The Executive Governor of Ogun State, Senator Dapo Abiodun has presented the 2021 financial budget before the Ogun State House of Assembly. The governor presented a budget of N339 billion for the 2021 fiscal year. The budget, presented by the Governor, is N110.974 billion, below the 2020 proposed financial budget of N449.974 billion. The Governor stated that the 2021 Appropriation Bill is tagged “Budget of Recovery and Sustainability”, because it features key sectors and budgetary allocations for rapid development of the State. He noted that he investment focus of his government is to gradually bridge the gap in infrastructure and…
Author: Adebimpe A.
The National Agency for Food and Drug Administration and Control has announced to the general public that it has received information from the China Food and Drug Administration against regular consumption of Swiss Alpine Green Tea manufactured by Bio Suisse, Switzerland. NAFDAC stated that the reason for the warning is because of the high phenolphthalein and hydro-alcoholic content in the product which is capable to cause gastrointestinal irritation, nausea, vomiting, diarrhea and other adverse reactions. According to the NAFDAC, Swiss Alpine Herbs Green Tea is manufactured by Biosuisse, Switzerland. NAFDAC has therefore charged consumers to be cautious in the consumption…
The National Agency for Food and Drug Administration and Control has warned the general public against taking more than the recommended doses of diphenhydramine (Benadryl); an allergy medicine. NAFDAC stated that the continuous taking of an overdose of the drug, is capable to cause serious heart problems, seizures, coma, or even death. According to NAFDAC, a tiktok video is currently trending, which is advising people to take an overdose of diphenhydramine. The tiktok video is tagged ‘Benadryl Challenge’. NAFDAC further stated that Diphenhydramine is is used to temporarily reduce symptoms of hay fever, upper respiratory allergies, or the common cold,…
The Manufacturers Association of Nigeria has identified the continued closure of Nigeria land borders as a threat to the Nation’ economy. The NMA said this through it’s national President, Mr Mansur Ahmed who reiterated that the land borders need to be urgently reopened and the re-establishment of the normal protocol and normal trade treaties. Recall that the border was closed in August 2019 and that the Minister of Finance, Budget and National Planning, Zainab Ahmed, recently stated the possibility of reopening the nation’ land borders. In his words, the continued closure of land borders may affect manufacturers who export their…
Following the finalization of the bilateral agreement between the Nigeria- Germany government, the Minister of State For Budget and National Planning, Prince Clem Ikanade Agba, has today commended the German government for its commitment towards the affairs of Nigeria. The Minister described the cooperation between the governments of Nigeria and Germany as one based on mutual trust, respect and understanding. The Minister stated that the bilateral agreement is to address key issues like sustainable supply chains, health and family policy, technology transfer and strengthen private investment with a view to eradicate hunger and poverty. Princ Clem noted that the reform…
The “EatSafe:Evidence & Action Towards Safe, Nutritious Food in Nigeria” initiative was today launched. The programme which had in attendance the Honourable Minister of Health, Dr Ehanire, was launched by the Global Alliance for Improved Nutrition (GAIN). Dr Ehanire commended the Global Alliance for Improved Nutrition (GAIN), for their transformative work in ensuring that safe & nutritious foods are sold across the country. The Honourable Minister stated that he is impressed at the project which is initiated to support the drive for safe & nutritious foods in the country. He as well thanked United States Agency International Development for funding…
In the just concluded 2020 Banker’s Bank of the Year awards 2020, Zenith Bank Plc has emerged as ‘Bank of the Year’ in Nigeria. The Banker Magazine and The Banker, Financial Times Group,announced this yesterday during awards ceremony which took place online. The awards was given subject to each banks’ capacity in delivering returns, and serve their customers well. This award is an addition to the awards the bank have earlier received; Zenith Bank have earlier been honoured as the Most Valuable Banking Brand in Nigeria and the Number One Bank in Nigeria an award which was granted by Tier-1…
The Nigerian Stock Exchange has today charged all brokers and dealers to comply with the ambits of Rule 56 (1&2) (c) of the Rules and Regulations of the Securities and Exchange Commission. The rule no 56 mandates all registered brokers/dealers to disclose to the Commission any dealings starting from 500,000 units in a Security which is carried out in a single or multiple deal. This however applies to single/multiple deals effected by brokers or dealers on the same day on behalf of his clients within the space of 24 hours after the execution of the deal. The Nigerian Stock Exchange…
The Federal Executive Council have approved a sum of N117 billion for rehabilitation of major roads in Nigeria. The bill for the rehabilitation of major roads was approved during the FEC meeting yesterday. The bill for the rehabilitation of major roads was presented among two other bills. A sum of #18, 923,846,198.47 is budgeted to be spent on the first set of roads. The first set of roads to be rehabilitated are kano, jigawa and katsina linking roads, Omo-Umulokpa road, Oye-Oranta road in Anambra state, Okpoko bridge along Benue-Cross River road, Nkumi bridge linking Abia and Enugu States, and Challawa-Nunku…
The President of the Nigerian Medical Association (NMA), Prof Dr Innocent Ujah accompanied by officials of the NMA reportedly paid a courtesy visit yesterday’ to the Speaker, of the Federal House of Representatives, Honourable Femi Gbajabiamila. Professor Ujah thanked the Speaker for his unrelenting support to the Nigerian Medical Association and the medical profession. He as well commended the Chairman;Committee on Health Care Services, Hon Dr Tanko Yusuf Sununu for his support. While speaking the NMA Preident stressed the need to improve health system in the country and the role of the association in collaborating with the government to contain…