Imo joins Ekiti to slash RoW telecoms charges to N145 as Uzodimma signs executive order
Omobayo Azeez
May 21, 2020
By Omobayo Azeez Imo State, a subnational in the Eastern part of the Nigeran federation, Wednesday joined Ekiti State in the southwest, to slash the controversial Right of Way (RoW) charges for telecommunication companies in the country. Hope Uzodimma, the state governor, signed an executive order that will now see the charges for RoW in […]
FG, states, LGs share N606bn dividend from national income in April
Businessam StaffMay 20, 2020
The national government known more widely as federal, along with the two sub-nationals, state and local governments shared over N606 billion as dividends from the income of the people of Nigeria in the month of April. Meeting virtually, as Covid-19 safety measures prevents meetings in large groupings, the committee responsible for the sharing, without […]
10-years after, Nigerians raise expenditure on food, non-food items by over 95%
Businessam StaffMay 20, 2020
2009/2010: N21.62trn 2019/2019: N40.20trn Within a ten-year period, Nigerians appetite for foods and non-food household consumption spending rose by over 95 percent from N21.62 trillion to N40.20 trillion, figures computed by the Nigerian Chief Statistician office has shown. Released recently, the Yemi Kale-led National Bureau of Statistics revealed that Nigerians have been raising their consumption […]
Ogunsola, former FMBN director, canvasses N200bn special agricfund to employ youths for farming
Businessam StaffMay 19, 2020
Bola Ogunsola, a former executive director of the Federal Mortgage Bank of Nigeria, has suggested that the Nigerian government should take a radical full-scale youth employment into agriculture in its drive to diversify the economy. Ogunsola, who holds a doctorate degree, said he supports the diversification agenda into the agricultural sector, but that he would […]
NASC outlines 16-points action plan to sustain seeds supply to farmers
Phillip IsakpaMay 19, 2020
Says 81,000mts of certified seeds ready for deployment Enjoins farmers not to abandon their farms The National Agricultural Seeds Council (NASC) at the weekend said it has mapped out a 16 points action plan to sustain the supply of certified seeds to farmers during the cropping season, announcing also that the seeds supply value […]
Telecoms RoW: Focus shifts to 35 state governors, as Ekiti’s Fayemi slashes charges by 96%
Omobayo AzeezMay 18, 2020
By Omobayo Azeez Experts in the Nigerian telecoms industry are mounting pressure on state governors in Nigeria to honour the sanctity of right of way (RoW) charges agreement for deployment of telecoms infrastructure across their states. The lingering RoW issue was raised again after Kayode Fayemi, governor of Ekiti State, issued an executive order demanding […]
Total E&P seeks fresh lockdown waiver from Rivers governor, carrying more donations in tow
Ben EguzozieMay 12, 2020
…other oil majors expected to follow suit As Governor Nyesom Wike’s total lockdown and 24-hour curfew further hamstrings what is left of the economy of Port Harcourt, Nigeria’s oil capital, thereby driving down the operations of most of the international oil companies in the country, Total E&P, the French oil giant with operations in Nigeria […]
NSIA expands national healthcare intervention with MedServe, Equilease
Onome AmugeMay 10, 2020
By Onome Amuge In a significant step towards providing citizens with access to world-class healthcare, the Nigeria Sovereign Investment Authority (NSIA), managers of Nigeria’s sovereign wealth fund, has launched two flagship companies, NSIA Advanced Medical Service Ltd (MedServe) and Equilease Systems Limited (Equilease), aimed at advancing healthcare delivery in the country. This […]
COVID-19: Oil-rich state governor tackles Nigeria government over fears pandemic could escalate on hypocrisy
Ben EguzozieMay 9, 2020
intercepts 9 trucks laden with livestock, grains, 200 persons from the north puts trucks up for auctioning, while quarantining persons The regional governor of Nigeria’s oil-rich Rivers State, Nyesom Wike, who has lately taken on a combative posture with the country’s central government in the face of the novel coronavirus pandemic that has killed hundreds of thousands of people across the […]
Rivers governor puts Port Harcourt on 24hr lockdown, as $25bn state economy lay prostate
Ben EguzozieMay 5, 2020
… warns UPTH medical director …oil, gas firms to pre-submit entry requests before flights …commits 188 persons to prison over executive order violation Governor Nyesom Wike of Rivers State on Monday took his hard-stance, combative disposition in administration to ultra levels as he announced a 24-hour dusk-to-dawn curfew and a total lockdown of the entire […]