Mom don’t worry, Churchill will try all means to ask for forgiveness from Tonto Dike in order to bring her back home, ok
kidap: Olakunle Churchill's mum, Rachael, is a year older today October 9th. The businessman and former husband of actress Tonto Dikeh, took to his IG page to wish her a Happy birthday and at the same time asked her for forgivessness for causing her embarrassment and shame in recent times. Not specifying what he is asking for forgiveness for, Churchill wrote
zakim: The Federal Government and World Bank are in talks for as much as $2.5 billion in a new tranche of concessionary lending to Nigeria, the bank’s Vice President for Africa Hafez Ghanem has said. In the past year Nigeria received $2.4 billion from the World Bank, Ghanem said in an interview with Bloomberg in Abuja on Wednesday.
“We’re talking about a new set of programs of about the same amount, it should be around $2.5 billion,” he said. Faced with revenue shortfalls as the output and price of oil fell in the past five years, President Muhammadu Buhari’s administration has increased borrowing to finance government spending, with domestic debt at $55.6 billion and foreign loans at $25.6 billion.
The Minister of Finance, Budget, and National Planning, Mrs. Zainab Shamsuna Ahmed while giving details of the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper said borrowing would be a key component in funding the budget as government cannot drive the required resources to fund the budget without borrowing.
She said the new borrowings are put at N1.605trn for 2019, projected N1.7trn for 2020, N1.6trn for 2021 and N1.3trn for 2020. The borrowings will be 50 percent local and 50 percent foreign she said. Out of the N1.7 trillion to be borrowed in 2020, of this amount, N850 billion will be domestic borrowing while the balance of N850 billion will be from foreign borrowing.
The total fiscal deficits for 2019 is N2.474trn, in 2020 it will reduce to N2.154trn. The deficit to GDP is 1.77 percent in 2019. “Debt service is also increasing. And this is so because we have increased our borrowings in recent years. Our debt servicing has increased from N2.144trn in 2019 to N2.45 in the year 2020,” the minister had stated. To ease the mounting debt burden, Nigeria has sought more credit with low interest and long repayment periods from institutions including the World Bank and the African Development Bank.
“The current economic performance of Nigeria is not enough to reduce poverty,” said Ghanem. “We need to accelerate growth.” The World Bank’s focus in Nigeria is to lift about 100 million Nigerians, half of the population, out of poverty, with special emphasis on women’s education, expanding digital opportunities and solving a power crisis that hobbles economic activities.
“It’s important to resolve the problems of the power sector in Nigeria to bring in more investments”, because you need to bring down the cost of power to make the economy more competitive for the development of industries,” he added. The World Bank is supporting digital transformation in Nigeria because of its potential ability to transform other areas of the economy including industry, agriculture and services, according to Ghanem. “Nigeria has a comparative advantage in that area because of the youth, a majority of the population is young,” he said.
“So if we want to create jobs, we need to invest much more in the digital economy.” Speaking with Daily Trust in Abuja, a former Managing Director of a commercial bank said there is nothing wrong in borrowing if it is done to build infrastructure and do other necessary things in the country.
The former MD who didn’t want to be quoted however advised the FG not to squander the money on jamborees or things that would yield no benefits to Nigerians.
Where is Chelsea fc ? Or have they forgotten the likes of Tammy Abraham , well Chelsea will win the championship league. Period , go hug transform let if you don’t believe me
Suspect33: As the UEFA Champions League kicks off today, here are the list of teams that could clinch the most coveted prize in European Football
1 Manchester City FC
Even though legions of football fanatics have their concerns with Manchester City, there's no denying that they are the absolute favorites heading into this season's UEFA Champions League.
If their dominance on the domestic soil is anything to take into account, they will be the most endorsed side to grab their hands on the silverware this season
Furthermore, the return of Kevin De Bruyne to the side would only bolster the side's prowess moving upfront. Widely claimed as the easiest draw for any English team, the Citizens are bound to walk through their opponents in the group stages of the competition
Significant additions in Rodri and Joao Cancelo are only a testament to City's drive to win the biggest competition in Europe and if there's a momentous time for them to do it, it is now.
Later some people will be accusing my Papa Bishop Oyedepo , ride on my papa
HigherEd: Four Nigerian University have now featured in the Times Higher Education University Rankings. This follows 5 pillars in which the Universities where rigorously measured on; Teaching, Research, Citations, Industry Income and Internationalisation.
Covenant emerged no 1 in Nigeria and joint no 4th in Africa.
UI emerged no 2 in Nigeria and joint 8th in Africa.
Unilag broke into the ranking for the first time, surpassing UNN in 3rd place in Nigeria and 18th in Africa.
UNN sits at fourth place in Nigeria with 26th in Africa.
Muttee: The tribunal is set to deliver judgment in the petition filed by Peoples Democratic Party (PDP) and its candidate, Atiku Abubakar challenging President Muhammadu Buhari’s victory in Feb. 23 general election.
References: Osun State government has declared today, Tuesday, August 20, public holiday for traditional worshipers in the state, tagged it ‘ Isese Day’.
This was contained in a press statement signed by the Supervisor, Ministry of Home Affairs, Culture and Tourism, Dr. Obawale Adebisi, the copy which was made available to newsmen in Osogbo, the Osun State capital on Monday.
According to the statement, traditional worshipers in the state were enjoined to use the occasion of the celebration to pray for the state government for a special grace to take the state to a greater height.
It also charged them to be vigilant and peaceful during the festival and never hesitate to fish out and hand criminal elements among them over to law enforcement agencies.
” We enjoin the traditional worshipers to pray for the State Government and other stakeholders who are saddled with the responsibilities of moving the state to the next level to accomplish the task ahead.
” We also implore them to be peaceful and law abiding in the course of their celebration.
” Worshippers must not hesitate to report suspected hoodlums in their domains to the law enforcement agencies, as we urge hem to continue to support the government by exercising their civil responsibility through prompt payment of taxes and levies and live in harmony with other religious worshippers to allow the government to concentrate on the development of the state”, the statement read.
Please,the police should charge them for treason and ensure they spend every single day of their lives in Kirikiri
I want to ask the protesters a question
Was Nigeria safe before the elections in February? Was there stable power before February? Was there jobs before February? Was there any sector that was okay before February?
If I may ask again, who did the protesters vote for in February? It must be either Buhari or Atiku
Even Sowore did not file any petition to challenge Buhari's victory
And then you all wake up one morning to protest about what sef
Let's allow Buhari to rule in peace Abeg.... 2023 is closeby ..
I pity the Dss that will follow el Zakzaky to India , the way Iranians will beat him en , in his next generation he will prefer to come back as a Fly than a human
fergie001: Kaduna court grants El Zakzaky permission to go to India for treatment. Court session is ongoing.
Judge reading out condition attached. One of the conditions include he will go with DSS officials.
Not even husband, at your age you re still talking about boyfriend, or is it advertisement of you being single and ready to mingle?
Priscy01: Nollywood actress, Lizzy Anjorin, has accused her ex-boyfriend of sending killers after her.
The Badagry-born actress made the accusation in an Instagram post on Saturday as she shared death threats received from a mysterious number, Igbere TV reports.
In her post, she said that her ex-boyfriend should be held responsible if she died adding that he had asked her staff to bring information about her while sleeping with them.
Lizzy Anjorin celebrated the completion of her mansion earlier in July.
Zenithsblog: Davido has released his highly anticipated single titled “Blow My Mind“, off his upcoming project.
On the massive record “Blow My Mind”, Davido features American superstar, Chris Brown who came through with usual energy on the record which shows their positive nexus.
However, the song was produced by one of Nigeria’s finest record producer, Shizzi.
[quote author=NaijaCelebrity post=80554815]Nollywood actress Kate Henshaw celebrated her birthday some days ago and she hosted her close friends to a fun night out.
Does she have a Man?if No let her inbox me on WhatsApp because I like her , +1 518 502 5662. Thank you, please only for her , ok
naptu2: FULL VIDEO : Sen. Abbo In Face-Off With Tinubu, Senate Adhoc Panel Over intimacy gadget Shop Assault
Senator Abbo appeared before the committee that was set up by the Senate to investigate his alleged assault on a woman at a toy shop. The committe is chaired by Senator Sam Egwu (who is a former governor and former minister).i hope this Mrs Tinubu is waiting for a 2023 agony that the north will cast on her , her husband mr Bullovan and their families?!
However, a faceoff ensued when Senator Abbo told that committee to tell journalists to leave the room
Here's a transcript of what happened.
Senator Sam Egwu: "We have finished listening to you talk to the whole word. We have listened to you, the whole world has heard you on television and everywhere. So what's the difference? You are just making a statement here. Even if it is one sentence, say what you have to say."
Senator Abbo: "I will not . . ."
Mrs Tinubu: "Ok, you see, distinguished. Mr Chairman sir" (Senator Egwu nods). "Distinguish, we want to tell you. . . You are just joining us. We have a procedure and we are also under law. What we are doing, we are doing as a legislature. You don't come in here when we invite you, despite that you are our colleague, you are on the other side now.
Everybody requires a fair hearing. What is going on with you affects us as a body. Alright? That is why the senate president constituted this committee and you can see the level and integrity of the people under here.
You don't come in here and dictate to us the procedures that we are supposed to do" (Senator Egwu says "adopt" ). "Adopt. And that is, you don't dictate to us because you undermine us by even trying to do that.
You haven't even listened to us. Even if we are going beyond what you expect, you can stop us, but you don't come on the other side and start dictating to us.
Do you want us to protect you or do you want us to defend you or you want to be on your own?"
Senator Abbo is trying to interrupt by saying, "Distinguished. Distinguished ma".
Senator Tinubu: "Because do you realise that the Senate. . . Off that mic and let me finish. Do you realise that the Senate, when we constitute this, whatever the law gives, we can also suspend you? Do you realise that?"
Senator Egwu wants to interrupt, but Senator Tinubu says, "No sir".
"You don't come here on camera. . ."
Senator Abbo interrupts: "I will not sit here and you threaten me with suspension".
Senator Tinubu says: "We are not threatening you!"
Senator Tinubu says, "With all due respect" but Senator Abbo interrupts:
"With all due respect, you are my colleague, you are a senator like me and you cannot threaten me with suspension. I take exception ma"
Senator Tinubu is speaking in the background:
"Off that mic. You are digging a hole for yourself. I'm also another woman. Better be careful."
Senator Egwu interrupts and addresses Senator Abbo:
"Excuse me. Distinguished, why are you behaving this way? This behaviour is not expected of you. There are about how many of us senators here and even if you take offence at what we say, listen and keep quiet. You have to address the chair. Please".
Senator Abbo says: "Mr chairman, is it out of place if I ask that I am not addressing camera, I am not addressing pressmen, after I have been taken to court? Correct me if I am wrong."
Senator Egwu: "If you have any objection to what we say, you'll at least hear our general comment on it."
Another senator says: "We take that decision on it, on what you've just said. You wait".
Senator Tinubu says: "You didn't even wait for us to talk before saying that this is the method that you want us to adopt. You didn't even wait"
Another senator asks Senator Abbo to tell the committee why he came before the committe, so Senator Abbo explains how he was invited by the Senate and the police, etc. He then says that the matter is in court and he doesn't want to say his side of the story on camera and then the media will "take it out".
Senator Tinubu said that what he just said is what they expected him to say initially, rather than trying to dictate to the committee the modalities that it should use. She says that they have respectable people in the committee, including a former governor and they know what to do.
Another senator appeals that the hearing should be conducted in a close session. He says that the alleged victim did not appear because she believes that the matter is subjudice and so it will be better to have a closed session.
After a long discussion, Senator Egwu asks the media to leave.
Veteran Nollywood actor, Richard Mofe-Damijo has aired his views on the trending case of Timi Dakolo’s wife rape scandal.
RMD as he is fondly called urged those criticising Busola Dakolo, who early on Friday in an interview revealed that she was raped by pastor Biodun Fatoyinbo, of COZA ministries, not to be too quick to judge her.
He added that Timi Dakolo is a real man for standing besides his wife to help me through this trying times.
sogodihno: Onoghen has been suspended, u guys should come to reality. the best thing u guys can do is to approach the court of law for redress.
No one will be spare in this anti corruption fight, we can't have a criminal as CJN. Even those in APC will still be dealt with.
It is only Buhari that can pull this through, the nation will be sanitize and more democratic leader will take over, but right now Nigeria need someone that is strong headed and with iron fist to fix this corruption that has form the foundation of this country.
Nigeria will be save.
Ps: To those fools that want to die at my mention, Oneghen has been remove, if u are so pained, go and lead protest in Abuja tomorrow, but make sure it's only your family member u carry along, the police will be happy to welcome u.
Am more surprised that PDP suspended their campaign because of CJN, he must truly be a PDP party card carrying member.
NEXT LEVEL jare, wailers wail to death Sane Nigeria are behind u PMB
Blind man, you can’t break laws to fix laws ,this is not a military regime, Buhari is an illiterate and his downfall will be celebrated all over the world much more than Abacha
Oh , Nigeria my country, God show mercy on us, kill all self centered politicians with your fire, Consume them all and make them to become History in JESUS NAME, AMEN
Celebrities / Re: Olakunle Churchill Seeks Forgiveness From His Mother In Birthday Post by fanysteve: 2:11pm On Oct 09, 2019 
?im just asking oooo