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INEC fixes Dec. 12 to Jan. 22 for collection of PVCs

Lagos, Dec. 3, 2022 – The Independent National Electoral Commission(INEC) has scheduled between Monday, December 12 and Sunday, January 22 as the collection dates of PVCs in all the 774 local government area offices of the commission across the country. The commission gave this directive in a statement at the weekend. It said that it had also resolved to devolve the PVC collection to the 8,809 Registration Areas/Wards from Friday, January 6th to Sunday, January 15th, 2023. “Those that are unable to collect their PVCs at all the local government offices …

General News Politics

FG refunds N625.43bn to oil producing states

Abuja, Dec. 2, 2022 – Nine oil-producing states in the country received N625.43 billion made up of 13 percent oil derivation, subsidy and SURE-P refunds from the Federation Account in two years. Garba Shehu, the Senior Special Assistant to the President on Media and Publicity, said this today in a statement in Abuja. He listed the nine beneficiary states as Abia, Akwa-Ibom, Bayelsa, Cross River, Delta, Edo, Imo, Ondo and Rivers. The statement said that N1.1 trillion was still outstanding. Sheu promised that the Buhari administration would continue to render …

General News

NANS declares nationwide protest over student’s tweet

Lagos, Dec. 2, 2022 – The National Association of Nigerian Students (NAN) has declared nationwide protest to demand the release of Aminu Mohammed, a student of a federal university in Dutse, Jigawa State, who was arrested and sent to prison over a tweet on Aisha Buhari, wife of the President Muhammadu Buhari. NANS President, Usman Barambu,  said in a statement on Thursday that the protest, which would commence on Monday, would be indefinite until Mohammed regained freedom. NANS had earlier apologised to the wife of the president, while also calling for …

General News Politics

Budget Padding: “we are waiting for formal response from ministry of finance” – Farouq

Abuja, Dec. 2, 2022 – Hajia Sadiya Farouq, the Minister of Humanitarian Affairs, says her ministry is still waiting for a formal response from  the Ministry of Finance on the N206 billion meant for security weapons found in her ministry’s budget. She said had written to seek clarification on the issue and was waiting for response from the ministry of finance, budget and national planning. Farouq, who appeared before the Senate Committee on Special Duties on Thursday, said she did not allege that the finance minister padded the budget, but she …

Manufacturing/Industry

LASG calls for enforcement of safety standards in work places

Lagos, Dec. 1, 2022 – Mr Lanre Mojola, the Director General of Lagos State Safety Commission, today called for enforcement of safety standards at all work places in Lagos. He made the call at an Environmental and Safety Seminar organised in collaboration with the Manufacturers Association of Nigeria (MAN), Apapa Branch. The seminar had the theme: ‘Seamless Environmental Regulations in Lagos State’. Mojola decribed the forum as an interesting engagement where manufacturers and government regulatory agencies talked towards ensuring accident reduction at work places. He said that everyone must imbibe …

Manufacturing/Industry

Manufacturers predict factory shutdowns as GDP growth slows

Lagos, Dec.1, 2022 – The Manufacturers Association of Nigeria (MAN) today said the negative growth of the sector’s Gross Domestic Product might discourage potential investors from investing in the sector. The Nigerian Bureau of Statistics (NBS) 2022 third quarter GDP report recently released said the sectors’ GDP declined further to 8.59 per cent from 8.96 per cent in the second quarter of 2022. MAN reacted to the NBS report by issuing its own position paper where it said the GDP statistics would send unfavorable signals to potential investors in the …

General News Investment Oil and Gas

Nigeria’s Export processing zones attracted $47bn investments in 30 years – official

Abuja, Dec.1, 2022 – Export processing zones in Nigeria have attracted $467 billion worth of investments over the past 30 years.   Prof. Adesoji Adesugba, the Managing Director of Nigeria Export Processing Zones Authority (NEPZA) and Sen. Tijjani Kaura, the Chief Executive of Oil and Gas Free Zones Authority (OGFZA),  said this at the 30th anniversary of free trade zones scheme in Nigeria on Wednesday in Abuja. Adesugba said trade zones being regulated by NEPZA attracted over 30 billion dollars investments since inception of the scheme in 1992, while Kaura …

General News Manufacturing/Industry

Research: Presidential panel selects 25 firms for $10.5m Nigeria/Czech projects

Abuja, Dec.1, 2022 – Twenty five firms have been shortlisted the Presidential Implementation Committee (PIC) on Technology Transfer/Information for the over $10.5 million research projects exchange between Nigeria and Czech Republic. President Muhammadu Buhari has approved for the National Agency for Science and Engineering Infrastructure (NASENI to invest N2 billion (about $5.7 million) in profitable manufacturing and commercialisation of successful research products. NASENI will also serve as a partner with any willing company on such products. The agency’s Executive Vice Chairman, Prof Mohammad Sani Haruna, said this during while results …

General News Politics

Some public servants earn bigger salaries than President Buhari – RMAFC

Lagos, Dec. 1, 2022 – Mohammed Sheu, the Chairman of Revenue Mobilisation and Fiscal Commission (RMAFC), says some public servants earn higher salaries than President Mohammadu Buhari. Sheu said this while speaking on Thursday morning on Channels Television. “The salary of Mr President is not up to N1,300,000 a month…the allowances of the President are factored into that salary.  “In 2008, that was considered a big money but now, there are people in the private sector and public sector that earn twice, three times, four times.” Shehu said some staff …

Politics

N500bn Development Fund: Senate committee threatens CBN governor, others

Abuja, Dec. 1, 2022 – The Senate Ad-hoc Committee on uneven disbursement of N500 billion Development Fund by Development Bank of Nigeria on Wednesday threatened to arrest CBN Governor Godwin Emefiele and three others for failing to honour its invitation. The three others are Managing Director of Bank of Industry, Olukayode Pitan, Managing Director of Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Aliyu Abdulhamid; and Director General of Small and Medium Enterprises Development Agency of Nigeria ( SMEDAN), Olawale Fasanya. Senator Sani Musa (APC Niger East), the Chairman …