Gov. Ikpeazu inaugurates 7-Member Board to Manage Enyimba Automated Shoe Factory

BusinessNewsGov. Ikpeazu inaugurates 7-Member Board to Manage Enyimba Automated Shoe Factory

PilotnewsJuly 30, 2020

Gov. Okezie Ikpeazu of Abia on Thursday inaugurated a seven-member board to manage the newly established Enyimba Automated Shoe factory. Speaking during the event in Umuahia, Ikpeazu urged the board to transform “Made in Abia” leather works into a global brand. He described the establishment of the shoe factory as a culmination of the state government’s efforts to mainstream Abia in the competitive global shoe market. “The primary objective for establishing the factory was to create a...

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Enugu State Governor Signs Revised 2020 Budget into Law, Recurrent Expenditure Receives 48% Increase

BusinessNewsEnugu State Governor Signs Revised 2020 Budget into Law, Recurrent Expenditure Receives 48% Increase

Ije Ulasi (Regional Correspondent)July 30, 2020

The Enugu State Governor, Ifeanyi Ugwuanyi on Tuesday signed the revised 2020 budget of One hundred and forty-six billion, three hundred and seventy-four million, six hundred and forty-one thousand, eighty naira only (N146,374,641,080.00) into law. The downward review of the budget represents a 13.67 percent reduction of the initial approved 2020 budget size of One hundred and sixty-nine billion, five hundred and fifty-seven million, six hundred and fifty-eight thousand, three hundred naira only (N169,557,658,300.00). “The...

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Eid-El-Kabir: Rams Dealers Decry Low Patronage In Adamawa

BusinessNewsReligionEid-El-Kabir: Rams Dealers Decry Low Patronage In Adamawa

Ibrahim Abdul' Aziz (Correspondent)July 29, 2020

Less than two days to the Eid-el-Kabir Sallah festivities,  rams and other livestock dealers in Adamawa have decried low patronage amid unprecedented hike in prices. Some dealers, spoken to in Jimeta and Yola markets, described the market condition as discouraging. Muhammadu Yellow, the sarkin Tike Jimeta, said the was recording low sales as against the high patronage during the previous festive season. Sarkin Tike, attributed the situation to the effect of coronavirus pandemic and increased...

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Arik Air Reconnects Kano, Yola

BusinessNewsTravelArik Air Reconnects Kano, Yola

PilotnewsJuly 27, 2020

Arik  Air on Monday announced  the  resumption of  its flight  operations  to  Mallam  Aminu  Kano  International Airport, Kano, and Yola Airport from July 28. Mr Adebanji Ola, its Communications Manager, said in a statement in Lagos that both services would originate from Nnamdi Azikiwe International Airport, Abuja, with connections to and from Murtala Muhammed Airport, Lagos. According to Ola, Arik Air will be operating separate flights from Abuja to Kano and Yola. “Flights from Abuja...

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NLC Rejects 6% Tenancy, Lease Stamp Duty Agreement

JobsNewsNigeriaNLC Rejects 6% Tenancy, Lease Stamp Duty Agreement

PilotnewsJuly 25, 2020

The Nigeria Labour Congress (NLC) has urged the Federal Government to reverse the six per cent tenancy and lease stamp duty agreement in the country. Mr Ayuba Wabba, NLC President said this in a statement on Saturday in Abuja. Wabba said that the Congress noted with dismay the new policy by the Federal Government through the Federal Inland Revenue Service (FIRS) stipulating a six per cent stamp duty fee for every tenancy and lease agreement...

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774,000 Jobs: MC Oluomo, Asiwaju Tinubu’s Daughter, 18 Others Inaugurated as Lagos Selection Committee

JobsNews774,000 Jobs: MC Oluomo, Asiwaju Tinubu’s Daughter, 18 Others Inaugurated as Lagos Selection Committee

Adeola Oladipupo (Correspondent)July 24, 2020

The Federal Government’s initiative which is meant to create 1000 jobs in 774 local governments across the country has kicked off in Lagos State with the inauguration of 20 members into the selection committee. The 20 members of the selection committee would represent each local government areas in Lagos State. Its Chairman is Alhaji Mutiu Are and Barrister Eleshin Kassim would serve as his deputy. “The programme is aimed at achieving objectives which is centred...

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FEC Approves Establishment of Nigerian Youth Investment Fund

InvestingNewsFEC Approves Establishment of Nigerian Youth Investment Fund

Beloved John (Staff Writer)July 23, 2020

The Federal Executive Council has approved the establishment of the Nigerian Youth Investment Fund (NYIF) to the tune of N75 billion. The NYIF, which will operate as a youth bank, will create a financial support base for innovative youths aged 18 to 26. Minister of Youth and Sports Development, Mr Sunday Dare disclosed this to State House Correspondents on Wednesday after a Federal Executive Council (FEC) meeting, nothing that youths with ideas and innovation can...

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DEVELOPING: 2021 Budget: Senate Gives Deadline to Buhari

EconomyNewsPoliticsDEVELOPING: 2021 Budget: Senate Gives Deadline to Buhari

Bada Yusuf Amoo (Correspondent)July 22, 2020

The President of the Senate, Ahmad Lawan, has asked President Muhammadu Buhari to ensure the submission of the 2021 national budget before the end of September this year. The Senate President states this while referring to the 2021-2023 Median Term Expenditure Framework and Fiscal Strategy Paper, which were submitted to the Federal Parliament by Buhari on Tuesday to the relevant committees of the Senate for necessary legislative steps. He noted that the presentation of the...

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10 to Compete for $10,000 NASFAT’s BUILD Initiative Competition

BusinessNewsNigeria10 to Compete for $10,000 NASFAT’s BUILD Initiative Competition

PilotnewsJuly 22, 2020

The  NasruLahi-l-Fatih Society (NASFAT) says the stage is set for 10 successful quarter-finalists to compete for the 10,000 dollars winner’s prize in the maiden edition of its BUILD (BUsiness Incubation LaunchpaD) Initiative. Mr Fatai Olayemi, the Chairperson of the Initiative, made this known in a statement on Tuesday. According to Olayemi, BUILD is a way of seeking entrepreneurs and startups with innovative solutions, entrepreneurial mindset and can-do spirit. “BUILD is also a big idea or solution that has the potential to positively impact Muslims, Muslim...

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COVID-19: Nigeria’s Broadcast Stations May Close Shop, Says BON

BusinessCoronavirusCOVID-19: Nigeria’s Broadcast Stations May Close Shop, Says BON

Ibrahim Abdul' Aziz (Correspondent)July 19, 2020

By all indications, the financial burden heaped on the broadcasting industry by the outbreak of the COVID-19 pandemic may result in the closure of a vast number of broadcast operators in Nigeria. The chairperson of the Broadcasting Organization of Nigeria (BON), Hajiya Sa’a Ibrahim, during a media interactive session organized by NUJ Kano state council , said broadcast stations have recorded dwindling revenue generation which has further incapacitated the stations from exercising their financial responsibilities...

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