Industrialists from Northern Nigeria have welcomed the Federal Government’s decision to impose a 15 per cent import duty on petroleum products. They said that the measure would stimulate local production, enhancing value addition within the oil and gas sector, and creating a more competitive environment for Nigerian manufacturers. Muhammad Madugu,Continue Reading

By Aderogba George The All Indigenous Contractors Association of Nigeria (AICAN) on Thursday announced the suspension of its ongoing protest following the intervention of the Senate, led by its spokesperson, Sen. Adeyemi Adaramodu. The suspension notice, released to newsmen in Abuja, was jointly signed by the association’s President, Mr JacksonContinue Reading

By Funmilayo Adeyemi Dr Mariam Masha, Senior Special Assistant to the President on Regional Programmes, has reaffirmed Nigeria’s commitment to strengthening balanced and inclusive regional development. Masha made the remark on Thursday at a High-Level Stakeholders’ Engagement on Regional Development in Abuja. She said regional development remained central to PresidentContinue Reading

By Angela Atabo The Nigerian Society of Engineers (NSE), in collaboration with MIDAS IT of India, has donated engineering software packages valued at 17.4 million dollars to 15 Nigerian universities. The NSE said the gesture was aimed at boosting engineering education and strengthening practical design knowledge among students in civil,Continue Reading

NCC

By Jessica Dogo The Nigerian Communications Commission (NCC) has confirmed its board members following a successful screening exercise at the National Assembly. The NCC Head of Public Affairs, Mrs Nnenna Ukoha, said the Senate Committee on Communications confirmed Idris Olorunnimbe, representing South-West, as Chairman of the board. Maryam Bayi representingContinue Reading

By Aderogba George The Chartered Institute of Treasury Management (CITM) has called on oil and gas companies in Nigeria to strengthen their financial management systems and adopt prudent treasury practices to avoid insolvency. The call follows the recent receivership of Nestoil Limited, whose Lagos headquarters was sealed after a FederalContinue Reading

      By Angela Atabo   Former Vice President Prof. Yemi Osinbajo has called for a paradigm shift in Africa’s development strategy, urging governments and institutions to place social justice at the centre of economic growth.   Osinbajo made the call at the Ford Foundation Office for West AfricaContinue Reading

By Mark Longyen The Nigerian Union South Africa (NUSA) has hailed the decision of a High Court in Gauteng, Johannesburg, which prohibited an anti-migrant group, Operation Dudula, from unlawful activities against foreign nationals. The union in a statement issued by its Secretary, Akindele Olunloyo, and President, Smart Nwobi, described theContinue Reading