Tag: Economy

Tanker Drivers Begin Strike
February 19, 2024 No Responses

Tanker Drivers Begin Strike

The Petroleum Tanker Drivers arm of the Nigerian Association of Road Transport Owners (NARTO) has directed all its members to withdraw their petroleum trucks from product-loading activities starting Monday, February 19, 2024. The development follows the association’s request for oil...
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Scrap NSCDC, FRSC, Enang Tells Tinubu
February 19, 2024 No Responses

Scrap NSCDC, FRSC, Enang Tells Tinubu

To successfully establish State Police, Senator in the 7th National Assembly, Senator Ita Enang, has advised President Bola Tinubu to abolish the Nigeria Security and Civil Defence Corps (NSCDC) and incorporate the Federal Road Safety Corps (FRSC) with the Nig...
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Lagos Receives Delta Commissioner On Study Tour
February 18, 2024 No Responses

Lagos Receives Delta Commissioner On Study Tour

The Lagos State Ministry of Physical Planning and Urban Development has received the Delta State Commissioner for Urban Renewal, Engr. Michael Anoka, on a visit to understudy the workings of the State Ministry. The Commissioner for Physical Planning and Urban....
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Okpebholo Emerges Winner In Parallel APC Primary In Edo
February 18, 2024 No Responses

Okpebholo Emerges Winner In Parallel APC Primary In Edo

Edo State All Progressives Congress (APC) has declared Senator Monday Okpebholo as the winner of a parallel governorship primary election held on Saturday.  The APC State Returning Officer, Ogbuaja Stanley Uzoamaka declared Senator Okpebholo as the winner...
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FG Harps On Renewable Energy Transport System  
February 18, 2024 No Responses

FG Harps On Renewable Energy Transport System  

The Federal Ministry of Transportation has made significant technological advancements aimed at promoting environmentally and economically sustainable transportation solutions nationwide.  The Minister of Transportation, Saidu Alkali, made this declaratio...
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Customs Impounds N19.6M Sex Enhancement Drugs
February 17, 2024 No Responses

Customs Impounds N19.6M Sex Enhancement Drugs

The Nigeria Customs Service (NSC), joint border patrol team, sector IV, has seized a consignment of sex enhancement drugs worth N19.6M in Sokoto state. Briefing Journalists in Sokoto, Coordinating Comptroller, Mr. Kolapo Oladeji, explained that trucks carrying...
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NADDC, Osun Reiterate Mechatronics Training Partnership
February 16, 2024 No Responses

NADDC, Osun Reiterate Mechatronics Training Partnership

The Director General, National Automotive Design and Development Council (NADDC), Mr. Oluwemimo Joseph Osanipin has reiterated the Council’s commitment for more productive collaboration with Osun State Government.Osanipin made the remark on Thursday duri...
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DMO Offers N2.5trillion FGN Bonds For Subscription
February 16, 2024 No Responses

DMO Offers N2.5trillion FGN Bonds For Subscription

The Debt Management Office has offered two Federal Government of Nigeria bonds valued at N2.5 trillion for subscription at N1,000 per unit. The first offer is a seven-year bond valued at N1.25 trillion and expected to mature in February 2031....
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Nigerian Shipping And Port Economic Regulatory Agency Bill 2023 Passes Second Reading
February 16, 2024 No Responses

Nigerian Shipping And Port Economic Regulatory Agency Bill 2023 Passes Second Reading

As part of the Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola’s Key Performance Indicator (KPI) for the year 2024, as signed in the performance bond by agencies, the Bill which seeks to repeal the Nigerian Shippers’ Council...
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Senate Passes N5.079trn 2024 Customs Budget
February 16, 2024 No Responses

Senate Passes N5.079trn 2024 Customs Budget

The Senate on Thursday, February 15, passed the sum of N5.079 trillion as the 2024 budget for the Nigeria Customs Service (NCS). The approval followed the adoption of recommendations of the Senate Committee on Customs, Excise, and Tariffs at plenary....
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Delta Inaugurates Oil Palm Mill
February 16, 2024 No Responses

Delta Inaugurates Oil Palm Mill

Delta State Governor, Sheriff Oborevwori has inaugurated a 10-metric tonnes per hour oil palm processing mill at Akwukwu-Igbo in Oshimili North Local Government Area of the state. Oborevwori stated that the inauguration of the plant at Norsworthy Farms and Agr...
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NADDC Partners Bosch Africa On Components Manufacturing, After- Sales,Others 
February 15, 2024 No Responses

NADDC Partners Bosch Africa On Components Manufacturing, After- Sales,Others 

As part of measures to promote development of automotive industry in Nigeria, the National Automotive Design and Development Council (NADDC) has engaged Bosch Africa on strategic partnership to boost  investment in the local auto industry. Speaking at the...
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Ogun Unveils N5billion Palliatives For Residents
February 15, 2024 No Responses

Ogun Unveils N5billion Palliatives For Residents

Ogun State Governor, Dapo Abiodun, has announced the commencement of N5 billion palliatives as part of measures to cushion the impact of the current socio-economic hardship being experienced by residents. Briefing Journalists on Wednesday, the Governor also ap...
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Lagos Flags Off Distribution Of N750m To Market Traders
February 15, 2024 No Responses

Lagos Flags Off Distribution Of N750m To Market Traders

The Lagos State Governor, Mr. Babajide Sanwo-Olu has flagged off the distribution of N750 Million to 15,000 market traders as cash support with each beneficiary receiving N50,000 under the ‘Lagos Market Trader Money’, In his address on Wednesday, Sanwo...
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