Hon. Helen Grant, United Kingdom Trade Envoy to Nigeria, has said that Nigeria was the fastest growing economy in Africa. Grant said this at the two-day Nigerian Diaspora Investment Summit (NDIS) organised by Nigerian in Diaspora Commission (NiDCOM), in collaboration with Nigeria Diaspora Summit Initiative (NDSI). The activity, which is the third edition, began on Nov. 20 and will end on Saturday, Nov. 21. It has the theme: “Post-COVID-19 Economic Resurgence: Targeting Diaspora Investment”. She said that her government was ready to educate, and also learn from, Nigeria by enhancing the bilateral trade between both countries. She added that UK…
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A Senior Advocate of Nigeria (SAN), Dr Olisa Agbakoba, has said that for Nigeria to experience rapid economic growth there is the need for some agencies of the Federal Government to come together and harness their potentials. “I like to see agencies such as the Nigerian National Petroleum Corporation (NNPC) and the Nigerian Maritime and Safety Agency (NIMASA) come together with the Minister of Finance, to review how far we can harness our resources, ‘’ he said. He said the harnessing of potentials and resources could be done under the auspices of the Office of the Vice President which, according…
The Special Military Task Force, Operation Safe Haven (OPSH), in Plateau has arrested 27 suspected cult members operating in various communities in Jos North local government area of the state. Maj.-Gen. Chukwuemeka Okonkwo, the Commander of the task force, said this while speaking with newsmen on Saturday in Jos. Okonkwo said that the arrest followed raids by troops from Nov. 17 to Nov. 20 in communities in the area. He said that the suspects -21 males and six females, were arrested in Apata, Jenta Adamu and Jenta Miango communities in the area. Okonkwo said that the arrest was in continuation…
The Nigerian Army deployed no fewer than seven military trucks to the Lekki Tollgate on the evening of October 20, when unarmed #EndSARS protesters were allegedly shot by the military. This was revealed by CCTV footage of the incident which was played by the Lagos State Judicial Panel of Inquiry for Restitution for Victims of SARS Related Abuses and Other Matters. The footage was played on Saturday prior to the cross-examination of Brig.-Gen. Ahmed Taiwo, Commander of the 81 Division, Military Intelligence Brigade, Victoria Island. The footage was played before a packed audience at the panel, and the timestamp in…
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, said that President Muhammadu Buhari never interfered in the opetations of the Corporation. Kyari disclosed this at a media interactive with National Association of Energy Correspondents in Abuja, on Friday. He said that the corporation had the full support of the president to operate effectively for the growth of the industry, ” I can tell you that the privledge we have today in this company of having unfettered control without any distraction or inteference to make decisions and be accountable and responsible for our decisions has…
The Lagos State House of Assembly has promised to include compensations to EndSARS victims in the state’s 202 Budget currently before the House. The Chairman, House Ad Hoc Committee on the Victims of Aftermath of the EndSARS protest in the state, Mr Wasiu Eshinlokun-Sanni, disclosed this at the end of its three-day public hearing on Friday in Lagos. The Speaker, Mudashiru Obasa, had on Oct. 26, constituted a nine-member committee to investigate the level of destruction of property and loss of lives as well as to determine compensation for the victims. Eshinlokun-Sanni, who is also the Deputy Speaker, assured protesters…
Mr Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC) says he is optimistic that the corporation will declare dividends in 2020 in spite of the challenges posed by the COVID-19 pandemic. Kyari spoke at an interactive session with the National Association of Energy Correspondents (NAEC) in Abuja on Friday. “Our vision is that NNPC will become a company of excellence and declare dividends to Nigerians and shareholders. “We are optimistic that at the end of 2020, NNPC will declare dividends to Nigerians in spite of the impact of the COVID-19 pandemic.” Kyari said that accountability and transparency were…
The Federal Government has agreed to pay the Academic Staff Union of Universities (ASUU) on a different mode of payment other than the Integrated Payroll and Personnel Information System (IPPIS). Sen. Chris Ngige, Minister of Labour and Employment said this when addressing newsmen at the end of a closed door meeting with ASUU leadership on Friday in Abuja. Ngige said that the government would look into the issue of “No-work-no-pay” sanctioned by the government with a view of approving the payment of the withheld salaries. “The meeting has agreed that the mode of payment applied for the payment of those…
The Minister of Transportation, Rotimi Amaechi has met his West and Central Africa counterparts to deliberate on the establishment of a Maritime bank, according to a statement by his Media Assistant, Taiye Elebiyo-Edeni. Amaechi and the Ministers met in Lagos on Friday at a one-day conference of Ministers of Transportation, under the auspices of the Maritime Organization for West and Central Africa (MOWCA), the statement said. The minister said that the establishment of the bank had become imperative for maritime development in the region, stressing that Nigeria will make her financial contributions as soon as other countries paid up, especially…
Minister of Transportation Rotimi Amaechi has said that all equipment needed for the Deep Blue Project would be ready by March 2021. Amaechi said this on Friday while inspecting the equipment purchased for the Deep Blue Project at Naval Base Ojo in Lagos. The Deep Blue Project is a NIMASA initiative aimed at the prevention of illegal activities in the Maritime domain. He said that most of the equipment needed are on ground except for Aircraft and helicopters. “Only the helicopter and plane is not ready but the rest are on ground, training has started. Hopefully, before March 2021 everything…