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Buhari Appoints Steering Committee For Petroleum Act

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President Muhammadu Buhari has commenced implementation of the newly signed Petroleum Industry Act (PIA) by approving a steering committee to oversee the process. The steering committee is headed by the Honourable Minister of State, Petroleum Resources, Timipre Sylva. Other members are: Permanent Secretary, Ministry of Petroleum Resources, Group Managing Director, NNPC, Executive Chairman, FIRS, Representative of the Ministry of Justice, Representative...

BEWARE: Criminals Increasingly Using Cryptocurrencies

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Criminals in Italy and Germany are increasingly making use of cryptocurrencies, according to the customs directorate in Bonn, Germany. “The use of cryptocurrencies for online payment in the context of criminal offences is clearly on the rise,’’ the directorate said in a recent statement. According to investigators’ findings, in most cases, the perpetrators use Bitcoin and the currency Monero. READ ALSO: Germany...

Yahaya Bello Lauds Buhari For Recognising Kogi As Oil Producing State

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Gov. Yahaya Bello of Kogi has expressed the state government’s appreciation to President Muhammadu Buhari recognizing it as one of the Oil-producing states. This is contained in a statement by Mr Onogwu Muhammed, Chief Press Secretary to Bello on Wednesday. ”Gov. Bello conveyed his thank you message to Mr President during his visit to the Presidential Villa, Abuja, on Tuesday. ”Kogi was...

FG Commences Skill Acquisition Training In South-East Zone

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The Federal Government has commenced the training of youths and unemployed in the South-East zone, in various Skills as an alternative to white collar jobs. Dr Chris Ngige, the Minister for Labour and Employment, while flagging off the training in Owerri, Imo State capital, noted that Skills education would equip them with self-employment and self-reliant skills that would serve them...

FG To Promote Digital Economy, Inclusive Development

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Minister of finance, budget and national planning, Zainab Ahmed has stated that the federal government would promote industrial digital economy, inclusive and economic development. This was announced on Tuesday by Zainab Ahmed at the West Africa Business Forum, themed; “Empowering women and youths to spur Africa’s transformation agenda” in Lagos. She noted that inclusive economic development is a core element of...

CBN Postpones e-Naira Launch

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The Central Bank of Nigeria (CBN) has announced the postponement of the proposed launch of its digital currency, e-Naira. A statement by apex bank’s Director of Communications, Mr Osita Nwanisobi, said that the launch, which was earlier scheduled for Oct. 1, was postponed due to other activities lined up to commemorate the country’s 61st independence anniversary. Nwanisobi said that the CBN...

Agriculture, Youth Vocational Training, Enyimba Economic City Top Agenda As Ikpeazu Meets French Minister

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Abia State Governor, Dr Okezie Ikpeazu, has canvassed for greater cooperation between the State and the French Government to help develop the agriculture sector, micro small, and medium scale enterprises as well as the Enyimba Economic City Project. Speaking in Paris during a meeting with the French Minister For Trade and Commerce, Franck Riester, Governor Ikpeazu who applauded the existing...

Buhari Says His Government Took Painful Decisions To Invest For Prosperous Future, Insists Pain ‘Short Term’

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President Muhammadu Buhari has explained how his administration took painful decisions to invest for a prosperous future of all Nigerians. Speaking on Tuesday in Saudi Arabia at an investment conference organised by the Future Investment Initiative Institute, the Nigerian leader said upon assuming office in 2015, his government understood the importance on inclusive policies for sustainable peace. “In the past six...

Trade Fair: Benjamin Kalu Hails Made-In -Aba Products (Photos)

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The Member representing Bende federal Constituency and the Spokesperson of the House joined the Made in Aba Trade Fair in Abuja with an assurance of facilitating access to loan facilities for the artisans. At the trade fair which commenced on the 8th of November, 2021 at the FCT Sports Centre, Area 10, the federal lawmaker was welcomed cheerfully by the...

Emirati Minister Insists It’ll Be Unreasonable To Retain Air Peace Slots At Sharjah Airport After Nigeria-UAE Row

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Amid the ongoing diplomatic fireworks between Nigeria and the United Arab Emirates, the Emirati Minister of Economy, Abdulla Bin Touq Al Marri, has said that it is unreasonable for the Arab nation to retain the slots of Nigeria-based Air Peace airline at the Sharjah International Airport. The minister, who is also the chairman of the General Civil Aviation Authority in...

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