Development
Development
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WTO, FAO joint statement on global food crisis
Director General, Food and Agriculture Organization (FAO), Qu Dongyu, International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, World Bank Group (WBG) President, David Malpass, World Food Programme (WFP) Executive Director, David Beasley and World Trade Organization (WTO) Director General, Ngozi Okonjo-Iweala have issued a joint statement calling for urgent action to address the global food security crisis. The statement said:…
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Osinbajo meets envoys of G-7 nations, others on Net-zero emissions plan
A Pan-African position articulated and promoted by leaders of the continent on the global Net-zero emissions target by 2050-2060 will further advance the quest for a just energy transition, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo stated this on Friday at a meeting with diplomats from the G-7 countries comprising the United States, United Kingdom, Germany, Canada, France,…
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Africa Anti-Corruption Day: Buhari seeks International Anti-Corruption court
President Muhammadu Buhari has called for the establishment of an International Anti-Corruption court to try offenders, while urging African leaders to intensify the fight against corruption, and create more disincentives for pilfering of public funds. In his recorded remark to celebrate the African Day of Anti-Corruption, the President praised African leaders for gains so far recorded, admonishing that efforts must…
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PwC report identifies areas of mutual strengths for India, Nigeria
PricewaterhouseCoopers (PwC) recently released a report, pointing out areas Nigeria and India, can benefit from each other’s growing population. In the report titled ‘Nigeria-India: Learning from two large democracies’ PWC pointed out that by the year 2100, India and Nigeria could be the two most populous countries in the world. The report said both countries can use this to their…
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Afreximbank renews $1bn facility to operationalise AfCFTA adjustment funds
The Board of Directors of African Export-Import Bank (Afreximbank) has renewed their approval of a US$1 billion facility to operationalise the African Continental Free Trade Agreement (AfCFTA) Adjustment Funds. According to a statement, the decision was taken at the board’s 134th meeting held on June 13, 2022. It also approved a Grant Funding of US$10 million to seed the Base Fund…
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LIRS optimizes payment procedure on eTax for taxpayers
The Lagos State Internal Revenue Service (LIRS) is currently optimizing its payment procedures for utmost efficiency and taxpayers’ convenience.Executive Chairman of LIRS, Mr Ayodele Subair, in a statement issued on Sunday, said the Agency, as part of its digitalization process, is discontinuing all previously used bill references effective from August 1st, 2022.Consequently, according to the chairman, only the Enterprise Tax…
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Nigeria highlights plans to tackle plastic pollution at UN Ocean Conference
Nigeria has pledged its commitment to an international legally binding instrument to reduce the menace of marine plastic pollution from land-based sources and activities.President Muhammadu Buhari gave the assurance in a statement delivered on his behalf by the Minister of State for Environment, Sharon Ikeazor, at the 2022 UN Ocean Conference, in Lisbon, Portugal.Highlighting Nigeria’s effort at ensuring the health…
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Lagos seeks $600m annual investment to make drinking water available
Governor Babajide Sanwo-Olu of Lagos State, on Thursday said the state government is committed to protecting its water resources in order to make portable clean water available and accessible for Lagosians. He said the goal of his administration to unlock a new wave of investments in Nigeria’s water supply, sanitation and hygiene (WASH) sector, is primarily to deliver potable water…
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Lagos develops guidelines on safe, lawful abortion
The Lagos State Government has developed a policy document on safe termination of pregnancy toward guiding healthcare professionals to provide safe and lawful abortion services in the state. Olusegun Ogboye, Permanent Secretary, Lagos State Ministry of Health, said this at a stakeholders’ meeting to launch the document on Tuesday in Lagos. Mr Ogboye said this in a statement by Tunbosun…
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Nigeria loses 30,000 lives to tobacco related illnesses annually – WHO
The World Health Organisation (WHO) says about 30,000 Nigerians die every year from illnesses caused by tobacco. WHO Country Representative, Dr. Walter Molumbo made this known at the 2022 World No Tobacco Day held in Abuja on Tuesday. He described tobacco as a silent killer which manifests through cancer, chronic respiratory diseases and other ailments. “Close to 30,000 lives are…
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