Month: January 2018

Nigeria woos foreign investors with infrastructure

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Vice President Yemi Osinbajo in Davos, Switzerland, said Nigeria was ready to partner international investors and friendly nations to develop Nigeria’s manufacturing sector and promised to boost infrastructure to provide ambience for investment. Osinbajo said this in a statement by his Special Senior Assistant on Media, Laolu Akande, in Abuja. Osinbajo stated this while meeting with a delegation of the Japan External Trade Organization (JETRO), led by Mr Hiroyuki Ishige, the organisation’s Chairman and CEO on the sideline of the World Economic Forum (WEF). According to Osinbajo, the Buhari administration…

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FG, States, LGs share N655bn for January

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The Federation Account Allocation Committee on Tuesday shared N655.17 billion to the three tiers of government as revenue for January. Minister of Finance, Kemi Adeosun, told newsmen in Abuja that the money was distributed under four distributable sub-heads. Adeosun said: “The total statutory revenue for the month is N540.44 billion. “It was made up as follows: Nigerian National Petroleum Corporation contributed N104.3 billion; DPR, N77.61 billion; Federal Inland Revenue Service collection from the oil sector is N88.37 billion; and N116.9 billion from the non-oil sector. “We also generated N51.98 billion…

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Obasanjo’s letter to Buhari: Arewa youths react

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The Arewa Youths Consultative Forum, AYCF, has praised the courage of former president Olusegun Obasanjo in his letter asking President Muhammadu Buhari not to contest the 2019 presidential election. In a lengthy and strong-worded letter dispatched to the Presidential Villa on Tuesday, the former President advised Buhari to resign and go home for various reasons. Reacting to the development, the president of Arewa Youths Consultative Forum, Alhaji Yerima Shettima, who spoke with Vanguard, pointed out that what Obasanjo said was what they had seen long ago and had been drawing…

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Man City reach Carabao Cup finals

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English Premier League leaders Manchester City have reached the English Football League (EFL) Carabao Cup final, as they survived a late fightback to win 3-2 against second-tier Bristol City on Tuesday. Their efforts helped them to clinch the tie 5-3 on aggregate, as they shattered second-tier Bristol City’s hopes of a remarkable upset. Manchester City appeared to be cruising when goals from Leroy Sane and Sergio Aguero either side of half time put them three goals up overall, after a 2-1 win in the first leg. But their plucky opponents…

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Reps change order of 2019 elections

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The House of Representatives on Tuesday amended the Electoral Act to change the order of 2019 general elections’ time table. This came barely a month after the Independent National Electoral Commission (INEC) released the time-table for the general elections. With the amendment, the National Assembly election is to hold first, followed by gubernatorial and state assembly polls and presidential election to be conducted last. The amendment was made at the Committee of the whole House, presided by the Deputy Speaker, Mr Yussuff Lasun. The lawmakers amended the Act while considering…

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NNPC to select financiers for refineries soon

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The Nigerian National Petroleum Corporation (NNPC) on Tuesday said it would soon pick financiers for the country’s refineries in Port Harcourt, Warri and Kaduna. A statement in Abuja by the NNPC Spokesman, Mr Ndu Ughamadu, says this development will boost petroleum products supply and distribution in the country. The statement quoted the NNPC Group Managing Director, Dr Maikanti Baru, as saying that agreements on the potential financiers for the refineries were being fine-tuned, following which the endorsement of the NNPC Board would be done this month. “We are pushing towards…

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Ortom: Benue anti-grazing law protects herdsmen too

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The Governor of Benue, Samuel Ortom, has warned citizens against cattle rustling and attacks on Fulani herdsmen in the state. Ortom gave the warning at an emergency stakeholders meeting in Makurdi on Monday. He urged the people to report any violation to the appropriate authorities for action. At least 73 persons have been killed in the state in attacks by suspected Fulani herdsmen. The governor warned residents against reprisal attacks. He said anybody that rustles cattle or kills Fulani herdsmen would not be spared, stressing that the anti-open grazing law…

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Health experts advocate autonomy for disease control centre

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Health experts have urged Nigerian lawmakers to give autonomy to the Nigerian Centre for Disease Control, NCDC so as to be able it fully operate without political hindrances. This plea was given by health partners and key players in the health sector at the public hearing conducted by the Senate Committee on Primary Healthcare and Communicable Disease at the National Assembly on Monday. The hearing, which had a large turnout had in attendance, the minister of health, Isaac Adewole, heads of the health agencies, health experts, International Partners and donors,…

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Microsoft to open 4 data centres in France

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Microsoft is to open four data storage centres in France to meet strong customer demand for cloud computing, the head of the software giant’s French operations told AFP on Tuesday. “There’s strong demand from our clients. A lot of them prefer to have (cloud computing) infrastructures and their data in their home territory,” Carlo Purassanta said. He did not reveal the size of the planned investment, but said that three of the centres would be located in the Paris region and the fourth in Marseille. France would become the fourth…

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2019: INEC seeks UN support to conduct credible election

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The Independent National Electoral Commission, INEC, has asked the United Nations, UN, for its support to conduct a peaceful, and credible election in 2019. The chairman of the commission, Mahmood Yakubu said this on Monday during a meeting with the United Nations Team led by the representative of the Secretary General, Needs Assessment Mission on the 2019 General Election, Sergi Kubwimana. He said INEC needed support in aspects like technology, capacity building for staff, voter education and sensitisation and the electoral process as the 2019 election is fast approaching. The…

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