Minister Archives — Page 118 of 145

April 9, 2017 No Responses

NPA presents N233.7b expenditure for 2017

The Nigerian Ports Authority (NPA) has earmarked N233.7billion expenditure for the year 2017. Presenting the budget estimate to the House of Representative Committee on Ports, Habours & Waterways under the leadership of Hon. Patrick Asadu, Managing Director of NPA, Hadiza...

April 9, 2017 No Responses

NPA Photo News

: Govenor of Borno State, Kashim Shettima (left), Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman (middle), NPA’s General Manager incharge of Public Affairs, Effiong Etim Nduonofit at the handing over of relief materials for IDPs t...

April 7, 2017 No Responses

Niger Delta States indicate interest in community-based modular refineries

As implementation efforts on President Muhammadu Buhari’s new vision for oil-producing communities in the Niger Delta region progress, states in the region are beginning to indicate interest in working with the Federal Government and the Private Sector to de...

April 6, 2017 No Responses

FG clears N54b pension backlog

Concerned about the plight of pensioners who retired under the Contributory Pension Scheme without being paid, the Federal Government has cleared the inherited arrears of accrued pension benefit for the year 2014, 2015 and 2016 by releasing N41.5 billion to...

April 6, 2017 No Responses

Minister seeks support for Nigerian TV, film content producers

The Minister of Information and Culture, Alhaji Lai Mohammed, onWednesday hailed Nigerian TV and film content producers for their impressive work in deepening the industry, but challenged them to do more to tell the Nigerian story and do more of co-production...

April 5, 2017 No Responses

Recover $22b, N316b from NNPC, NEITI tells FG

The Nigeria Extractive Industries Transparency Initiative (NEITI) has urged the Federal Government to recover $22b, N316b from the Nigerian National Petroleum Corporation (NNPC). Presenting it report to Journalists on Tuesday in Abuja, Executive Secretary of N...

April 5, 2017 No Responses

FG to boost agriculture with $4.5b Chinese loan

Inline with the resolve of the Federal Government to diversify the economy especially through agriculture, President Muhammadu Buhari has authorised the Ministry of Finance, Budget and National Planning and the Central Bank of Nigeria (CBN) to work out technic...

April 5, 2017 No Responses

NSE Photo News

L – R: Dr. Demola Sogunle, Chief Executive, Stanbic IBTC Bank PLC; Mr. Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Mrs. Sola David-Borha, Chief Executive (Africa Regions), Standard Bank Group; Mr. Yinka Sanni, Chief Exec...

April 4, 2017 No Responses

CBN sets aside $90m for BTA, Medicals

As part of efforts to stabilize the naira, Central Bank of Nigeria (CBN), on Monday, released the sum of $90 million to meet requests for invisibles such as BTA/PTA, medical and school fees. Also, the Bank offered a total of $150 million...

April 4, 2017 No Responses

African envoys: India attacks on Nigerians ‘racial’

(BBC)—Envoys from African nations in the Indian capital, Delhi, have condemned the handling of recent attacks on Nigerian students in the city. In a statement, the African Heads of Mission said the attacks were “xenophobic and racial”. Indian...

April 3, 2017 No Responses

Labour berates NHIS boss over alleged Interferance in union affairs

Orgnaised Labour under the umbrella of Association of Senior Civil Servants of Nigeria (ASCSN) has berated the Executive Secretary of the National Health Insurance Scheme (NHIS), Professor Usman Yusuf, for allegedly “going underground to sponsor faceless ind...

April 3, 2017 No Responses

BPE decries inadequate dredging of Calabar Seaport Channel

Worried by the inadequate dredging of the Calabar Seaport Channel several years after its terminal was handed over to concessionares, the Bureau of Public Enterprise (BPE) has pledged to “step in” and briefed the Federal Government adequately. According to...

April 3, 2017 No Responses

Report explains 22.4 per cent drop in terminal operators’ earnings

A report published in March by top global accounting and audit firm, Deloitte has revealed that Terminal Handling Charges (THC), which is the main revenue stream of terminal operators in Nigeria, declined by 22.4 per cent between 2006 and 2016...

April 3, 2017 No Responses

NIMASA to owners of abandoned ships: Remove or lose them

The Nigerian Maritime Administration and Safety Agency (NIMASA) has warned owners of abandoned Ships/Vessels to urgently remove same from the Nigerian territorial waters on or before 28th of April 2017 or risk sanctions ranging from forfeiture or removal by th...