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LASG completes Streamlining of N167.5b bond series

The Government of  Lagos state on Wednesday said it had successfully completed the restructuring of its N167.5billion Programme II, Series 1 and 2 Bonds. The state Commissioner for Finance, Mr. Akinkunmi Mustapha, said in a statement that the restructuring was approved by the Securities and...

SON Impounds N10m tyres in Awka

The Standards Organisation of Nigeria (SON) has impounded two truckloads of fake tyres worth N10 million from a warehouse in Awka. The warehouse located at a residential building on Zik Ave., Awka, was discovered following intelligence reports, according to the organisation. Speaking with newsmen, the Head...

Shortage of agric extension workers worries Katsina Govt

The Katsina State Government on Monday expressed concern on the shortage of agricultural extension workers in the state. Mr Ibrahim Musawa, the Managing Director of the Katsina Agricultural and Rural Development Project (KATRDA), dropped the hint to newsmen  in Katsina. “More than 70 per cent of...

2 private depots begin sale of petroleum products in Akwa Ibom

The Department of Petroleum Resources (DPR) in Akwa Ibom says that two private depots have begun sales of petroleum product in the state. DPR Controller of Operation, Bassey Nkanga announced this in a chat with newsmen in Eket Local Government Area of the state . Nkanga...

States Debt Deferral – FG clarifies that creditors will not be adversely impacted

Further to the states debt repayment deferral for the month of March that was announced last Thursday, the Federal Ministry of Finance has clarified that the debt repayments due to the States’ creditors will be fully paid notwithstanding the deferral. The Federal Government will make...

32 ships with petroleum products, food items to arrive Lagos

Thirty two ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island Ports in Lagos from April 25 to May 25. The Nigerian Ports Authority (NPA) stated this in its publication - `Shipping Position’, - a copy...