A SEPTUAGENARIAN COUPLE ENDED THEIR 44-YEAR MARRIAGE FOLLOWING AN 18-YEAR LEGAL DISPUTE IN INDIA. (PHOTO).

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 A septuagenarian couple from Haryana’s Karnal district officially ended their 44-year marriage following an 18-year legal dispute. The Punjab and Haryana High Court’s mediation and conciliation centre facilitated the resolution, which involved a significant settlement of Rs 3.07 crore in permanent alimony. The husband, determined to part ways, sold portions of his prime agricultural land to fulfill the agreement. The couple, married on August 27, 1980, under Hindu rites, had three children—two daughters and one son. Due to growing temperamental differences, they began living separately on May 8, 2006. The husband filed for divorce in the Karnal family court on grounds of mental cruelty, but his plea was rejected in January 2013. He later appealed to the high court, where the case remained unresolved for nearly 11 years before being referred to mediation on November 4, 2024. During the mediation, the wife and their children agreed to the settlement. To fulfill his promise, the husb...
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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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