All posts by Ifreke Inyang

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  Irregular power: Labour faults FG on ultimatum to private sector electricity companies

  National Union of Electricity Employees, NUEE, has faulted the June deadline given to the private sector electricity companies by the Federal Government to stabilise power supply in the country, saying it is not feasible. Giving reason while...

  • Posted January 15, 2014
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  Manufacturers caution FG against reversal of auto policy

  The Nigerian Automobile Manufacturers Association on Monday cautioned the Federal Government against reversing the National Automotive Industry Development Policy. The implementation of the policy, which is expected to commence anytime from now, according to the government, will...

  • Posted January 15, 2014
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  Laws against oil spill offenders inadequate – NOSDRA

  There are no adequate laws to deal with oil spill offenders in the country, the National Oil Spill Detection and Response Agency has said. According to the agency, the development has exacerbated the scourge of oil spill...

  • Posted January 15, 2014
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  FG promises improved but not constant power supply

  The Federal Government may have soft-pedalled on its directive to power firms to ensure that there is visible improvement in electricity supply across the country by June this year. It said it would rather give an assurance...

  • Posted January 15, 2014
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  FERMA promises to rehabilitate federal roads in 2014

  The Federal Roads Maintenance Agency (FERMA) has promised to rehabilitate all federal roads across the country in 2014 and beyond, an official has said. A member of the board of the agency, Alhaji Ahmed Gusau, stated this...

  • Posted January 15, 2014
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  Electricity workers shelve strike for two weeks

  Electricity workers of the defunct Power Holding Company of Nigeria and its successor companies have shelved their planned nationwide strike, which would have commenced on Tuesday. The strike, it was learnt, had been suspended for two weeks. Our correspondent...

  • Posted January 15, 2014
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  Naira appreciates by 400k in parallel market as CBN sells $749m

  The naira appreciated by 400 kobo to N169 per dollar at the parallel market last week, even as the Central Bank of Nigeria (CBN) sold $749.84 million through the Retail Dutch Auction System (RDAS). Last year the...

  • Posted January 14, 2014
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  FAAN has no business in cargo handling – Owolabi

  Managing Director, Skyway Aviation Handling Company, SAHCOL , Mr. Oluropo Owolabi has said that the Federal Airports Authority of Nigeria ,FAAN, has no business in handling cargoes at the airport. Speaking to Aviation reporters at the training...

  • Posted January 14, 2014
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  Stockbrokers task NSE on market depth

  Stockbrokers in the nation’s capital market have appealed to the Nigerian Stock Exchange, NSE, to increase the depth of the market by further introducing more quality securities that will absorb the expected liquidity inflow in the course...

  • Posted January 14, 2014
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  Oil workers angry over state of Sagamu-Ikorodu Road, give FG February deadline

  Oil workers at the Mosimi Depot of the Nigerian National Petroleum Corporation have threatened to embark on an indefinite strike to protest the “deplorable state” of the Sagamu-Ikorodu Road. The oil workers, under the aegis of the...

  • Posted January 14, 2014
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