Anyim, 3 others for trial over $18.3bn Abuja Centenary City dirty deals
After the pumps and pageantries that trialed the takeoff of the $18.3bn Centenary City project introduced in 2014 to commemorate Nigeria’s 100 years anniversary, the story seemed to be changing following the discovery of irregularities perpetuated by the promoters in…
Why Lagos IGR’ll continue to soar, records N301.19bn between 2015, 2016
A new report by the Nigeria Extractive Industries Transparency Initiative (NEITI), has revealed that apart from raking in close to N301.19 billion, a rise of N32.99 billion in one year from internally generated revenue (IGR), the state is still growing…
Help Nigeria’s food security target by increasing agric funding, Ogbeh urges banks
To deepen Nigeria’s quest for food sufficiency, the Minister for Agriculture and Rural Development, Chief Audu Ogbeh, has called on Nigerian banks, to increase funding in agriculture with ease to credit for farmers. While noting that lack of capital and…
NCC mulls N5m fine payable to subscribers by networks for unsolicited sms, calls
Even as it sounds impossible, the Nigerian Communications Commission (NCC) is about to announce a regulation that will compel networks from whom an unsolicited sms or calls originates to pay the infringed subscriber, a fine of N5mn. Giving the hint…
Pinnacle Communications seals radio, TV digitization deal with TASG
Ahead of meeting conditions for Digital Switch Over (DSO), the Taraba State Government (TASG) has sealed N2.2 billion contract with Pinnacle Communications Nigeria Limited. The new deal will work towards the digitisation of the state owned Radio Station, Taraba State…
Minister hails NCC for generating N80bn for FG in 2016
The Minister of Communications, Alhaji Adebayo Shittu has saluted the regulatory ingenuity of the Nigerian Communications Commission (NCC) for raking in a whooping sum of N80bn for the federal government last year. He disclosed that NCC did that through the…
FG tags telecoms facilities critical infrastructure soon as sector’s FDI hits $60bn in 17 years
Finishing touches are being given to the move by the Ministry of Communications to declare telecommunications facilities across the country as critical national infrastructure. This was revealed by the Minister of Communications, Mr. Adebayo Shittu, at the presentation of the…
We said it on Monday that Ali risks walk out if on Mufti at Senate, it happened Thursday
The Senate on Thursday put paid to its threat and on a loud voice vote, turned back the Comptroller-General of Customs, Col. Hameed Ali (rtd) for appearing before the senate on mufti. WE published on Monday under Industry Category Vis:…
Operational downturn compels Aero Contractors to cut off 60 staff strength
Debt-ridden Aero Contractors Airline, currently under the receivership of Asset Management Corporation of Nigeria (AMCON), has eased away 60 percent of its workforce as part of right sizing model. The development was communicated vide a letters of redundancy issued to…
