THE appetite for more funds by the three tiers of government has forced the Federal Government to draw down a $3 billion in one fell swoop from the Excess Crude Account, leaving behind a mere $460 million.

Nigerian Breweries Plc, brewers of Gulder larger has unveiled plans for the 7th edition of it’s annual television reality show; “The Gulder Ultimate Search.”

The Honorable Minister of Transport, Alhaji Yusuf Suleman has commended the Management of the Nigerian Maritime Administration and Safety Agency, NIMASA, for the successful completion and putting to use the Nigerian Maritime Resource Development Center, NMRDC, located in Kirikiri area of Lagos.

GLOBAL unions in the chemical, energy, and mine and other sectors, have thrown their weight behind the National Union of Petroleum and Natural Gas Workers, NUPENG, in its battle against perceived lack of transparency in the allocations of Petroleum products by the Petroleum Products Pricing Regulatory Agency, PPPRA.

The Nigerian Civil Aviation Authority, NCAA, has said that the reason Arik Air was chosen as the country’s first airline to be issued a new Air Operator’s Certificate, AOC, in anticipation of U.S. Federal Aviation Administration’s Category 1 rating was its ability to demonstrate that it could fly long haul routes without limitations.

EXPORTERS in the country have moved for the scrapping of Export Department in the Federal Ministry of Commerce by the Federal Government, saying it’ll enhance the performance of Nigerian Export Promotion Council (NEPC).

About one thousand ex-militants from Bayelsa State yesterday travelled to Obubura camp in Cross Rivers State to commence rehabilitation training organised by the Amnesty Committee headed by the Special Adviser to the President on Niger Delta Affairs, Mr. Timi Alaibe.

The Federal Housing Authority (FHA) has set a target of providing 106,000 housing units for Nigerians within the next four years.

Going by its experience of which the insurance industry is paying for today, National Insurance Commission (NAICOM) and the entire insurance industry are appealing to the federal government to speed up regulations on the Nigerian Local Content Act 2010.

FORMER Military President, General Ibrahim Babangida, weekend, formally declared his interest to contest for the office of the President in the 2011 general elections asserting that the Okigbo Panel Report on the $12.4 billion Gulf Oil Windfall did not indict him for any acts of financial impropriety.