Politics

The Bureau of Public Enterprises (BPE) will generate over N300 billion from privatisation and commercialisation to support the 2018 budget financing, its Director-General Dr Alex Okoh said yesterday. Okoh spoke in Lagos at the Stakeholders Media Interactive Forum organised by the Enterprise and the Stakeholders Engagement Committee of the National Council on Privatisation (SEC-NCP). The BPE plans to generate N300 …

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A new report by EY Africa says Nigeria has improved on attracting foreign direct investments. The Africa Attractiveness report, which was released on Monday and titled Turning Tides, said Nigeria got 25% more FDI projects in 2017 compared to 2016. “In line with its recovery from recession in 2017, Nigeria garnered 25% more FDI projects. According to the World Bank, …

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Pirates have seized 11 crew members from the container ship Pomerenia Sky off the coast of Nigeria. The Liberia-flagged vessel was headed for the Nigerian port of Onne on Saturday morning when the attack occurred, reports ship manager Midocean (IOM). Those abducted include eight from Poland, two Filipinos and a Ukrainian. Nine crew members remain on board the vessel and are reportedly …

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The Managing Director Nigerian Port Authority (NPA), Hadiza Bala Usman has reiterated the commitment of the Authority to achieve ISO 9001 & OHSAS 18001 certification and compliant especially in its Harbours Services. She has therefore issued a 90 (Ninety) day marching orders to the relevant Divisions and Departments in the Authority to accomplish all the identified critical requirements needed to …

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The Nigerian National Petroleum Corporation and its subsidiary, Nigerian Petroleum Development Company, and other companies in the oil and gas sector have yet to remit a total revenue of $22.06bn and N481.75bn to the Federation Account. Latest report on the summary of unremitted revenue, losses and unreconciled differences from operations and transactions in the oil and gas sector released in …

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…Commissions  20 Room  Hostel For Boy Soldiers At  Nigerian Military  School Olabode Adaramola, Niger Niger State Governor, Alhaji Abubakar Sani Bello has said that solution to the nation’s security challenges requires collective and all stakeholders approach, while calling for  the need for community policing, in order to checkmate the pockets of security challenges, especially in the rural areas. He stated  this …

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In line with its Jobs for Youth in Africa (JfYA) Strategy to boost job creation and entrepreneurship across Africa, the African Development Bank held a breakfast session at the ongoing 24th Nigerian Economic Summit themed, “Education to Employment – Mind the Gap.” The session was a joint event between the Bank, National Universities Commission (NUC), Federal Ministry of Labour and …

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The Federal Government is determined to promote and increase indigenous participation in the shipping business in Nigeria, the Minister of Budget and National Planning, Senator Udoma Udo Udoma told the Nigerian Fleet Implementation Committee on Thursday, in Abuja. The Minister who gave the indication while receiving the Committee members in his office, said government will provide the necessary support to …

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 Fashola: President’s win will ensure handover to S-West in 2023 The Economist Intelligence Unit (EIU), the research unit of The Economist Magazine, has predicted that the presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, will defeat President Muhammadu Buhari of the ruling All Progressives Congress (APC) in the 2019 presidential election. This prediction is coming as the …

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The Federal Government, 36 States and FCT as well as 774 Local Governments on Thursday shared N698.7 billion for the month of September. The Minister of Finance, Mrs Zainab Ahmed, said this in Abuja, while briefing newsmen on the outcome of the Federation Account Allocation Committee (FAAC) meeting. Giving a breakdown of the revenue accrued in September to be distributed …

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