“The activities of illegal refineries are extremely damaging to the environment as significant proportion of the stolen crude used in the illegal refineries is disposed of in the environment
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He said the effort so far had indicated that the state governor was a true promoter of democracy
“This could be seen from some of the spectacular seizures, which he has made since assumption of office because of the strategies and the new approach we have taken in combating smuggling
The general manger said some of the damaged aircraft parked at the airport hangar could cause insecurity at the airport
The News Agency of Nigeria reports that the current land use charges were introduced following the harmonisation of the various charges on land in 2001
Senator Smart Adeyemi (PDP-Kogi) stressed the need to investigate why funds set aside for sugar development in the sugar levy accounts were used for other purposes
Kontagora said that it had also created transfer of technology to Nigerians, through manpower training due to specialised nature of their operators
He said that the Financial Times of London Magazine on FDI regarded OGFTZ as one of the most successful zones in Africa
Orji said the Future Generation Fund and the Nigeria Infrastructure Fund would get $325 million each from the $1 billion, while the Stabilisation Fund would receive $200 million
According to Kurfi, the introduction of market making and prompt release of quarterly and audited results by companies have boosted investors’ confidence in the market
The News Agency of Nigeria reports that the All-Share Index, which opened at 36,907.81, dropped by 90.07 points to close at 36,817.74.
Similarly, the market capitalisation dipped by N28 billion or 0.24 per cent to close at N11.77 trillion against the N11.79 trillion achieved on Friday
Obasanjo said that the nation’s economic development should not be hindered, adding that the country should start the process of backward integration, which would encourage the growth of local industries
“The global community is on track and already geared up and we are working to put in place a strategic platform that will involve us all and enable us track and fingerprint stolen crude
The monarch used the opportunity to call on the US Government to assist Nigeria in fighting terrorism, which he described as the major problem facing Nigeria at the moment
The quiet and unassuming ex-Manager, Sponsorship and Events of Globacom, it was learnt, recently dumped the indigenous giant telecoms firm to pick the job of the privately-owned and international university
Jonathan also promised to establish a cargo terminal for perishable food items at the airport to for the quick processing and evacuation of agricultural produce from the farm to consumers abroad
Governor Babatunde Fashola told newsmen on Saturday in Lagos that the state needed more funds to complete them before May 2015
He said the trucks that would be produced in Calabar would be of high technology and class, adding that the volume of production would be determined by the economic indices of demand
The minister said for the sake of Nigeria and Nigerians, it was critical that the ministry be reformed and professionalized to have the right people doing their jobs for the country
The All-Share Index rose by 500.65 points or 1.39 per cent to close at 36,907.81 against the 36,400.16 achieved on Thursday due to price appreciation by some blue chips