IF full deregulation of the downstream sec tor does not commence, the intermittent scarcity of petroleum product will remain with us”. This is the position of Major Oil Marketers Association of Nigeria, the body responsible for 57 per cent of petroleum products imported into the country.

MANAGEMENT of Folio Communications Ltd, has paid a total of N24,548,600.00 as part of the outstanding salary arrears and benefits to former and current staff of Daily Times ahead of planned return of the nation’s foremost Newspaper to news stand.

By Emmanuel Edukugho The crisis rocking the Nigerian French Village following allegations of corruption made against the management by 32 lecturers is now being investigated by the Economic and Financial Crimes Commission (EFCC).

Indications have emerged that the National Assembly may direct the reversal of the privatisation of some government firms and establishments due to the failure of the Bureau for Public Enterprises( BPE) to instill sanity in the privatisation exercise.
The decision to re-acquire these establishments stem from the fact that most of the firms that bought over the hitherto government companies have failed to fulfill their part of the bargain.

As part of its effort to ensure that fish consumers are not exploited, the Oyo State branch of the Association of Fish Farmers and Aqua-culturists of Nigeria (AFFAN), plans to open a central fish market at the Eleyele area of Ibadan this year.