The Federal Government has approved N13 billion as intervention fund for pest control in 12 northern states, to reduce the effects of COVID-19 on the nation’s food sector.The 12 `frontline’ states, to benefit from the fund are Sokoto, Kebbi, Zamfara, Katsina, Kano, Jigawa, Bauchi, Gombe, Adamawa, Taraba, Yobe and the Borno States.The Federal Ministry of Agriculture and Rural Development made the disclosure in a statement issued on Saturday.The Minister, Alhaji Muhammad Nanono, said that the intervention fund was to ensure uninterrupted agricultural activities during the 2020 farming season in the states.He explained that the fund would also be used to control trans-boundary pests and minimise the impact of COVID – 19 as well as guarantee nutritional and national food security.
The Nigerian Electricity Regulatory Commission (NERC) has directed the electricity Distribution Companies (DisCos) not to increase tariffs of customers enjoying less than 12 hours of daily power supply. The NERC Commissioner, Legal Licensing and Compliance, Dafe Akpeneye, on Friday, September 11, gave the directive during the agency’s town hall meeting with customers on the new […]
Presidential spokesman, Femi Adesina, in a radio interview on Sunday, said there is nothing wrong in taking more loans to finance specific projects in the country. “Don’t forget that the International Monetary Fund (IMF) came out to say that Nigeria’s economy has the capacity to absorb more loans and that Nigeria is taking below what […]
The World Bank has approved a $750 million loan to the Federal government which is to be used to improve electricity supply in the country. In a statement released today Wednesday, June 24, the World Bank said the loan is for the power sector recovery operation (PSRO) to achieve financial sustainability and enhance accountability in […]