Politics

Elumelu Shares Africapitalism Philosophy In North Africa Calls On African Leaders To Create Youth Business Champions, Not Martyrs Fifteen delegations representing the United Nations and several countries, including Germany, Canada, France, Qatar and Algeria took part in the Tunisian government’s International Investment Conference dubbed “Tunisia 2020.” In the last 5 years the Tunisian economy has struggled following a democratic uprising …

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Ngozi Okonjo-Iweala Receives The 2016 Global Fairness Award Former minister of finance, Dr. Ngozi Okonjo-Iweala has been honored with the Global Fairness Award in Washington DC, United States. The award was presented to her by the Global Fairness Initiative in recognition of her contribution to sustainable development, through serving others, and her consistent focus on implementing development programs that benefit …

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State Government Submitts Claims For Reimbursement Over-Deductions On Paris Club Loans State Governments have submitted to the Federal Government (FG), claims of over-deductions for external debt service arising between 1995 and 2002 as a result of First Line Charge deductions from the Federation Account Allocation Committee (FAAC) allocations. These debt service deductions are in respect of the Paris Club, London …

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  U.S. Ambassador W. Stuart Symington Presents Credentials to President Buhari U.S. Ambassador to the Federal Republic of Nigeria Honorable W. Stuart Symington presented his credentials to His Excellency, President Muhammadu Buhari today at a brief ceremony at the Presidential Villa in Abuja. He was accompanied by Mrs. Symington, Deputy Chief of Mission David J. Young, USAID Mission Director Michael …

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FG audits 33 agencies, uncovers N450 bn unremitted revenue The Federal Government is set to recover about N450 billion operating surpluses that were not returned by 33 agencies from 2010 to 2015. According to agency report, the Minister of Finance, Kemi Adeousun, made the announcement on Thursday in Abuja at a news conference. She said that an audit had been …

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Power generation drops to 3,321mw The nation’s power generation capacity has dropped from 4,285 megawatts recorded on September 16 to 3,321 megawatts on December 1 due to dearth of gas, the News Agency of Nigeria (NAN) reports. NAN reports that this figure was obtained frokm the website of Nigerian Electricity System Operator on Thursday. The Transmission Company of Nigeria (TCN), …

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Lagos targets 10,000 units of street lights in 2017, laments inadequate gas supply  The Lagos State Government is to deploy not less than 10,000 units of street lights before the end of February 2017. Already, the State Government had deployed 36,000 units under its light up Lagos initiative, bringing the total units to 46,000. Speaking in Lagos on Wednesday at the 2016 …

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NCC Suspends Directive to Hike Data Tariff The Nigerian Communications Commission (NCC) has suspended directive to hike data tariff in the domestic economy. This was occasioned by concerns that visited the directive to introduce price floor for data segment of the telecommunications sector beginning from December 1, 2016, The decision to suspend this directive was taken after due consultation with …

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Senate orders NCC to halt planned hike in data tariffs The Senate, Wednesday, ordered the Nigerian Communication Commission, NCC, to halt immediately, its planned hike in data tariff. The senate which mandated a Committee on Communication to carry out through oversight on the process to ensure that Nigerians are carried along in the process said it must ensure that Nigerians are …

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