Economy
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FG, PWC to partner on Solid Minerals Roadmap
The Federal Government, through the Ministry of Solid Minerals Development, will work with foremost consulting firm, PricewaterhouseCoopers (PwC), to execute the policies under the seven point roadmap to transform the sector. Receiving the PWC partner on mining , Mr. Habeeb Jaiyeola in his office, Minister of Solid Minerals Development commended the company for its role in the just-concluded Nigerian Mining…
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Ag FIRS Chairman seeks Senate’s support for fiscal policy, tax reforms
The Acting Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has called on the Senate to support the fiscal policy and tax reforms initiated by President Bola Tinubu to boost Nigeria’s economic development and social welfare. Adedeji made this call in his goodwill message at the Retreat on Fiscal Policy and Tax Reforms for Senators in Ikot Ekpene,…
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Tinubu confers with South Korean envoy on trade and investment
President Bola Tinubu on Friday in Abuja met with Mr. Won Hee-Ryong, the Special Envoy of the President of South Korea, to discuss the areas in which a further expansion of investment and trade ties across key sectors of Nigeria’s economy can expeditiously occur. The meeting at the State House was a follow-up to productive discussions between President Tinubu and…
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Welding sparks minor fire at Warri Refinery
The Warri Refinery and Petrochemical Company Limited (WRPC) experienced a minor fire incident on Thursday afternoon, which was quickly put out by the refinery’s safety officers. The fire, which started at about 15:02hrs, was triggered by “ongoing welding activity at the top of the cooling tower”, according to a press statement from the management of NNPC Limited, the owner of…
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Tinubu confirms Adeniyi’s as Customs CG
President Bola Tinubu has approved the confirmation of the appointment of Adewale Adeniyi as the Comptroller-General of the Nigeria Customs Service. Adeniyi’s confirmation was contained in a statement by the Director, Information, Office of the Secretary to the Government of the Federation, Willie Bassey on Friday. The statement said the appointment takes effect from 19th October, 2023 and his tenure…
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Sanusi urges Nigeria to diversify its economy, reduce petrol consumption
Former Kano emir Muhammadu Sanusi II has said that the ultimate solution to the crisis caused by the removal of petrol subsidy is to reduce the reliance on petrol. He made this remark on Thursday, at a lecture series organised by the Nigerian Institute of International Affairs (NIIA) in Lagos. Sanusi, who was also a former CBN governor, recalled that…
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The new MD Bank of Industry Supo Olusi, up close & personal
The newly-appointed Managing Director and Chief Wxecutive Officer of the Bank of Industry, Dr. Olasupo Olusi, is not a son or relation of Lagos All Progressives Congress leader, Chief Tajudeen Oluyole Olusi, as being assumed or speculated in several quarters. Westernpost can report today that the new BoI MD is actually from Akoko area of Ondo State and not from…
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NASENI, Chinese companies sign MoUs, receives letters of intent for investments
At a ceremony attended by Vice President Kashim Shettima (GCON) on Thursday, October 19, 2023, on the sidelines of the third Belt and Road Initiative (BRI) Forum in Beijing, China, the National Agency for Science and Engineering Infrastructure (NASENI) and new Chinese partners signed three (3) memorandum of Understandings (MoUs) for new projects valued at $2 billion. The three Chinese…
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Kwara, Oyo, Niger governors meet Alake, resolve to collaborate for mining sector development
The Minister of Solid Minerals Development, Dr. Dele Alake Thursday afternoon hosted Governors of Kwara, Abdulrahman Abdulrasak, Oyo State, Seyi Makinde, and Niger State, Umar Bago in his office. Speaking to the press after the meeting, Niger State Governor revealed that issues around revalidating licenses given to mining companies who have gone out of their scope dominated discussions alongside the…
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FG presents 320 patent certificates to deserving inventors, researchers
Minister of Innovation, Science and Technology, Chief Uche Geoffrey Nnaji has said that from 2010 to date the National Office for Technology Acquisition and Promotion (NOTAP) has been able to secure about 320 Patent Certificates for Inventors and Researchers of Tertiary and Research Institutions in the country. Nnaji said this, during the presentation of 18 Patent Certificates to Researchers and Inventors,…
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