What is the significance or value of having abundant solid mineral resources if Nigeria continues to be ravaged by illegal mining activities, resulting in substantial economic revenue losses, environmental degradation, and the endangerment of lives and property security? In August 2023, four illegal miners were killed following the collapse of a mining site in Kogo Kadage village in the Yadagungume area of Ningi Local Government Area of Bauchi State. Less than 6 months following that...
CBN noted that the latest amount paid to the airlines brought the total verified amount paid to that sector to $136.73 million and that all the verified airline claims had now been cleared. The Central Bank of Nigeria (CBN), fulfilling its pledge to clear the backlog of foreign exchange owed to foreign airlines in the country, has concluded the payment of all verified claims by airlines with an additional $64.44 million to the concerned airlines....
Ambassador Chad Blackman was recently appointed Senator and Minister in the Ministry of Economic Affairs and Investment of the Barbados Government. The International School of Conflict Management and Diplomatic Studies (ISCMDS) has congratulated Ambassador Chad Blackman on his appointment as Senator and Minister in the Ministry of Economic Affairs and Investment of the Barbados Government. A statement by the ISCMDS signed by Julius Atanawhemera, Esq. founder and president, said Amb. Blackman’s appointment is well-deserved and...
Efio-Ita Nyok, from Abuja, writes on a recent plenary session held by the Active Citizens Engaging the Legislature (ACEs) on the recently assented Higher Education Act, popularly known as the Students Loan Act. In a plenary session organized by Active Citizens Engaging the Legislature (ACEs), a programme under the aegis of OrderPaper, Nigeria’s foremost independent parliamentary monitoring organisation and policy think tank that bridges the gap between people and parliament, a robust debate on the...
In response to the barriers hindering the Student Loan Act, OrderPaper Nigeria hosted a high-level discourse featuring lawmakers, active citizens, and students. The Students’ Loans (Access to Higher Education) Act, 2023, which aims to provide interest-free loans for public higher education in Nigeria, gained Presidential assent on 12th June 2023 and has since been making the rounds in the media and among Nigerians. As the name implies, the law will enable indigent students in public...
Hikes to tuition and other fees by tertiary institutions in Nigeria make it difficult for indigent students to get the education they deserve. In the face of economic hardships gripping Nigeria, tertiary institutions across the country have been making headlines for their recent decisions to increase tuition fees. This move has sparked concerns among students, parents, and advocacy groups, who argue that such fee hikes exacerbate the financial burden on families already grappling with the...
In a global attempt to phase out fossil fuel, can Nigeria leverage its mineral resources to become a leading advocate for renewable energy, while upholding good climate practice and peace amongst the host communities? On the back of the COP28 Agreement for the world to shift from fossil fuels to renewable energy, it has become necessary to spotlight the mineral resources available in Nigeria that could move the country comfortably from the shackles of fossils...
Policy Alert, working with other partners, has announced the launch of a campaign on Energy Transition A group of civil society and youth-driven organisations, led by Policy Alert, have launched a national campaign to mainstream young people and their priorities in Nigeria’s energy transition. Presenting the platform tagged #YouthVoices2060 during a virtual launch event yesterday, Edidiong Dickson, Policy Alert’s Programme Officer for Energy, Extractives, and Climate Justice, described it as “a loose network of young...
The Commission revealed that the parties have reached an agreement to resolve all outstanding issues between them and put the phased disconnection on hold for 21 days The Nigerian Communications Commission (NCC), has instructed MTN Nigeria to suspend plans to disconnect Globacom (Glo) subscribers due to lingering inter-connection debt between the Mobile Operators. NCC disclosed this on Thursday in a statement by its Director of Public Affairs, Reuben Mouka, saying it gave MTN and Glo 21...
CBN has decided to tackle FX transaction abuses in clearing liabilities backlog as it vowed to continue settlement of verified FX backlog. The Central Bank of Nigeria (CBN), in its bid to clear the backlog of outstanding foreign exchange liabilities, has paid approximately USD 2.0 billion across various sectors, including manufacturing, aviation, and petroleum. The Bank has also cleared up the entire liability of 14 banks and started settlements with foreign airlines. The CBN Acting...
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