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April 22, 2024 FG Confirms Nigeria’s Qualification for US$ 2.25b World Bank Loan
IFMUYONEWS

FG Confirms Nigeria’s Qualification for US$ 2.25b World Bank Loan

The Federal Government has announced its qualification for a loan from the World Bank, totaling 2.25 billion dollars.

 

The minister of Finance and Coordinating Minister of the Economy, Mr WALE EDUNunveiled this milestone during a joint press conference held by the Ministry of Finance and the Central Bank of Nigeria (CBN) at the spring meetings of the International Monetary Fund (IMF) and the World Bank in Washington D.C.

 

He said the package, approved by the Board of Directors of the World Bank, offers a 40-year term with a 10-year moratorium and a nominal 1 percent interest rate.

 

He added that Nigeria is set to benefit from budgetary support and low-interest funding from the African Development Bank, noting that negotiations with foreign direct investors are also underway.

April 16, 2024 NIMC Confirms 105 Million National Identification Numbers to Nigerians
IFMUYONEWS

NIMC Confirms 105 Million National Identification Numbers to Nigerians

The National Identity Management Commission (NIMC) has announced that it has issued 105 Million National Identification Numbers (NIN) to Nigeria and aims to capture the country’s over 200 Million population by 2026.

 

The Head of Corporate Communications at the commission, KAYODE ADEGOKE, disclosed this over the weekend.

 

ADEGOKE mentioned that with the introduction of the self-service portal, all modifications are now completed within 24 to 48 hours, stating that it’s a shift from the past where individuals had to wait for months before modifications were made.

 

He also explained the distinction between the NIMC self-service portal and the NIMC mobile app, which has been available for some time.

 

He noted that the two platforms serve different purposes. The mobile app can be used for identification and linking mobile numbers to NINs, while the self-service portal is solely for data modification, a function that is not available on the app.

April 15, 2024 10 Years Later, Some Chibok Girls Yet to be Found
IFMUYONEWS

10 Years Later, Some Chibok Girls Yet to be Found

The global community yesterday marked the 10th anniversary since the abduction of Chibok Girls in Borno state in 2014.

 

To this end Amnesty International said it will document crimes and violations committed by Boko Haram and the Nigerian military against girls since the start of the conflict in North East Nigeria in 2013.

 

The organisation said the report will also detail their unique reintegration needs and aspirations to rebuild their lives.

 

The Director of Amnesty International Nigeria, ISA SANUSI, in a statement revealed over 1,700 children have been abducted by gunmen since 2014 from 17 mass school abductions recorded in six years.

April 11, 2024 NSCDC Allegedly Shot Bystander While Chasing Hoodlums
IFMUYONEWS

NSCDC Allegedly Shot Bystander While Chasing Hoodlums

In Gusau, the Zamfara State capital, yesterday personnel of the Nigeria Security and Civil Defence Corps (NSCDC) allegedly shot and killed a woman while attempting to pursue hoodlums.

 

The NSCDC personnel, reportedly opened fire indiscriminately, in their pursuit of suspected hoodlums armed with dangerous weapons, resulting in the tragic death of an innocent woman.

 

The tragic incident, which occurred while Muslim faithful gathered to observe Eid prayer, has sparked outrage and unrest among residents, leading to an escalation of tensions in the area.

 

In response to the shooting, an angry mob gathered and vented their frustration by setting ablaze an NSCDC vehicle.

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