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Business and Economy

NASS to transmit N8.92trn approved 2019 Appropriation Bill to Buhari Thursday

By Abiemwense Moru Abuja, April 30, 2019 The House of Representatives on Tuesday said the National Assembly (NASS) would transmit the approved 2019 Budget of N8.92 trillion to President Muhammadu Buhari on Thursday. Chairman of the House Committee on Appropriation, Rep. Mustapha Dawaki, made this known while briefing newsmen after plenary …

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FG to spend over N1bn as compensation for codeine seizures — NAFDAC boss

By Olanrewaju Akojede/Joan Odafe Lagos, April 29, 2019 Prof. Moji Adeyeye, the Director-General, National Agency for Food and Drug Administration and Control (NAFDAC), on Monday said the Federal Government would pay more than N1 billion as compensation to the companies that had their codeine  impounded more than a year ago. Adeyeye …

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NIMASA makes IMO representative Director; Promotes others too   

The Governing Board of the Nigerian Maritime Administration and Safety Agency (NIMASA) has approved the promotion of the Nigerian Alternate Permanent Representative at the International Maritime Organisation (IMO), Mr. Dikko Bala, to Director. Also elevated to the position of Director in the Agency was the Deputy Director, Maritime Labour Services, …

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AAMA reiterates commitment to building competitive African maritime sector …Dakuku hails participants commitment   

The Chairman of the Association of African Maritime Administration (AAMA), Dr. Dakuku Peterside has reiterated the commitment of the African body to build a competitive maritime sector in Africa through continuous engagements and sharing of ideas. The AAMA Chair who spoke during the 3rd session of the Executive Council (EXCO) of …

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 Warri-Itakpe Railway project ready for commercial activities — Amaechi

By Kazeem Akande/Uchediunor Augusta/Taiye Elebiyo-Edeni Delta, April 11, 2019 The Minister of Transportation, Mr Rotimi Amaechi on Thursday said that the Warri-Itakpe Standard Gauge line was ready for passenger, commercial and freight services. Amaechi disclosed this while supervising the nearly completed standard guage rail project across the three states involved …

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Prof Chijioke Nwaozuzu appointed Director, Emerald Energy Institute of Federal University of Port Harcourt

Prof Chijioke Nwaozuzu has been appointed the new Director at the Emerald Energy Institute, Federal University of Port Harcourt, Nigeria. Until his appointment, he was the Deputy Director of the EEI. Chijioke Nwaozuzu is a native of Mbieri in Imo-State, Nigeria. He attended Government Secondary School, Owerri, Imo-State (1973-78) with …

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Decentralising port operations and ending the chaos in Lagos  By Mazi Sam Ohuabunwa

LAST week, I was trapped for hours on the Isolo-Apapa Expressway in an unprecedented traffic gridlock. Many lanes of the so-called expressway were seized by articulated vehicles especially trailers carrying containers and fuel tankers, forcing other vehicles to drive against the traffic, in an effort to move forward since most …

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