Nigeria to open new consulate in Benin Republic – Envoy

Nigeria would soon establish a consulate in northern part of Benin Republic to provide diplomatic services to its citizens in the area, Nigeria’s Ambassador in Cotonou, Kayode Oguntuase, has said.He told the News Agency of Nigeria (NAN) on Thursday in Cotonou that the new consulate would be established to meet diplomatic and consular needs of Nigerians in that country. Read more

Mop-up Of Illegal Arms In Nigeria

The unrelenting gun attacks on defenceless Nigerians seem to have spurred the Inspector General of Police, Ibrahim Kpotun Idris, into action to retrieve illicit arms in circulation. This is a laudable step following the shocking report that Nigeria is awash with 350 million illegal small arms and light weapons. What it means is that the undocumented guns in the hands of unauthorized persons considerably. Read more

FG set to resell Yola Disco, Afam Power to new investors

The Federal Government is set to offer two key power firms, Yola Electricity Distribution Company and Afam Power Plc, for sale to new core investors, The Punch reports.For the Yola Disco, this will be the second time the government will be selling the firm which covers Borno, Adamawa, Yobe and Taraba States. It was also learnt that the first core investor in the Yola Disco, Integrated Energy Distribution and Marketing Company, had yet to be paid back the $146.8m it invested for 51 per cent stake in the firm about three years after it exited through the declaration of force majeure. Read more

Lebanese Interior Minister Blames Iranian Meddling for Crisis in Arab World

Lebanese Interior Minister Nouhad al-Mashnouq said on Thursday that Iran’s expansion in the region “is one of the reasons for the security and political crisis in the Arab world.”He stressed: “Lebanon is a Lebanese responsibility, but it has been an Arab responsibility for several years and their first line of defense.” He made his remarks during the 35th Arab Interior Ministers Conference that was held in Algeria. Read more

 

Africa’s population explosion worries African Development Bank

The African Development Bank (AfDB) and its East and North African governors have stressed the need for urgent measures to match the continent’s growing population and youth unemployment, which they likened to a “ticking time bomb.” In a March 7 AfDB statement, the governors who had met for a two-day consultation described the continent’s growing young population as a potential growth engine for the world. Read more

Egina Probe: Senate summons BP over $3.3bn oil deal

Chairman, Senate Committee on Local Content, investigating local content elements on Egina Oil field, Senator Solomon Adeola, APC, Lagos West, while summoning the Chief Executive Officer of BP oil limited, Mr. Robert Dudley, said the summon became imperative following complaints from a Nigerian firm, Alsaa Gas and Shipping Nigeria Limited, AGSN, on a $3.3 billion pre-financing crude oil contract, a probable infraction of the NOGICD Act 2010 and possible fraudulent acts against a Nigerian firm might have occurred. Read more

UTME 2018: Candidates call for transparency in admission process

A typical Computer-Based Test ( CBT ) centre for the Unified Tertiary and Matriculation Examination ( UTME ) scheduled to begin on Friday, March 9 nationwideSome Unified Tertiary and Matriculation Examination ( UTME ) candidates in FCT are optimistic that the 2018 exercise would end in their favour, having prepared well ahead.The candidates, who spoke in separate interviews with our reporter at a Computer Based Test ( CBT ) centre on Thursday in Bwari, Abuja, also called for transparency in the admission process. Read more

 

JUST IN: IBB University in Niger goes on strike (REASONS)

The Academic Staff Union (ASUU) of IBB University Lapai, has embarked on a one week warning strike over non payment of N530 million accrued academic allowances.Dr Salahu Lawal, the ASSU Chairman of the institution told the News Agency of Nigeria (NAN) in an interview in Lapai on Thursday that the strike was also a protest over other unresolved issues.According to him, the union and Niger Government had agreed on the payment of the N530 million accrued allowances in January. Read more

 

 

 

NECO to remit N1.2bn to TSA —Registrar

The management of National Examination Council, NECO, has reiterated the preparedness of the body to remit N1.2 billion to Treasury Single Account, TSA, at the end of its examinations season this year.
Registrar/Chief Executive of NECO, Professor Charles Uwakwe, who disclosed this during an interactive session with newsmen, yesterday, in Abuja, said the agency remitted about N320 million and N350 million to the TSA in 2016 and 2017, respectively. Uwakwe, who said remitting up to a billion naira to the Federation Account will gladden the hearts of all stakeholders, however, lamented that some state governments were indebted to the body to the tune of N3.2 billion. Read more

Women entrepreneurs making headway in SA – Mastercard

Johannesburg – While South Africa has made progress in reducing the gender bias for women engaging in early stage entrepreneurial activities, the number of women business owners remains constrained by a lack of entrepreneurial intent, perceived business opportunities, and shortage of support and resources such as capital and training, according to findings from the second Mastercard Index of Women Entrepreneurs (MIWE). Read more