Aluminium dealers faults CBN directives on standards

Aluminium dealers faults CBN directives on standards

By Olasunkanmi Akoni & Godfrey Bivbere Aluminium roofing sheets dealers have faulted the recent directive of the Central Bank of Nigeria (CBN) on standards of imported alumnium roofing sheet allowed for foreign exchange purchases. The CBN had, on November 13, 2009, issued a circular to all authorised dealers, destination inspection service providers, the Nigeria Customs […]
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Ebonyi sponsors 15 for maritime tranning

Ebonyi sponsors 15 for maritime tranning

By Dennis Agbo Abakaliki—Fifteen students from Ebonyi State are to be trained at the Nigeria Maritime Academy, through an N81 million government scholarship fund as part of efforts to have its indigenes in all sectors of the nation’s economy. Chief Fidelis Mbam, Secretary to Ebonyi State Government, made the disclosure  yesterday  in Abakaliki, when members […]

Aircraft rehabilitation in Nigeria saved N1bn — Petirin

Aircraft rehabilitation in Nigeria saved N1bn — Petirin

By Kingsley Omonobi ABUJA—Chief of Air Staff, Air Marshal Oluseyi Petirin justified yesterday, the in-country repairs and rehabilitation of Airforce aircraft within the country since he took over the helm of affairs of the NAF, saying that in the last nine months, the Nigeria Airforce has saved the country over N1billion that would have gone […]

NARTO, tanker drivers threaten to boycott federal roads

NARTO, tanker drivers threaten to boycott federal roads

By Oscarline Onwuemenyi ABUJA — The National Association of Road Transport Owners (NARTO) and the Petroleum Tanker Drivers (PTDs) have lashed out at the Federal Government over the deplorable state of federal roads in the country, which, they noted, has greatly harmed their operation over the years. Addressing a joint press conference yesterday in Abuja […]

Nigerians in Diaspora remit $10bn in 2008

Nigerians in Diaspora remit $10bn in 2008

By Babajide Komolafe Nigerians in Diasporas remitted $10 billion in 2008, indicating a 10 per cent increase to amount remitted in 2007, says a World Bank report. The $10 billion inflow represents 4.7 per cent of the nation’s gross domestic product (GDP) and puts Nigeria at number six among the top ten recipients of migrant […]