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Monthly Archives: March 2016

(Opinion) Electricity regulation and fairness

Segun Oni Undoubtedly, the Nigerian Electricity Regulatory Commission called NERC is the sole authority for the generation, transmission, and distribution of electricity in Nigeria. As a regulator, part of its duties is to instill discipline in the electricity industry and make sure that participants and stake holders in the industry …

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File claims for payment now — NDIC asks failed banks’ customers

Nigerian Deposit Insurance Corporation (NDIC) on Thursday in Enugu informed depositors of liquidated banks across the country to file their claims for payment, insisting that the corporation remained committed to ensuring that no depositor lost any money for reasons of bank liquidation. The agency specifically asked depositors of four banks …

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Abducted Kaduna clerics regain freedom

President of the United Church of Christ in Nigeria, Rev. Emmanuel Dziggau and two other clergymen who were abducted along Kaduna – Abuja Expressway by armed gunmen have regained their freedom after ten days in captivity. A senior top official of United Church of Christ who pleaded anonymity said Dziggau …

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U.S to invest over $600m in Nigeria in 2016, return billions of dollars of looted funds – Kerry; I’ll critically review budget passed by NASS before assenting – Buhari

United States Secretary of State, John Kerry has ssured that his country will invest more than $600 million in Nigeria this year. He disclosed this during the opening session of the U.S.A – Nigeria Bi-National Commission meeting. The delegation from Nigeria was headed by Foreign Affairs Minister, Geoffrey Onyema, flanked …

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Gov. Ambode orders repair works on Lagos-Badagry expressway

Lagos State Governor, Mr. Akinwunmi Ambode has ordered the State Public Works Corporation (LSPWC) to immediately embark on extensive repair on the ever busy Lagos-Badagry Expressway so as to improve driving experience of motorists in the area. Special Adviser to the Governor/C.E.O, Public Works, Engr. Ayotunde Sodeinde, told journalists, Thursday, …

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Access Bank invests in NCR’s multi-function ATMs

NCR Corporation, the global consumer transaction technologies and Access Bank Plc, have partnered to enhance the bank’s Automated Teller Machine (ATM) portfolio with the company’s latest SelfServ ATMs to improve speed. The new NCR’s next generation ATMs will help the bank to enhance customer experience with reduced ATM downtime and …

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Chibok girls not missing –Fayose insists

Ekiti State Governor, Ayodele Fayose, Wednesday, declared that no pupil was abducted by Boko Haram from Government Girls Secondary School, Chibok, Borno State. Over 200 pupils of the school were reportedly abducted in 2014 by the terror group. The governor said the report was politically motivated to influence public opinion …

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Aisha Buhari donates relief materials to IDPs in Benue

Wife of the President, Mrs Aisha Buhari, Wednesday, donated assorted relief materials to Internally Displaced Persons (IDPs) in Benue. Mrs Buhari, who was in Benue to empathise with the state government on the recent farmers/herdsmen crisis, was represented by the wife of the Vice President, Mrs Oludolapo Osinbajo. Donating the …

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French agency claims spending €1bn on projects in Nigeria

Country Office of the French Development Agency (Agence Francaise de Developpement), Wednesday, said it has spent about one billion euros to fund various projects in Nigeria since 2008. A statement issued by Mr Olivier Delefosse, AFD’s Country Director, on Wednesday in Abuja, said the agency’s support for the private sector …

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13 sacked VCs will not be recalled despite Buhari’s apology – FG reaffirms

Federal Government, Wednesday, reaffirmed its earlier position over the dismissal of 13 Vice Chancellors of some government-owned tertiary institutions, including the dissolution of their Governing Councils, insisting the affected officers will not be recalled despite the public apology tendered by President Muhammadu Buhari over their matter. It would be recalled …

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Saraki donates N5m to victims of Kano market inferno

Senate President Bukola Saraki has donated N5 million to victims of the recent fire incident at Sabon Gari market in Kano State. The Chairman, Senate committee on Works, Sen. Kabiru Gaya, announced the donation when he paid a sympathy visit to Gov. Abdullahi Ganduje in Kano, Wednesday. Gaya, who represents …

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Nigerian Air Force, Innoson formally sign MoU for fighter jets’ spare parts production + CNN story on Innoson

Nigerian Air Force (NAF), Wednesday, signed a Memorandum of Understanding (MoU) with an indigenous vehicle manufacturing firm, the Innoson Vehicle Manufacturing Company, for research and production of spare parts for its fighter jets. According to NAF, the agreement is geared towards ensuring that aerial battles against the Islamic fundamentalists were …

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