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  • New rail lines to be executed under PPP – Idris Umar

    The Minister of Transport, Alhaji Idris Umar said on Saturday that construction of new railway lines across the country would be executed through Public-Private Partnership,PPP. Addressing newsmen in Gombe, the Minister said the involvement of the private...

    • Posted July 1, 2013
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  • Okonjo-Iweala refutes SaharaReporters report on economy, says Govt multi-dimensional strategy is working

    We have received several enquiries about a story titled “Nigerian Government broke; targets pension savings” posted on the website of Saharareporters. The story, like many other recent articles by Saharareporters purporting to be exclusive stories on various...

    • Posted July 1, 2013
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  • Senate dumps 2013 budget amendment, gets revised version

    The Senate has received a revised version of the 2013 Appropriation (Amendment) Bill after discarding the earlier one submitted by President Goodluck Jonathan. The development is coming after the House of Representatives on Wednesday formally killed the...

    • Posted July 1, 2013
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  • Subscribers scramble for last-minute sim registration

    Mobile telephone subscribers on Sunday embarked on a last minute rush to register their SIM cards to beat the June 30 deadline. Queues were seen in many parts of Lagos such as Obalende, Agege, Iyana Ipaja and...

    • Posted July 1, 2013
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  • Labour migration policy will spur Vision 2020 – FG

    THE FEDERAL Government has said that adequate utilisation of available manpower will ginger the realisation of vision 20:2020. The Minister of Labour and productivity, Chief Emeka Wogu, stated the government position at the national validation workshop of...

    • Posted July 1, 2013
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  • FG can’t meet infrastructure needs with N4.99trn spending – SEC DG

    THE Federal government cannot finance the infrastructure needed to boost the economy by spending N4.99 trillion without leveraging the capital market, Director General, Securities and Exchange Commission (SEC), Ms Arunma Oteh has said. The commission is also...

    • Posted July 1, 2013
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  • Failure to declare money above $10,000 punishable – Central Bank

    Central Bank of Nigeria, CBN, weekend, cleared the wrong notion that any person travelling outside or coming into the country cannot carry above $10,000, saying it was a misinterpretation and misapplication of the provision of the Money...

    • Posted July 1, 2013
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  • NUPENG to begin 3-day warning strike on Monday

    The Nigerian Union of Petroleum and Natural Gas Workers, NUPENG, has said that it would embark on a three-day warning strike on Monday. NUPENG’s General-Secretary, Isaac Aberare, made this known in a statement on Sunday in Lagos....

    • Posted June 30, 2013
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  • FG considers new approach to job creation

    The Federal Government will soon unveil a new plan that will help to create about one million fresh jobs annually. The Special Adviser to the President on Job Creation, Mr. Obi Adim, who disclosed this during a...

    • Posted June 30, 2013
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  • Oil thieves frustrate efforts to curb $7bn revenue loss

    Crude oil theft, which is denying Nigeria about $7bn in revenue annually, has shown no sign of easing despite stakeholders’ efforts to stop it. In view of its effects on revenue generation and budget implementation, our correspondent...

    • Posted June 30, 2013
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  • Truck queues may return to Apapa ports

    Long truck queues may resurface at the scanning sites in Apapa ports as the management of APM Terminals Apapa Limited, the concessionaire handling Apapa terminals, has threatened to withdraw scanning logistics at the ports, stressing that it...

    • Posted June 30, 2013
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  • 27million lines at risk as NCC disconnects unregistered SIMs today

    If you are reading this and you have not registered your phone line(s), it may just be almost late. In fact, you need not wonder why you may neither receive nor complete any calls from today. This...

    • Posted June 30, 2013
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  • AMCON will recoup investments in Enterprise, Mainstreet, Keystone banks – Lemo

    Deputy Governor of the Central Bank of Nigeria, CBN, Mr Tunde Lemo, in this interview, speaks on   the performance of the economy, the exchange rate in the last two years and  Asset Management Company of Nigeria, AMCON.  Excerpts:...

    • Posted June 30, 2013
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  • TCN blames current power shedding on vandals

    The General Manager (Public Affairs) of the Transmission Company of Nigeria, Dave Ifabiyi, has blamed the current load shedding being experienced in the country on the activities of vandals on two major gas pipelines. “There is a...

    • Posted June 29, 2013
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