Police declare port corridor ticketing, revenue collection illegal
By Godwin Oritse The Western Ports Police Command has intervened in the brewing dispute between the Committee of Maritime Transport Unions and Associations (COMTUA) and the Lagos State Trucks and Cargo Operators Committee (LASTCOC) over the proposed sale of Lagos State revenue tickets along the Apapa and Tin Can Island port corridors. The intervention followed […]
Panasonic sets up assembling plant in Nigeria
Japan based electronics giant, Panasonic has established an assembly plant in Lagos to complement its manufacturing plant in India. In a statement, Shinichi Wakita, Managing Director of Panasonic, Middle East and Africa, said the company is extending the manufacturing of its air-conditioners and TV sets to the shores of Nigeria.
Nigeria losing N80bn daily to petroleum products smuggling — NISA boss
Chairman of the Nigeria Shipowners Association, NISA, Capt. Niyi Labinjo, has said that the country is losing N80 billion daily to petroleum products smuggled into the country.
POWER OUTAGE: 10 communities in Edo lament 5 yrs of darkness
10 communities in Ovia North-East local government area of Edo State have lamented the absence of electricity in their area in the last five years.
Some of the government policies are tough on the economy
Given the current glut in the international oil market, the Chief Executive Officer, Oilserv Group, Mr. Emeka Okwuosa, thinks oil prices will slide further. He also tells journalists what his Group is doing to cope with the slump and what government can do to cushion the economic effects while also calling for the restructuring of the political system, as captured by Clara Nwachukwu. Excerpts:
FG to generate $7.5bn from grid solar energy
THE Minister of Environment Hajiya Amina Mohammed has projected that the country can generate $7, 5 billion (about N15 trillion) from of grid solar energy.
