Archives for November, 2018 - Page 9
Court Turndown FG’s Request For Ekweremadu’s Arrest Over Asset Declaration
The Federal High Court in Abuja has turned down the federal government’s request to issue a warrant for the arrest of the deputy senate president, Mr. Ike…
Infrastructure Revamp: FG Earmarks $1.5Bn Lagos-Ibadan Express Way, Abuja-Kano Road, Others To Benefit
By Ngozi Onyeakusi -- The Minister of Information and Culture, Alhaji Lai Mohammed, has disclosed that the Federal Government had earmarked $ billion to fund five critical…
Buried in a Heap of Refuse
Nseobong Okon-Ekong writes that waste management and ancillary services in Lagos State may have become an effective political tool that contributed to the denial of a…
Refineries’ upgrade suffers delay, NNPC records N68bn loss
The proposed rehabilitation of the nation’s ailing refineries has suffered delays as the third-party financiers for the project have yet to be announced, more than a year after…
Dismissed banker raids ATM gallery, steals N14m
A dismissed banker, Emmanuel Onuma, has been arrested by the police for breaking into the Automated Teller Machine gallery of his erstwhile employer and stealing N14m. The 34-year-old…
FG Targets 9,000Mw Power Generation Level In 54 Days
The Federal Government on Tuesday said it was doing everything possible to increase the nation’s power generation level by 2,000 megawatts from the current 7,000mw to 9,000 megawatts…
Expert Decries Tertiary Institution’s Poor Funding … Says Nigeria Needs N2trn Annually
By Ngozi Onyeakusi -- Given the level decline in the nation's tertiary institutions, Federal Government needs about N2 trillion annually to properly fund tertiary education. The Pro-Chancellor and…
Minimum Wage: More Troubles As FG Denies Approving N30,000
By Ngozi Onyeakusi -- The organized labour that called off its scheduled nationwide strike may have a rethink as the Federal Government on Wednesday said the N30,000…
AMCON’s Proposed Amendment Bill Almost Ready – House of Reps
R-L: Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri; Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Mr.…
GNI Has Not Err Against SEC, NAICOM Rules’
By Ngozi Onyeakusi -- Great Nigeria Insurance Plc has said it has not received any warning, query or sanctions regarding insider trading from the Securities and Exchange…