Angered by the revelation that Nigeria’s sovereignty would be allegedly threatened by some clauses in a loan being sought by the Country from China, Nigerians have berated the Honourable Minister of Transportation, His Excellency, Mr. Rotimi Amaechi.
A cross section of Nigerians on social media have been pouring out their grievances which followed the revelation by the House of Representatives, alleging that Nigeria’s sovereignty had been signed off on clauses of agreement to secure a USD500 million loan from China in 2018.
Meanwhile, the Minister of Transportation, Mr Rotimi Amaechi, who appeared before the House, said that the ongoing investigations of loans taken by the Federal Government is capable of sending wrong signals to the lenders, and cause foreign partners to withdraw such loan facilities which would have a negative effect on Nigeria’s infrastructural development.
News In Brief: Federal Government releases School examinations timetable
The Federal Government has released a comprehensive schedule for various national examinations for exit classes, including Junior Secondary School 3 and Senior Secondary School 3. The examinations are to hold from August 17 to November 18. The exams include NECO’s SSCE, Basic Education Certificate Examination(BECE), National Common Entrance Examination (NCEE) and the National Board for Arabic and Islamic Studies (NBAIS) examination.
President Buhari to observe Eid El-Kabir prayers at home
A statement by the Presidency today, has it that President Muhammadu Buhari will observe the Eid El-Kabir prayers with his family at home, just as he did during the Eid El-Fitr a little over two months ago. This, it said, was in line with “advisories from the Nigerian Supreme Council for Islamic Affairs, NSCIA and the Presidential Task Force (PTF) on COVID-19.”
NSITF claims property seized from ex-Chairman, Ngozi
The Nigeria Social Insurance Trust Fund (NSITF) has claimed the ownership of the 46 properties seized from its former chairman, Ngozi Olejeme, by the Economic and Financial Crimes Commission (EFCC).
Report has it that the 46 properties, including houses and parcels of land, are located in states such as Bayelsa, Delta, Edo and Abuja.
Nigerians hail Lagos Smart Meter Initiative
The hashtag is trending on Twitter basically to create awareness about the Smart Meter Hackathon Press Conference billed for Thursday July 30th, 2020. A cross section of Nigerians expressed optimism that the conference, which is organize by the Lagos State Ministry of Energy and Mineral Resources, will among other things, address the issues surrounding meter distribution, a factor many believe, prevents the supply of constant electricity, and also causes significant revenue leakage that affects the trust the people have in the system.
Presidential Power Initiative: FEC approves payment of €15.21m and N1.708 billion
The Federal Executive Council today approved payment of €15.21m and N1.708 billion towards the counterpart funding for the Presidential Power Initiative, a power upgrade and modernization programme between the Nigerian Government and Siemens AG of Germany, with the support of the German Government.
Many Nigerians who reacted to the news on social media commended the Federal Government, while some urged govt to ensure that the initiative does not only end on the pages of newspapers.
NDDC SAGA: Sen Urhoghide
Senator Matthew Urhoghide has denied claims he was awarded contracts by the Niger Delta Development Commission (NDDC).
The Minister of Niger Delta Affairs, Godswill Akpabio had named him as one of the lawmakers involved in the NDDC saga, alleging he was awarded 6 contracts. But the lawnmaker denied the allegation, calling it a wicked lie.