BUSINESS
2023: North Determines Next President, Will Be Asked To Vote Atiku – Primate Ayodele
Primate Elijah Ayodele of the INRI Evangelical Spiritual Church has made another revelation regarding the 2023 presidential election. He stated that the Peoples Democratic Party, PDP, presidential candidate Atiku Abubakar, would be asked to vote in the North. Primate Ayodele revealed in a statement signed by his media aide, Osho Oluwatosin, that the 2023 election will be based on ethnicity and...
FG Changes Aviation Ministry’s Name, States Reasons
The Federal Government on Wednesday renamed the Ministry of Aviation to the Ministry of Aviation and Aerospace. The Minister of Aviation, Hadi Sirika said that aviation and aerospace were intertwined and Nigeria had the need to proactively set its policies to align with future occurrences. The Minister made the announcement at the sidelines of the Federal Executive Council meeting presided over...
₦5.548 Trillion Available To Fund 2020 Budget – Finance Minister
The Minister of Finance, Zainab Ahmed, revealed that the amount available for funding the 2020 Budget is now estimated at N5.548 trillion while briefing the leadership of the National Assembly on Thursday. ABN TV reports that the minister also spoke on the plan by the federal government to amend the N10.59 trillion 2020 budget passed by the National Assembly in...
433,000 Nigerians, Businesses To Get N50,000, N30,000 Each – FG
Tola Johnson, Special Assistant to President Muhammadu Buhari on Micro Small and Medium and Medium Enterprises(MSMEs), says 100,000 small businesses will get N50,000 each. NAN reports that the gesture is part of COVID-19 economic stimulus. The presidential aide made the announcement at the inauguration of the Implementation of Survival Fund and Guaranteed Off-Take Stimulus Schemes for MSMEs on Thursday in Abuja. Johnson,...
Kogi State Govt Talks Tough, Vows To Seal Banks Rejecting Old Naira Notes
The Kogi State government has threatened to close banks, arrest and prosecute anyone rejecting the old naira notes for transactions in the state. This was disclosed in Lokoja on Friday in a statement signed by Kingsley Femi Fanwo, the Commissioner for Information and Communications. The state government directed that those rejecting old notes for business transactions in the state should be...
No More Airports’ Concession, National Carrier, Aviation Minister Keyamo Declares
Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, has suspended airports’ concession and national carrier. Both airports concession and national were major projects under the aviation roadmap implemented by the immediate past administration of President Muhammadu Buhari. But speaking during a tour of the Murtala Muhammed International Airport (MMIA) in Lagos, his first tour of the busiest airport in Nigeria...
Cash Withdrawal Limit: We’re Concerned About CBN Policy — Senate
Senators have expressed reservations over the new policy of the Central Bank of Nigeria (CBN) on cash withdrawals. The apex bank, under the new withdrawal policy, restricted the maximum cash withdrawal over the counter (OTC) by individuals and corporate organisations per week to N100,000 and N500,000 respectively. The Senate Minority Leader Phillip Aduda (PDP, FCT) had, during Wednesday’s plenary called the...
N200/SCM Vs N1,000/Litre Petrol: Tinubu Introduces CNG As Cheaper Alternative To Petrol
President Bola Tinubu says Nigerian motorists now have the option of buying fuel at N1,000 per litre or gas equivalent at N200 per Standard Cubic Meter. Tinubu made this known during a meeting with executives of the Nigerian Independent Petroleum Company (NIPCO) at the State House in Abuja, on Tuesday. During the meeting, Tinubu acknowledged NIPCO’s role as a critical player...
Fuel Scarcity: Abia Govt Directs IPMAN To Resume Supply Or Risk Sanction
Following the scarcity of petroleum products that has hit Abia, over withdrawal of supply by tanker drivers, the state government has directed the drivers under the Independent Petroleum Marketers Association of Nigeria (IPMAN) to immediately resume supply or face sanction. This is contained in a release on Saturday signed by the Secretary to the State Government, Barr. Chris Ezem. The state...
NDE Trains 50 Zamfara Youths On Agriculture, Goat Production
The National Directorate of Employment (NDE) Zamfara State has commenced another round of skill acquisition programme in the post Sustainable Agricultural Development Training Scheme (POST-SADTS) for 50 youths and small stock (goat) production for 50 youths. The programme is designed by the Federal Government under the National Directorate of Employment (NDE) to curb mass unemployment. Declaring the training opened, the NDE...
