The Kano State Government has so far released more than N1.02 billion for girls’ education-related projects in its 2022 budget. The co-chair, Girl Education Partnership, Mairo Bello, made this known in Kano on Saturday, at the dissemination of the Kano State 2022 girl education budget performance with citizens and relevant stakeholders. The News Agency of Nigeria reports that the dissemination was supported by Partnership to Engage, Reform and Learn, a governance programme of the UK Foreign, Commonwealth and Development Office. Bello explained that while N868.6 million was released for girls’ specific budget lines, N155.5 million were released for both boys’…
Author: Elvis Eromosele
The United States of America (USA) has agreed to sell $1.1bn (£955m) in weaponry to Taiwan. The move is already provoking anger from China. The proposed deal includes a radar system to track incoming strikes and anti-ship and anti-air missiles. It comes after US House of Representatives Speaker Nancy Pelosi last month became the most senior US official in 25 years to visit Taipei. The Chinese embassy in Washington called on the US to revoke the deal or face “counter-measures”. Spokesman Liu Pengyu said the deal “severely jeopardises” relations between Washington and Beijing. “China will resolutely take legitimate and necessary…
The insurance industry in Nigeria says it would soon unveil a 10-year Strategic Plan to ensure the sustainable and rapid growth of the market going forward. Leaders of the industry, who revealed this following a session of the Insurers Committee meeting in Lagos, said the Strategic Plan will effectively codify the long-term aspirations of the industry. Mr. Segun Omosehin, the Vice-Chairman, Publicity Sub-Committee of the Insurers Committee said all the Associations in the industry have been asked to nominate their members who will constitute a committee that will take charge of drafting the document. According to him, “Today we deliberated…
OVER 50,000 cases of major destruction to telecom infrastructure and facilities have been reported across the country in the past five years, raising alarm over the implication of these incidents to the quality of telecommunications services in Nigeria. Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, who disclosed this at the 2022 edition of the Youth Civil Society and Stakeholders Summit (YCSSS), which took place midweek at the Army Resource Centre, Abuja, expressed worry over how the incidents have continued to affect the Quality of Experience, (QoE), of consumers, and called for concerted efforts by the…
Twitter Inc will launch a widely requested edit button for its paid subscribers in the coming weeks, the social media company said Thursday. For years, Twitter users have demanded the ability to edit their tweets after publishing in order to fix errors like typos. Those requests have led to jokes online that Twitter would rather introduce any other product, such as newsletters, before giving users their top-requested feature. Subscribers who pay $4.99 per month for Twitter Blue will soon be able to edit their tweets “a few times” within 30 minutes of publication, Twitter said in a blog post. Nearly…
The Lagos State Government has initiated an autonomous funding mechanism that will ensure that all three of Lagos State’s tertiary institutions are sustainable. Governor Babajide Sanwo-Olu, who announced this on Thursday, said that the Government will set up the Lagos State Tertiary Education Trust Fund, a move that will creatively revolutionise the model for the funding of tertiary education in the country. Sanwo-Olu made the announcement when he received members of the Visitation Panel to the Lagos State University (LASU) led by the former Vice-Chancellor of the University of Lagos (UNILAG), Prof. Abdulrahman Bello, at the State House, Marina. The…
Serena Williams, one of the biggest names in tennis, with 23 Grand slam titles, the highest in the open era is set to retire. Her rather impressive career spans almost three decades as she began playing when she was a teenager. In that time, she has made more than $350 million in endorsement deals taking her total earnings to $450 million. Serena shared her plans to retire in an essay she wrote for Vogue. She said she couldn’t talk about it with her husband or her family because of how heavy it weighed on her. Only sharing those thoughts with…
The Fiscal Responsibility Commission (FRC) with support from the International Monetary Fund (IMF) has set up a fiscal monitoring framework, a soft tool expected to help raise its oversight efficiency. The critical infrastructure which comes 15 years after the Commission’s establishment will no doubt relief staff who have had to carry out oversight roles with limited templates. A statement issued by Head of Strategic Communications, Bede Anyanwu, said the critical infrastructure was set up following approval by the Minister of Finance, Zainab Ahmed. The setup came into effect after two weeks of intensive training and engagement with the management and…
Employees who perpetrate fraud through stealing in the workplace have been labelled as “Workplace Rats” in a new book, which has just been released to the public. The book which admits that poor business models and financial management contribute to business failures specifically identified stealing as a major cause of bankruptcy in organisations. The book asserts that some employees and executives within the lowest and highest rung of the organizational ladder are pilfered, and often exploit any cavity within the system to generate unearned income for selfish ends. It refers to such employees as Workplace Rats. The book which reveals…
The Federal Government has proposed to borrow N11.3 trillion to fund the N19.76 trillion proposed 2023 budget. The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, disclosed this while presenting the 2023 to 2025 Medium Term Expenditure Framework (MTEF) and Fiscal Policy Paper (FSP) to the House of Representatives’ Committee on Finance chaired by Honourable Abiodun Faleke. According to her, the fiscal parameters for the year showed that oil production volume was pegged at 1.69mbpd, oil benchmark – $70 per barrel, exchange rate – N435.57/$; N8.501 trillion as total oil and gas revenue; N1.105 trillion as derivation; N7.396…