Activists
task LASG on public health law reform
Stakeholders in various fields, including
health sector, non-governmental organisations, youth agencies,
legal services and agencies for the protection of women and
children have expressed the need to examine the Lagos State Public Health Law,
with a view to determining how adequate and effective they are in addressing
the needs of youths and adolescents in the state.
Published in Punch Newspaper on Sunday,
16th December, 2012
NAFDAC
trains Consultants
The authorities of the National Agency for Food
and Drug Administration and Control have worked out modalities to train and
accredit persons or corporate bodies to deal with the agency in the various
aspects of its regulatory and control activities.
Published in Punch Newspaper on Sunday,
16th December, 2012
Nigeria
to lose $130bn annually over non conclusion of power
The
consequence of inadequate power supply to the Nigerian economy is high and will
increase the opportunity cost to Nigerians by 2020 as the impact of
non-conclusion of the Power sector reforms could be as high as US$130bn
annually.
Published in BusinessDay Newspaper
on Monday, 17th December, 2012
Skye
bank incerases financial support to agriculture
Skye Bank Plc has indicated that it would drive
top-line performance and profitability by expanding support for growth sectors
of the Nigerian economy such as agriculture while minimizing costs through
low-cost deposits.
Published in BusinessDay
Newspaper on Monday, 17th December, 2012
Investing
in stocks… your ignorance is someone’s gain
One of the greatest risks one can
take in life is forcefully trying to be part of a club one does not know how it
operates.
The same is applicable to the
capital market; you cannot stake your money in a market where you have little
or no knowledge about. Isn’t that pretty risk?
Published in BusinessDay
Newspaper on Monday, 17th December, 2012
GIZ,
SMEDAN present Enterprises Baseline Survey
German Agency for International
Cooperation (GIZ) and the Small and Medium Enterprise Development Agency of
Nigeria (SMEDAN) presented the Enterprises Baseline Survey (EBS 2012) report to
the public on Monday in Abuja.
The report was conducted in
five pilot states - Kwara, Niger, Plateau, Oyo and Ogun states to the public
and was conducted to complement the data generated by the 2010 National MSMEs
Survey, an initiative of SMEDAN in collaboration with the National Bureau of
Statistics (NBS).
Published in BusinessDay
Newspaper on Monday, 17th December, 2012
Invest in Agric Bonds,
Minister Urges AMCON, PenCom
The Minister of Agriculture and Rural
Development, Dr. Akinwunmi Adesina has advised the Asset Management Corporation
of Nigeria (AMCON) and the National Pension Commission (PenCom) to invest part
of their funds in agricultural bonds in order to boost financing of the agric
sector.
Published in ThisDay Newspaper on
Monday, 18th December, 2012
Nigeria
targets 20% Broadband Penetration in 2017
Worried by the low broadband penetration in the
country, which is put at 6 per cent, the Minister of Communications
Technology, Mrs. Omobola Johnson said government had taken some measures that
would deepen penetration by additional 14 per cent by 2017.
Published in ThisDay
Newspaper on Tuesday, 18th December, 2012
Court
admits fresh evidence linking Ndume to Boko Haaram
Justice Gabriel Kolawole of the Federal High
Court sitting in Abuja, yesterday, admitted fresh sets of evidence, showing
that Senator Mohammed Ali Ndume, allegedly made seventy-three contacts with the
Boko Haram Islamic sect.
Published in ThisDay
Newspaper on Tuesday, 18th December, 2012
Women
hold Bayelsa chiefs hostage over feud with Shell
The protest against the management of the Shell
Petroleum and Development Company (SPDC) in Nembe Kingdom, in Nembe Local Government
Area of Bayelsa State, took a twist after aggrieved women and youths reportedly
held hostage scores of community chiefs over alleged lack of support against
the oil company.
Published in ThisDay
Newspaper on Tuesday, 18th December, 2012
Philanthropy:
Seplat Pearlz quiz: Schools get bus, N1.3m
Ufua
Memorial Group of Schools, Uromi, has emerged winner of the inaugural earning
them a new school bus and N1.3 million cash.
Three
female students; Chinyere Abbattam, Khafayat Ogundeko and Rahmat Usidebhofo
represented their school to take the price in Sapele on Friday December 14,
2012.
Published in Vanguard Newspaper
on Tuesday, 18th December, 2012
Abdulsalami Abubakar
laments negative effects of insecurity in Northern Nigeria
Former
Head of State, General Abdulsalami Abubakar, has said the insecurity in the
country, especially in the north, occasioned by the activities of Boko Haram,
was taking a serious toll on the economy of that part of the country and warned
those behind the killings to put a stop to it.
Published in Guardian
Newspaper on Wednesday, 19th December, 2012
ECOWAS
reassures member-states’ citizens on security, peace, others
President of the Economic Community of West
African States (ECOWAS) Commission, Kadré Désiré Ouédraogo, has assured
citizens of member-states on the organisation’s determination to make the
region a zone of peace governed by the rule of law and respect for human
rights.
Published in Guardian Newspaper
on Wednesday, 19th December, 2012
Govt set to assist
farmers with N3tr in 2013
The
Minister of Agriculture, Dr. Adesina Adewunmi, has disclosed that the Federal
Government would assist 76,000 young farmers with N3 trillion from some
financial institutions in the first quarter of 2013.
Adewunmi
stated this at a workshop on “Financing Nigeria’s Agricultural Revolution,’’
organised by the Securities and Exchange Commission (SEC) in Lagos recently.
Published in Guardian Newspaper
on Wednesday, 19th December, 2012
Olive MFB empowers
fish farmers with N40m
Olive
Microfinance Bank said it had empowered about 800 fish farmers in Ibeju Lekki
fishing area of Lagos State with over N40 million this year even as the bank
has concluded plans to establish a branch in Akodo town.
The
Managing Director of the Bank, Mr. Eniola Agbesoyin, who disclosed this
recently at the bank’s customer’s forum organised for the farmers in Akodo,
said the corporate action was in line with the vision of the bank to empower
the active poor to succeed in life.
Published in Guardian Newspaper
on Wednesday, 19th December, 2012
NACCIMA
seeks govt’s intervention on ban of sub-standard goods
National Association of Chamber of Commerce,
Industry, Mines and Agriculture (NACCIMA) has urged the Federal Government to
deploy all machineries at its disposal to stem the influx of sub-standard
products into the Nigerian market, citing them as a threat to the growth the
nation’s industries.
Published in Guardian Newspaper
on Wednesday, 19th December, 2012
Philanthropy:
Flour Mills donates N200m, food items to food victims
Flour
Mills of Nigeria Plc has donated N200m for the welfare of the victims of the
2012 national flood disaster.
The
Milling Manager of the company, Mr. Solomon Obichukwu, stated this on Friday at
the Government House, Awka where the company delivered a trailer-load of relief
materials to the flood victims in Anambra State.
Published in Guardian Newspaper
on Wednesday, 19th December, 2012
Imo Govt. employs 2,000 teachers
Governor
Rochas Okorocha of Imo State on Wednesday announced the employment of 2,000
teachers for effective teaching.
At the
inauguration of “No teacher, No School” programme of his administration and the
presentation of school inspectors, Okorocha said adequate and right calibre of
teachers would enable the state to realise its educational goal, the News
Agency of Nigeria reports.
Published in Punch Newspaper
on Wednesday, 19th December, 2012
Lafarge supports
Sagamu with N85m projects
Lafarge
Cement WAPCO Nigeria Plc said it has expended about N85m on development
projects in Sagamu, Sagamu Local Government of Ogun State.
The
company also said the Sagamu Development Association/Lafarge Skill Acquisition
and Development Scheme had produced 29 technicians in engineering and trades.
Published in Punch
Newspaper on Wednesday, 19th December, 2012
Benue proposes N130,
9b budget for 2013
Benue State Government yesterday presented the 2013 budget to
the state House of Assembly, proposing to spend N130.9 billion in the next
fiscal year, as well as a supplementary budget for the year 2012.
Presenting the budget christened, budget of ‘development and
growth effectiveness,’ Governor Gabriel Suswam said the budget sought to
promote the continuity of the development objectives of his administration,
adding that the budget in many ways was consistent with the demonstrable
objectives of the 2012 budget.
Published in The
Nation Newspaper on Wednesday, 19th December, 2012
Reps slash external
loan by $1.9b
The
House of Representatives has slashed the proposed borrowing profile of the
Federal Government for 2013 by $1.9 billion.
The
lawmakers agreed to the inclusion of Lagos State’s next tranche of $200million
from a World Bank loan of $600 million in next year’s budget.
Published in The
Nation Newspaper on Wednesday, 19th December, 2012
Fuel price increase
will trigger violent protest, NLC warns
A violent protest will be triggered should the government
increase fuel price as it did early in the year, Nigeria Labour Congress (NLC)
President Abdulwaheed Omar has said.
But Omar said he did not see the government hiking the fuel
price because it understands the hardship Nigerians are going through. The
Government would have spent over N1 trillion at the end of this year, to
subsidise petrol, which it says it could no longer afford.
Published in The
Nation Newspaper on Wednesday, 19th December, 2012
Pipeline vandals could
cripple downstream sector
The Nigerian National Petroleum Corporation has
said the activities of vandals who break into pipelines to steal petroleum
products could cripple the downstream sector of the industry if left unchecked.
Published in Punch
Newspaper on Thursday, 20th December, 2012
Philanthropy:
Techno Oil builds ICT centre for Lagos school
Techno
Oil Limited has unveiled an Information Technology Centre which it built for
Dr. Lukas Memorial Senior High School, Kirikiri, Apapa in Lagos.
The
project, the firm said, was aimed at building the needed human capacity in
technology to tackle contemporary knowledge challenges among Nigerian students.
Published in Punch
Newspaper on Thursday, 20th December, 2012
Rotary
holds workshop on total eradication of polio in Nigeria
The
desire to rid Nigeria of the endemic disease led Rotary International District
9110 to recently organize Polioplus Orientation Workshop with the theme: ‘We
shouldn‘t be the last,” in Lagos.
The
Governor, District 9110, Dr. Kamoru Omotosho said the workshop was organized to
encourage its members to actively participate in the process of eradicating the
disease in the world.
Published in Guardian
Newspaper on Thursday, 20th December, 2012
NEXIM
Bank, miners plan strategic framework for investments
The
Nigerian Export Import Bank (NEXIM) and the Miners’ Association of Nigeria have
unfolded plan to evolve a strategic framework that would ensure better
structure and sustainable investment inflow into solid mineral sector.
According
to a statement from the bank’s Corporate Communication Department, the plan was
essentially a gesture by the association’s patrons to ensure mutual cooperation
with NEXIM as a follow-up to the interactive business forum organised by it in
conjunction with the Federal Ministry of Mines and Steel Development.
Published in Guardian
Newspaper on Thursday, 20th December, 2012
Skye Bank has
indicated that it would drive top-line performance and profitability by
expanding support for growth sectors of the Nigerian economy such as
agriculture while minimizing costs through low-cost deposits.
The Bank cited the Imo Hill Farm as a case study of what the
bank has been doing in recent times to ease access to finance to farmers and
support them all through to meet the peculiarities of their operations.
Published in Guardian
Newspaper on Thursday, 20th December, 2012
ARMTI
wants incentives for farmers
The Executive Director of Agricultural and Rural
Management Training Institute (ARMTI), Ilorin, Mr. Samuel Afolayan has
canvassed more incentives to Nigerian youth towards encouraging them to adopt
farming as a profession.
Published in Guardian
Newspaper on Thursday, 20th December, 2012
Lagos pledges support for people
with disabilities
Lagos State Government on Wednesday restated its commitment
to enhancing the dignity and rights of persons with disabilities. It
added that it was when people with disability are not segregated, but included
in decision-making, that the nation could be said to be on the right path
Published in Punch
Newspaper on Thursday, 20th December, 2012
The
Kebbi State Community and Social Development Project (KBCSDP) have reportedly
spent N688 million on 287 micro projects across 105 communities in the state. Its
General Manager, Usman Abubakar, stated this at a recent two-day training
workshop for 21 newly elected Chairmen of Local Government Councils in Kebbi
state held at Sokoto the state capital.
Published in ThisDay
Newspaper on Friday, 21st December, 2012
‘NTI spent N11.5bn on
teachers capacity workshops’
About N11.5 billion has been expended by the National Teachers’
Institute (NTI), Kaduna, on the capacity building workshops for primary and
junior secondary schools teachers in the country, Director General of the
institute, Dr. Aminu Ladan Sharehu, has said.
Addressing
newsmen, the Dr. Sharehu said the money was expended between 2009 and this
year. He said amount was used in training 425,000 teachers in the country.
Published in ThisDay
Newspaper on Friday, 21st December, 2012
FHA
seeks N300bn intervention fund for Housing Sector
The Managing Director, Federal Housing Authority, Mr. Terver
Gemade, on Thursday called on the Federal Government to set up an intervention
fund of N300bn to reduce the estimated 17 million-unit housing deficit in the
country.
Presenting the scorecard of the agency to journalists in Abuja,
Gemade said the amount, which should be in the form of a revolving loan to be
domiciled with the FHA, would help to provide mass housing for the medium and
low-income earners.
Published
in National Mirror Newspaper on Friday, 21st December, 2012
Sovereign
Wealth Fund to Commerce Investment in March 2013
Following the approval of its strategy document and the progress
made with its investment policy guidelines, the Ministry of Finance has
announced that the Sovereign Wealth Fund (SWF) is expected to commence
investment in a variety of instruments by March 2013.
The Coordinating Minister for the Economy ((CME) and Minister of
Finance, Dr. Ngozi Okonjo-Iweala, who gave an update on the fund in a statement
issued yesterday by her Special Adviser, Media, Mr. Paul Nwubuikwu, said that
the strategy document was ratified by the board of the Nigeria Sovereign
Investment Authority (NSIA) chaired by Alhaji Mahey Rasheed.
Published
in ThisDay Newspaper on Friday, 21st December, 2012
Sweet
Sensation Rallies Support for Care People Foundation
The Managing Director of Sweet Sensation, a leading
Quick Service Restaurant, Mrs. Kehinde Kamson, has urged individuals, corporate
organisations in the country to always endeavour to assist disabled persons in
the country to make them useful and be able to contribute their quotas to the
nation’s economy.
Speaking at the 2012 edition of the Care People
Foundation annual rally for disabled held in Ibadan, Oyo State Capital, which
Sweet Sensation sponsored, Kamson pointed out that there were some disabled
persons, who would have done great in life if they got the needed support.
Published
in ThisDay Newspaper on Friday, 21st December, 2012
NEMA:
Flood Disaster Overwhelmed our Capacity
The National Emergency Management
Agency (NEMA) Thursday said the country’s resources and response
capacity were seriously over-stretched by the magnitude of the recent massive
flooding that ravaged 19 states of the federation.
The agency likened the magnitude of the Bayelsa flood as almost close to what occurred in Haiti where earthquake nearly made the entire country impassable.
Published
in ThisDay Newspaper on Friday, 21st December, 2012
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