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We’re on the same page with FG on borrowing – W’Bank

We’re on the same page with FG on borrowing – W’Bank

The World Bank says it is not in disagreement with the Federal Government on the need to borrow to finance infrastructure. In a letter to the Minister of Finance, Mrs. Kemi Adeosun, in Abuja on Wednesday, the World Bank Country ...

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Agip pushes ahead with 150,000bpd refinery plan

Agip pushes ahead with 150,000bpd refinery plan

The Nigerian Agip Oil Company, a subsidiary of Italian oil major, Eni, said it had begun feasibility studies for the construction of a new 150,000 barrels-of-oil-per-day refinery in the Niger Delta. The Vice-Chairman and Managing Director, NAOC, Mr. Massimo Insulla, ...

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NAFDAC intercepts N50m fake insecticides

The National Agency for Food and Drug Administration and Control said it had arrested Mr. Obumneme Okpala, a man suspected to be behind a syndicate specialising in the importation, distribution, warehousing and sale of counterfeit insecticides. According to the agency, ...

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Nigeria needs N15.3tn for aviation infrastructure – Experts

Youths Protest Interim Management Committee for MAN, Oron

Aviation experts have said that the country needs $50bn (N15.3bn) to close infrastructure gap in the industry and position the industry as Sub-Saharan Africa hub in the next 30 years. The experts, who spoke on Tuesday at the Nigeria Travels ...

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NNPC stores two billion litres of petrol for end-of-year movement

NNPC stores two billion litres of petrol for end-of-year movement

The Nigerian National Petroleum Corporation on Tuesday announced that it had stored over two billion litres of Premium Motor Spirit, also known as petrol, to ensure a hitch-free end-of-year movement of motorists. It said the end-of-year period had been hitherto ...

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Poverty biting harder, Reps tell FG

Poverty biting harder, Reps tell FG

Members of the House of Representatives on Tuesday at a plenary session complained that poverty was biting harder in the country and urged the Federal Government to tackle the problem headlong. They spoke as President Muhammadu Buhari wrote the House ...

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Inflation drops marginally to 15.98%

Inflation drops marginally to 15.98%

The National Bureau of Statistics has released the Consumer Price Index report, which measures inflation, with the rate dropping year-on-year from 16.01 per cent in August to 15.98 per cent in September. In the report released on Tuesday in Abuja, ...

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Enugu PDP, APC Chairmanship Primaries: A  Cost-Effective Political Business Model

Enugu PDP, APC Chairmanship Primaries: A  Cost-Effective Political Business Model

By Jude Odo, South- East Regional Editor The recent People’s Democratic Party primaries that produced the party flag bearers in the forth-coming local government election in Enugu State slated for November 4,2017 were received with mixed reactions from party faithfuls, ...

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Sokoto Oil Venture: Epitome Of Misplaced Priority

Sokoto Oil Venture: Epitome Of Misplaced Priority

 “Nothing leads so straight to futility as literary ambitions without systematic knowledge”- H.G Wells Like H.G Wells rightly posit “futility” is nothing far from a mission without direction. A journey without definite destination is nothing but a waste of time and ...

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How I Manage Experienced And Older Subordinates At Work – NPA MD, Usman

How I Manage Experienced And Older Subordinates At Work – NPA MD, Usman

By Kenneth Jukpor During the 2017 annual conference of Port Management Association of West & Central Africa (PMAWCA) which held in Lagos last week, the Managing Director of Nigerian Ports Authority (NPA) Ms. Hadiza Bala-Usman chaired a technical session, titled; ...

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CVFF : Another Debate Of Survival For Shipping Sector 

By Kenneth Jukpor Globally, shipping has been recognized as one of the catalysts for socio-economic development. It is an industry that has been at the fore front of opening up and connecting the world and thus is a major driver ...

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Building on the Successes of the Agricultural Transformation Agenda (ATA)

Building on the Successes of the Agricultural Transformation Agenda (ATA)

This policy document is the outcome of an intensive consultative process starting in November 2015 through April 2016, and involving multiple stakeholders. From farmer groups to investors to processors to lenders to civil servants to academics, many stakeholders provided detailed ...

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BEARS: Watch Out! Falling Trucks!

BEARS: SON Goofs

Tin-Can and Apapa Ports host two of the nation’s premier seaports, which generates billions for the nation yet the roads have become characterized by potholes, gridlocks and frequent accidents. The rainy season has led to trucks fallen in scores daily ...

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BASL Denies N2b Indebtedness To FAAN

BASL Denies N2b Indebtedness To FAAN

Bi-Courtney Aviation Services Limited (BASL) has faulted claims by the National Union of Air Transport Employees (NUATE), Air Transport Senior Staff Association of Nigeria (ATSSAN) and the National Union of Pensioners (NUP) that it owes the Federal Airports Authority of ...

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Women Should Be Agents Of Transformation In Maritime – NPA MD, Usman

Women Should Be Agents Of Transformation In Maritime – NPA MD, Usman

The Managing Director of the Nigerian Ports Authority (NPA) Ms. Hadiza Bala-Usman has urged women in the ports sector to make themselves indispensible by becoming agents of transformation in any position they find themselves. The Managing Director who was speaking ...

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SIFAX Bags West African Shipping Award

SIFAX Group, a multinational corporation with diverse interests in maritime, aviation, haulage & logistics, oil & gas and hospitality, has bagged an award at the 7th edition of the Nigerian Brand Awards. SIFAX was awarded the “most Innovative and Impactful shipping and ...

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Channel Blockade: LNG Demands $315.6m Refund From NIMASA

Channel Blockade: LNG Demands $315.6m Refund From NIMASA

Nigerian  Liquefied Natural Gas (NLNG) has raised a strong letter  to Nigerian Maritime Administration and Safety Agency (NIMASA) demanding the payments of about $315.6 million debt made under protest to the agency since 2013. In the letter, NLNG said that ...

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Tax: FIRS Goes After Owners Of Undeveloped Commercial Plots

Tax: FIRS Goes After Owners Of Undeveloped Commercial Plots

The Federal Inland Revenue Service (FIRS) has commenced the process of forfeiture of undeveloped commercial plots in the Federal Capital Territory, Abuja, Daily Trust has leant. In a notice recently pasted on undeveloped plots in the capital city, the revenue ...

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THE IMPORTANCE OF ENTREPRENEURS IN THE SOCIETY

THE IMPORTANCE OF ENTREPRENEURS IN THE SOCIETY

Entrepreneurs are frequently thought of as national assets to be cultivated, motivated and remunerated to the greatest possible extent. Entrepreneurs can change the way we live and work. If successful, their innovations may improve our standard of living. In short, ...

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Buhari asked us to focus on northern Nigeria — World Bank

We’re on the same page with FG on borrowing – W’Bank

The President of the World Bank Group, Jim Yong Kim, said on Thursday that the bank had concentrated on the northern region of Nigeria in line with President Muhammadu Buhari’s request. Kim and the Managing Director, International Monetary Fund, Christine ...

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