The Board of Directors of the African Development Bank (AfDB) has approved its third equity investment of $40 million in Africa Infrastructure Investment Fund (AIIF3). AIIF3 is a closed-ended pan-African infrastructure fund managed by South Africa-based Africa Infrastructure Investment Managers (AIIM). AIIM is one of Africa’s most experienced infrastructure fund managers. The Fund will focus […]
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The Federal Government has approved the sum of N60 billion to support rice production in the country and crash its market price ahead of the festive period. Minister of Agriculture, Audu Ogbeh, disclosed this to State House correspondents on Tuesday at the end of the National Food Security Council in Abuja. “The government has approved […]
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President Muhammadu Buhari has confirmed the appointment and reappointment of some heads of parastatals. This was disclosed in a statement issued by Olusegun Adekunle, Permanent Secretary (General Services Office), Office of the Secretary to the Government of the Federation on Friday in Abuja. He appointed Folashodun Shonubi as the Deputy Governor, Central Bank of Nigeria […]
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The Minister of Transport, Mr Rotimi Amaechi, has said that efforts have begun to demolish parts of Lagos Ports terminals to give way for both ongoing construction of standard and narrow gauge rail lines. Amaechi disclosed this while inspecting the five terminals at Lagos Ports at Apapa on Thursday. “We have enjoined the Project Implementation […]
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The Atiku Campaign Organisation has accused President Muhammadu Buhari of deliberately covering up unemployment figures to protect his re-election bid. In a statement on Thursday, the organisation accused the Buhari-led administration of deliberately not providing funds for the National Bureau of Statistics (NBS) to release the report which is long overdue. Yemi Kale, the statistician-general […]
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The Nigeria Labour Congress (NLC) says its members will not be intimidated by threat from the Nigeria Governors Forum (NGF) to sack workers if the new national minimum wage of N30,000 is implemented. Ayuba Wabba, NLC president, said this in a statement issued on Thursday in Abuja. The governors had said paying N30,000 new minimum […]
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The Academic Staff Union of Universities (ASUU) says it is ready to negotiate with the federal government over the ongoing industrial action. Biodun Ogunyemi, national president of ASUU, disclosed this to journalists on Wednesday. The union commenced an indefinite strike on November 5. Ogunyemi said the decision was taken due to the poor funding of […]
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Four seismic stations are to be established to monitor Earth tremor and quake in the Federal Capital Territory (FCT). The Nigerian Geological Survey Agency (NGSA) will established the seismic stations. Alhaji Abubakar Bwari, the Minister of State, Mines and Steel Development, made this known while inaugurating the NGSA earthquake monitoring command and control centre sited […]
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The National Agency for the Control of AIDS (NACA) says the Nigerian HIV/AIDS Trust Fund will be functional by March 2019. The Director-General of NACA, Dr Sani Aliyu, announced this at the 2018 Civil Society Organisations Accountability Forum. The forum was themed: “Domestic Resource Mobilisation: Increasing Public and Private Sector Investment”, on Tuesday in Abuja. […]
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The former National Security Adviser Col. Sambo Dasuki (rtd) has berated the Federal Government over his continued detention and disobedience to various court orders that admitted him on bails. Dasuki in a strongly worded letter he personally signed and addressed to the Registrar of the Federal High Court Abuja vowed to boycott any proceeding for […]
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