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Banks have refused entrepreneurs access to FADAN/BOI loans  –  Ezenwa

Banks have refused entrepreneurs access to FADAN/BOI loans – Ezenwa

The banks have been given opportunities to create wealth for the private sector but they have not been doing so. They have what they call SMIES which they use to reserve 10% of their earnings for the private sector but how many people have accessed that? I dare say the fund is not there for entrepreneurs to even access, not to mention the conditionality. People should investigate properly.

Thriving oil theft: Why no end in sight

Thriving oil theft: Why no end in sight

IN a determined bid to carry out the Federal Government’s order to put crude oil thieves out of business the military, particularly the Navy, has since intensified its offensives to locate and to destroy all equipment or products belonging to illicit refinery operators caught in the act. In the Central Naval Command, CNC, hub of Nigeria’s oil/gas production and highest with records of oil thefts, hardly a week passes without the Navy torching large wooden boats laden with volumes of stolen crude as well as locally fabricated refining machinery and thousands of litres of refined products, mostly diesel abandoned by the clandestine operators.

Abandoned N11bn Regeneration Plan: Why Apapa gridlock will persist

Abandoned N11bn Regeneration Plan: Why Apapa gridlock will persist

Three years after the Apapa regeneration plan was drawn, the project estimated to gulp N11 billion has failed to see the light of the day, inspite of several efforts to achieve the dream. The Federal Government has been under attack over Apapa Port and Oshodi- Apapa Expressway gridlock by stakeholders including Lagos state government over failure to keep to an earlier partnership agreement with the state government on the regeneration project of Apapa axis, estimated to cost N11 billion.

Deception is corruption

Deception is corruption

LAI Mohammed, APC National Publicity Secretary, is one of President Buhari’s ministerial nominees. When he appeared for screening before the Senate, Senator Godswill Akpabio made a wry observation. He said: “If I know (Lai Mohammed) very well, he may have one or two propaganda to drop before he leaves here.” His Senate colleagues burst into laughter because they understood what he meant.

Arewa’s songs of conquest (2)

Arewa’s songs of conquest (2)

THESE folks lack any institutional memory to even understand the subtlety of those they are engaged in power game with. They are in a game whose rules of engagement they don’t have the faintest idea of.