Category: News

Obaseki implores NDDC on management of resources
May 18, 2017 No Responses

Obaseki implores NDDC on management of resources

Governor Godwin Obaseki of Edo State has urged the Niger Delta Development Commission (NDDC) to help in the management of resources for the Niger Delta states, adding that individual member states accounts should be operated to facilitate appropriation of funds...
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Africa needs new financing models to bridge development gaps, says Osinbajo
May 17, 2017 No Responses

Africa needs new financing models to bridge development gaps, says Osinbajo

Acting President, Yemi Osinbajo, has advocated a new paradigm in financing infrastructure projects in Africa in order to close the huge infrastructure gap in the continent.   He stated this on Tuesday at a forum to mark Africa Finance Corporation’s...
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Safety experts hing prevention of accidents on adequate management system
May 17, 2017 No Responses

Safety experts hing prevention of accidents on adequate management system

How to best use Safety Management Systems (SMS) in accident prevention was the topic of an International Transport Forum (ITF) Roundtable held in Paris recently.  According to ITF, an unusually large and diverse group of more than 40 experts from all...
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Nine ministers present mid-term report as Audu Ogbeh blames high cost of local rice on interest rate
May 17, 2017 No Responses

Nine ministers present mid-term report as Audu Ogbeh blames high cost of local rice on interest rate

Not less than nine Ministers attended a special edition of the Federal Government’s town hall meeting in Abuja on Tuesday. They are Minister of Agriculture and Rural Development, Audu Ogbeh; Minister of Power, Works and Housing, Babatunde Fashola; Minist...
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FRSC, Seaport Truckers bicker over alleged extortion
May 17, 2017 No Responses

FRSC, Seaport Truckers bicker over alleged extortion

Seaport truck owners under the aegis of Joint Council of Seaport Truckers (JCOST) on Tuesday in Lagos threatened to sue the Nigerian Ports Authority (NPA) and the Federal Road Safety Corps (FRSC) over alleged extortion.   But, in a swift...
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Edo to boost forex with rubber
May 17, 2017 No Responses

Edo to boost forex with rubber

Edo State Governor, Mr. Godwin Obaseki has declared his administration’s readiness to reposition the state at the vanguard of rubber production and processing in order to increase foreign exchange earnings.  This was as he received the management of the Rub...
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Edo to construct central bus terminal in Benin
May 16, 2017 No Responses

Edo to construct central bus terminal in Benin

Governor Godwin Obaseki of Edo State has, in continuation of the decongestion process to clean up Edo State, inspected the city centre, Ring Road and its environs, where he moved to recover government properties and promised to build a central...
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‘Indigenous languages may go into extinction’
May 16, 2017 No Responses

‘Indigenous languages may go into extinction’

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the country’s indigenous languages are endangered and could go into extinction in no distant future if urgent steps are not taken to reverse the trend. In his address at the 2017 A...
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Apapa access roads: NPA, Dangote, Flour Mills, to raise N4.5 b
May 16, 2017 No Responses

Apapa access roads: NPA, Dangote, Flour Mills, to raise N4.5 b

As part of measures to fast-track the re-construction of Apapa seaports access roads in Lagos State, the  Nigerian Ports Authority (NPA) is to raise  N4.3 billion.    Addressing maritime stakeholders in Lagos on Monday, the Managing Director of NPA, Hadiza...
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Joint account committee declares N2. 10b allocation for LGs in Edo
May 14, 2017 No Responses

Joint account committee declares N2. 10b allocation for LGs in Edo

The Edo Joint Account and Allocation Committee (JAAC) has declared N2.10 billion as total allocation accrued to the 18 local governments in the state from both Internally Generated Revenue (IGR) and the Federation Account for March.  A statement issued by...
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‘FG will give priority to indigenous consultants’
May 14, 2017 No Responses

‘FG will give priority to indigenous consultants’

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the Federal Government will soon adopt a policy to give the right of first refusal to indigenous consultants in its projects. The Minister disclosed this in Abuja on when he received...
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Haastrup: Success of port concession has opened more business opportunities
May 13, 2017 No Responses

Haastrup: Success of port concession has opened more business opportunities

The Federal Government has been commended for its foresight in concessioning terminal operations at the nation’s seaports. Chairman, Seaport Terminal Operators Association of Nigeria (STOAN), Princess Vicky Haastrup, who gave the commendation said the succes...
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Oando seeks approval to refurbish refineries
May 12, 2017 No Responses

Oando seeks approval to refurbish refineries

Oando Plc is to seek the approval of the Federal Government to refurbish one or two refineries as part of measures to end fuel importation.    Speaking during the company’s facts behind the figure at the Nigerian Stock Exchange (NSE)...
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NASS earmarks N23.7B for personnel cost in 2017
May 12, 2017 No Responses

NASS earmarks N23.7B for personnel cost in 2017

The National Assembly has earmarks N125billion for its 2017 budget, up from N115billion in 2016.   Under the arrangement, total personnel cost is  N23,789,787,880 while  total overhead cost is N85,878,619,888; total capital cost will gulp N14,940,196,063. A...
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