In spite of being blessed with abundant solid minerals, the sector has only contributed N400 billion to the Nigerian economy in 12 years. A Nigeria Extractive Industries Transparency Initiative (NEITI) report showed that the industry posted N69.47 billion to the ...
Read More »Monthly Archives: March 2020
Inaugural Afrika business, investment forum holds in Abuja
The Federal Ministry of Industry, Trade and Investment yesterday announced Nigeria’s readiness to host the inaugural Afrika Business and Investment Forum (AFRIBIF) 2020. According to the Director of Investment Promotion in the ministry, Mrs Olukemi Arodudu, the event would hold ...
Read More »Senate deplores friction between governing boards, chief executives, queries ministry for alleged reckless spending
The Senate Committee on Science and Technology has condemned the frosty relationships between governing boards of some Federal Government agencies and their chief executives. The panel chairman, Senator Uche Lilian Iyom Ekwunife (Anambra Central), who spoke at the weekend in ...
Read More »No record of $5b Abacha loot, expenditure, Federal Government tells SERAP
The Federal Government has told the Socio-Economic Rights and Accountability Project (SERAP) that it had “no record of the exact amount of public funds stolen by a former military Head of State, General Sani Abacha, and the spending of about ...
Read More »Akpabio deplores N8 billion redundant vocational centres in Niger Delta
Minister of Niger Delta Affairs, Senator Godswill Akpabio, has raised the alarm over the preponderance of redundant skill acquisition centres worth over N8 billion in the Niger Delta. Akpabio made the disclosure yesterday at a roundtable on Strategic Implementation Work ...
Read More »NMA strikes over abduction of member’s wife in Cross River
Following the abduction of the wife of one of its member, Mrs. Christiana Ekanem, the Nigerian Medical Association (NMA) Cross River chapter has embarked on an indefinite strike. The captive, an assistant director at the University of Calabar Teaching Hospital (UCTH), ...
Read More »Gbajabiamila pleads with ASUU as union insists strike is legal
Speaker of the House of Representatives, Femi Gbajabiamila, has appealed to the Academic Staff Union of Universities (ASUU) to call off its strike in the interest of students. He also urged the lecturers to consider negotiating with the Federal Government ...
Read More »Buhari reappoints Bala Usman as NPA MD
President Muhammadu Buhari has reappointed Hadiza Bala Usman for a second and final term of four years in office as Managing Director of the Nigerian Ports Authority (NPA). This is even as the president also approved the reconstitution of the ...
Read More »Ekweremadu, others kick over South East’s exclusion from $22.7b loan
Eight days after the Senate approved the $22.7 loan request for President Muhammadu Buhari, federal lawmakers from the South East geo-political zone yesterday called on the leadership of the National Assembly to accommodate the region in the facility. A report ...
Read More »Lawan canvasses proper planning to check multiplicity of development agencies
Worried about the moves by the six geopolitical zones to individually have their areas urbanised through development commissions, Senate President Ahmad Lawan has charged the Federal Government to address the challenge through a structured national planning. Besides the Niger Delta ...
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