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FG To Assure Manufacturers Of Better Infrastructure And Forex Access This Year – Adebayo

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To improve Nigeria’s manufacturing capacity in Africa, the Federal Government has stated that it will focus on improving access to power and infrastructure for manufacturers.

“Though many manufacturing companies were facing the issue of foreign exchange shortages, the Federal Government was doing everything it could to assist manufacturers to access forex, particularly for the importation of machineries for those using local raw materials for their production,” said Niyi Adebayo, Minister of Industry, Trade and Investment, while playing host to a delegation of Expand Global Industries Limited.

He stated that the ministry would continue to assist manufacturers in removing any identified bottlenecks that could obstruct their manufacturing process, particularly in terms of ease of doing business.
In a statement, Ifedayo Sayo, the Special Assistant to the Minister on Media, quoted the Minister as saying that his ministry would continue to work with manufacturers to keep them in business for the benefit of investors.

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He also stated that because Nigeria accounts for 200 million of Africa’s 1.3 billion target market, the government wants to make Nigeria the most appealing market to do business in.

Furthermore, he stated that making forex available to manufacturers would increase investor confidence in the country.

He pointed out that the company, which began operations in the country in 2016, has grown to become the country’s second largest detergent producer as of 2019.

According to the Minister, the current major challenge is security, followed by the issue of power, and finally, the issue of general infrastructure.
“There are also delays at ports and other places, and we’ve been given information about what the government is doing to address these issues.”

“We are aware that there is a power problem,” Adebayo said. “However, based on that, what we are doing is creating special economic zones and special industrial parks.”

He went on to say that the industrial parks would have built-in power and all of the necessary infrastructure, and that all anyone needing to start a factory needs to do is go to that industrial park, which would have power and infrastructure.

“Another thing we’re doing is that many industries are investing in the construction of gas pipelines across the country so that you can easily tap into the pipelines and access the gas to power your plants,” he explained. the FG’s power plants, and the FG’s power plants, and the FG’s power plants

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These are just a few of the things the FG is doing to assist the manufacturing sector, he said. He also stated that, because manufacturers believe the price they are being charged for gas is excessive, the FG is working with the Ministry of Petroleum Resources to see how it can help make gas more affordable for manufacturers.

“If you want to do business in Africa, you should start in Nigeria,” he said. “Africa has a 1.3 billion (people) market, with over 2 million in Nigeria, so your best bet is to start in Nigeria and work your way out to Africa.”

However, Rajat Kapur, the company’s Managing Director, requested the Minister’s assistance in obtaining foreign exchange for their production, claiming that having access to forex would increase their capacity to produce more.

Gunmen kidnap the wife of Deputy Chief of Staff, Dr. Samuel Audu Health Director in Plateau

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Dorcas Vem, the wife of Silas Vem, the Deputy Chief of Staff to the Plateau State Deputy Governor, has been kidnapped by gunmen.

Dr. Samuel Audu, a Director in the state Ministry of Health, was also kidnapped by the gunmen in a separate operation.

“The whereabouts of the wife of the Deputy Chief of Staff, Government House, Dorcas Silas Vem, has remained unknown for almost three days now,” a source from the White House said.

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She works at the University of Jos, and her husband, Professor Sonny Tyoden, is the Deputy Chief of Staff in the Plateau State Deputy Governor’s Office.

“Their residence is in Jos’ Little Rayfield, close to the Government House. The woman was on her way to their house when she was approached by gunmen in front of their gate. They forcibly dragged her from her vehicle and drove her to an unknown location. The incident occurred on Sunday, and we have not seen her since.”

According to a worker at the state Ministry of Health who confirmed the director’s kidnapping, he was on his way home after work when he was kidnapped in the Barkin Ladi community by some hoodlums.

“It was only last night,” he explained (Monday). At Barkin Ladi LGA, the Director has a hospital. After attending to an emergency at his hospital, he was driving back to his home in Barkin Ladi when some people appeared out of nowhere and blocked his vehicle at his gate at the Chairman’s quarters.

“He was still calling his wife to open the gate for him when the hoodlums grabbed him and tossed him into their waiting vehicle.

“They abandoned the di­rector’s vehicle with the doors wide open.” We have no idea what is going on in Plateau State in terms of people’s safety because kidnappings and abductions are at an all-time high. Something must be done, and it must be done quickly, before the situation spirals out of control.”

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When contacted, Ubah Ogaba, the Plateau Police Public Relations Officer, said the Command was aware of the abduction of the Deputy Chief of Staff to the State Governor’s wife and that efforts were being made to rescue her.

COVID-19: Starting January 17th, FCTA will ban unvaccinated employees and visitors

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With effect from Monday, January 17, 2022, the Federal Capital Territory Administration (FCTA) has warned that all unvaccinated employees will be denied access to FCTA facilities.

This is part of an effort to keep the deadly COVID-19 virus from spreading in the nation’s capital.

On Monday, January 10, 2022, the FCTA Permanent Secretary, Mr. Olusade Adesola, issued a circular containing this warning.
The circular was sent to the Executive Secretary of the Federal Capital Development Authority (FCDA), all mandate secretaries, AMMC and STDD coordinators, and all Department and FCTA agency heads.

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Mr. Olusade stated that the circular was in line with a previous Federal Government circular allowing employees in Grade Level 12 and below to return to work.

As part of the measures to curb the spread of the virus, all employees must show proof of COVID-19 vaccination or present a negative COVID-19 PCR test result done within 72 hours on a continuous basis, according to the circular with reference No. HCSF/3065/Vol.1/107 dated November 26, 2021.

“All members of staff are therefore required to show evidence of COVID-19 vaccination or present a negative COVID-19 PCR test result done within 72 hours, failing which such members of staff will not be allowed to enter the office premises beginning Monday, January 17, 2022,” according to the circular.

It also stated that because FCTA facilities are public buildings, all visitors and clients who come to conduct business are required to follow this directive.

The Health and Human Services Secretar­iat (HHSS) had also made free vaccination points available in all FCTA premises, according to the permanent secretary, to provide an opportunity for staff and visitors to get vaccinated.

He did warn, however, that persistent noncompliance or refusal to be vaccinated by employees would be dealt with according to the Public Service Rules (PSR).

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Mr. Olusade explained that, in order to ensure strict compliance with this circular, the Senior Special Assistant on Monitoring, Inspection, and Enforcement, in collaboration with the Director of Security Services, has been ordered to install surveillance at all entry points to prevent violators from gaining access to FCTA offices beginning next Monday.

36-year-old man arrested in Delta for allegedly abducting a pastor

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Felix Osagie, 36, has been arrested by the Delta State Police Command for allegedly abducting a pastor in Oghara, Ethiope West Local Council of the state.

Osagie Felix Ologbo, a native of Edo State, was arrested yesterday with the pastor’s snatched Lexus 330 SUV, according to the Command’s spokesperson, DSP Bright Edafe, who confirmed the arrest yesterday.

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“On January 10, the DPO Oghara Division, CSP Jimoh Hassan, received information from the DPO new Etete Division in Benin City, that a pastor was kidnapped along with his black-colored Lexus 330 SUV marked KWL 510 BH on January 9, 2022, and that a painstaking technical intelligence revealed that the vehicle was parked along Ibori Road in Oghara,” Edafe said.

According to him, the DPO Oghara Division directed his men to the area where the said vehicle was spotted, and upon seeing the vehicle, operatives set up an ambush and waited for the suspects to arrive, which they did, but two of them escaped into the bush when the police pursued them.

He went on to say that luck was not on Osagie Felix’s side, who later confessed to being a member of the kidnapping ring that kidnapped the pastor in Benin.

Read also:  Umahi informs Buhari of his 2023 presidential ambitions, with an eye on presidency

According to Edafe, Osagie led the operatives to the Freedom View Hotel in Oghareki, where they were hibernating, and when the operatives searched his room, they discovered a cut-to-size double-barrel pistol, six live cartridges, and N410, 000, which was part of the N500, 000 ransom payment, as well as a double barrel pistol, ten live cartridges, and a laptop.

He went on to say that the victim’s vehicle had been taken to the station and that efforts to apprehend the fleeing suspects had been stepped up.

Umahi informs Buhari of his 2023 presidential ambitions, with an eye on presidency

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The race for the ruling All Progressives Congress’s (APC) presidential ticket in 2023 is heating up, with Governor Dave Umahi of Ebonyi State declaring his interest in the nation’s top job yesterday.

Similarly to former Lagos State Governor Bola Ahmed Tinubu, who met with President Muhammadu Buhari at the State House in Abuja yesterday to inform him of his presidential ambition, Umahi met with the president at the villa and sought his blessing for his presidential ambition.

After a closed-door meeting with President Muhammadu Buhari, the governor told reporters that he had “fruitful discussions” with him on politics in general and security challenges in the south-east, “which was the main reason for the visit.”

On politics, Umahi revealed that the conversation focused on the APC’s progress, the 2023 general elections, and his interest in running for president.

He also stated that after serving as governor for more than six years, he was well-positioned to run for president on the APC ticket.

“We talked about politics and how our party, the APC, is growing in Nigeria and the south-east. And, of course, you’re aware of the south-interest east’s in the presidency in 2023. And, of course, I told Mr. President that, regardless of the party’s decision, which we will respect, if the party opens or zones the ticket to the southern part of Nigeria, I believe that, based on what I’ve put in place over the past six years, I’ll be running for president on the APC platform.

“So I told him, and of course, he believes that anyone running for president of this country must consult widely, meet with all of the leaders, and do everything possible to eliminate ethnicity and religion from our politics.” “In order for this country to develop.”

When asked if he felt threatened by Tinubu’s interest in the same presidential ticket, he clarified that he was not contesting with anyone.

“I’m not competing with anyone; I’m competing with myself,” he said.

While citing a Bible passage to support his ambition, Umahi added that God’s will would win out in the end.

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“The Bible that I swore with in a section of 1 Samuel says that no man shall prevail by strength, and power and might belong to God,” he says. He gets to choose whom he wants, and he’ll do so in 2023.”

In terms of what he has to offer Nigerians as a presidential candidate, the governor stated that he would pick up where President Buhari left off in 2023.

“So, if God permits, we want to treat the country in such a way that what we’ve done becomes a microcosm of the macrocosm that we expect.” We’re also confident that we’ll be able to carry on with what Mr. President has started.

“Ethnicity, religion, and the unpatriotic characteristics of many people are among the most serious problems we face in this country.” And I believe that engagement should begin where Mr. President would have left off.

“God willing, and if the people of this country wish it, we’ll be looking at the same thing we did in Ebonyi state under Umahi’s presidency.” Before we came on board, we were a state that had been written off, with no infrastructure to speak of.

“However, I must commend the first two civilian governors, Dr. Sam Egwu and Chief Elechi, who accomplished a great deal despite the fact that they arrived in the midst of the nation’s dust, Ebonyi State.”

“As a result, they faced a number of difficulties.” As a result, I can say that they laid the groundwork for me to build on. As a result, there are numerous things that we have accomplished in Ebonyi.”

The governor also stated that he spoke with the President about resolving the security crisis affecting the country’s south-east region through political solutions, which he believes can be achieved through consensus and out-of-court settlements.

“Let me also add that, as chairman of the South-east Governors’ Forum, I am in favor of a political solution to our insecurity issues in the south-east.” Of course, I told Mr. President about it. You see, a political solution does not end the judicial process, and if you know Mr. President well, you know that he has consistently stated and demonstrated that he will not interfere with any judicial process.

“Everyone knows who he is because of that.” But you’ll recall that if a deal is reached between the parties, you shouldn’t expect Mr. President to be the negotiator; there are a lot of federal and government officials involved.

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“So, I believe strongly that as a south-east region proposing a political solution, we should be able to engage the federal government; after all, there’s always the ‘out of court settlement,’ but it is for our people and our brother Kanu to be willing for us to truly engage so that we can find true peace in our region because the activities there have destroyed a lot of the economy of the south-east, and a lot of lives have been lost,” she said. We were yelling that it wouldn’t help because the agitation shouldn’t have gone the way it did.

“Today, the situation has progressed beyond their control. Every criminal, kidnapper, and armed robber claims IPOB, and IPOB fights them, but I believe it is too late.

“So, we want peace, we want to save our people’s lives, and we’re willing to engage in order to reach an amicable settlement and rebuild the southeast’s economy,” he said.

When asked what he thinks should be the starting point for engagements for a political solution to the south-east security challenge, the governor said, “South-east leaders, of course, not all of them, must be selected leaders, and already the Ohaneze and Chief Mbazurike are in the forefront and have always been briefing me, so I’ve joined them with Southeast governors.”

“That could be a good place to start, and we’ll be able to figure out what we want.” We want peace, so there are some things we must give up in order to achieve it.

“If we aren’t being treated fairly, and some people believe we aren’t being treated fairly, we should be able to constructively show the federal government the areas where we believe we aren’t being treated fairly.”

“Not through hate speeches, not through violence, I don’t believe in these things,” he said, “because even in homes, in families, we still have one thing or another against the family, but they should be able to discuss.”

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When asked if he had contacted Ohanaeze Ndigbo, the governor stated categorically that the group should not be involved in party politics.

“I wouldn’t have done that without first clarifying with Mr. President that there is a sense in the south-east that we haven’t had a President, and that our people believe that those of our leaders in the various political parties should indicate interest in running for President, and that this is fair and important.”

“However, at the end of the day, God Almighty and political parties will decide.” The leadership of the Ohaneze should not engage in political maneuvering. Yes, they can speak for the interests of the south-east, and they can speak for fair treatment of the people of the south-east, but in the interests of equity, justice, and fairness, and to ensure that all political parties and aspirants have a level playing field, they should not get involved in politics of who to support or who not to support.”

Umahi described last week’s statement by Plateau State Governor, Mr. Simon Lalong, that the Progressive Governors’ Forum (PGF) should have met last weekend as “misinformation.”

“I’m not Mr. President,” he says, “and I don’t believe the governor you mentioned should have spoken for the party because if it’s the APC Governors’ Forum, we have a leader, a chairman who is His Excellency, the governor of Kebbi State.”

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When I called him, he wasn’t even aware of the meeting, and if it’s the party administration, we’ve got His Excellency, the governor of Yobe State.

“If we’re going to have a press conference on Sunday, I think these two would be able to speak to the press.” So I didn’t know, and I had to ask the chairman of the APC Governors Forum, who didn’t know either. As a result, I’m not sure the meeting took place.”

Nigeria yet to vaccinate 50% of the target population against COVID-19, says FG

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Since the vaccination campaign began last year, the federal government has claimed that only half of the country’s eligible population has been vaccinated.

However, it stated that clear plans are in place to reach the goal of vaccinating 56.8 million Nigerians (50 percent) by the first quarter of 2022.

Dr. Binta Bako, the manager of the COVID-19 Crisis Communication Centre, said in Abuja yesterday that Nigeria had received about 33 million doses of different types of COVID-19 vaccines since March 2021.

Bako gave an update on the vaccination campaign, saying, “We haven’t reached 50% of our target population; about four million people, or less than 50% of those who received their first dose vaccination, have received their second dose.”

Only Nasarawa and Jigawa states, according to Bako, have reached more than half of their target population.

She also stated that the booster dose was critical for optimal protection and should be administered six months after the second dose.

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According to Bako, the data collected did not take into account time intervals and was instead based on previous campaigns.

She also revealed that the country has been using Pfizer vaccine exclusively for booster doses since December 10, 2021, and has now begun using it for first and second doses as well.

Bako said the agency had identified some success factors that could be linked to states with high performance in the ongoing mass vaccination rollout, and that states with high performance were seen to have a high level of ownership in the government’s SCALES strategy for ramping up COVID-19 vaccinations.

According to the NPHCDA’s progress report, 11,594,316 people (9.8%) had received the first dose, 4,759,637 (4.3%) had received the second dose, and 155,278 had received the booster dose as of January 8, 2022.

Bako stated that lessons would be drawn from high-performing states, such as Nasarawa, that had implemented commendable initiatives in the future.

“In accordance with the NPHCDA’s strategy, a joint task force chaired by the Executive Secretary was immediately formed with members from NAPHDA, the State Security Services, the National Agency for Food and Drug Administration and Control (NAFDAC), the Independent Corrupt Practices Commission (ICPC), and the State Ministry of Health,” he said.

Bako said that motorized rallies were held across the country’s local government areas as part of the strategy to increase vaccination rates.

She went on to say that there was also entertainment provided by local artists and comedians in tertiary institutions, motor parks, and all of the designated mass vaccination sites.

Bako also urged Nigerians who had already received the first dose of the Covid-19 vaccine to return for the second.

Dr. Eunice Damisa, Director of Communication and Advocacy at the National Primary HealthCare Development Agency (NPHCDA), also spoke at the event, stating that the agency had expanded vaccine access, resulting in increased coverage and reduced hesitancy.

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“We’re working with community gatekeepers across the country, such as traditional and religious leaders, to instill confidence in the vaccines’ efficacy among their followers.”

“The first and second doses are separated by a time interval. While we acknowledge that there are dropouts in terms of people failing to show up for the second dose when it is due,” she said.

Politics and Leadership Principles of Lawan’s

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Ahmad Lawan believes that when institutions work together, the public interest is best served.

Taking an active role in partisan politics was not on Ahmad Ibrahim Lawan’s mind when he graduated from the University of Maiduguri with a B.Sc. in Geography in 1984. The young man didn’t think he was good enough for the “dirty game.” Rather, he was solely concerned with academics. So he spent the next ten years in the Ivory Tower, researching and disseminating knowledge for the sake of societal enlightenment and development. He was good enough at what he was doing that the European Union offered him a scholarship in 1990, one of only a few from the northern part of Nigeria at the time to be given the opportunity.

Lawan earned master’s and doctoral degrees in remote sensing and geographic information systems from Cranfield University in the United Kingdom, and returned home in 1996. (GIS). He returned to academic work until 1998, when he was persuaded to enter politics.

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Lawan, a newcomer to the game, quickly realized that politics is not the same as academia. It is safe to say that his early political experiences in his home state of Yobe were not pleasant. He once said, “It was a near disaster.” He was like a fish out of water, and his grassroots supporters had to teach him the ropes of practical politics. “Dr., this is not an academic setting.” You are no longer a student at the university. A worried supporter once told him, “This is politics, and it’s not about blowing big grammar.” He’s learned to flow with his people since then. They instilled in him the desire to be a part of them. And to be a servant to the people if ever elected to a position.

Lawan has since mastered the art, and it is by God’s grace that he has progressed this far. Since 1999, Ahmad Ibrahim Lawan has been the clear choice of his people to represent them in the National Assembly in six consecutive polls. And he has remained a part of his constituents’ lives and a servant to them. He is currently the Senate President.

He has, however, refused to compromise his values. Politics, according to Lawan, is not a game of deception. “I don’t believe in deception in politics.” When addressing his constituents in Gashua, Yobe State, Lawan once said, “I prefer to call a spade a spade.” His adherence to that principle has both gained and cost him some friends. However, it has helped him earn the trust of his constituents, allowing him to become one of Nigeria’s longest-serving federal lawmakers.

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Lawan cannot be persuaded to act against his convictions, as anyone who has worked with him can attest. This is perceived as rigidity by some. But if you say that to Lawan, he’ll take it as a compliment, because he believes he’s fighting for the greater good.

He once described the enormous pressure he and his colleagues were under in 2006 to back the now-defunct Third Term Agenda. Lawan was then lobbied repeatedly in the House of Representatives to lend his support to the removal of a pillar of democratic stability. Despite threats of being denied a return ticket to the National Assembly, he flatly refused. However, the same Lawan was instrumental in calming down his House colleagues when they attempted to impeach President Obasanjo for what they saw as impeachable offenses committed by the then-president.

More recently, as Senate President, he faced opposition from some powerful oil industry stakeholders who opposed passage of the Deep Offshore and Inland Basin Production Sharing Contract Act amendment Bill. Lawan resisted the pressure because he was convinced that the amended bill would benefit the Nigerian economy greatly. When the Ninth Assembly faced the jinx of the Petroleum Industry Bill, he was subjected to similar pressure (PIB). But Lawan stood firm once more, and the two-decade-old curse was finally broken.

Lawan was a member of the opposition until 2015. On virtually every topic, his voice was always loud. Lawan was well positioned for the coveted position of Senate President by the time his party took control of the National Assembly. He did, however, miss it on the first try. He didn’t lose the election for the seat, mind you. He was cheating his way out of the race.

He accepted the June 2015 shenanigans in good faith as a devout Muslim. He believes that everything works out for those who have good intentions.

Lawan is a staunch supporter of his party both inside and outside the legislature. As a result, he was offered the position of Senate Majority Leader by the ruling All Progressives Congress (APC). Lawan had gained additional experience in that role, which allowed him to preside over the Upper Chamber and, as Chairman of the National Assembly, to steer the affairs of the revered Institution, by the time he became the 14th Senate President in 2019.

He had a clear vision of what he wanted to accomplish and the leadership strategy for maintaining unity and common purpose in the Senate and the National Assembly in general right from the start. He believes that a house of chaos, no matter how high it is, is useless to anyone.

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This is why, under Lawan, the Ninth Assembly’s defining characteristic is its cordial working relationship with the other branches of government, particularly the Executive. However, this was accomplished without jeopardizing Parliament’s independence or the doctrine of separation of powers.

People who prefer hostility to amity between the two elected branches of government are understandably upset. They’ve been relentless in their attacks on him, and they’ve unfairly referred to the ninth Assembly as a rubber stamp.

Do you think Lawan is bothered by this? Instead, he considers himself fortunate to be Senate President at a time when the Executive branch of government is led by a willing partner for cooperation.

The fact that President Muhammadu Buhari ardently desires a healthy working relationship with Parliament is often overlooked. This is so that he can keep his promises to the Nigerian people and fulfill his mandate. As a result, both sides have chosen to deal with the inevitable conflicts with cool heads and their eyes fixed on the government’s development goals.

The outcomes support the path they’ve both chosen. Many executive bills were declared dead on arrival at the National Assembly in the previous Assembly. Moreover, many private member bills that were passed were returned to sender.

That situation, according to President Buhari, was unhealthy and should not be repeated because the Nigerian people were the losers. Since June 2019, both leaders have been fully committed to building a cordial working environment between their two co-dependent institutions through reciprocity for the smooth operation of government and the benefit of the nation.

Let’s take a look at some of the benefits of this peace. Abubakar Malami, the Attorney-General of the Federation and Minister of Justice, was at the National Assembly in October 2019, just four months after the Ninth Assembly was inaugurated, to meet with its leadership. Malami pleaded for a cooperative relationship between the two branches of government that would facilitate the passage of executive bills after due consideration by lawmakers, as well as presidential approval of private member bills. His action was intended to avoid a repeat of the Assembly’s recent history. “We cannot afford to spend resources, time, and energy formulating and drafting bills that will not be passed or assented,” Malami told National Assembly leaders.

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President Buhari also established an Executive, Legislative, and Party Consultative Forum in September 2020, led by Vice President Yemi Osinbajo, to promote governance harmony and improve service delivery to Nigerians. “I am a firm believer in the separation of powers doctrine, which is fundamental to our constitutional democracy. “However, our practice should be one of harmonious checks and balances, free of bitterness and petty rivalry,” Buhari told the tripartite panel members.

The preceding details some of the steps taken by the Executive to promote mutual cooperation with the legislature. They were well-received by most lawmakers and Lawan, who have chosen a peaceful relationship with the executive over unnecessary confrontation.

Despite his reservations, President Buhari signed the 2022 Appropriation Bill into law on Christmas Eve, in the spirit of that relationship.

In addition, despite the president’s reservations about some of the provisions, the Petroleum Industry Bill (PIB) received presidential assent. Buhari signed the PIB into law and then proposed a revision to it. The president signed the Deep Offshore and Inland Basin Production Sharing Contract Act Amendment Bill into law while receiving medical treatment in London. That was a unique situation. However, that haste stemmed from a shared understanding between the arms to thwart powerful stakeholders who were hell-bent on scuttling the bill.

We must not forget how the President directed the MDAs to respond promptly to invitations from National Assembly committees to defend their proposals in order to ensure that budgets were passed on time. The quest for a regular, predictable, and reliable budget cycle would have remained a mirage if it hadn’t been for this collaboration between the National Assembly and the Executive.

The Ninth Assembly, led by Lawan, is determined to work for Nigeria rather than play to the gallery. You can be confident that the Electoral Act Amendment Bill will be resolved in the best interests of Nigerians in the same spirit.

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Out of a conviction gained over two decades in parliament, Lawan has contributed to facilitating a new atmosphere in inter-arms relationships. This conviction is that the public good is best served when institutions collaborate without abandoning their missions. The creation of that atmosphere is a legacy that even a reluctant politician can be proud of.

On the occasion of his 63rd birthday, Lawan, the Sardaunan Bade, is honored with this reflection on his politics and leadership principles.

World Bank says the Nigerian economy is expected to grow by 2.5% in 2022

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The Nigerian economy is expected to grow by 2.5 percent in 2022, up from 2.4 percent in 2021, according to the World Bank.

This was revealed in the Washington-based organization’s latest Global Economic Prospects report, which was released on Tuesday.

Higher oil prices, as well as faster growth in telecommunications and financial services, were credited with the rebound, according to the bank.

“Growth in Nigeria is expected to pick up to 2.5 percent in 2022 and 2.8 percent in 2023,” according to the report.

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“Higher oil prices, a gradual easing of the Organization of Petroleum Exporting Countries (OPEC) production cuts, and domestic regulatory reforms should benefit the oil sector.”

“Service sector activity is expected to pick up, especially in telecommunications and financial services.” The reversal of pandemic-induced income and employment losses, however, is expected to be slow; this, combined with high food prices, is expected to slow the recovery of domestic demand.

“High levels of violence and social unrest, as well as the threat of new COVID-19 flare-ups, will continue to stifle non-oil economic activity, with remaining mobility restrictions being lifted cautiously due to low vaccination rates — only about 2% of the population had been fully vaccinated by the end of 2021.”

New threats from COVID-19 variants, as well as an increase in inflation, debt, and income inequality, could jeopardize the recovery in emerging and developing economies, according to the report.

In countries like Angola, Nigeria, and South Africa, per capita income is expected to be lower in 2022 than it was a decade ago.

“After barely increasing last year, per capita incomes are only expected to recover at a slow pace in 2022-23, rising 1.1 percent per year, leaving them nearly 2 percent below 2019 levels,” the report states.

“Per capita incomes in South Africa and Nigeria are expected to remain more than 3% below pre-pandemic levels in 2023.”

Global growth is expected to slow significantly from 5.5 percent in 2021 to 4.1 percent in 2022, then 3.2 percent in 2023, according to the report.

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According to World Bank President David Malpass, the world economy is facing COVID-19, inflation, and policy uncertainty at the same time, with government spending and monetary policies in uncharted territory.

“Inequality is rising, and developing countries are facing security challenges,” he added.

“Putting more countries on a path to prosperity necessitates coordinated international action as well as a comprehensive set of national policy responses.”

The rapid spread of the Omicron variant, according to the World Bank, indicates that the pandemic will continue to disrupt economic activity in the near future.

According to the report, a significant slowdown in the world’s two largest economies, the United States and China, would reduce exports from emerging and developing economies.

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“New Covid-19 outbreaks, persistent supply-chain bottlenecks and inflationary pressures, and elevated financial vulnerabilities in large swaths of the world could increase the risk of a hard landing,” the report adds, “at a time when governments in many developing economies lack the policy space to support activity if needed.”

Actor Majid Michel reveals how drugs got him into a street fight before being born again

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During his acting career, actor Majid Michel revealed that he experimented with drugs and got into street fights.

In an interview with Joy FM, the Ghanaian actor, who recently became an evangelist, revealed this.

Majid admitted to abusing narcotics before becoming born-again.

“I used to go out and drink, we used to go out and booze, we used to go out and smoke, and we used to get into fights on the streets.” So, I experimented with drugs, and we tried something to see how it went.

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“At Members next to Glenz at Osu, we get into fights,” he said.

The evangelist cautioned youths to be wary of the people they associate with because they may negatively influence them.

He, on the other hand, stated that, while he now knows God, he has never enjoyed going to church.

“Friends are extremely important. Choose them carefully because the people you associate with have an impact on how your life turns out.

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“Any young guy out there listening to me, be careful who you associate with because it will have a serious impact on your future.”

“Going to church has never been a pleasurable experience for me.” “I don’t go to church because getting out of bed in the morning is a chore for me,” the actor explained.

 Katsina Electoral Commission set date for local government elections

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The Katsina State Independent Electoral Commission (KTSIEC) has set the date for the state’s Local Government Election for 11 April 2022.

On Tuesday, KTSIEC Chairman Ibrahim Bako made the announcement while speaking to journalists at the commission.

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“It is my pleasure to officially announce that the Local Government Councils Election in the State will be held on Monday, April 11th, 2022,” Bako said.

The KTSIEC Chairman, on the other hand, stated that the announcement is effective from January 11th to April 11th, 2022, and that it is being made with ninety days (90) notice in accordance with the Electoral Act 2010 as amended.”

Bako advised all stakeholders to strictly follow the laws and guidelines governing the conduct of the state’s Local Government Council.

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He also stated that the “election guidelines and schedule will be distributed to all and sundry in due time.”