NNEWI — There is palpable anxiety among the people of Nnewi over the persisting sit-at-home directive of the Indigenous People of Biafra (IPOB); concerns which, today Monday will witness some peculiarities across the South Eastern zone. In Nnewi, this scenario has generated tension across this ever-busy commercial and industrial city of Anambra. Supporters of the movement had come to the realization that the weekly Monday’s sit-at-home directive would not be a panacea for either a...
ABUJA — The Central Bank Of Nigeria (CBN) has directed banks to forthwith place a post-no-debit on the bank accounts of 18 companies. The instruction from the apex bank was issued on Thursday in a circular signed by Haruna B. Mustapha, director of banking supervision. A post-no-debit (PND) is a restriction on bank account which blocks all debit transactions including the use of automated teller machines (ATMs) and cheques. However, money can be deposited into...
ABUJA — Nigerian Minister of State for Petroleum Resources, Timipre Sylva, on Tuesday said the Nigerian National Petroleum Corporation (NNPC) will become a commercial company within six months. The Minister’s declaration followed the signing of the Petroleum Industry Bill into law by President Muhammadu Buhari on Monday. Sylva spoke at a press conference in Abuja, saying that a transitional committee was already in place to incorporate NNPC into a Limited company. All shares in NNPC...
ABUJA — The National Agricultural Land Development Authority (NALDA) said about 800 beneficiaries had been selected to benefit from its integrated farm estate in Imo and Abia. The Executive Secretary of NALDA, Prince Paul Ikonne, gave the details in a statement on Sunday in Abuja. Ikonne said that the programme was to complement President Muhammadu Buhari’s mandate of providing food sufficiency in Nigeria under the “Grow hat you eat and eat what you grow Initiative’’....
*We will continue to be an advocate for Ibeto Group -NAF *Ibeto Group is ever willing to collaborate with NAF in defending Nigeria – Engr. Ejike * Human capacity building is a panacea for achieving a combat-ready Air Force- Sir Ogbonnah By Ononuju Egwuonye, Staff Writer NNEWI — On Tuesday 10th August 2021, a team of officers from the Nigerian Air Force (NAF) led by the Director of Aircraft Engineering, Headquarters Nigerian Air Force, Air...
ENUGU — The Enugu State Government is set to join a league of states in the Southern region of the Federal Republic of Nigeria to enact a law banning open grazing in the state. The Bill for law prohibiting open grazing and regulation of cattle rearing was sponsored by Ikechukwu Ezeugwu Leader of the House; The bill on Thursday scaled through second reading on the floor of Enugu State House of Assembly and was referred...
WASHINGTON — The United States (U.S.) employers added 943,000 jobs in July, the Labour Department announced on Friday. The figure was higher than previous forecasts, while the unemployment rate stood at 5.4 per cent in a job market still underperforming 17 months into the coronavirus pandemic. “Total nonfarm payroll employment rose by 943,000 in July, and the unemployment rate declined by 0.5 percentage point to 5.4 per cent,” the Bureau of Labour Statistics, a unit...
UYO — A Bill to establish the State Tourism, Arts and Culture Endowment Fund (AKSTACEF) has been passed into law by the Akwa Ibom State House of Assembly on Thursday. The member representing Itu State Constituency and Chairman, House Committee on Industry, Commerce and Tourism Hon KufreAbasi Edidem while presenting the report explained that the new law, when assented to by the state Governor, would boost the funding of the tourism sector as well as improve the...
ABUJA — The Federal Executive Council (FEC) on Wednesday approved contracts for the rehabilitation of Warri and Kaduna refineries at a sum total of $1.4 billion. The breakdown of the rehabilitation showed that $897 million will go for the Warri refinery and $586 million for the Kaduna refinery. The Minister of state for petroleum revealed this to State House correspondents after the Federal Executive Council meeting, which was chaired by Vice President Yemi Osinbajo. The...
By Ononuju Egwuonye, Staff Writer NNEWI — The commercial city of Nnewi was shut down on the 4th of August, 2021 by a group of male youths under the auspices of Uruagu youths forum who embarked on a peaceful protest around strategic points of the ancient town of Nnewi north. They went to the palaces of all the four traditional institutions in the only one- town Local Government Area of Anambra State to express their...
