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Transfer: Donny van de Beek’s father explains ‘dream’ Man Utd transfer choice



images 3 4 Transfer: Donny van de Beek's father explains 'dream' Man Utd transfer choice

Donny van de Beek’s father explains ‘dream’ Man Utd transfer choice

United have agreed a £40million fee with Ajax for van de Beek’s signature with the Dutchman expected to put pen to paper within the next week.

The 23-year-old has long been linked with a switch away from Ajax and is now due to sign a five-year deal at Old Trafford.

Discussing his son’s impending transfer, Andre van de Beek told Omroep Gelderland it was “a dream come true” and called United a “wonderful club”.

Real Madrid were one of the sides previously linked with van de Beek, and Andre claimed there was more than one offer on the table, “but Donny decides himself,” he said.

Van de Beek hails from the small town of Nijkerkerveen, which is just south east of Amsterdam, and the player’s dad added: “It’s a proud village.”

The midfielder played 34 times for Ajax last season, scoring 10 goals, and was one of the last of the star’s of the club’s 2018/19 Champions League run remaining.

He has had to remain patient as the likes of Matthijs de Ligt, Frenkie de Jong and Hakim Ziyech all sealed moves to big clubs abroad, but van de Beek finally has his chance.

“He deserves it,” said Jan van Leuveren, who is chairman of van de Beek’s old academy side Veensche Boys.

Van de Beek even still gives money to the academy to help with their running costs and developing their facilities.

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Tinubu, Oshiomhole quiet days after APC loss in Edo



Tinubu Oshiomhole 880x536 1 Tinubu, Oshiomhole quiet days after APC loss in Edo

The September 19 , 2020 Edo State governorship election has come and gone but the embers of the episodic event continue to glow in the glade of public discourse.
Although 14 parties fielded candidates for the poll , the result of the election showed it was a two- horse race between the Peoples Democratic Party and the All Progressives Congress .
According to the Independent National Electoral Commission, PDP candidate , Governor Godwin Obaseki , polled 307, 955 votes to defeat his closest rival and APC candidate , Osagie Ize – Iyamu, who got 223, 619 votes .
The electoral umpire on Sunday subsequently declared Obaseki as the winner of the keenly contested election . INEC also on Tuesday presented certificates of return to the re -elected governor and his deputy, Philip Shaibu, at INEC office in Aduwawa , Benin City, the state capital .
The President , Major General Muhammadu Buhari ( retd. ) , has since congratulated Obaseki on his re – election . The APC national body has also conceded defeat and congratulated the opposition PDP and its candidate .
But while the congratulatory messages poured in for Obaseki and his party , nothing has been heard from the quarters of former National Chairman of the APC , Adams Oshiomhole; and former Lagos State Governor , Bola Tinubu , who were active political actors during the electioneering process that preceded the election .
how Tinubu , in a televised broadcast a few weeks to the election , accused Obaseki of not being a democrat and how he had asked the people of Edo to reject him at the polls.
Tinubu , an APC chieftain , had also said Obaseki committed an impeachable offence in the heat of the crisis that rocked the Edo State House of Assembly weeks before the election .
On his part , Oshiomhole, who was Edo governor from 2008 to 2016 , was instrumental to the emergence of Obaseki as his successor . The two, however, soon fell out and Obaseki , who was elected on APC platform in 2016 , defected to the PDP on June 19 , 2020, after being denied APC ticket owing to intra – party squabbles .
Oshiomhole during the build – up and politicking to the 2020 governorship election in the state had said he sold a bad product to the people of the state in 2016 when he campaigned for Obaseki.
Armed with a megaphone at a rally late July 2020 , the former APC national chairman , who vigorously campaigned for Ize – Iyamu this time around , had gone on his knees and had asked his supporters to repeat a prayer after him .
He had said , “ To those I sold the product that turned out to be fake , God you know I didn ’ t know he was fake . Only time shall tell who a man is. In the name of the poor he has borrowed to consultants he transferred the money .
“ With our broom , we shall sweep him out . Together, we will bring your servant who is God – fearing , who will not repeat his mistakes and will complete the project of taking Edo to the next level . All these and many more we say in the mighty name of our Lord Jesus Christ .”
Meanwhile , despite the fact that the APC national body conceded defeat in the election , the party in the state rejected the outcome of the poll , alleging foul play and citing alleged “ strong – arm tactics ” .
Ize – Iyamu also said he was still “ studying the results along with other party members” and will announce his next move soon .
When contacted , Oshiomhole’ s media aide , Victor Oshoke , told in a telephone interview on Tuesday evening that his principal has no comment or reaction to make on the outcome of the election .
He said , “ The result has been announced and the party in the state is consulting ; the position of the party will be released very soon . Oshiomhole does not have a personal opinion to make on the election now – he is waiting for the party ’ s position. ”
Oshoke added, “ We have a candidate and we are waiting for the candidate’ s statement . When the candidate speaks , Oshiomhole will align with the candidate’ s decision . Edo APC is waiting for our candidate to speak. ”
On his part , Tinubu ’s spokesperson , Tunde Rahman , told our correspondent in a telephone interview on Tuesday evening that his principal would speak “ at the appropriate time ” .
“ Asiwaju has not spoken . At the appropriate time , he will speak on that election , ” Rahman tersely responded when asked of his principal ’ s reaction to Saturday’ s poll .
In the meantime , Obaseki on Tuesday called on Oshiomhole, Ize – Iyamu and other APC members to put their differences aside and work for the betterment of the state.
“ We have no malice, the only thing we disagreed on is in the approach in moving Edo forward ,” the re – elected governor said .

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CBN prepares for recession, reduces benchmark lending rate to 11.5%



images 59 2 CBN prepares for recession, reduces benchmark lending rate to 11.5%

The Central Bank of Nigeria on Tuesday reduced the Monetary Policy Rate by 100 basis points from 12. 5 per cent to 11 . 5 per cent after its two- day Monetary Policy Committee meeting in Abuja.
The 10 members of the committee who were in attendance voted to retain the Cash Reserve Ratio and Liquidity Ratio at 27 .5 per cent and 30 per cent respectively .
The MPC adjusted the asymmetric corridor from +200 /- 500 basis points to +100 /- 700 basis points around the MPR .
The Central Bank Governor , Godwin Emefiele , disclosed these while presenting the communiqué after the meeting.
He said , “ At present , fiscal policy is constrained and so cannot , on its own, lift the economy out of contraction or recession given the paucity of funds arising from weak revenue base , current low crude oil prices , lack of fiscal buffers and high burden of debt services . ”
He said the committee expressed deep concern on the continued uptick in inflation for the twelfth consecutive month as headline inflation ( year – on – year ) rose to 13 . 22 per cent in August from 12 .82 per cent in July 2020.
“ The increase in headline inflation was largely driven by the persistent increase in the food component, which rose to 16 per cent in August 2020 from 15 .48 per cent in July 2020, ” he said .
Emefiele said the committee stressed the urgent need for a combination of broad – based monetary and fiscal policy measures to curb the rise in inflation and contraction in output growth .
Explaining further , he said , “ In the light of this , reducing MPR will signal to the Deposit Money Banks to lend more to stimulate growth , increase aggregate supply , which should dampen prices in the immediate term .”
Emefiele said , “ The MPC was, at this meeting , confronted by policy dilemma .
“ Whereas MPC believes in the primacy of its price and monetary stability mandate, it nevertheless was confronted with what policy direction to focus on, given the contraction in output growth during the second quarter of 2020, which may lead to a recession, if the third quarter of 2020 output growth numbers further show a contraction .
“ It is , therefore , of the view that , if a recession occurs in Q3 , the committee would be confronted with proposing policy options in a period of stagflation . ”
“ The committee also noted the rising public debt profile and urged the fiscal authority to strengthen its debt management strategy , explore other sources of revenue , as well as enhance efficiency in public expenditure ,” he added.
Financial experts, however, differ on the reduction in the MPR .
The Director – General , Lagos Chamber of Commerce and Industry , Dr Muda Yusuf , said , “ The adjustment of the MPR by 100 basis points from 12 .5 per cent to 11. 5 per cent by the MPC was a surprise .
“ My expectation was that the status quo would be maintained.
“ Rates were already generally low in the money market . In fact , concerns were being expressed about the fact the real savings and deposits rate were negative.
“ But , I do not believe it would have any material impact on lending rates .”
A former President , Association of National Accountants of Nigeria , Dr Sam Nzekwe , praised the CBN for the reduction in the lending rate.
He said , “ That is a good development and it shows they are beginning to listen to what we are saying because some of us have always said the interest rates should come down. ”
Professor of capital market , Nasarawa State University , Prof . Uche Uwaleke , said , “ I expected the MPC to maintain the status quo , to hold the rates because of the spike in inflation that we witnessed last month .”
He added that the inflationary pressure and the pump price of fuel which was recently increased would exert more pressure on inflation .

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Without effective response to COVID-19, UN would have failed —Buhari



images 74 2 Without effective response to COVID-19, UN would have failed —Buhari

The President , Major General Muhammadu Buhari ( retd . ) , says if the United Nations system cannot mobilise the world to marshal out an effective response to the COVID- 19 pandemic , then the organisation would have failed in its core mission .
Buhari said this late Tuesday while delivering Nigeria ’s National Statement via video -message , on the first day of the 75 th session of the UN General Assembly Debate .
The theme of this year ’ s General Assembly is ” The Future We Want , The United Nations We Need : Reaffirming Our Collective Commitment to Multilateralism – Confronting Coronavirus Through Effective Multilateral Action . ”
Buhari promised that Nigeria will continue to partner with the World Health Organisation and some countries to ensure accelerated development and manufacturing, as well as the uninhibited supply of safe and effective Coronavirus vaccines to all .
He also pledged Nigeria ’ s commitment to working with member states in the spirit of global cooperation and solidarity to promote human health and general well – being.
He said , ” As we reflect on the future we want and the United Nations we need , we must realise that the people of the world not only look up to us : they count on us .
” If the United Nations system cannot mobilise the world to marshal out a truly effective and inclusive response to the coronavirus pandemic , then the United Nations would have failed in the core mission of giving expression, direction and solution to the yearnings of the international community.
” The future we want must guarantee human rights , human dignity , human prospects and prosperity. The principles of ‘Leaving No One Behind and Doing No Harm ’ must be expressed through accountability , strategic growth initiatives and elimination of threats of all kinds. ”
Buhari boasted that his regime had come up with different measures to provide a future of hope for Nigerians. He mentioned the implementation of the Economic Sustainability Plan and the Medium Term National Development for the period 2020- 2025 and 2026 – 2030 as parts of the measures put in place by his regime .
” We expect that these ambitious initiatives will deliver sustainable economic growth and development to Nigeria , ” he said .
Buhari expressed concern that the COVID- 19 pandemic has devastated the world economy , straining the capabilities of the health systems of many countries , including Nigeria .
He said , “ In the aftermath of the Coronavirus outbreak in Nigeria , we prioritised vulnerable groups , including women , children , older persons and the unemployed , in our efforts to provide medical and social assistance to cushion the socio- economic effects of the disease .
” Accordingly , we have expanded our National Social Register , to include an additional one million Nigerians. Our National Social Investment Programme has been the vehicle for reaching out to the poor and vulnerable members of the Nigerian population, as well as providing cover for over 12 million households . ”
The President lauded the efforts of the UN and the WHO in combating the pandemic . He applauded the $2 bn Global Response Plan launched by the UN Secretary- General to fund the coronavirus response in the poorest countries .
The President also commended the Secretary -General ’ s call for a cease – fire in conflict areas to enable humanitarian assistance reach groups vulnerable to Coronavirus.
He said his regime had commenced the disbursement of N 10. 9bn to households on Micro , Small and Medium Enterprises as palliatives as part of measures to reduce poverty.
He added that N 500bn fiscal stimulus package and sustained delivery of humanitarian and social interventions to poor and vulnerable households have been established , while the Central Bank of Nigeria launched a N 3. 5trn stimulus package to boost manufacturing and facilitate import substitution .
He urged the international community to cooperate in addressing the scourge of poverty, particularly in developing countries . The President said Nigeria remained concerned over the illicit trade, transfer and circulation of small arms and light weapons , particularly in Africa. He called on the international community to renew efforts to stem this traffic and promote the Arms Trade Treaty in order to codify accountability in the battle against trans – border crimes, including terrorism and acts of piracy.
He also urged world leaders to redouble efforts to ensure collective security. Buhari described terrorist attacks across the globe as a harsh reality of the challenges the world is facing today.
” In Nigeria , we are still facing violent extremism from the insurgency of Boko Haram and bandits .
” We continue to count on our strong cooperation with UN Counter – Terrorism bodies and neighbouring countries to overcome the terrorists in the Lake Chad Basin and the wider Sahel region.
” We will vigorously sustain the rehabilitation , reconstruction and resettlement of victims of terrorism and insurgency in the North East . The North – East Development Commission has been established for that purpose, ” he said .
On illicit financial flows , the President Buhari declared that the global aspiration to recover from the impact of COVID – 19 will not be fully met without addressing structures that make it more difficult for countries to generate and retain their financial resources .
In this regard , the President again thanked Prof . Muhammad – Bande as well as the immediate past President of the Economic and Social Council , Ambassador Mona Jul , for jointly launching the High – Level Panel on International Financial Accountability , Transparency and Integrity ( FACTI ) for Achieving the 2030 Agenda .
On climate change , the President reiterated Nigeria ’s commitment to the revitalisation of Lake Chad. He said , “ We are convinced that recharging the Lake will improve the living conditions of our people in the area , promote inter – state cooperation, strengthen community resilience and assist in addressing environmental and security challenges threatening the region and its resources .”
Buhari renewed his call for international support for the regional efforts to raise $50 bn required to actualise the initiative.
On education , Buhari announced that Nigeria will be hosting the 4 th International Conference on Safe Schools in 2021. ‘
‘ Quality education for all is the cornerstone of sustainable development .
” I invite you all to Nigeria to participate in the Conference which aims to advocate for the protection of education from attack as we work together towards the future we want , ” he said .

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