Soyinka said this in a statement on Saturday
Browsing: Business
Latest news in Business, Finance, Banking, Savings, Growth, NEC, Cooperatives from Nigeria and around the world, Get it fresh on The Eagle Online.
According to Osinbajo’s Special Assistant on Media and Publicity, Laolu Akande, the 10 modular refineries were located in five out of the nine states in the Niger Delta region
Fadeyibi told the News Agency of Nigeria in Lagos on Saturday that it was disturbing that despite efforts to improve on power supply, some unpatriotic individuals were still engaging in condemnable acts of energy theft and meter by-pass.
He said: “It has always been my unflinching stance that Government must strive at all times to encourage, rather than stifle, entrepreneurship, as this is the only way to grow the country’s economy. I, therefore, passionately appeal to Government at all levels to actively support Innoson Motors and other indigenous manufacturers by meaningfully patronising them.
The exchange in a statement signed by Olumide Orojimi, the Head, Corporate Communications, said the composition of these indices would be announced in January, after the completion of the year-end review and index rebalancing exercise.
While commending the Central Bank of Nigeria’s Anchor Borrowers Programme, he advised government at all levels to create the enabling environment for sustained rice production in the country.
Oladipupo, in an interview with the News Agency of Nigeria in Osogbo on Saturday, said only 30 per cent of expected cocoa production was achieved by farmers in the state in 2017.
Baru had last week said the NNPC was paying N26 on a litre of fuel to bridge the gap in the difference between the N145 approved as pump price and the landing cost of N171
Obaseki had on November 29 presented a budget proposal of N146.6 billion, made up of N66.7 billion recurrent and N79.8 billion capital expenditures to the legislature for consideration.
Baru, who said this to newsmen after a tour of some filling stations in Abuja, added that 1,733 trucks left various depots to various destinations nationwide to ease the fuel situation.
Baru, who disclosed this to State House correspondents in Abuja on Friday, reiterated NNPC’s position to ensure the pump price of fuel was maintained at the current official price of N145 per litre.
According to the report, the drop in prices of oil in the international market from $101.91 in 2014 to $52.16 in 2015 is a major factor.
In its 2018 Economic Outlook released on Friday in Lagos, the LCCI also forecast an inflation rate of 13 per cent for the country next year.
The three men were apprehended in the late hours of December 21, 2017 at Abiola Street, Oke-Ira, Ogba, Lagos, while reconnecting customers of Ikeja Electric who had been disconnected following outstanding bills owed the Disco.
In a leaked memo, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, had alleged lack of due process in the award of contracts valued at over $25 billion by the NNPC
This contradicts TCN’s claim that it recorded a new national peak with the transmission of 5,222.3megawatts, the same day, the highest ever recorded in Nigeria’s power sector to-date
This is coming just as the organisation gave indication that it might prevent Engina FPSO, which is due to arrive Nigeria in January 2018, from accessing the Nigerian waterways
The move by Apple was a response to an uproar from iPhone users — and a series of lawsuits — after news of the battery problems stoked concerns the company was unfairly nudging consumers to upgrade
The MD was sent to jail by a Federal High Court in Lagos after he was docked by the Special Fraud Unit of the Nigeria Police Force
Abubakar, while presenting the budget, tagged: “Budget of consolidation,” announced that N69 billion, representing 41 per cent, was for recurrent expenditure, while N100 billion, representing 59 per cent, was for capital expenditure.