Federal – Page 86 – City Business News

July 26, 2022 No Responses

Buhari Nominates Four Non-Executive Directors Of CBN

President Muhammadu Buhari has nominated four persons for appointment as Non-Executive Directors of the Board of the Central Bank of Nigeria (CBN).This is contained in a letter dated July 21 and read at Tuesday’s plenary by Senate President, Ahmad Lawan.Buhari...

July 26, 2022 No Responses

NLC To FG: Resolve ASUU Strike Or Face Total Strike

Chairman of the Nigeria Labour Congress (NLC), Cross River Council, Mr Ben Ukpepi on Tuesday disclosed that the union would embark on a total strike if the Federal Government failed to resolve the lingering issues with the Academic Staff Union...

July 26, 2022 No Responses

NLC Protest: LASG Urges Motorists To Remain Calm, Receives Letter From Protesters

The Lagos State Government has urged motorists to remain calm despite the protest rally of the Nigeria Labour Congress (NLC) in Ikeja and its environs. The Commissioner for Transportation, Dr Frederic Oladeinde made this known in a statement issued in...

July 26, 2022 No Responses

NIMASA Inaugurates Expert Team On Maritime Security, Strategy

The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has inaugurated the Expert Level Planning Team (ELPT) of the Agency to draft the National Maritime Security Strategy (NMSS) to sustain the Agency’s succe...

July 26, 2022 No Responses

Buhari Appoints Biu As Acting FRSC Corps Marshal

President Muhammadu Buhari has approved the appointment of Mr Dauda Biu, as the Acting Corps Marshal of the Federal Road Safety Corps (FRSC), following the retirement of Mr Boboye Oyeyemi. Oyeyemi said this when he handed over to Biu at...

July 25, 2022 No Responses

Nigeria Customs Service Hails Modernisation Project Court Judgment

The Nigeria Custom Service (NCS) said on Sunday that it would immediately commence its modernisation plan following the vacation of an interim order earlier placed on it by a Federal High Court in Abuja. The order vacated on Friday by...

July 23, 2022 No Responses

FG Reaffirms Nigerian Shippers’ Council As Port Economic Regulator

The Permanent Secretary, Federal Ministry of Transportation, Dr Magdalene Ajani, on Friday reiterated that the Nigerian Shippers’ Council (NSC) remained the only port economic regulator. Ajani made the pronouncement at the sensitisation seminar with th...

July 21, 2022 No Responses

FEC Approves N7.4b For Irrigation, Aviation Equipment

The Federal Executive Council (FEC) has approved a contract worth N6 billion as augmentation for the Chochi irrigation project in Adamawa as well as N1.4billion for procurement of aviation equipment. Ministers of Water Resources, Sulieman Adamu, and Aviation...

July 21, 2022 No Responses

NPA Boss: We’re Addressing Bottlenecks Affecting Non-Oil Exports

The Nigerian Ports Authority (NPA) is addressing bottlenecks affecting export in the country, Managing Director, Mr Mohammed Bello-Koko, declared on Wednesday in Lagos. Speaking at the 2022 Zenith Bank International Trade Seminar on non-oil e...

July 20, 2022 No Responses

Transport Ministry, Shippers’ Council To Sensitise Stakeholders

The Federal Ministry of Transport (FMOT) is collaborating with the Nigerian Shippers’ Council (NSC) to organize a sensitization programme on some functions of the council. A statement issued by Rakiya Dhikru-Yagboyaju, Head, Public Relations, NSC, expl...

July 19, 2022 No Responses

DMO Raises N123b In July FG Bond Auction

The Debt Management Office (DMO) has raised N123.85billion in its July Federal Government of Nigeria (FGN) bond auction. A statement issued by DMO on Monday explained that the three instruments auctioned were valued at N75 billion each, totalling N225 bi...

July 18, 2022 No Responses

Group Tasks FG On Incentives For Manufacturers

The National Union of Chemical, Footwear, Rubber, Leather and Non-Metallic Employees (NUCFRLANMPE) has tasked the Federal Government with incentives to cushion the effects of the harsh economy on manufacturers. Mr Babatunde Olatunji, the President of NUCFRLA...

July 18, 2022 No Responses

STOAN Congratulate New Transportation Minister

The Seaport Terminal Operators Association of Nigeria (STOAN) on Sunday congratulated the new Minister of Transportation, Mr Mu’azu Sambo, on his appointment by President Muhammadu Buhari. The Chairman of STOAN, Princess Vicky Haastrup, in a statement ...

July 18, 2022 No Responses

NIWA Begins Process To concession Oguta, Lokoja, Baro River Ports

The National Inland Waterways Authority (NIWA) has commenced the process of concessioning Oguta, Lokoja and Baro River ports. Speaking at the formal handing over of the Onitsha River Port to the concessionaire in Abuja, the Managing Director of NIWA, Dr...