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NECA, NLC sing discordant tunes on planned sale of refineries

NECA, NLC sing discordant tunes on planned sale of refineries

NIGERIA Employers’ Consultative Association, NECA, and Nigeria Labour Congress, NLC weekend sang discordant tunes over the Federal Government planned sale of nation’s refineries with NECA urging the Government to take a decisive stance on the sale of the refineries, NLC on its part threatened to shut down the country should government go ahead to privatise the refineries.

Agip oil spill: Reps set up adhoc c’ttee

Agip oil spill: Reps set up adhoc c’ttee

THE House of Representatives Committee on Environment has set up an ad hoc committee to fashion out ways and means to determine how much the Nigerian Agip Oil Company, NAOC, should pay as compensation for an oil spill that occurred in Ndokwa East Local Government of Delta State in October, 2012.

NB Golden Pen award holds in June

NB Golden Pen award holds in June

Corporate Affairs Adviser to Nigerian Breweries, NB Plc, Mr. Kufre Ekanem, said the entries for the award billed for June, commenced Friday, March 27.

Breaking the Nigerian poverty cycle through entrepreneurial revolution Part 1

Breaking the Nigerian poverty cycle through entrepreneurial revolution Part 1

Nigeria is a country of absurd economic realities. The 13th largest crude oil producer in the world and the second largest economy in Africa earn an estimated $2.2 million a day in oil revenue. Yet, its GDP per capita, at just over $1,400, is among the lowest for the continent and 54 per cent of its 148 million people live on less than $1 per day. The figures are especially shocking because of the abundance of natural resources primarily oil and natural gas, and massive agricultural potential based on its climate and significant rural population.

Revisiting rescued banks’ grant of waivers to billionaires: What redress is possible?

Revisiting rescued banks’ grant of waivers to billionaires: What redress is possible?

When in August 2009 Sanusi Lamido Sanusi intervened in five troubled banks in the country; many saw it as a rescue mission. But I saw it differently. I whole-heartedly supported Sanusi cleaning up the toxic assets in the industry. Beyond that, I disapproved of his taking over of some banks that were still liquid at the time of the intervention. Sanusi did not separate the individuals from the institutions.

I have forgiven Atiku, others – Obasanjo

I have forgiven Atiku, others – Obasanjo

Former President Olusegun Obasanjo, yesterday, reacted to the request of Northern Youth Leaders Forum, NLYF, to forgive his estranged former Vice-President, Alhaji Atiku Abubakar, saying; “I have forgiven him.”