Nigeria signs $523,823 technical assistant agreement grant with Islamic devt bank

Nigeria signs $523,823 technical assistant agreement grant with Islamic devt bank - Minister

- Federal government has signed N185,957,165 million technical assistant agreement grant with the Islamic Development Bank group in Marrakesh, Morocco

- According to minister of finance, Zainab Ahmed, the agreement grants would be used to address capacity building and equipment, as well as logistics upgrade in the Hajj commission

- Ahmed said National Hajj Commission of Nigeria would get $243,823.0 while the federal ministry of industry, Trade and Investment would receive $280,000

The minister of finance, Zainab Ahmed, said Nigeria has signed a $523,823 (N185,957,165 million) technical assistant agreement grant with the Islamic Development Bank (ISDB) group in Marrakesh, Morocco.

Channels TV reports that Ahmed made this known on Sunday, April 7, in a statement by her special adviser on media and communications, Paul Abechi.

The statement read that the minister signed the agreement on behalf of the Nigerian government while and president of the ISDB group, Bandar Hajjar, signed on behalf of the group.

The signing took place during the 44th ISDB Group Annual Meeting held in Marrakesh, with the theme, ‘Transformation In A Fast-Changing World: The Road To SDGs’.

Ahmed said the agreement grants would be used to address capacity building and equipment, as well as logistics upgrade in the Hajj commission.

She added that it was also aimed at the improvement of cotton, textile and garment value chain in the federal ministry of industry, trade and investment.

The minister revealed that the National Hajj Commission of Nigeria (NAHCON) would get $243,823.0, while the federal ministry of industry, Trade and Investment would receive $280,000.

PAY ATTENTION: Install our latest app for Android, read best news on Nigeria’s #1 news app

According to him, “The Technical Assistant Agreement Grant of $243,823.0 to the National Hajj Commission of Nigeria is for capacity building/equipment and logistics upgrade.

“TA grant of $280,000 to the federal ministry of industry trade and investment is for the improvement of cotton, textile and garment value chain.”

Ahmed told participants at the conference that the governments at the state level in Nigeria were doing their best to boost agriculture and food production.

She said: “State governments in Nigeria are adopting cluster farming which has eased access to funds by farmers, increased growth and allows access to facilities without collateral.”

Legit.ng previously reported that the National Hajj Commission of Nigeria disclosed that the reforms that President Buhari’s administration embarked upon saved Nigerian pilgrims over N90 billion between 2015 and 2018.

NAHCON’s spokesperson, Fatima Sanda Usara, made this known during an interactive session with newsmen in Abuja.

Usara stated that the hajj operations, during the previous administration, enmeshed in corrupt practices, which she said, included BTA dollar fraud, fraud in dollar concession and profiteering in the name of government sponsorship.

NAIJ.com (naija.ng) -> Legit.ng: We have updated to serve you better!

Eid-el-Kabir: Why the ram killed must not exceed three days in your house - On Legit.ng TV:

Source: Legit.ng

from Nigeria News today & Breaking Naija news ▷ Read on Legit.ng 24/7 http://bit.ly/2G9rG1W
via EDUPEDIA24/7

N2.5bn Fraud: You Have Case To Answer, Appeal Court Tells Suspended NBC Boss, Kawu

The Director General of the National Broadcasting Commission, NBC, Ishaq Kawu. The Court of Appeal, sitting in Abuja, has dismissed an appeal filed by the suspended Director-General of the National Broadcasting Commission, Dr Moddibbo Kawu, challenging the decision of the Federal High Court, to dismiss the no-case submission he filed at the lower court. The Independent Corrupt Practices and Other Related Offences Commission had charged Kawu, Lucky Omoluwa (late Chairman of Pinnacle Communications Ltd) and Dipo Onifade, Chief Operating Officer of the same company, before Justice Folashade Ogunbanjo-Giwa, on a 12-count charge of money laundering. Is'haq Modibbo Kaw THISDAYLIVE The suspended NBC boss and his co-accused then approached the appellate court to reverse the judgment of the Federal High Court. The appellate dismissed the no-case submission filed by Kawu and his co-accused and held that they had an explanation to give when he elected to facilitate the payment of ...

Buhari’s Legacy Of Recessions By Fredrick Nwabufo

Fredrick Nwabufo ‘Why always Buhari?’ As it was in 1984 under General Buhari, so it is in 2016 and 2020 under President Buhari? Is it by the unfortunate hands of kismet that recession hits Nigeria every time Buhari takes charge of the country’s affairs? If the recession of the 80s under Buhari was a conspiracy by economic and political factors, to what do we attribute that of his first coming as a civilian President — and now in his second coming? Why does pestilence scourge the land, hunger ravage the population and lives lost malevolently when Buhari presides over the country? Why always Buhari? Buhari’s undoing is his wonted predilection for hierarchising ethnicity, religion and loyalty above competence. Since 1999, no President has obtrusively shown a more nepotistic aspect than Buhari. It is unarguable that the President arrays the most competence-challenged cabinet ever in the chronicle of governance in Nigeria. Yes, a recession cabinet. Fredrick Nwabufo Here is a cabin...

TYPES OF DRAMA II

Comedy: We use the words 'comedy' and comic to describe something that is funny in our everyday lives. These include a joke or a fantastic story that is full of nonsense, or an absurd appearance that makes us giggle, smile or laugh. Comedy is not inherent in things or people but the way things/people are perceived. Comedy is a deliberate presentation of events/experiences drawn from real life but not the same with real life. We should therefore not expect dramatic comedy to be the same as real life. Generally, the plays have good endings or resolutions, so when a play ends happily, we refer to it as comedy. In most comedies, the principal characters begin in a state of opposition either to one another or to their world or both. By the end of the play their opposition .is replaced by harmony. Aristotle in-.his “Poetics” insisted that in tragedy men are shown “better than they are”, while in comedy “worse than they are”. For him it is an artistic imitation of men of inferi...

EDUPEDIA247

Search This Blog