NIGERIA'S DEFENCE MINISTER SUMMONS SERVICE CHIEFS AMID SURGE IN ATTACKS ON MILITARY BASES. (PHOTO).
Nigeria's Defence Minister Summons Service Chiefs Amid Surge in Attacks on Military Bases Nigeria's Minister of Defence, General Christopher Musa (Rtd), has urgently summoned the nation's top military leaders to a high-level meeting at the Ministry of Defence headquarters in Abuja. The session addresses the escalating attacks targeting military installations, particularly in the North East region. The meeting includes key figures such as: - Chief of Defence Staff, General Olufemi Oluyede - Chief of Army Staff, Lt.-Gen. Waidi Shaibu - Chief of Air Staff, Air Marshal Sunday Aneke - Chief of Naval Staff, Vice Admiral Idi Abass - Representatives from the National Intelligence Agency (NIA) The summons comes in response to recent deadly assaults by terrorists on military bases in the North East. Reports indicate that no fewer than three Commanding Officers of Lieutenant-Colonel rank were killed in Borno State, alongside scores of soldiers lost. Additionally, hundreds of civilian...
According to sources,a total of 4,116 buses valued N37 billion have been delivered to beneficiaries nationwide under the Federal Government's Public Mass Transit Revolving Fund {PMTF} Scheme.The Managing Director of The Infrastructure Bank,Mr Adekunle Oyinloye,state this in a paper he presented at a National Workshop for Chief Executive Officers of Mass Transit Companies in Abuja.Oyinloye said the buses were released to mass transit companies to provide cheap and affordable road transport services to Nigerians across the six geo-political zones and the FCT.According to him,the vehicles were provided under phase I and II of the N25 billion PMT scheme being managed by the Infrastructure Bank.He stated that the scheme has also empowered over 50,000 Nigerians,including bus drivers,bus assistants,auto-technicians and booking clerks,through direct employment.''In addition,the scheme has thrived in reducing poverty and enhancing regional integration,as more people are able to move easily across different regions of the country,and across the West African sub-region.The PMTF Scheme offers a single digit interest rate regime of five per cent per annum in Phase ! and zero percent per annum in Phase II.Thi has resulted in cost savings of about N10 billion when compared with the prevailing interest rate of about 25 percent per annum obtainable in other financial institution''.
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