How Boko Haram destroyed Galda, Fika

Boko Haram Islamists raided two towns in northeastern Nigeria, torching public buildings and looting food and fuel stores, residents and a police officer told AFP on Sunday
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Subsidy removal’ll reduce pressure on Naira — FDC

Analysts at the Financial Derivatives Company Limited have expressed support for the removal of fuel subsidy saying it would reduce the pressure of the exchange rate of the naira and lead to long term appreciation of the national currency. “More importantly, because there is an inflated import bill due to the subsidy scam, subsidy removal will reduce the pressure on the currency and the naira will appreciate in the medium term”, they said in the FDC Economic Bulletin issued last week.

Police arrest suspected rapists of 6-year-old

BENIN—Police in Benin have arrested two of the three persons alleged to have raped a 6-year-old girl at a primary school in the city. Police at Aideyan disclosed that they were on the trail of one of the suspects, while the two arrested suspects were currently in detention.

Buhari’ll save Nigeria from decay, says senator-elect

Edo North senator-elect, Major Francis Alimikhena (rtd), has expressed optimism that President Muhammadu Buhari has the capacity to pull the nation out of the current rust and decay which the country has found itself.

Desire to be on my own made me quit my job —Ogunrinde

After his one year compulsory service to fatherland, Mr Olusina Ogunrinde worked in the banking industry for some years before voluntarily retiring in February 1998 to start his own business. “So many factors made me leave paid employment, one of which was the urge to be on my own in good time. I started Trustmark Communications properly on May 1, 1998 in a room and parlour apartment at Onipanu Lagos. Before this time, while still in the banking industry, I was already doing advertising; my friends were helping me.

We dismantle stolen cars, sell to spare parts dealers— suspect

LAGOS—Operatives of the Special Anti-Robbery Squad, SARS, Lagos State Police Command, have arrested a member of a four-man armed robbery gang, which specialises in snatching vehicles at gunpoint in Lagos and its environs. The police also recovered two unregistered vehicles, a Toyota Camry and a Sienna, as well as an AK-47 rifle and 73 rounds of live ammunition loaded in six magazines.

We train for job creation — ITF

The Industrial Training Fund (ITF) has said it’s training programme is for job creation across sectors of the economy. Director-General, ITF, Mrs. Juliet Chukkas-Onaeko, made the disclosure at the graduation ceremony of the inaugural set of Automobile Technicians trained by Truck Masters Nigeria Ltd, under the ITF-NECA Technical Skills Development Project (TSDP).

Why Nigeria does not have national carrier — Chidoka

The out-going Minister of Aviation, Chief Osita Chidoka has revealed why he could not midwife a national carrier for Nigeria before the expiration of his tenure, just as he identified and explained some of the problems bedeviling the Aviation ministry and its parastatals. Chidoka, while presenting his aviation score card to stakeholders in Lagos, said that none of the domestic airlines currently operating domestic flights in the country can become a national carrier because they are privately owned, adding that a national carrier must have a diverse ownership structure .

Iran holds first trade exhibition in Nigeria

In furtherance of the Memorandum of Understanding (MoU) signed during the Nigeria Iran Joint Commission, the Islamic Republic of Iran will hold its first trade exhibition in Lagos Nigeria this month. Tagged First Iran Solo Exhibition in Nigeria, the exhibition will hold at the Landmark Center, Lekki, Lagos State, from Tuesday June 9th to Thursday June 11th.

Old wine in new skin?

PRESIDENT Muhammadu Buhari is the second returnee president of Nigeria. The first man to experience this uncommon opportunity was former President Olusegun Obasanjo. He came in with two major mindsets, which helped in no small measure in rendering his second coming as a great waste.

Amnesty: December termination date draws ire of N-Delta youths, ex-militants

The December deadline set by President Muhammadu Buhari for the termination of the presidential amnesty programme for ex- militants in the Niger Delta has drawn the ire of Niger Delta youths and former militants, with the Ijaw Youth Council, IYC, and ex-militants under the aegis of Third Phase Amnesty, faulting the deadline.

Insurgency: How NEMA is coping with IDPs

THE recent successes of the military in the liberation of communities that were occupied by insurgents opened a new vista in the drive to support the people that were directly affected by the insecurity in the North eastern states of Borno, Adamawa and Yobe. Since 2009 following the escalation of the belligerence by Boko Haram, many lives have been lost, communities sacked and destroyed resulting in the fleeing of the residents to safety in various location considered safer, thus becoming internally displaced persons (IDPs).

We’re committed to FG’s local content initiative

We support the Federal Government’s initiative on local content. About 90 per cent of our raw materials are sourced locally. We want to further increase our local content and support the Federal Government’s initiative to grow the agricultural sector. FrieslandCampina WAMCO pioneered the Dairy Development Programme (DDP) in August 2010.

Attract more FDI into the country, NBCC urges Buhari

“To develop a sound business environment, there is a need for formalised process to evaluate these business conditions. Such evaluations require input from bilateral member organisations such as the NBCC to provide industry and investor feedback to allow the continuous adaptation to changing economic conditions”

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