IPMAN to Shutdown Operations in Anambra in Solidarity With Member

Following last-minute intervention by the Anambra government, members of Independent Petroleum Marketers of Nigeria (IPMAN) in the state, will now shut down operations on Aug. 25, across the state. The impending strike is in solidarity with Siluch Oil and Gas Limited, an IPMAN member, being owed N13.6 million for petroleum products it supplied to Transport Company of Anambra State (TRACAS), since 2017. IPMAN had on Aug.4, issued a 21-day ultimatum to the state government, to pay...

Our Borrowings Are Justified – FG Says

The Federal Government says the funds it has borrowed so far are justifiable because they are being used for the development of critical infrastructure that will benefit Nigerians The Minister of Information and Culture, Alhaji Lai Mohammed stated this at the Obafemi Awolowo terminal end of the Lagos-Ibadan standard gauge rail project. The News Agency of Nigeria (NAN) reports that Mohammed and Minister of Transportation Rotimi Amaechi embarked on inspection tour of the 156km modern rail...

Union Decries Proposed Relocation of Aba Cattle Market to Obehie

The President-General,  Asa Development Union (ADU), Dr. Onwubiko Dike, on Saturday decried the proposed relocation of the cattle market at Ogbor Hill, Aba to Obehie, Ukwa West Local Government Area. Dike spoke during a protest of Asa indigenous people of Ukwa West LGA, from Obehie-Akwete-Azumini-Ukanafun on the  Aba-Port Harcourt highway which caused gridlocks in the area for hours. According to him, the peaceful protest is to make it clear that Ukwa people are not willing...

FG Moves to Prevent Job Losses in Aviation Sector

The Federal Government has called for social dialogue between the employers and the employees in the Aviation industry to prevent job losses. Sen. Chris Ngige, Minister of Labour and Employment, Dr. Chris Ngige, made the call in a statement, signed by Mr Charles Akpan, Deputy Director, Press and Public Relations in the ministry on Friday in Abuja. Ngige made the call during a conciliatory meeting with airline operators and the trade unions in the aviation...

Buhari Inaugurates 17-Storey NCDMB Building, Pledges More Infrastructure

President Muhammadu Buhari on Thursday in Abuja pledged to spend more on infrastructure across the country, focusing on finishing projects delivered by local contractors and technology that create jobs for thousands of Nigerians. The president made the pledge at the virtual inauguration of the new headquarters building of the Nigerian Content Development and Monitoring Board (NCDMB) in Yenagoa, Bayelsa. According to him, the iconic 17-storey building, known as the Nigerian Content Tower, with the full...

Nigeria Receives N3.2trn From Entertainment Industries

The fashion industry, hospitality and tourism contributed over N3.2 trillion to the national economy, a report by the Federal Government’s Post Covid-19 Initiative Committee on the Creative Industry has revealed. The minister of Information and Culture, Alhaji Lai Mohammed on Thursday, gave an insight into the report recently submitted to the government by the committee led by ace comedian, Ali Baba. Mohammed, who was a guest on NAN Forum in Abuja, said that the recommendations...

FCMB Debunk Claim, Says No Money Was Deposited into Account Linked to Magu

The management of First City Monument Bank (FCMB) has debunked claims of alleged deposit of N573 million into the account of an associate of the suspended chairman of the EFCC, Ibrahim Magu. Mr Magu who was suspended last month by President Muhammadu Buhari is currently under investigation for alleged corruption during his tenure as the acting chairman of the anti-corruption agency. Stories that the FCMB managing director, Adam Nuru, allegedly telling the panel that N573...

Lagos Wants Uber, Bolt, Others to Pay 25 Million Licence Fee

…Also wants a 10 percent share of every ride transactions. New regulations for ride-hailing companies and taxi operators by the Lagos State Government is set to take effect on August 20. Tensions are gradually building as the regulation compels ride-hailing technology companies and taxi operators to pay an initial licence fee and subsequent yearly licence renewal. Companies with less than 1,000 drivers are required to pay N10 million licence fee, while firms with more than...

FG Distributes 20,000 Cocoa Seedlings, Inputs to Imo Farmers

Federal Government in its bid to help cushion the effect of Coronavirus (COVID-19) has supported smallholder farmers in Imo State with 20,000 Cocoa seedlings and other improved seeds. The Minister of Agriculture and Rural Development, Sabo Nanono, in a statement issued by the Director of Information, Mr. Theodore Ogaziechi, said this on Sunday in Abuja. The minister said the Federal Government was committed to improving agriculture. Nanono said this during the official rollout ceremony of...

BREAKING: Petroleum Tankers Drivers Begin Strike

Petroleum Tanker Drivers in Lagos State have withdrawn their services as directed by the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) beginning from Aug. 10. The state Chairman, NUPENG, Mr. Tayo Aboyeji made the confirmation in an interview with the News Agency of Nigeria (NAN) on Monday in Lagos. Aboyeji said that the strike began in the early hours of Aug. 10, following negotiation breakdown between the state government and the union. “Although, we...

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