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Bill Gates To Pay Nigeria’s $76m debt

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Bill Gates To Pay Nigeria’s $76m debt

Nigeria has authorised Bill and Melinda Gates Foundation to start the repayment of $76 million polio eradication loan to Japan. Bill Gates The Minister of Finance, Mrs Kemi Adeosun, made this known in Abuja on Tuesday when she received a delegation of Japanese House of Councillors Parliamentarians. She said that the delegates were in Nigeria to assess the level of usage of Overseas Development Assistance (ODAs) extended to Nigeria since 2014.

She added that the authority to trigger repayment was given to Bill and Melinda Gates Foundation following the eradication of polio in the country. She noted that the eradication of polio was made possible as a result of the ODA facility provided by the Japanese Government valued at $76 million in 2014.

She recalled that the ODA was structured for repayment after four years and that by this development, Bill and Mellinda Gates Foundation would start repaying the facility to Japan this year. Adeosun while marketing Nigeria to the Japanese delegation noted that Nigeria was fast growing and evolving from negative areas to positive areas through its determined fight against corruption.

She added that “because Nigeria is a middle income country, we will require the expertise of Japanese companies for infrastructure development. “Nigeria is a good place to invest because it is a rising investment destination. “I promise that the government will make life easy for Japanese investors wishing to do business in Nigeria.”

In his address, the leader of the delegation, Mr Kiyoshi Ejima, described Nigeria as a power house with rich natural resources with which Japan tried to strengthen relationship with. Nigeria, he said, had set the target of becoming one of the top 20 economies by the year 2020 and he assured that “Japan will support Nigeria toward realising its 2020 target.”

MUSIC

Is Rotimi The First Artist To Bring Afrobeats To The United States?

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Rotimi Says He's The First Artist To Bring Afrobeats To US | Fab.ng

Singer Rotimi went on a podcast, the “85 South Show Podcast,” to talk about his career success.

Rotimi also discussed his role in bringing Afrobeats, a music genre with African roots, to the attention of American audiences.

Rotimi claims he was the first artist to introduce Afrobeats-inspired music in the US. This was even before collaborations with international artists became popular and helped spread Afrobeats globally (“Afrobeats to the World” movement).

Interestingly, Rotimi mixes R&B with Afrobeats in his own music. He even mentioned a song called “Love Riddim” that he released in 2018. Unfortunately, radio stations didn’t accept it well because of the Afrobeats sound.

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MOVIES

Funke Akindele Brings Back Jenifa With New Series “Everybody Loves Jenifa”

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"Everybody Loves Jenifa": New Series Of Jenifa's Diary | Fab.ng

Calling all Jenifa’s Diary fans! Get ready for a fresh serving of laughter with the return of your favourite comedy series. The show is getting a makeover, complete with a brand new name: “Everybody Loves Jenifa.”

This is fantastic news for fans who have been following the hilarious journey of Jenifa since her first appearance in 2008. The character, created by the talented Funke Akindele, proved to be a scene-stealer, and she quickly landed her own television series, “Jenifa’s Diary,” in 2015.

The show chronicled the adventures of Jenifa, a naive yet funny character, and it resonated with audiences, making it a ratings hit.

But the Jenifa series extends far beyond the original series. The character’s popularity spawned a whole franchise, allowing viewers to see different sides of Jenifa.

In 2011, fans were treated to “Return of Jenifa,” a sequel to the original movie. Then came “Aiyetoro Town” (2019), a spin-off series that transported audiences to Jenifa’s village, offering a glimpse into her roots. Even the challenges of a global pandemic couldn’t keep Jenifa down.

In 2021, a special titled “Jenifa on Lockdown” gave fans a hilarious look at how Jenifa was coping with the new normal.

By December 2024, Jenifa would be back for another round of laughs with “Everybody Loves Jenifa.” This new title hints at the universal appeal of the character and the series’ promise to deliver side-splitting comedy once again.

Whether you’re a longtime Jenifa devotee or a new viewer curious about the buzz, “Everybody Loves Jenifa” is sure to tickle your funny bone. So get ready to join the crowd and celebrate the return of this character!

Check out more movie updates here.

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ENTERTAINMENT

Hilda Baci Responds To VeryDarkMan’s Allegations Of Fraud

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Hilda Baci Responds To Allegations By VeryDarkMan | Fab.ng

A social media influencer named VeryDarkMan accused Nigerian chef Hilda Baci of scamming people who paid for her online cooking class but never received access.

Hilda Baci, who holds a Guinness World Record, isn’t taking these claims lightly. On April 23rd, 2024, she fought back against the accusations. Baci posted a screen recording of her online cooking class in action. The video showed activity within the online platform, including new students joining, media being shared, and overall engagement—all evidence to counter the claims that the class wasn’t happening.

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