Connect with us

News

US Deputy Secretary of State Campbell Commends Nigeria’s Foreign Ministry on Galactica Funds Repatriation

Published

on

US Deputy Secretary of State Campbell Commends Nigeria’s Foreign Ministry on Galactica Funds Repatriation

By: Michael Mike

US Deputy Secretary of State Kurt Campbell has commended the Nigerian government, through the Ministry of Foreign Affairs, for its close collaboration in successfully repatriating funds linked to forfeited luxury real estate and the Galactica Star Superyacht.

According to the spokesman of Amb. Yusuf Tuggar, the Minister of Foreign Affairs, Alkasim AbdulKadir, the comment was made during a valedictory telephone conversation of his boss with the Deputy Secretary of State, Kurt Campbell.

He said the departing Deputy Secretary of State made the commendation and thanked Tuggar and his team over the repatriation, stressing that the repatriation negotiations had made him a believer in the country, and further pledged the support and cooperation of the incoming Deputy Secretary of State.

AbdulKadir said Tuggar thanked him for his dedication to the process and steadfast determination to bring the repatriation to fruition, and addressing the bilateral issues between the two countries, such as leveraging technology to turn digital assets like Binance into mutually beneficial opportunities for Nigeria to become a hub of data mining, data storage and artificial intelligence.

Tuggar said as energy producers, “Nigeria’s robust gas energy transition plans, like the African Atlantic gas pipeline traversing 15 African countries, can provide the requisite energy supply for crypto players and data miners. This has great potential, and we are counting on our allies like the United States and Morocco.”

He noted that: “Truly, Nigeria and the United States are going back to basics, back to strong values, and this is something we can build upon.”

Plans are on to use the repatriated funds to expand the Distributed Access Through Renewable Energy Scale-Up project through the Rural Electrification Agency (REA). The programme is intended to increase access to electricity services in the country.

US Deputy Secretary of State Campbell Commends Nigeria’s Foreign Ministry on Galactica Funds Repatriation

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

FG’s student loan scheme improving access to higher education -NOA DG

Published

on

FG’s student loan scheme improving access to higher education -NOA DG

The National Orientation Agency (NOA), on Wednesday, said that the Federal Government’s interest-free loan under the Nigerian Education Loan Fund (NELFUND) is reducing dropout amongst undergraduates in the country.

Mallam Lanre Issa-Onilu, the NOA Director General, stated this in Gombe at a news conference on five thematic areas of the present administration.

The News Agency of Nigeria (NAN) reports that Issa-Onilu spoke through Mr David Akoji, the Director Special Duties, NOA Headquarters, Abuja.

He reiterated the commitment of President Bola Tinubu’s administration to improving access to education at all levels and ensuring that “financial constraints do not prevent young Nigerians from pursuing higher learning.”

Issa-Onilu said NELFUND was established by the Tinubu administration to ensure that no Nigerian who qualified to go for tertiary education was prevented from doing so, as a result of inability to pay school fees.

According to him, funding which used to be the biggest challenge in accessing tertiary education is no longer a threat to undergraduates and students seeking higher education.

The director general said the administration of President Tinubu had disbursed N59 billion to over 600,000 students that have applied for NELFUND Student Loan.

The director general assured that the era of students leaving tertiary institutions without completing their degree as a result of financial constraints was over.

He stated that the initiative showed that the Tinubu-led administration was committed to improving the wellbeing and welfare of Nigerians by empowering young Nigerians with education and skills.

Issa-Onilu urged students in Gombe State who have financial challenges to embrace the initiative to ease the burden, stressing that the loan scheme “is available to all qualified Nigerians who are schooling in public tertiary institutions in Nigeria.”

Speaking on the thematic areas Issa-Onilu said they include; Government Policies, Programmes and Activities, the Nigerian Identity Project and National Symbols, and flood mitigation.

He cited others as National Security Awareness towards achieving improved security consciousness in communities and National Values Re-orientation for Students of Secondary Schools and Tertiary Institutions against sign-out extreme practices.

He also announced plans by the federal government to support 150, 000 youths across Nigeria under the National Youth Investment Fund (NYIF), adding that N110 billion had been dedicated to implement the initiative.

The director general further expressed the commitment of Tinubu’s administration to impacting positively on the wellbeing of all Nigerians especially the poor and vulnerable households.

On government programmes, Issa-Onilu hinted that over 2 million households enrolled into the Social Safety Nets Expansion, had benefitted from the Conditional Cash Transfer.

He said: “Trader Moni and Farmer Moni were introduced through the Government Enterprise and Empowerment Programme (GEEP). These are interest-free loans of up to a maximum of N100,000 for trader moni, while, farmer moni up to N300,000.”

FG’s student loan scheme improving access to higher education -NOA DG

Continue Reading

News

Security forces neutralise two notorious bandits in Benue clearance operation

Published

on

Security forces neutralise two notorious bandits in Benue clearance operation

By: Zagazola Makama

Security forced have neutralised two suspected notorious bandits during a clearance operation in Ukum Local Government Area of the state.

Sources told Zagazola that the operation followed credible intelligence received on Tuesday at about 1:00 p.m.

The report indicated that a criminal gang led by one Senen Hemen, also known as Orpa, was sighted along the pipeline axis between Gbeji and Igbongom communities in Ukum.

According to the sources, security forces were promptly mobilised to the location, where the gang engaged the operatives in a gun duel.

During the exchange, Hemen and another gang member identified as Mzungweve Ichur, both from Igbongom, were shot dead, while others fled the scene with gunshot injuries.

The sources confirmed that the corpses of the two suspects had been recovered and deposited at a private mortuary in Gbeji, while a manhunt had been launched in the surrounding bushes to track the fleeing accomplices.

The sources assured residents that the operation was part of ongoing efforts to rid Ukum and adjoining areas of violent criminal gangs.

Security forces neutralise two notorious bandits in Benue clearance operation

Continue Reading

News

Gunmen abduct worshipper in Oyo community

Published

on

Gunmen abduct worshipper in Oyo community

By: Zagazola Makama

Gunmen have abducted a worshipper from a mosque in Gbonkan Village, Ipapo, Itesiwaju Local Government Area.

Sources said that the victim, identified as Amadu Usman, was kidnapped on Monday night while praying at the mosque alongside his elder brother, Adamu Usman.

The sources said seven armed men invaded the mosque at about 9 p.m. and whisked the victim away to an unknown destination.

The sources said that a joint team of security forces, Amotekun Corps, vigilantes and local hunters had since launched a search-and-rescue operation, combing surrounding bushes to track down the suspects and rescue the victim.

Gunmen abduct worshipper in Oyo community

Continue Reading

Trending

Verified by MonsterInsights