Reps consider legalising cannabis cultivation
The House of Representatives is purposing the legalisation of cultivating and trading of cannabis for medical and cosmetic use, research purposes as well as revenue generation for Nigeria.
This is being proposed in the Cannabis Control Bill 2020, sponsored by Miriam Onuoha, which is awaiting second reading. The bill is titled, ‘A Bill for an Act to Regulate the Cultivation, Possession, Availability and Trade of Cannabis for Medical and Research Use, and Related Purposes.’
Nigeria will loss $1tn oil revenue in 20 years – PwC
Nigeria and other oil-producing African countries will lose an estimated N1tn in oil export revenues over the next 20 years as prices are forecast to remain low, according to a report by PricewaterhouseCoopers.
In its Africa Oil and Gas Review 2020, PwC said oil production in Africa saw a decline of 10 per cent in 2020 from 8.3 million barrels per day, driven by the COVID-19 demand slowdown for exports.
Presidency delays action on Salami’s report on Magu
Months after the Justice Ayo Salami (retd.) report of the suspended acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, President Muhammadu Buhari (retd.), has yet to take a decision on it.
The panel, which was set up in July 2020 to investigate various allegations of corruption against Magu, submitted its report to the President on November 20, 2020. Salami while submitting the report, said the panel received 46 petitions and memoranda from individuals and organisations with complaints against the suspended acting chairman, EFCC or both.
14 killed in bus crash in Kogi
Fourteen persons were reportedly killed on Wednesday in an accident involving a truck and commercial bus in old Akpata along Obajana -Lokoja road in Kogi State.
Kingsley Fanwo, Commissioner for Information and Communication, in a statement on Wednesday, 6 January 2021 stated this, adding that the government had sympathised with families of the victims.
The commissioner narrated that preceding reports showed that the accident involved a bus and a truck conveying cement from Obajana.
Twitter, Facebook block Donald Trump over social media post
Twitter and Facebook suspended Donald Trump on Wednesday, 6 January 2021 over posts accused of inflaming violence in the US Capitol.
The sanctions came as Trump took to social media to repeat his diverse false claims about fraud and other indecencies in the election he lost to Joe Biden in 2020.
Michael is a dynamic writer who is still exploring the nuances of life and being human. When I’m not writing, I’m out with friends or spending nice time alone watching movies or TV Shows.
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