Development
Development
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MOFI, BPE forge alliance to optimize FG’s assets
Kunle Sanni The Ministry of Finance Incorporated (MOFI) and the Bureau of Public Enterprises (BPE) have entered into a collaborative partnership aimed at bolstering the federal government’s asset management and investment prospects. The agreement, witnessed by the Deputy Chief of Staff to the President (Office of the Vice President), Ibrahim Hadejia, at the Presidential Villa in Abuja on Tuesday, is…
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Tinubu’s policies important, but implemented wrongly, says Obasanjo
Former President Olusegun Obasanjo said President Bola Tinubu’s policies on fuel subsidy elimination and exchange rates were important but “wrongly implemented.” Obasanjo’s assessment comes as Tinubu’s government launches festivities to commemorate his one-year anniversary. The Ota farmer focused on three administrative decisions: gasoline subsidies, exchange rates, and dealing with the military takeover in Niger Republic. According to his media adviser,…
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NDDC inaugurates Edo Electricity sub-station
The Niger Delta Development Commission (NDDC,) has inaugurated the 1×15MVA 33/11KV electricity injection substation it built in Amufi, Ikpoba-Okha Local Government Area in Benin City, Edo State. Speaking at the commissioning ceremony, the NDDC Managing Director, Dr Samuel Ogbuku, re-stated the Commission’s resolve to fully comply with President Bola Ahmed Tinubu’s directive that all on-going projects were completed and commissioned.…
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Fight against crude oil theft has been a huge success, says Nigerian Navy
Kunle Sanni The Nigerian Navy has given itself a pass in its fight against the problem of crude oil theft which is highly prevalent in the oil rich region of the south-south of the country. The Navy Chief of Policy and Plans Joseph Akpan said this Monday the Naval Headquarters Abuja ahead of the NN 68th Anniversary Celebrations 2024, scheduled…
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NSIB releases fresh preliminary report on Dana Air incident
The Nigerian Safety Investigation Bureau (NSIB) has released the preliminary report on the incident involving an MD 82 aircraft belonging to Dana Air which skidded off the Lagos airport runway on April 23, 2024. The report revealed how severe vibration accompanied by a loud noise from the NLG area of the aircraft was noticed and on reaching 80 knots, the…
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Senator Natasha meets SMEDAN DG, seeks priority for local industries development
The Chairman Senate Committee on Local Content, Senator Natasha Akpoti-Uduaghan, on Thursday, met with the Director General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Charles Odii, to encourage the growth of local factories and the manufacturing of made-in-Nigeria products. The meeting, also attended by Senator Ede Dafinone, Vice Chairman of the Senate Committee on Local Content, focused on…
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Shettima tasks NEC Human Capital Committee to deliver tangible results
Vice President Kashim Shettima on Friday inaugurated the revamped National Economic Council (NEC) Human Capital Development (HCD) Steering Committee with a charge to the new committee to solemnly deliver tangible results in the three core pillars of health and nutrition, education, and labour force participation. According to the vice president, the federal government reconstituted the committee to reflect the new…
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Ajaokuta Steel: Minister engages Russian Consortium to revive plant
….Plans visit to Moscow to secure required funding for revitalisation of plant The Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu, has engaged a consortium led by the original developers of Ajaokuta Steel Company Limited (ASCL), Tyamzhpromexport (TPE), to revive the steel plant. The Minister, who met with the consortium comprising a team from Russia’s TPE/Rostec, Novostal, and Nigeria’s…
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NASENI, NIPSS collaborate to enhance digital economy, job creation
The National Agency for Science and Engineering Infrastructure (NASENI) and the National Institute for Policy and Strategic Studies (NIPSS), Kuru, Plateau State are set to collaborate on enhancing Nigeria’s digital economy footprints, empowering and creating jobs for millions of youths. The Executive Vice Chairman and Chief Executive Officer (EVC/CEO), NASENI, Mr Khalil Suleiman Halilu, disclosed this while welcoming participants of…
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FG partners AU to formulate blue economy strategy
The Federal Government is teaming up with the African Union (AU) through the African Union – Interafrican Bureau for Animal Resources (AU-IBAR) to formulate a comprehensive Blue Economy Strategy for Nigeria. The Minister of Marine and Blue Economy, Mr. Adegboyega Oyetola, shared this information during a workshop with stakeholders in Abuja on Monday. They discussed important topics to focus on…
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