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Socialist and Greens obstructing COVID-19 recovery

“I am shocked by the voting of the Greens and in particular the Social Democrats. The S&D Group have been obstructing the negotiations and opposed numerous amendments that would have facilitated financing for Small and Medium-Sized Enterprises (SMEs) to recover from the pandemic”, said Markus Ferber MEP, EPP Group Spokesman in the European Parliament’s Economic and Monetary Affairs Committee. His comment follows today’s vote on the changes – a quick fix – to the rules laid down in the Markets in Financial Instruments Directive (MiFID II).

<div>S&Ds reject MiFID Quick Fix as harmful deregulation of markets, at a time we should be supporting SMEs</div>

The Socialists and Democrats are leading the drive to reject the Markets in Financial Instruments Directive (MiFID) Quick Fix, and today voted against it in the European Parliament’s economic and monetary affairs committee. The European Commission’s declared objective was to amend the MiFID regime to alleviate the impact of the Covid-19 crisis to encourage investment in the real economy and free up resources for both companies and investors.

States Receive N123. 348bn Performance Grant From FG

States Receive N123. 348bn Performance Grant From FG State Goverments in the federation has received  another round of performance-based grants  in the sum of N123.348billion (USD324.6million) under its States Fiscal Transparency Accountability and Sustainability (SFTAS) Programme for Results. Finance, Budget and National Planning Minister Mrs. Zainab Shamsuna Ahmed, who disclosed this in a statement signed […]

US Capitol Insurrection, Victims of Karma and a Lesson for Nigerian’s on National Pride  

US Capitol Insurrection, Victims of Karma and a Lesson for Nigerian’s on National Pride   By Mohammad Dahiru Lawal   This is surely one of the most vulnerable moments in world history; a time when internet community coordination and mobilization is becoming a highly potent weapon for disruptive convergence, a time when dissents are evolving from […]

SON In Rivers Generates N85m Revenue Through Service Charges

SON In Rivers Generates N85m Revenue Through Service Charges         The Standard Organisation of Nigeria, SON, in Rivers State has generated N85 million to the Federal Government through Service Charges in 2020. This was just as the Organisation also vowed that it would beam its searchlight on the petroleum industry, adding that […]