Why FG Sells Electricity to Neighboring Countries – NBET

BusinessPowerWhy FG Sells Electricity to Neighboring Countries – NBET

Beloved John (Staff Writer)November 3, 2021

LAGOS — The Nigerian Bulk Electricity Trading (NBET) has disclosed that Nigeria is selling electricity to neighboring countries for strategic reasons. Nnaemeka Ewelukwa, managing director, NBET, said this when he appeared before the house of representatives committee on finance on Tuesday. According to him, only six percent of the electricity generated in the country is sold to neighboring countries. “Nigeria sells electricity to Niger Republic and Benin Republic. Those transactions recent have been more driven...

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Youths Are Nigeria’s Most Strategic Asset – Buhari

JobsLabourYouths Are Nigeria’s Most Strategic Asset – Buhari

Beloved John (Staff Writer)November 2, 2021

ABUJA — President Muhammadu Buhari has said Nigeria’s most strategic assets are the youths. According to him, young citizens are currently the country’s most potent ambassadors. He stated this on Monday in Abuja while declaring open a three-day national youth conference themed, ‘Youth Inclusiveness-Governance, Security and Employment’. Represented by Vice-President Yemi Osinbajo, the president said the youths have been breaking new grounds, records and winning laurels in diverse fields of endeavour across the world. “We...

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CBN to Roll Out eNaira App for Persons Without Bank Accounts

EconomyMoneyNewsCBN to Roll Out eNaira App for Persons Without Bank Accounts

Beloved John (Staff Writer)November 2, 2021

ABUJA — The Central Bank of Nigeria (CBN) is working on providing eNaira applications for persons without bank accounts to boost financial inclusion according to Bitt Inc. Bitt Inc is the CBN’s technical partner for the eNaira project. The fintech company is based in Barbados. Speaking at a recent interview with CoinDesk, Brian Popelka, the chief executive officer (CEO) of Bitt Inc., said the present version of the eNaira app is for people with bank...

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FG Set to Scale Up Contribution of Livestock to GDP, Minister

EconomyFG Set to Scale Up Contribution of Livestock to GDP, Minister

PilotnewsOctober 26, 2021

BENIN — The Federal Government says it will soon roll out plans to scale up the contributions of livestock sub-sector to the country’s Gross Domestic Product (GDP). The Minister for Agriculture and Rural Development, Dr. Mohammad Abubakar, made the disclosure in Benin on Tuesday at the 57th annual congress of the Nigeria Veterinary Medical Association (NVMA). Represented by Dr. Maimuna Habib, the Minister, noted that the Veterinarians have a role to play in this, noting...

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Enugu State Police Command Set To Recruit 10,000 Constables, Examination Details Released

JobsPoliceEnugu State Police Command Set To Recruit 10,000 Constables, Examination Details Released

Ije Ulasi (Regional Correspondent)October 26, 2021

ENUGU — The Enugu State Police Command informs the general public, particularly citizens of the State who applied for the year 2020 Recruitment of Ten Thousand, 10,000, Police Constables into the Nigeria Police Force, of the scheduled dates for Computer-Based Test, CBT. The CBT is organized only for those who are qualified for the examination stage of the exercise hence all the candidates who applied and attended the physical screening exercise in the year 2020,...

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Medical Tourism Straining Nigeria’s Foreign Reserves – CBN

EconomyHealthNewsMedical Tourism Straining Nigeria’s Foreign Reserves – CBN

Beloved John (Staff Writer)October 26, 2021

LAGOS —The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said medical tourism is taking a toll on the country’s foreign reserves. At the launch of Duchess International Hospital, a newly built 100-suit health facility located in Ikeja, Lagos, on Sunday, Emefiele conceded this. He urged private sector operators to invest in medical facilities to improve access to healthcare in the country. “Medical tourism puts a huge strain on our foreign reserves,...

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VAT collection: Rivers Not In A Fight With FG – Wike

EconomyTaxationVAT collection: Rivers Not In A Fight With FG – Wike

Beloved John (Staff Writer)October 25, 2021

ABUJA — Rivers’ Nyesom Wike, has said the state is not in a feud with the federal government over the collection of value-added tax (VAT). Governor Wike said this on Sunday in Abuja at a public lecture to mark the 60th birthday of Ahmed Raji, a senior advocate of Nigeria (SAN). The Federal Inland Revenue Service (FIRS) and some state governments are currently embroiled in a legal tussle over VAT collection. But Wike who was...

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It is Illegal to Use Billboards, Signage in Enugu Without Approval – ENSSAA

BusinessStandards & Consumer ProtectionIt is Illegal to Use Billboards, Signage in Enugu Without Approval – ENSSAA

PilotnewsOctober 24, 2021

ENUGU — Enugu State Structure for Signage Advertisement Agency (ENSSAA) says it is now illegal for any person or group to erect billboards and structure for signage in the state without approval from the agency. The General Manager of ENSSAA, Mr. Ike Ezugwu, stated this on Sunday in an interview with the News Agency of Nigeria (NAN) in Enugu. Ezugwu said the law establishing the agency said licences and permits must be issued to individuals...

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Federal Government Creates Over 74,000 Employment Opportunities For Nigerians

EnvironmentJobsFederal Government Creates Over 74,000 Employment Opportunities For Nigerians

Hassan Umar Shallpella (Regional Correspondent)October 23, 2021

ABUJA — Chief Sharon Ikeazor, Minister of State for Environment says the Federal Government has created 74,413 employment opportunities for Nigerians through the implementation of various environmental projects in the country. She disclosed this on Friday at the closing of the 15th National Council on Environment (NCE) in Abuja, explaining that, the employment opportunities are through effective collaboration of the ministry with other private sector organisations across the country. “The ministry has been able to...

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Nigeria Reported Four Incidents of Piracy in 9 months – NIMASA

BusinessCrime & SecurityNigeria Reported Four Incidents of Piracy in 9 months – NIMASA

Beloved John (Staff Writer)October 21, 2021

ABUJA — The Nigerian Maritime Administration and Safety Agency (NIMASA) has said Nigeria reported four incidents of piracy in the first nine months of 2021. In a statement issued on Wednesday, Bashir Jamoh, director-general of NIMASA admitted this. He noted that the reduction was reflected in the International Maritime Bureau (IMB) third-quarter 2021 report. According to the maritime agency director, the figure represented a 77 percent drop compared to the same period last year. Jamoh...

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