Economy Archives — Page 90 of 259

February 21, 2024 No Responses

Smuggling: FG Uncovers 32 Illegal Routes

The Federal Government has uncovered 32 routes through which food items are smuggled out of Nigeria. The Vice President, Kashim Shettima, made the revelation on Tuesday while presenting his address at a conference on Public Wealth Management held in Abuja....

February 21, 2024 No Responses

Customs To Distribute Seized Food Items

The Nigeria Customs Service (NCS) is to distribute some seized food items nationwide as the biting food crisis continues in the country. According to the National Public Relations, CSC Abdullahi Maiwada, the food items will be distributed after they...

February 21, 2024 No Responses

NARTO Suspends Strike

The Nigerian Association of Road Transport Owners (NARTO) has suspended its planned nationwide strike. National President of NARTO, Othman Yusuf, directed members to immediately resume petroleum loading activities after a meeting held in Abuja. The meeting was...

February 21, 2024 No Responses

APC Declares Edo Governorship Primary Inconclusive

Based on the controversy that trailed last Saturday’s governorship primary election in Edo State, the National Working Committee of the All Progressives Congress (APC) has declared the poll inconclusive. This was disclosed by the party’s National Publicity...

February 20, 2024 No Responses

FG, Cement Manufacturers Peg Price At N7,000-N8,000 Per Bag

The Federal Government and major cement manufacturers have pegged the price of 50kg bag of cement at between N7,000 and N8,000 depending on the location nationwide.Briefing Journalists on Monday in Abuja after a meeting with major cement manufacturers, Ministe...

February 20, 2024 No Responses

Sifax Group Chairman, Taiwo Afolabi To Deliver LAUTECH Convocation Lecture

The management of Ladoke Akintola University of Technology, Ogbomosho led by its Acting Vice Chancellor, Professor Rasak Olatunde Rom Kalilu paid a courtesy visit on Dr. Taiwo Afolabi, Chairman (CON), SIFAX Group recently. The visit aimed to inform the S...

February 20, 2024 No Responses

Lagos Lifts Suspension On RTEAN

The Lagos State Government has dissolved the Lagos State Parks and Garages Administrators’ Committee which was set up to mark the parks and garages in the state. A statement issued on Monday by the Special Adviser to the Governor on...

February 19, 2024 No Responses

Ardova’s Ijora Terminal Begins Operations In March

Ardova Plc’s (AP) newly upgraded terminal in Ijora, Lagos, is set to commence operations in March 2024.Mr. AbdulWasiu Sowami, the Group Executive Chairman of Ardova Plc stated this during the pre-commissioning tour of the facility by the Nigerian Midstre...

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 associ...

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...

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....

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...

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...

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...