MAKINDE HANNAH DAMILOLA The vice chancellor of Federal university Prof. Muhammed Sanusi-Liman, Vice-Chancellor, Federal University Lafia said that the institution spends not less than N84 million annually on diesel. Sanusi-Liman said this during the 7th matriculation cremony university campus. According to him, the institution depends solely on diesel and spends about N7 million monthly […]
Month: February 2018
SELF EMPLOYMENT: THE NEW CURRENCY OF THE WORLD
TIJANI BOLANLE SAFURAT Self-employed people generally find their own work rather than being provided with work by an employer, earning income from a trade or business that they operate. Further, In some countries governments (the United States and United Kingdom, for example) are placing more emphasis on clarifying whether an individual is self-employed or […]
IKORODU ECONOMIC SUMMIT 2018
ADEGORITE DAVID.O EKANEM SAMUEL Ikorodu Oga Development Association (IKODASS) in conjunction with Advocacy for Community Economic Development (A-CED) on Thursday, 22nd of February, 2018, at Origin Gardens and Zoo, Ebute, engages Stakeholders, private Sectors, and Civil Society on key developmental issues and economic Policies in Ikorodu Division. The Chairman of IKODASS, Otunba Ganiu Abiru, […]
HERDSMEN MAYHEM: POISNOUS TO THE ECONOMY.
Nigeria continues daily to struggle against forces that threatens its existence in the name of insurgence, but this time around with the rise of the Fulani Herdsmen rampage, not only the unity of the nation seem to be threatened but its economy which slowly recovers from recession. The Fulani Herdsmen mayhem is a nightmare that […]
NIGERIA FOREIGN EXCHANGE MARKET: CBN INTERVENTION, A SQUARE PEG IN ROUND HOLE.
No Nation is an island and this is why all over the world, sustainable economies are those built upon the foundation of concrete foreign reserve and to make that reserve readily available to foster economic growth and development. Nigeria, in order to remain the economy hub in the sub region has made stringent effort to […]
THE ECONOMIC CONSEQUENCES OF HERDSMAN AND FARMERS CLASH
A pattern of killings perpetrated by supposed herdsmen which began about a year ago, still continues and this should worry all Nigerians from the President to the peasant. Cattle rearing and cattle rearers have over the years contributed their own quota to the economy of the South-East and the country at large. The place of […]
PETROLEUM INDUSTRY BILL (PIB): THE JOURNEY SO FAR
The Federal House of Representatives recently passed the Petroleum Industry Governance Bill (PIGB) which provides for the governance and institutional framework for the petroleum industry and for other related matters. The PIGB is one of four bills which the present administration had splited PIB into – Petroleum Industry Administration Bill (PIAB), Petroleum Industry Fiscal Bill […]
NIGERIA TELECOMS OPERATORS LOSE OVER 10M SUBSCRIBERS IN 2017, MOVES TO LURE BACK MORE USERS IN COMING YEARS.
The Nigeria’s telecommunications industry ended year 2017 with 145 million active subscribers, after losing 10 million customers within the period. According to the Subscriber statistics released by the Nigerian Communications Commission (NCC) which confirmed that Nigeria’s telecommunications teledensity crashed by seven percent as some 40 million populace, which reside in about 205 communities across Nigeria […]
CUSTOMS SEIZE LUXURY VEHICLES, INDIAN HEMP, OTHERS WORTH N1.7BN IN JANUARY
The anti-smuggling unit of the Nigeria Customs Service, NCS, the Federal Operations Unit, FOU Zone “A” in January generated over N1.7 billion as Duty Paid Value, DPV into the federation account from seized contraband goods, under declaration and concealment by smugglers and importers. Customs Area Controller, CAC of the unit, Mohammed Uba Gbarba, who disclosed […]
IKORODU-SHAGAMU ROAD: LAGOS MOTORISTS CRY OUT OVER STATE OF ROAD AS THEY LOSE THOUSANDS TO MAINTENANCE
Some Lagos state motorists have expressed their displeasure over the bad state of the roads of Ikorodu-Shagamu as they spend thousands meant for their family upkeep on maintenance of their vehicle daily. This is a very bad situation as they gain less and still spend little on ensuring their vehicles are in the best state […]