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The ups and downs of Oduah’s tenure

The ups and downs of Oduah’s tenure

Mixed reactions from aviation stakeholders and others have greeted the removal of Princess Stella Oduah as the Minister of Aviation. She was sworn in on July 2, 2011 and deployed as Minister of Aviation on July 4th. She was last Wednesday relieved of her post alongside the Minister of the Niger Delta, Godsday Orubebe, Minister of Police Affairs, Chris Olukolade and the Minister of State for Finance, Yerima Ngama.

Nigeria spends N1.2trn on vehicle imports

Nigeria spends N1.2trn on vehicle imports

Nigeria spent a total of N1.2 trillion on importation of vehicles last year. A break down of the figure showed that N550 billion was spent on importation of cars, buses and trucks.

At 80, I do not regret any of my decisions or actions

At 80, I do not regret any of my decisions or actions

C ome March 9th 2014, Otunba (Dr). Michael Olasubomi Michael Balogun will be 80 years on planet earth. At 80, most mortals look frail and sometimes senile, hardly able to piece words together. But talking to Otunba Balogun shows he has the presence of mind of a 60-year-old. He is agile, strong and reads without aid.

Is MAN in support of waivers?

Is MAN in support of waivers?

There was general public optimism when Dr. Ngozi Okonjo-Iweala, returned for a second term as the Finance Minister and also Coordinating Minister of the Economy, and promised that there will be strict discipline in granting imports duty waivers during her tenure.

Electricity: Power plants in 1bn SCF gas shortfall

Electricity: Power plants in 1bn SCF gas shortfall

THERE are indications that about 1 billion standard cubic feet (SCF) of gas shortfall may stall the early realisation of constant power in Nigeria, as stakeholders in the energy industry have said that it will take at least five years before uninterrupted power supply could be achieved.

Jonathan intensifies consultations in South West

Jonathan intensifies consultations in South West

President Goodluck Jonathan yesterday continued consultations on his political direction in Lagos in meetings with stakeholders and solicitations for prayers for the country from religious leaders.

Nigeria’s economy too big to be ignored — GROHE chief

Nigeria’s economy too big to be ignored — GROHE chief

GROHE Group is the world’s leading provider of premium bath faucets and showers, kitchen mixers, thermostats and installation systems, with consolidated annual sales of €1.4 billion (Euro) in 2012. The German company formally berthed in Nigeria with public presentation of in Lagos, last week, to an audience that included journalists, architects, home designers, fashionistas and interior decorators.

New pension scheme still undersubscribed — Akande

New pension scheme still undersubscribed — Akande

Executive Director, Operations and Services of Premium Pension Limited, Mr. Kayode Akande, has said that the new pension scheme is still undersubscribed with only about six million subscribers considering the fact that about sixty million Nigerians have one form of employment or another.