Let Nigerian insurers control local content business

Let Nigerian insurers control local content business

Even with the expected peace in the Niger-Delta resulting from Federal Government’s amnesty, insurers are still wary of the region. FBN Insurance Brokers CEO, Val Ojumah, an acclaimed international broker, advises that local insurers should still stay away from the business in that region, ostensibly for reasons of the special skills needed for the peculiar risks.
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Reps warn Yar’Adua over unathorised withdrawals

Reps warn Yar’Adua over unathorised withdrawals

By Tordue Salem ABUJA—House of Representatives has called on the Presidency not to make fresh withdrawals from the National Automotive Council (NAC), Sugar Levy Account  and other accounts at the Central Bank of Nigeria (CBN). The warning is contained in the recommendations of the 17-member Joint House Committee on Industry, Commerce, Agriculture and Water Resources […]

Contract: BPP recommends 18 for prosecution

Contract: BPP recommends 18 for prosecution

By Oscarline Onwuemenyi ABUJA — The Bureau of Public Procurement disclosed yesterday that it has initiated the prosecution of about 18 officials for breach of the procurement process in this year’s budget. The Director-General of the Due Process Office, Engr. Emeka Ezeh, who made the disclosure at an engagement with professionals from the works and […]

NAFDAC seeks stiffer penalties for fake drug dealers

NAFDAC seeks stiffer penalties for fake drug dealers

By Tony Edike ENUGU—THE National Agency for Food and Drug Administration and Control (NAFDAC) yesterday called for the enactment of law prescribing stiffer penalties for drug counterfeiters. It asked the nation to emulate China’s approach to the battle against fake drugs. South-East Zonal Director of NAFDAC, Mr. Festus Anumba, who made the call in Enugu, […]

Gov Obi collides with Ngige on the Potomac

Gov Obi collides with Ngige on the Potomac

Last weekend, the biggest resort and business centre on the river, linking the states of Virginia, DC and Maryland was host to the 2009 Anambra mammoth US National Convention.

PDP is confused – Edo govt

PDP is confused – Edo govt

Edo State government said yesterday that the Peoples Democratic Party (PDP) in the state was in a confused state and would never win elections in the state in the nearest future.