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Nigerian manufacturers unable to access CBN's $2.6bn Covid-19 import substitution fund

MANUFACTURERS have lamented the fact that they are unable to access the Central Bank of Nigeria's (CBN) N1trn ($2.6bn) Covid-19 Stimulus for Manufacturing and Import Substitution Fund floated to enable them get over the economic impact of the pandemic.

 

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NFF president Amaju Pinnick elected by a landslide to Fifa's executive council at Caf summit

NIGERIAN Football Federation (NFF) president Amaju Pinnick coasted to victory in recent elections into the Fifa executive council beating Malawian football association president Walter Nyamilandu by 43 votes to eight in a landslide win.

 

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If we restructured Nigeria today and got 100% resource control, the first thing we would have to do is develop Lagos into a global financial centre so it can power the economies of all the other states 


Ayo Akinfe 

(1) Today, Lagos is the only state in Nigeria that can survive without federal allocation and crude oil receipts but alas, it is nowhere near uhuru. For all its dynamism and vibrancy, Lagos is nowhere near other global financial  centres like New York, Tokyo, London, Frankfurt, Kuala Lumpur and Sao Paulo 

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Ex-Plateau State governor Joshua Dariye to serve 10 years after Supreme Court upholds his conviction

FORMER Plateau State governor Senator Joshua Dariye is to spend the next 10 years in prison after the Supreme Court affirmed his conviction for corruption in a case brought against him by the Economic and Financial Crimes Commission (EFCC).

 

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New service chiefs cannot find weapons for which huge sums were allocated for their purchase

NIGERIA'S recently-replaced service chiefs have been accused of being unable to account for sums of money handed to them to purchase weapons for the armed forces by the national security adviser Retired Major General Babagana Monguno.

 

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Rochas Okorocha confident that he will elected as Nigeria's next president come 2023

FORMER Imo State governor Senator Rochas Okorocha has boasted that he will succeed President Muhammadu Buhari after the 2023 presidential elections saying he is confident of emerging victorious this time around.

 

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Security operatives foil mass abduction at Kaduna school rescuing 180 of 210 kidnapped pupils

NIGERIAN security forces have managed to rescue about 180 of the 210 staff and pupils abducted from the Federal College of Forestry Mechanisation in Kaduna State yesterday following a joint operation by military and police operatives.

 

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Fulham plan to offer Aina, Lookman and Maja permanent deals if they avoid relegation

ENGLISH Premier League side Fulham is planning to sign Super Eagles duo Ola Aina and Josh Maja alongside compatriot Ademola Lookman permanently at the end of the season so long as the club manages to avoid relegation and remain in the elite division.

 

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In my 42-state Nigeria where resource control is the order of the day, these 10 would be my cash cows with each generating at least $150bn a year

Ayo Akinfe

[1] Lagos State: Our commercial capital currently accounts for about one quarter of Nigeria's gross domestic product (GDP) and one third of non-oil GDP. However, we need to built on it and turn it into an international financial centre that matches London which generates $650bn a year or New York which generates $1.4trn a year.

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NLC threatens showdown as governors seek to move minimum wage to concurrent list

NIGERIA Labour Congress (NLC) officials have dubbed nine state governors anti-worker for refusing to start paying the new minimum wage and have vowed to take industrial action should it be removed from the federal exclusive list.

 

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