Minister Archives — Page 103 of 171

December 7, 2017 No Responses

World Bank to support power sector recovery agenda in Nigeria with $1b

The World Bank is to support Nigeria’s Power Sector Recovery Programme (PSRP) with not less than $1billion. In a statement on Wednesday, the Bank explained that its delegation had informed the Federal Government that it was pleased with progress in...

December 7, 2017 No Responses

CILT seeks review of Nigeria’s transport policy

Mr Raynolds Shodeinde, Assistant Director, Administration, Chartered Institute of Logistics and Transport (CILT), Nigeria has called for urgent review of the National Transportation Policy (NTP) to enhance effective transport management in Nigeria. Shodeinde...

December 7, 2017 No Responses

Trump declares Jerusalem as Israel’s capital

DONALD Trump has declared Jerusalem as the capital of Israel. In a speech at the White House, Mr Trump officially recognised the holy city as the capital of Israel and declared his intention to move the US embassy there from...

December 7, 2017 No Responses

EU approves COSCO’s OOCL takeover

The European Commission has given the green light to COSCO Shipping’s bid to take over Orient Overseas (International) Limited. Under the offer launched in July, COSCO Shipping Holdings and Shanghai International Port Group (SIPG) seek to acquire all issu...

December 6, 2017 No Responses

Ministry tackles BUA Group over alleged illegal mining activities

The Ministry of Mines and Steel Development has described a publication signed by the Executive Chairman of the BUA Group, Abdulsamad Rabiu as misleading. According to the Ministry, the publication Titled:“A cry for Help: Wanton Abuse of Power By...

December 6, 2017 No Responses

Zubair, Acting SEC DG insist on Oando’s forensic audit

The Acting Director-General, Securities and Exchange Commission (SEC), Dr. Abdul Zubair, has reiterated SEC’s resolve to conduct a Forensic Audit on the activities of Oando Plc. In a letter dated December 5, 2017 and addressed to the CEO of Oando Plc,.....

December 5, 2017 No Responses

Access Bank unveils growth agenda, explains 351 new branches

Foremost financial institution, Access Bank Plc on Monday announced new five-year strategy with an ambitious plan to become Africa’s Gateway to the World. Briefing stakeholders at the Nigerian Stock Exchange (NSE), the Bank explained that development is t...

December 4, 2017 No Responses

FG appoints Abdul Zubair acting DG of SEC

The Federal Government has appointed Dr. Abdul Zubair, the acting Director General of the Securities and Exchange Commission (SEC) with immediate effect. He was before the appointment, the Director in charge of External Relations in the Commission. ...

December 3, 2017 No Responses

FG sets aside N5b for local miners

The Federal Government has set aside N5 billion to empower artisan miners across the country as part of measures to ensure participation of all Nigerians in economic development. The Minister of Mines and Mineral Resources, Dr. Kayode Fayemi, disclosed this...

December 1, 2017 No Responses

Nigeria to commence implementation of revised import, export guidelines January 1, 2018

By Moses Ebosele, ebosele@hotmail.com – Nigeria is to commence implementation of the 2017 Revised Import and Export Guidelines on January 1, 2018. Speaking at a sensitisation workshop in Lagos on Thursday, the Minister of Finance, Mrs Kemi.....

December 1, 2017 No Responses

At PwC Power, Utilities Roundtable, experts seek increased on-and-off grid generation, renewable energy solutions, embedded generation, others

Nigeria needs a lot more power and must invest in on-and-off-grid power solutions to meet the needs of the economy. These were the views of stakeholders and industry experts at the 8th edition of PwC’s Annual Power and Utilities...

December 1, 2017 No Responses

NLC faults mass sack of local govt workers in Kaduna

The Nigeria Labour Congress (NLC) has described the reported mass sack of about five thousand local government workers by the Kaduna State Government as illegal. A statement issued by the NLC president, Ayuba Wabba, said the mass sack “violates the...

November 30, 2017 No Responses

FG suspends SEC DG, two others

The Director-General of the Securities and Exchange Commission (SEC), Mr. Mounir Gwarzo and two others have been suspended from office by the Minister of Finance, Mrs. Kemi Adeosun as the Federal Government launches investigation into several allegations of...

November 28, 2017 No Responses

Hydrographic society seeks national hydrographic commission

The Nigerian Hydrographic Society (NHS), Lagos /South-West Zone, has called for the establishment of a National Hydrographic Commission, in order to drive policies on hydrography for full utilization of hydrographic surveys to benefit the nation’s economy. M...