Imo State concessions over 27 hospitals after spending N30bn to build, renovate them
Dikachi Franklin
9 hrs
By Dikachi Franklin, in Owerri What may be seen as world class hospitals by structures only, built by the out-going government led by Governor Rochas Okorocha of Imo State have been leased to private bodies under private public partnership (PPA). The 27 new hospitals built by the out-going government and the renovated ones, which were […]
Nigeria legislators threaten to arrest bank CEOs for non-remittance of stamp duties
Businessam StaffMay 15, 2019
The House of Representatives ad hoc committee investigating non-remittance of stamp duties funds into the federation account has threatened to issue bench warrant for the arrest of chief executive officers of banks and other agencies that failed to appear before it. The committee is investigating non-remittances of stamp duties, amounting to trillions of naira into […]
Transparency International says more than half of Nigeria’s education budget lost to corruption
Businessam StaffMay 15, 2019
Transparency International says 66 per cent of the money Nigerian governments allocate to education is stolen by corrupt officials. The international organisation stated this in a new report titled: “Corruption in Education Systems in West Africa.” The group presented the report at its sub-regional meeting on Wednesday in Abuja as part of the policy papers […]
Delta set to increase funding for water, sanitation, as Nigeria’s urban area piped water drops to less 10%
Ben EguzozieMay 9, 2019
Delta State, with a sub-national gross state product estimated at $20 billion, is set to increase funding in providing water and sanitation in the next four years under a Water Supply Sanitation and Hygiene services (WASH), the governor, Ifeanyi Okowa stated in Asaba, the state capital. Governor Okowa is also declaring a state of emergency in the […]
FG inaugurates NBS board, warns against unnecessary interference
Businessam StaffMay 9, 2019
The federal government on Thursday inaugurated the governing board of the National Bureau of Statistics. The inauguration was done by the minister of budget and national planning, Udo Udoma. Udoma told the board members that they should see their appointments as a call to national service, adding that the NBS is critical to the implementation […]
Wike opens criminal trial of indicted ex-commissioners over N34.5bn syringe factory
Ben EguzozieMay 8, 2019
…former health, finance commissioners to face criminal trials …factory could produce one billion syringes per annum Governor Nyesom Wike of Rivers State has opened criminal prosecution of two indicted former commissioners in the state who allegedly had a hand or two in the collapse of a N34.5 billion state-owned auto-destruct syringe factory at Rumosi, […]
Okorocha inaugurates 7-man implementation committee for new tertiary institutions
Dikachi FranklinApril 18, 2019
By Dikachi Franklin, in Owerri A 7-man Implementation Committee for the commencement of academic activities in the six new universities, four polytechnics and two colleges of education built by the out-going government in Imo State has been inaugurated. The higher institutions would take care of Imo indigenes and other Nigerians who are qualified for university […]
Dangote: 60% northerners live in extreme poverty
Businessam StaffApril 4, 2019
Aliko Dangote, Africa’s richest man and President of Dangote Group, Thursday lamented that 60 per cent of the people in the North live in extreme poverty. He charged the governors of the 19 northern states to wake up from their slumber and tackle the high rate of poverty in their region. Dangote, who threw the […]
LASG appoints Teju Abisoye as LSETF’s acting executive secretary
Businessam StaffApril 4, 2019
Akinwunmi Ambode, the Lagos state governor, has appointed Teju Abisoye as the acting executive secretary (ES) of the Lagos State Employment Trust Fund (LSETF) with effect from April 1st, 2019 pending confirmation by the Lagos State House of Assembly. Prior to this appointment, Abisoye was director of programmes and coordination at the LSETF. In this […]
INEC restates commitment to conduct free, fair supplementary election in Kano
Businessam StaffMarch 15, 2019
By Jacob Ajakaiye, in Kano Independent National Electoral Commission, INEC`s office in Kano has affirmed its readiness to conduct a free, fair and credible governorship supplementary election come next Saturday (March 23rd) in the state . The commission said the supplementary elections would determine the winner of Kano state governorship election, explaining that cases of […]