-Azeez Ahmed Kadir

The Nigeria Labour Congress (NLC) has condemned the advice by the World Bank to the Federal Government to increase petrol prices to N750 per litre . Mr Joe Ajaero, NLC President, said this on Friday in Abuja in a statement, titled; “World Bank’s N750 per litre for premium motor spirit is a threat to Nigerians economy”. It would be recalled that the World Bank Lead Economist for Nigeria, Mr Alex Sienaert, offered the advice recently during a presentation of the Nigeria Development Update, Dec. 2023 edition. The economist had noted…

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“Africa, with Nigeria leading, can become world’s 1st green manufacturing hub”, Tinubu writes in CNN exclusive Op-Ed 

Aminu Imam

Hassan Umar Farouk President Bola Tinubu says African countries, including Nigeria, need partnerships for a new green economy, emphasising the efforts against climate change will only be successful through a cooperative approach. Writing in an Opinion-editorial (Op-Ed) article for the international broadcaster, CNN, the President said the security threats, the dislocation of people, the environmental atrophy and other collateral impacts of climate change were at the forefront of his mind during his participation at the COP28 World Climate Action Summit in Dubai, United Arab Emirates, (UAE). He said Nigeria has…

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