70% shareholding held by apex bank, says financial statement Initiative is stillborn, says appointed asset manager National budgets less than 10% of yearly expenditure need Low private sector participation slows race to N160tr yearly spending About five years after ex-President Muhammadu Buhari approved the establishment of N15 trillion ($37 billion at the time it was […]
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Agency Report The Niger Delta Development Commission has warned the public regarding the activities of fraudsters offering non-existent postgraduate scholarships to unsuspecting victims. The Director of Corporate Affairs at the NDDC, Mrs Seledi Thompson-Wakama, issued the warning in a statement released in Port Harcourt on Sunday. She disclosed that the scammers had been soliciting money […]
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The President of Dangote Group, Alhaji Aliko Dangote, says he is still fighting for the survival of his $20bn refinery, stressing that the fight is not yet finished. Dangote expressed optimism that he would win the fight for the refinery, stating his determination to fight on. According to Semafor, an international news medium, Africa’s richest […]
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The National Assembly has urged the Supreme Court to dismiss the suit filed by 11 Peoples Democratic Party governors challenging the declaration of a state of emergency in Rivers State. The federal legislature, in its response, contended that the plaintiffs’ suit was procedurally flawed and lacked merit. The National Assembly said this in a preliminary […]
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By Banji Ayoola Experiences everywhere on earth today show clearly a great deficiency, and the greatest need for mankind to remorsefully turn back from our great error. Our most fundamental error, which has led us to all the other errors, consequences of which we are suffering everywhere today. There is a great need to reinstate, […]
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Agency Report Donald Trump said in a Sunday interview that the “good parts” of today’s US economy flow from his policies, while the bad can be blamed on his predecessor, Joe Biden, who “did a terrible job.” “Ultimately, I take responsibility for everything,” the US president said in an interview on NBC’s “Meet the Press” […]
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In an emergency move to to avert the collapse of Nigeria’s electricity supply chain, President Bola Tinubu is billed President Bola Tinubu to meet the leadership of the nation’s power-generating companies over the staggering N4 trillion debt crippling the sector. The Gencos had reportedly warned the Federal Government over the continued accumulation of debts comprising […]
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Eminent lawyer Chief Wole Olanipekun, SAN, has counseled his Ekiti State kinsmen and Nigerians generally to focus on industry, productive and hard work as means for their purposeful existence rather than pursuing politics for livelihood. He spoke at the weekend while commissioning an ultramodern conference hall donated by the founder of Igbekeleoluwa Foundation, Mr. Ayodele […]
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By Tonnie Iredia Political defections occur in many countries of the world. Donald Trump, the current president of the United States of America who is now a Republican was once a Democrat. Defection is therefore neither new nor restricted to Nigeria. Whereas it is not too difficult to appreciate the rationale for political defections in […]
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The ongoing reforms by the Federal Government are already yielding positive results that will eventually transform Nigeria according to The Tinubu National Solidarity Movement (TNSM). While reaffirming its confidence in the President Bola Tinubu administration, the group’s National Chairman, Mohammed Sani Akwashiki, praised Tinubu’s capacity, courage, and commitment to delivering the Renewed Hope agenda within […]
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