Category: Economy

Economy, Featured, LifeStyle, News, News Now, Politics, Transportation

Wike warns of sealing business premises that litter waste, says the mandate of Rivers people will not be taken for granted

Governor of Rivers State, Nyesom Ezenwo Wike has reiterated the commitment of his administration to work tirelessly in advancing the State and improve the quality of living of Rivers people. Speaking to journalists during an unscheduled inspection of four ongoing flyover projects in Port Harcourt and Obio-Akpor Local Government Areas of the State, Governor Wike said more democratic dividends are in the offing for the … Continue reading Wike warns of sealing business premises that litter waste, says the mandate of Rivers people will not be taken for granted

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Economy, Featured, News, News Now, Crime, Money, LifeStyle, Judiciary, Transportation

I have terminated the appointment of Bala-Usman as NPA MD, Buhari tells the court

President Muhammadu Buhari says he has terminated the appointment of Hadiza Bala-Usman as the Managing Director of Nigerian Ports Authority (NPA). He disclosed this in an affidavit dated July 12 filed at the Federal High Court, Lagos, in a suit brought against him by the Chief Executive Officer of Maritime Media Limited, Asu Beks, and two others. The matter is before Justice Tujjani Ringim of … Continue reading I have terminated the appointment of Bala-Usman as NPA MD, Buhari tells the court

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Crime, Economy, Featured, LifeStyle, Money, News, News Now, Politics

NPA Looting: PDP Demands Prosecution of Sacked DG, Bala-Usman, Seeks Investigations Against Amaechi

The Peoples Democratic Party (PDP) demands the immediate prosecution of indicted and now sacked Managing Director of the Nigeria Ports Authority (NPA), Hadiza Bala Usman, over exposed looting of over N165 billion in the agency. The party insisted that President Muhammadu Buhari should not just “ease out” Bala Usman, but must go ahead to prosecute her over the alleged looting including revelations from the office … Continue reading NPA Looting: PDP Demands Prosecution of Sacked DG, Bala-Usman, Seeks Investigations Against Amaechi

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Crime, Economy, Featured, Foreign News, LifeStyle, Money, News, News Now

More trouble for IPOB as bank account shut down over fraud

The Indigenous People of Biafra (IPOB) has closed its bank account in the United States which also served as a central account for members to pay their monthly dues and contributions to the Eastern Security Network (ESN). Head of Directorate of IPOB Chika Edoziem disclosed this in a statement he made available to newsmen on Thursday. According to Edoziem, the order which was given through … Continue reading More trouble for IPOB as bank account shut down over fraud

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Economy, Featured, Foreign News, LifeStyle, News, News Now

Bayelsa Has Potential For Greatness Like South Korea, Says Envoy

South Korean Ambassador to Nigeria, Mr. Kim Young-Chae, on Thursday, said Bayelsa State has the potential to be as developed as his country. Speaking in Government House, Yenagoa, as guest of the state government, Amb. Young-Chae said his visit was a follow-up to his recent meeting with Gov. Douye Diri in Abuja to further explore areas of partnership between the state and the Republic of … Continue reading Bayelsa Has Potential For Greatness Like South Korea, Says Envoy

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Buhari Inaugurates NEITI board, reiterates commitment to the implementation of EITI in oil, gas, mining industries, and warns against partisanship

The Federal Government has reiterated its commitment to the implementation of the Extractive Industries Transparency Initiative (EITI) in the oil, gas, and mining industries of Nigeria. President Muhammadu Buhari said this Thursday at the 5th National Stakeholders Working Group (NSWG), otherwise known as the governing board of the Nigeria Extractive Industries Transparency Initiative (NEITI). Represented by the Secretary to the Government of the Federation, Boss … Continue reading Buhari Inaugurates NEITI board, reiterates commitment to the implementation of EITI in oil, gas, mining industries, and warns against partisanship

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Economy, Featured, LifeStyle, Money, News, News Now, Politics

Reps Recommend Arrest Warrants On CBN Governor, NNPC CEO, NDDC, RMAFC Others

The Committee on Public Accounts has prayed the House of Representatives to issue warrants of arrest on Governor of the Central Bank of Nigeria, Godwin Emefiele; Group Managing Director of the Nigerian National Petroleum Corporation, Melee Kyari; Sole Administrator of the Niger Delta Development Commission, Effiong Akwa; Chairman of the Revenue Mobilisation Allocation and Fiscal Commission, Elias Mbam, and 50 others. The committee in its … Continue reading Reps Recommend Arrest Warrants On CBN Governor, NNPC CEO, NDDC, RMAFC Others

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Agriculture, Crime, Economy, Featured, Food, LifeStyle, News, News Now

Lalong condemns the destruction of farmlands by criminals

Governor Simon Lalong of Plateau has condemned the destruction of farmlands in some communities in the state by criminals, describing it as callous, criminal, inhuman and wicked. The governor criticised the act in a statement by his Director of Press and Public Affairs, Dr Makut Macham, on Wednesday in Jos. He said the incidences in the state was an ugly development, expressing concern that it … Continue reading Lalong condemns the destruction of farmlands by criminals

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Economy, Featured, Foreign News, LifeStyle, News, News Now, Transportation

China debuts world’s fastest train

A maglev bullet train that can reach speeds of 600 kilometers per hour (373 miles per hour) has made its debut in Qingdao, China. Developed by the state-owned China Railway Rolling Stock Corporation, it’s considered the world’s fastest train.” Maglev” is an abbreviation of “magnetic levitation.” The train appears to be “floating” thanks to an electromagnetic force that sends it gliding above the tracks. Liang Jianying, … Continue reading China debuts world’s fastest train

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Economy, Featured, LifeStyle, News, News Now, Transportation

Airlines laud FG over suspension of 7 percent surcharge on imported aircraft, spares

…As Air Peace boss condemns ‘distortion’ of NASS proceedings The Airline Operators of Nigeria (AON) has commended the federal government for removing seven percent surcharge on imported aircraft and spares and the Nigeria Customs Service (NCS) for the support it has given to the operators. Chairman of Air Peace who is also the Vice-Chairman of AON, Allen Onyema who spoke on behalf of the body, … Continue reading Airlines laud FG over suspension of 7 percent surcharge on imported aircraft, spares

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