Governor Akinwunmi Ambode has terminated a Memorandum of Understanding (MoU) with a consortium of firms to build the 4th Mainland Bridge at the cost of N844 billion. The MoU for the 36 km bridge, which two past administrations had promised to do, was signed on 25 May, 2016. The project was to be financed by […]
Governor Ayo Fayose of Ekiti has said that he was not bothered by the ongoing strike by petrol dealers in the state as he vowed to demolish the stations in residential areas. The governor spoke during his monthly public enlightenment programme, “Meet Your Governor in Ado Ekiti. He said he would not rescind his decision […]
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), in collaboration with the Industrial Training Fund (ITF) will on Tuesday May 23, 2017, kick- start the second phase of its National Industrial Skills Development Programme (NISDP) under its National Enterprises Development Programme ( NEDEP) training in 18 states of the federation. A statement issued […]
The three tiers of government shared over N1.4 trillion during the first quarter of the year, official data has shown. The Federal Government got N549.1 billion or 52 percent of the total according to the revenue sharing formula. The 36 states earned N359.18 billion (26.72 per cent) and the 774 Local governments got N269.42 billion […]
Chairman of Zinox Group, Dr. Leo Stan Ekeh, has commended the Federal Government on the recent signing of an Executive Order compelling its agencies to buy Made-in-Nigeria goods and services, noting that the move will go a long way in boosting indigenous businesses and the local content drive in Nigeria. The order, which was signed […]
The Presidency has promised to vigorously implement the new executive orders in its determination to significantly transform the business environment in the country. The spokesman to the Acting President, Prof. Yemi Osinbajo, Mr Laolu Akande, made this known in a statement he issued on Sunday to give update on the new orders signed last Thursday. […]
Bulgarian law enforcement authorities have seized 423 kg of heroin at Danube Bridge checkpoint near Vidin at the border with Romania, officials said in Sofia on Sunday. Georgi Kostov, Director General of the National Customs Agency, said at a press conference that the illicit drug, split into 400 packets, was discovered on Saturday morning in […]
Ogun Command of Nigeria Customs Service, NCS, has intercepted expired imported Croaker fish, loaded in two buses from the creeks at Idiroko, the border between Nigeria and Republic of Benin. The Command also seized a Mercedes Benz 2015 model S550, a Toyota Corolla 2009 model, Volvo truck and 483 bags of foreign rice along the […]
Kaduna State Internal Revenue Service (KDRIS) has said that it has obtained a court order to seal off the premises of Kaduna Electric and five other companies over failure to pay tax amounting to N216,367,453.64. The Executive Chairman of KDIRS, Muktar Ahmed, made this known during a press briefing on Saturday in Kaduna and explained […]
The Chartered Institute of Bankers of Nigeria (CIBN) says its Ethics and Professionalism Division received 136 petitions with claims that amounted to N27.6 billion from bank customers in 2016. The institute made this known in its 2016 Annual Reports and Accounts signed by the Registrar, Mr Seye Awojobi. The report was released on Saturday in […]