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Lagos to Invest More in Water Transportation

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The Lagos State Government has disclosed it is working to boost water transportation by creating safer, more efficient, and sustainable strategies which are at various stages of implementation.

A statement on Sunday noted that the Lagos State Commissioner for Transportation, Oluwaseun Osiyemi, stated this during a tour of the Lagos State Waterways Monitoring and Data Management Centre Control Room, established by the Lagos State Waterways Authority.

The commissioner explained that various strategies were to be implemented by the state government to make water transportation a viable and reliable option for Lagosians.

Waterways Transportation: Lagos Lawmakers Seek Private Investors

“Explaining the functions of the WMDMC control room, the General Manager of LASWA, Damilola Emmanuel, stated that the control room was set up to manage movement on the Inland Waterways.

“To further assess real-time safety measures on the waterways, the tour entourage, which included the Permanent Secretary of the Ministry of Transportation, Olawale Musa; LASWA boat operators, and Caverton Marine representatives, embarked on a boat ride in one of the Caverton locally-made boats to Badore Ferry Terminal to inspect the boat yard where the construction of the ferries are taking place,” the statement said.

Musa, while on the 35-minute boat ride to Badore, hinted that the state government found it more economical patronising the local boat builders to build its boats, which could not be compared to the higher cost of purchasing the same from outside the country.

At the boat yard, the Chief Executive Officer, Caverton Offshore, Olabode Makanjuola, explained that the boats were built in line with international standards, saying about 15 newly built boats would soon be launched and put into use in the inland waterways.

Umahi Summons Contractor Over Ekiti Road Projects

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Works Minister, Dave Umahi has invited the contractor handling the Akure- Ikere- Ado-Ekiti Road in Ekiti State for “instruction” on the project.

The Minister who spoke with reporters after inspecting some  federal roads  in the state in company with Governor Biodun Oyebanji at the weekend, said he was not satisfied with the work done by the contractor.

Umahi however, assured that all ongoing federal road projects in the state would be fast-tracked for the benefit of citizens and economic development of the state.

Other roads inspected by the minister and Oyebanji were the  Ado Ekiti– Ijan Ekiti  and  the Afe Babalola University, Ado Ekiti (ABUAD) Industrial Park roads.

FEC Approves N1 Trillion Road Construction Project

Umahi  explained that  the visit was to assess the level of work  on some of the roads in the state.

Acknowledging   that the roads were major corridors to other parts of the country, the minister said that the  Federal Government remained committed to improving road infrastructure across the country.

He said: “We came to look at some of the ongoing projects in Ekiti. These roads are major corridors to evacuate a lot of commercial produce from Benin, Edo State to Lokoja, Kogi State  and the Southern part of this  country.

“We have looked at the roads and we are coming back. My team will give it all the desired attention, that’s what the governor and Chief Afe Babalola want.”

 Oyebanji, who appreciated the minister,  said the inspection was a testament to the fact that President Bola Tinubu-led government remained committed to development at sub-national level.

The governor expressed  gratitude to the Federal Government for its continued support in addressing  infrastructure challenges confronting Ekiti State.

Nigeria to Sell 3 Jets from Presidential Air Fleet

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In a bid to tighten fiscal expenditures, the Tinubu Administration has disclosed plans to sell off three jets from the Presidential Air Fleet (PAF).

According to The Nation, the PAF, which currently comprises six jets and four helicopters, is set to undergo downsizing measures, potentially reducing the fleet to seven aircraft pending approval.

Previous attempts to sell off two aircraft during President Muhammadu Buhari’s administration faced hurdles, with potential buyers initially offering $24 million for a Dassault Falcon 7x executive jet and a Beechcraft Hawker 4000 business jet. However, the reduced bid of $11 million was rejected by the government at the time.

As part of efforts to generate revenue and alleviate maintenance costs, some aircraft were considered for charter services to interested governors, though the specifics of this arrangement remain unclear.

FG Orders Private Jets Removal From Abuja Airport

Among the aircraft in the PAF are Boeing Business Jets (BBJ) 737, Gulfstream G550, Gulfstream G500, two Falcon 7X, HS 4000, two Agusta 139, and two Agusta 101. Notably, the BBJ 737 serves as the Nigerian Air Force One, exclusively catering to the President’s travel needs.

While the fate of the BBJ 737 remains uncertain, the administration has earmarked Falcon and Embraer jets for potential sale.

Maintenance costs for the PAF have escalated over the years, with an estimated budget of N80 billion allocated across various fiscal years. Concerns over rising expenditures prompted President Tinubu’s directive to trim the fleet, with a focus on shedding aircraft incurring substantial maintenance expenses.

A confidential source revealed that recent maintenance fees may have exceeded $5 million, underscoring the financial strain posed by the upkeep of the fleet. Outstanding commitments related to maintenance expenses remain undisclosed.

Explaining the necessity of PAF usage by government officials, particularly for long-distance travel within Africa, sources emphasized the fleet’s strategic importance in facilitating efficient connectivity across the continent. Management of the fleet falls under the purview of the Office of the National Security Adviser (ONSA).

In a parallel move aimed at curbing expenditures, President Tinubu has imposed a three-month ban on publicly-funded foreign trips by Federal Government officials, effective immediately.

Easter Traditions: Celebration In Different Cultures, Countries

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As God always breathes life into the world, communities around the globe come together to celebrate Easter—a time of renewal, joy, and cherished traditions.”

From the heart of bustling cities to the peace of rural towns, Easter traditions bring people together in a tapestry of culture and faith.”

Narrator: “In churches worldwide, the faithful commemorate the resurrection of Jesus Christ, the cornerstone of Easter, with solemn ceremonies and joyous hymns.”

In kitchens, families come together to prepare sumptuous feasts—traditional dishes passed down through generations, enjoyed in the warmth of loved ones’ company.”

In towns and villages, the streets come alive with colorful processions and jubilant parades—celebrating the arrival of spring and the promise of hope.”

Today on the space.com, let’s explore how some countries celebrate Easter.

Easter In Ethiopia

Fasting is crucial in many African countries, and Ethiopia isn’t left out. It all starts with 56 days of fasting, during which no meat or dairy products are consumed.

On Sunday, people dress in white and join a massive feast for a traditional meal called Doro wot, which consists of spicy chicken stew, Injera bread, and honey wine.

Also, the Ethiopian Orthodox Church celebrates it roughly two weeks later than the West because of this fasting period.

Easter In South Africa

Although there are many churches in South Africa who follow Western traditions, there are also ones that have retained the African traditions, such as African Zionist churches.

During their church services, members of the Zion Christian churches perform a traditional dance called Mkhukhu, which involves a lot of stamping on the foot.

Such practices are especially common in churches of Limpopo and KwaZulu-Natal.

Some authorities find the rituals overly Africanized and not fitting in the spirit of Easter, while others argue that it is only natural because these traditions have existed long before Christianity came to Africa.

Easter In Nigeria

Nigeria is one of the African countries that brings festival vibes to Easter. Not only the churches but also streets and parks are packed with people.

Igbo people living in Southern Nigeria have a distinct masquerade dance called Mmo, where young men dance in colorful costumes and masks.

In addition, many churches and houses get decorated with palm branches.

It refers to Palm Sunday, which is when Jesus entered Jerusalem to bring peace.

In Nigeria there are no Easter Bunny and egg hunts. Easter is a four day holiday starting on Good Friday and going through Easter Monday. The holiday is about the celebration of God’s gift of washing away sins and spending time with families.

On Easter Sunday, People are ready to celebrate. Most Christians attend church and then move into the streets where there is dancing and beating of drums.

Families usually gather together and have a dinner after church which includes all the foods they couldn’t eat during Lent (dairies and flesh meats).

Easter In Kenya

Kenya is another country that brings in different forms of feast and entertainment. Kenyan cuisine stands out with the spicy grilled meat called Nyama Choma, and Ugali, which is a maize flour porridge specific to Kenya.

In Nairobi, you can see a lot of families hiking at Karura Forest and having a picnic.

In the meantime, Mombasa experiences one of its peak times with many families staying at the resorts.

Mombasa’s massive street markets sell crafts and food-related to Easter tradition in Africa.

Easter In Rwanda

Unlike many other African countries celebrating Easter, Rwanda’s version of Easter is reminiscent of a tragedy in the past. April 7, 1994, marks the beginning of a civil war, where over a million Tutsi people were massacred during the RPA/F rebellions.

The church services put a strong emphasis on commemorating them through prayers and songs.

Because the preparations for the genocide’s memorial clash with the Easter holidays, the celebrations are kept at a minimum level.

Ghana

For many Ghanaians, Easter is the time that the country becomes Africa’s hub of art and sports.

The capital city Accra takes the lead in celebrations as the host of the annual Easter Comedy, which brings in famous stand-up comedians from all over Africa.

The coastal city of Kwahu hosts the annual Paragliding Festival that employs paraglider pilots from all around the world.

If you want to visit Ghana, remember Easter would be a great opportunity to conquer your fear of heights and falling.

Easter in Ghana is also the time many people migrate to Kumasi and Lake Bosomtwe in search of tranquility, while people from ethnic groups like Kwehu visit their elderly family members to pay respect.

Here, we take a look at some Easter traditions around the globe and the history behind them.

Easter In Spain

Known in Spain as Semana Santa, or Holy Week, Easter is observed for an entire seven days on the Iberian peninsula.

Celebrations begin during the last week of Lent, and it is marked by huge and elaborate religious processions in nearly every single town and village across the country.

People parade through the streets in costumes or in hooded robes, carrying intricate religious floats depicting difference scenes from the bible, while often accompanied by live music.

Some of the most well known take place in Zamora, Valladolid, Seville and Granada.

Treats such as torrija (similar to French toast), pestiños and cakes are all popular around this time as well.

Easter in France

Much like in Spain, many of France’s Easter customs stem from Catholic tradition and as such the holiday is usually a more religious affair than the UK’s.

One such tradition dictates that church bells stop ringing around Easter as a mark of respect for Jesus’ death, and to explain their silence children are told the bells have flown to Rome to be blessed by the Pope.

On the morning of Easter Sunday – Jesus’ resurrection – the bells then fly back to France loaded with sweet treats which they drop into gardens for the children. Once they are back in their steeples they then start ringing joyfully again.

Traditional food revolves around lamb, cheese, potatoes and chocolate. In the town of Bessières thousands of people gather on the Monday morning to make a giant omelette, usually consisting of 15,000 eggs and 40 cooks.

Easter in Germany

Good Friday and Easter Monday are both public holidays in Germany, and they celebrate by lighting bonfires around sunset on Holy Saturday.

Some places have turned the “osterfeuer” (Easter bonfire) into mini festivals with stands selling sausages, wine and funfair rides while other communities stuff huge bales of straw into a wooden wheel, set it on fire and roll it down a hill (known as the Osterrad).

Other traditions include decorating an “Easter tree” with hand painted eggs, known as the Ostereierbaum. Usually, families hang the ornaments from a small household tree, however you can hang them from bigger foliage in your garden.

It is also traditional in Germany to eat something green on Maundy Thursday, which is called Gründonnerstag – or “green Thursday”. Spiced, sweet bread, enriched with eggs and dairy and dotted with almonds, candied peel raisins are also popular during Easter for breakfast and afternoon tea.

Easter in The Philippines

Devout Catholics in the Philippines will volunteer to be “crucified” on Good Friday to reenact Jesus’ suffering, in a particularly gruesome practice that has been condemned by the church.

Thousands watch the reenactment, known as the San Pedro Cutud Lenten Rites, in the province of Pampanga, in which believers are nailed to crosses to atone for their sins or pray for others.

Penitents volunteer to have nails measuring two inches long hammered into their palms and feet by people dressed as Roman centurions and nailed to a cross. They are only taken down from the cross once they feel atoned of their sins.

The practice, which is believed to date to the 1950s, also sees other penitents flagellate themselves using bamboo sticks tied to a rope.

Easter In Brazil

Brazilians celebrate Easter in many different ways. Christians celebrate the Holy Week whereas non-religious people will focus more on spending time with their families and friends and gifting chocolate eggs.

Chocolate fever starts just after Carnival when you see the supermarkets clear the aisles and create displays of thousands of chocolate eggs of every shape, color, and size. It’s beautiful, but overwhelming!

For a country of over 200 million people, there’s no shortage of chocolate eggs. There’s a long tradition of gifting chocolate eggs of every size and type to everyone you know.

Especially large, beautifully wrapped chocolate eggs that come with an extra decadent filling or toy. There’s literally a chocolate egg for every taste and preference!

Many families will also make their own chocolate eggs at home. It’s customary to buy chocolate egg shells and then fill them with brigadeiro spread, cake, sauces, and sprinkles and then eat the entire thing with a spoon!

So, that’s it on space.com we’ve been talking easter traditions in different countries of the world.

These traditions offer a glimpse into the diverse ways Easter is celebrated around the world, each with its own cultural significance and customs.

As the sun sets on another Easter day, we are reminded of the timeless traditions that bind us together, transcending borders and cultures, and filling our hearts with joy.

Thanks for watching SPACE.COM “Happy Easter, from all of us, to you and your loved ones.”

FCCPC Discovers Deceptive Rice Weight in Abuja Market

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The Federal Competition and Consumer Protection Commission (FCCPC) on Thursday said it discovered a deceptive rice weight claim in the Garki Modern market in Abuja.

The FCCPC disclosed this in a statement signed by its acting Executive Vice-Chairman/Chief Executive Officer, Adamu Abdullahi.

Mr Abdullahi said the commission on Wednesday conducted a targeted enforcement operation at the Garki Modern Market in Abuja.

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He explained that the action was part of the commission’s ongoing efforts to protect consumer rights and interests, as mandated by the Federal Competition and Consumer Protection Act (FCCPA) 2018, particularly under Sections 17(l)(s), 116(2), 124, 125, 138, and 155.

He noted that the operation aimed to verify the accuracy of product claims on 25kg and 50kg bags of rice.

“Our findings revealed discrepancies between the weight claims and the actual content. Such practices not only violate the FCCPA but also exploit consumers through deceptive means.

“Consequently, we have issued summons to the perpetrators. They are required to appear before the Commission and provide written undertakings to cease these deceptive practices. A Mutual Supervisory Understanding (MSU) will also be issued to monitor compliance.

“As we approach the festive season, like every other season, the FCCPC encourages consumers to demand and insist on full value for money. We advise verifying the weight of rice packages to align with stated claims and report any inconsistencies through the complaint tab on our website,” he said.

Abdullahi said in accordance with Section 125 of the FCCPA, businesses must not make false or deceptive representations about material facts to consumers.

“Section 138 further places liability on manufacturers, importers, distributors, and suppliers for breach of implied obligations by law, including product claims,” he added.

He assured that the commission is committed to safeguarding consumer rights and will continue to relentlessly pursue fairness in the marketplace.

NNPCL Promises To Surpass 1.78MB/D Budget Target

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The Nigerian National Petroleum Company Limited (NNPCL) has promised to surpass the 2024 budget benchmark of 1.78million barrels per day (Mbpd).

Its Group Chief Executive Officer, Mele Kyari, who gave the assurance  recalled that in 2022, the country was producing as low one million barrels per day owing to security challenges.

According to him, the production is now near 1.7mb/d.

Nigeria to Increase Crude Oil Production To 3MB/D- NNPCL

The NNPCL boss disclosed this while delivery his keynote address at the Society of Petroleum Engineers (Oloibiri Lecture Series and Energy Forum (SPEOLEF) in Abuja.

The theme of was “Stability in the Energy Sector: Integrated Strategies for Infrastructure, transportation and security.

He said: “In 2022, we were close to a million barrels or less. The intervention and with the security architecture we have in place today we are we are close to 1.7million barrels.

“We know that by the end of the year, we will be able to meet, first the budget target for the country and potentially exceed it.”

He noted that NNPCL is working with its partners to address the security challenges.

He lamented that half of Nigeria’s population has no access to energy.

According to him, there is need to first gain access to energy before considering its security. Kyari said Nigeria has to bridge the energy gap before mulling how to secure it.

He noted that “It is a huge gap we have to fill before we even worry about security. You can’t secure what you don’t have.”

CBN Directs All Banks to Increase Capital Base

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The Central Bank of Nigeria (CBN) on Thursday announced an increase in the capital base for different categories of banks in the country.

A statement by the CBN’s Acting Director of Corporate Communications, Hakama Ali, said the capital base of banks with international authorisation had been increased to N500 billion while that of national banks was increased to N200billion.

The CBN noted that commercial banks with regional authorisation are expected to achieve a N50 billion capital base. In contrast, merchant banks are expected to shore up their capital to N50 billion as the minimum capital requirement.

The apex bank directed non-interest banks with national and regional authorisations to boost their capital to N20 billion and N10 billion, respectively.

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The CBN noted that all banks are required to meet the minimum capital requirement within 24 months, commencing from 1 April and terminating on 31 March 2026.

According to the banking industry regulator, the policy shift was made “in furtherance ofits statutory responsibility to promote a safe, sound and stable banking systemand in line with Section 9 of the Banks and Other Financial Institutions Act(BOFIA) 2020,” the statement said.

Olayemi Cardoso, the apex bank chief, is on a drive to help President Bola Tinubu attain his dream of a $1 trillion economy by 2030 and had enjoined banks as early as last November to brace up for a capital raise that will enable them boost capital adequacy and accelerate an economy that has seen sluggish growth since exiting a recession three years ago.

Thursday’s directive to banks leaves them with options including seeking new equity capital by way of private placements, rights issue and/or offer for subscription; mergers & acquisitions and/or upgrade or downgrade of license authorisation.

For existing banks, the minimum capital “shall comprise paid-up capital and share premium only. For the avoidance of doubt, the new capital requirement shall not be based on shareholders’ fund,” CBN said.

It further stated that additional Tier 1 capital – the type of capital that represents the main equity assets of a bank – does not qualify for the purpose of fulfilling the new requirement.

Lenders that flout the capital adequacy ratio requirement will have to infuse fresh capital to regularise their position, CBN said.

All fresh requests for banking permits submitted after 1 April have to conform to the new minimum capital requirement.

The apex bank directed all banks to hand in an implementation plan showing the selected option for meeting the new capital requirement to the Director of Banking Supervision Department of the bank by the end of next month.

EFCC Takes Over Binance Probe, Charges Firm $35.4M

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The Economy and Financial Crimes Commission has charged Binance Holdings Limited and two of its senior executives, Tigran Gambaryan, and Nadeem Anjarwalla – who is on the run, with $35,400,000 money laundering.

EFCC, which has now fully taken over the case from the Office of the National Security Adviser, has also detained Gambaryan, and has obtained a court warrant to arrest and extradite the escapee Anjarwalla.

The anti-graft commission is partnering with the International Criminal Police Organisation, the United States’ Federal Bureau of Investigation, the government of the United Kingdom of Great Britain and Northern Ireland, and the Kenyan government, to effect the arrest and extradition of Anjarwalla, the fugitive who fled from lawful custody in Nigeria.

Following the takeover of the investigation into the alleged financial irregularities committed by Binance, the EFCC has filed five-count charges bordering on money laundering against the cryptocurrency giant and two of its executives, Anjarwalla and Gambaryan.

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The court documents revealed that the charges were filed on Thursday, March 28, 2024, before the Federal High Court of Nigeria, Abuja division.

The charges read, “That you, Binance Holdings Limited (“aka Binance”) Tigran Gambaryan, and Nadeem Anjarwalla (now at large), between January, 2023 and January, 2024 in Abuja within the jurisdiction of this Honourable Court carried on specialised business of other financial institution without valid licence and thereby committed an offence contrary to section 57(1) and (2) of the Banks and Other Financial, Institutions Act, 2020 and punishable under section 57(5) of the same Act.

“Count two, that you, Binance Holdings Limited (“aka Binance”) Tigran Gambaryan, and Nadeem Anjarwalla (now at large), between January, 2022 and January, 2024 in Abuja within the jurisdiction of this Honourable Court engaged in business of other financial institution (other than insurance, stock broking and pension fund management) without valid licence and thereby committed an offence contrary to and punishable under section 58(5) of the Banks and Other Financial Institutions Act, 2020.

“Count three, that you, Binance Holdings Limited (“aka Binance”) between January, 2022 and January, 2024 in Abuja within the jurisdiction of this Honourable Court not being an authorised dealer in Nigeria’s Autonomous Foreign Exchange Market used your virtual asset services platform to unlawfully negotiate foreign exchange rates in Nigeria and you thereby committed an offence contrary to and punishable under section 29(1) (c) of the Foreign Exchange (Monitoring And Miscellaneous Provisions) Act.

“Count four, that you, Binance Holdings Limited (“aka Binance”) Tigran Gambaryan, and Nadeem Anjarwalla (now at large), and other persons at large between January, 2023 and January, 2024 in Abuja within the jurisdiction of this Honourable Court conspired amongst yourselves to conceal the origin of the proceeds of your unlawful activities and thereby committed an offence contrary to section 21 (a) and punishable under section 18(3) of the Money Laundering (Prevention and Prohibition) Act, 2022.

“Count five, that you, Binance Holdings Limited (“aka Binance”) Tigran Gambaryan, and Nadeem Anjarwalla between January, 2023 and December, 2023 in Abuja within the jurisdiction of this Honourable Court concealed the origin of a cumulative sum of $35,400, 000 generated as revenue by Binance in Nigeria knowing that the funds constituted proceeds of unlawful activity and you thereby committed an offence contrary to and punishable under section 18(3) of the Money Laundering (Prevention and prohibition) Act, 2022.”

Recall that the Federal Government, on Monday, contacted the International Criminal Police Organisation and issued an arrest warrant for the apprehension of one of the detained executives of a global crypto-currency firm, Binance, Nadeem Anjarwalla, who escaped from lawful custody on Friday.

The escapee Binance official, who has British and Kenyan nationalities, escaped from Abuja through a Middle East airliner, as his firm in Nigeria confirmed that Anjarwalla was no longer in the country, adding that the company would cooperate with security agencies.

Panel Query FIRS Boss Over Refusal to Appear Before It

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The House of Representatives Public Accounts Committee has warned the Chairman, Federal Inland Revenue (FIRS), Zacch Adedeji against his alleged refusal to appear before the committee on invitation.

The committee said that Adedeji’s actions amounted to contempt of parliament.

Chairman of the committee, Bamidele Salam, said this at the resumed investigative hearing of revenue leakages in Abuja on Thursday.

The chairman, while reading the riot act against the FIRS chairman, said that this is the fourth time the committee would be inviting the FIRS chairman but he failed to show up.

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According to him, in addition to writing him officially, “we have also made sure that such letters were delivered personally to his mail box and his WhatsApp number.”

“And we condemn and describe it as irresponsible and arrogant, and we tell him that there will be consequences if he continues this contempt of the parliament.”

He said that several letters had been written to him without responses, adding that the Value Added Tax that the federal government should be collecting on Remitta had not been collected by FIRS.

He said some VAT from the revenue collected by Remitta ought to have gone to the FIRS, but added that “they would rather add the VAT together and share it with the CBN, Bank, and Remitta”.

He said, “by the time we finished our reconciliation, the money would be in hundreds of billions,” adding that “this was what they were asking the FIRS to come and collect, but the service had refused to show up.”

Turkish Airlines Returns To Libya After Near Decade-Long Break

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Turkey’s flagship carrier, Turkish Airlines, has resumed flights to Libya’s capital, almost 10 years after they were suspended over security concerns in the conflict-torn country.

The airlines’s chief executive, Bilal Eksi, attended a ceremony at Mitiga International Airport on Thursday to mark its first flight to Libya since 2015, where he also expressed delight that flights have resumed to Libya with which they have historical ties.

A company spokesman told News Correspondents that Turkish Airlines will operate flights to Tripoli three times a week on Tuesdays, Thursdays and Sundays.

Turkish Airlines flies to 130 countries and 346 destinations.

Libya is still struggling to recover from years of war that followed the overthrow and death of longtime dictator Moamer Kadhafi in 2011.

The country’s rule is split between rival administrations — Tripoli in the west and Benghazi in the east.

Turkey has backed the Tripoli government but Foreign Minister Hakan Fidan said in February that Ankara would soon reopen its consulate in Benghazi.

At the time, he said he want’s Libya to resolve its problems through dialogue, adding that they do not want the current existing division between the east and west to become permanent.