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All posts tagged "newsmen"

  • Capital market operators seek political stability to boost investment

    Some capital market operators have called on the Federal Government to ensure political stability in the country to boost investor participation in the capital market. They told newsmen in separate interviews in Lagos that the current political...

    • Posted September 26, 2013
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  • Central Bank maintains 12% lending rate

    The Central Bank of Nigeria (CBN) on Tuesday retained the lending rate at 12 per cent, the CBN Governor, Malam Sanusi Lamido Sanusi, said. Sanusi said this while briefing newsmen on the outcome of the Monetary Policy...

    • Posted September 25, 2013
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  • Akwa Ibom gas plant to generate 100 mmcf of gas daily

    Investors in the Akwa Ibom Gas Plant say the first phase of the facility will be ready to supply 100 million metric cubic feet (mmcfpd) of gas per day. The gas plant, supported by the Akwa Ibom...

    • Posted September 19, 2013
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  • FG, States, Local Governments share N715.8billion for July

    The Federation Accounts Allocation Committee on Thursday shared N715.8billion among the three tiers of government for July. The Minister of State for Finance, Dr. Yerima Ngama, disclosed this to newsmen shortly after the committee’s meeting in Abuja....

    • Posted August 23, 2013
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  • Scarcity of aviation fuel: FG urged to give license to more independent marketers

    The Federal Government has been urged to give more license to independent fuel marketers in the aviation industry to allow them import JET A1 otherwise known as aviation fuel as a fast remedy to  the problem of ...

    • Posted July 30, 2013
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  • Subsidy debt: Marketers threaten to stop petrol importation

    The Major Oil Marketers Association of Nigeria,  whose members comprise Conoil, Forte, MRS, Mobil, Oando and Total, has threatened to stop importation of petrol due to the non-payment of their N40.6bn subsidy claims by the Federal Government....

    • Posted July 15, 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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  • Borno spends N1billion on fertilizer, faults FG on e-fertilizer sales

    Borno State Government has opted out of the Gross Empowerment Scheme ,GES, the ongoing federal government’s electronic fertilizer sales scheme due to lack of telecommunication, which is a major component of the scheme. The state government had...

    • Posted June 17, 2013
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  • Nigeria’s electricity situation, a nightmare — FG

    Federal Government, yesterday, in Abuja, said despite the investment in the power sector, only 25 percent of Nigerians currently had access to electricity. After a meeting of the Federal Executive Council, FEC, Minister of Power, Professor Chinedu...

    • Posted June 6, 2013
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  • DMO concludes external debt profile, says states, FCT owe $2.384b

    After five years of hard work, the Debt Management Office (DMO), at the weekend said it has ascertained that the Nigeria’s 36 states and the Federal Capital Territory (FCT), Abuja owe $2.384 billion in external debts as...

    • Posted June 3, 2013
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