America’s Jeff Bezos, founder of e-commerce giant, Amazon, is becoming a trillionaire in the midst of COVID-19 global pandemic. This is both good and bad news. Good news because it is the reward of foresight and tenacity.Bad news because in the midst of the same pandemic, his e-commerce counterparts in Nigeria are counting losses. The difference is not in the business dexterity of Bezos nor in the poor marketing skills of the Nigerian counterparts. The difference, unfortunately, is how the two governments reacted to the pandemic and its attendant lockdown.While the US government gave a clear signal to e-commerce companies…
Author: Prompt News
President of the Senate, Ahmad Lawan, has distributed food palliatives to thousands of residents in Damaturu and the six local government areas in Yobe North Senatorial District of Yobe State. The local governments are: Bade, Nguru, Jakusko, Yusufari, Karasuwa, and Machina, respectively. The gesture by Senator Lawan was aimed at providing relief to residents in Damaturu, the State Capital and his Constituency, who are affected by the lockdown policy following the spread of the COVID-19 disease. The distribution of palliatives was accompanied with the provision of infrared thermometers, chemicals for disinfection, spraying machines, hand sanitizers, face masks, hand gloves and…
By Harry Awurumibe, Editor, Abuja Bureau The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed has presented to the National Economic Council (NEC) the state of Nigeria’s three Special Accounts just as the Excess Crude Account balance as of May 21, 2020 stands at US$72.04 million. The Minister who spoke to the State House Correspondents after the NEC meeting stated as follows: “Today at Council, the Ministry of Finance, Budget and National Planning reported to Council the funds we have in three special accounts. So, in the Excess Crude Account, we reported the balance at of 21st of…
The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI), which measures inflation, increased by 12.34 per cent year-on-year in April 2020. The NBS made this known in its latest CPI and Inflation Report for the month of April released on Thursday. It stated that this figure showed 0.08 per cent points higher than the rate recorded in March 2020 which was 12.26 percent. It explained that month-on-month basis, the headline index increased by 1.02 per cent in April 2020 and this was 0.18 per cent rate higher than the rate recorded in March 2020 which was 0.84…
Justice Suleiman Dikko, Chief Judge (CJ) of Nasarawa State on Thursday discharged 16 convicted inmates from the Lafia Custodial Centre in compliance with the directive by the Chief Justice of Nigeria (CJN), Tanko Mohammed. Justice Dikko discharged the inmates during a special tour to decongest custodial facilities as part of measures to contain the spread of the novel coronavirus (COVID-19) pandemic. The News Agency of Nigeria (NAN) reports that the CJN had recently directed CJ of all the 36 states and the Federal Capital Territory (FCT), to decongest the facilities by discharging inmates. The Nasarawa CJ explained that he had…
The Defence Headquarters says the Nigerian military under Operation Delta Safe has continued to record more successes in the fight against crude oil theft and economic sabotage in the Niger Delta region. The Coordinator, Defence Media Operations, Maj.-Gen. John Enenche, stated this at a news conference on the operations of Nigerian military on Thursday in Abuja. Enenche said the Nigerian Navy Ship, Delta, had recently located and dismantled illegal refining sites and a wooden boat. He said they contain three coolers, 136 dugout pits and 201 surface metal storage tanks in Warri South Local Government Area of Delta. He added…
Ahead of 2020 Eid-el-Fitr celebration, the Emir of llorin and Chairman Kwara Traditional Council, Alhaji Suleiman Sulu-Gambari, has directed all Muslims in the state to pray at home. The monarch asked ghd faithfu across the 16 local government areas of the state to keep off from Eid praying grounds in compliance with government directive and e perts advice on curbing further spread of Coronavirus (COVID-19) pandemic. Alhaji Abdullahi AbdulHameed, the Chief lmam lmale of llorin, issued the advisory on behalf of the Emir during an interview with the News Agency of Nigeria (NAN) in llorin on Thursday. AbdulHameed, who is also…
The Ondo State House of Assembly, on Thursday in Akure, said that it was not probing anyone in respect of the controversial N4.3 billion state government funds discovered in a secret bank account.The News Agency of Nigeria, (NAN) reports that the discovery was made public in the 2018 Audit Report of the House Committee on Public Account.NAN also reports that the state government had said that the money was appropriated in the 2019 budget and that the state Commissioner for Finance, the Accountant-General and the Auditor-General had been invited and questioned by the Assembly.The Speaker of the Assembly, Mr Bamidele…
By Harry Awurumibe, Editor, Abuja Bureau Apparently to obey the directive of President Muhammadu Buhari to work together with the Presidential Task Force on Covid-19 Pandemic to achieve the desired success, the Nigerian Governors Forum is now ready to do the needful.This much was disclosed on Thursday in Abuja by Governor Mohammed Abubakar Badaru of Jigawa state who spoke to the State House Correspondents after the National Economic Council (NEC).The discussion went thus: Question : How is the current situation affecting other vaccinations apart from polio, are we likely to see a setback as a result of Covid-19? Governor: On…
Chairman, Nigerians in Diaspora Commission (NIDCOM), Abike Dabiri-Erewa, will on Friday, May 22, appear on Public Eye with Funmi Iyanda. It is the fifth in a series broadcast every Friday on Instagram Live at 8pm. With an ongoing focus on COVID-19, the theme for this week’s show is “Diaspora, IDP and Refugee Support.” Mrs. Dabiri-Erewa will discuss the Federal Government’s response to the global pandemic, especially as it affects Nigerians trapped outside the country. The show will also feature head of media and communications of the National Commission for Refugees, Migrants and Internally Displaced Persons (NCFRMI), Alkasim Abulkadir. Also confirmed…