DESPITE the postponement, intimidation and outright manipulation, the Nigerian people showed great resilience last Saturday in coming out en masse to exercise their democratic franchise. This week, by the grace of God, we shall know who our president-elect is. A new president must hit the ground running. He would certainly face an in-tray of formidable to-do priorities.
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Influx of migrants to Lagos hinders 95% literacy target – Govt
The Lagos State Government has attributed its inability to meet the 95 per cent literacy level target by 2019 to the daily influx of migrants from other parts of the country to the state. The Director of the state’s Agency for Mass Education, Mrs Olukemi Kalesanwo, made the remark, on a sideline of a quiz […]
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Govt, Stockbrkers should collaborate
Vice President Yemi Osinbajo has called for collaboration between Chartered Institutes of Stockbrokers and the government to provide a platform for economic growth through opportunities by using capital, financial markets to address the country’s infrastructural deficit. In a statement by the Strategy and Communications Adviser to the Minister of Industry Trade and Investment, Bisi Daniels, […] …
Govt, stockbrokers to join hands for economic growth
The Federal Government and stockbrokers have reiterated their commitment to work towards the development of the economy. At an interactive session in Lagos, key members of the government’s Economic Management Team and capital market operators agreed on the importance of the capital market in national economic growth and development. Representative of the Vice President and […] …
Govt, DFI sign deal to develop economic zones
The Federal Government has signed investment agreements with three Development Finance Institutions- Afreximbank, Bank of Industry and the Nigeria Sovereign Investment Authority (NSIA) for the development of special economic zones in the country. A statement by the Strategy and Communications Adviser to the Minister of Industry, Trade and Investment, Bisi Daniels, said President Mohummadu Buhari […] …
Govt stops payment of GenCos’ shortfall
The Federal Government yesterday said it had stopped paying for the shortfall for the 4000mega watts per hour (Mwh) to the Electricity Generation Companies (GenCos). The Permanent Secretary, Ministry of Power, Dr. Louis Edozien, told stakeholders at the Nigerian Electricity Regulatory Commission (NERC) workshop on Eligible Customer Regulation in Abuja, that the Electric Power Sector […] …
Govt advises power firms to be less dependent on forex
The Minister of Power, Works and Housing, Babatunde Fashola, yesterday advised power firms to be less dependent on other countries for human and material resources. He lamented that the Nigeria Electricity Supply Industry (NESI) is highly dependent on imported human and material resources, which has made it vulnerable to foreign exchange (forex) availability and rates. […] …
Govt, DisCos, others urged to improve power supply
The Federal Government, power distribution companies (DisCos) and gas suppliers have been urged to provide to improve electricity supply. Recently, the Federal Government claimed that the power generation has hit 7,000 megawatts (Mw). Research and Planning Director, Association, Nigerian Electricity Distributors (ANED) Sunday Oduntan said a lot needs to be done to ensure that the […] …
Edo youths battle for N3.5m cash prize at Edo Hackathon
Not less than 60 youths have reached the finals of the Hack Edo Series organised by the Edo State Government in partnership with Siemens’ Impact Hub to improve power supply in communities across the state.
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Govt, shipowners to collaborate
The Shipowners Association of Nigeria (SOAN) has pledged to collaborate with the Federal Government to meet the expectations of stakeholders. SOAN Vice President and Chairman, Organising Committee, End of the Year Annual General Meeting (AGM), Alfred Okoigun, made this known in Lagos. In an interview, ahead of the AGM, he said: “We are beginning toRead More …