News

The Minister of Finance, Mrs. Kemi Adeosun, has brokered a resolution of the dispute between the National Pension Commission and the National Insurance Commission over a circular issued by PenCom directing life insurance companies to transfer their annuity asset holdings to Pension Fund Custodians. The intervention of the minister was confirmed in a statement by the Director of Information, Ministry …

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The Federal Government is set to declare telecommunications facilities across the country as critical national infrastructure. The Minister of Communications, Mr. Adebayo Shittu, disclosed this at a reception and presentation of the Board of Commissioners of the Nigerian Communications Commission in Abuja. Shittu also stated that the telecommunications sector had attracted $60 billion investment since the introduction of digital mobile …

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The Nigeria Customs Service on Wednesday announced the suspension of the implementation of the payment of import duties on old vehicles. The suspension is in compliance with an earlier directive by the Senate that the policy, which has generated controversies, should be suspended. A statement by the Acting Public Relations Officer, NCS, Mr. Joseph Attah, stated that suspension of the …

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President Muhammadu Buhari has approved the payment of the outstanding N22 billion that is meant for dealers of agricultural inputs, popularly known as agro-dealers, in order to ensure the seamless distribution of fertilisers at an approved rate of N5,500 for 50kg. Earlier this year, the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, announced that the Federal Government was …

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Tayo Olanipekun Lagos State Commissioner for Establishment, Pension and Training, Dr. Akintola Benson Oke, has reiterated Governor Akinwunmi Ambode’s commitment to ensure that Civil Servants in the State acquire the relevant skills required for optimum performance in the discharge of their duties. Speaking on Thursday at the commencement of a two-day workshop organised by his Ministry in collaboration with XLS …

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The Federal Government has urged the Nigerian Senate to approve$500 million Eurobond to fund the 2016 Budget deficit. In a letter to the Senate read by president of the Senate,Bukola Saraki, Vice President Yemi Osinbajo explained that the request wasbased on the 2016 appropriation, which provided for new borrowings. Part of the letter read:  “The Senate may wish to refer …

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  The proposed competitive tariff regime of Nigerian Ports Authority (NPA) would place the Agency on a better platform in the sub-region, Managing Director, Hadiza Bala Usman has said. Addressing a team of Oxford Business Group UK, who paid her a courtesy visit, Usman also promised to ensure full implementation of the nation’s ports master plan. According to her, the …

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  Chief Chukwudi Igboji of 44, Pastor Elabiyi Street, Ikotun, Lagos state has alleged the obstruction to his business, threat to his life and conduct likely to breach public order by one Mr. Sunday and his wife who are illegally occupying his shop situated at A17 Ibadan line, Irepodun market, and threatening his life in cahoots with others. The shop …

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Dayo Emmanuel A non for profit organisation, the Prisoners Reformation and Rehabilitation Centre has held a youth leadership seminar in Lagos. The event which held at the weekend in Lagos featured several lectures and performances by artistes. According to the convener, Chima Chinedu, the event was staged using entertainment to attract youths out of criminal behaviours. Chinedu, a graduate of …

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TAYO OLANIPEKUN Oxfam with the support of the European Union has distributed dry season farming inputs to farmers in Kebbi State in its bid to improve livelihoods of small holder farmers.  The distribution, which took place onWednesday, at Birni Kebbi was part of Pro Resilience Action (PROACT) Project, anEuropean Union Support to Food Security and Resilience in Northern Nigeria. Six …

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