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Federal Government has issued an insurance guideline to drive the retention of oil sector financial spending in Nigeria and help reverse capital flight.
This was disclosed by the Executive Secretary, Nigerian Content Development and Monitoring Board, Simbi Wabote, to newsmen in Abuja.
Wabote noted that the guideline was in accordance with the law.
Italy has declared a state of emergency over a worsening drought that has plagued five northern regions in the Country. This was disclosed by the Country’s Prime Minister, Mario Draghi on Monday. Draghi revealed that the cabinet approved 36.5 million euro fund to help those affected in the region.
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