Новости за 15.05.2023

The Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed, has said that the National Development Plan (2021-2025) has been designed to secure the future of Nigeria, including satisfying the requirements for the attainment of the Sustainable Development Goals 2030. According to her, the NDP would ease constraints that had hindered the economy from

Rising oil thefts and workers’ strikes have led to a huge drop in Nigeria’s oil production output, culminating in the loss of hundreds of billions of naira in oil earnings, OKECHUKWU NNODIM reports Crude oil production in Nigeria crashed by over nine million barrels between March and April 2023, leading to a cumulative revenue loss

In this interview with EDIDIONG IKPOTO, the President of the Advertisers Association of Nigeria, Osamede Uwubanwmen, speaks on how the new advertising law recently unveiled by the Advertising Regulatory Council of Nigeria will affect the industry, among other salient issues. Recently, there was a court ruling that quashed the power of the Nigerian Broadcasting Commission.

An investment firm, Emerging Africa Capital Limited, has announced the redemption of N1.13bn Series 1 commercial paper issued November 2022 on the FMDQ Securities Exchange Limited. This was disclosed in a statement issued by the firm on Sunday. It stated that the 182 days Series I commercial paper was issued at a discount rate of

The Chief Judge of Lagos State, Justice Kazeem Alogba, has urged the 18 newly-appointed magistrates in the state to raise the bar of justice, noting that they are joining the bench at a time “when the reputation of the judiciary in general is almost at its lowest ebb.” The Chief Judge, who pointed out that

The Director of Media and Publicity for the dissolved All Progressives Congress Presidential Campaign Council, Bayo Onanuga, in this interview with ADEBAYO FOLORUNSHO-FRANCIS, bares his mind on how the ex-Lagos State governor plans to tackle Nigeria’s debt burden and fuel subsidy removal, among other issues There was outrage, especially from critics and opposition parties, over

Engineers in the building environment have been urged to develop capacity for the fourth industrial revolution. A professor of Agricultural and Food Engineering at the University of Uyo, Akwa Ibom State, Akindele Alonge, led the charge at the Fellows’ Forum of the Nigerian Academy of Engineering held virtually in Lagos. Alonge said personal upgrades in

A former governor of Akwa Ibom State, Senator Godswill Akpabio, has said he expects the number of lawmakers supporting his ambition to be the President of the 10th Senate to rise to 86 by June. Akpabio, who currently has the backing of the ruling All Progressives Congress for the seat, said this when he led

•TUC warns govs to pay workers’ arrears, experts flay jumbo packages No fewer than 18 outgoing state governors will retire into lives of luxury with generous pension benefits despite mounting debts and unpaid workers’ salaries. The PUNCH investigations showed that the governors, who will hand over to their successors on May 29, 2023, would be

The Grooming Endowment Trust has said it will grant 15 micro, small and medium enterprises N12.5m for business growth. A statement by the organisation said this would kick-start the second edition of its MSME grant programme, titled ‘Grooming endowment trust compass grant’. It added that through the provision of financial support and essential skills, the

Stransact (Chartered Accountants), the correspondent firm of RSM, a global accounting and auditing firm in the world, has recommended tax related reforms for the government to improve and sustain the economy. During a media briefing, the firm’s partners set agenda on tax reforms for the incoming administration, ahead of May 29 inauguration of President-elect of

Stocks investors lost N136bn at the end of trading last week on the Nigerian Exchange Limited. Suffering a dip which saw mixed sentiments was the All-Share Index, which depreciated by 0.48 per cent or 250.69 base points to close at 52,214.62 on Friday. All other indices finished higher except for NGX Main Board, NGX 30,

The Institute of Hospitality, UK – Nigeria Region, has expressed concern over the Federal Capital Territory Administration’s plan to register, license, and grade hotels and other tourism establishments operating in Abuja. In a statement, the institute decried the ensuing conflicts in the decision of the FCTA to undertake the exercise and the provisions of the

The Comptroller of Immigration, Lagos State Border Patrol Command, Seme, Chukwuemeka Obua, has said leadership succession and mentorship are lacking in the nation’s public service. Obua, who made the statement during his pull-out ceremony on Wednesday, said the lack of leadership succession was responsible for tenure elongation in the public service, adding that the lack

…. Aribo, Onuachu out, …. Iwobi, Awoniyi, Iheanacho, Ndidi, Dennis battle for survival With two weeks to the end of the 2022/23 football season in England., the race for survival is getting intense as some clubs battle to swim out of the relegation waters after Southampton were relegated on Saturday. Nottingham Forest, Leicester City, Leeds

The Embassy of Nigeria in Cairo, Egypt, is to facilitate the transfer of Nigerian students from Sudanese universities to Egyptian universities. The embassy, in a statement on Sunday, said this was in the light of requests by both parents and students caught in the ongoing conflict in Sudan. The embassy said that it was collaborating

The Special Adviser to Mr Governor on Local Government And Community Affairs, Mr Bolaji Robert, has urged community media practitioners to always convey messages and information that is accurate and factual. According to a statement issued by the state government, Robert gave the advice during a meeting with a team from the Association of Practitioners

Troops of the Multinational Joint Task Force operating in the Lake Chad Basin Region have neutralised some terrorists and recovered heavy weapons. A statement on Sunday by the MNJTF spokesman, Lt. Col. Kamarudeen Adegoke, revealed that the latest successes were recorded under the renewed onslaught on the terrorists, code-named “Operation Harbin Kunama” (Scorpion sting). It

Turkey braced Monday for its first election runoff after a night of high drama showed President Recep Tayyip Erdogan edging ahead of his secular rival but failing to secure a first-round win. Erdogan sounded triumphant as he emerged before a sea of supporters shortly after midnight to proclaim himself ready to lead the nation for

The Chairman/Chief Executive Officer of E.F. Network Limited, Mr. Gideon Egbuchulam, has kicked against the alleged maltreatment of e-hailing drivers by foreign companies in Nigeria. Speaking with journalists on Friday, Egbuchulam noted that foreign companies charge Nigerian drivers high fees and hardly attend to their complaints and needs. He said, “Frankly speaking, I was touched

The Socio-Economic Rights and Accountability Project has urged the World Bank “to suspend any disbursement of the $800m loan to the Federal Government and to request the incoming administration to provide satisfactory explanations for the loan.” Noting that the regime of the President, Major General Muhammadu Buhari (retd.), will wind down by May ending, SERAP

The Lagos State Government has stressed the need for more effective collaboration and partnership among all regulatory public procurement agencies in the country. This is expected to assist in ensuring efficient resource management at all levels of government and enhance compliance with international best practices in procurement in the country. The Director-General, Lagos State Public

Barcelona secured the Spanish La Liga title for the first time since 2019 on Sunday. The Catalan giants invested heavily last summer, sacrificing future income in order to bolster the squad and earn major silverware quickly. Xavi Hernandez’s side beat Real Madrid to win the Spanish Super Cup in January and clinched the league title

The popular Agbeni Market in the Ibadan North West Local Government Area of Oyo State, on Sunday morning, went up in flames. PUNCH Metro gathered that the fire started around 4.30am. It was further learnt that goods worth millions of naira were lost to the fire. The General Manager of the State Fire Service, Yemi

Former Chief of Army Staff, Lt. Gen Tukur Buratai, has said Nigerians already felt defeated psychologically by Boko Haram terrorist activities and propaganda before his appointment as COAS. The situation, he said, was not unconnected to the terrorists’ powerful propaganda machinery and bombings of critical venues. He said the venues included United Nations House, the