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IsDB Approves $800 Million for Vital Development Projects”

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Jeddah, Kingdom of Saudi Arabia, – The Islamic Development Bank (IsDB) Board of Executive Directors has approved a total of US $800 million during its 352nd meeting in Jeddah, Kingdom of Saudi Arabia, to finance critical projects to contribute in the development agenda of its member countries, improve the living conditions of its population and to enhance the attainment of the Sustainable Development Goals (SDGs).

In his report to the Board, the IsDB President and Chairman of the Board of Executive Directors, HE Dr. Muhammad Al Jasser, expressed optimism that the approved projects in key sectors such as energy, education, health, and transportation will ameliorate the socio-economic challenges of the population in IsDB member countries, especially those in vulnerable communities and will also accelerate the drive to achieve significant targets of the SDGs. He said the Bank had made an emergency intervention to support the most vulnerable people affected by the conflict in Sudan. “The IsDB and ISFD contributions will deliver a multi-sectoral emergency response and provide life-saving support to approximately 125,000 people affected by the sudden outbreak of conflict in Sudan.” Dr. Al Jasser emphasized.
The financing of the projects is geared toward contributing to the development agenda and improving the living conditions of the population in IsDB member countries in line with the Realigned Strategic Goals of the IsDB Group’s revamped and unwavering commitment to supporting its member countries in their pursuit of prosperity and resilience, particularly during these challenging times. Key among the approved projects are the IsDB’s contribution of EUR 182.26 million to the Republic of Cote d’Ivoire and EUR 40.25 million to the Republic of Senegal to improve transportation in the region; the US$ 40 million and EUR 48.05 million to finance two projects related to improving the water, sanitation and health sectors in the Republic of Guinea; the EUR 46.57 million to Islamic Republic of Mauritania, and a US$ 19.8 million to the Republic of Mozambique to promote quality education in those countries.

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Additionally, the Board approved US$ 200 million to the Kingdom of Bahrain and EUR 61.9 million to the Federal Republic of Nigeria to boost electricity transmission and innovation in the energy and IT sectors; EUR 128.17 million to the Republic of Togo to strengthen environmental structures and US$ 1.5 million to the Republic of Sudan support the most vulnerable people affected by the conflict in Sudan. And a US$ 5.46 million IsDB and ISFD contribution to reduce food insecurity in member countries affected by fragilities and conflict through the Tadamon Accelerator for Food Security Response Program.

Dr. Al Jasser described the approved projects by the Board, especially in promoting education and improving health, energy and IT sectors, as transformative and said they would significantly impact the attainment of the SDGs’ objectives.

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Breaking: Court Drops Charges Against Minors

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The Federal High Court in Abuja on Tuesday struck out the charges brought against a total of 119 #EndBadGovernance protesters.

All 119 protesters were arraigned on Friday, November 1 on charges bordering on Treason felony, inciting to mutiny, among others.

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The defendants were arraigned in two batches at the previous proceeding.

The first batch comprised a total of 76 protesters which included 32 minors and the second batch a total of 43 protesters.

The trial judge, Justice Obiora Egwuatu, struck out the suit following an application by the counsel to the Attorney General of the Federation, M. D Abubakar, to take over and discontinue the matter.

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NNPP Crisis: Assembly Members Deny Factional Differences

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By Salisu Baso

As the crisis erupted within Kano’s ruling party NNPP, with some members calling for the governor to stand independently, the Kano State House of Assembly has denied knowledge of any of its members being involved in the rifts.

The Majority Leader of the House, Hon. Lawan Hussain, representing Dala Constituency, revealed this to newsmen in an interview with journalists over the publication of an online newspaper, Daily Nigeria, stating that some members of the NNPP in the House have joined the factional crisis.

He described the news as a fabricated and mischievous story from unpatriotic elements planning to destroy the peace reigning within the party. He said that as far as the members of the House are concerned, there are no conflicts between the governor and the leader of the Kwankwasiyya Movement, Senator Engr. Rabiu Musa Kwankwaso.

The Majority Leader therefore assured the party parliament members of their solid support for the leader of the Kwankwasiyya and state governor, Engr. Abba Kabir Yusuf, adding that the governor considers Senator Kwankwaso his mentor.

On the issue of some party members calling for the governor to be independent (Tsaya da Kafar Ka), Hon. Dala said the governor is operating independently without interference from any person. He therefore accused some opposition politicians from the Federal Capital Territory, Abuja, of sponsoring unpatriotic people to ignite a crisis in the state with a view to disrupting the government’s development initiatives.

 

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Breaking: Tinubu Orders Release of Minors Arrested Over Endbadgovernance Protest

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President Bola Ahmad Tinubu

President Tinubu Orders release of all minors who participated in the Endbadgovernance protest .

 

The minister of information and national orientation Muhammad Idris stated this to state House correspondents.

Minister of Information and National Orientation, Mohammed Idris, disclosed this while briefing State House correspondents, on Monday.

The Minister was flanked by the Bayo Onanuga, Special Adviser to the President on Information and Strategy; Sunday Dare, Special Adviser on Public Communications and orientation.

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Idris stated that the President has instructed the Attorney-General of the Federation, Lateef Fagbemi, to begin the process of securing the minors’ release without delay.

“The President has directed that all minors be released on the and also reunited with their families anywhere they are in the country. A committee has been set up to look at the issues surrounding their arrest, detention and release. All the law enforcement agents related to the case will be investigated and anyone found wanting will be brought to book,” he said.

 

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