Shola Shittu

Policy issues: CBN, Finance Ministry rift deepens

Hopes of unanimity of positions and harmony of fiscal and monetary policies appear dim following an alleged demand for a review of the powers of the Central Bank of Nigeria, CBN, by the Ministry of Finance. Minister of Finance,...

NASS approved Buhari’s request for $500m Eurobond

The two arms of the National Assembly, NASS, yesterday approved President Muhammadu Buhari’s request to raise additional $500 million eurobond from the international capital market to fund the 2016 Budget deficit. In the Senate, the approval was given, following...

Nigeria’s ports record 59.5% increase in vessel calls

Despite the recessionary economic environment Nigeria recorded about 59.5 percent increase in vessel traffic at the various sea ports in 2016. Director General of Nigerian Maritime Administration and Safety Agency, (NIMASA), Dakuku Peterside, who disclosed this in Lagos said that...

Autonomy: NULGE begins nationwide protest rally

The Nigeria Union of Local Government Employees, NULGE, has commenced a nationwide protest to call for constitutional amendment by the National Assembly to grant autonomy to Local Government Areas, LGAs. The President of the NULGE, Ibrahim Kahleel, who disclosed this...

Premium Pension pays N118bn benefit to pensioners

Premium Pension Limited, PPL, has said it paid not less than N118billion benefits to pensioners since 2007 when it began operation following the Pension Reforms Act, PRA, 2004, with PPL which commenced business with an initial share capital of...

Federal pensioners in Ogun protest 14 months unpaid benefits

Retired workers who served the Federal Government in Ogun State, have taken to the streets to protest 14 months unpaid pension and gratuities. The Pensioners who stormed Nigeria Union of Journalists Secretariat, Ogun State armed with placards with various inscriptions,...
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