MR. Salvatore Sciacchitano, the representative of Italy has been announced as the Sixth International Civil Aviation Organisation (ICAO) Council President after an election of the 36-member council which he won with 19 votes against his closest contestant, Captain Aysha Alhameli of United Arab Emirates who got 13 votes. ICAO in a statement released said, “The… Continue reading SCIACCHITANO SUCCEEDS ALIU AS ICAO PRESIDENT_Ada Nkong
Category: ECONOMY
LAGOS IBADAN RAILWAY READY 2020-AMAECHI_Ehiabhi Femi
Minister of Transportation, Hon. Chibuike Amaechi, has stated that the Lagos-Ibadan Railway project will be completed in April 2020. The Minister also reassured that test-running of the train would commence by the end of November 2019. Recall that the Minister had promised free train rides between Lagos and Ibadan during the Yuletide season. According to… Continue reading LAGOS IBADAN RAILWAY READY 2020-AMAECHI_Ehiabhi Femi
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ENTREPRENEURS DECRY LACK OF SUPPORT FOR BUSINESS SHOWS_Ada Nkong
A group of young entrepreneurs, under the auspices of Hype Communications, expressed concern over the lack of interest in and support for intellectual and business shows in the country. The entrepreneurs have also called on corporate organisations, government and non-governmental agencies to support entrepreneurs and programmes that support entrepreneurship. The entrepreneurs lamented that the Micro,… Continue reading ENTREPRENEURS DECRY LACK OF SUPPORT FOR BUSINESS SHOWS_Ada Nkong
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WE ARE CONCERNED ABOUT THE LAGOS TO ABEOKUTA HIGHWAY-FASHOLA
The minister of Works and Housing, Babatunde Fashola, has said that the trans-saharan roads linking Abuja with Algiers in Algeria will be completed in three years. Mr Fashola said this during a joint inspection visit to the on-going Abuja-Keffi-Akwanga-Lafia-Markudi and the Abuja-Kaduna roads which are part of the trans-saharan roads. The inspection was part of… Continue reading WE ARE CONCERNED ABOUT THE LAGOS TO ABEOKUTA HIGHWAY-FASHOLA
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CANNABIS CULTIVATION IN NIGERIA IS STILL ILLEGAL_Ehiabhi Femi
Col. Muhammad Abdallah (rtd.), Chairman, National Drug Law Enforcement Agency (NDLEA), says cultivation of cannabis remains a heinous offence under Nigeria’s Laws. This was contained in a document issued on Thursday at the end of the two-day National workshop on the implementation of 2019 Ministerial Declaration of the Commission on Narcotic Drugs (CND) in Abuja.… Continue reading CANNABIS CULTIVATION IN NIGERIA IS STILL ILLEGAL_Ehiabhi Femi
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AIR TRANSPORT CONTRIBUTES 6.2M JOBS, $55.8BN TO AFRICA’S GDP – ICAO _Ada Nkong
The President of International Civil Aviation Organisation (ICAO) Council, Dr. Bernard Aliu says African aviation industry is one of the fastest growing today and currently supports 6.2 million jobs and contributes $55.8 billion to Africa’s gross domestic product (GDP). Aliu stated this at the 50th anniversary celebration of the African Civil Aviation Commission (AFCAC) in… Continue reading AIR TRANSPORT CONTRIBUTES 6.2M JOBS, $55.8BN TO AFRICA’S GDP – ICAO _Ada Nkong
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BAN TEXTILE IMPORT FOR 5 YEARS_Ehiabhi Femi
The Senate on Tuesday appealed to the Federal Government to ban importation of textiles for a period of five years to allow for the production of local textiles. This followed the debate on a motion sponsored by Senator Kabir Barkiya (APC-Katsina Central) during plenary session on “Urgent need to revamp the nation’s comatose textile industry”.… Continue reading BAN TEXTILE IMPORT FOR 5 YEARS_Ehiabhi Femi
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OPEC: OIL PRICE MAY SLUMP BELOW $50
With their next meeting just weeks away, OPEC and its partners are showing no impetus for stronger action to support oil prices. But without intervention, some influential forecasters say a new supply glut could send the market crashing early next year. Crude prices, trading at about $62 a barrel in London, may tumble almost 30%… Continue reading OPEC: OIL PRICE MAY SLUMP BELOW $50
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BANGLADESH HIGH COMMISSIONER CALLS FOR STRONGER BUSINESS TIES_Ada Nkong
The President Lagos Chamber of Commerce and Industry , Mr Babatunde Ruwase has urged the Federal government to provide platforms for business men to talk to themselves. Mr Ruwase made the call during his address at an interactive session organized by the Bangladesh high commission in Lagos. According to Ruwase " Nigeria is keen to… Continue reading BANGLADESH HIGH COMMISSIONER CALLS FOR STRONGER BUSINESS TIES_Ada Nkong
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