Day: December 7, 2021

Omicron: UK’s ban unjust, punitive, discriminatory -FG

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The decision by the British government to put Nigeria on the Omicron variant of the COVID-19 pandemic red list has been described as unjust, unfair, punitive and discriminatory by the Federal government of Nigeria. Government’s position came on a day President of African Development Bank, AfDB, Dr Akinwumi Adesina, said the travel ban on some African countries over Omicron, was also “very unfair, non-scientific and discriminatory.” This is even as former Deputy Governor of the Central Bank of Nigeria, CBN, Professor Kingsley Moghalu, advised African countries, including Nigeria and South…

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87 students rusticated from Kwara varsity

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87 students were recently expelled from the Kwara State University, KWASU. The Vice Chancellor of KWASU, Professor Mohammed Akanbi, SAN, has said the university is strictly for academics, warning that any student involved in cultism or anti-social behaviour would be expelled from school. He advised parents and guardians to endeavour to give their wards home training and ensure that they are disciplined to avoid unpleasant consequences.  At a briefing yesterday, ahead of activities marking the 8th and 9th convocation ceremonies of the university from Wednesday, Professor Akanbi, who recalled that…

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FG disputes alleged N18b terrorism funding by ISWAP

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A report by the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) alluding that the Islamic State in West Africa Province (ISWAP) was laundering N18 billion through Nigeria’s financial system to deepen terrorism, has been denied by the Federal government. The Nigerian Financial Intelligence Unit (NFIU), which reacted yesterday via a statement issued by its Chief Media Analyst, Ahmed Dikko, faulted the Economic Community of West African States (ECOWAS) body that observed the fund was generated yearly from trading and taxing communities in the Lake Chad region. Established…

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Rising food prices fuelling inflation in Nigeria, others – IMF

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The International Monetary Fund has said that rising food prices is the major factor fuelling inflation in Nigeria and other Sub-Saharan African countries. According to the body, inflation is rising around the world, but because food accounts for about 40 per cent of the SSA’s consumption basket, it plays a major determining role in inflation. In a blogpost on Monday, the IMF said, “Food inflation increased throughout 2019, on average, across 25 countries in the region where monthly food price data are available. “After remaining stable around seven to eight…

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