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Gov Udom presents 2 aircraft to Ibom Air
Governor Udom Emmanuel of Akwa Ibom State has presented two aircraft to Ibom Air to drive the ongoing expansion of the airline’s operations. The two Airbus A320-200 were said to have been procured from GetJet Airlines UAB (operating as GETJET), a European aircraft leasing company, on a one-year wet-lease agreement. The new addition brings the fleet to seven aircraft: five Bombardier CRJ At the presentation of the new aircraft, Governor Udom said the state government has invested in air transportation to diversify its economy. Udom, who also used the opportunity …
FAAC shares N736.78bn to FG, states, LGs
Abuja, Nov. 23,2023 – The Federation Account Allocation Committee (FAAC) has shared N736.782 billion from the October 2022 Federation Account Revenue to the federal government, states and local government councils. This is contained in a communiqué issued at the end of the Federation Account Allocation Committee (FAAC) meeting for November 2022. The N736.782 billion total distributable revenue comprised distributable statutory revenue of N417.724 billion, distributable Value Added Tax (VAT) revenue of N213.283 billion, Exchange Gain revenue of N5.775 billion and N100.000 billion Augmentation from Non-oil Revenue In October 2022, the …
Buhari unveils new naira notes
Abuja, Nov. 23, 2022 – President Muhammadu Buhari today unveiled the new naira notes as proposed by the Central Bank of Nigeria. He unveiled the new currency notes at the Federal Executive Council (FEC) meeting at the State House, Abuja. The central bank announced that it would redesign the naira notes in order to control the amount of currency in circulation, manage inflation and combat counterfeiting. “These challenges primarily include significant hoarding of banknotes by members of the public with statistics showing that over 85 percent of currency in circulation …
Afreximbank and DB renew partnership for development of African railways
Abidjan, Cote d’Ivoire, Nov. 23, 2022 -The African Export-Import Bank (Afreximbank) has renewed a partnership agreement with South Africa-based Thelo DB Proprietary Limited (Thelo DB) and signed a Memorandum of understanding (MoU) to support railway corridor and network development, operations, including the opportunity to expand infrastructure and enhance operational efficiencies of existing networks. The MoU, which was first entered into in 2019, aims to promote trade and investment flows on the continent through coordinated intervention in Africa’s railway sector. The MoU was signed on the side-lines of the recently concluded Africa Investment Forum …
Court orders INEC to resume voter registration
Abuja, Nov 22, 2021 A Federal High Court in Abuja on Tuesday ordered the Independent National Electoral Commission to immediately resume the Continuous Voters Registration until 90 days before the 2023 general elections. Justice Inyang Ekwo, in the judgment, also directed INEC to ensure that eligible Nigerians were not deprived of the opportunity to have their voter card for the forthcoming poll. Justice Ekwo held that it was the constitutional responsibility of the electoral umpire to make adequate provision for the exercise in accordance with the Nigerian laws. “The case …
Lim inaugurates new NIMASA headquarters
Lagos, Nov. 22, 2022 The Secretary General of the International Maritime Organization (IMO), Mr. Kitack Lim today commissioned the ultra-modern headquarters of the Nigerian Maritime Administration and Safety Agency (NIMASA) on Victoria Island, Lagos. Speaking during the inauguration of the building, the IMO Secretary General expressed confidence in the leadership of the transport sector of Nigeria, while also extolling the dynamic role of the Minister of Transportation, Engr. Mu’azu Jaji Sambo, and the heads of the various parastatals under the supervision of the Transportation Ministry. While applauding the initiative of …
Court orders INEC to resume voter registration
A Federal High Court in Abuja on Tuesday ordered the Independent National Electoral Commission to immediately resume the Continuous Voters Registration until 90 days before the 2023 general elections. Justice Inyang Ekwo, in the judgment, also directed INEC to ensure that eligible Nigerians were not deprived of the opportunity to have their voter card for the forthcoming poll. Justice Ekwo held that it was the constitutional responsibility of the electoral umpire to make adequate provision for the exercise in accordance with the Nigerian laws. “The case of the plaintiffs succeeds …
Interogate all presidential candidates – Obi
Lagos, Nov. 21, 2022. Mr Peter Obi, the Presidential Candidate of Labour Party has advised Nigerian to investigate all the presidential candidates in the 2023 to determine their suitability for the office. Speaking at the Nigerian Guild of Editors Forum in Lagos on Monday, Obi said many of the presidential candidates lacked the requisite qualifications for the office. He advised that all the past activities of the presidential candidates should be probed to know their real character, competence, ability and their commitment to do the right things while in office. The …
Investigate all presidential candidates – Obi
By Tajudeen Atitebi Lagos, Nov. 21, 2022. Mr Peter Obi, the Presidential Candidate of Labour Party has advised Nigerians to investigate all presidential candidates in the 2023 elections to determine their suitability for the office. Speaking at the Nigerian Guild of Editors Forum in Lagos on Monday, Obi said many of the presidential candidates lacked the requisite qualifications for the office. He advised that all the past activities of the presidential candidates should be probed to know their real character, competence, ability and their commitment to do the right things while …
I have no plan to step down for Atiku – Kwankwaso
I have no plan to step down for Atiku – Kwankwanso Lagos, Oct. 20, 2022 Senator Rabiu Musa Kwankwaso, the Presidential Candidate of New Nigeria Peoples Party (NNPP) says he has no plan to step down for Alhaji Abubakar Atiku, the Presidential Candidate of PDP in the 2023 elections. Kwakwaso, said this at a Nigerian Guild of Editors Forum in Lagos on Sunday, stressing that the idea was that of “wishful thinkers”. He said that those having such notion at this period were wrong since all the parties had submitted their candidates …