Every day, we at 234post bring you the best stories that the Media is reporting about the Government of Nigeria.
The Bank of Industry said it has verified over 64,000 companies that applied to benefit from the Payroll Support scheme of the Federal Government and paid 311,000 beneficiaries under the scheme. A statement on Tuesday said the BOI Stakeholder Engagement Representative, Mr Akan Ekure said, while some companies had received N50,000 for payroll support, beneficiaries from other companies were paid N30,000 based on salary grades before the pandemic. [Punch]
The President, Muhammadu Buhari, on Tuesday justified the decision of his regime to construct a rail line linking Nigeria with Niger Republic despite criticisms that trailed the announcement of the plan. He said connecting Niger Republic through rail would, among other benefits, foster trans-Sahara trade and contribute to the expected gains in the African Continental Free Trade Area Agreement. Buhari said, “This vital infrastructure line will establish an end-to-end logistic supply chain in railway transport services between Northern and Southern regions of the country, reaching Nigerian southern ports of Lagos and Warri.” [Punch]
The federal government has said it will ensure the full implementation of the ECOWAS Brown Card Insurance Scheme to guarantee prompt compensation to victims of road accident within the sub-region. The Minister of Finance, Budget and National Planning, Zainab Ahmed stated this in Abuja. She noted that the existence of the scheme and its effective implementation would stimulate integration of the West African regional block preparatory to the full implementation of the AfCFTA which was a huge step in the right direction for economic integration. [This Day]
Dr Boboye Oyeyemi, the Corps Marshal, Federal Road Safety Corps (FRSC), has inaugurated a committee on the establishment of the National Road Assessment Programme (nRAP), to enhance safer road infrastructure. Corps Public Education Officer Bisi Kazeem announced this in a statement issued on Tuesday in Abuja. Oyeyemi also said that it was targeted to purposely enhance existing road safety engineering practices and create safe road infrastructure for all road users. [Vanguard]
The Federal Government has secured the sum of $500 million support from the World Bank to deal with the challenges of adolescent girls in the country who are out of school or have never been to school. Minister of Education, Mallam Adamu Adamu, who made this known in Abuja said, the facility was secured to ensure that the girls are taken off the streets, trained and financially empowered to enable them to live normal lives. He noted the full implementation of the project under the Adolescent Girls Initiative for Learning and Employment programme (AGILE) would begin this year. [Tribune]
The Minister of Trade and Investment, Chief Niyi Adebayo, said investors in Nigeria have been assured that government will be their major consumer by ensuring that their products and services are duly patronized by its agencies as well as Nigerians. Adebayo while addressing a delegation of Daniel Franco Institute who visited him to seek his support for the setting up of the Rabelat Entrepreneurship Centre for Animal Husbandry (RECAH) in Nigeria said the Federal Government would continue to do its best to make the country a safe destination for investors. [Tribune]
The Federal Government has inaugurated the Sector Skills Council on Construction with the core mandate of tackling the skills and productive needs of the construction industry. While delivering his speech at the occasion, the Minister of State for Works and Housing, Abubakar Aliyu, said the council is geared towards addressing the challenges of skills gap, supply, quality and demand in the building sector, adding that it would also ensure establishment and maintenance of strategy for the coordination and incorporation of emerging trends in skills development. [Tribune]
The Federal Government (FG) on Tuesday called on stakeholders to ensure cost optimization to achieve the $10 or less per barrel oil production cost target. It said this became imperative to keep the Oil and Gas Industry afloat in Nigeria. The Minister of State for Petroleum Resources, Timipre Sylva, stated this at the launch of the Nigerian Upstream Cost Optimisation Programme (NUCOP), in Abuja. [Tribune]
The Minister of State, Agriculture and Rural Development, Hon. Mustapha Baba Shehuri has flagged-off the distribution of some farm inputs to small holder farmers in Borno State. The farm inputs distributed include; certified rice seeds — faro 44(24MT), Maize foundation seed (15MT), Cashew nuts (1,5MT) Groundnut foundation (2.5MT),Cashew seeds (1.5MT), Castor foundation (1MT), 3HP irrigation water pumps and among others. [Daily Times]
