News Archives — Page 601 of 613

August 31, 2016 No Responses

Nigeria, Britain seal MoU on stolen funds

A Memorandum of Understanding (MoU) on modalities for the repatriation of Nigeria’s stolen assets has been signed by Nigeria and British Government The Attorney-General of the Federation, Abubakar Malami, who signed onbehalf of Nigeria explained that the MoU is...

August 31, 2016 No Responses

FG to award Lagos-Ibadan railway contract

The Federal Government has concluded plans to award the contract for the construction of Lagos-Ibadan railway contract. According to the Minister of Transport, Rotimi Amaechi, plans are also underway to sign the contracts for Kano-Kaduna and Calabar-Port Har...

August 31, 2016 No Responses

Developer acquires Tribune Tower

By Robert Channick – Los Angeles-based developer CIM Group has agreed to buy Tribune Tower for up to $240 million, marking the end of media ownership for the historic North Michigan Avenue building and the beginning of a new...

August 30, 2016 No Responses

Ambode appoints Dabiri MD of LAMATA

The Head of Procurement, Lagos Metropolitan Area Transport Authority (LAMATA), Engr. Abiodun Dabiri, has been named the substantive Managing Director of the Authority by the Lagos State Governor, Mr. Akinwunmi Ambode. His appointment comes about one year aft...

August 30, 2016 No Responses

Peterside condemns assassination of Ken Atsuwete

Dr. Dakuku Peterside has condemned the “barbaric and gruesome assassination” of Barrister Ken Atsuwete in Port Harcourt, the Rivers State capital. The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) who was reacting to t...

August 29, 2016 No Responses

Psychology, persuation key to tax administration, says Fowler

Apart from deploying the law, enforcement, technology and mobilization, tax administrators must use psychology, persuasion and being firm to convince their fellow countrymen to pay tax, the Executive Chairman, Federal Inland Revenue Service (FIRS) Mr. Tun...

August 29, 2016 No Responses

Niger Republic begins cargo clearance in Nigeria October

(NAN) Shipping companies in Niger Republic are to return to Nigerian ports in October for cargo clearance, 10 years after they pulled out of Nigeria. A Representative of the national shipping council of Niger Republic, Idi Hamissou, made the disclosure...

August 29, 2016 No Responses

Lagos gives owners of illegal structures 14-day ultimatum

The Lagos State Government has given 14-day ultimatum to owners of illegal structures and street hawkers in Ikoyi, Victoria Island and Lekki areas. According to the Secretary to the State Government, Tunji Bello, owners of such structures should remove them....

August 29, 2016 No Responses

Ezeh tasks judiciary on corruption cases

A former Director-General of the Bureau of Public Procurement (BPP), Engr. Emeka Ezeh has said that it is wrong to see everyone who serves in government as a thief, “because people go into government for different reasons”. He also...

August 26, 2016 No Responses

Elumelu at NIPSS, tasks policy makers on poverty reduction

Tony O. Elumelu, Chairman of Heirs Holdings and United Bank for Africa (UBA) Plc has identified entrepreneurship as a veritable solution to achieving poverty reduction in the country. Delivering a paper at the National Institute of Policy and Strategic Studi...

August 26, 2016 No Responses

Ministry signs MoU with British Council on dormant festivals, traditional games

The Minister of Information and Culture, Alhaji Lai Mohammed, has signed a Memorandum of Undrstanding (MoU) with the Chief Executive of the British Council, Sir Ciaran Devane, with a request for partnership to help train festival managers, revive the country...

August 25, 2016 No Responses

FG approves 2017-2019 Fiscal Strategy Framework

The Federal Executive Council (FEC) on Wednesday approved a three-year Fiscal Strategy Framework from 2017 to 2019. Identified as the Medium Term Expenditure Framework (MTEF), the process starts the process for the preparation of the 2017 budget. The Ministe...

August 25, 2016 No Responses

Lagos seals Protea Hotel

(NAN) The Lagos State Internal Revenue Service (LIRS) has sealed Protea Hotel, close to Kuramo Waters, over alleged failure to remit N11.07 million personal income taxes deducted from workers’ salaries. Ajibike Oshodi-Sholola, Head, Distrain Unit of LIRS, di...

August 25, 2016 No Responses

FG pledges support for Artists

The Minister of Information and Culture, Alhaji Lai Mohammed, has reassured the Artists’ Village community at the National Theatre, Lagos, that the government has not abandoned them. The Minister, who stated this in Lagos at a meeting with the representative...