The Federal government has been advised to embark on thorough verification of data of investment of foreign investors in the country to further ascertain the investment status of foreigners for proper planning. This is contained a statement issued on Monday by a Kaduna based Non-Governmental Organization, Arewa Progressive Alliance, (APA), National Coordinator, Tijani Ahmad Girei on Tuesday. According to the statement, news making the round about a $1.5bn steel plant, which is nearing completion in Kaduna state, owned by African Industries Group under the African Natural Resources and Mines group, is mischievous and misleading. The report which was published in…
Author: Editor
The Federal government says it may consider the plea by some states for the extension of the registration time for the payroll support system to enable some states meet their quota. This is as the government plans to pay over 400,000 staff of already shortlisted businesses by the end of October. The Special Assistant to the President on Micro Small and Medium Enterprises (MSMEs), Mr Tola Johnson, disclosed this in Abuja on Monday. He said that since the closure of the portal on Oct. 15, many states have sent in their appeal for extension. Johnson, who is also the Project…
The Federal Government has solicited the support and contributions of Nigerians in the Diaspora on the implementation of the country’s vision 2025. Mr Clement Agba, the Minister of State for Finance, Budget and National Planning said this on Monday in Abuja during the webinar meeting with Nigerians in the Diaspora. He said that the country had been implementing the the Economic Recovery and Growth Plan (ERGP) 2017 to 2020 and Nigeria Vision 20:2020 (NV20:2020) as its medium and perspective plans respectively. Agba said that coincidentally both plans would terminate in December 2020. “The three-tiers of government need to collectively develop…
Central Bank of Nigeria (CBN) has released its framework for National Mass Metering Programme (NMMP). The framework was released by the Development Financing department of the apex bank through its official website on Monday. It stated that introduction of the Service-Based Tariff (SBT) in the Nigeria Electricity Supply Industry (NESI) effective Sept. 1, had put increased emphasis on the need to close the metering gap in the NESI. “Closing this gap will enhance efficiency of revenue collection by Distribution Companies (DisCos) and thereby facilitate meeting their obligations to other upstream market participants. “According to analysis provided by Nigeria Electricity Regulatory…
The Nigerian Institute of Medical Research (NIMR), in collaboration with InstitutMerieux, a French Company, have awarded Dr Emelda Chukwu as first ever Young Investigative Award in West Africa. The institute, in its twitter handle on Monday, said Chukwu, a Biomedical Researcher, is working in the Microbiology Department. According to the institute, the award comes with a support of 10,000 Euros for young research investigators. “InstitutMerieux, in collaboration with NIMR awarded the first ever Young Investigative Award in West Africa, to Dr Emelda E. Chukwu of the Microbiology Department, NIMR. “The award comes with a support of 10,000 Euros for Young Investigators…
The Lagos State Government has directed all pupils/students in public and private schools to stay at home following the tension generated by the anti- SARS protests. Commissioner for Education, Mrs Folasade Adefisayo, who issued the directive on Monday, said the safety of the pupils/students, parents and all staff working in schools was paramount at this critical period. She, however, advised parents to keep an eye on their wards and not allow them to be used as willing tools in the hands of those who might want to hijack the protests to unleash mayhem on the society. The commissioner also encouraged…
The Edo state government has declared indefinite 24-hour curfew to curtail violent #EndSARS protests that have rocked the state. AshNews earlier reported that banks close to business in fear of possible escalation of destructive protests by the youths. Secretary to the State Government, Osarodion Ogie, announced this in a statement on Monday that the curfew is to take effect from 4pm, October 19, 2020. “This decision has become necessary because of the very disturbing incidents of vandalism and attacks on private individuals and institutions by hoodlums in the guise of #ENDSARS protesters. “While the government of Edo State respects the…
President Muhammad Buhari has approved the removal of the Board Chairman of the Nigerian Copyright Commission (NCC), Mr Tonye Jaja. The board was inaugurated on July 12, 2019 by the Minister of Justice, Abubakar Malami, SAN. A letter to by the Solicitor-General, Dr Dayo Akpata, SAN dated October 15, said Jaja’s removal is with immediate effect. The sacked board Chairman, was directed to handover all property of the commission to the Director General, John Asien. “Wishing you success in your future endeavours. Please accept the assurances of warn regards and best regards,” the letter reads. No reason was given for…
The Minister of State for Industry, Trade and Investment, Ambassador Mariam Katagum says Federal government is taking steps toward boosting non-oil sector to broaden the scope of its economic diversification programme. She said in an interview on Monday in Abuja, that since there is a positive long run relationship between exports and economic growth, Federal Government now concentrates on exportation of finished goods. She said this was an improved domestic manufacturing industries enhance productivity and increase employment, which in the long run would increase economic growth and development. “Economic growth has a lot to do with how much you are…
The Federal High Court, Abuja, on Monday, dismisses a suit seeking the sack of the Interim Management Committee (IMC) appointed for the Niger-Delta Development Commission (NDDC). Justice Inyang Ekwo, while delivering a judgment, held that the plaintiffs did not have the requisite locus standi to file the suit. The judge, who said that the development robbed his court of the jurisdiction to look into their prayers, thereafter struck out the suit. The suit, filed by Akharame Izedome Lucky, Adward Brisibe, Youths Arise for Undiluted Leadership and Development Initiative and Riverrun Development Initiative, was marked as FHC/ABJ/CS/690/2020. The defendants include the Attorney General…