All posts by Ifreke Inyang

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  NIMASA lifts blockade on NLNG

  There was relief for gas-dependent sectors of the economy on Sunday after the National Security Adviser,  Col. Sambo Dasuki (retd) and two ministers intervened in the feud between the Nigerian Maritime Administration and Safety Agency and the...

  • Posted May 6, 2013
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  FAAN increases Abuja airport toll by 50%

  The Federal Airports Authority of Nigeria has increased the toll payable on the Nnamdi Azikiwe Airport road in Abuja by 50 per cent. The increase takes effect from today (Monday). This, it was learnt on Sunday, came...

  • Posted May 6, 2013
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  Electricity: FG releases $3.7bn, targets 20,000MW

  Vice-President Namadi Sambo on Sunday said efforts were being made to wheel about 20,000 megawatts of electricity for the country to improve power transmission. A statement by the vice-president’s spokesman, Mr. Umar Sani, quoted Sambo as saying...

  • Posted May 6, 2013
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  Private jet owners barred from carrying friends, associates

  The revolution sweeping through the nation’s aviation industry is likely to cause discomfort to private jet owners as a new policy introduced by the Federal Government has come up with stringent conditions for their operations, OYETUNJI ABIOYE...

  • Posted May 6, 2013
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  National Assembly dumps Jonathan’s supplementary budget

  There were indications, yesterday, that the National Assembly (NASS) might have decided to distance itself from further deliberation and approval of the supplementary budget sent to the lawmakers by President Goodluck Jonathan last March. The reason for...

  • Posted May 6, 2013
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  World Bank, IFAB pledge $1.9bn to boost agriculture in Nigeria

  The World Bank has said that it would commit one billion dollars to support Nigeria’s agricultural sector in the next five years. Ms Marie-Francoise Marie- Nelly, its Country Director, said this at a workshop on Gender and...

  • Posted May 6, 2013
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  Nigeria will become gateway to African capital markets – Dangote

  Alhaji Aliko Dangote, the President, Nigerian Stock Exchange (NSE), says Nigeria will soon be the gateway to African capital markets. Dangote made the forecast at the 52nd Annual General Meeting (AGM) of the NSE on Friday in...

  • Posted May 5, 2013
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  Insurance companies pay N23.5billion to flood, fire victims

  Insurance companies have paid a total sum of N23.5bn as claims in four major flood and fire disasters recorded in some parts of the country in the last four years. SUNDAY PUNCH learnt on Friday that the payment...

  • Posted May 5, 2013
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  FG now sensitive to borrowing – Okonjo-Iweala

  The Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Friday put the country’s debt to Gross Domestic Product ratio at 19 per cent, saying with this figure, the Federal Government is now allergic to borrowing. She made this...

  • Posted May 5, 2013
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  Experts advise govt on cocoa cultivation

  The Managing Director, Cocoa Products Limited, Ile Oluji, Mr. Akin Olusuyi, has urged the Federal Government and governments of cocoa producing states to show greater commitment to production of the crop for economic prosperity. Olusuji spoke on...

  • Posted May 5, 2013
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