Ebola threatens West Africa GDP as companies slow production
THE world’s worst-ever outbreak of ebola will inflict economic damage on the West African countries of Guinea, Liberia and Sierra Leone as companies from Sime Darby Bhd to ArcelorMittal scale back operations. Commercial and transport disruptions that will probably last for at least the next month, along with increased health expenditure, may put pressure on budgets, jeopardising the nations’ economic growth, Matt Robinson, a senior credit officer at Moody’s Investors Service, said in a report.
Nigeria missing from global coal output
Despite the enormous deposits of coal in the country, Nigeria is not yet reckoned with in the global coal production and consumption, as the Statistical Review of World Energy 2014, made no mention of the country’s coal potential.
2016 Olympics: Navy, NOC join forces on ‘One-Service-One-Medal’ project
The Nigerian Navy has expressed its readiness to collaborate with the Nigeria Olympics Committee (NOC) in grooming the country’s athletes through sponsorship of training to ensure optimum performance during the 2016 Olympic Games in Brazil.
Rep faults ‘militarisation’ of elections
HOUSE of Representatives Minority Whip, Mr. Samson Osagie, has condemned what he called the militarisation of elections in the country by President Goodluck Jonathan-led Peoples Democratic Party, PDP, government, noting that the practice will not only lead to voters’ apathy, but that same lacks constitutional and legal backing.
EFCC recovers N5bn oil subsidy fund
ABUJA — The Economic and Financial Crimes Commission, EFCC, says it has so far recovered about N5 billion from persons and organisations indicted in the fuel subsidy scam.
Anambra NMA wants doctors out of Ebola control c’ttee
Anambra State chapter of Nigerian Medical Association, NMA, has advised chief medical directors and medical directors in the state to withdraw their membership of the committee set up on Ebola virus control, if the Government failed to rescind last weekend’s sack of resident doctors.
