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FG Hails Economic Sustainability Plan For Helping Sustain Recession

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Buhari on Face Mask

The President Buhari’s administration has hailed the Economic Sustainability Plan (ESP) for helping the country exit recession.

In a statement released by Laolu Akande, spokesperson for Vice President Yemi Osinbajo, Nigerians were told to expect more as the implementation of the plan is gathering greater momentum.

The Presidency said in the statement that right from the Q3 2020, the economy was already on a rebound and the latest fourth-quarter figures show that the recovery of the Nigerian economy is a steady one.

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Akande further revealed that the Economic Sustainability Plan is entering into an even more potent phase with the revving up of plans to install 5 million solar installations across the country and the social mass housing plan that will result in hundreds of thousands of affordable houses for ordinary Nigerians. Both aspects, he noted, will yield several hundreds of jobs besides giving the national economy a significant spur like never before.

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The statement read; 

“Like we explained late last year after the release of the third-quarter figures, the Economic Sustainability Plan, which was a calculated intervention by the Buhari Presidency, is driving the Nigerian economy in the right direction-upwards, and Nigerians can expect more because the administration is unrelenting in its determination to pursue the steady recovery and growth of our economy.”

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Kano State Government Orders Immediate Closure Of 4 Tertiary Institutions

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Ganduje

Kano State Governor, Abdullahi Ganduje, has ordered the immediate closure of four tertiary institutions in the state.

The closure comes a day after he ordered the closure of ten boarding schools in the state following the abduction of over 300 schoolgirls in neighbouring Zamfara State.

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A statement released by the state Commissioner for Higher Education, Dr Mariya Mahmoud Bunkure, reads

“The Kano State Government under the able leadership of His Excellency, the Executive Governor of Kano State, Dr. Abdullahi Umar Ganduje, has directed the closure of some tertiary institutions in the state with immediate effect,” 

The tertiary institutions ordered to be closed include RMK College of Advanced and Remedial Studies, T/Wada; School of Environmental Studies Gwarzo; School of Rural Technology and Entrepreneurship Dev (SORTED), Rano and ABCOAD, Dambatta.

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All students of the affected schools were also advised to vacate the campuses as soon as possible.

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PHOTOS: Niger State Governor, Abubakar Bello, Meets Freed Kagara Schoolboys

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PHOTOS: Niger State Governor, Abubakar Bello, Meets Freed Kagara Schoolboys

The Governor of Niger State, Abubakar Bello met with the recently freed Kagara schoolboys and their teachers at the state government house in Minna, the state capital.

The state governor said the state government is working to identify the root cause of banditry in the state.

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He also disclosed that one of the abductees is in the hospital being treated for excessive exhaustion.

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Armed Bandits Kill 4 Persons In Fresh Attacks In Kagara

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Bandits in Nigeria

At least four persons were reportedly killed during fresh attacks by suspected bandits in Kagara community in Niger State.

The attack comes after the 27 students and three teachers of the Government Science College in Kagara abducted by suspected bandits last Wednesday, February 17, regained their freedom in the early hours of today, February 27.

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According to a report by DailyTrust, the bandits attacked Gidan Adamu, near Yakila, headquarters of Gunna district and Gidan Wamban Karaku community where 11 persons which include seven women were abducted.

The bandits were said to have rustled a large number of cows and also kidnapped the Imam of Madaka district in Rubo village.

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EFCC Arraigns Insurance Broker Over Diversion of N26b PHCN Pension Fund

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Abiodun Waheed Hassan

The Economic and Financial Crimes Commission on Thursday, February 25 arraigned an insurance broker named Abiodun Waheed Hassan, alongside his firm, Bestworth Insurance Brokers Limited, on a five-count charge of misappropriating over N26billion PHCN pension fund.

Hassan was arraigned before Justice S.C Oriji of the Federal Capital Territory High Court, Apo, Abuja.

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Abiodun allegedly diverted huge sums of money earmarked for the payment of outstanding insurance premiums and claims of deceased and incapacitated staff of Power Holding Company of Nigeria (PHCN), into the corporate account of entities.

In one count of the charge, the insurance broker diverted N26 billion paid into the insurance firm account into another bank account on January 25, 2015. Count five of the charge alleged that Abiodun misappropriated six billion naira.

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He, however, pleaded not guilty to the charges.

Justice Oriji adjourned the matter till March 4, 2021 for hearing on the bail application and remanded defendant in EFCC custody.

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Kano State Government Closes 10 Boarding Schools Following Zamfara School Abduction

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Ganduje

In reaction to the recent abduction of over 300 schoolgirls in Zamfara State by armedmen , the Kano state government has ordered the immediate closure of 10 boarding schools located at the outskirt of the state.

A statement released by the state Commissioner of Education Muhammad Sunusi Kiru, listed the affected schools as Girls Secondary School at Sumaila, Girls Secondary School Jogana, Girls Secondary School Gezawa, and Government Secondary School, Kafin Maiyaki (Male),

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Others are Maitama Sule Secondary School, Gaya; Girls Secondary School Kachako; Girls Secondary School, Kunchi; Unity College Karaye; Girls Arabic College Albasu; Girls Secondary School Tudun Wada and Danzabuwa.

“This decision is part of our resolve to protect our children from any unforeseen circumstances.”the statement read

The Commissioner urged parents to bear with the state government over the painful decision, saying it is for the good of the children.

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He said schools will resume once the security situation is brought under control.

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