A Country That Is Bleeding, by Eric Teniola       On April 22 this year, the Minister of Defense, Major General Bashir Salihi Magashi (71) (rtd) was on the spot. He told State House correspondents that “Nigeria is bleeding”. During the media chat, he informed us all...

‘Nigeria Exports To Indonesia Now $700m’       Director of the Indonesian Trade Promotion Centre, Hendro Jonathan, said Nigeria exported goods worth 700 million dollars to Indonesia last year. He explained that while Nigeria’s total export to the Asian country was $700 million, its import from Indonesia $300...

NAIC Pays N1.7bn Claims To Farmers       The Nigerian Agricultural Insurance Corporation (NAIC) said it paid a total of N1.7 billion claims to over 5,000 farmers in the past two years. NAIC, which is the only federal government owned insurance company authorised to offer agric insurance services...

FEC Approves N59.35bn For Aviation, Roads Projects         The Federal Executive Council (FEC) on Wednesday approved N59.350 billion for roads and aviation projects across the country. Three ministers – Babatunde Fashola (Works and Housing), Alhaji Lai Mohammed (Information and Culture), on behalf of Senator Hadi Sirika (Aviation)...

Customs Strike Force Impounds N767m Worth Of Goods In 3wks         The Comptroller General of Customs, Strike Force has intercepted contrabands and raised Debit Notes (DN) on under-declared cargoes worth N767million in three weeks. Recall that importation and smuggling through the Lagos seaports and land borders, increase...

NERC Retires Three General Managers In Reshuffling Process       Three General Managers (GMs) described as the most senior at the Nigerian Electricity Regulatory Commission (NERC) have proceeded on their terminal leave, Daily Trust can confirm. The affected GMs include Dr Tony Akah who heads the Corporate Services....