MARITIME SECTOR WILL CREATE PLENTY JOBS-GBEMISOLA SARAKI_Ada Nkong

September 24, 2019 Francisca OgarLeave a comment

The Minister of state for transportation Gbemisola Saraki says the Maritime sector in Nigeria is capable of drastically reducing unemployment. Speaking to journalist on the sidelines of an inspection tour of the Lagos-Ibadan expressway alongside the Minister of transportation, Rotimi Amaechi Saraki reiterated her commitment to revamping the sector . "We need to ensure that… Continue reading MARITIME SECTOR WILL CREATE PLENTY JOBS-GBEMISOLA SARAKI_Ada Nkong

Transportation

FG APPROVES MONEY FOR EXTRA WORK ON LAGOS-IBADAN RAIL_Ada Nkong

September 23, 2019September 23, 2019 Francisca OgarLeave a comment

The Minister of transportation ,Rotimi Amaechi has expressed disatisfaction with the progress being made by the CCECC on the building of stations along the Lagos- Ibadan rail. The Minister who spoke after the monthly steering committee meeting and inspection of work on the railway says for the Ibadan-Kano rail which is the next phase of… Continue reading FG APPROVES MONEY FOR EXTRA WORK ON LAGOS-IBADAN RAIL_Ada Nkong

ECONOMY

ORGANISED LABOR THREATENS STRIKE_Ada Nkong

September 23, 2019 Francisca OgarLeave a comment

Organised Labour said, yesterday, that only the personal intervention of President Muhammadu Buhari can stop the planned nationwide strike over consequential adjustments arising from the N30,000 new minimum wage. The warning came on a day Minister of Labour and Employment, Dr. Chris Ngige, told newsmen in Enugu that the Federal Government has commenced partial implementation… Continue reading ORGANISED LABOR THREATENS STRIKE_Ada Nkong

ECONOMY · FINANCE

FRESH $2.5BN WORLD BANK LOAN: FG IN TALKS_Femi Ehiabhi

September 20, 2019 Ehiabhi FemiLeave a comment

The Federal Government and World Bank are in talks for as much as $2.5 billion in a new tranche of concessionary lending to Nigeria, the bank’s Vice President for Africa Hafez Ghanem has said. In the past year Nigeria received $2.4 billion from the World Bank, Ghanem said in an interview with Bloomberg in Abuja… Continue reading FRESH $2.5BN WORLD BANK LOAN: FG IN TALKS_Femi Ehiabhi

ECONOMY

HOUSE OF REPS URGES CBN TO SUSPEND CASHLESS POLICY_Ada Nkong

September 19, 2019September 19, 2019 Francisca OgarLeave a comment

The house of reps has urged the Central bank to suspend the cashless policy till further notice. A tweet on the official handle of the speaker House of representaives Femi Gbajabiamila says this is to give time for "appropriate and comprehensive consultation" to be made. The apex bank had come up with charges for deposits… Continue reading HOUSE OF REPS URGES CBN TO SUSPEND CASHLESS POLICY_Ada Nkong

ECONOMY

P&ID VOWS TO SEIZE NIGERIA’S ASSETS_Ada Nkong

September 19, 2019September 19, 2019 Francisca OgarLeave a comment

Process & Industrial Developments Limited has said it will continue its efforts to identify and seize Nigerian assets. The British firm, on August 16, 2019, won a $9.6bn UK court judgement against the Nigerian government over a failed gas deal signed in January 2010. The company said the President Muhammadu Buhari administration continued to show… Continue reading P&ID VOWS TO SEIZE NIGERIA’S ASSETS_Ada Nkong

Aviation

SECOND RUNWAY AT NAIA IN THE BUDGET-SIRIKA_Ada Nkong

September 13, 2019September 13, 2019 Francisca OgarLeave a comment

The Minister of Aviation Hadi Sirika says there has been budgetary provision for the construction of a second runway at the Nnamdi Azikiwe International Airport, Abuja. Sirika said this in his office in Abuja on Thursday while playing host to executive officers of the National Air traffic controllers Association. The minister said, “Regarding the second… Continue reading SECOND RUNWAY AT NAIA IN THE BUDGET-SIRIKA_Ada Nkong

Transportation

FG APPROVES 5.3 BILLION DOLLARS FOR IBADAN-KANO RAIL_Ada Nkong

September 12, 2019 Francisca OgarLeave a comment

The federal government has approved the $5.3 billion Ibadan to Kano standard guage rail project. The Minister of Transportation, Rotimi Amaechi,disclosed this Thursday at the ongoing Third Maritime Stakeholders Interactive Forum in Lagos. A statement signed by his media aide, Israel Ibeneme reports Amaech as saying, “we got approval to complete the $5.3bn Ibadan to… Continue reading FG APPROVES 5.3 BILLION DOLLARS FOR IBADAN-KANO RAIL_Ada Nkong

Aviation

BRITISH AIRWAYS STRIKE:PILOT SPEAKS ON REASONS

September 10, 2019September 10, 2019 Francisca OgarLeave a comment

An anonymous British Airways pilot has shared why they chose to participate in today’s strike action, despite the airline's proposed pay rise of 11.5 per cent over three years, in The Guardian. They wrote: In the past 10 or 20 years, pilot workloads have significantly increased – as is the case across much of the… Continue reading BRITISH AIRWAYS STRIKE:PILOT SPEAKS ON REASONS