Why manufacturers are halting operations in Nigeria – Akpovie
Godwin Akpovie, the Managing Director and Chief Executive Officer (CEO) of Delta Special Economic Zone, says financial insecurity and multiple taxation are major challenges facing manufacturing sector in the country. He disclosed this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja. He was reacting to a development where some […]
Ooni visits Kuje Custodial Centre, secures release of five inmates
The Convener, Hope Alive Initiative for Africa, Ooni of Ife, Oba Adeyeye Ogunwusi, on Tuesday, visited the Medium Security Custodial Centres, Kuje, in commemoration of his eighth year Anniversary on the throne. This is contained in a statement by the Public Relations Officer (PRO) of the Centre, Assistant Superintendent of Corrections (ASC), Mr Samuel Duza, […]
Rivers Assembly gets new Majority Leader, Chief Whip
Mr Major Jack (PDP- Akuku Toru 1) and Mr. Frankline Nwabochi (PDP-Ogba/Egbema/Ndoni 1) have emerged as Majority Leader and Chief Whip of the Rivers House of Assembly. The new house leaders emerged and subsequently took the oath of office following an election by 27 members during Wednesday’s plenary at the Assembly chamber. Commenting on their […]
Sule’s budget scales second reading at Nasarawa Assembly
The Nasarawa State House of Assembly has passed into second reading the 2024 budget of N199.9 billion presented by Gov. Abdullahi Sule for consideration and approval. Mr Danladi Jatau, the Speaker of the house, announced the passage of the budget during the house proceedings in Lafia on Wednesday. The speaker said that the budget, if […]
NIMASA DG Sanctioned With N0.5bn Fine By Govt Council For Violating Financial Reporting Standards
…Council Suspends Jamoh From Certifying Financial Statement In Nigeria* By Alex Akao The Nigerian Maritime Administration and Safety Agency (NIMASA) has been sanctioned by the Financial Reporting Council of Nigeria (FRC), for violating government’s rules in financial reporting. The Council has not only asked the Maritime regulatory agency to pay an infringement fine of N500m, […]
Crude Oil Theft: How We Save $43.2m for Govt Daily – Private Security Operators
By Alex Akao Private security operators engaged by government to secure crude oil theft from Nigeria has said that the nation is currently saved of a daily loss of a whopping $43.2m hitherto fretted away. The Niger Delta based company, Tantita whose multi-billion naira contract with government had generated public uproar, said it has justified […]
Ex-NIMASA DG Alleges Vessels Illegally Paying $10,000 for Security Escort on Nigerian Waters
By Alex Akao Former Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Mr Temisanre Omatseye has raised the alarm over an alleged underhand transactions in which commercial ships approaching the nation’s seaports are being arm-twisted to pay a whopping $10,000 daily, for security escourt. Barrister Omatseye dropped this indication while delivering a lecture […]
MARAN Annual Lecture on Threats to Maritime Security Now Holds November 29
BY ALEX AKAO The maiden edition of the Maritime Reporters’ Association of Nigeria (MARAN’s), forthcoming annual lecture is set to focus on Maritime Safety. The event tagged MARAN Annual Maritime Lecture (MAMAL) earlier scheduled for November 21 will now take place Wednesday, November 29, 2023. This is contained in a press statement released by the […]
Kogi won’t regret electing Ododo, says Audu
Aare Atunluse Omoluwabi Oodua Worldwide, Chief Muritala Audu, on Monday expressed confidence that residents of Kogi State would benefit from the visionary leadership of the state’s Gov. Elect, Alhaji Usman Ododo. Audu, a chieftain of the ruling All Progressives Congress (APC), in a statement in Lagos said that Ododo’s victory in Saturday’s governorship election […]
Naira Marley’s trial over cybercrime stalled
The trial of singer Azeez Fashola a.k.a Naira Marley charged with cybercrime, was on Monday, stalled before a Federal Court Lagos, as the court did not sit. The trial judge, Justice Nicholas Owiebo is said to be attending a judges’ conference. According to the News Agency of Nigeria (NAN), the Economic and Financial Crimes Commission […]
