Customs Generates N13.11bn From Onne Sea Port in September – Controller

EconomyNewsNigeriaCustoms Generates N13.11bn From Onne Sea Port in September – Controller

PilotnewsOctober 9, 2020

The Nigeria Customs Service, Area II Command, Onne Port, Rivers, says it generated over N13.11 billion in September. This is contained in a statement issued in Port Harcourt by the command’s Public Relations Officer, Mrs Ifeoma Ojekwu on Friday. The Controller of the command, Comptroller Auwal Mohammed, is quoted to have described the figure as the highest in 37 years of custom’s operations in the port. Mohammed stated that the command generated the revenue by...

CONTINUE READING
President Buhari’s Full Speech of 2021 Budget Presentation at The National Assembly

EconomyNewsNigeriaPresident Buhari’s Full Speech of 2021 Budget Presentation at The National Assembly

PilotnewsOctober 8, 2020

Budget of Economic Recovery and Resilience  Delivered By: His Excellency, President Muhammadu Buhari President, Federal Republic of Nigeria At the Joint Session of the National Assembly, Abuja  Thursday, 8th October 2020 PROTOCOLS It is with pleasure that I present the 2021 Federal Budget Proposals to this Joint Session of the National Assembly. Distinguished and Honourable Leaders, and Members of the National Assembly, at this juncture, I wish to commend your tremendous efforts in approving the revision...

CONTINUE READING
Lack of Recapitalization Hampers Operations of Adamawa State Homes and Savings Yola

EconomyNewsNigeriaLack of Recapitalization Hampers Operations of Adamawa State Homes and Savings Yola

Hassan Umar Shallpella (Regional Correspondent)October 7, 2020

The Central Bank of Nigeria (CBN) has directed that Mortgage banks in the country should have a capital base of two point five billion naira (N2.5b) for effective banking services. However, the new order is affecting the operations of Adamawa State Homes and Savings Yola who have only a share capital of one hundred and forty two million naira (N142m). Managing Director and Chief Executive Officer, Adamawa Homes and Savings Limited, Dr. Giscard Norris Stanley,...

CONTINUE READING
Senate Reduces Buhari’s Entourage to Present Budget

EconomyNewsNigeriaPoliticsSenate Reduces Buhari’s Entourage to Present Budget

Bada Yusuf Amoo (Correspondent)October 7, 2020

The Senate on Wednesday said that only those involved in budget preparation would be allowed to accompany President Muhammadu Buhari to the Nation Assembly on Thursday. Buhari is expected to present the 2021 national budget estimates to the joint session of the federal parliament. The Senate President, Ahmed Lawan, told his colleagues at plenary that the joint session would take place in the House of Representatives chamber. Lawan said, “This time around because of the...

CONTINUE READING
Over Two Decades No Census On Business Establishments In Nigeria

BusinessNewsNigeriaOver Two Decades No Census On Business Establishments In Nigeria

Hassan Umar Shallpella (Regional Correspondent)October 6, 2020

The Statistician-General of the Federation, Dr Yemi Kale has revealed that contrary to the United Nations Statistical Commission recommendation that in every five years enumeration of formal and informal business establishments be conducted, such exercise was not carried out in Nigeria for over two decades, attributing it to lack of funding. Kale made this known in a message at the Training of Enumerators for National Business Sample Census 2020 holding across the 36 states and...

CONTINUE READING
Buhari to Present 2021 Appropriation Bill on Thursday

EconomyNewsNigeriaBuhari to Present 2021 Appropriation Bill on Thursday

Beloved John (Staff Writer)October 6, 2020

President Muhammadu Buhari will present the Appropriation Bill for 2021 to the Joint Session of the National Assembly on Thursday. Ahmad Lawan, the senate president mentioned this while reading out the letter sent by President Buhari, conveying his intention to present the budget to National Assembly at plenary on Tuesday in Abuja. “May I crave the kind indulgence of the distinguished Senate to grant me the slot of 11 hours on Thursday 8th October 2020...

CONTINUE READING
Zamfara Govt Begins Own Gold Reserve

InvestingNewsNigeriaZamfara Govt Begins Own Gold Reserve

PilotnewsOctober 6, 2020

Zamfara government says it has started its gold reserve to reduce dependence on federal allocations. The state Commissioner for Finance, Alhaji Rabiu Garba, told journalists in Gusau on Tuesday that, although, there was a federal government ban on mining activities in the country, “the state government was able to purchase the commodity from licensed miners. “At the moment, we have a pure gold reserve of over 30 kilos and as time goes by, we will...

CONTINUE READING
AEDC Set to Reward “Loyal” Customers

BusinessNewsPowerAEDC Set to Reward “Loyal” Customers

PilotnewsOctober 5, 2020

The Managing Director, Abuja Electricity Distribution Company (AEDC), Mr Ernest Mupwaya, says its `2020 Customer Service Week’ will be an opportunity to appreciate its customers for their loyalty. AEDC’s General Manager, Corporate Communications, Mr Oyebode Fadipe, made this known in a statement issued on Monday in Abuja. Fadipe quoted the managing director as saying that “this is an auspicious period to demonstrate our appreciation to our esteemed customers and recognise the importance of customer service...

CONTINUE READING
FG Clamps Down on Faulty Measuring, Weighing Equipment Operators

BusinessNewsOil & GasFG Clamps Down on Faulty Measuring, Weighing Equipment Operators

PilotnewsOctober 4, 2020

The Federal Government says it had ha begun the clamp down on the use of faulty and altered measuring and weighing equipment by some business owners The Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo, announced this on Saturday in Port Harcourt at a two-day sensitisation workshop with stakeholders in the downstream oil and gas industry. Adeniyi, represented by Mr Gbolahan Adamoh, Head of Oil and Gas, Department of Weight and Measures (WM), in the...

CONTINUE READING
Domestic Refinery Owners Support Oil Subsidy Removal – Official

BusinessNewsNigeriaOil & GasDomestic Refinery Owners Support Oil Subsidy Removal – Official

PilotnewsOctober 4, 2020

The Domestic Refinery Owners Association of Nigeria (DROAN), have thrown their weight behind the Federal Government’s removal of oil subsidy in the country. The National Chairman of the association, Mr Godwin Sunday, made this known in a press conference organised by the association in Uyo on Saturday. Sunday said that the association was in full support of President Muhammadu Buhari’s  courageous stand in bringing the subsidy regime to an end. He urged stakeholders in the...

CONTINUE READING

Newer Posts

Older Posts

WP2Social Auto Publish Powered By : XYZScripts.com