Breaking News in Nigeria Today Sunday 17th May 2020
Here are some of the Breaking News in Nigeria Today Sunday 17th May 2020 on some of the nation newspapers .
Read also
Ambassador Gambari: The man of the moment
F ew weeks after the death of Mallam Abba Kyari, who died on April 17, 2020, threw the position of Chief of Staff to President Muhammadu Buhari vacant, the position he occupied until his demise, there was intense politicking and scheming over who fills the vacuum created by his exit. Apparently, the position was up for grabs for many schemers who envied the office, especially the President’s close friends and political associates, but this time around, the President is not blinded by the politics of close associates or nepotism,…
Oil market improving amid sharp drop in production, says IEA
W orld oil production is on track for a “historic decline” this month to the lowest level in nine years as prices set to rise amid improving demand, the International Energy Agency (IEA) said in a monthly report. OPEC and its partners are slashing output, while others like the U.S. are forced to scale back drilling. “It is on the supply side where market forces have demonstrated their power and shown that the pain of lower prices affects all producers,” said the Paris-based agency, which advises major economies.…
Niger State, COVID-19 and competence amidst security challenges
T he ultimate measure of good governance is in the protection and advancement of the wellbeing of the people. In validating leadership responsibility, the former United States President, Harry S. Truman once said, “Buck stops here!” This goes to show leadership responsibility and pro-activeness, which has been overwhelmingly demonstrated by the Niger State Governor, Abubakar Sani Bello in the handling of the COVID-19 pandemic. Like President John Fitzgerald Kennedy did during the Cuba Missile Crisis of 1962, Governor Sani Bello has adopted continuous engagements in ensuring that the…
Consensus candidate disuniting APC’s Unity Forum
Unity Forum, a factional group within the Ondo State chapter of the All Progressives Congress (APC) has for a while been engulfed in crises over the choice of the aspirant that will battle the incumbent Governor Oluwarotimi Akeredolu for the party’s ticket. ADEWALE MOMOH writes on the protracted issues surrounding the group as well as the imbroglio caused by the recent emergence of Chief Olusola Oke as the forum’s consensus candidate T he seeming intractable crisis rocking the factional group of the ruling All Progressives Congress (APC), Unity…
Price of beauty
Though he had escaped from Debola and her mother, Jay knew he was in deep shit. Debola would go for his jugular. Her mother wanted him out of that space. He knew it; Debola knew also. He knew it would be difficult for Debola to convince her mother that he was up to any good thing. That made things easier for him on that front. No mother would want her daughter to be yoked with a jobless, not-too-young man. He smiled. Why would Debola think of tying him…
Jumia posts 7% Q1 revenue loss, hopes for lockdown boost
S truggling e-commerce platform Jumia Technologies reported an almost 7 per cent fall in first quarter revenue due to supply chain disruptions, particularly in China, but saw lower cash burn and signs that lockdowns were hastening a shift towards online shopping in Africa. Jumia was the first Africa-focused tech start-up to go public on the New York Stock Exchange and reached a market capitalisation of over $1.5 billion just days after it listed last April. But the company has struggled to find its way, and its…
Reps and govs’ fight over Infectious Diseases Bill
Disagreement over the propriety or otherwise of the Infectious Diseases Bill has continued unabated. PHILIP NYAM looks at the exchange of words between members of the House of Representatives and the Nigeria Governors Forum N o bill has generated so much controversy in recent times such as what has come to be known by many Nigerians as the NCDC Bill. It is titled: “a bill for act to repeal the Quarantine act and enact the Control of infectious diseases act, make provisions relating to Quarantine and make regulations…
COVID-19 explosion likely if we are not careful, says Abonta
The Federal Government recently proposed some amendments to the 2020 Budget following the crash of oil prices on the international market as a result of the impact of COVID-19. In this interview, a former Chairman, House Committee on Public Petitions, Hon. Uzoma Abonta tells ONWUKA NZESHI that the impact of the pandemic on the budget could have been minimised if the National Assembly had been more painstaking in the passage of the budget earlier in the year You’re one of those who kicked against the Infectious Disease Bill…
COVID-19 takes toll on Nigerian diaspora remittances –Report
T he COVID-19 pandemic has put Nigeria’s second-largest revenue source at risk, an analysis by SBM Intelligence has shown. Diaspora remittances from citizens living overseas have formed a major part of Nigeria’s forex earnings; even higher than tax revenue. This is, however, second to revenue realised from selling crude oil which is Nigeria’s main source of forex earnings. Lockdowns imposed across the world to control the spread of the coronavirus have affected many jobs with 36.5 million Americans filing for unemployment claims in the past…
Ekiti slashes 2020 budget to N91.1bn
In consideration of the current economic downtown precipitated by fall in crude oil prices on the international market, the Ekiti State government has to slashed the 2020 budget from the initial N124.5billion to N91.128billion. According to the state government a fall in revenue allocation to Ekiti from the Federation Account became imperative due to the decline in the global oil prices, the revenue fall , the government said brought the reduction of the initial budgetary status by a sum of N33 billion A statement on Saturday by the Commissioner…
Read also
You can also check
