President Muhammadu Buhari has warned against unnecessary panic over the confirmation last week of a case of coronavirus (Covid-19) infection reported in Lagos State. According to the President, undue alarm would do us more harm than good. In a statement by his Senior Special Assistant on Media and Publicity, Malam Garba Shehu, in Abuja on Sunday, President Buhari counselled Nigerians to instead strictly observe the advisories disseminated by the Ministry of Health, Nigeria Centre for Disease Control (NCDC) and the World Health Organisation (WHO) on the best way to prevent infection. The president commended the Federal Ministry of Health and…
Author: admin
The Sierra Leonian government has been dragged before the ECOWAS Community Court in Abuja over allegation it mismanaged millions of United States Dollars donated to fight the deadly Ebola virus which killed about 4000 people in the country. The plaintiffs, a non-governmental organisation – Centre for Accountability and the Rule of Law, and two nurses affected by the virus while giving treatment to affected people, Hawa Jalloh, and Fatamata Sesay, had claimed that after Ebola arrived in Sierra Leone in 2014, the government mismanaged and lost millions of US dollars’ worth of financial resources earmarked specifically for combating the disease. They alleged…
The total pension assets under the Contributory Pension Scheme rose to N8.49tn as of the end of November 2018 financial period, latest figures obtained from the National Pension Commission revealed. The pension commission said 72.5 per cent of the fund had been borrowed by the Federal Government and invested in the FGN securities totalling N6.16tn during the period under review. The Pension Fund Administrators also invested 6.87 per cent or N584.321bn of the fund in domestic ordinary shares, while 0.71 or N60.529bn of the fund was invested in foreign ordinary shares. According to the Pension Reform Act, the PFAs manage…