Over 5,889 People In Kebbi State, Each Receives N550, 000.00 COVID-19 Targeted Credit Facility Loan

BusinessMoneyNewsOver 5,889 People In Kebbi State, Each Receives N550, 000.00 COVID-19 Targeted Credit Facility Loan

Hassan Umar Shallpella (Regional Correspondent)August 30, 2021

BIRNI-KEBBI, (Kebbi State) —The Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN) has launched the Federal Government’s COVID-19 Targeted Credit Facility Loan in Federal Government’s COVID-19 Targeted Credit Facility Loan. So far, no fewer than 5,889 people across the 21 local government areas of Kebbi state have started receiving the N550, 000.00. Malami while launching the loan disbursement in Birnin-Kebbi, the state capital said the facility was to enable the beneficiaries to...

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Imo Stands Still As Oil Marketers Go On Strike

BusinessNewsOil & GasImo Stands Still As Oil Marketers Go On Strike

Bada Yusuf Amoo (Correspondent)August 25, 2021

OWERRI — The people of the Imo State, particularly commuters and motorists were thrown into frustration and a standstill on Wednesday as the state chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN) embarked on strike. The public was cut unaware of the strike, this expectedly led to a hike in transport fares by the few commercial vehicles and motorcycle operators on the roads. They increased fares above 50 percent from the normal fares....

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Review of Grazing Reserves Unconstitutional – Ortom

BusinessLaw & JusticeNewsReview of Grazing Reserves Unconstitutional – Ortom

Beloved John (Staff Writer)August 25, 2021

Benue state governor, Samuel Ortom, has criticized President Muhammadu Buhari’s decision to review grazing reserves across the country as unconstitutional. According to the governor, the president’s position on open grazing is disturbing especially considering that most state governors have agreed that ranching is a better way to resolve insecurity. Buhari had approved the recommendations of a committee to review 368 grazing reserves across 25 states in the country. A development that has been met with...

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Nnewi Residents Speculate Situation Today Monday Aug 23

BusinessPeoplePoliticsNnewi Residents Speculate Situation Today Monday Aug 23

Ononuju Egwuonye (Staff Reporter)August 23, 20212

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...

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CBN Direct Banks to Block Accounts of 18 Firms

BusinessNewsCBN Direct Banks to Block Accounts of 18 Firms

Beloved John (Staff Writer)August 20, 2021

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...

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NNPC to be Commercialized in Six Months – Sylva

BusinessOil & GasNNPC to be Commercialized in Six Months – Sylva

Bada Yusuf Amoo (Correspondent)August 18, 2021

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...

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800 to Benefit From NALDA Programme in Imo, Abia

AgricultureBusiness800 to Benefit From NALDA Programme in Imo, Abia

PilotnewsAugust 15, 20211

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’’....

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NAF Pays Official Visit to the Ibeto Group

BusinessMilitaryNewsNAF Pays Official Visit to the Ibeto Group

PilotnewsAugust 14, 2021

*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...

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Anti-Open Grazing Bill Scales Through Second Reading In Enugu, Set For Public Hearing

BusinessLaw & JusticeAnti-Open Grazing Bill Scales Through Second Reading In Enugu, Set For Public Hearing

Ije Ulasi (Regional Correspondent)August 13, 2021

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...

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U.S. Adds 943,000 Jobs in July, Unemployment Rate Dips to 5.4% – Labour

BusinessUnited StatesU.S. Adds 943,000 Jobs in July, Unemployment Rate Dips to 5.4% – Labour

PilotnewsAugust 6, 2021

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...

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