An indigenous player in the Nigerian maritime and aviation sectors, Sifax Group has announced major restructuring in its management cadre; a development which saw its group Managing Director, Dr Taiwo Afolabi being elevated to the status of Group Executive Vice Chairman.

The teenagers unanimously said that the present situation in the country is bad, adding that almost everyone is responsible for the economic and moral decadence rocking the system. David Nnamdi from Wesley College maintained that, if President Goodluck Jonathan could just tackle the problem of electricity within the time limit he has in Aso-Rock, this generation and the ones unborn will remember him for that remarkable achievement.

The Maritime Industry Advocacy Initiative (MAIN) has given kudos to the House of Representatives; especially its committee on marine transport for making steady progress with the maritime sector bills that are at various stages of passage at the legislature.

THE Federal Government may revise its decision to introduce the controversial Cargo Tracking Note (CTN) Levy following petitions against the levy just as the House of Representative Committee on Marine Transport has summoned the Nigerian Ports Authority (NPA) following petitions against the project.

The Environmental Rights Action/ Friends of the earth Nigeria (ERA/FoEN) has commended the Osun State government for signing the Osun State Prohibition of Smoking in Public Places Bill 2009 into law, saying the decision is one of the most far-reaching efforts taken by any state in the Federation to safeguard public health.

NIGERIAN Association of Chambers of Commerce, Industry, Mines and Agriculture(NACCIMA), has flayed the Central Bank of Nigeria(CBN) for not performing her core functions for more than 20 years now.

The Federal Government in collaboration with the National Sugar Development Council has flag off the disbursement of credits facility to members of 40 out-growers association in sugar sector.

The level of implementation of technical and vocational education and training (TVET) at the ECCDE/basic level is, according to Njoku, abysmally poor. He says: “Teacher/Pupil ratio is still very wide in many states, teaching facilities are extremely limited. There are no school farms in many school and handiwork is monetized and there is poor vocational training for non-transiting JSS pupils”.

The quiz competition, which tested the general and aptitude ability of the students, was a major highlight of the event. As a form of reward, Atlantic Hall and Grange Secondary School libraries will receive book prizes from ACCA.

As part of the Water of Life Project, a corporate social responsibility initiative of Guinness Nigeria Plc, the company has commissioned an all-inclusive water scheme at Iperu-Remo in Ikenne-Remo Local Government of Ogun State. The company donated the facilities to the community to give the people access to safe water.

WARRI — WITH the on-going reshuffling of political staff in the Presidency coming on the heels of the ascendency of Goodluck Jonathan as substantive President and Commander-in-Chief of the Armed Forces of Nigeria, there are reports that a number of people, including a serving local government chairman in Delta North are been pencilled down for the position of special assistants to the President.

The naira exchange rate stabilized at the interbank foreign exchange market even as cost of funds moderated downward.

The declining trend on the Nigerian Stock Exchange (NSE) worsened, Tuesday, as the value of investments on the Nigerian Stock Exchange (NSE) dipped by N119.8 billion.

The impressive performance of Oando Plc in recent time has been attributed to the diversified operational strategy adopted by its management.

As parts of activities marking Children’s Day, Oceanic Bank International Plc has announced plans to empower and inculcate the habit of savings, financial discipline and effective financial planning skills on children and youths in the country.