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According to the report, the distributable statutory revenue for the month was N467.007 billion after N22.345 billion was transferred to Excess Oil Revenue Account

At the occasion, Okonjo-Iweala charged the new Board to ensure that the Capital Market proceeds in the direction that will be beneficial to the country’s economy

King acknowledged that the defendants were eligible to participate in the PSS but could, however, not disclose to the court whether they fully conformed to the rules governing the subsidy regime

It is believed that the cause of the fire was due to power surge, which quickly spread, engulfing the clothing shop

Speaking at an audience with the World Bank’s Vice President for Africa, Mr. Mouktar Diop, Jonathan said that although it was not easy to undertake certain reforms in an intensely political environment, the Federal Government under his leadership will continue to evolve and implement policies that will assure sustainable development and the long-term well-being of the nation

Akinjide, who stated this in Abuja during a meeting with the Managing Director of Rice Africa, a Pan-African organisation, Dr. Edwin Idu, said agriculture was one of the pillars of the transformation agenda of the Federal Government

The position of the minister contradicts that of the Permanent Secretary in his ministry, Ibukun Odusote, who said in December 2012 that the government was going to procure 10 million handsets for farmers at a rate of N4,000 or N6,000

The historic listings of the two firms simultaneously on the NSE is sequel to the adoption of a monoline commercial banking structure by UBA Plc, as approved by shareholders on December 13, 2012

Amosun said the NNPC is culpable because it has failed in its duties to protect the nation’s pipelines

The Public Relations Officer of the NCS, MMIA command, Thelma Williams, confirmed the arrest

The Public Relations Officer of the NSCDC in Ogun State, Kareem Olarenwaju, said they could not make any arrest as the vandals fled through the water ways

The delay, according to the Director General of the NCAA, Dr. Harold Demuren, was caused by the failure of the families to complete the process for the payment

Sambo urged the companies to honour the contract it signed with the Federal Government, noting that non-payment for government investment on power may affect the smooth operation of the sector as government is paying for gas and other components to enable the sector function

Ahmed, who gave the explanation during the January monthly interactive session with the press and members of the public, The Governor Explains, said it was unfortunate that governments at all levels in the country have, over the years, allowed the civil service to grow at the expense of the other sectors of the economy

Sources said the arrest and quizzing of the former CBN governor was in connection with the contract he awarded for the printing of polymer currency notes to an Australian firm while he was governor of the CBN between 2006 and 2008

The vice president’s visit will afford him a first-hand opportunity to better understand Nigeria’s development opportunities and challenges, and how the country plays a major leadership role in West Africa

The Critical Maritime Routes in the Gulf of Guinea Programme will help governments across West and Central Africa to improve safety of the main shipping routes by providing training for coastguards and establishing a network to share information between countries and agencies across the region

The airport, which was among the first 11 airports scheduled for remodelling under the transformation agenda of the Federal Governmentm being championed by the Minister of Aviation, Princess Stella Adaeze Oduah, has undergone dramatic change recently, FAAN said in a statement

The ship, which exploded at the ever busy Tincan Island Port, caused panic among the people in the vicinity

In the framework of the European Union’s existing Financing Agreement with Ghana, the amount of 10M€ equivalent to 25,000,000 GHS released to the treasury for onward transmission to the Ministry of Health will support the implementation of the MDG Accelerated Framework and Country Action Plan developed to combat maternal mortality