Eastern Ports Rehabilitation: FG awards Escravos Channel dredging, breakwater reconstruction
As part of efforts to revitalize the Eastern ports, the Federal Government, through the Nigerian Ports Authority (NPA), has awarded the contract for the reconstruction of the dilapidated Escravos Channel at Warri Port, Delta State. Confirming the development, Mr. Ikechukwu Oyenmakara, General Manager of Corporate and Strategic Communication at the Nigerian Ports Authority, stated that […]
States insist on subsidy removal as FG, States, LGs share N611b
The federation’s dwindling monthly revenue has maintained its trend as the three tiers of government had to share only N611. 767. billion from accruals into the Federation Account and earnings from the Value Added Tax, VAT in the month of August this came just as State Commissioners of Finance again called for the removal of the fuel subsidy as a major way of addressing the paucity of funds
Power: NACCIMA calls for cancellation of fixed electricity charge
The Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA) has called for the cancellation of electricity tariff fixed charge to consumers in the country.
NIIMP: FG targets 30m jobs, 70% GDP by 2043
The Minister of National Planning Commission, NPC, Dr. Abubakar Sulaiman says the proposed implementation of the newly approved National Integrated Infrastructure Master Plan, NIIMP would generate about 30 million jobs in 30 years across all sectors of the economy.
NIM to deepen entrepreneurial, innovative skills
Nigerian Institute of Management, NIM, has announced plans to promote entrepreneurial and innovative skills among youths in the country, with its proposed industrial park.
Speaking at a press briefing to announce its forthcoming Annual Management Conference, Mr. Nelson Uwaga, President and Chairman of Council, NIM, said the park will be fashioned after the University of Cambridge model and will lead to the empowerment of large number of youths.
N10 bn refunded by NNPC shared by FG, states, LGs – FAAC
The Federation Account Allocation Committee (FAAC) on Tuesday shared N611.77 billion to the Federal, states and local governments for the month of August. Among the shared money is the N10 billion refunded to the federation account by Nigerian National Petroleum Corporation.
