Investment in infrastructure will get us out of recession – Udoma Massive investment in infrastructure is the surest way to get the country’s economy out of recession, the Minister of Budget and National Planning, Senator Udoma Udo Udoma, on Tuesday told laureates of the Nigerian National Order of Merit. Addressing the annual forum of the laureates in Abuja during their 9th Award Winners …

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2017 Budget: Presidency, National Assembly working together The Senior Special Assistant to the President on National Assembly Matters, Senator Ita Enang said the Presidency and National Assembly are all working together to ensure the consideration of measures laid before the legislature by President Muhammed Buhari, including the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper. Senator Enang disclosed this …

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ATCON Carpets CBN On ‘3-Minutes Call’ Tax Proposal The telecommunication companies in Nigeria have urged the Federal Government to drop the proposed tax on “three-minute” calls and above. The Association of Telecommunication Companies of Nigeria (ATCON) the umbrella body of the Operators, argued that recent present economic policies, of the Federal Government are gradually killing the industry, which is presently …

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60 per cent consumers now have meters – Eko Disco The Chief Executive of Eko Electricity Distribution Company, Mr Oladele Amoda, has said that in line with the company’s projection, the Eko Disco has metered over 60 per cent of its consumers. Making this disclosure in an interview on Tuesday to the News Agency of Nigeria, Amoda disclosed that the …

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Fuel scarcity looms over FG’s oil marketers $1.7bn Nigerians maybe thrown into another round of hardship, as the country may soon witnessed excruciating fuel scarcity in the next couple of weeks, owning to disclosure by oil marketers that they are running out of patience over the Federal Government’s refusal to pay its $1.7 billion debt owed them since May 2015. …

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GUARDIAN * Troops kill 30 Boko Haram members in failed ambush * Over N420 billion projects ‘abandoned’ in Niger Delta * ‘Jegede could have won if he came from different zone’ – Kashamu * Only genuine N-Power Volunteers will earn N30, 000, says Osinbajo * NUC ex-chief, experts fault school curricula, urge review * ‘Nigeria loses 30m tonnes of fertiliser …

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‘Regular exercise promotes sexual performance’ An Epidemiologist with the Lagos State Ministry of Health, Dr. Ismail AbdusSalam, says regular physical exercise promotes sexual performance in male and female. AbdusSalam, who is also a Consultant Public Health Physician said, “This is because regular exercises have a lot to do with production of testosterone in male.’’ He spoke to the News Agency …

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SEC, sole approving authority for securities—Adeosun  Finance Minister, Mrs. Kemi Adeosun, has reiterated that the responsibility for the supervision, regulation and approval of issuance of securities in the local market for Nigeria’s internal debt rests solely with the Securities and Exchange Commission (SEC). The minister stated this in a circular explaining that, in line with its powers as conferred by …

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File photo Apapa gridlock killing trade facilitation programme, says NPA The Managing Director, Nigerian Ports Authority (NPA), Ms Hadiza Usman, said the traffic gridlock in Apapa had affected access into the ports and killing trade facilitation programme of government. According to a statement by NPA on Monday in Lagos, Usman said this at a stakeholders meeting held in her office. …

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