I WAS HANDED A QUR’AN BY A MUSLIM PROSELYTIZER TODAY- REV. SIS. NKIRUKAC. OKAFOR. (PHOTO). #PRESS RELEASE

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 "I was handed a Qur’an by a Muslim Proselytizer today.  Let me explain: I was at JFK Airport waiting lot because of Tarmac delay of arrival planes. I decided to come out of the vehicle and continue praying Lauds while enjoying the morning sun. I was equally admiring nature and nurture especially the vehicles at the parking lot. I noticed a young man beside a nice Lincoln Escalade pressing his phone. No contact. I kept doing my rounds praying. I added another dimension to the prayer. “Lord, I wish someone will appear from nowhere and ask me which of the vehicles will add value to my apostolate.” I would definitely point at the Escalade. Anyone who runs a hospital in Nigeria knows what a clean Escalade will help you do in one year.  As I approached my vehicle, I noticed the young man following me and calling out to me. Momentarily I thought the Escalade is about to change ownership. He rather stretched his hands to me asking if I may accept his gift of a book. The most int...
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NIGERIA NEEDS SOUND FINANCIAL SYSTEM FOR DEVELOPMENT- BAGUDU. (PHOTO).

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 Nigeria Needs Sound Financial System for development — Bagudu


Minister of Budget and Economic Planning Senator Abubakar Bagudu has said Nigeria needs to attract more resources than it has to fund its development agenda. For this to happen, the nation must develop a sound financial system with integrity


He spoke at the management retreat of the Nigerian Financial Intelligence Unit in Abuja noting that the 2050 Agenda of National Aspiration requires investment at least 100 billion dollars annually to achieve a GDP per capita of $33,000 or more by 2050.


The minister revealed that the current financing level is smaller than that but explained that President Bola Tinubu’s administration had undertaken bold and courageous economic reforms to boost its revenue. 

To buttress his point, he cited the $20 billion federal budget size, which he said was too small compared with other countries like Brazil and Indonesia, which have similar population sizes and have $750 billion and $210 billion budgets, respectively.


The minister explained that Nigeria needs a sound financial system to attract domestic and foreign investments to finance its development plan.


He stated that this was the role of the NFIU, which he said had performed creditably but needed to communicate its activities more effectively for the public to acknowledge.

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