Nigeria’s food council links high prices to mass purchase by organisations as Covid-19 parliatives

September 23, 2020

The federal government has attributed the incessant rise in food prices to mass purchases by organisations as COVID-19 palliatives. Atiku Bagudu, Kebbi State governor and vice president of the National Food Security Council made the assertion during the council’s meeting held at the Presidential Villa, Abuja. He explained that the escalating cost of food was […]

AfDB to fund multi-billion-naira Port Harcourt urban water scheme

Aderemi OjekunleSeptember 9, 2020

AU congratulates Adesina, pleges to support his second term bid as AfDB president

Ben Eguzozie, in Port Harcourt Project takes off 6 yrs late Expected to cater for 1.3m residents The African Development Bank (AfDB) would be providing 100 percent funding of the Rivers’ Port Harcourt urban water scheme, which would involve the rehabilitation and upgrading of water supply for the Port Harcourt metropolis, made up of Port […]

N1bn monthly pension debts put strains on Abia finances

Ben EguzozieMarch 19, 2020

… Retirees say they’re owed 32 months’ arrears   Abia State, an oil-producing Nigerian sub-national with a 2016 estimated gross domestic product (GDP) in excess of $12.5 billion is straining under rising monthly pension indebtedness to its retired workers. The state government has begun a biometric data capture for all pensioners in the state. Aham Uko, commissioner […]

Climate change: Akwa Ibom raises technical committee on global warming matters

Ben EguzozieFebruary 27, 2020

Akwa Ibom, a littoral state with vast oil and gas resources, has established a technical committee to serve as a platform for coordinating and mainstreaming global warming issues into programmes and policies of the state. The low-lying coastal state, with 7,081 square kilometres has much of its area lying on the lower/ deltaic area of […]

Hard times emerges in states as revenues shrink, wage bills rise

November 11, 2019

The continued wage bills rise and dwindling revenues across the Nigerian states is piling up fiscal crisis set to hit the states in the months ahead.

Investigations showed in the last four months, states’ allocations from the Federation Account had been on the decline. It was further learnt that efforts by state governments to shore up their internally generated revenues had not recorded the expected success as only two states were able to raise their IGRs above what they received from […]

NDDC’s 104 projects yet to take-off in Cross River

Ben EguzozieJuly 3, 2019

…agency inaugurates township road   At least 104 projects awarded by the Niger Delta Development Commission (NDDC) are yet to take-off in Cross River State, while 138 other projects are ongoing, business a.m.  has learnt. Meanwhile, the commission inaugurated only a township road, Adam Duke-Asuquo Ekpo Street in Calabar South Local Government Area, which it said, is part […]

8th Nigerian Senate unveils achievement books

June 7, 2019

On Thursday 6 June 2019, at the Valedictory Session for the 8th Senate, two books detailing the achievements of the 8th Senate in particular, and the National Assembly as a whole, were launched and distributed to legislators. Entitled ‘Legislative Legacy: 8th Senate on Record’ and ‘Masterplan: The Economic Reform Agenda of the 8th National Assembly’, […]

Dangote: 60% northerners live in extreme poverty

April 4, 2019

Aliko Dangote, Africa’s richest man and President of Dangote Group, Thursday lamented that 60 per cent of the people in the North live in extreme poverty. He charged the governors of the 19 northern states to wake up from their slumber and tackle the high rate of poverty in their region. Dangote, who threw the […]