Connect with us

News

FG to Increase Npower Beneficiaries by 50,000, Budgets N400bn For Npower, Others in 2021

Published

on

In a bid to continually tackle unemployment in Nigeria, the federal government has made plans to increase the number of Npower beneficiaries by 50,000 in 2021.

This was after the federal government had earlier announced that over 5 million applications were submitted for the 400,000 space available under the Npower scheme.

The Federal government through the ministry of humanitarian affairs has submitted a proposed budget of N400 billion for the 2021 fiscal year on its Social Investment Programme (NSIP).

In the documents submitted to the National Assembly, the proposed recurrent expenditure for 2021 remains unchanged while the personnel cost increases by N3.8 billion or 2.31 percent to N170.1 billion in 2021. This summed the total recurrent expenditure to N350 billion and capital spending to N50 billion.

The document stated that the increase in personnel cost was as a result of the proposed increase in the number of Npower beneficiaries.

This increase is “because of (an) increase in the number of NPOWER (NTEACH Hub) beneficiaries from 400,000 to 450,000,” the document shows.

The ministry allocated 52.6 percent of 2021 proposed recurrent expenditure to the Job Creation Unit which will be used for the implementation of programs, including Npower and innovation hubs.

Last week, the Minister of Youth and Sports Development, Sunday Dare, had complained that the amount budgeted for youth programmes in the 2021 proposed budget is inadequate.

Speaking at a budget defence session organised by the House Committee on Youth Development in Abuja last week, Dare said, “The 2021 budget emphasises investment in our citizens, particularly the youth, in order to achieve the aspirations of government and the move to lift 100 million Nigerians out of poverty.

“It is highly important to note the present capital budget proposal, though higher than last year’s, is yet grossly inadequate to finance the maintenance of five stasis and the mini sports centres that we have across the country, and the youth development centres.”

News

Military Storms Bobi Wine House After He Rejects Election Results

Published

on

Bobi Wine

Military Storms Bobi Wine House After He Rejects Election Results

Robert Kyagulanyi, popularly known as Bobi Wine, Ugandan presidential candidate in the just concluded presidential race, said the Ugandan military has surrounded his house and even jumped over the fence to take over the compound.

In a quick tweet, the opposition presidential candidate said “My home has been surrounded by soldiers, they’ve jumped over the fence, they’ve taken over my compound, they’ve arrested my security guard.

The invasion was after Bobi Wine had rejected election results and alleged that Thursday’s election was rigged.

He said “every legal option is on the table” to challenge the official results, including peaceful protests. He referred to himself as the “president-elect.”

None of these military intruders is talking to us. We are in serious trouble. We are under siege,” wrote Wine, who was arrested several times during campaigning but never charged while dozens of party members were detained.

Museveni government had cut internet access on the eve of the largely peaceful election day, and it remains off.

According to Uganda’s electoral commission, President Yoweri Museveni leads Wine 62 percent of ballots while Wine had 29 percent. The commission expects to declare the final results on Sunday afternoon.

“We secured a comfortable victory,” Wine said. “I am very confident that we defeated the dictator by far.” He was considering “peaceful and nonviolent protests” over the declared results and said “every legal option is on the table.” Candidates can challenge election results at the Supreme Court.

Continue Reading

News

Heartbroken American Mistress Displays Dangote’s Buttocks in a Viral Video

Published

on

dangote's buttocks

Heartbroken American Mistress Displays Dangote’s Buttocks in a Viral Video

2021 started with Dangote trending across social media after an obvious heartbroken American mistress shared her relationship with the world’s richest black man.

Bea Lewis, a restauranteur based in Atlanta, Georgia, US, took to her Instagram @iambealewis to share her experience dating the richest black man alive and how he broke her heart into 1000 pieces.

In her words, she said “In my 33rd year, I dated the richest black man in the world. He broke my heart in 1000 pieces.” 

She explained that “I learned more from him than any person I’ve ever met. Communicating with a billionaire daily makes you see the world different than your humble beginnings in liberty city.

“I became more organized and finally am able to step away from the daily kitchen operations.”

Bea Lewis added that Dangote changed her perspective on work ethic and patience.

“Once my mindset changed, the universe gravitated me to people that uplifted me and increased my net worth mentally and financially,” she stated.

She then attached a picture of them together.

However, in another shocking revelation, another American with Instagram handle @allarounda1 posted a video of Mr. Dangote on a couch inside what seems like a luxury yacht after a back and forth argument with Be Lewis on who truly dated the world’s richest black man. It was unclear in which country the yacht was sailing when the mistress took the video, but it clearly showed she shot the video without his knowledge. See the video below.

 

Continue Reading

News

Tunde Thomas: FCMB Commences Review Into Allegations of Unethical Behavior Against MD Nuru

Published

on

Tunde Thomas

Tunde Thomas: FCMB Commences Review Into Allegations of Unethical Behavior Against MD Nuru

First City Monument Bank (FCMB Group Plc) has commenced a review of unethical behaviour levied against its Managing Director, Adamu Nuru, who allegedly impregnated and fathered two kids with a married staff of the bank.

Investors King earlier reported that a group of people seeking justice had petitioned the Central Bank of Nigeria, and the board of FCMB concerning unethical behavior of Adamu Nuru and a former staff of the bank, Moyo Thomas, that led to the death of Tunde Thomas, the husband of Moyo Thomas.

Also read FCMB Group MD Links to Death of Tunde Thomas, Husband of Married Staff He Fathered Her Kids

However, in a statement to media, Diran Olojo, the Head, Corporate Affairs, Diran Olojo, FCMB Group, said the bank was aware of the allegations making the rounds against its Managing Director.

Olojo revealed that the financial institution had commenced a review into the matter, saying the outcome would be discussed in due course.

We are aware of several stories circulating across several media platforms about our bank’s Managing Director, Adam Nuru, a former employee Ms Moyo Thomas and her deceased ex husband, Mr Tunde Thomas,” the statement read.

“While this is a personal matter, the tragedy of the death of Mr Tunde Thomas and the allegations of unethical conduct, require the bank’s board to conduct a review of what transpired, any violations of our code of ethics and the adequacy of these code of conduct ethics. This will be done immediately.

“We enjoin all our stakeholders to bear with us as we conduct this review and to please respect the various families involved.

“Our Board of Directors are reviewing all aspects of this report and once they are done with their review, we will revert to you.

Continue Reading

Trending