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Monday, 11 April 2022 06:32

What to know after Day 46 of Russia-Ukraine war

Ukraine’s president warned his nation Sunday night that the coming week would be as crucial as any in the war. “Russian troops will move to even larger operations in the east of our state,” Volodymyr Zelenskyy said in his nightly address. He accused Russia of trying to evade responsibility for war crimes. “When people lack the courage to admit their mistakes, apologize, adapt to reality and learn, they turn into monsters. And when the world ignores it, the monsters decide that it is the world that has to adapt to them. Ukraine will stop all this,” Zelenskyy said. “The day…

Monday, 11 April 2022 06:31

Russia threatens legal action if forced into sovereign debt default

Russia will take legal action if the West tries to force it to default on its sovereign debt, Finance Minister Anton Siluanov told the pro-Kremlin Izvestia newspaper on Monday, sharpening Moscow's tone in its financial wrestle with the West. "Of course we will sue, because we have taken all the necessary steps to ensure that investors receive their payments," Siluanov told the newspaper in an interview. "We will present in court our bills confirming our efforts to pay both in foreign currency and in roubles. It will not be an easy process. We will have to very actively prove our…

Monday, 11 April 2022 06:30

Head of Russia's Orthodox Church calls on people to rally around authorities

Head of Russia’s Orthodox Church called on people on Sunday to rally around the authorities as Moscow pursues its military intervention in Ukraine. Patriarch Kirill has previously made statements defending Moscow’s actions in Ukraine and views the war as a bulwark against a Western liberal culture that he considers decadent. “Let the Lord help us unite during this difficult time for our Fatherland, including around the authorities,” the Interfax news agency quoted Kirill, 75, as saying at a sermon in Moscow. “May the authorities to be filled with responsibility for their people, humility and the readiness to serve them even…

Sunday, 10 April 2022 06:43

FG provides reason for latest national grid collapse

Federal government says the recent nationwide blackout was caused by the vandalisation of a transmission power in the Southsouth region. The national grid had collapsed on Friday night — the third incident in less than four weeks. Earlier, the ministry of power said a detailed investigation into the causes of the recurring grid collapse was ongoing. In another statement on Saturday, Isa Sanusi, media spokesperson of the ministry of power, said the latest incident had been traced to the Odukpani-Ikot Ekpene 330kV double circuit transmission line. “Further to our earlier press release, we wish to apprise the general public that…

Sunday, 10 April 2022 06:40

What to know after Day 45 of Russia-Ukraine war

Shelling by Russian forces of Ukraine’s key port of Mariupol on the Sea of Azov has collapsed several humanitarian corridors, making it more difficult for people to leave. It was not clear Saturday how many people remained trapped in the city, which had a prewar population of 430,000. Ukrainian officials have put the number at about 100,000, but earlier this week, British defense officials said 160,000 people remained trapped in the city. Ukrainian troops have refused to surrender the city, though much of it has been razed. Resident Sergey Petrov said Saturday that recently two shells struck around him in…

Sunday, 10 April 2022 06:38

Ukraine war pushes Germany to strengthen its bunker infrastructure

Germany has started working on strengthening its basement shelters as well as building up crisis stocks in case of war, the Welt am Sonntag newspaper reported on Saturday, citing the country’s interior minister. After decades of attrition of Germany’s armed forces, Russia’s war in Ukraine has led to a major policy shift with German Chancellor Olaf Scholz pledging to increase defence spending and injecting 100 billion euros ($109 billion) into the army. The government is also looking into upgrading its public shelter systems and will increase spending on civil protection, Interior Minister Nancy Faeser told the newspaper. “There are currently…

Saturday, 09 April 2022 06:05

People have been eating grass to survive in Nigeria’s Northeast - UN

Matthias Schmale, United Nations humanitarian coordinator for Nigeria, says up to $351 million is needed to provide humanitarian support for people in northeastern Nigeria. Schmale said this on Friday at an advocacy event held in Abuja on food security and nutrition in north-east Nigeria. He said 8.4 million Nigerians need humanitarian support, adding that the gap between people in need and people supported with food keeps widening due to reduced funding. “Across northeast Nigeria today, 8.4 million people need humanitarian assistance. Alarmingly, almost half of these crisis-affected people — 4.1 million — are expected to face the severe pain of…

Saturday, 09 April 2022 06:03

Buhari signs bill increasing teachers’ retirement age, 5 others

President Muhammadu Buhari has signed into law, a bill that “establishes and provides legal framework for the Nigeria Police Academy, Wudil, Kano State, as a degree-awarding institution to provide academic and professional training.” This was disclosed by presidential aide Garba Shehu in two statements on Friday. Mr Shehu said the bill was one of six signed into law by the president on Friday. Another bill increases the retirement age of teachers in public schools from 60 to 65. In the first statement, Shehu said: “President Muhammadu Buhari has assented to two Bills recently passed by the National Assembly as detailed…

Saturday, 09 April 2022 05:57

Nationwide blackout as electricity grid collapses again

The national electricity grid suffered a system collapse on Friday — the third incident in less than one month. The grid had collapsed on March 14 at 10:40am leading to power outage across the country. Barely 48 hours later, the grid collapsed again on March 15, resulting in blackout in communities across states. Confirming the latest development in a statement on Friday, Abdulazeez Abdullahi, head of corporate communication, Kaduna Electric, said the grid collapsed at 6:29pm. “Dear Esteemed Customers, the management of Kaduna Electric regrets to inform you that the current outage being experienced in our franchise states is due…

Saturday, 09 April 2022 05:55

What to know after Day 44 of Russia-Ukraine war

Ukrainian President Volodymyr Zelenskyy denounced the missile strike on an eastern train station as another Russian war crime and said Ukraine expects a tough global response. “Like the massacres in Bucha, like many other Russian war crimes, the missile attack on Kramatorsk should be one of the charges at the tribunal that must be held,” he said during his nightly video address to the nation Friday. The president told Ukrainians that great efforts would be taken “to establish every minute of who did what,” so that those behind the attack would be held responsible. Zelenskyy said he spoke with EU…

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Friday, 08 April 2022 06:26

RMAFC has proposed new revenue allocation formula. These are what FG, states, LGs, others will get if approved

Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has proposed a 3.33% reduction of the statutory allocation to the Federal Government. It however proposed increase of allocations to States and council areas by 3.07% and 0.44% respectively. The new adjustments to the revenue allocation formula due to the Federating units are contained in a report presented to President Muhammadu Buhari on Thursday by the RMAFC at the Presidential Villa, Abuja. In the new RMAFC proposal, the Federal Government, which currently receives 52.68% will now get 45.17%; States will take 29.79% as against the current 26.72% and the council areas will get…

Friday, 08 April 2022 06:25

Buhari seeks approval for more borrowing as 2022 budget deficit is projected to hit N7.35trn

President Muhammadu Buhari has written to the house of representatives seeking an increase in the 2022 budget deficit to be financed through borrowing from the domestic market. Buhari said this in a letter read by Femi Gbajabiamila, speaker of the house of representatives, on Thursday. The president said the total budget deficit is projected to increase by N965.42 billion to N7.35 trillion, representing 3.99% of GDP. He said the incremental deficit will be financed by new borrowings from the domestic market. The President also requested review of the 2022 Medium-Term Expenditure Framework (MTEF), upon which the budget was hinged. “As…

Friday, 08 April 2022 06:19

What to know after Day 43 of Russia-Ukraine war

The Biden administration on Thursday announced it is levying sanctions against Russia’s largest military shipbuilding and diamond mining companies. The move blocks their access to the U.S. financial system as the United States looks to exact more economic pain on President Vladimir Putin for the invasion of Ukraine. Alrosa is the world’s largest diamond mining company and accounts for about 90% of Russia’s diamond mining capacity, according to the U.S. Treasury Department. Alrosa generated over $4.2 billion in revenue in 2021. Diamonds are one of Russia’s top 10 non-energy exports by value. The State Department also said it was blacklisting…

Thursday, 07 April 2022 06:31

Court orders Buhari to give 35 percent of all appointments to women

A federal high court in Abuja has ordered the federal government to implement its 35 percent affirmative action policy on public service positions. Donatus Okorowo, the presiding judge, said this while delivering judgment on Wednesday in a suit filed by some women groups challenging the “marginalisation” of women by the federal government. The plaintiffs in the suit include the Incorporated Trustees of Nigerian Women Trust Fund, Women Empowerment and Legal Aid and Centre for Democracy and Development (West Africa.) Others are Women Advocates Research and Documentation Centre, Vision Spring Initiative and Women in Politics Forum. The president and Abubakar Malami,…

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