Breaking : Workers Suspends Nationwide Strike, Protests

By Ibrahim Abdul’Aziz, Regional Correspondent The Nigerian Labour Congress(NLC) and the Trade Union Congress (TUC) in the early hours of Monday, have suspended the proposed strike over increase in prices of petrol and electricity tariff. The suspension was contained in a communique jointly signed by labour leaders and the Federal Government representatives, and read by the Minister of Labour and Employment, Senator Chris Ngige, at the end of the meeting that lasted about seven hours....

Farming: Young Entrepreneurs Invest N30m In 15 Rural Communities In Adamawa

By Ibrahim Abdul’Aziz, Regional Correspondent In a renewed commitment to modernize agriculture and make farming business lucrative a  group of young entrepreneurs has invested N30 million in 15 rural communities in Adamawa State. The young entrepreneurs under a firm, Tannep Prime Concept disclosed the development during a seminar organized in Yola with the theme: Securing the Future with Agriculture, Maximizing Profit and Mitigating Losses. The head of operations of the firm,  who is also a...

Multinational Companies Drill for Water Without Approval – FG Alleges

The Federal Government has expressed worry over multinational companies’ usage of the nation’s underground water resources for commercial purposes without obtaining license. The Minister of Water Resources, Mr Suleiman Adamu, said this in Abuja on Tuesday at a joint press conference with the Minister of Information, Alhaji Lai Mohammed, to address the controversies surrounding the National Water Resources Bill. Adamu said it was worrisome that without a law to protect the nation’s water resources sector,...

FG Can’t Run Refineries — Osinbanjo

Nigeria Vice President, Yemi Osinbajo, has said handing the refineries over to the federal government won’t solve any of the problems. Osinbajo said the federal government has nothing to do with the refineries in the country as it is strictly the business of the private sector. He also disclosed that 6 oil refineries are near completion in Edo, Imo, Rivers, Delta, Lagos and will soon commence operations. “If the refinery is left in the hands...

Subsidy Payment Only Enriched a Cabal, Says Kyari

The group managing director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has accused a cabal of ripping off the benefits of the fuel subsidy regime meant to be relinquished to the masses. Kyari disclosed that subsidy had to be abolished due to the high rate of fraudulent activities surrounding it. West Africa Pilot had reported the removal of the subsidy which led to an increase in petrol and electricity prices across Nigeria. While...

Financial Expert Advises CBN on Interest Rates as MPC Holds

As CBN holds its 275th quarterly Monetary Policy Committee (MPC) meeting on Monday, a Financial expert, Mr Okechukwu Unegbe called for a reduction of lending rates by banks to encourage investment. Unegbe, who is a Past President of Chattered Institute of Bankers of Nigeria (CIBN) made the call in an interview with News Agency of Nigeria (NAN) in Abuja. He suggested that the lending rate should be reviewed downwards from its present rate of about...

Cinemas in Lagos Get Conditions to Reopen as Religious Centres Get Full Reopening Approval

The government of Lagos State has lifted restrictions on the operations of cinemas with the condition that only 33 percent of the theatre’s capacity can be occupied. It said on Saturday that the permission to reopen was immediate. The Governor, Mr Babajide Sanwo-olu, said cinema operators must leave at least two empty seats between occupied ones. The West African Pilot News recalls that Cinema Exhibitors Association of Nigeria had asked the Governor to approve the...

FG Apologizes for Asking All Banks, Other Account Holders to Re-register

The Federal Government of Nigeria on Friday, apologized to all account holders in the country’s financial institutions, for asking them to re-register their details again. On Thursday, the FG had asked all account holders in Nigerian banks, including insurance companies to fill and submit a self-confirmation form. The FG gave the order despite the possession of Bank Verification Number and the National Identification Number by account holders. It threatened that failure to do so, it...

First Bank Nigeria CEO Gets Forbes Best of Africa Award

The Chief Executive Officer (CEO) of First Bank Nigeria Limited, Dr. Adesola Adeduntan, has been announced as the Forbes Best of Africa Award. The presentation of the award was held by Forbes, in conjunction with the Foreign Investment Network (FIN). The online roundtable discussion was themed, “Harnessing the Financial Resources and Social Capital of Philanthropy to Making a Lasting Impact.” The award was supported by the World Philanthropy Network and featured a keynote address by...

Fresh Air Pro-Life Empowerment ToTrain 500 Women and Youths

The pet project “Fresh Air Pro-life Empowerment” of Hajiya Lami Umaru Fintiri, wife of the Adamawa state Governor will train five hundred (500) women and youths in the northern part of the state in skill acquisition for them to become self-reliant. Beneficiaries of the second phase of the programme are from Mubi North, Mubi South, Maiha, Michika, and Madagali local governments. Flagging off the training at Sali Isa Bello Hall in Mubi Hajiya Lami Fintiri...

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