Fourth term member of the Lagos State House of Assembly and representative of Agege Constituency 1, Mudashiru Obasa, was yesterday elected as the Speaker for the eighth Assembly.

THE leadership of National Union of Textile, Garment and Tailoring Workers of Nigeria, NUTGTWN, and aggrieved workers, yesterday in Lagos, picketed and crippled operations of the Nigerian Ropes Plc over N47 million allegedly owed its workers and non-remittance of some deductions, including pensions.

National Centre for Disease Control in Nigeria and World Health Organisation have called on National Agency for Food and Drugs Administration and Control, NAFDAC, to conduct an investigation into the 38 persons that died after drinking ogogoro ( local gin) in Ondo and Rivers states.

“That project, once it’s been finalized, could be more than $2 billion in terms of investment,” he said in an interview at the World Economic Forum in Cape Town on Friday. “Hopefully we can start some time this year. It will provide capacity, not only for containers, but also for oil, break-bulk and offshore.” Maersk employs almost 10,000 people in more than 40 African nations and generates about 10 percent of its sales in and around the continent.

“We need to find a situation where the joint-venture partners sit down and agree on what percentage of production should be dedicated on operation and capital expenditures,” Orjiako said. “That way you ensure that growth in the industry is guaranteed, that the production will increase, that the reserves will be increased and that there will be room for exploration activities as well,”