All posts by Ifreke Inyang
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Nigerians protest electricity billing system, exorbitant bills
A cross-section of Nigerians on Friday appealed to the nation’s electricity generation and distribution companies to make energy consumption people-friendly. They said that their expectations after the unbundling of the defunct Power Holding Company of Nigeria (PHCN)...
- Posted February 8, 2014
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GE, BoI pledge $500m support for SMEs
General Electric and the Bank of Industry have agreed to a $500m funding support for small and medium-sized enterprises in the area of infrastructure provision. Both parties said in a joint statement on Thursday that the new...
- Posted February 8, 2014
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Senators’ comments on budget inaccurate – Okonjo-Iweala
The Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Thursday faulted the debate on the 2014 budget by some senators. The minister stated that the debate was not only personalised, but was also based on inaccurate information. She...
- Posted February 8, 2014
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Falana demands audit of NNPC accounts
A Lagos-based lawyer, Mr. Femi Falana (SAN), has called for a proper auditing of the accounts of the Nigerian National Petroleum Corporation following allegations by the Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, that...
- Posted February 8, 2014
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Fire destroys tankers near Kaduna refinery
Two persons were injured and two petroleum tankers burnt during a fire incident at a truck park near the Kaduna refinery, Kaduna State on Thursday. The Nigerian National Petroleum Corporation said in a statement that the fire...
- Posted February 8, 2014
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Fares for foreign flights crash by 80%
Airfares on major international routes from Nigeria have recorded a sharp drop by as much as 80 per cent in recent weeks due to reduced trips by travellers in what is generally regarded in the aviation industry...
- Posted February 7, 2014
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Union tasked on Ladipo auto parts market
The leadership of Aguiyi Ironsi International Market in Lagos State, popularly known as Ladipo Auto spare Market have been called upon to promote discipline and orderliness in the market. The Chairman of Mushin Local Government Area of...
- Posted February 7, 2014
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Power sector needs fresh $50bn investment – Aganga
A further $50 billion investment is expected to go into the Nigeria’s power sector in the next few years following successful completion of privatisation of the sector, says Dr. Olusegun Aganga, Minister of Industry, Trade and Investment....
- Posted February 7, 2014
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We won’t review number portability –NCC
Contrary to the wish of some stakeholders, the Nigerian Communications Commission is not convinced about the need to review the existing framework of the Mobile Number Portability scheme. Interconnect Clearinghouse Nigeria Limited, the firm in charge of...
- Posted February 7, 2014
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IPMAN to sustain kerosene distribution
The Independent Petroleum Marketers Association says it will sustain the Kero-Direct scheme in order to ensure that the masses benefit from it. IPMAN National President, Alhaji Aminu Abdulkadri, in a statement on Wednesday, said the Minister of...
- Posted February 7, 2014