Shola Shittu

Buhari Promise to Revive West African Gas Project

President Muhammadu Buhari has pledged that Nigeria would make the West African Gas Pipeline (WAGP) project more efficient to stabilise the energy sector across the sub-region. This, he said, would be done, using modern information Technology, (IT) equipment Speaking at...

CBN Orders Banks to Accept Cheques in Savings Account

LAGOS—The Central Bank of Nigeria, CBN, yesterday, directed banks operating in the country to accept deposit of cheques into savings account and to begin to embed Bank Verification Number, BVN in payment cards. The CBN, in a circular signed...

AMCON to Lease Seized Property to Bridge Funding Gap

The Asset Management Corporation of Nigeria (AMCON) may introduce the “real-estate investment scheme” by the end of the year to raise money to meet its bond repayments, its Chief Executive Officer Ahmed Kuru has said. Kuru told Bloomberg that the...

Federal Government Needs 1.3 million Teachers

The Federal Government said it needs about 1.3 million teachers in the next six years to close the teaching gap in the basic education sector. Minister of Education Mallam Adamu Adamu, who stated this at the national flag-off of 2015...

Why Oyo, Ekiti, Kwara, others can’t access N64.8b UBE cash

To enable them access the N64.8 billion Universal Basic Education (UBE) funds with ease, the 36 governors have started to lobby President Muhammadu Buhari to amend the Universal Basic Education Act 2004. The governors are demanding amendment to a clause...

Militancy: Our revenue has dropped below 20%

Governor Ifeanyi Okowa of Delta State, yesterday, decried the continued attack on oil and gas installations by militants, regretting that the revenue accruing to the state had dropped to below 20 percent of what it used to be two...
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