FG, states shared N6.21trn from Excess Crude Account in four years
The federal and state governments shared a total of N 6. 21 trillion from the Excess Crude Account in the last four years.
According to a report by the Federal Ministry of Finance, yesterday, the Federal Government’s share from the ECA during the period was N3.29 trillion while the 36 states received a total of N2.92 trillion
Emerhor remains APC prime financier in Delta —APC chieftains
All Progressives Congress, APC, chieftain in Delta State, Jesutega Onokpasa, has backed up assertions by former member of the House of Representatives, Hon. Solomon Edojah, claiming that APC governorship candidate for Delta, Olorogun O’tega Emerhor, “remains the chief financier and motivator of the party in the state.
Century Group unveils solutions to managing declining oil prices
Century Group (CG), a global consortium actively involved in oil and gas sector in the Nigerian and West African sub region has unveiled two strategic solutions aimed at helping oil and gas operators maximise their resources and sustain profitability even in the face of the crisis occasioned by the fall in oil prices.
EPZ: We’re no appendage to Ugborodo, says Kpokpo community
THE Olare-Aja (oldest man) of Kpokpo has denied media reports credited to him claimng that the Itsekiri community in Warri South West Local Government Area, Delta State, is an appendage to Ugborodu community and not under the headship of an Olare-Aja.
AIG-Express targets 100, 000 jobs across Africa
A joint e-commerce logistics initiative, AIG Express, launched recently by Rocket Internet backed online retailer, Jumia.com and online marketplace, Kaymu.com wants to create about 100, 000 jobs across the different countries they operate in across Africa. The new service which aims to highlight an emerging ecosystem of jobs in e-commerce will also focus on operations management and infrastructure development.
We generated N36bn revenue in 2014—TICO
Despite Airlines’ Zero Commission policy in the aviation market, Travel Investment Company Limited, TICO, generated N36 billion revenue in business transaction in 2014. This was possible because the company has been able to “ shift from a commission-revenue model to service-fee model”.
