Nigeria realised N400bn from electricity privatisation
Mr. Atedo Peterside has been a banker all his life; although now a retired banker of repute, but still the Chairman, Stanbic IBTC Bank Plc. However, in this interview, the focus is not on the financial services sector, but his headship of the Technical Committee of the National Council on Privatisation, NCP. The Council just concluded the largest privatisation transaction in Nigeria’s history with the sale of 15 power companies unbundled from the Power Holding Company of Nigeria, PHCN, to private investors. Despite this success, there are still some issues leading to when Nigerians will begin to experience uninterrupted power, which Peterside clarifies. Excerpts:
Breakaway PDP can’t thrive in Kwara, says Gov Ahmed
Governor Abdulfatah Ahmed of Kwara yesterday said the breakaway Peoples Democratic Party, PDP would not thrive in the state.
Compliance level of importers in ETLS encouraging – Compt. Dosunmu
WITH the smuggling activities in the Idiroko border reducing to the barest minimum as a result of dedication, consistency and lack of compromise by the Customs men on the road, the Area Comptroller Ogun State command, Prince Ade Dosunmu in this interview with Customs Watch discussed a number of industry issues especially the compliance level of importers in ECOWAS Trade Liberalization Scheme (ETLS) which he admitted has been encouraging.
Money laundering: FG begins assessment of financial sector
The Federal Government has commenced an assessment of the financial sector to determine the threats and vulnerabilities of the country to money laundering and terrorism financing.
Depression, epilepsy, psychosis for treatment at PHCs in Lagos
Patients suffering from depression,epilepsy and psychosis will soon have access to treatment at the primary healthcare, PHC, level in Lagos, if a new project initiated by Mental Health in Primary Care (MeHPriC),through grants from Grand Challenges Canada (GCC) is anything to go by.
Contractors panic as NDDC tours projects
The newly appointed Acting Managing Director, Niger Delta Development Commission, Mrs. Chris Atako, has put contractors on their toes, as she expressed disapproval with the quality of some of the jobs being done.
BKG plans big for 15th Abuja motor show
The organiser of Abuja annual motor show, BKG Exhibitions has said that it is planning big for this year’s Abuja Motor Show, slated to hold from October 22 to 30, 2013, at the Eagle Square.
Customs arrest Mali, Guinea nationals for smuggling
THE Nigeria Customs Service (NCS) has arrested a Malian and two Guinea nationals, who attempted to smuggle 17 wraps of elephant tusks, hand bangles and other ivory products into the country.
Mercedes-Benz Sprinter, van with luxury car characteristics
Sprinter, this name ordinarily should have been given to a fast road going car but Mercedes-Benz has chosen to give it to a van. Certainly, Mercedes Benz must have its reason for the name.
Hadassah Healing Foundation empowers 500 indigent women
NO less than 500 women in Lagos have acquired vocational and other life empowerment skills free of charge, courtesy of a community outreach programme put together by the Hadassah Healing Foundation.
Toby praises Abe’s functions at Senate
Former Rivers State Deputy Governor, Sir Gabriel Toby, has said that the people of Rivers South-East appreciate the quality of representation Senator Magnus Abe has provided them in the National Assembly.
