Aso Villa Reads for Wed. 25th August, 2021.

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

The International Civil Aviation Organisation, the United Nations agency that promotes order in civil aviation globally, has granted approval to Nigeria’s Accident Investigation Bureau for the digitalisation of accident investigation reporting. Commissioner/Chief Executive Officer, AIB, Akin Olateru, disclosed this while speaking on the side-lines of a two-day industry engagement on the review of accident reports organised by the bureau in Abuja. PUNCH

The Federal Government on Wednesday inaugurated the National Policy on the Implementation of Science and Technology Education and its implementation guidelines on how science and technology would be taught in schools. According to the Permanent Secretary, Federal Ministry of Education, Sonny Echono, the national policy would also highlight training of science and technology teachers across the country. PUNCH

The federal government has jacked up the loan portfolio of TraderMoni to N50,000 representing a 400 per cent increment. The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq disclosed this during the flagging off of the restructured GEEP 2.0 (Government Enterprise Empowerment Programme) in Abuja. The portfolio, which is for marginalized youth previously used to be N10,000. The FarmerMoni was also increased to N300,000 respectively. THISDAY

In a development that shows sustained investors’ confidence in the Nigerian debt market, the federal government through the Debt Management Office (DMO) raised a whooping N1.923 trillion from bond auctions from January till date. The government raised the funds through the FGN bonds, mostly for high net worth institutional investors and saving bonds, primarily for retail investors, through the Debt Management Office. THISDAY

The Executive Vice Chairman, Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has commended 9mobile for driving initiatives that empower Nigerian youths, especially in digital skills acquisition. Danbatta gave the commendation while delivering a lecture at the launch of the Digital Bichi Emirate Initiative and graduation of the pilot class of the 9mobile sponsored digital skills entrepreneurship program for youths as part of activities to mark the coronation of the Board Chairman of 9mobile, His Highness, Alhaji Nasir Ado Bayero as the second Emir of Bichi. THISDAY

President Muhammadu Buhari has congratulated Nigeria’s athletes to the just concluded World Athletics U20 Championships in Nairobi, Kenya for their outstanding performances. Nigeria won four gold and three bronze medals to finish third on the medal table. Over 110 countries participated in the biennial junior track & field competition. THISDAY

Barring any further delay in the actualization of the nation’s Special Agro-Industrial Processing Zones (SAPZ), the Minister of Agriculture and Rural Development (FMARD), Muhammad Nanono has revealed that the machnaization policy would kick off by the first quarter 2022. He disclosed this in a statement released by the Chief Information Officer, Ezeaja Ikemefuna, for Director of Information Federal Ministry of Agriculture and Rural Development. THISDAY

The Federal Government has commenced the training of youths in the South-South zone, in vocational skills and trades to address youth unemployment in that zone. Festus Keyamo, SAN, Minister of State for Labour and Employment, who flagged off the programme in Warri, Delta State, stated that the training was part of Government’s commitment to providing solutions to youth unemployment nationwide, through the National Training Programme for Youths on Vocational Skills Acquisition/Emerging Trades. INDEPENDENT

The Federal Government has commenced training of personnel of ministries, departments and agencies (MDAs) for the timely preparation, submission and approval of the 2022 national budget. The training is based on the Government Integrated Financial Management Information System-Budget Preparation Sub-System (GIFMIS/BPS) as part of its Public Financial Management (PFM) reforms. GUARDIAN

The Minister of Agriculture and Rural Development, Alhaji Muhammad Nanono, on Monday, disclosed that the Federal Government will kick-start its agricultural mechanisation programme in the first quarter of 2022. The minister disclosed this at the opening of the ” Feed Nigeria Summit 2021″ with the theme, ” Post COVID-19: A Repaired food system, pathway to a revived economy,” in Abuja. BUSINESSDAY

Nigeria’s foreign reserves will get a timely boost on Monday when the country’s share of $3.5billion from the $650 billion Special Drawing Rights (SDRs) approved by the International Monetary Fund (IMF) to boost global liquidity, matures for collection. Consequently, the nation’s foreign reserves currently put at $34billion will hit the $37billion threshold, which will boost the capacity of the Central Bank of Nigeria (CBN) to fund higher volumes of external transactions and achieve a further convergence of the exchange rate around the I & E window. ARISETV

The Federal Airports Authority of Nigeria has commenced the installation of check-in and screening equipment at the Murtala Muhammed Airport, Lagos and Nnamdi Azikiwe International Airport, Abuja. According to a statement signed by the General Manager, Corporate Affairs, FAAN, Mrs Henrietta Yakubu, the equipment being installed are to address the recent challenges in airport operations and facilitation of management systems at airports. PUNCH

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has said it is reviewing the revenue allocation formula that will be ready for presentation to President Muhammadu Buhari by the end of 2021. Elias Mbam, chairman of the commission, made this known while addressing journalists in Abuja. Mbam said the review was one of the major responsibilities of the commission and was last done in 1992, which was 29 years ago. He said that according to the constitution, the formula, which has been accepted as an act of the National Assembly, would remain in force for a period of not less than five years. BUSINESSDAY