Development
Development
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FAO: Global food prices makes highest level ever leap in March
The Food and Agriculture Organisation (FAO), has announced the highest leap in the global food prices in March, with a 12.6 per cent increase. In the monthly report published on Friday, the FAO said the Food Price Index averaged 159.3 points in March, an increase of 17.9 points the highest since inception in 1990. The report said: “The latest increase…
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World Bank suspends Nigerian company, MD for corruption
The World Bank has suspended a Nigerian company SoftTech IT Solutions and Serviced and its Managing Director, Mr Isah Kantigi over corrupt practices. In a statement published on its website on Wednesday, World Bank said the IT company and its MD were slammed with a 50-month and 60-month debarment respectively for “corrupt practices as part of the National Social Safety Nets…
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Personal income tax has untapped potential in poorer countries – IMF
Many governments aiming to achieve a durable economic recovery from the pandemic must raise significant amounts of revenue in the fairest way possible. The personal income tax—levied on wages, salaries, and other income—is a suitable instrument for this challenge. In new research, we examine the scope for making greater use of this fiscal tool in developing countries, where many people…
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World Water Day: Group plans capacity building for young females in stem
As part of activities to commemorate 2022 World Water Day and International Women’s Day, the Network of Female Professionals in Water Supply, Sanitation and Hygiene (FEMinWASH) said it would launch a national program to build the capacity of younger women in the stem-related areas. The program, according to the President of the Network, Dr. Bolu Onabolu, would be launched on…
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Aisha Buhari calls for paradigm shift in aid to local communities
Nigeria’s First Lady, Aisha Buhari, has appealed for a new approach from donor-dictated humanitarian and development aid, to a needs-driven and community centered model for the benefit of vulnerable populations. She made the call in a keynote address at the 18th Dubai International Humanitarian & Development Aid Conference & Exhibition (DIHAD) on Tuesday. She announced the achievement of life-changing milestones…
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Osun govt releases another N927million for payment of pensions
By Deborah Oladejo, Osogbo Osun State Governor, Mr. Gboyega Oyetola, has approved the immediate release of N927million for the payment of pensions of retirees in the state. Out of the amount, N877m will be used for the settlement of bonds of retired primary school teachers, local government workers and retired civil servants who are under the Contributory Pension Scheme while…
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FG asks tech giants, Google, Apple to deactivate illegal online banks, loan apps
The Federal Competition and Consumer Protection Commission (FCCPC) has ordered Google LLC (Play Store) and Apple Inc. (Apple Store) to deactivate unauthorised online banks and loan applications operating in Nigeria. The Federal Government agency asked the tech giants to delete the applications where evidence has established inappropriate conduct or use of the application in violation of the rights of consumers.…
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Doctors without Borders working for humanity, says Aisha Buhari
Nigeria’s First Lady, Aisha Buhari, has praised Doctors without Borders also known as Medecins Sans Frontieres for their efforts in reducing maternal and child mortality in Nigeria. Mrs Buhari was speaking in Abuja on Monday, when she received them in her office. The first lady was represented by Senior Special Assistant to the President on Administration and Women Affairs, Dr.…
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Tackle desertification problem in Nigeria, Buhari directs key MDAs
President Muhammadu Buhari has directed collaboration between Ministries of Environment, Water Resources, Agriculture and Rural Development, Power, and all other relevant stakeholders in combating desertification in Nigeria. The President spoke Thursday in Nairobi, Kenya, during a sideline meeting with Mr. Ibrahim Thiaw, Executive Secretary of the United Nations Convention to Combat Desertification (UNCCD). President Buhari, who was attending the Special…
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Italy hands over multi-hazard early warning situation room to African Union
The facilities for the Africa Multi-hazard Early Warning and Early Action Systems (AMHEWAS) Situation Room for disaster risk reduction have been handed over to the African Union Commission (AUC) by the Government of Italy. The event took place recently at the AU Compound in Addis Ababa, Ethiopia. The AUC, through the Disaster Risk Reduction (DRR) Technical Coordinator Gatkuoth Kai, expressed…
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