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Federal Executive Council, FEC Approves $396m Loans

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The Federal Executive Council, FEC, has approved two external loan facilities worth $396 million to fund humanitarian and health projects in northern Nigeria.

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this to State House correspondents after Thursday’s FEC meeting presided over by President Bola Tinubu at the Presidential Villa, Abuja.

According to him, the first facility is a $300 million credit from the World Bank to support internally displaced persons (IDPs) and host communities across several northern states.

The second loan, totalling $96 million, will be jointly financed by the Islamic Development Bank (IsDB) and the African Development Bank, AfDB, with $50 million and $46 million contributions, respectively, for the Sokoto Health Infrastructure Project. The Sokoto State Government is also expected to provide counterpart funding.

Edun said the loans are aimed at rebuilding communities affected by conflict and strengthening healthcare delivery in the region.

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Morocco Winners of AFCON 2025, Strips Senegal of Title

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The Confederation of African Football (CAF) has announced Morocco as winners of the 2025 Africa Cup of Nations.

The CAF Appeal Board ruled in favour of Morocco, declaring that Senegal forfeited the AFCON final by walking off the field during the game.

Morocco were awarded a 3–0 walkover victory.

This decision upholds Morocco’s appeal following the chaotic events in the match.

DAILY POST recalls that the Senegal team briefly walked off the pitch in protest after a controversial penalty was awarded to Morocco late in regulation time.

They were called back to the field by their captain, Sadio Mané, and later won the game 1–0.

CAF determined that this action constituted a violation of Article 84, or the equivalent regulations concerning refusal to play or abandoning the field.

Under AFCON rules, a team that refuses to continue playing or leaves the field without authorization faces elimination and forfeiture of the match.

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BREAKING NEWS: 3 security Agent Slump During Soludo’s 2nd Term Inauguration

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A total of three operatives of different security agencies in Anambra State collapsed during the inauguration of Anambra State Governor, Prof Chukwuma Soludo, on Tuesday.

The incident happened during the parade at the Dr Alex Ekwueme Square in Awka.

The three operatives are one male police operative, another male operative of the Directorate of State Services (DSS) and a female operative of the Nigeria Security and Civil Defence Corps, NSCDC.

The police operative collapsed first, followed by the NSCDC operative, who slumped towards the end of the event and was later escorted to an ambulance, after she refused to be moved in a stretcher.

A source said the police operative was later resuscitated, but was still not stable, and was taken in an ambulance to Chukwuemeka Odumegwu Ojukwu University Teaching Hospital, Amaku Awka.

The collapse of the service officers was attributed to fatigue and the long period of parade under harsh sunny weather.

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