A total of 535 maize farmers in Anambra would receive farming inputs worth over N89 million under the Central Bank Anchor Borrowers Programme, for the 2020 wet farming season. Mr Simeon Nwafor, the state chairman of Maize Association of Nigeria (MAAN), made the disclosure at the inauguration of the inputs distribution, on Tuesday in Onitsha. Nwafor said that the number of beneficiaries in the state had risen from 122 in 2019 to 535 this cropping...
… Governor says political office holders, others sacrificed 50 per cent of salary The Governor of Ekiti State, Kayode Fayemi, signed the 2020 Supplementary Budget into law on Monday. The State Government reviewed the 2020 Budget earlier passed by preparing a Supplementary Budget due to the COVID-19 pandemic which affected its revenue prospect. “The 2020 Supplementary Budget was designed, bearing in mind the dwindling revenue from the Federation Account, to focus on critical priority legacy...
The global coronavirus pandemic drastically slowed down and in most cases halted completely business activities. But as signs of re-opening slowing gains traction, Nigeria’s economic mainstay, oil, is in the news. Today marks the deadline for oil companies and investors to submit bids to the Nigerian Department of Petroleum Resources for the first marginal oil field award round in two decades. The submission deadline, originally slated for June 14, was extended last week. Nigerian oil...
Morocco will resume domestic flights starting June 25, the state news agency said on Sunday, citing the ministry of tourism, air transport, handicrafts and social economy. Earlier today, the government said it would further loosen lockdown measures for the services sector and domestic transport starting June 24, adding domestic travel would resume including flights and railways. (REUTERS)
Lagos water transportation sector has not had boat accident since the beginning of 2020, the General Manager of Lagos State Water Authority (LASWA), Oluwadamilola Emmanuel, said. Mr Emmanuel attributed the achievement to the continuous improvement in safety guidelines, regulations and enforcement in water transportation sector. “Aside from the periodic check-ups, regular inspection of ferries plying the waterways and the removal of water hyacinth causing obstruction to smooth navigation, LASWA has also donated thousands of lift...
A Chief Magistrates’ Court in Gwagwalada, FCT, on Friday ordered Zenith Bank PLC to reverse 8,541 dollars illegally deducted from the account of one of its customers, Mr Ida Gabriel. Delivering judgment, Magistrate Aliyu Shafa, held the defendant (Zenith Bank Plc) was not able to prove to the court that the said money does not belong to the plaintiff. “Zenith bank should refund to the plaintiff’s account the said money, minus the bank charges if...
The rejection of traditional market leaders — Iyaloja and Babaloja — at Computer Village, Ikeja took another turn when businesses resumed after the unavoidable closure of the larger part of the economy following lockdown directives in Lagos state. It appears the bad relationship between seller associations and the new leadership in the phone and computer hub has become more noticeable due to a request for the payment of monthly dues. Techpoint Africa confirmed from the Iyaloja, Abisola Azeez, and some traders...
AMC Entertainment Holdings Inc on Thursday said it planned to reopen theatres at about 450 locations in the U.S. on July 15 and expected returning to full seating capacity around Thanksgiving. The world’s largest movie theatre operator also said it would reopen the remaining 150 theatres in the country in time for the opening of Walt Disney Co’s “Mulan” on July 24 and Warner Bros.’ July 31 release of “Tenet”. The company said it would...
The Department of Petroleum Resources (DPR) , Osogbo Field Office, has warned members of the Independent Petroleum Marketers Association (IPMAN) against selling petrol above the official pump price. Mr. Olusegun Daboh, DPR Operations Controller, gave the warning in an interview with the News Agency of Nigeria (NAN) on Wednesday in Osogbo. Daboh said the official pump price in which filling stations were allowed to sell petrol was N121.50k and not above N123.50k. According to him,...
The Bauchi State Government on Wednesday announced the slashing of its 2020 fiscal year budget from N167 billion to N128 billion to meet the new realities occasioned by the COVID-19 pandemic. The State Commissioner for Budget and Economic Planning, Mr. Aminu Gamawa, said at a news conference in Bauchi that the decision was as a result of the negative impact of the Coronavirus pandemic on the state’s economy. He said that the new budget...
