Connect with us

Lifestyle

House Concurs with Senate, Okays FG’s $8.3bn, €490m External Borrowing Plan

Published

on

The House of Representatives on Friday, approved President Muhammadu Buhari’s request for ongoing external loans to the tune of $8,325,526,537 (USD) and €490,000,000 (Euros) under the 2018-2020 External Borrowing (Rolling) Plan.

The approval followed the consideration and adoption of the interim report on the 2018-2020 External Borrowing (Rolling) Plan by the Committee on Aids, Loans and Debt Management.

Presenting the report, the Committee Chairman, Hon. Ahmed Dayyabu Safana explained that the terms and conditions of the loan from the funding agencies will be forwarded to the National Assembly prior to the execution of same for concurrence and proper documentation.

According to the lawmaker, the funding agencies are: World Bank – $796,000,000; China Exim Bank – $2,901,026,509; Industrial Commercial Bank of China – $2,484,555,304; African Development Bank – $104,200,000; Africa Growing Together Fund – $20,000,000; French Development Agency – €240,000,000; European Investment Bank – €250,000,000; European ECA/KfW/IPEX/AFC – $1,959,744,724; and International Fund For Agricultural Development (IFAD) – $60,000,000.

Culled from This Day News Nigeria

Continue Reading
Click to comment

Leave a Reply

Journal and Papers

World Association for Academic Doctors, WAAD announces new book on global issues

Published

on

The World Association for Academic Doctors (WAAD) is proud to announce the release of its sponsored book, “Twenty-First Century Issues – Perspectives on Climate Change, Pandemics, and Digital Transformation.” This groundbreaking book, published by the esteemed Rowman & Littlefield Publishing Group, delves into the complex interplay between the challenges of the Twentieth and Twenty-First Centuries.

Dr. Henrietta Okoro, President of WAAD, describes the book as a thought-provoking compilation of academic work exploring global challenges’ impact on health, economics, and digital transformation. Authored and edited by a diverse team of academics from various disciplines, the book comprehensively examines the interconnectedness of the past, present, and future.

From the effects of globalization on health disparities and economic realities to the ever-evolving landscape of digital technology, “Twenty-First Century Issues” provides readers with valuable insights into navigating the complexities of our rapidly changing world. Dr. Okoro believes that by embracing the practical strategies outlined in the book, individuals and organizations can play a crucial role in shaping a more sustainable and prosperous future for all.

WAAD, a global academic organization, is committed to turning innovative ideas into reality through cooperation, collaboration, and communication among diverse intellectuals and professionals worldwide.

Continue Reading

Africa

American celebrities just granted Ghanaian citizenship

Published

on

Here are American celebs among over 500 people from the Black diaspora granted Ghanaian citizenship

Since the launch of Ghana’s “Year of Return” program in 2019, hundreds of African Americans have visited the country to experience the history, culture and tradition upfront.

The Year of Return is an initiative by the government of Ghana to mark 400 years since the first black slaves landed in Jamestown, Virginia .

The initiative saw an array of celebrities across the globe make their way into Ghana to explore, learn and appreciate their roots, as well as, unite with Africans on the continent. Steve Harvey, Nicole Ari Parker, Diggy Simmons, and Micheal Jai White, and Bozoma Saint John were among a host of celebrities who spent some time in Ghana following the launch of the initiative in 2019.

As part of the yearlong “Year of Return” celebrations, then-president of Ghana, Nana Addo Dankwa Akufo-Addo, granted citizenship to 126 diasporans who had been residing in the West African nation for years.

Last two months, before leaving office, Ghana’s President Akufo-Addo granted citizenship to 524 diaspora members, mostly Black Americans. Reality stars Yandy and Mendeecees Harris and activist Dr. Umar Johnson were also granted Ghanaian citizenship recently.

The November group was the largest one granted citizenship at one time since Ghana launched the “Year of the Return” program, the Associated Press reported. Ghana extended the program into “Beyond the Return” to continue its engagement with the diaspora community.

During the historic swearing-in ceremony, Akufo-Addo urged the new citizens “to bring their experiences and expertise to help develop Ghana, making it a better place for all.”

In the year 2000, Ghana became the first African country to officially open its doors to people of African descent from all over the world.

The West African country passed the “Right of Abode” law which allows any person of African descent to apply and be granted the right to stay in Ghana indefinitely.

This was followed by the launch of the Diaspora Affairs Bureau under the foreign affairs ministry in 2014 to manage the migration and engage the diaspora to provide a sustainable link with various government agencies to achieve development and investment goals.

According to government figures, at least 1,500 African Americans have moved to Ghana since 2019. That year, the West African country’s economy generated a total of $1.9 billion through activities related to the “Year of Return.”

Some of the activities that contributed to this figure included air travel, hotel accommodation, transport fares, as well as other key entertainment events.

Keachia Bowers, who is among the 524 African diasporans granted Ghanaian citizenship, relocated to Ghana from Florida in 2023 with her family. She told AP that getting citizenship is more than just living in Ghana.

“I didn’t need (citizenship) to tell me that I’m African. Anywhere that I go in the world and someone looks at me, I’m melanated,” she said.

“But my ancestors who wanted to return and come back home, those ancestors who never made it back,” she said, “that passport, for me, is for them.”

Continue Reading

Lifestyle

White mother accused of treating Black adopted kids as ‘slaves’ said they liked being kept in barn, trial told

Published

on

West Virginia mother who is accused, along with her husband, of treating their adopted Black children as “slaves,” told law enforcement that they liked being kept in the barn.

The trial of Jeanne Kay Whitefeather, 62, and Donald Ray Lantz, 61, continued Wednesday in Kanawha County Circuit Court.

They were arrested in October 2023 after two of their five adopted children were found locked in a shed outside their Sissonville home, near Charleston. The parents, who are white, face more than a dozen counts including forced labor, civil rights violations, human trafficking and gross child neglect. The children, all siblings ranging in age from 5 to 16, are Black.

Continue Reading

Trending