Shell yet to pay $200m yearly counterpart fund for Ogoniland cleanup–MOSOP
More facts suggesting that the cleanup of polluted Ogoniland in Rivers State may remain a mirage emerged in Port Harcourt on Wednesday as the leadership of Movement for the Survival of Ogoni People (MOSOP) has alleged that Shell Petroleum Development…
Finally, Osinbajo signs 2017 budget today, Monday @ 4.41pm
The Acting President, Prof. Yemi Osinbajo, this Monday evening signed the 2017 Appropriation Bill into law. The Appropriation Bill was passed by the National Assembly and transmitted to the Presidency since May 19 with some additional increment which the presidency…
FCMB visits Presidential Villa, gets commendation for donating school feeding portal
The management of First City Monument Bank (FCMB) has announced the donation of a school feeding portal to the Federal Government. Making the announcement during an official visit to the Presidential Villa, Abuja, the bank said in a statement that…
Citizens decry missing impacts of Paris Club refund as FG opens up on details
Just as the Federal Government weekend revealed how it allocated the first tranche of N516.38bn reimbursement made to the 36 states of the federation and the Federal Capital Territory from the Paris Club debt refund, citizens across the states have…
Osinbajo may sign 2017 budget before this week’s FEC meeting—-Dogara
A strong indication has emerged that all is set for the Acting President, Prof Yemi Osinbajo to assent to the 2017 Appropriation Bill into law possibly before or during this week’s Federal Executive Council (FEC) meeting on Wednesday. National Assembly…
Anxiety grips hotels, banks on Lagos Airport road as FG allows state to expand road
Following Wednesday’s presidential approval granted to Lagos State to expand Muritala Mohammed International Airport (MMIA) road to 10-lane, apprehension has gripped several private investments in hotels, banks and filling stations along the 20kms road. Checks by Business Hilights on the…
FG raised PIPCAC to boost partnership between public, private sector operators
More details have emerged on why the Acting President, Yemi Osinbajo earlier in the week inaugurated the Presidential Industrial Policy and Competitiveness Advisory Council (PIPCAC). The Council which he, Osinbajo will serve as the Chairman had two Executive Vice chairmen….
Only law can compel IOCs to relocate operational headquarters to Niger Delta—Lawyer
Lagos constitutional lawyer, Moses Mekson has said that no amount of presidential directives of official commands will compel International Oil Companies (IOCs) operating in Nigeria to relocate their corporate headquarters’ unless a constitutional provision is involved. In an exclusive interview…
