Minister Archives — Page 60 of 169

February 10, 2023 No Responses

CBN Attributes Scarcity Of New Naira Notes To Hoarding

Hoarding of the new Naira notes is responsible for its scarcity, the Central Bank of Nigeria (CBN) has said. The CBN Director, Consumer Protection, Mrs Rashidat Mongunu, said this on Thursday while monitoring microfinance banks in Offa, Offa Local Government Area...

February 8, 2023 No Responses

Korean Envoy Harps On African Continent’s Blue Economy Potentials

The Deputy Minister for Overseas Koreans and Consular Affairs, Republic of Korea, Choi Yeong has described Nigeria as the gateway to unlocking the potential of the African Continent’s Blue Economy. Choi Yeong, who made the assertion during a courtesy cal...

February 5, 2023 No Responses

NIMASA DEEP BLUE TEAM RESCUES SEVEN DISTRESSED WORKERS ONBOARD VESSEL

Seven distressed workers have been saved by the prompt response of the Nigerian Maritime Administration and Safety Agency (NIMASA) following a distress call to the Director General, Dr. Bashir Jamoh. The call, which came in at about 11.30 pm on...

January 29, 2023 No Responses

Lassa Fever: Edo Records 115 Cases, 13 Deaths

Edo State has confirmed eight more cases of Lassa fever, raising the total number of confirmed cases in the state to 115. The Edo State Commissioner for Health, Prof. Akoria Obehi, who disclosed this to journalists in Benin City, said...

January 27, 2023 No Responses

AfDB Commits $10bn To Drive Food Security In Africa

The African Development Bank (AfDB) Group is to commit $10 billion over the next five years to make Africa food secure. The president of the bank, Dr Akinwumi Adesina made the commitment at the Dakar Africa Food Summit in Diamniadio,...

January 27, 2023 No Responses

CBN Unveils Africa-Led Domestic Card Scheme

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Thursday, unveiled an African Central Bank led National Domestic Card Scheme (AfriGO) to address local peculiarities. At the event, which was monitored virtually, Emefiele said the new...

January 27, 2023 No Responses

FG Raises Steering Committee For Proposed Ondo, Benin Ports

The Federal Ministry of Transportation has inaugurated a Project Steering Committee for the proposed Ondo Deep Sea and Benin River Ports. The inauguration was performed by the Permanent Secretary of the Ministry of Transportation, Dr Magdalen...

January 25, 2023 No Responses

NIMASA Task Banks On $350m Cabotage Fund Guidelines

The Nigerian Maritime Administration and Safety Agency (NIMASA) has issued a 72-hour ultimatum to the Primary Lending Institutions (PLIs), to release modalities for the disbursement of $350 million Cabotage Vessels Finance Fund (CVFF). The PLIs approved ...

January 24, 2023 No Responses

NAFDAC Shuts Vegetable Oil Outlet

The National Agency for Food and Drug Administration and Control (NAFDAC) has closed a vegetable oil-packaging outlet in Gidan Ruwa, Airport Road, Nassarawa Local Government of Kano State. The coordinator of the agency in Kano State, Alhaji Kasim Ibrahim...

January 24, 2023 No Responses

Buhari Inaugurates Lekki Deep Sea Port

President Buhari inaugurates 16.5 metres deep LekkiSea Port President Muhammadu Buhari on Monday inaugurated the 16.5 metres deep Lekki Sea Port in Lagos. President Buhari, who arrived at the venue in a helicopter alongside Gov. Babajide Sanwo-Ol...

January 24, 2023 No Responses

NPA, NIMASA, Shippers‘ Council, Others Reiterate Support For Lekki Seaport

Chief Executive Officers of some agencies in the maritime sector on Monday reiterated support for the newly inaugurated Lekki Deep Seaport. Speaking at the official inauguration of the Port by President Muhammadu Buhari in Lagos on Monda...

January 22, 2023 No Responses

NPA Berths First Commercial Vessel At Lekki Port

Ahead of President Muhammadu Buhari scheduled visit on Monday, the Nigerian Ports Authority (NPA) on Sunday successfully received a CMA CGM vessel at the Lekki Deep Seaport in Lagos. On its Twitter handle; @nigerianports, NPA posted“Ahead of...

January 22, 2023 No Responses

FG Lauds NPA’s Staff, Okays New Salary Structure

The Federal Government has approved an increase in salary for the staff of Nigerian Ports Authority (NPA). Speaking at NPA’s long service and merit award ceremony on Saturday in Lagos, Minister of Transportation, Mu’azu Sambo, said he agreed to a...

January 19, 2023 No Responses

NNPC Secures FEC’s Approval To Invest N1.9tri In 44 Federal Roads

The Federal Executive Council(FEC) has approved the recommendation for the Nigerian National Petroleum Corporation Limited (NNPC LTD.) to invest N1.9 trillion in the reconstruction of 44 federal roads under the tax credit policy. The council gave the app...