Author: darelasisi@gmail.com
Nov. 4, 2019 (NAN) The Chief of Army Staff, Lt.-Gen. Tukur Buratai, says production of the first set of Mines Resistant Ambush Protected (MRAP) vehicles by the Nigerian Army Command Engineering Depot in Kaduna has reached 80 per cent completion. Buratai disclosed this during the inspection of work at the depot in Rigachikun, Kaduna State on Monday. He disclosed that that the decision to go into local production of combat vehicles nicknamed ‘Ezugwu MRAP’, was to deploy local content and technology to support army operations. Buratai said that the first set of MRAPs would be rolled out soon, adding that…
The Niger Delta Development Commission (NDDC) says it will no longer pay contractors for shoddy and substandard jobs. Dr Akwagaga Enyia, the Acting Managing Director of NDDC, gave the warning while inspecting the 15-kilometre Ajowa-Akunnu Akoko Road in Ajowa, Akoko North-West Local Government area of Ondo State, on Monday. The News Agency of Nigeria (NAN) reports that the 15-kilometre virgin road being constructed by the NDDC would connect many communities from Ajowa, through Akunnu to Kaaba in Kogi State and Abuja. The NDDC Chief Executive Officer stressed that there would be no payment for sub-standard jobs, stating that contractors must…
A 35-year-old man Sunday Williams was on Monday brought before an Ado-Ekiti Chief Magistrates’ Court, for allegedly stealing tubers of yam, valued at N20,000. Williams, whose address was not given, is facing one-count charge of stealing. The Prosecutor, Insp. Caleb Leranmo, told the court that the defendant committed the offence on Nov. 1, at 6.00 a.m. at Idi Agba, off Ilawe Road, Ado-Ekiti. He said the defendant went to the farm of one Mr Folorunso Omotosho, and stole tubers of yam valued at N20,000. Leranmo noted that the offence contravened Section 390(9) of the Criminal Code, Laws of Ekiti State,…
Nigeria is at the threshold of the much-needed agricultural revolution, as food production remains a significant challenge all over the world, hence whilst, Heritage Bank Plc is forming alliance to further create formidable partnership arrangements with Sumitomo Corporation that will lead to impactful agribusiness within the segments of the agricultural value chain. This relationship that is focused on mechanisation and agribusiness will complement the efforts of the Central Bank of Nigeria’s (CBN) to fast track development of the agricultural sector and enhance national food security. L-R: John Gbassa, CEO/MD of WAO Global Trading Ltd; Koji Shirotani, Divisional Manager, Sub-Sahara Africa Business…
The Federal Government says it will support the 650,000 barrels per day capacity Dangote Refinery and Petrochemicals Plant with crude oil feed stock and other necessary inputs to ensure the success of the project. The Minister of State for Petroleum Resources, Chief Timipre Sylva, made the pledge in a statement issued by Mr Samson Makoji, the Acting Spokesman for the Nigerian National Corporation (NNPC) in Abuja on Monday. The minister, accompanied by Group Managing Director of NNPC, Malam Mele Kyari, and other members of the corporation’s top management, spoke during a tour of the Dangote Refinery, being constructed by the…
Guinness Nigeria Plc emerged the lowest performing stock on the Nigerian Stock Exchange (NSE) for the month of October in percentage terms. Data obtained by the News Agency of Nigeria (NAN) reports that the stock lost 29.85 per cent to close at N23.85 per share against the opening price of N34. Mr Ambrose Omordion, the Chief Operating Officer, InvestData Ltd., attributed Guinness’ loss to poor earnings performance released by the company during the period under review. Omordion said that sell pressure by investors in the market in October contributed to Guinness’ decline. It was trailed by PZ which dipped 21.43…
Mr John Adeleke, Chairman, Oyo State Internal Revenue Service (OYSIRS), has disclosed that the state’s monthly internally-generated revenue (IGR) has moved from N1.3 billion to N2.7 billion. Adeleke made the disclosure on Monday at a press briefing organised by a group known as ‘Friends of Seyi Makinde’, held at the Ministry of Information, Secretariat, Agodi, Ibadan. He said that OYSIRS would build on the progress already recorded, adding “we intend to keep on with this trajectory and follow the steady growth until we are able to double the IGR from where we met it, within our first year in office.…
By Tony Obiechina, Abuja The thorny issue of the recent closure of Nigeria’s borders came to the fore again on Monday as discussants at an economic conference expressed divergent views on the government’s policy. The Special Adviser to the President for Economic Matters in the Office of the Vice-President, Dr Adeyemi Dipeolu and Senator Shehu Sani took opposing positions on the impact of the border closure on the nation’s economy. It was at the African Economic Congress with theme, “Building the Africa We Want,” held at the Musa Yaradua Center in Abuja. The Federal Government had in August closed its…
The Peoples Democratic Party (PDP) has denied reports in a section of the media suggesting that it plotted to retain the zoning of its presidential slot in the North East and South East. The Party National Publicity Secretary, Mr Kola Ologbondiyan addressing a news conference on Sunday in Abuja, described the reports as mere speculation. Ologbondiyan said those behind the reports were political terrorists whose plan was to mislead the public and cause disaffection within the ranks of the PDP with the hope of using such fabrications to further their own selfish political ambitions. He urged all PDP members and supporters to ignore those seeking to…
The Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, has approved the deployment of three of the commission’s national commissioners and seven Resident Electoral Commissioners (REC) to Kogi. Alhaji Ahmed Biambo, Head, Voter Education and Publicity Department, in Lokoja office of the INEC, announced this to News Agency of Nigeria (NAN) on Monday. He mentioned the three national commissioners to include Alhaji Mohammed Haruna, Chief Solomon Soyebi and retired AVM Ahmed Mu’azu. According to him, the affected RECs are Malam Ibrahim Abdullahi, Prof. Riskuwa Sheu and Mr Emeka Ononamadu from Bauchi State, Kano State and Enugu State…