Amnesty alone won’t solve militancy in Niger-Delta

Amnesty alone won’t solve militancy in Niger-Delta

If we are not where we are supposed to be as a nation, it is because we have not set out to be there. I think we are where we are because this is where we have traveled to. So far, we have traveled to the level where we are able to preserve our sovereignty as a nation and as a member of comity of international nations. What I’m saying is that we have preserved our Nigerianess but what we are worried about is the content and quality of this Nigerian nation.
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FCT, Chinese firm seal pact on housing

FCT, Chinese firm seal pact on housing

The Federal Capital Territory (FCT) administration has signed a memorandum of understanding (MoU) with a Chinese firm, Chinese Global Group Corporation (CGGC), to deliver mass housing, boost development of infrastructure and power generation in the in the territory.

Senate faults N5bn capitalisation of FMBN

Senate faults N5bn capitalisation of FMBN

The Senate has faulted the N5 billion capital base of the Federal Mortgage Bank of Nigeria (FMBN), describing it as ridiculously low and an indication that government is only paying lip service to provision of affordable housing to the people.

CBN, FOREIGN RESERVES AND THE ECONOMY

CBN, FOREIGN RESERVES AND THE ECONOMY

In last week’s article, “Dollar Reserves: Who Owns What?” we endeavoured to lift the shroud over the amorphous concept of Nigeria’s foreign reserves. Incidentally, the Senate has lately in consonance with our position, also frowned at the illegality of the component of the reserves defined as excess crude account! (See Daily Independent headline of 23/10/2009, “Sharing of $2bn Excess Crude Fund Illegal – Senate”).

Insurers Risk  Political Risk Insurance

Insurers Risk Political Risk Insurance

Insurers across the African Continent are bracing up to venture into the the delicate and risky business of political insurance as a means of curbing the huge loses associated with political violence, terrorism acts and internal war.