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Monday, May 20, 2019

Still on NIMASA's Maritime Contract with Ex-Warlord

While the Nigerian Maritime Administration and Safety Agency (NIMASA) is trying to justify its alleged concession of the nation’s maritime security to a private...

Every State is Entitled to 13% Derivation Revenue – RMAFC

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has disclosed that every state in Nigeria is entitled to derivation revenue from their natural resources...

PENCOM to Prosecute Employers over Pension Fraud

Concerned about the recent N700billion fraud rocking the Pension unit of the Office of Head of Service of Federation and related negative reports in...

ACAP/Swede Control Acquire Law Union & Rock Insurance

…New Core Investor Targets Top Five Position In Insurance Industry By 2015Alternative Capital Partners (“ACAP”) in consortium with Swede Control Intertek Limited have acquired...

CAC Registers 2 Million Business Names

The Corporate Affairs Commission, CAC, has registered over two million business names as at December 31, 2011. The Registrar General and chief executive officer...

Igbo Businessmen Refuse to Relocate from the North

After the directive by Movement for the Actualization of the Soveriegn State of Biafra (MASSOB) for Igbos in the North to return to their...

Islamic Bank: After $370mn, Nigeria Seeks Additional $600mn Loan

After receiving a sum of $370 million from Islamic Development Bank (IDB) for education, health and agriculture sector, the federal government of Nigeria has...

NEXIM Targets N1.6bn Profit -Orya

In line with President Goodluck Jonathan’s transformation agenda, Nigeria is steadily realising her export promotion targets in the non-oil sector which have been elusive...

Finally a Bill on Made in Nigeria Underway

After so much publicity on the made-in-Nigeria campaign, the federal government is putting finishing touches to a bill that will enforce compliance and give...

Fuel Subsidy Pallatives and Past Rhetoric on Debt Relief in 2005

Similar promises were made in 2005 over debt relief as the administration of President Goodluck Jonathan has now listed a number of palliatives to...

Why Fuel Subsidy Removal is Necessary- President Goodluck Jonathan

A week ago, I had cause to address Nigerians on the security challenges we are facing in parts of the country, which necessitated the...

The 7 Hardliners behind Fuel Subsidy Removal

The issue of removing fuel subsidy arising from total deregulation of the downstream petroleum sub-sector may have created a serious challenge for the initiators...

NEMA: Disaster situations in 2011 and beyond

The year 2011 wrapped up on disastrous note with the occurrences of separate deadly explosions on Christmas morning that claimed many lives in Madala,...

BPP Embarks on Categorization and Classification of Contractors

As part of the effort of government to further enhance transparency in public procurement, the Bureau of Public Procurement (BPP) embarked on the first...

Nigeria Urges GECF on Growth of Domestic Gas Markets

Nigeria has urged members of the Gas Exporting Countries’ Forum (GECF) to develop policies that support accelerated growth of efficient domestic gas economy. This...

Roads Carry 95% Freight and Passengers in Nigeria

Nigeria’s roads carry about 95% of all freights and passengers nationwide, against the background of other modes of transportation being in a crippled state....

UK Announces 150million Pounds To Develop Green Urban Transport In Nigeria

  The Minister of Environment and leader of the Nigerian Government Delegation to the Climate Change Conference, Mrs Hadiza Ibrahim Hadiza underscored the need...

Obasanjo Decries Over dependence on Oil Revenue

Chief Olusegun Obasanjo, former president of the Federal Republic of Nigeria has decried the continued over dependence on oil revenue by the federating units...

PPP to Rescue the Transportation Sector

Concerned with paucity of fund, the Federal Government of Nigeria has identified and adopted the Public Private Partnership (PPP) framework to enable the private...

Universities to Commercialize Inventions

Management of Universities in the country have been directed to leverage on their strength to seek relevant partnerships with the private sector to commercialize...