All posts tagged "headline"

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  Consumers groan as system collapse worsens power supply

  Electricity consumers have condemned the worsening power situation in the country and blamed the Power Holding Company of Nigeria for gross inefficiency. They lamented that power supply had become poorer in recent times and warned that the...

  • Posted June 21, 2013
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  Foreign direct investment has increased – Aganga

  Minister of Trade and Investment, Dr Olusegun Aganga, said there was significant increase in foreign direct investment in the economy, adding that the petrochemical sub-sector attracted over $20 billion investments with over $8 billion contribution by the...

  • Posted June 21, 2013
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  Oil production drops by 150,000 barrels, as Shell shuts Trans Niger Pipeline

  Nigeria faces a serious credit crunch in the months ahead as crude oil production has dropped further by 150,000 barrels per day due to continuing theft and vandalism of crude pipelines. The Shell Petroleum Development Company of...

  • Posted June 21, 2013
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  FG explains grounding of Kenyan Airline

  THE Federal Airports Authority of Nigeria, FAAN, said, yesterday, that a Kenyan aircraft has been grounded at the Murtala Muhammed International Airport, MMIA, Ikeja, since June 3. The agency said the aircraft violated the country’s security procedures....

  • Posted June 21, 2013
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  Roads: FG needs N600bn to meet Vision 20:2020 goals

  THE Federal Government will need about N600 billion to build 14,000 kilometres of roads annually to meet Vision 20-2020 goals. Minister of Works, Mike Onolememen, made this known in Abuja yesterday, saying Nigerians spent same amount (N600...

  • Posted June 21, 2013
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  AIICO encourages people to buy travel insurance

  AIICO Insurance Plc is offering discounted rate to members of the public on its travel insurance policy this summer season. This is in line with the company’s determination to ensure that Nigerians are adequately protected whenever they travel...

  • Posted June 20, 2013
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  Nigeria not yet at food sufficiency destination – Jonathan

  President Goodluck Jonathan on Wednesday admitted that his administration had yet to reach the desired destination in its quest to eradicate hunger in the country through food sufficiency. He, however, expressed the conviction that the task would...

  • Posted June 20, 2013
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  NDPHC power plants’ bidders to emerge August

  The shortlist of bidders that will be allowed to proceed with the process of buying into 10 electricity firms will emerge on August 8, the Director-General, Bureau of Public Enterprises, Mr. Benjamin Dikki, has said. Dikki said...

  • Posted June 20, 2013
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  NSCDC warns against patronising employment racketeers

  Worried by the spate of illegal websites designed by fraudsters on a daily basis to defraud desperate job seekers, the Commandant General of the Nigeria Security and Civil Defence Corps Dr. Ade Abolurin warned that henceforth anyone...

  • Posted June 20, 2013
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  FEC approves N706m for overhaul of Jebba plant

  The Federal Executive Council, FEC, yesterday, approved N706 million for the overhaul of one of the units of Jebba Power Plant. Minister of Information, Labaran Maku told newsmen after the meeting that the N706 million is the...

  • Posted June 20, 2013
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