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Today’s News from Nigeria-May 16, 2021

Today’s News from Nigeria-May 16, 2021

Buhari heads to France today

  • President Muhammadu Buhari is said to leave Nigeria for France on Sunday 16th of May 2021 in order to attend the African Financial Summit in France.
  • According to a statement released by the President’s media aide, Bashir Ahmed via his verified Twitter account, the President will spend four days in France and meet with the President of the host country Emmanuel Macron.
  • Geoffrey Onyeama, Minister of Foreign Affairs; Zainab Ahmed, Minister of Budget and National Planning; Otunba Adebayo, Minister of Trade and Investment; and Osagie Ehanire, Minister of Health are expected to be in the president’s entourage. Babagana Monguno, National Security Adviser, and Ahmed Abubakar, Director-General of National Intelligence Agency are also expected to be part of the trip.

 Senate tells Buhari to employ more port health workers 

21,798 Healthcare worker Vectors, Royalty-free Vector Healthcare worker  Images | Depositphotos®
  • The senate has asked the President Muhammadu Buhari to direct the Ministry of Health to deploy more health workers to the various ports across the country so as to to avert the third wave of COVID-19 which is currently ravaging some countries.
  • This is according to the Chairman, Senate Committee on Public Healthcare and Communicable Diseases, Senator Chukwuka Utazi in an interview on Friday.
  • He said efforts should not be focused mainly on the airports while looking out for passengers arriving from India because many of them could come through the seaports.
  • The Senator said unless the seaports and airports were adequately manned with trained health workers, the latest Coronavirus variant from India might deal a devastating blow to Nigeria.

Source:Punch Newspaper 

Ex-militants issue protest notice to Amnesty office

Amnesty Office Owing Contractors N71.4bn Says Dikio - TheNigeriaLawyer
Col. Milland Dixon Dikio
  • Leaders of the Phase 3 of the Presidential Amnesty programme, have given May 18, 2021, as deadline for Col. Milland Dixon Dikio, the Presidential Amnesty Interim Administrator, to convey an emergency stakeholders meeting to address issues affecting them.
  • The agitators, from  the six  states of the  Niger Delta region, after a well attended meeting held in Warri, Delta State, said the call for the meeting has become necessary to address what they called “critical issues of verification” to ensure that the Amnesty office only deals with the  authentic leaders of the programme.
  • The group in a statement, demanded  that  the administrator should  immediately commence the  Leaders Training and Empowerment and the approval of slots for “their boys”.

Source: Vanguard Newspaper 

Contributory pension returns to growth path, gains N92bn

Rebuildingsociety MD expects “modest profit” in 2020 | Peer2Peer Finance  News
  • The Contributory Pension Scheme that lost some funds in recent months has returned to a growth path, gaining N92bn in March. According to the latest figures, the funds which ended February at N12.248tn rose to N12.34tn as of the end of March.
  • The assets, which had been the fastest growing funds in the economy, lost N7bn in January and another N52bn in February.
  • According to the figures, N8.5tn of the funds was invested in Federal Government’s Securities in March. Other investment portfolios where the funds were invested included domestic and foreign ordinary shares; corporate debt securities comprising of corporate bonds, corporate infrastructure bonds, corporate green bonds and supra-national bonds.

Source:Punch Newspaper 

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