Economy
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PHOTO NEWS: AbdulRazaq, Audu join Alake at solid minerals dinner
Kwara state Governor, AbdulRahman AbdulRazaq, Minister of Steel and Mining Development (MSMD), Hon. Shuaibu Audu, and President & CEO Africa Finance Corporation, Mr Samaila Zubairu joined the Minister of Solid Minerals Development, Hon. Dele Alake, during a dinner and interactive section, titled “Enhancing Regulatory and Governance Collaboration and Fast Tracking Development Of Nigeria’s Mining Sector” organized by Ministry of Solid…
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FG approves Presidential Council on Industrial Revitalization Roadmap
The Federal Government on Monday, approved the establishment of a Presidential Council on Industrial Revitalization Roadmap. The Minister of Industry, Trade, and Investment, Doris Uzoka-Anite, briefed State House correspondents on the new council and its duties at the presidential villa in Abuja She stated that the sub-committees are to sit down and examine all the policies within various ministries, as…
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NIPOST’s first female postmaster general assumes office, promises to leverage on technology
Tola Odeyemi, the new Postmaster General (PMG) of the federation and CEO of the Nigerian Postal Service (NIPOST), assumed duty on Monday. Odeyemi, while addressing the management staff, pledged to build on the legacy of her predecessors to advance the postal organisation locally and globally. She promised to leverage technology to make NIPOST logistics, e-commerce, and other postal services more…
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FG secures N1.5bn interest-free World Bank loan to improve govt finances
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Federal Government has approved the financing of about $1.5 million interest-free loan from the World Bank to finance projects. Edun made the announcement on Monday after the conclusion of the Federal Executive Council meeting at the presidential villa in Abuja. The minister also disclosed that the…
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Presidency resolves NIPOST DG job saga in favour of Tola Odeyemi
The Presidency has resolved the raging controversy over who is the new Director-General at NIPOST in favour of Tola Odeyemi. Westernpost gathered that Odeyemi on Monday met with staff of the agency as part of activities for her resumption. She was said to be meeting the staff at the top office around 2 pm Monday afternoon. There had been controversy…
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BREAKING: NIPOST staff protest appointment of new Post Master General
Some staff of the Nigerian Postal Service have blocked the entrance of the headquarters, protesting the appointment of a new Post Master General and Chief Executive Officer by President Bola Tinubu. Tinubu had appointed Tola Odeyemi as the new NIPOST CEO, replacing Adeyemi Adepoju last week. The protesting staff of the agency who displayed various placards, have however rejected the…
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FG pledges to support revival of Kaztec Engineering’s $1bn fabrication yard for Oil & Gas devt, employment generation
In its quest to encourage more Nigerian companies to invest in the country’s oil and gas industry and blue economy, and ultimately contribute to the nation’s economic growth, the President Bola Tinubu-led federal government has pledged its support towards the revival of the $1 billion Kaztec Engineering Limited’s oil and gas fabrication yard at Snake Island, Ilashe, Lagos State. The…
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Finance Minister, Wale Edun, gets World Bank appointment
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has been appointed as the Chairman of the African Governors’ Forum of the World Bank. This disclosure is contained in a statement issued by the Federal Ministry of Finance and can be seen on its official X (formerly Twitter) account. The ministry in the statement said that…
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Tinubu appoints new board, management for FERMA
President Bola Tinubu has approved the appointment of the Governing Board and Management team of the Federal Roads Maintenance Agency (FERMA) for a renewable term of four (4) years, in accordance with Section 2(3) of the FERMA Amendment Act, 2007: This was contained in a statement by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale. The…
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Solid minerals minister seeks synergy with interior ministry on security, illegal mining
The Minister of Solid Minerals Development, Dr. Dele Alake has stated that synergy with the Interior Ministry is crucial to the development of solid minerals in line with the Renewed Hope agenda of the President Bola Tinubu administration. Speaking while welcoming the Minister of Interior, Hon. Olubunmi Ojo to his office, Alake lauded his counterpart on his giant strides in…
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