approves

FEC Approves ₦1.7bn For Construction Of Jetty At Bonny

November 13, 2019 5:11 pm
The Federal Executive Council (FEC) presided over by Vice President Yemi Osinbajo has approved the sum of ₦1.7 billion for the construction of jetty at the Bonny Island in Rivers.

Minister of State for Transportation Gbemisola Saraki made the disclosure while briefing State House correspondents on Wednesday after the FEC meeting at the Presidential Villa, Abuja.

“Today, the Ministry of Transportation presented a memo for the approval of award of contract for the construction of jetty at Bonny Island in Rivers State.

“This approval was sought and was duly given.

“Some years ago, we had a jetty at Bonny Island; …

Imo: Ihedioha Approves Rehabilitation Of 5 Roads

Owerri: Ihedioha Approves Rehabilitation Of 5 Roads

October 31, 2019 3:43 pm

Imo Governor, Chief Emeka Ihedioha has approved the rehabilitation of five major roads in the state, with failed sections totaling over 155km.

The approval was contained in a release signed by his Chief Press Secretary, Mr Chibuike Onyeukwu and made available to newsmen in Owerri on Wednesday.

Onyeukwu listed the affected roads to include the failed section of the 52 km Owerri-Egbu-Mbaise-Obowo road, the failed section of Owerri-Njaba-Orlu 32km road and the Aboh-Itu Ezinihitte Mbaise 7.1km road.

Others are the failed section of Owerri-Amaraku-Anara–Onuimo-Umunna-Okigwe 51 km road and the Achingali-Onicha-Udo na Obizi 14 km road.

He added that the approval …

SON Approves Pidgin English For Education On Rights

SON Approves Pidgin English For Education On Rights

October 24, 2019 6:22 pm

The Standards Organisation of Nigeria (SON) has approved Law in Pidgin English Radio programme to educate Nigerians, especially those at the grassroots on their rights and privileges.

Speaking yesterday in Abuja during the official presentation of ISO 9001: 2015 Quality Management System Certificate and launch of the Law in Pidgin English Radio by an Abuja-based law firm, Ace Solicitors, the Director-General of SON, Osita Aboloma, stated that the law would help to educate Nigerians in a language they understand.

READ ALSO: One Killed As Hoodlums Attack Truck Park In Lagos

He spoke through Mr. Olumide Alade, also of SON.

“This …

Buhari Approves ₦10billion For Upgrading Of Enugu Airport

Buhari Approves ₦10billion For Upgrading Of Enugu Airport

October 17, 2019 10:00 am

Nigeria’s President Muhammadu Buhari has approved the sum of ₦10billion for the rejuvenation of the Akanu Ibiam International Airport, Enugu State.

“I have approved the sum of 10 billion Naira for an Intervention fund for the upgrade of the Akanu Ibiam International Airport, Enugu,” Buhari tweeted on Thursday.

“I have the assurance of the Minister of Aviation that the work will be done speedily and to the highest standards.”

Buhari reiterate his administration’s efforts to prioritise infrastructure development in every part of the country, stating that “It is our responsibility to ensure Nigeria’s infrastructure is fixed; we will keep doing …

IMF approves Congo Republic bailout after China debt deal

IMF approves Congo Republic bailout after China debt deal

July 12, 2019 12:12 am

The International Monetary Fund’s (IMF) executive board approved a bailout worth nearly $449 million for OPEC member Congo Republic on Thursday, potentially setting a precedent for other nations struggling under the weight of large debts to China.

Congo’s economy suffered from a sharp drop in crude prices in 2014, and debt levels had ballooned to 118% of GDP by 2017. But even as its oil producing neighbors secured IMF programs, Congo’s negotiations for a bailout dragged on for two years.

The Fund demanded that Congo ensure the long-term sustainability of its debt as a precondition for a three-year extended credit …

Afreximbank approves $1b for African trade

Afreximbank approves $1b for African trade

July 9, 2019 12:41 am

African Export-Import Bank (Afreximbank), has instituted a $1billion Agreement for the African Continental Free Trade Area (AfCFTA) Adjustment Facility to enable countries adjust in an orderly manner to sudden tariff revenue losses as a result of the implementation of the AfCFTA.

Afreximbank President, Prof. Benedict Oramah, who addressed the 12th Extraordinary Summit of African Union (AU) Heads of State, announced a series of initiatives to support the implementation of AfCFTA, yesterday in Niamey, Niger.

“This facility will help countries to accelerate the ratification of the AfCFTA,” he said, telling the heads of state that, by starting the operational phase of …

AFDB image

AfDB approves $200m for Nigeria’s electrification project

May 12, 2019 8:39 pm

The African Development Bank Group (AfDB) has approved $200million to boost Nigeria’s electrification project, particularly the off-grid expansion being implemented by the Rural Electrification Agency (REA).

A source in the bank, who did not want his name in print because he was not authorised to speak, said the project is expected to provide electricity to households, medium, small and micro enterprises (MSMEs) and public institutions in a least-cost and timely manner.

According to him, the project has four components which include solar hybrid mini grids for rural economic development, stand-alone solar systems for homes and enterprises, energising education as well …

Kano Assembly

Kano Assembly approves the creation of 4 new emirates

May 8, 2019 8:40 pm

The Kano State House of Assembly (KNHA), has approved the amendment of the Local Government and Chieftaincy Affairs law, paving way for the decentralisation of the Kano Emirate council.

The bill, known as Kano Emirs Appointment and Deposition Amendment Bill 2019 was promptly signed into law by Governor Abdullahi Ganduje.

It allows for the creation of four more first class emirs Rano, Karaye, Bichi and Gaya councils.

News Agency of Nigeria (NAN) reports that the assembly embarked on its earlier plans to amend the law following a petition filed before the house by Ibrahim Chambers.

The petitioner demanded for the …

NUC approves establishment of 3 more universities in Imo

May 8, 2019 12:21 am
The National Universities Commission (NUC) has approved the establishment of additional three universities in Imo.
The universities are the University of Science and Technology, Omuna Isiako, University of Creative Technology, Umuna and the University of Medical Sciences, Ogboko.

With the additional three universities, Imo now has five universities, the only state with the highest number of universities in the country.

Prof. Abubakar Rasheed, Executive Secretary of the commission, while receiving the master plan, Academic brief and Environmental impact analysis from Gov. Rochas Okorocha of Imo on Tuesday in Abuja, said the universities would meet the needs of the country.

Rasheed …

FEC approves the award of ₦169.74bn for 10 roads

May 4, 2019 10:30 am

The Federal Executive Council (FEC) has approved the award of N169.74 billion contracts for the construction and rehabilitation of ten roads across the country.

With the award, it is expected that 2,750 direct jobs will be generated with over 90 per cent to be taken up by Nigerian workers.

The Minister of Power, Works and Housing, Babatunde Fashola stated the roads will open up settlements, provide access for evacuation of goods and services and improve socio-economic lives of the beneficiary communities.

The Special Adviser to the Minister on Communications, Hakeem Bello, in a statement in Abuja on Saturday, explained the …

FG approves ₦100bn for completion of East-West road

April 9, 2019 10:13 pm

The federal government has approved N100 billion for the completion of Sections 1 to 4 of the East-West road project.

The Minister of Niger Delta Affairs, Usani Uguru Usani made the disclosure in Abuja at a meeting with the Host Communities of Nigeria Producing Oil and Gas (HOSTCOM), led by its National Chairman, Chief Style Benjamin Tamaranebi.

At the meeting, HOSTCOM, the parent body of all oil and gas producing, impacted, satellite communities in the Niger Delta region, appealed to the federal government for the release of the lingering gas flare penalty fund as discussed and approved by late President …

INEC approves 72.7 million to vote

February 21, 2019 11:03 pm

More than 72 million Nigerians have been cleared by the Independent National Electoral Commission (INEC) to vote in tomorrow’s presidential and National Assembly elections.

They represent 86.63 per cent of the 84 million registered would-be voters who collected Permanent Voter Cards (PVCs), INEC Chairman Mahmood Yakubu said yesterday at his daily news briefing.

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