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ITF expended N13.7bn on SIWES in 7 years – DG

By Joshua Egbodo Abuja Director General of the Industrial Trust Fund (ITF), Mr. Joseph Ari, has disclosed that the agency has in the last seven years, paid the sum of N13.4 billion to students under the Students Industrial Work Experience Scheme (SIWES). According to him, the amount was used to cater for students and supervisory […]

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October inflation falls to 15.91% –NBS

By Benjamin Umuteme Abuja The Consumer Price Index (CPI) which measures inflation increased by 15.91 percent (year-on-year) in October2017. According to the National Bureau of Statistics (NBS) in the October 2017 CPI report noted that the new figure represents 0.07 percent lower than the rate recorded in September (15.98) percent making it the ninth consecutive […]

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Marriott, Landmark sign pact to build 260-room hotel in Lagos

  Stories by Benjamin Umuteme Abuja Marriott International and Landmark Africa Group have announced the signing of Renaissance Lagos Hotel and Marriott Executive Apartments. Slated to open in 2020, the hotels will be located within the Landmark Village precinct, a premier mixed-use, business, leisure and lifestyle development along the Atlantic Ocean waterfront in Victoria Island, […]

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Kaduna, PPDC sign MOU on open, transparent contracts

By AbdulRaheem Aodu Kaduna Kaduna state Government yesterday signed a memorandum of understanding with Public and Private Development Centre (PPDC) to integrate the Kaduna state contracting platform with the Open Contracting Data Standards (OCDS). The MOU that was signed by the Director – General of the Kaduna state Public Procurement Authority (PPA), Mr Thomas Gyang […]

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Ondo to buy FG’s share in wood coy –Akeredolu

Benjamin Umuteme Abuja Ondo State governor, Rotimi Akeredolu has said that the state is willing to buy up federal government’s equity in the Nigerian-Romanian Wood Industry (NIROWI), situated in Akure, Ondo state. The governor said this when he received a delegation from the Bureau of Public Enterprises led by its Director General, Alex A. Okoh […]

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FEC endorses new National Building Code

The Federal Executive Council (FEC) yesterday endorsed a new National Building Code for the country. The council at its meeting in Abuja, presided over by the Vice-President, Prof. Yemi Osinbajo, also approved the reconstruction of the Gombe-Biu Road at a cost of N27 billion. Speaking with State House Correspondents after the meeting, the Minister of […]

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IATA seeks ways to repatriate airlines’ blocked revenues from Africa

Director General and Chief Executive Officer of the International Air Transport Association (IATA) Alexander de Juniac has said that practical solutions are needed so that airlines can reliably repatriate their blocked funds from some African countries. Speaking in a keynote address delivered on his behalf by IATA’s vice president, Africa, Raphael Kuuchi to the 49th […]

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Dana marks 9th anniversary despite challenges

Dana Air has celebrated its 9th year anniversary and pledged to give out 900 free return tickets as well as upgrade the Dana Miles Silver members to Gold membership. In a statement in Lagos, the airline’s Accountable Manager, Mr. Obi Mbanuzuo said the 9th anniversary celebration “is particularly significant for us considering the multiple challenges […]

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NAHCO aviance appoints new MD, promotes over 800 staff

The Nigerian Aviation Handling Co. Plc (Nahco aviance) has appointed Mr. Idris Yakubu as its Managing Director and promoted over 846 staff in its employ. The outgoing Acting Managing Director and Chief Executive Officer of the ground handling firm, Mrs. Folashade Ode said the promotion was approved by the board of directors, adding that “it […]

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Economy holds promise as FG spends big on infrastructure in 2018

The federal government has proposed to spend N8.61 trillion in 2018 with N295 billion going into construction and repair of roads nationwide. BENJAMIN UMUTEME examines the implication this spending will have on the economy The Minister of Budget and National Planning, Senator Udoma Udo Udoma, had in the course of giving the breakdown of the […]

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FG losing N10bn daily to Apapa gridlock – Dangote

The federal government is losing over N10 billion daily to the Apapa Wharf gridlock, president of Dangote Group, Alhaji Aliko Dangote, said on Tuesday. Speaking to State House correspondents at the end of a meeting between Vice President Yemi Osinbajo and private sector operators on how to resolve the Apapa gridlock, Dangote said reconstruction work would […]

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eNigeria: Stakeholders move to review laws, regulations on local content

Stories by Ayoni M. Agbabiaka with agencies Stakeholders at the just concluded eNigeria summit have called for a national workshop to review all existing IT regulations and laws in order to ensure a robust legal framework for local content and IT development in Nigeria. In a communiqué at the end of the three-day event marking […]

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Pastor unearths $50m diamond in Sierra Leone

  Another huge diamond has been released from the Earth’s clutches following an astounding discovery in Sierra Leone earlier this year. Sierra Leone’s Minerals Agency announced recently that a 476-carat diamond was discovered in the Kono district – the same eastern part of the country where a local pastor unearthed a 709.1-carat stone in March. […]

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President Buhari to Open World Aviation Forum

To emphasize the importance attached to the consideration of Nigeria to become the first country to host the annual World Aviation Forum by the International Civil Aviation Organization (ICAO), President Muhammadu Buhari is expected to attend the opening ceremony and flag off the event. This has been revealed in a press statement signed by Deputy […]

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How effective is Twitter in govt communication in Nigeria?

BISI DANIELS in this piece wonders whether government officials at all levels, use communication tools, such as Twitter, in governance, as it is done in advanced democracies How does one talk about the use of Twitter in government-public communication without the mention of US President Donald Trump? He is perhaps Twitter’s biggest customer, tweeting directly […]

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Mambila Plateau : Quest for Nigeria’s coffee hub may just have begun

It has been established by agricultural economists that over 90 percent of the global Coffee/Tea production takes place in developing countries while consumption happens mainly in the industrialised economies. As Nigeria’s economy exits recession, KEHINDE OSASONA examines the possibility of taking comparative advantage of the agricultural sub-sector to jump – start the economy via diversification. […]