Tayo Olanipekun

World Bank Ranks Nigeria Lowest In Human Capital Dev’t

**To Invest $15bn In Africa In 3 Years   Tayo Olanipekun, Washington DC The World Bank has said it will increase its investments in human capital in Africa by 50 per cent in the next funding cycle to include new grants and concessional finance for human capital projects totaling $15 billion in fiscal years 2021-2023. This is coming as the …

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Africa Will Be Home To 9 Out Of 10 Poor People By 2030—World Bank

**Says 17 African Countries At High Risk Of Debt Distress Tayo Olanipekun, Washington DC By 2030, nearly nine in 10 extremely poor people will be Africans, and half of the world’s poor will be living in fragile and conflict-affected settings, the World Bank has said. Speaking on Thursday in Washington DC during the opening press briefing at the World Bank/IMF …

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Nigeria Must Increase VAT And Excise Taxes, IMF Insists

Tayo Olanipekun, Washington D.C Nigeria must embark on a comprehensive tax reform to “sustainably increase its non-oil revenue” considered to be among the lowest in ratios to GDP in the world, the International Monetary Fund (IMF) has said. The nation has important development needs “big time” and with its non-oil revenue to GDP at around 3.4 and total tax revenue …

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WATS Conference: Body Urges Christians To Defend Faith

The West Africa Theological Seminary (WATS), Lagos and the Glorious Freedom Assembly have concluded a three day conference in Lagos, urging Christians in the country to defend the faith. The conference which was a two-in-one event drew participants from Lagos and its environs. First day of the event ran under the caption: The Thessalonians Road: Sanctification Made Plain, while the …

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Poverty Will Increase In Nigeria By 2030—World Bank

**Nigerian Senator Disagrees, Says $1 Can Feed A Nigerian Daily Tayo Olanipekun, Washington DC Of the five countries known to be home to half of world’s poor people, Nigeria and the Democratic Republic of Congo (DRC) will see increased poverty in the next 10 years, the Interim President of the World Bank Group, Kristalina Georgieva, has said. She said India, …

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Maternal Mortality: PLAN International Calls For More Action on Nutrition

More than 545,000 expectant mothers and adolescent girls in Kebbi and Sokoto States have accessed the Iron Folic Acid Supplement to prevent high rising maternal mortality in the north western states.  In a project tagged Boosting Iron Folic Acid Supplementation for Pregnant Women in Northern Nigeria, PLAN International, since 2016 has worked with different stakeholders and community influencers in the …

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Govt Officials’ Wives Donate Suites, Neo-Natal Incubators To Delivery Facilities

…As Ambode, Sanwo-Olu’s Wives Inspect Facilities The Committee of Wives of Lagos State Officials (COWLSO), on Tuesday, donated equipment that will aid the safe delivery of babies in hospitals across the state. The donation included 32 neo-natal incubators to 13 government hospitals and six birthing suites to the Lagos Island Maternity, the Amuwo Maternal and Child Centre and the Epe General Hospital. Chairman …

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FG Lists Minimum Wage And Revenue Growth Among Q1 2019 Achievements

The Federal Government has said the 2019 General Elections were not the only things the nation accomplished in the first quarter of 2019, listing the new minimum wage, the Strategic Revenue Growth Initiatives (SRGI) and eight other programs of the government as its achievements for the period. According to the Presidency Office of Digital Engagement (PODE) in a statement in …

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Japanese Govt Releases $1.5m For Stabilization Activities In N’East

The Government of Japan has released USD 1,500,000 to fund community stabilization activities in Nigeria’s North-East region. These funds will be utilized through an ongoing programme launched in 2016, implemented by the United Nations Development Programme in Nigeria. The interventions being implemented in the region are aimed at supporting victims of Boko Haram insurgency in the three most affected States …

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UNICEF’s Mobile Platform For Young Nigerians Reaches 3 Million Responders 

Bayo Akinloye U-Report, UNICEF’s unique social media platform to engage with communities on issues that affect them, surpassed three million registered responders in Nigeria today. According to a statement by the organisation, U-Report uses simple SMS messages and social media to reach communities around the country and provides an opportunity for young Nigerians to share their opinions and drive positive …

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