Aso Villa Reads for 13/07/2021
Every day, we bring you the best stories that the Media is reporting about the Government of Nigeria
In a bid to link the country through rail, President Muhammadu Buhari will do the ground breaking of the Kaduna-Kano standard gauge by Thursday. Dr Magdalene Ajani, Permanent Secretary, Ministry of Transportation, disclosed this in a statement on Tuesday in Abuja. THE NATION
The Federal Government, through the Debt Management Office (DMO) has put N150 billion bonds on offer for subscription for July. The offer announced by the DMO via an Offer Circular yesterday, was in three tranches of N50 billion each. The first is a 10-year reopening bond to be offered at the rate of 13.98 percent with a maturity date of February 2028. The second tranche of N50 billion with 12.40 percent rate has March 2036 (20 years) at maturity, while the third tranche of N50 billion with 12. 98 percent (30-year re-opening) has March 2050 maturity. THE SUN
Worried about the damaging effects of the yam beetle which destroys the crops on the farm, the Federal Ministry of Agriculture and Rural Development organised a workshop for management of beetle infestation on yam for farmers in Edo State. The Director Federal Department of Agriculture at the Ministry, Hajiya Karima Babangida said climate change has affected yam production of which beetle infestation is one of them. She said yam is a major staple food for an estimated 60 million Nigerians, supplying 200 kcal per person/day dietary energy. TRIBUNE
The Director General of National Information Technology Development Agency (NITDA), Mallam Kashifu Inuwa Abdullahi CCIE revealed that COVID-19 pandemic has accelerated digital transformation journey faster, more dramatic and disruptive, giving opportunities for more convenient online presence with less disturbance, Digital innovation and Internet Economy for drive to Digital Economy. He stated that Economy Africa reports 2020 revealed that by 2025, the value of Internet Economy in Africa will reach $180b, accounting for about 5.2% of the Continent’s Gross Domestic Product (GDP) and by 2050 its projection is estimated to be $712b, about 8.5% of the Continent’s GDP. PRNigeria
President Muhamadu Buhari has sent the 2022–2024 Medium Time Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) to the House of Representatives. The President in a letter read by the Speaker of the House of Representatives, Femi Gbajabiamila, at plenary on Thursday, commended the lawmakers for the January-December budget cycle. He explained that the 2022 budget would be prepared using the approved MTEF of the National Assembly. DAILYPOST
The Nigeria Government and the International Labour Organization (ILO) have started the process of validating the revised National Policy on Labour Migration. With the support of the ILO, the Swiss Agency for Development and Cooperation (SDC), and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), Nigeria, through the Ministry of Labour and Employment began the process with a two-day workshop, in Abuja. TRIBUNE
