Business News
Nigerians react as Zainab Ahmed receives triumphant entry into Ministry
Nigerians react as Zainab Ahmed receives triumphant entry into Ministry

Published
2 years agoon

Nigeria’s newly-reappointed Minister of Finance, Mrs Zainab Ahmed, received quite the triumphant entry into her office complex, yesterday, courtesy of some civil servants at the Ministry she is set to oversee.
According to eyewitnesses, the civil servants came out in their large numbers, singing and jubilating with bells ringing, as they welcomed their madam back to base.
All of these happened not long after President Muhammadu Buhari assigned portfolios to all the 43 Ministers he recently appointed/reappointed into his cabinet.
Nigerians React: Meanwhile, the enthusiastic welcome given to Mrs Ahmed elicited rather polarising reactions from Nigerians on Twitter. While some people thought the warm welcome that was given to the Minister was “amazing”, others thought otherwise.
Arrival of @ZShamsuna the newly sworn-in Hon. Minister Finance, Budget & National Planning Nigeria. She was the immediate past minister of Finance & former Minister of State, Budget & National Planning. The welcome was amazing to see. #girlpower #bosslady #MinisterialInauguration pic.twitter.com/A61xf9EjEU
— Aisha Augie-Kuta (@AishaAK49) August 21, 2019
Social Commentator, Chidi Odinkalu, specifically wondered how those civil servants could be relied upon to give the Minister candid and independent advice after such “sycophantic” display of loyalty.
These are #Nigerian Civil Servants welcoming a reappointed Minister (Finance) to her beat in Abuja today. How can these ppl possibly be relied upon to give this poor Minister independent advice & objective? She's in real trouble! pic.twitter.com/eyKjCgxgMe
— Chidi Odinkalu (@ChidiOdinkalu) August 21, 2019
[READ: President Buhari assigns portfolios to all 43 ministers]
Someone even alleged that the only plausible reason those civil servants were hailing Mrs Ahmed as they did is because she supposedly makes it easy for them to have unfettered access to the national treasury.
When you see Nigerian civil servants applauding their superiors like that,it is because they're being allowed unfettered access to the public till.
These same officials were up in arms against Kemi Adeosun a couple of years back over some dodgy allowances.https://t.co/2VMpQDXzM3— Ifalade Oloruntoba (@IfaladeO) August 21, 2019
Just for the records, this is a controversial allegation. However, when you listen closely to the song being sung to welcome madam Minister, you begin to hear something like “national cake, oyoyo!” What can we make of that?
[READ: Although Nigeria’s inflation “dropped” in June, Nigerians aren’t just feeling it]
Regardless, the Minister has her job cut out for her as she resumes work in earnest. An earlier analysis by Nairametrics enumerated five things the new Minister must do within her first one hundred days in office. One of these has to do with coming up with a workable way to improve the country’s revenue inflow.
Recall that Mrs Zainab Ahmed took over from Mrs Kemi Adeosun after she was ousted from office following an NYSE certificate falsification scandal.
Emmanuel is a professional writer and business journalist, with interests covering Banking & Finance, Mergers and Acquisitions, Corporate Profiles, Brand Communication, Fintech, and MSMEs.He initially joined Nairametrics as an all-round Business Analyst, but later began focusing on and covering the financial services sector. He has also held various leadership roles, including Senior Editor, QAQC Lead, and Deputy Managing Editor.Emmanuel holds an M.Sc in International Relations from the University of Ibadan, graduating with Distinction. He also graduated with a Second Class Honours (Upper Division) from the Department of Philosophy & Logic, University of Ibadan.If you have a scoop for him, you may contact him via his email- [email protected] You may also contact him through various social media platforms, preferably LinkedIn and Twitter.


Energy
Nigeria breaks transmission record again, hitting 5,801.60 MW
The TCN has broken its own transmission record three times in the space of a week.

Published
60 mins agoon
March 3, 2021
The Transmission Company of Nigeria announced another record, as grid transmission hits a peak of 5801.60 MW.
This was disclosed by the Minister of Power, Engineer Sale Mamman in a statement on Tuesday evening.
“Back-to-Back Peak Transmission, Yesterday, 1st of March at 9:30 pm, we hit a new HIGH,” he said.
He added that 5801.60 MW transmitted at a frequency of 50.09 hz.
“Next Level heights for the Power Sector. Kudos to all at the TCN & MoP striving towards stable energy for Nigerians,” he added.
Back-to-Back Peak Transmission, Yesterday, 1st of March at 9:30pm, we hit a new HIGH!
5⃣,8⃣0⃣1⃣.6⃣0⃣Megawatts transmitted at a frequency of 5⃣0⃣.0⃣9⃣Hz💡⬆️ 🇳🇬
Next Level heights for the Power Sector. Kudos to all at the TCN & MoP striving towards stable energy for Nigerians.👏🏾
— Engr. Sale Mamman (@EngrSMamman) March 2, 2021
In case you missed it
- Nairametrics reported yesterday that the Transmission Company of Nigeria (TCN) announced that it hit another record milestone on transmission, as it recorded a national peak of 5,615.40MW.
- On March 1st that the TCN announced it has broken its transmission record once again, after hitting a record of 5,584.40 MW.
Coronavirus
COVID-19 Update in Nigeria
On the 2nd of March 2021, 479 new confirmed cases and 8 deaths were recorded in Nigeria

Published
11 hours agoon
March 3, 2021
The spread of novel Corona Virus Disease (COVID-19) in Nigeria continues to record significant increases as the latest statistics provided by the Nigeria Centre for Disease Control reveal Nigeria now has 156,496 confirmed cases.
On the 2nd of March 2021, 479 new confirmed cases and 8 deaths were recorded in Nigeria.
To date, 156,496 cases have been confirmed, 134,551 cases have been discharged and 1,923 deaths have been recorded in 36 states and the Federal Capital Territory.
A total of 1.54 million tests have been carried out as of March 2nd, 2021 compared to 1.49 million tests a day earlier.
COVID-19 Case Updates- 2nd March 2021,
- Total Number of Cases – 156,496
- Total Number Discharged – 135,136
- Total Deaths – 1,923
- Total Tests Carried out – 1,544,008
According to the NCDC, the 479 new cases are reported from 22 states- Lagos (153), Enugu (75), Rivers (50), FCT (40), Kaduna (18), Ebonyi (17), Plateau (17), Edo (17), Borno (16), Oyo (12) Kano (11), Abia (10), Cross River (10), Taraba (9), Nasarawa (7), Bauchi (4), Bayelsa (3), Delta (3), Ekiti (2), Niger (2), Ogun (2) and Akwa Ibom (1).
Meanwhile, the latest numbers bring Lagos state total confirmed cases to 56,001, followed by Abuja (19,274), Plateau (8,911), Kaduna (8,531), Oyo (6,746), Rivers (6,544), Edo (4,607), Ogun (4,398), Kano (3,764), Ondo (2,983), Kwara (2,931), Delta (2,576), Osun (2,433), Nasarawa (2,234), Enugu (2,078), Gombe (2,051), Katsina (2,030), Ebonyi (1,881), Anambra (1,726), and Abia (1,530).
Akwa Ibom has recorded 1,519 cases, Imo (1,497), Borno (1,292), Bauchi (1,232), Benue (1,188), Niger (917), Taraba (813), Ekiti (804), Bayelsa (772), Sokoto (769), Adamawa (762), Jigawa (496), Kebbi (377), Cross River (334), Yobe (268), Zamfara (219), while Kogi state has recorded 5 cases only.
READ ALSO: COVID-19: Western diplomats warn of disease explosion, poor handling by government
Lock Down and Curfew
In a move to combat the spread of the pandemic disease, President Muhammadu Buhari directed the cessation of all movements in Lagos and the FCT for an initial period of 14 days, which took effect from 11 pm on Monday, 30th March 2020.
The movement restriction, which was extended by another two weeks period, has been partially put on hold with some businesses commencing operations from May 4. On April 27th, 2020, Nigeria’s President, Muhammadu Buhari declared an overnight curfew from 8 pm to 6 am across the country, as part of new measures to contain the spread of the COVID-19. This comes along with the phased and gradual easing of lockdown measures in FCT, Lagos, and Ogun States, which took effect from Saturday, 2nd May 2020, at 9 am.
On Monday, 29th June 2020 the federal government extended the second phase of the eased lockdown by 4 weeks and approved interstate movement outside curfew hours with effect from July 1, 2020. Also, on Monday 27th July 2020, the federal government extended the second phase of eased lockdown by an additional one week.
On Thursday, 6th August 2020 the federal government through the secretary to the Government of the Federation (SGF) and Chairman of the Presidential Task Force (PTF) on COVID-19 announced the extension of the second phase of eased lockdown by another four (4) weeks.
Governor Babajide Sanwo-Olu of Lagos State announced the closed down of the Eti-Osa Isolation Centre, with effect from Friday, 31st July 2020. He also mentioned that the Agidingbi Isolation Centre would also be closed and the patients relocated to a large capacity centre.
Due to the increased number of covid-19 cases in Nigeria, the Nigerian government ordered the reopening of Isolation and treatment centres in the country on Thursday, 10th December 2020.
On 26th January 2021, the Federal Government announced the extension of the guidelines of phase 3 of the eased lockdown by one month following the rising cases of the coronavirus disease in the country and the expiration of phase 3 of the eased lockdown.
On 28th February 2021, the federal government confirmed that the first tranche of Covid-19 vaccines will arrive in Nigeria on Tuesday, March 2nd, 2021.
READ ALSO: Bill Gates says Trump’s WHO funding suspension is dangerous
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