The Acting President, Prof. Yemi Osinbajo, has appointed a new chairman and members for the Independent Corrupt Practices and other related offences Commission, National Salaries, Incomes and Wages Commission, the Investment and Security Tribunal and Infrastructure Concession Regulatory Commission. The changes were contained in a statement signed by the Director …
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Two PDP governors to visit Buhari in London
Governor Emmanuel Udom of Akwa Ibom State and his Ebonyi State counterpart, David Umahi were among the six governors selected to visit President Muhammadu Buhari in London yesterday where he is currently receiving treatment for an undisclosed ailment. The visit, put together by the Office of the National Security Adviser, …
Read More »Nigeria emerging from recession – Osinbajo
Acting President Yemi Osinbajo’s assurances of economic recovery from bleakness of recession to dawn of abundance is becoming a reality as indices indicate. He said on his June 12 message: “Our path to progress and abundance is clear. The tools are in place and the resilient, resourceful and hardworking Nigerian …
Read More »LASG serves final notice to owners of illegal structures, shanties around Obalende
The Lagos State Government on Tuesday served a 48-hour “Abatement Notice from July 25 to July 27 to all owners of illegal structures and shanties, including containerised shops around Obalende. The Head, Public Affairs Unit, Lagos State Task Force, Mr Adebayo Taofiq, said in a statement that the illegal structures …
Read More »Senate finally passes Peace Corps bill
The Senate on Tuesday finally passed a bill to make the Nigerian Peace Corps a para-military agency. The Senate adopted the conference report on the bill to establish the Nigerian Peace Corps, after it was so advised by its committee on judiciary, human rights and legal matters. Both the Senate …
Read More »Tailors plan mass production of clothes
The President, the Nigeria Union of Tailors, Mr Wasiu Taiwo, on Tuesday said that the union had concluded an arrangement to set up a hub for mass production of clothes. Taiwo told journalists in Lagos that the production hub would be a sewing centre with modern equipment. According to him, …
Read More »BREAKING: CBN leaves monetary policy rate unchanged at 14%
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 14 per cent. The CBN Governor, Mr Godwin Emefiele who announced the decision of the committee at the end of a two-day meeting held at the apex bank’s headquarters in Abuja …
Read More »FG Directs FAAN To Remit 5 % Of Passenger Service Charge Revenue To AIB
The federal government has directed the Federal Airports Authority of Nigeria (FAAN) to remit to the Accident Investigation Bureau (AIB) 5 percent of revenue accruing from passenger service charge (PSC). The pronouncement has been a subject of controversy, pitting pressure groups in the aviation sector against the Minister of State …
Read More »BREAKING: South West Governors converge on Ogun to discuss regional integration
The governors of the South West states of Lagos, Ogun, Ondo, Osun, Oyo and Ekiti on Monday morning converged on Abeokuta, to discuss the development of the geopolitical zone. It is coming under the umbrella of Development Agenda for Western Nigeria (DAWN Commission). The governors are the host governor, Senator …
Read More »Nigeria won’t exceed oil output target – Barkindo
OPEC Secretary-General Mohammad Barkindo said on Monday Nigeria has no intention of going beyond its oil production target of 1.8 million barrels per day (bpd) until the end of March 2018. Barkindo made this known at the opening of the fourth Joint OPEC-non-OPEC Ministerial Monitoring Committee in St. Petersburg, Russia. …
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