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Nigeria in an economic war – Aregbesola

December 21, 2017 Admin III 0

Osun state Governor, Mr. Rauf Aregbesola, has said Nigeria is in a war situation considering the current financial constraints the country is facing. He stated this at an Annual Lecture of Public Service, held at the Local Government Service Commission Hall, Osogbo, on Thursday. He said “the equivalent of what we are facing today is a war position. I’ve said it Read More

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Half salary arrears: Osun HoS pleads with workers

December 21, 2017 Admin III 0

By Lateef Dada Osogbo Osun state Head of Service, Dr. Oyebade Olowogboyega, has appealed to the set of workers that have been receiving half salaries to endure a bit with the government. He assured that all arrears of salaries owed them will be paid as soon as the economy of the state improves. Olowogboyega made the appeal at the closing Read More

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Kinsmen want VON boss sacked for ‘attacking’ Ekweremadu

December 13, 2017 Admin III 0

By Tope Sunday Abuja Director-General of the Voice of Nigeria (VON), Mr. Osita Okechukwu, yesterday came under heavy attack as his kinsmen called for his sack over his attack on the Deputy Senate President, Ike Ekweremdau. Osita, a chieftain of the All Progressives Congress (APC), had, on Sunday, slammed Ekweremadu over his comments on President Muhammadu Buhari’s handling of the Read More

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GMO: Follow due process in seeds, grains imports, NBMA warns dealers

December 12, 2017 Admin III 0

The National Biosafety Management Agency (NBMA) has urged Genetically Modified Organism (GMOs) dealers to follow due processes in importation of GM seeds and grains. The Director Genera, NBMA, Dr. Rufus Ebegba, who said this at a consultative forum with Nigerian GM seeds and grain dealers in Abuja added that the agency will not hesitate to penalize any erring importers who Read More

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Paste industry: Liberalising Nigeria’s economy with local contents

December 7, 2017 Admin III 0

After recovering from the scourge of tomato bug invasion which wreaked havoc on the country in 2016, North-western Nigeria, the leading producers of tomato has resumed massive production of one of the world’s most-sought after veggies. KEHINDE OSASONA examines the possibilities of the paste industry recording comparative growth in production Reports have it that around 80% of the tomatoes produced Read More

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FG, states, LGs shared N4.55trn in 9 months – NEITI

November 30, 2017 Admin III 0

The upward swing in the price of crude oil seems to have brought renewed optimism leading to increase in disbursement to the three tiers of government. BENJAMIN UMUTEME examines the third quarter disbursement by the Federation Accounts Allocation Committee (FAAC) to the three tiers of government as contained in a review published yesterday by the Nigeria Extractive Industries Transparency Initiatives Read More

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Onu stresses need for emerging technology

November 29, 2017 Admin III 0

By Binta Shama Abuja The Federal Ministry of Science and Technology is to create an enabling environment for business development that will ensure Nigeria plays a dominant role in emerging technology. The Minister of Science and Technology, Dr. Ogbonnaya Onu disclosed this in Abuja when he received members of African Information & Communication Technology Alliance recently, in his office. Onu Read More

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Modular technology can guarantee optimal socio-economic growth – Experts

November 23, 2017 Admin III 0

By David Agba Abuja A lecturer at the Federal University Ndufu – Alike Ikwo (FUNAI), Ebonyi state, Engr Nsed Ayip Akonjom, has said that Modular technology will definitely put Nigeria on the right path towards achieving optimal socio-economic growth. This he added can done “with a large part of the citizen empowered through gainful employment thanks to a very easy Read More

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N73bn paid to FCTA contractors – Perm sec

November 21, 2017 Admin III 0

By Abdullahi Muhammad Abuja Permanent Secretary, Federal Capital Territory Administration, (FCTA), Mr. Christian Ohaa, has stated that over N73 billion had been paid to both local and foreign contractors, as well as the completion of the obligation of N17.4 billion for the phase one of the Abuja Light Rail project, adding that “these payments saved jobs and injected life in Read More

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Ngige commends NDE job creation drive

November 15, 2017 Admin III 0

Stories by Moses John Minister of Labour and Employment and Chairman of the National Directorate of Employment (NDE), Senator Chris Ngige, has commended the NDE for its recent efforts at tackling the scourge of mass unemployment in Nigeria. He spoke during the activities marking the NDE Special Day at the just concluded Lagos International Trade Fair held at the Tafawa Read More

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FG won’t rest on its oars improving economy

November 4, 2017 Admin III 0

David Agba   Vice President Yemi Osinbajo has assured that the federal government will intensify efforts at improving the economy. He added that the Presidency will make dramatic policy changes in the Oil & Gas sector if necessary. Osinbajo who was reacting to the World Bank’s ease of doing business report on Nigeria said: “The present administration remains focused on Read More

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2019: APDA’ll sweep polls in Zamfara – Takori

November 3, 2017 Admin III 0

By Sanusi Muhammad Gusau The Chairman of the Zamfara state chapter of the Advanced Progressives Democratic Alliance (APDA), Hon. Muhammad Sani Takori, has expressed optimism that the party will win most elective posts in the 2019 general elections in the state. Takori, who was a former member of the House of Representatives and former Attorney General and Commissioner for Justice Read More

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EITI and the need for transparency

November 3, 2017 Admin III 0

By Abdullahi M. Gulloma If anyone ever wondered why there must be transparency in Nigeria’s extractive industry, his worry was recently put to rest. The government, said Vice President Yemi Osinbajo, would continue to embrace transparency in the extractive sector because it is in the country’s overriding national interest to do so. Osinbajo stated this during a bilateral meeting with Read More

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FG pledges to support ICT hubs, innovators

November 1, 2017 Admin III 0

The Minister of Communications Technology, Barrister Adebayo Shittu, has expressed the federal governments’ readiness to support Information Communications Technology (ICT) hubs and innovators in the industry to further boost the economy. The minister who said this yesterday during ICT start up ecosystem stakeholders meeting organised by the National Information Technology Development Agency (NITDA) held at Sandralia hotel, Jabi, explained that Read More

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CBN releases non oil export stimulation facility guideline

October 31, 2017 Admin III 0

By Amaka Ifeakandu Lagos The Central Bank of Nigeria (CBN) has released a framework for the non oil export stimulation facility (NESF). The apex bank said that NESF was introduced to diversify the revenue base of the economy and to expedite the growth and development of the non-oil export sector. The CBN stated that the facility will help redress the Read More

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Presidency holds FEC today, 2018 budget tops agenda

October 26, 2017 Admin III 0

By Abdullahi M. Gulloma Abuja The Presidency has moved Wednesday’s Federal Executive Council (FEC) meeting to today, Thursday, with only one agenda – 2018 Budget. The announcement was made via one of its twitter handles, Presidency Nigeria @NGPresidency. “Federal Executive Council (FEC) Meeting will hold tomorrow, Thursday Oct 26. Agenda is #Budget2018, which is currently being finalised,” the Presidency twitted Read More

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QSRBN seeks Turkish firms’ collaboration in construction sector

October 24, 2017 Admin III 0

By Ime Akpan Lagos The President of the board of Quantity Surveyors Registration Board of Nigeria (QSRBN), Malam Murtala Aliyu has called on Turkish companies to set up manufacturing plants in Nigeria instead of exporting their finished products to the country. Speaking at the Machinery, Metal and Steel Exhibition organised in Lagos by TG Expo of Turkey, Aliyu said it Read More

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Nigerian economy is working under Buhari, Osinajo tells London summit

October 9, 2017 Admin III 0

The present administration is making specific efforts to enable the private sector to thrive by undertaking ease of doing business’ reforms and the ongoing investment in infrastructure, Vice President Yemi Osinbajo, has said. Osinbajo said this Monday p at the Financial Times Africa Summit held at the Claridge’s Mayfair Hotel in London, United Kingdom.  He said the present administration has Read More

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I would have ran away if economy worsened – Buhari

September 11, 2017 Admin III 0

  President Muhammadu Buhari Monday expressed thanks to God for improved rainy season resulting in good harvest, saying he would have gone on exile if it was the other way round. The President said this in Abuja when he received members of the National Council of Traditional Rulers led by the Sultan of Sokoto Muhammad Sa’ad Abubakar III at the Read More

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Recession: Nigeria’s economy still weak, inflation is high – Atiku

September 6, 2017 Admin III 0

Former Vice President and chieftain of the All Progressives Congress, (APC), Atiku Abubakar, has cautioned that while Nigerians must rejoice over the official emergence of the country from recession, it’s also important to recognize that the economic weakness at the bottom of the pyramid remains, adding that ‘inflation is still high.’ Atiku, who is an investor and employer of labour, Read More