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  • PPMC Fined N 62.5 Million for Oil Spills in Kaduna, Delta

    The Petroleum Products Marketing Company (PPMS), a NNPC subsidiary has been ordered by the Federal High Court sitting in Asaba, Delta to pay N 62.5 million on account of oil spillages that it caused in Kaduna and...

    • Posted April 10, 2012
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  • Facebook buys Instagram photo app for $1 bn

    Facebook announced Monday that it made a billion-dollar-deal to buy the startup behind wildly popular smartphone photo sharing application Instagram. The big ticket purchase was seen by some as a move by Facebook to strengthen its defenses...

    • Posted April 9, 2012
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  • Menace Of Truck And Tanker Drivers And The Failure Of Regulations

    The recurring carnage on our roads occasioned by the by the vicious activities of reckless truck and trailer drivers and the seeming helpless posturing adopted by concerned authorities is hitting an insane level. More than ever, we...

    • Posted April 8, 2012
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  • FG To Realise N60b From Sale Of PHCN Core Assets

    The Nigeria Electricity Liability Management Company (NELMCO) yesterday said it will will realize N60billion from the sales of the Power Holding of Nigeria Company (PHCN) core assets. The funds will be added to the statutory allocation for the...

    • Posted April 8, 2012
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  • Urban Nigeria to Swell by 200 Million Inhabitants by 2050 – United Nations

    Africa and Asia together will account for 86 per cent of all growth in the world’s urban population over the next four decades, the United Nations said today, adding that this unprecedented increase will pose new challenges...

    • Posted April 6, 2012
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  • Revenue Sharing Formula: Governors propose 42 percent for States

    There may be a drastic reduction in the Federal Government’s share from Federation Account  as states goverment set up committee to negotiate for a 42 percent share. The committee which is headed by Lagos State Governor, Babatunde...

    • Posted April 6, 2012
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  • Covenant University Signs MoU with Bluechip Companies on Employment for Graduates

    Authorities of the Covenant University, Ota, Ogun State, have said the institution will sign Memoranda of Understanding with corporate organisations in the country to employ the school’s graduates. The Dean, Student Affairs, of the university, Dr. Akan...

    • Posted April 6, 2012
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  • Sacked Officials: Electricity Unions Threaten Strike despite Perennial Blackouts

    Despite the perennial strikes in the country, the electricity workers union namely National Union of Electricity Employees (NUEE) and Senior Staff Association of Electricity and Allied Companies (SSEAC) have threatened to embark on an industrial action. The...

    • Posted April 6, 2012
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  • Governors Fault Quantum of Funds Still Spent on Fuel Subsidy

    The Nigerian Governors Forum have raised concerns with the manner the Federal Government is still deducting funds from the Federation Account. The Forum has deemed the deductions to be illegal, and released a communiqué to that effect...

    • Posted April 6, 2012
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  • Jonathan asks Nigerians, Especially Political Opponents, to Pay their Taxes

    President Goodluck Ebele Jonathan has called on all Nigerians, especially the elite, to ensure that they remit their taxes to the Federal Government with integrity and transparency. The President made the call whilst launching the National Tax...

    • Posted April 6, 2012
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