The Nigeria Customs Service (NCS) Federal Operations Unit, Zone A, Lagos on Thursday reported that it impounded contraband goods with Duty Paid Value, DPV, of N4.6 billion. The Acting Customs Area Comptroller, Hussein Ejibunu, who made this disclosure to journalists, said the seized items comprised 9,697 bags of rice at 50kg each, 3,173 cartons of […]
The Vice President, Prof. Yemi Osinbajo, has said that quality and affordable healthcare are central to Nigeria’s socio-economic development. The Vice President, this remark at the inauguration of the Health Sector Reform Committee recently. Osinbajo noted that “a society is probably only as prosperous, developed and happy as its healthcare system which is central to […]
The Vice President and Chairman of the National Council on Privatisation (NCP), Prof. Yemi Osinbajo (SAN), has tasked members of the reconstituted NCP to tackle new transactions and reform activities of the Federal Government as well as resolve some of the thorny economic issues that are critical to the country’s accelerated economic development. Inaugurating the […]
The Emir of Kano, His Royal Highness Alhaji Aminu Ado Bayero, visitors to the Nigerian Communications Commission (NCC) pavilion and telecom consumers, who participated at the ‘NCC Special Day’ at the just concluded 42nd edition of the Kano International Trade Fair, 2021 in Kano State, have commended the Commission for its various consumer-centric initiatives. The royal father, who […]
The Nigerian Communications Commission (NCC) has debunked insinuations in some media reports that it was aware of the involvement of Senator Bola Ahmed Tinubu in Mafab Communications Limited, one of the two winners in the just ended the 5G spectrum auction, saying that such claims are figment of imagination of the affected media houses. The […]
Director General of the Bureau of Public Enterprises (BPE), Mr. Alex Okoh has promised the determination of the Bureau to ensure the smooth conclusion of the Health Sector Reform in the country. Okoh was quoted by the Bureau’s Head, Public Communications, Amina Tukur Othman, in a statement on Monday as making the pledge when the […]
The Bureau of Public Enterprises (BPE) has announced members of the interim management team for the crisis-ridden Abuja Electricity Distribution Company (AEDC) Plc. The members of the interim management team are, Interim Managing Director, Bada Akinwumi; Interim Chief Business Officer, Sani Usman; Interim Chief Finance Officer, Babajide Ibironke; Interim Chief Marketing Officer, Donald Etim; and […]
Despite the sustained recovery of Nigeria’s economy over the past few quarters, the nation still recorded a huge deficit in its merchandize trade in the third quarter of this year, posting a negative trade balance of N3,023.50 billion during the quarter. During the review period, the country’s total merchandize trade value totaled N13,284.09 billion, with […]
The President, African Development Bank (AfDB) Group, Dr. Akinwumi Adesina, has predicted that with over 50 countries currently harmonizing tariffs, rules and standards, the Africa Continental Free Trade Area (AfCTA) would soon become the largest free trade area (FTA) globally. Adesina, who made the forecast in Durban, South Africa on Monday at the opening of […]
Speaker of the House of Representatives, Hon. Femi Gbajabiamila, has stressed the need for the Nigerian government to put in place a legal framework for Privatisation and Public Private Partnerships (PPPs) to enable government collaboration with the private sector to meet Nigeria’s public infrastructure demands and also ensure that the country maximizes the value potential […]