General News

Showing: 2721 - 2730 of 2,741 Articles

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 …

I will embark on $10bn empowerment scheme for youths – Atiku

Akure, Nov. 30, 2022 – Alhaji Atiku Abubakar, the Presidential Candidate of Peoples Democratic Party (PDP), has promised to embark on a $10 billion for youth empowerment scheme if voted into power. Atiku made the promise at a rally in Akure on Wednesday to kick-start his campaign in the South-West, saying that the scheme had already been captured in his policy document. “We would set aside enough money to take care of our youths. We would set aside $10 billion as a fund to empower our young women and men. …

Sanwo-Olu commends small-scale businesses for resilience

Lagos, Nov. 30, 2022 – The Lagos State Governor, Mr Babajide Sanwo-Olu,  has commended the resilience of small and medium scale entrepreneurs despite the harsh business environment Sanwo-Olu, who was represented by the state Commissioner for Commerce, Industry and Co-operatives, Mrs Lola Akande, gave the commendation at the closing ceremony of the 2022 Lagos International Trade Fair held yesterday. He commended the exceptional will-power of participants, especially the small and medium entrepreneurs, whose level of participation at the annual exhibition had remained very strong.” Sanwo-Olu said that the realities of the …

Research coy predicts higher 2.7% GDP growth for Nigeria in 2022

Lagos, Nov. 30, 2022 – United Capital Research, a Nigerian research firm, has predicted a 2.7 GDP growth rate for Nigeria in 2022. The research firm gave this projection in its economic outlook for the year, a copy of which was made available to the Global Business News in Lagos on Wednesday. It also predicted that the last quarter of 2022 will record a GDP growth rate of 2.0 percent, describing the 2.3 percent real GDP recorded in the third quarter of 2022 as the eighth consecutive high GDP growth rate …

RT200: Nigerian exporters repatriated $4.98bn in 9 Months – Emefiele

Lagos, Nov. 29, 2029 – Nigerian non-oil exporters repatriated $4.98bn through the CBN $200bn Non-oil Export programme in its first nine months. The apex bank paid exporters N81bn rebate in the course of the programme. The Governor of the Central Bank of Nigeria, Godwin Emefiele, said this at the second edition of the TR200 Bi-annual Conference with theme ‘RT200 Non-Oil Export Programme: The Journey So Far’ held in Lagos on Tuesday. The RT200 is a programme of the Bankers Committee introduced in February 2021 and designed to encourage non-oil exporters …

Anambra to enact laws to check fire outbreaks

Onitsha, Nov. 29, 2022 – Gov. Chukwuma Soludo of Anambra State  says the state government will enact laws and take other measures to reduce fire outbreaks in the state. Soludo said this on Tuesday at the scene of a fire incident on Kano Street beside the Main Market in Onitsha. The governor, who was represented by his Deputy, Onyekachukwu Ibezim,  advised traders to always insure their goods to reduce effects of fire incidents at markets. He said the visit was to physically assess the extent of damage and offer advice …

Minister, industry captains to grace 50th Golden Jubilee celebration of SON

Lagos, Nov. 29, 2022 – The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, will be the Special Guest of Honour at the 50th anniversary celebration of the Standards Organisation of Nigeria (SON) on Dec. 6, 2022. He will be supported by eminent personalities like captains of Industry, heads of ministries, departments and agencies, international development and technical partners as well as operators in business, commerce and industry. A statement by Mrs Foluso Bolaji, the Director of Public Relations in SON, said the company’s Golden Jubilee ceremony would hold …

Buhari advises ECOWAS members to remove colonially inspired differences, boundaries

Abuja, Nov. 28, 2022 – President Muhammadu Buhari has called on members of ECOWAS states to remove physical and psychological boundaries and other colonially-inspired differences for the region to progress economically. The President also advised the ECOWAS parliament on the need to align its programmes to those of the founding fathers of the sub-regional body. Buhari made these calls at the opening of 2022 Second Ordinary Session of the ECOWAS Parliament in Abuja on Monday. He said that the vision of the founding fathers of ECOWAS was to have a …

Tinubu is well qualified for the presidency – Masari

Katsina, Nov. 28, 2022 – Gov. Aminu Masari of Katsina State, says the APC Presidential Candidate, Bola Tinubu, is well qualified to continue with the development strides of President Muhammadu Buhari. Masari said this on Monday this during his conferment as the Grand Patron of the APC Grassroots Governance Group APC G3 in Katsina, He called for the support of Tinubu-Shettima ticket of the APC, saying that Tinubu had the mental capacity to move the country to the next level. The governor commended the various social intervention programmes of President …

FG suspends resumption of Abuja-Kaduna train service

Abuja, Nov. 28, 2024 – The federal government has suspended the resumption of Abuja-Kaduna train services previously scheduled for today. The Minister of Transportation, Mu’azu Jaji Sambo, who was on the train ride from Abuja to Kaduna on Sunday, said resumption of services was no longer feasible today due to some ticketing processes that needed to be sorted out. “The issue of whether the train will start tomorrow or not, we have not said the train services will start tomorrow (Monday). I want to be very categorical about that. “Now, …