New Imo finance commissioner first assignment from governor is to raise IGR
Dikachi Franklin
3 hrs
By Dikachi Franklin, in Owerri Governor Hope Uzodinma of Imo State has given a herculean task to Chuck Chukuemeka, the new commissioner of finance, to bring out all that is in his arsenal and work towards a sharp spike in the state’s internally generated revenue (IGR). The work is seen as a herculean task because of […]
COVID-19: NDDC votes N1.045bn to assist oil producing states to fight pandemic
Ben Eguzozie11 hrs
…shuts down operations As the Coronavirus pandemic pounds nations around the world, with Nigeria receiving daily infections of the dreaded virus, the Niger Delta Development Commission (NDDC) says it will commit over one billion naira to assist the nine oil-producing states in the Niger Delta region in the fight against the COVID-19. Kemebradikumo Pondei, a […]
COVID-19 lockdown: Rivers happy with market closures, citizens compliance level
Samson EchenimMarch 30, 2020
…as $25bn state economy is under virus siege Rivers State Governor, Nyesom Wike says he is satisfied with the complete closure of all markets and entry points into the state, following his announcement of a lockdown of the state over the spread of coronavirus pandemic. By weekend, several hundreds of markets across the state, including […]
Transformation of real sector looms in Owerri
Dikachi FranklinMarch 27, 2020
NNAMDI IWUOHA, an engineer, is the president of JLN Construction Services, USA, with its headquarters in Baltimore, Maryland. It has its affiliate in Nigeria, JLN Builders Nigeria Limited, with its office at Teachers House, Port Harcourt Road, Owerri, Imo State where CHIMA IFEKWE, sits as the vice president. IFEKWE spoke to Business a.m.’s DIKACHI FRANKLIN, […]
NEPZA to remodel Calabar Free Trade Zone into viable industrial park
Ben EguzozieMarch 27, 2020
… power supply hindering growth Nigeria Export Processing Zones Authority (NEPZA), the regulatory body for industrial free zones in the country, says it would upgrade the Calabar Free Trade Zone (CFTZ), Nigeria’s premier free zone, into a world class industrial estate. The Calabar FTZ was inaugurated in 2001 as Nigeria’s first attempt at joining […]
NEPZA to remodel Calabar Free Trade Zone into viable industrial park
Ben EguzozieMarch 19, 2020
… power supply hindering growth Nigeria Export Processing Zones Authority (NEPZA), the regulatory body for industrial free zones in the country, says it would upgrade the Calabar Free Trade Zone (CFTZ), Nigeria’s premier free zone, into a world class industrial estate. The Calabar FTZ was inaugurated in 2001 as Nigeria’s first attempt at joining […]
N1bn monthly pension debts put strains on Abia finances
Ben EguzozieMarch 19, 2020
… Retirees say they’re owed 32 months’ arrears Abia State, an oil-producing Nigerian sub-national with a 2016 estimated gross domestic product (GDP) in excess of $12.5 billion is straining under rising monthly pension indebtedness to its retired workers. The state government has begun a biometric data capture for all pensioners in the state. Aham Uko, commissioner […]
NDDC delays completion of new head office on COVID-19 pandemic
Ben EguzozieMarch 17, 2020
Federal Government quango, Niger Delta Development Commission (NDDC) announced that it would no longer put up its incoming headquarters, a 13-floor structure, for inauguration by President Muhammadu Buhari by end of the month, citing the Coronavirus pandemic as reason. Cairo Ojougboh, acting director of projects of the commission, said they were accepting the main […]
Elechi, CEO Vintage Group, NPOM award holder speaks on reasons for fishing festival
Dikachi FranklinMarch 10, 2020
By Dikachi Franklin, in Owerri In the southeast and south-south regions of Nigeria, Mike Elechi an engineer and chairman/chief executive officer of Vintage Group of Companies in Elele, Rivers State does not need much introduction; reason is that he is an industrialist and a renowned farmer and the name of the company is a house […]
Customs Area 1 Command Port Harcourt strains to meet N83.1bn revenue target
Ben EguzozieMarch 10, 2020
Must realize N250m daily, as port largely suffers from policy neglect The Area 1 Command of Nigeria Customs Service (NCS), Port Harcourt is clearly under heavy strain to meet the revenue target of N83.1 billion for the 2020 fiscal year, given to it by its national command in Abuja. The new target translates to a […]