FG in fresh talks with Brazil for $1.2bn loan

The Federal Government is seeking a $1.2bn external borrowing from Brazil to finance agricultural programmes in the 2021 budget. A request for approval has also been transmitted to the National Assembly. The Minister of Finance, Budget and National Planning, Zainab Ahmed, who appeared before the House of Representatives Committee on Finance in Abuja on Tuesday to defend the budget proposed by her ministry, made this known. Ahmed disclosed that the Federal Government sent a request to the National Assembly to approve the loan from the Brazilian government to address issues…

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Second wave of coronavirus infections imminent, FG warns

The Federal Government has lamented the lack of compliance with the PCR test protocol by about 65 per cent of Nigerians returning to the country. This came as Lagos State government, yesterday, warned residents that the continuous disregard of COVID-19 protocols and safety guidelines could lead to a second wave of new infections in Lagos. Disclosing the development, yesterday, in Abuja during a news briefing, Secretary to the Government of the Federation, SGF, and Chairman of The Presidential Task Force, PTF, on COVID-19, Mr Boss Mustapha, said the passports of…

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FG goes tough on #EndSARS promoters, as CBN freezes accounts

There were strong indications on Tuesday that the Federal Government had begun a clampdown on promoters of #EndSARS protests by freezing their bank accounts. Some #EndSARS promoters, who spoke separately to The PUNCH,  said their banks informed them that the Central Bank of Nigeria had directed that their accounts should be frozen. Last months, youths calling for the disbanding of the Special Anti-Robbery Squad of the Nigeria Police protested for two weeks in major cities of the country. On Tuesday, some promoters of the protests said their accounts had been frozen…

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