Aso Villa Reads for 19/11/2021

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

The National Economic Council (NEC) says President Muhammadu Buhari has approved a fresh N656 billion Bridge Financing Facility to the 36 States. Hajiya Zainab Ahmed, Minister of Finance, Budget and National Planning, disclosed this on Thursday at a virtual NEC meeting presided over by Vice President Yemi Osinbajo. The minister said that the support was to help state governments to meet their financial obligations, especially the previous budget support facility due for repayment. According to Ahmed, each state will receive N18.2 billion. [Vanguard]

The Kogi State focal person of the Federal Government’s National Social Investment Programme (NSIP), Hon Abdulkareem Onyekehi, has said that the programme had geometrically increased school enrollment in Kogi according to pupils’ population statistics from 115,000 to 258,000 pupils. Onyekehi disclosed this while speaking with journalists at the sideline of the flag off of the distribution of Feeding Utensils to the beneficiaries of the HGSFP in Kogi, at Saint Luke Primary School, Lokoja. According to Onyekehi, the aim at delivering feeding to public schools’ pupils from primary 1 to 3, was achieving its purpose and objectives in Kogi State. [Tribune]

Federal government says it has enrolled 924,590 out-of-school children under Better Education Service Delivery for All (BESDA) programme in Nigeria. BESDA is funded from a $611 million World Bank facility to increase equitable access for out-of-school children, improve literacy and strengthen accountability for results at the basic education level. The minister of education, Mallam Adamu Adamu, disclosed this in Abuja yesterday. [Leadership]

The International Monetary Fund (IMF) on Tuesday said the launch of e-Naira by the Central Bank of Nigeria (CBN) is drawing substantial interest from the outside world, including from central banks. In the latest report titled, ‘Five Observations on Nigeria’s Central Bank Digital Currency,’ by Jack Ree, IMF African Department, the Fund explained that like coins or cash, the eNaira is a liability of the CBN. The eNaira uses the same blockchain technology as Bitcoin or Ethereum and, like them, the eNaira is stored in digital wallets and can be used for payment transactions; and it can be transferred digitally and at virtually no cost to anyone in the world with an eNaira wallet. [Business Day Pg 6]