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Finance Minister Leads Nigerian Team to IMF And World Bank

Finance Minister Leads Nigerian Team to IMF And World Bank

October 14, 2019 7:29 am

The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed is leading Nigeria’s delegation to the 2019 annual meetings of the International Monetary Fund (IMF) and World Bank billed to commence today in Washington DC, United States of America.

The week-long events, which run between October 14 and 20, will attract global players from the public and private sectors where issues ranging from economy, finance, trade, environment, climate change and other global socio-economic challenges are discussed.

The Nigerian delegation at the global event also features top government functionaries, including the Governor of the Central Bank of Nigeria (CBN), …

Ethiopia Prime Minister Abiy Wins Nobel Peace Prize

Ethiopia Prime Minister Abiy Wins Nobel Peace Prize

October 11, 2019 9:26 am

The 2019 Nobel Peace Prize has been awarded to Ethiopian Prime Minister Abiy Ahmed who made peace last year with bitter foe Eritrea. He was awarded the prize for his efforts to “achieve peace and international cooperation”. Mr Abiy’s peace deal with Eritrea ended a 20-year military stalemate following their 1998-2000 border war.

He was named as the winner of the 100th Nobel Peace Prize in Oslo, where he will receive the award in December. It is worth some nine million Swedish crowns (about £730,000; $900,000).

Following the announcement, Mr Abiy said he was “humbled and thrilled”.

“Thank you very …

Minister tasks Nigerian professors to be innovative

Minister tasks Nigerian professors to be innovative

September 26, 2019 12:01 am

The Minister of State for Education, Hon Chukwuemeka Nwajiuba has tasked Nigerian professors to be innovative in their fields of endeavour to assist the Federal Government achieve the Sustainable Development Goals (SDGs) target of 2030.

Nwajiuba gave the task in Abuja at the opening of 1st International Conference of the Faculty of Education, National Open University of Nigeria (NOUN).

He noted that the 21st century was experiencing revolution in many areas with increased recognition of technology and as such the need for Nigerian professors to key into the opportunity to broaden the scope of the Millennium Development Goals (MDGs) that

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Prof Okonjo, Ex-minister Okonjo-Iweala’s father, dies at 91

Prof Okonjo, Ex-minister Okonjo-Iweala’s father, dies at 91

September 13, 2019 10:40 pm

His Royal Majesty, Professor Chukwuka Okonjo, Obi of Ogwashi-Uku Kingdom in Aniocha South Local Government Area, Delta State, has joined his ancestors.

Obi Chukwuka Okonjo, who ascended the throne as the traditional ruler of Ogwashi-Uku in 2007, passed away recently in the United States of America (USA) at the age of 91.

The renowned professor of mathematics and father of former Nigerian finance minister, Dr Ngozi Okonjo-Iweala, was also an astute education administrator and prolific author of many mathematics and general science books.

He was also an activist of the Academic Staff Union of Universities (ASUU) in Nigeria.

Secretary …

We can’t stop xenophobic attacks, says South African defence minister

We can’t stop xenophobic attacks, says S. African minister

September 9, 2019 11:21 am

Nosiviwe Mapisa-Nqakula, South Africa’s Defence Minister said on Monday that the attacks against foreigners in South Africa were planned by criminals and that government can’t prevent it.

Mapisa-Nqakula who said this in an interview with eNCA, a local channel described South Africa as an angry nation and insisted that the government can’t prevent the ongoing violence.

“The reality is that we have an angry nation. What’s happening can never be prevented by any government,” she said.

According to her the death of two people during a clash in Johannesburg CBD on Sunday Sept. 8, could have been avoided but that …

British PM vows to pursue Brexit deal after new blow

British PM appoints Nigerian as children’s minister

July 30, 2019 6:05 am

Britain’s Prime Minister Boris Johnson, has appointed Olukemi Olufunto Badenoch, aged 39, as Children and Families Minister, as part of his government reshuffle. Badenoch is a British Conservative politician and Member of Parliament (MP) for Saffron Walden.

She was born in Wimbledon, London to Nigerian parents. Her childhood was spent in Lagos and the United States. She moved to the United Kingdom at the age of 16. She has been the MP for Saffron Walden since 2017 after replacing Nadhim Zawahi.

She once told MPs in Parliament about her own experiences of poverty and how she used to do …

Senate orders minister to return ₦14.3b to treasury

April 30, 2019 4:33 am

•Warehousing of fund followed due process, NEPZA boss insists
The Senate has ordered the Minister of Industry, Trade and Investment, Okechukwu Enelamah, and the Acting Managing Director of the Nigeria Export Processing Zones Authority (NEPZA), Terhemba Nongo, to immediately return N14.3 billion of the agency’s 2017 budget votes to the treasury.

A letter by the chairman of its Committee on Trade and Investment, Mohammed Nakudu Sabo (APC Jigawa South West) threatened a “serious legislative action” in the event of non-compliance.

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Communication minister vows to appeal judgment against APC

April 13, 2019 1:31 pm

The Minister of Communication, Adebayo Shittu, has vowed to appeal against the high court judgment which struck out the suit he filed against the All Progressives Congress (APC).

The Minister had dragged the party to court for barring him from participating in the governorship primary due to his non-participation in the mandatory one-year national service of the National Youths Service Corps (NYSC) after he graduated from the university.

The Federal High Court, Ibadan, on Friday, struck out the suit for filing it after the expiration of the 14 days stipulated by the law.

But shittu, who phoned into Southwest Political …

Ex-minister, Kema Chikwe, hubby celebrate marital bliss

April 13, 2019 12:19 am
Chief Kema Chikwe, the former minister of Transport, and then Aviation, during former President Olusegun Obasanjo’s administration, is over the moon at moment.

The ex-envoy to the Republic of Ireland and her hubby, Eze Herbert, were thankful to God on Monday, April 8, as they celebrated their golden wedding anniversary. To celebrate the day, the couple had a thanksgiving service before hosting a dinner to mark the golden jubilee of their union.

The 72-year-old mother of Nigerian rapper, Naeto C, is a career woman who has been involved in quite a number of non-governmental organisations, whose foray into politics in

…

Why IBB dropped me as Information Minister – Sam Oyovbaire

April 5, 2019 6:40 pm

Former Minister of Information and Culture, Prof. Sam Oyovbaire is an academic and political figure held in high esteem, particularly in Delta, his home state. But all that would not have been without mom’s insistence that young Sam must go to school. With the push from mom, he recalled, he later realised how important it was for him to succeed even as a very young man. Now he recalls with nostalgia such issues as how his wife was packaged to him in the UK, the intrigues that culminated in his exit as the Minister of Information and Culture and his …

Minister allays fears over 2019 budget oil price benchmark

March 27, 2019 5:51 pm

The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, on Wednesday in Abuja allayed fears over the oil price benchmark for the 2019 budget.

There have been concerns by stakeholders that the 60-dollars-per-barrel projection was too ambitious considering the volatility of the international crude market.

But Udoma told a National Assembly joint committee hearing on the 2019 Appropriation Bill that there was no cause of alarm.

“I know that when the budget was submitted, and we had an assumption of oil price of 60 dollars, there were concerns raised as to whether that projection was not too ambitious.…

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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