The federal government has raised the alarm on the rising demand for beef in the country, vis-a-vis its availability, saying the gap could lead to the scarcity of beef and dairy products in the country. The outlook was given by the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, at a meeting with members […]
Month: August 2017
WACOT, Kebbi boost FG’s food security initiative
The food sufficiency goal of the Federal Government is receiving a major boost in Kebbi State through the collaboration between WACOT Rice Limited and the Kebbi State government. The food sufficiency journey started some time in June 2016, when President Muhammadu Buhari announced in a Ramadan meeting with members of the business community that his […]
LASG to launch 300 new CodeLagos centres
Lagos State Governor, Mr. Akinwunmi Ambode has approved the implementation of the second phase of the CodeLagos Project, which will be launched in September 2017. The approval is coming on the heels of the successful implementation of the pilot phase of the project which has trained 5,464 students of primary and secondary schools across the […]
Alakija, Edwards, others unveil Africa Cinematography Festival
Efforts towards achieving a global status for the Nigerian film industry has been given a huge boost with the recent unveiling in Lagos of the Africa Cinematography Festival of Training Workshops, Conference and Film Technology Expo, a platform which focuses primarily on capacity-building for budding and professional players. Nigerian entrepreneur and founding Grand Matron, Africa […]
Hackers offered $250,000 to delay data release
Time Warner Inc’s (TWX.N) HBO network last month offered $250,000 to cyber criminals who hacked into its computer system, asking them to extend a deadline for paying a much larger ransom, according to an email reviewed by Reuters. “You have the advantage of having surprised us,” a member of HBO’s technology team said in the […]
Copious rainfall will boost agricultural yield in 2017–NMetS
Prof. Clement Akosile, the President of Nigerian Meterological Society (NMetS), says the copious rainfall so far recorded across the country will boost agricultural yield this year. He said this in an interview with News Agency of Nigeria (NAN) in Lagos on Friday. He said that as of now, there was nothing significantly different from the […]
Tax incentives alone won’t attract investors–Expert
Mr. Taiwo Oyedele, a tax expert, says only tax incentives to industries without addressing other challenges will not bring about the desired economic growth in Nigeria. Oyedele, Head, Tax and Regulatory Services at PricewaterhouseCoopers (PwC), made the assertion in an interview with the News Agency of Nigeria in Lagos, yesterday. He said that the task […]
Paris fund: Imoke, Ayade fight over consultancy charges
A former Governor of Cross River State, Sen. Liyel Imoke, and his successor, Gov. Ben Ayade, have been locked in a serious crisis over a purported 20 percent consultancy fee to be paid from the Paris Club Funds recently refunded to states by the Federal Government, investigations revealed on Friday in Abuja. And according to […]
NPA bans accepting of gifts, souvenirs
Nigerian Ports Authority, NPA, has banned its officials from collecting and accepting gift items and souvenirs from vessel crew members whenever they board vessels for official purposes. In the minutes of meeting of the Ports Facility Security Officers, PFSO, Forum, NPA’s Assistant General Manager, Security, Mr. Mohammed Khalni, said that the purpose was to reduce […]
FEC approves $3bn bonds to refinance loans
The Federal Executive Council (FEC) presided over by Acting President, Yemi Osinbajo, has approved plans to issue $3 billion (about N900 billion) worth of bonds to refinance maturing government treasury bills. The plan, which will soon go to the National Assembly for approval is meant to cut cost and extend debts maturity as well as […]