Aso Villa Reads for 17/11/2021

Every day, we bring you the best stories the Media is reporting about the Government of Nigeria

The Federal Government is optimistic that factoring in Nigeria could unlock over $1 billion yearly in financing the Micro, Small and Medium Enterprise (MSMEs). It called on stakeholders to play the role that will make factoring happen in Nigeria, stressing that factoring has become one of the fastest growing instruments for structured trade finance in the world. It described factoring as a financial transaction whereby a business sells in account receivables [invoice] to a third party at a discount in exchange for immediate money with which to finance business activities.[Guardian]

While restating its commitment towards ensuring that all Nigerians get the National Identification Number (NIN), the National Identity Management Commission (NIMC) has urged the Nigerian Immigration Services (NIS) to verify the identity of passport applicants using other alternative channels.[Guardian]

President Muhammadu Buhari says the Federal Government has provided funds for the establishment of laboratories in all Federal tertiary institutions and its research centers. Buhari said this while speaking at the 2nd Regional Annual Scientific Conference and Induction of Elected Fellows of the West African Postgraduate College of Medical Laboratory Science (WAPCMLS),in Abuja. President Buhari, who was represented by the Minister of Health, Dr Osagie Ehanire, said with the support of development partners Federal Government has strengthened laboratory capacity in the country than ever before in history.[Guardian]

The Vice President of Nigeria , Prof Yemi Osinbajo, has indicated that the Federal Government is now committed to the revitalization and development of the mining sector to attract more local and foreign investments. Disclosing this in his remarks at the opening of the 5th Annual Nigeria Mining Week Discourse Series, Osinbajo stated that within the space of a year, the sector recorded a 26.7% increase in revenue generation from 2019 to 2020.[Vanguard]

Minister of Humanitarian Affairs, Disaster Management and Social Development Hajia Sadiya Umar says more than nine million pupils across the country have benefited from the National Home Grown School Feeding Programme (NHGSFP). Umar said this on Tuesday in Makurdi at the handing-over of cooking utensils to Local Government Education Authority (LGEA) primary school, Wurukum. Represented by the Deputy Director, Administration, Mr Ladan Haruna, She said that more than 100,000 cooks were engaged in the the programme across the country. [Vanguard]

The federal government has approved contracts worth a total sum of N27.4billion for projects in the Works and Housing, and the Federal Capital Territory (FCT) ministries. This is even as the government approved the establishment of a Federal University of Health Sciences, as well as proposing a Bill for the enactment of the Civil Defence, Corrections, Fire, Immigration Services Board (CDCFIB). The Ministers of Works and Housing, Babatunde Fasola (SAN); FCT, Mallam Mohammed Musa Bello; Interior, Ogbeni Rauf Aregbesola; and the Special Adviser to the President on Media and Publicity, Femi Adesina, jointly disclosed this to State House correspondents.[Leadership]

The federal government has launched a portal for the sale of houses completed under its National Housing Programme. Minister of Works and Housing, Babatunde Raji Fashola, made the disclosure at the unveiling ceremony of the portal held at the ministry’s headquarters in Abuja. He explained that the portal was opened in all the 34 states of the federation including the Federal Capital Territory, FCT, adding that “We urge government at all levels as well as Nigerians to use this opportunity and apply for the houses”. According to the minister, “We just converged to introduce the portal for the public to be able to come and apply for the National Housing Programme online with the website: [Leadership]

Federal Ministry of Agriculture and Rural Development on Tuesday trained agriculture stakeholders in Kwara State on the cashew value chain. The Permanent Secretary in the ministry, Dr Ernest Umakhihe, who was represented by a Deputy Director, Mr Bernard Ukattah, said the programme was to enable the stakeholders to discuss issues to move the industry forward.[Tribune]