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Nigeria owes China $3b, says World Bank

Daily Dispatch November 3, 2021

The total amount of money owed to the Chinese government by the Federal Government as at March last year rose to $3.121 billion (N1,126.68 trillion at USD/N361). The amount represents only 3.94 per cent of Nigeria’s total public debt of $79.21 billion as at September 2021. Similarly, in terms

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Ikoyi building collapse: Death toll rises to 22

Daily Dispatch November 3, 2021

Emergency workers have recovered two more bodies from the rubble of the collapsed building in Ikoyi, Lagos. The recovery of two more bodies, three days after the building collapsed, takes the death toll to 22, with search and rescue operations ongoing. Nine persons have been rescued so far. The building – a high-rise under construction located […]

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Senate passes Bill for creation of Medical ,Health Sciences Varsity in Ekiti

Daily Dispatch November 2, 2021

…….Citizens lauds Senator Bamidele By Oyeola Olusola, IIJ A bill for the establishment of the Federal University of Medical and Health Sciences in Ekiti State, has been passed by the Senator Ahmad Lawan -led nineth Senate and now awaiting presidential assent. The bill , sponsored by Senator representing Ekiti Central, Opeyemi Bamidele scaled the third […]

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Nigeria needs $1.5 trillion in ten years to bridge the infrastructure gap

Daily Dispatch November 2, 2021

President Muhammadu Buhari says 1.5 trillion dollars is the cumulative estimated amount needed by Nigeria over a ten-year period, to achieve an appreciable level of the National Infrastructure Stock. President Buhari gave the figure on Tuesday in Glasgow at a COP 26 high-level side event on improving global infrastructure hosted by President Joe Biden of […]

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At COP 26, Buhari pleadges net zero emission by 2060, says Nigeria will maintain gas-based energy transition

Daily Dispatch November 2, 2021

President Muhammadu Buhari Tuesday in Glasgow, Scotland pledged that Nigeria would cut its emissions to net zero by 2060. Delivering his national statement at COP26 Leaders’ Summit, the President said that attaining national and global climate change goals will require adequate and sustained technical and financial support to developing countries. He said greater

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Breaking: Bandits strike at University of Abuja Staff Ouarters , kinap 4, family members

Daily Dispatch November 2, 2021

Insecurity in Abuja, the Federal Capital Territory, FCT,, took a new dimension today as bandits in the early hours attacked the staff quaters of the University of Abuja located in Giri area of the metropolis It was gathered that during the early morning raid, the banditkos successfuly abducted four staff members and unspecified number of […]