Federal – Page 125 – City Business News

March 24, 2017 No Responses

Road accident claims 5,053 Nigerians in one year

Between January and December 2016, Nigeria recorded not less than 11, 363 road accident nationwide. Within the period, Federal Capital Territory (FCT) recorded the highest number of accidents, followed by Kaduna and Niger States, while Borno and Bayelsa recorded the...

March 22, 2017 No Responses

Resign now, Senate tells Customs boss

The Senate has urged the Comptroller-General of the Nigeria Customs Service (NCS), Hameed Ali to resign, thereby compounding ongoing face-off . Deliberating on Wednesday, the lawmakers said the Customs boss was not fit to hold public office. The development ...

March 22, 2017 No Responses

Measures to ease air travellers’ plight very effective, says minister

The Federal Government has said the measures put in place to ensure comfort and safety of travellers using the Kaduna International Airport are working satisfactorily. The Minister of Information and Culture, Alhaji Lai Mohammed, stated this in Abuja on Tues...

March 22, 2017 No Responses

CBN retains MPR At 14%, CRR at 30%

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Rate (MPR) at 14 percent and the Cash Reserve Ratio (CRR) at 30 percent. MPR is the rate at which the Central Bank lends...

March 21, 2017 No Responses

Promotion Arrears: Labour vows to paralyse Govt activities

Organised Labour under the aegis of Association of Senior Civil Servants of Nigeria (ASCSN) has threatened to shut down activities of Ministries, Departments, and Agencies (MDAs) at the Federal level “unless the Government takes urgent steps to pay promotion...

March 21, 2017 No Responses

Adeosun: FG complied with rules in disbursement of Paris club refunds

The Federal Government has consistently complied with all extant rules and regulations in the disbursement of Paris Club refunds to State Governments, the Minister of Finance, Mrs. Kemi Adeosun, has said. The minister also reaffirmed the commitment of the g...

March 20, 2017 No Responses

Labour implores FG on N500b Paris club refund to states

The Trade Union Congress of Nigeria (TUC) has urged the Federal Government to tie the N500b London-Paris Club refund about to be released to state governments to projects to avoid a repeat of what happened when the first tranche of...

March 20, 2017 No Responses

FG will protect, reward whistle-blowers, says minister

The Federal Government will protect and reward whistle-blowers who provide information that leads to the recovery of stolen funds or assets, the Minister of Information and Culture, Alhaji Lai Mohammed, has reiterated. In a statement issued in Lagos on Sunda...

March 14, 2017 No Responses

Don’t amend NLNG Act, NNPC boss tells National Assembly

Recent move by the National Assembly to amend the NLNG Act had dampened the optimism of investors, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru has said. The NNPC boss also urged the National Assembly...

March 14, 2017 No Responses

Buhari to Osinbajo: Head delegation on Niger Delta crisis

President Muhammadu Buhari on Monday directed Vice President Yemi Osinbajo to head a special presidential delegation charged with the task of resolving the crisis in the Niger Delta. Speaking with Journalists on Monday in Abuja, the Special Adviser to the...

March 10, 2017 No Responses

Maritime stakeholders task FG on committee to verify, fine-tune charges adopted by terminal operators

Pending the establishment of the proposed National Transport Commission (NTC), Maritime Stakeholders in Nigeria have advised the Federal Government to constitute an ad-hoc committee to verify and fine-tune Terminal Operators current cargo handling practices a...

March 10, 2017 No Responses

Minister restates FG’s commitment to ease of doing business in Nigeria

The Minister of Information and Culture, Alhaji Lai Mohammed, has reiterated the Federal Government’s commitment to improving Nigeria’s ranking in the World Bank Ease of Doing Business Index, saying the current ranking of 169 out of 190 countries ...

March 10, 2017 No Responses

COMMUNIQUE OF A ‘TOWN HALL MEETING ON CARGO HANDLING AND PORT CHARGES’ HELD AT THE NIGERIAN INSTITUTE OF INTERNATIONAL AFFAIRS (NIIA), VICTORIA ISLAND, LAGOS STATE, NIGERIA, ON WEDNESDAY, 8TH MARCH, 2017.

PREAMBLE The maiden edition of the dialogue series organised by the publishers of Business & Maritime West Africa tagged:Town Hall Meeting on Cargo Handling and Port Chargesh, which the organisers have promised would be an annual event, held at the Nigeri...

March 9, 2017 No Responses

Forum hings Seaports’ growth on adequate infrastructure, single window, others

For Seaports in Nigeria to attain sustainable growth and development, there is the urgent need for the Federal Government to implement existing laws, provide adequate infrastructure and streamline cargo clearance operations and procedure. Speaking in Lagos on ...