National Stadium Shop Owners Plead With President Buhari on Eviction Notice

BusinessCoronavirusNewsNigeriaNational Stadium Shop Owners Plead With President Buhari on Eviction Notice

PilotnewsAugust 20, 2020

Some shop owners at the National Stadium, Lagos, on Thursday appealed to President Muhammadu Buhari to prevail on the Minister of Sports, Sunday Dare, to reconsider the seven days eviction notice issued to them. The News Agency of Nigeria (NAN) reports that the minister had on Aug. 17 issued seven days eviction notice to business owners operating at the stadium to give room for the plan renovation of the sport facility. Speaking with journalists in...

CONTINUE READING
Int’l Flight Resumption: Nigeria to Apply Principle of Reciprocity — Sirika

BusinessNewsTravelInt’l Flight Resumption: Nigeria to Apply Principle of Reciprocity — Sirika

PilotnewsAugust 20, 2020

As Nigeria prepares to resume international flights, the Minister of Aviation, Hadi Sirika, says the country will apply the principle of reciprocity. Speaking at the Presidential Task Force  (PTF) on COVID-19 daily briefing on Thursday in Abuja, the minister explained that this principle meant carriers from all countries that banned flights from Nigeria would also not be allowed to fly into Nigeria. Sirika was represented at the briefing by the Director-General of the Nigeria Civil Aviation...

CONTINUE READING
PIB for Presentation to National Assembly in Few Weeks, Says Sylva

EconomyNewsNigeriaOil & GasPIB for Presentation to National Assembly in Few Weeks, Says Sylva

PilotnewsAugust 20, 2020

Chief Timipre Sylva, Minister of State for Petroleum Resources, says the Petroleum Industry Bill (PIB) will be presented to the National Assembly in the next few weeks. Sylva said the Executive arm would be requesting the lawmakers to specially reconvene to receive and begin deliberations on the Bill. According to him, the Bill is key to repositioning Nigeria’s Oil and Gas Industry under its post-COVID-19 agenda. The News Agency of Nigeria (NAN) reports that the...

CONTINUE READING
Osun Deputy Governor Debunks Bankruptcy Claims

EconomyNewsOsun Deputy Governor Debunks Bankruptcy Claims

Beloved John (Staff Writer)August 20, 2020

The Osun State Deputy Governor, Benedict Alabi has refuted claims the state is bankrupt. In a statement yesterday by his Chief Press Secretary, Olaniyi Ajibola, he stated that hose behind the rumour lacked the knowledge of macro-economic theories and indices of Fiscal Sustainability Index. The deputy governor, who said Osun was indebted as other states, insisted there was no logical parity between incurred debt and insolvency in a market economy. “Our government remains committed to...

CONTINUE READING
House Committee Invites Ministry of Justice to Shed Light on China/Nigeria Loan Agreement

BusinessForeign PolicyInfrastructureNewsHouse Committee Invites Ministry of Justice to Shed Light on China/Nigeria Loan Agreement

Bada Yusuf Amoo (Correspondent)August 19, 2020

The House of Representative Committee on Treaties, Protocols and Agreements has invited the Nigeria Ministry of Justice to explain more to the Nigeria public the sovereignty clause in the Nigeria/China loan agreement. This was disclosed on Tuesday by the Chairman of the Committee, Nicholas Ossai, at the sitting of the panel, which was investigating the external loans and commercial agreements signed by Nigeria. The Punch in its investigation revealed that there were indications that the...

CONTINUE READING
Reps Reveal the Danger of Nigeria/China Loans, Says Sovereignty Clause is Dangerous

InfrastructureMoneyNewsNigeriaReps Reveal the Danger of Nigeria/China Loans, Says Sovereignty Clause is Dangerous

Bada Yusuf Amoo (Correspondent)August 18, 2020

The House of Representatives on Monday faulted the sovereignty clause in Nigeria/China loan agreement, saying the sovereignty clause is dangerous. This was stated in Abuja by the Chairman of the House Committee on Treaties, Protocols and Agreements, Nichola Ossai, during the investigative hearing on external loans and commercial agreements. Ossai added that Nigeria’s loan agreement with the Asian country was only being governed by Chinese laws. He added that the Federal Government of Nigeria in...

CONTINUE READING
Public Officials Desperately Obtain Loans Without Proper Scrutiny of Agreements — Reps

InfrastructureMoneyNewsPublic Officials Desperately Obtain Loans Without Proper Scrutiny of Agreements — Reps

Beloved John (Staff Writer)August 17, 2020

The House of Reps says the Nigerian government officials signed empty repayment loan documents for the development of the Nigerian Rail sector even before the terms of the loans were negotiated. On Monday, during the investigative hearing on the review of bilateral loan agreements and commercial contract agreements by ministries, Hon. Ossai Nicholas Ossai, the chairman, House Committee on Treaties, Protocols, and Agreements, stated that the Ministry of Transportation signed a commercial contract worth $33...

CONTINUE READING
Lagos Government Slashes Licence, Renewal Fee for Uber, Bolt, Others by 20%,

BusinessNewsLagos Government Slashes Licence, Renewal Fee for Uber, Bolt, Others by 20%,

Adeola Oladipupo (Correspondent)August 17, 2020

…Extends implementation date by 7 days …Drivers now to pay N20 for Road Improvement Fund on each trip The Lagos State government has announced a 20 per cent reduction in the operational license fee for e-hailing firms and taxi companies. Last week, the West African Pilot News reported that the State government ordered e-hailing firms with less than 1,000 drivers to pay N10 million licence fee, while firms with more than 1,000 drivers pay N25...

CONTINUE READING
Customs Intercepts Vehicles, Rice Worth N10bn

BusinessNewsCustoms Intercepts Vehicles, Rice Worth N10bn

PilotnewsAugust 17, 2020

The Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service (NCS), on Sunday announced a single seizure of contrabands with Duty Paid Value (DPV) of N10 billion. The Customs Area Controller (CAC), Usman Yahaya in a statement in Lagos, said that the seizure made in one day was at Ido, Eruwa Road in Ibadan. The statement was signed by the Public Relations Officer of the Unit, Peter Duniya. According to him, the contraband...

CONTINUE READING
COVID-19: States to Get $2.5m Performance-based Grants for Tax Relief

CoronavirusEconomyNewsCOVID-19: States to Get $2.5m Performance-based Grants for Tax Relief

PilotnewsAugust 17, 2020

The Nigerian Governors’ Forum (NGF) on Sunday said that each state government would receive USD2.5 million performance-based grants for implementing tax relief programmes for individual taxpayers and businesses to mitigate COVID-19 impact. The forum disclosed this in a statement issued by the Head, Media and Public Affairs of NGF Secretariat, Mr. Abdulrazaque Bello-Barkindo, in Abuja on Sunday,  after a virtual meeting jointly organized by the World Bank and the forum. The forum, however, noted that only states...

CONTINUE READING

Newer Posts

Older Posts

WP2Social Auto Publish Powered By : XYZScripts.com