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INSECURITY, ECONOMIC SABOTAGE A SOURCE OF CONCERN, SAYS IBB

Olabode Adaramola Former Military President, General Ibrahim Babangida has expressed concern over the current insecurity situation and economic sabotage in the country, saying that it should be a source of concern to all Nigerians. General Babangida in a statement in Minna to mark this year’s Armed Forces Remembrance week urged all political leaders, traditional leaders, elder statesmen and the general …

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Global unemployment to rise by 3.4 million in 2017, says ILO

The global unemployment rate is expected to rise modestly from 5.7 to 5.8 per cent in 2017 representing an increase of 3.4 million in the number of jobless people, says  a new International Labour Oeganisation ( ILO)  report. According to ILO, the  number of unemployed persons globally in 2017 is forecast to stand at just over 201 million – with …

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NSCDC arrest 2 suspected Boko Haram members in Niger

Olabode Adaramola Minna Niger State Command of the Nigeria Security and Civil Defence Corps (NSCDC) said  it has arrested two suspected Boko Haram members in Minna metropolis, the state capita The suspected members, 20- year old  Usman Al-Amin and Sanusi Ibrahim Bala according to a statement by the Command’s Public Relation Officer, Ibrahim Yahaya were arrested at different locations within …

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Recession: NSE to support FG’s 10-point roadmap at jumpstarting the economy

The Nigerian Stock Exchange (NSE) said it has put modalities in place at ensuring that the recent rolled-out Federal Government’s 10-point road map at reviving the economy becomes a success. The Government’s Fiscal Roadmap is aimed at addressing barriers to growth that will drive productivity, generate jobs and broaden wealth creating opportunities to achieve inclusive growth. Addressing the capital market …

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Power generation drops to 3,751 MW

The Transmission Company of Nigeria (TCN) said that that the nation’s power generation capacity dropped slightly from 3,959 megawatts from Jan. 4, to 3,751.90 megawatts on Jan. 12, due to dearth of gas. The Nigerian Electricity System Operator (SO) website, a sub agency of TCN, disclosed the figure on its daily forecast website on power generation data in Lagos on …

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Expert faults FG’s Kaduna as alternative airport to Abuja

Olabode Adaramola The Federal Government has been faulted over its decision to divert flights going to the Nnamdi Azikiwe International Airport Abuja, to Kaduna airport over the ongoing repair works being carried out at the Abuja airport,while describing it as a political maneuvering just like in the previous administrations. An Aviation expert, Engineer Abdullahi Dauda Kutigi who is also a chieftain …

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