Dangote, Sanusi endorse Buhari’s new economic advisory council

Businessam StaffSeptember 19, 2019

Omobayo Azeez Aliko Dangote, president and chief executive officer (CEO) of Dangote Industries Limited, has commended the new Economic Advisory Council (EAC) constituted by president Muhammadu Buhari to advise him on the nation’s economic growth and overall development. In a statement issued Wednesday by Anthony Chiejina, the chief corporate communications officer (CCCO) of the Dangote […]

NEPC says Cross River has comparative advantage to export cocoa, rice

Businessam StaffSeptember 16, 2019

…as dearth of storage, processing facilities hamper growth The Nigeran Export Promotion Council (NEPC), the leading Federal Government agency charged with the responsibility of promoting non-oil exports as the key driver of the Nigerian economy, by working to get Nigerian private sector to engage in product exports, says Cross River State has capacity to engage […]

Wike releases N200m to UniPort’s law faculty, other projects

Ben EguzozieSeptember 13, 2019

Ben Eguzozie, in Port Harcourt Nyesom Wike, the governor of oil rich Rivers State, has said he is supporting the completion of the law faculty complex of University of Port Harcourt with N200 million. The faculty’s building project was started when Wike was minister of state for education. He announced that Rivers would also contribute […]

Airpeace spending N300m to evacuate 630 Nigerians in South Africa

Businessam StaffSeptember 11, 2019

…as South African immigration is accused of frustrating process By Samson Echenim Air Peace says the evacuation of Nigerians from South Africa will cost the airline about N300 million, which include the payment of passenger service charge, aeronautical and other charges in addition to the cost of operation. The airline offered to evacuate 630 Nigerians […]

Telecoms operators push passage of CNI bill as vandalism threatens investment

Businessam StaffSeptember 11, 2019

Omobayo Azeez Providers of telecommunications services in Nigeria have alerted again that continuous attacks on telecommunications infrastructure have continued to put the telecoms investment in the country in jeopardy. According to them, this has been a demotivating factor for the operators to enthusiastically invest more in the sector. Despite the growth in infrastructure that has […]

APC to Buhari: Nationalize MTN now

Businessam StaffSeptember 5, 2019

The All Progressives Congress APC on Thursday came hard on the South African government, accusing it of backing the wave of xenophobic attacks on Nigerians and other Africans in the rainbow nation, and asked the president Muhammadu Buhari administration to take steps to immediately nationalize telecommunications giant, MTN. The party which equally advocated stringent measures […]