2019: NPC generates records of dead persons for INEC

Posted by - 9th May 2018

Ahead of the 2019 general elections, the National Population Commission (NPC) says it has commenced the listing of all dead persons in the country for the Independent National Electoral Commission (INEC). Mr Eze Duruiheoma, the Chairman of the commission, told the News Agency of Nigeria (NAN) in Abuja on Tuesday that NPC would complete the

PIB: Don’t induce lawmakers – Saraki tells oil firms

Posted by - 9th May 2018

President of the Senate, Dr. Abubakar Bukola Saraki on Tuesday urged the International Oil Companies and Oil Producers Trade Section (IOC/OPTS) operating in the country not to induce lawmakers during the consideration of other sections of the Petroleum Industry Bill. The Fiscal and Host Communities Bills, a components of the Petroleum Industry Bill is currently

Minister wants one year reschooling for graduates

Posted by - 9th May 2018

Nigerian students may spend extra year in specialized institutions after graduation to make them employable. The Minister of State for Education, Professor Anthony Anwukah, put forward the proposal at the ongoing Retreat for Governing Councils of Nigerian Federal Universities, organized by the National Universities Commission (NUC) with the theme, “Elements of Statutory Governance, Procurement and

IMF warns of rising African debt in spite of faster economic growth

Posted by - 8th May 2018

The IMF on Tuesday warned that Sub-Saharan African nations are at growing risk of debt distress because of heavy borrowing and gaping deficits, in spite of an overall uptick in economic growth. The sober assessment comes as African countries continue to tap international debt markets and issue record levels of debt in foreign currencies, spurred

Mace theft: Saraki says report is ready

Posted by - 8th May 2018

The Senate President, Bukola Saraki has said the report of the panel that investigated the invasion of the Senate was ready. The Senate was invaded by thugs numbering about ten on April 18 and carted away the mace, the symbol of authority of the Parliament. The Senate had on April 25 constituted an adhoc committee

Buhari begins 4-day medical vacation in UK

Posted by - 8th May 2018

President Muhammadu Buhari today, Tuesday, begin a four-day trip to the United Kingdom on medical vacation, the President’s Senior Special Assistant on Media and Publicity, Malam Garba Shehu said. The presidential aide disclosed this in Abuja on Monday. “In the course of the technical stop-over for aircraft maintenance in London on his way back from

N900bn Privatisation Fund: SERAP gives Fashola 14 Days to explain spending

Posted by - 7th May 2018

The Socio-Economic Rights and Accountability Project (SERAP) has sent a Freedom of Information (FoI) request to Babatunde Fashola (SAN) Minister of Power, Works and Housing, asking him to use his good offices and leadership position “to urgently provide information on specific details of spending on the privatisation of the electricity sector and the exact amount

Active mobile lines in Nigeria hit 149m

Posted by - 7th May 2018

The Nigerian Communications Commission (NCC) says active mobile phone lines in the country rose from the 148 million in February to 149 million in March. The NCC stated this in its monthly Subscribers Operator Data posted on its website. It said active mobile lines increased from 147,961,791 in February to 148, 854,338 in March. The

oil prices reach highest level since 2014

Posted by - 7th May 2018

U.S. oil prices rose above $70 a barrel on Monday for the first time since November 2014 and Brent crude climbed to fresh highs, buoyed as a deepening economic crisis in Venezuela threatened the country’s already tumbling oil supply. Brent crude oil futures were at $75.59 per barrel at 0546 GMT, up 72 cents, or

FG spent $36.3bn on fuel importation in 5 years – CBN

Posted by - 7th May 2018

The Central Bank of Nigeria (CBN) on Monday said that Nigeria spent an amazing 36.3 billion dollars on the importation of petroleum products between 2013 and 2017. The apex bank made the disclosure at a public hearing organised by House of Representatives’ Ad hoc Committee investigating the state of the nation’s refineries, their turn-around maintenance