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TUC To Okonjo-Iweala: Explain Depleting Foreign Reserves

The Trade Union Congress (TUC) of Nigeria has urged the finance minister, Mrs Ngozi Okonjo-Iweala, and director-general of the Budget Office, Dr Bright Okogu, to tell Nigerians how the foreign reserves of the country got depleted to the present laughable state. The trade union also...

Jonathan Restates Commitment to Auto Industry Devt

•  Nissan to roll out SUVs in April President Goodluck Jonathan  Thursay in Davos, Switzerland,  disclosed that his administration was poised to rapidly develop Nigeria’s automobile industry. He said it would be achieved through the diligent implementation of the new National Automotive Policy (NAP). Also, Nissan Chief...

SERAP Counters President Jonathan, States “400 billion Reasons” Corruption Is Nigeria’s Biggest Problem

Socio-Economic Rights and Accountability Project (SERAP) has faulted President Goodluck Jonathan over his statement yesterday at the World Economic Forum in Davos, Switzerland to the effect that “corruption was not the cause of all the problems confronting Africa.” The president had said that, “In terms...

President Seeks N’Assembly’s Approval for Increase of Diaspora Bond to $300m

Forwards names of service chiefs for confirmation Omololu Ogunmade and     Muhammad Bello President Goodluck Jonathan Tuesday sought the approval of the National Assembly to increase $100 million Diaspora Bond approved by the lawmakers in the medium term (2012 to 2014) external borrowing plan to $300 million. The...

Inspection Team Sealed NNPC And Other Filing Stations

   The Weights and Measures Department of the Federal Ministry of Industry, Trade and Investment had sealed two dispensing pumps of NNPC filling station, Gwarimpa and OANDO filling station at Ahmadu Bello way for under dispensing petroleum products to customers in Abuja             This was discovered during...

CAC Rues Instant Company Registration

Registrar-General of the Corporate Affairs Commission (CAC), Bello Mahmud, says the CAC's goal was to be able to register companies within two hours, anywhere in Nigeria. In a lecture titled 'Nigeria's New Business Environment and CAC's Intervention,' at the 3rd Annual Seminar for Trade...