BBNAIJA SEASON 11: FAITH 'SHEBA' GAMDE MAKES HISTORY AS FIRST FEMALE HEAD OF HOUSE. (PHOTO).

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 BBNaija Season 11: Faith 'Sheba' Gamde Makes History as First Female Head of House In a historic milestone for the Big Brother Naija Season 11 'Show Ya Self' house, Faith Gamde, popularly known as Sheba, has emerged as the Head of House (HoH) for the week. This stunning victory marks the first time a female contestant has secured the highly coveted leadership position this season. Sheba clinched the title during Monday's competitive HoH challenge, where she successfully outmaneuvered and outperformed her fellow housemates in a series of demanding tasks. With this victory, she officially succeeds the outgoing Head of House, Chimsom Chuka, who held the mantle last week. Immunity and Perks of Leadership Winning the HoH challenge comes with massive game-changing advantages. Alongside the exclusive access to the luxurious Head of House bedroom and leadership privileges, Sheba has secured automatic immunity from this week's eviction. This critical safety net ensures ...

FG ESTABLISHES PRESIDENTIAL INFRASTRUCTURE DEVELOPMENT FUND+NEC APPROVES $650M SEED FUNDING.{PHOTO}.

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     President Muhammadu Buhari has approved the establishment of a Presidential Infrastructure Development Fund (PIDF), which is to be managed by the Nigeria Sovereign Investment Authority (NSIA), and invested specifically in critical road and power projects across the country.
The National Economic Council (NEC) has also, today, May 17, 2018, authorised the initial transfer of $650 million dollars to the NSIA from the Nigeria Liquefied Natural Gas (NLNG) Dividend Account, as seed funding for PIDF.
This initiative aims to eliminate the risks of project funding, cost variation and completion that have plagued the development of the nation’s critical infrastructure assets — such as the 2nd Niger Bridge, Lagos to Ibadan Expressway, East—West Road, Abuja to Kano Road, Mambilla Hydroelectric Power — over the last few decades.
This commitment by the President and NEC, allows all State Governments to own an economic interest in the project companies that will be professionally developed and managed by the NSIA.
The investments will yield returns, which will diversify revenues to States, improve the fiscal sustainability profile of the Federation and ensure Nigerians benefit from modernised Infrastructure for decades to come.
The PIDF will secure counterpart funds required for projects being co-developed with China Exim and China Development Banks, and mobilize any additional funding required from development partners.
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