Federal Government Executive Council Accepts €500m Loan For Bank Of Industry

 

  The Federal Government Executive Council presided over by President Muhammadu Buhari has approved that 500 million Euro loan be sourced for the Bank of Industry from external creditors. According to the  Minister of State Finance, Clement Agba, the loan is to support industrialisation and agriculture in addition to creating up to 1.2 million new jobs.

“The credit guarantee is for up to five years and the Federal Government is the guarantor of the loan,” he stated. Agba said: “Council today approved the issuance of a Sovereign Guarantee of 500 million Euros from the Credit Suisse AG London Branch and a syndicate of international lenders as collateral for 500m Euro facility to the Bank of Industry.

“The loan is basically to finance major industrialisation projects and micro-small and medium enterprises values chains in Nigeria for up to five years tenure at affordable rates; These rates are single digit rates. The guarantor of the loan shall be the Federal Republic of Nigeria and this is going to be executed through the Ministry of Finance Budget and National Planning. “The main objective of the loan is to support industry; revitalise agro-industrial processing zones, and to facilitate the creation of new jobs.

Federal Government releases minimum wage payment template to labour

     The least paid federal worker on Level 1 Step 1 will earn N360,000 per annum while the highest-paid at Level 17 Step 9 will take home N6,215,435 per annum. These are the highlights of  the minimum wage payment template released by the Federal Government.

   The circular on the new wage, dated November 14 and signed by the Acting Chairman of the National Income, Salaries and Wages Commission, Ekpo Nta, is copied to top government officials, including the Chief of Staff to the President, Secretary to the Government of the Federation, ministers, among others.

President Buhari signs ‘The Open Defecation-Free Nigeria by 2025 into law

   President Muhammadu Buhari Wednesday signed Executive Order 009 entitled, ‘The Open Defecation-Free Nigeria by 2025 and Other Related Matters Order’ into law.

The Order declares as follows:

That by this Order, Nigeria is committed to being open defecation free by 2025.

That the National Open Defecation Free (ODF) Roadmap developed by the Federal Ministry of Water Resources with support from other key sector players across Nigeria be put into effect.

a. There is established in the Federal Ministry of Water Resources a National Secretariat called “Clean Nigeria Campaign Secretariat.”

b. The Secretariat is authorized on behalf of the President to implement this Order by ensuring that all public places including schools, hotels, fuel stations, places of worship, market places, hospitals and offices have accessible toilets and latrines within their premises.

Reality Star Mercy Eke Announce New Ambassadorial Deal For Electronic Brand

 

   Mercy Eke winner of BBNaija season 4 signed an Ambassadorial deal with an electronic company. She posted the news on her Instagram page.

Woman arrested for throwing one-day-old baby into soak-away pit

 

   A 30-year-old mother of five, Mrs Risikat Olabintan has been arrested by the police for throwing her one- day -old baby into a soak-away pit.

   Her arrest followed a distress call received by members of Ibukun Oluwapo Community, Ishaga Surulere area in Owode-Yewa, that some children while playing at the backyard of their compound heard the cry of a baby in the soak-away and raised alarm.

Fire guts Surulere Super Plaza in Surulere Lagos

  The Surulere Super Plaza on Akerele Street in Surulere, Lagos was yesterday gutted by firewith valuable merchandise destroyed.

Topic: Life Worth Living [Billy Graham Devotional 21 November 2019]

Topic: Life Worth Living [Billy Graham Devotional 21 November 2019]

. . . ye might have life through his name. — John 20:31

“Is life worth living?” To scores of people life has ceased to be worth living. To all of you I have good news. God did not create you to be a defeated, discouraged, frustrated, wandering soul, seeking in vain for peace of heart and peace of mind. He has bigger plans for you. He has a larger orb and a greater life for you.

Topic: Give God the Glory [Kenneth Copeland Devotional 21 November 2019]

Topic: Give God the Glory [Kenneth Copeland Devotional 21 November 2019]

Herein is my Father glorified, that ye bear much fruit; so shall ye be my disciples. – John 15:8

There’s an old Full Gospel tradition that says God gets glory from the wonderful way His children bear pain and agony and that the world is impressed by that. What a lie! That’s simply a tool of the devil to keep God’s children in bondage.

People of the world already have all the pain and agony they want. They aren’t looking for a way into it. They are looking for a way out. They don’t care what you preach. It’s the religious people who get worried about that. The world, the sinners, are smarter than that. All they care about are the results.

Topic: Unimaginable Destruction [DCLM Daily Manna 21 November 2019 Daily Devotional by Pastor William Folorunso Kumuyi]

Topic: Unimaginable Destruction [DCLM Daily Manna 21 November 2019 Daily Devotional by Pastor William Folorunso Kumuyi]

Text: Revelation 18:21-24

Key Verse: “And a mighty angel took up a stone like a great millstone, and cast it into the sea, saying, Thus with violence shall that great city Babylon be thrown down, and shall be found no more at all” – (Revelation 18:21).

International Physicians for the Prevention of Nuclear War estimated in 2013 that two billion people would starve in the wake of a limited atomic bomb war between only two countries. Then another study said after such a war, there would be no heat from the sun as burnt stuff would absorb the heat before it gets to the earth. Instead of rain, there would be black carbon. Chemical reactions in the atmosphere would eat away the planet’s ozone layer which protects earth’s inhabitants from ultraviolet radiation. The experts predict that the decrease in the protective cover may lead to more sunburns and deadly skin cancers as well as reduced plant growth. That is what the scientists refer to as the Nuclear Winter, a long descent into destruction.

Topic: You Are Perfected In Christ Jesus [TREM Devotional 21 November 2019]

Topic: You Are Perfected In Christ Jesus [TREM Devotional 21 November 2019]

“For the law having a shadow of good things to come, and not the very image of the things, can never with those sacrifices which they offered year by year continually make the comers thereunto perfect.” – Hebrews 10:1 KJV

Jesus has been made a High Priest after the order of Melchizedek. The Aaronic priesthood had margins for failure but not Jesus: our High Priest. Remember that the standing of the high priest is your own standing. If he is good, you are good. If he is bad you are bad. If he is perfect, you are perfect. If he is holy, you are holy. If he is just you are just. If he is successful, you are successful. Understand your standing today.

Topic: Prayer as the First Option, Not the Last Resort [Joyce Meyer Devotional 21 November 2019]

Topic: Prayer as the First Option, Not the Last Resort [Joyce Meyer Devotional 21 November 2019]

For everyone who asks receives, and the one who seeks finds, and to the one who knocks it will be opened. — Matthew 7:8

One day I woke up with a throbbing headache. I walked around with that miserable headache almost all day, telling everybody I met about how terrible I felt—until I finally realized that I had complained most of the day and had never taken the time to simply pray and ask God to take the pain away.

Open Heaven 21 November 2019 Thursday Daily Devotional By Pastor E. A. Adeboye – Abundant Grace

Open Heaven 21 November 2019 Thursday Daily Devotional By Pastor E. A. Adeboye – Abundant Grace

Memorise: “Grace and peace be multiplied unto you through the knowledge of God, and of Jesus our Lord,” – 2 Peter 1:2

Read: Genesis 6:5-8 (KJV)

5 And GOD saw that the wickedness of man was great in the earth, and that every imagination of the thoughts of his heart was only evil continually.

6 And it repented the LORD that he had made man on the earth, and it grieved him at his heart.

7 And the LORD said, I will destroy man whom I have created from the face of the earth; both man, and beast, and the creeping thing, and the fowls of the air; for it repenteth me that I have made them.

8 But Noah found grace in the eyes of the LORD.

Bible in One Year: Psalm 1-8, Amos 8

Open Heaven 21 November 2019 Thursday MESSAGE: