#Empowerment: LASG plans job training
for 750 youths
The Lagos
State Government says no fewer than 500 youths in the state will be given free
software engineering training, adding that another 250 youths will receive a
special training to boost their skills. The government which explained that the
beneficiaries would be selected in each division of the state said that the
initiative would increase the employability and orientation that would enable
the beneficiaries to fit into available job opportunities in the state.
Published by the Punch Newspaper on
Tuesday, 3rd May, 2016
#Econopmy: Diversification, way out
of economic woes- Bello
The Governor
of Niger State, Abubakar Bello, has said that diversification of the nation’s
economy remains the only way out of the present financial challenges facing the
country. He observed that the country was going through her most critical time
in the history.
Published by the Punch Newspaper on
Tuesday, 3rd May, 2016
#Power: We’ll generate 7,000MW in 18
months
Vice
President Yemi Osinbajo has assured Nigerians that the problems in the power
sector are being given serious attention as the Federal Government targets
generation of 7,000 megawatts in the next 18 months.
Published by the Punch Newspaper on
Tuesday, 3rd May, 2016
#MSMEs: LASG promotes local products
with MSME fair
As part of the
Lagos State Government’s marketing intervention support programme for operators
of Micro, Small md Medium Enterprises, the State’s Ministry of Commerce,
Industry and Cooperative will from Tuesday (today) to Sunday, May 8, 2016, host
the maiden edition of the Lagos State MSME Exclusive Fair.
Published by the Punch Newspaper on
Tuesday, 3rd May, 2016
#Investment#Health: Health
investment’ll reverse $1bn medical tourism bill
The Nigerian
Sovereign Investment Authority on Monday said it had commenced a massive
healthcare investment programme that will cover all six geopolitical regions in
the country. The Managing Director, NSIA, Mr Uche Orji, confirmed the
development in a statement issued in Abuja.
Published by the Punch Newspaper on
Tuesday, 3rd May, 2016
#CSR#MSME: Skye Bank, CDS to develop
business opportunities
Skye Bank on
Monday said it would continue to give support to business owners through its
Small and Medium Enterprise Support Policy, aimed at developing capacity to
grow and nurture businesses, thereby creating more employment for the people.
Published by the Punch Newspaper on
Tuesday, 3rd May, 2016
#Industry: Mining can earn for
Nigeria N5tn yearly
The Minister
of Solid Mineral Development, Dr Kayode Fayemi, has said that Nigeria can
generate about N5tn annually if it opens up the sector. He also said that the
solid minerals sector had the potential to generate a lot of jobs.
Published by the Punch Newspaper on
Tuesday, 3rd May, 2016
#Empowerment: ARM Pensions to reduce
skills gap in MDAs
ARM Pensions
Limited is seeking to reduce the level of skill gaps in pension desk officers
in the Federal Government’s Ministries, Departments and Agencies. The Regional
Manager, ARM Pensions, Mr Tunji Olabode, stated this at a workshop organized
for the PDOs in the MDAs in Abuja.
Published by the Punch Newspaper on
Tuesday, 3rd May, 2016
#Technology: We’ve been inspiring
youths with technology- Accenture
Accenture, a
service company, which provides solutions in digital technology and operations,
says it has been at the forefront of inspiring Nigerian youths to build careers
in Information and Communication Technology creativity and advancement.
Published by the Punch Newspaper on
Tuesday, 3rd May, 2016
#Agric: Lagos targets 25% food needs
in four years
The Lagos
State Commissioner for Agriculture, Mr Toyin Suarau, says the government is
bent on increasing food supply of the state from less than 15 per cent to 25
per cent within the next four years.
Published by the Punch Newspaper on
Wednesday, 4th May, 2016
#Oil: Lagos joins oil-producing
states as Aje field begins production
Twenty years
after it was discovered, the Aje Field located in Oil Mining Lease 113 has
achieved its first oil, putting Lagos on the list of oil-producing states in
the country. The milestone is coming after several missed targets for the
achievement of first oil, the latest being March this year.
Published by the Punch Newspaper on
Wednesday, 4th May, 2016
#Power: Power firms exploits
consumers, inflate bills
Apart from
increasing electricity tariffs astronomically, the power distribution companies
have also increased the energy consumption units of their consumers who get
arbitrary estimated bills, investigations have shown.
Published by the Punch Newspaper on
Wednesday, 4th May, 2016
#Oil&gas: FG to fast track
approval for gas projects
As most of
the nation’s natural gas reserves remain untapped, the Minister of State for
Petroleum Resources, Dr Ibe Kachikwu, has said the Federal Government will
accelerate approval for gas infrastructure projects. Kachikwu stated this in a
presentation at the 2016 Nigeria Content Presentation Forum in Houston, Texas,
United States, which was made available to our correspondents on Wednesday.
Published by the Punch Newspaper on
Wednesday, 4th May, 2016
#MSMEs: Lagos implements national
MSME policy
The Lagos
State Government on Tuesday commenced the implementation of the National Policy
on Micro, Small and Medium Enterprises with the inauguration of the state
council on MSMEs.
Published by the Punch Newspaper on
Wednesday, 4th May, 2016
#IndustryPulse: UBA plans to operate in
25 countries
The United
Bank for Africa plans to extend its presence to six more African countries to
bring the number to 25 as part of its continent wide expansion drive. Apart
from Nigeria, the bank presently operates in 18 other African countries and has
reported strong growth in the subsidiaries, which now contribute about 25 per
cent of the group’s operating revenue.
Published by the Punch Newspaper on
Wednesday, 4th May, 2016
#MSMEs: LAPO MfB seeks growth of SMEs
Lift Above
Poverty Organization, a microfinance bank, says it is committed to the growth
of Small and Medium Enterprises in the country. The lender said the SME sector
was crucial to the growth of the economy and the MfB was willing to partner
relevant stakeholders to boost the growth of SMEs.
Published by the Punch Newspaper on
Wednesday, 4th May, 2016
#Economy: Agric, solid minerals
export crucial to economic diversification
The Federal
government must seek to boost agricultural and solid minerals export to boost
its economic diversification drive, the Managing Director, Nigerian Ports
Authority, Mr Habib Abdullahi, has said. He said the agency had therefore keyed
into the Federal Government’s agenda to diversify the economy by focusing on
ways to encourage the export potential of agricultural products and solid
minerals.
Published by the Punch Newspaper on
Wednesday, 4th May, 2016
#SDGs: NSE, FCMB boost sustainable
development goal
The Nigerian
Stock Exchange and the First City Monument Bank Limited have collaborated to
enhance the Sustainable Development goal which focuses i=on health for all. The
FCMB in a statement on Tuesday said it was supporting this year’s edition of
the NSE’s Corporate Challenge coming up on May 14, 2016 in Lagos.
Published by the Punch Newspaper on
Wednesday, 4th May, 2016
#Technology: Technologists urge
government to implement agreement
The National
Association of Academic Technologists has urged the Federal Government to
implement an agreement that was signed with it seven years ago or face the
wrath of the workers.
Published by the Punch Newspaper on
Wednesday, 4th May, 2016
#Empowerment: Group begins
empowerment of young Nigerians
The African
Children Empowerment Initiative, a non-governmental organization, has commenced
skill development programmes for children and adolescents in Nigeria.
Published by the Punch Newspaper on
Wednesday, 4th May, 2016
#Economy: FG outlines 34 priority
projects
The Federal
Government has set out “34 strategic priority programmes and projects” that it
intends to achieve beginning with the 2016 budget. Minister of State for Budget
and National Planning, Zainab Ahmed disclosed this to reporters after a cabinet
meeting presided over by VICE President Yemi Osinbajo.
Published by the Daily Trust
Newspaper on Thursday, 5th May 2016
#Technology: FG set to meet deadline
on digital broadcasting
The Federal
Government has licensed 13 set-up box manufacturers and approved three digital
signal distributors in an effort to fast track the process to meet the June
2017 deadline for transition from analogue to digital television broadcasting
in Nigeria.
Published by the Daily Trust
Newspaper on Thursday, 5th May 2016
#Health; Govt earmarks N2.5b to
recruit doctors, nurses
The Katsina
State Government has earmarked N2.5 billion as special intervention fund to
address some key challenges in its health sector, the state Commissioner of
Health, Mariya Bala Usman has said.#
Published by the Daily Trust
Newspaper on Thursday, 5th May 2016
#Health: Govt to construct Medical
Park
The Lagos State Government yesterday disclosed its plans to
commence the construction of world class Medical Park under a Public Private
Partnership (PPP) arrangement
Published by the Daily Trust
Newspaper on Thursday, 5th May 2016
#Environment: Illegal felling of
trees banned
The Kogi
State Government yesterday banned illegal felling of economic trees and sand
excavation in its effort to protect forest reserves. Special Adviser to the
Governor on Environment, Sanitation and Emergency, Mrs Rosemary Osikaya
announced the ban when she led members of the Taskforce on Forestry in the
inspection to assess the level of deforestation in the eastern part of the
state.
Published by the Daily Trust
Newspaper on Thursday, 5th May 2016
#Investment: Commonwealth Investors
plan N199.20bn investments in Nigeria
Investors
under the Commonwealth Enterprise and Investment Council have planned to invest
N199.20 billion (about $1bn) in Nigeria. At a meeting with the Nigeria
Investment Promotion Council held in Abuja yesterday, Oliver Everett, the chief
executive officer of the council said the council would introduce investors to
Nigeria.
Published by the Daily Trust
Newspaper on Thursday, 5th May 2016
#Agric: Nigeria gets 12 varieties of
rice seeds from Guinea
The Republic
of Guinea has donated 12 high yielding varieties of rice seeds to Nigeria to
increase rice production in the country. The donation was presented to the
Federal Ministry of Agriculture and Rural development on behalf of the
Government of the Republic of Guinea by Ambassador Jerry Hassan, the Change “D”
Affairs of Nigeria to the Republic of Guinea.
Published by the Daily Trust
Newspaper on Thursday, 5th May 2016
#Power: FG to decentralize,
concession transmission grid
Nigeria is
seriously considering the decentralisation of its power transmission network
into segments which could be concessioned to private operators to invest in, manage
and charge transmission fees, the Minister of Power, Works and Housing, Mr
Babatunde Fashola has said.
Published by the This Day Newspaper
on Friday, 06 May 2016
#IndustryPulse: Insurance Industry
Asset to Hit N16 trillion by 2020
The insurance
industry, will achieve a market asset base of N16 trillion and premium income
of N6 trillion by the year 2020, the Director General of Nigerian Insurers
Association (NIA), Mr Thomas Sunday has said.
Published by the This Day Newspaper
on Friday, 06 May 2016
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