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Enugu residents give hints on what FG’ll meet while reviving Enugu coal mines

Coal Mine

The recent move by the Federal Government to revive mining activities in Enugu coal mines, abandoned about 40 years, has elicited reactions from residents of the Coal City. During the era of coal mining in Enugu, there were four main mines including Iva Mine, Oneyama Mine and Okpara Mine and another one. It would be recalled during a recent Town ...

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SON begins stakeholders’ collaboration to drive standard in motor vehicle inspection

SON PH

A new strategy has been devised by the Standards Organization of Nigeria (SON) to drastically reduce road accidents in parts of South South Nigeria. The new move is being driven by collaboration with relevant stakeholders to promote the development and enforcement of standards in motor vehicle inspection in the country. The collaboration was kicked off in Port Harcourt, the Rivers ...

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China lists 10 Action-Plan to fight poverty, grow Nigerian business, others

china relations 2

China’s Deputy Director General of Department on Africa Affairs, in the Ministry of Finance, Ambassador Dai Bing has given hints on emerging new 10 Action-Plan for the development of Africa. Areas where the development assistance will feature include Industrialisation; agriculture modernisation; infrastructure; financial services; development; trade and investment facilities (which will centre mostly on promotion of African trade in China); ...

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Alex Okoh, new DG of BPE pledges to monitor performance of privatised enterprises

BPE

New Director-General of Bureau of Public Enterprises (BPE), Alex Okoh, has given assurance to step up post-privatization monitoring activities of all privatized companies to ensure that new owners live up to the agreements they signed. A statement by BPE in Abuja revealed that the director general gave the assurance during the official handover by the former acting Director General, Vincent ...

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After Edo, Kano gets set to adopt Lagos waste management modalities

LAWMA Tata Trucks (100)

More facts have emerged on why the management of the Kano State Refuse Management and Sanitation Board recently visited the Lagos Waste Management Authority (LAWMA). The aim was to replicate the success story of LAWMA in the northern state of Kano. It would be recalled that the management of REMASAB penultimate week, paid a two-day working visit to LAWMA to ...

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Don’t go on strike, FG begs NAGAFF, ANLCA as they extend ultimatum

NSC

Minister of Transportation, Rotimi Amaechi has called on the leading associations of licensed customs agents and freight forwarders to shelve their proposed withdrawal of service from the nation’s seaports and land border due to what they described as irregularities in the cargo clearing processes by the Nigeria Customs Service and related agencies of the government. The bodies are National Association ...

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Resolve ease of doing business before promoting continental trade, Nigerians tell FG

okechukwu-enelamah

Recent inauguration of the twenty-one man Continental Free Trade Area (CFTA) committee to negotiate trade deals as well as identify opportunities to promote investments in the economy by the Federal Ministry of Industry, Trade and Investment has elicited reactions from development experts and industrialists. Explaining more on the move, the Minister, Dr. Okechukwu Enelamah said the move will help to ...

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Poor non-oil revenue’ll continue unless infrastructure, access to capital are in place—Expert

Kemi Adeosun

Development experts have started reacting to the recent comments by the Minister of Finance, Mrs. Kemi Adeosun, during a Finance Ministers’ meeting convened by the G24 Group at the ongoing IMF/World Bank Spring meetings in Washington DC. The minister had said advised Nigerians to focus on non-oil revenue growth, tax compliance and budget transparency to drive economic development‎ in the ...

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Rising Nigeria, U.S. trade deals may have compelled FG to dump Chinese Yuan swap deal

Trump China

More reasons are beginning to emerge as to why the federal government suddenly ran away from nearly completed Chinese Yuan swap over US dollar even after a deal was signed in Beijing by this time last year. Experts say rising trade relations between Nigeria and the United States (U.S.) rose by 70.44 per cent from $799.93 million in January and ...

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FG deepens recovery drive, inaugurates committee to expand trade with other countries

okechukwu-enelamah

As part of new efforts to grow continental trade relations in non-oil deals, the Federal Government on Thursday, opened a window expand Nigeria’s trade with other countries of the world by inaugurating a national committee for the Continental Free Trade Area negotiations. Business Hilights recalls that African Union Heads of State and Government at their summit in 2012, decided to ...

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