Month: December 2017
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Ekweremadu Donates to Gombe IDP Camps, Fetes Enugu Widows
By Aaron Ossai The Deputy President of the Senate, Senator Ike Ekweremadu, has donated gift items worth millions of naira to Internally Displaced Persons (IDP) camps in Gombe State during the Christmas holiday. This was even as the Senator and his wife, Lady Nwanneka Ekweremadu, feted 250 widows from Enugu and distributed wrappers and food…
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Hoarding: DPR Seals Six Filling Station In Kwara
By Steve Oni, Ilorin The Department of Petroleum Resources (DPR) has sealed six filling stations in Ilorin, capital of Kwara state, and Ajase- Ipo in Irepodun local government area of the state for hoarding fuel and other sundry offences. The sealed stations are Golden Mother Filling Station, Agbabiaka, Ilorin, Korrect Petroleum, Agbabiaka, Ilorin, Haflum Filling…
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Edo Assembly passes N150.09 billion 2018 budget estimates
By Ikhili Monday Ebalu, Benin city The Edo State House of Assembly on Thursday passed the state’s 2018 budget proposal of N150.09 billion. National Trail reports that Governor Godwin Obaseki of Edo had on November 29, 2017, presented a budget proposal of N146.6 billion to the house for consideration and passage. The budget, as presented…
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Why We Intervened In Finance Minister, DG SEC Conflict – Dogara
By Our Correspondent Speaker of the House of Representatives, Hon Yakubu Dogara, has explained that the House decided to intervene in the conflict between the minister of Finance and the suspended director general of Security and Exchange Commission in order to protect the capital market’s integrity, improve public perception of the sub-sector, boost investors confidence,…
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Sokoto budgets over N220.5 billion for 2018
By Najem Francis, Sokoto Governor Aminu Waziri Tambuwal has presented to the Sokoto State House of Assembly for approval a budgetary estimate of over N220.5 billion for the 2018 fiscal year. Reading the budget speech yesterday, Governor Tambuwal said that N152.8 billion, representing 69.9% was for capital expenditure while N67.6 billion, representing over 30 percent,…
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Kwara House Passes 2018 Budget, Jerks It Up By N9bn
By Steve Oni, Ilorin The Kwara State House of Assembly has passed the state’s 2018 budget. The House put the budget estimates at N190,997, 425,571 as against N181,886,56,555 presented by the state governor, Alh Abdulfatah Ahmed on November 25, 2017, jerking up the budget size with about N9billion. With the adjustment made at the consideration…
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NSIA to invest in Infrastructure debt fund
By Joseph INOKOTONG The Nigeria Sovereign Investment Authority (NSIA) has announced plans to invest in the Nigeria Infrastructure Debt Fund (NIDF). NSIA in a statement issued in Abuja, said the proposed investment aligns with its mandate “to develop and explore opportunities to play a leading role in driving sustained economic development for the benefit of…
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NDIC Achieves ISO Certification from BSI
By Joseph INOKOTONG The Nigeria Deposit Insurance Corporation (NDIC) has obtained three certifications from the British Standards Institution (BSI) for Information Security Management System ISO/IEC 27001:2013, IT Service Management System ISO/IEC 20000-1:2011 and Business Continuity Management System, ISO 22301:2012 after a rigorous process of satisfying the conditions precedent to accreditation. The British Standards Institute UK…
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BPE gets NCP’s nod to privatise five NMC subsidiaries
By Joseph INOKOTONG The National Council on Privatisation (NCP), has approved the privatisation of the remaining 5 (out of the 23) subsidiaries of the Nigerian Mining Corporation (NMC). A statement signed Thursday, by Chukwuma Nwokoh, Head, Public Communications of the BPE said the decision was reached at its 4th meeting for 2017, which held on…
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Edo Chief Judge Frees 3 Inmates
By Ikhili Monday Ebalu, Benin city Edo Chief Judge, Justice (Mrs) Esohe Ikponwen on Tuesday freed three inmates out of 1,062 awaiting trial at the Medium Security Prison, Oko in Oredo Local Government Area. The three inmates who were released as a result of ‘no case file’ are Efe Osagbovo (34), Peter Okon (28) and…