Derivation: Host communities lost N44trn to oil states in 22 years – Hoscon
THE Chairman, Host Communities of Nigeria, Producing Oil and Gas (Hoscon), Dr. Mike Emuh, Tuesday, said, the direct payment of derivation to States denied the host communities of funds, totalling N44 trillion in the past 22 years.
Stakeholders applaud CBN’s N100bn intervention fund for health sector
By Chioma Obinna Commendations have trailed the progress made so far by the Central Bank of Nigeria’s, CBN, N100 billion Pharmaceutical Intervention Fund for COVID-19 as N93 billion of the Fund has already been disbursed to beneficiaries. The fund was part of proactive measures to cushion the impact of the pandemic on the economy. According […]
NEDC organizes one-day consultative meeting with stakeholders on stabilization, development master plan
The North East Development Commission, NEDC has on Wednesday organized a one-day Consultative meeting with representatives of Civil Society Organizations (CSOs) and the private sector on Stabilization and Development Plan, SDP in the region.
PDP: Fresh crisis as govs, NEC members rally round Secondus
…Govs, NEC members may back Secondus for 2nd term …Fayose, Oyinlola, others may contest …Talks on zoning chairmanship premature, says deputy party scribe …NWC meeting holds today to deliberate on convention planning c’ttee …As Wike, Ikwuano, PDP caucus engage in verbal warBy Dapo Akinrefon, Deputy Regional Editor, South-West, Dirisu Yakubu, Davies Iheamnachor & Steve Oko […]
COVID, macroeconomic instability dampen investmentin Nigeria — NESG CEO
By Providence Adeyinka The Chief Executive Officer, Nigerian Economic Summit Group, NESG, Mr. Laoye Jaiyeola, has said that the COVID-19 pandemic and macroeconomic instability have combined to create uncertainty in Nigeria’s investment environment. He spoke while presenting a paper titled: “The Role of the Financial Services Sector in the Economy,” during the Institute of Chartered Accountants […]
NNPC tasks NLNG on total HSE practice in all operations
By Prince Okafor The Nigerian National Petroleum Corporation, NNPC, has tasked the Nigeria Liquefied Natural Gas (NLNG) Limited, on constant Health Safety and Environment, HSE, practice in its activities. Speaking at the 2021 NLNG Health Safety and Environment (HSE) Day yesterday, The Group Managing Director, NNPC, Mele Kyari, said HSE was a critical determinant of […]
CBN threatens to arrest, prosecute abusers of naira
By Babajide Komolafe The Central Bank of Nigeria (CBN) has said it is collaborating with the Nigeria Police and other law enforcement agencies to arrest and prosecute anyone found abusing the Naira. Disclosing this in a statement, Acting Director, Corporate Communications, CBN, Osita Nwanisobi, said: “The attention of the Central Bank of Nigeria (CBN) has again […]
Headline inflation falls to 17.38% in July
As food index drops 0.80% By Elizabeth Adegbesan Headline inflation fell for the fourth consecutive months to 17.38 percent in July, 2021, representing a 0.37 percentage points when compared to 17.75 per cent recorded in the previous month of June. Similarly, the food index fell by 0.80 percent to 21.03 per cent from 21.83 per cent […]
Gov Emmanuel pays tribute to Gen IBB at 80
…Says Ex Military President combines charter with charisma Akwa Ibom State Governor, Mr Udom Emmanuel has described former Military President, Gen. Ibrahim Babangida as a leader who has effortlessly combined character with charisma in his leadership and a leader with a Pan-Nigeria disposition. The Governor who made these remarks at Minna during the birthday celebration […]
NMA felicitates Babangida at 80
The President of the Nigerian Medical Association, NMA, Professor Innocent Ujah, has praised the former military president and Elder Statesman, General Ibrahim Badamosi Babangida, on the momentous occasion of his 80th birthday describing him as a quintessential leader.
Global Banking Awards: CITITRUST bags three awards
By Prince Okafor Pan African diversified investment Holding Company, CITITRUST, has won a trio of honours courtesy of the prestigious awarding body Global Banking & Finance Awards The investment holding company was awarded Best Financial Services Group Nigeria 2021, Decade of Excellence Holding Group Nigeria 2021, and Most Innovative Holding Group Nigeria 2021 by the […]
Mending broken dreams and igniting hopes: Dion Osagie’s exceptionalism
afford the basics. Many of the poor are stricken by various illnesses compounded by late detection and poor treatment.
Of great empathy and remarkable selflessness: Adetutu Owolabi’s uplifting of the poor
It’s easy to see how anyone who makes it out of Nigeria to greener pastures, particularly one as lush and inclusive as the United States of America, might relegate or entirely banish thoughts of home to focus on building roots in their new abode.
Igboho and Nigeria’s shaky unity
By Ladesope Ladelokun IF there is one thing that has again advertised Nigeria as a dangerously fragile country, it is the fallout of the eviction notice issued to herders to leave Igangan community in Ibarapa North Local Government Area of Oyo State by the Akoni Oodua of Yorubaland, Sunday Adeyemo, otherwise known as Sunday Igboho. […]
Derivation: Host communities lost N44trn in 22 years—HOSCON
By Udeme Akpan THE CHAIRMAN, Host Communities of Nigeria, Producing Oil and Gas (Hoscon), Dr. Mike Emuh, Tuesday, said, the direct payment of derivation to States denied the host communities of funds, totalling N44 trillion in the past 22 years. He said it was the non-payment to the communities that accounted for the underdevelopment of […]
Oshodi residents laud lawmaker on infrastructural development
Residents of Oshodi- Isolo constituency 1, in Lagos, have lauded the activities of the lawmaker representing their constituency at the Lagos State House of Assembly, Olusola Sokunle describing as a giant stride.
