Anambra Assembly Passes 2021 Appropriation into Law

EconomyNewsNigeriaPoliticsAnambra Assembly Passes 2021 Appropriation into Law

Ebuka Onyekwelu (Staff Writer)December 8, 2020

Anambra State House of Assembly has today passed the 2021 Anambra State Appropriation Bill into law. The Anambra State Appropriation Bill was presented to the Assembly by Governor Willie Obiano exactly one month and four days ago, during which occasion the members assured the governor of speedy action to ensure timely passage into law. Therefore, for many observers, this is a promise kept. A Budget size of N143, 661, 871, 651 for the services of...

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FG Announces Reduction of Petrol Price to ₦162.44 Per Liter

BusinessNewsNigeriaOil & GasFG Announces Reduction of Petrol Price to ₦162.44 Per Liter

Bada Yusuf Amoo (Correspondent)December 8, 2020

The Federal Government has announced a reduction in the pump price of premium motor spirit, also known as petrol, from ₦168 to ₦162.44 per liter with effect from December 14. This was disclosed by the Minister of Labor and Employment, Dr. Chris Ngige, after a meeting with labor leaders which began around 9pm on Monday and ended at 1:30am on Tuesday. The product is presently dispensed at ₦168, following the decision of the Petroleum Products...

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Nigeria’s Foreign Trade Bill Stands at N23.2trn -NBS

EconomyNewsNigeriaNigeria’s Foreign Trade Bill Stands at N23.2trn -NBS

PilotnewsDecember 7, 2020

The total value of Nigeria’s merchandise trade from January to date is to N23.2 trillion, while trade in the third quarter of 2020 (Q3 2020) stood at N8.37 trillion. The National Bureau of Statistics (NBS) said this in its “Foreign Trade in Goods Statistics Q3, 2020” published on its website on Monday. According to the report, the Q3 figure represents an increase of 34.15 per cent, compared to Q2, but a decline of 8.85 per...

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Strike Continues Until FG Pays Withheld Salaries – ASUU

EducationJobsNewsStrike Continues Until FG Pays Withheld Salaries – ASUU

Bada Yusuf Amoo (Correspondent)December 7, 2020

The Academic Staff Union of Universities (ASUU) has said that the strike will continue until the Federal Government paid all the salaries of its members it withheld. The ASUU President, Professor Biodun Ogunyemi, said this on Sunday in a telephone conversation with journalists in Lagos. He said government should not expect the lecturers to resume without paying the withheld salaries. On November 27, there was a report that the union had agreed to end its...

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Sasakawa : Women Farmers Commend NGO for Provision of Seedlings, Training

AgricultureBusinessNewsNigeriaSasakawa : Women Farmers Commend NGO for Provision of Seedlings, Training

Ibrahim Abdul' Aziz (Correspondent)December 6, 2020

By Ibrahim Abdul’Aziz, Regional Correspondent ______ Women farmers in Maiganga Community in Gombe state, have commended Sasakawa Africa Association (SAA), a Non Governmental Organisation for providing them with improved soybeans seedlings while also training them on soybean processing. Speaking  in Maiganga community, Akko Local Government Area of Gombe state, the farmers were appreciative for the gesture. Magdalene Isiaku, a soybeans farmer said “ I am very happy today because I am now richer after harvest...

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FG Approves N3000 to N6000 for Lagos-Ibadan Train Charges

BusinessNewsNigeriaFG Approves N3000 to N6000 for Lagos-Ibadan Train Charges

Bada Yusuf Amoo (Correspondent)December 5, 2020

The Federal Government has said that the charges on the new Lagos-Ibadan rail standard gauge would be between N3000 to N6000. The Minister of Transportation, Rotimi Amaechi, disclosed this during an inauguration of the Governing Council of the Chartered Institute of Transport Administration of Nigeria (CIOTA) in Abuja on Friday. The new train would begin operation by January, 2021. The minister said, “I have received the mandate of President Muhammadu Buhari to inaugurate the Lagos/Ibadan...

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Governor Mohammed Distributes 655 Keke Napep (Okada), 154 Commercial Motor Vehicles

BusinessJobsNewsGovernor Mohammed Distributes 655 Keke Napep (Okada), 154 Commercial Motor Vehicles

Hassan Umar Shallpella (Regional Correspondent)December 4, 2020

By Hassan Umar Shallpella, News Correspondent _____ To improve transportation system in Bauchi State, Governor Bala Abdulkadir Mohammed has distributed 655 units of Keke Napep under the second phase of the initiative and 154 units of commercial motor vehicles for the improvement of transport system in the state. Presenting Keke and the vehicles to the beneficiaries in Bauchi, the governor said the exercise was part of his administration’s readiness to give citizens the opportunity to...

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New Vehicle Loading Terminal Open In Yola Town

EconomyInfrastructureNewsNew Vehicle Loading Terminal Open In Yola Town

Hassan Umar Shallpella (Regional Correspondent)December 4, 2020

By Hassan Umar Shallpella, News Correspondent ____ In its effort to expand the loading terminals, the Adamawa State Transport Board operators of “Sunshine Express” has open a new terminal in Yola town loading passengers from Yola to Jalingo, Abuja, Kano, Bauchi, Jos among others. Commissioning the terminal, Adamawa State Commissioner for Transport Adamawa State Alhaji Mustapha Jika said the terminal is aim at boosting the transportation activities in the state He called on residents of...

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FEC Approves N487m for Automation of Federal Mortgage Bank

BusinessMoneyNewsFEC Approves N487m for Automation of Federal Mortgage Bank

PilotnewsDecember 3, 2020

The Federal Executive Council presided over by President Muhammadu Buhari has approved N487 million for the procurement of a banking application software for the Federal Mortgage Bank of Nigeria. Minister of Works and Housing, Babatunde Fashola, made the disclosure at the end of the meeting of the Council in Abuja on Wednesday. Fashola expressed the hope that the introduction of the software would boost the efficiency of the mortgage bank, in line with modern banking...

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FG to Sanction Discos Selling Meters

BusinessInfrastructurePowerFG to Sanction Discos Selling Meters

PilotnewsDecember 3, 2020

The Federal Government has said it would sanction any electricity distribution company or its representatives selling meters or asking Nigerians to pay money to get the item. The Special Adviser to the President on Infrastructure, Mr. Ahmed Zakari, gave the warning at a stakeholders’ engagement on electricity tariff, organised by the FGN/NLC-TUC Ad-hoc Committee. Zakari said, “We have made it clear through the regulator’s direct order as well as the intervention from the Ministry of...

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