Tony Elumelu
Foundation Supports Flood Victims with N1bn Donation
The Tony Elumelu Foundation (TEF) has given a boost to the
on-going efforts for the rehabilitation of victims of the recent flood disaster
across the country with a donation of N1 billion.
With this donation, Mr. Tony Elumelu has joined the league
of African titans of philanthropy, who are redefining corporate giving in
Nigeria.
Published in Thisday
Newspaper on Monday, 3rd December, 2012
Nigeria Loses $500m
Annually to European, American Universities
The Committee of Vice-Chancellors of Nigeria (CVC) said at
the weekend that Nigerians spend an average of $500 million annually on
European and American universities.
This was contained in a communiqué issued at the end of a
two-day Consultative Policy Dialogue on the Future and Relevance of the
Nigerian Universities and other Tertiary Institutions, organised by CVC and
Trust Africa, Dakar.
Published in Thisday Newspaper on Monday, 3rd December, 2012
15m Nigerians Suffer
from Asthma, Tuberculosis
Aside from Malaria and the dreaded Acquired Immune
Deficiency Syndrome (AIDS), which are frequent killer diseases, medical experts
have warned that there are other dreaded diseases, which have afflicted as many
as 15 million Nigerians. The ailments are asthma, tuberculosis and other
chest-related diseases.
The red flag was raised in a communiqué by the Nigerian
Thoracic Society (NTS) at the weekend when it rounded off its annual general
meeting in Ilorin, the Kwara State capital.
Published in Thisday Newspaper on Monday, 3rd December, 2012
NEITI to Audit Excess
Crude Account, Derivation Fund
The Nigeria Extractive Industries Transparency Initiative
(NEITI) will commence a comprehensive and independent audit of the fiscal
allocation and statutory disbursements of the extractive industries revenue
funds from the federation account to Nigeria's three tiers of government.
The audit will amongst other objectives establish how funds
from the account were distributed and received by the federal, state and local
government councils.
Published in Thisday Newspaper on Monday, 3rd December, 2012
The Tony Elumelu
Foundation (TEF) has given a boost to the on-going efforts for the
rehabilitation of victims of the recent flood disaster across the country with
a donation of N1 billion.
With this donation, Mr. Tony Elumelu has joined the league
of African titans of philanthropy, who are redefining corporate giving in
Nigeria.Published in Thisday Newspaper on Monday, 3rd December, 2012
FG to Boost SME Funding, Create 5m jobs
The Federal Government is set to reduce the cost of accessing funds by SMEs within the lifetime of the current administration, as part of strategic efforts to create jobs, generate wealth and enhance economic growth.
The Minister of Trade and Investment, Mr. Olusegun Aganga, disclosed this in Lagos, and added that he had already directed the Bank of Industry (BoI) and the Small and Medium Enterprises Development Agency (SMEDAN) to collaborate on creating about five million jobs within the next two years.
Published in Thisday Newspaper on Monday, 3rd December, 2012
SON Begins
Scientific Validation, Testing on Electronic Products
The
Standards Organisation of Nigeria (SON) is poised to begin a scientific
validation and testing exercise on electronic products in order to ensure that
electronic products meet the minimum standards for safety and performance in
the country.
The
Director General, SON, Dr. Joseph Oumodu, explained that there have been lots
of issues concerning the quality of electronic products in the nation. He
stated this while addressing the media during SON’s inspection exercise to
Fouani Nigeria Limited, makers of LG products, in Lagos.
Published
in Thisday Newspaper on Monday, 3rd December, 2012
Group Seeks Rapid
Development for Africa
The
Chief Communications Officer at African Center for Economic Transformation
(ACET) Dr. Sheila Ochugboju, has stressed the need for policy makers in Nigeria
and other African countries to initiate policies that would bring about rapid
development of the continent.
To
this end, Ochugboju who spoke at a media briefing organised by the Africa
Future Roundtable in Lagos at the weekend, disclosed that the group would hold
a two-day conference starting today.
Published in Thisday Newspaper on Monday, 3rd December, 2012
The
Imo State Government and the European Union (EU) have entered into partnership
to execute 200 micro projects in different communities of the state under the
MPP9 community projects involving the nine Niger Delta states.
The
disclosure was made by the EU Ambassador to Nigeria and ECOWAS, Dr. David
Macre, when he paid a recent courtesy visit to the state governor, Mr. Rochas
Okorocha, in government house, Owerri.
Published
in Thisday Newspaper on Monday, 3rd December, 2012
Fashola Inspects
Projects, Cautions on Dangers of Environmental Abuse
Lagos
State Governor, Mr. Babatunde Fashola (SAN), at the weekend continued his
inspection of ongoing projects across the state, reiterating the commitment of
his administration to the safety of lives even as he warned members of the
public against encroachment on lands and properties belonging to government.
Fashola,
who began his inspection from the drainage projects along WEMCO Road, also
inspected the Shogunro Scheme Phase 1 and 2 Lagos HOMS in Ogba, the Yaya
Abatan/College Road Upgrading project in Ifako-Ijaiye, the Ogo-Oluwa Road
Network project also in Ifako-Ijaiye, the proposed Digital Village (Katangowa),
Amikanle, the Elere Channel and Ayinke House Upgrade in Ikeja.
Published
in Thisday Newspaper on Monday, 3rd December, 2012
NBS:
Flood Impact on Agric Won’t be Severe
The National Bureau
of Statistics (NBS) has confirmed the
position of the Federal Ministry of Agriculture and Rural Development (FMARD),
that the recent flooding of some farmlands across 12 states in the country
notwithstanding, the country would not experience any food crisis.
In its just published
third quarter 2012 Gross Domestic Productivity (GDP) report posted on
www.nigerianstats.gov.ng, the national statistical agency pointed out that its
analysis suggested that the impact of the recent flood in some parts of the
country would not be severe in view of the fact that each crop type has a
gestation period and prevalence in each state.
Published in Thisday Newspaper on Monday, 3rd December,
2012.
Published
in Businessday Newspaper on Monday, 3rd December, 2012
NEITI to commence national fiscal
allocation, statutory disbursement audit
The Nigeria
Extractive Industries Transparency Initiative (NEITI) is to commence an
independent audit of fiscal allocations and statutory disbursement of the
extractive industries revenue from the federation account to the three ties of
government.
The Federal
Executive Council (FEC) had already approved this project at its last meeting
on Wednesday in Abuja.
Published
in Businessday Newspaper on Monday, 3rd December, 2012
FG Set to crash cost of accessing
funds
The Federal
Government is set to reduce the cost of accessing funds by SMEs within the
lifetime of the current administration, as part of strategic effort to create
jobs, generate wealth and enhance economic growth, Olusegun Aganga, minister,
trade and investment, has said.
Aganga, who
made this known in lagos, recently, also disclosed he as already directed the
Bank of Industry (BoI) and the small and Medium Enterprises Development Agency
(SMEDAN) to collaborate on the creating about 5million jobs within the next
years.
Published
in Businessday Newspaper on Monday, 3rd December, 2012
US Consulate-sponsored youth
fellowship programme now accepting applications
The
Carrington Youth Fellowship Initiative (CYFI), a dynamic, youth-based
fellowship programme launched in late 2011 by the US Consulate General, Lagos,
is now accepting applications for its 2013 programme year, according to a
statement from the US Consulate in Lagos.
CYFI is a
yearlong programme in which outstanding young Nigerians are selected as fellows
and grouped into teams to design and implement a project with a social impact.
The US Consulate General, Lagos, provides selected fellows with financial
support for their projects, networking opportunities, and a transportation
stipend. In addition, fellows meet other like-minded youth and build a closer
relationship with the Consulate.
Published
in Businessday Newspaper on Monday, 3rd December, 2012
Delta to spend N8.39bn on education
in 2013
In line
with its policy to develp human capital, Delta State government has earned the
sum of 8.93billion to the education sector in its 2013 fiscal year.
The State
Governor, Emmanuel Uduaghan gave the disclosure during the presentation of 2013
budget estimates of N398.31 billion to the state house of assembly for the
approval.
Published
in Businessday Newspaper on Monday, 3rd December, 2012
Rockefeller, others float
scholarship for African women
The Green
Belt Movement, Rockefeller Foundation and the Kenya Community Development
Foundation have instituted a scholarship scheme to empower African women
between the ages of 18 and 25.
The
initiative known as Wangari Maathai Scholarship Fund seeks to encourage and
promote a youth-led sustainable development agenda that is grounded in values.
Published
in Punch Newspaper on Tuesday, 4th December, 2012
Army
evicts civilians from barracks
The
authorities of the Nigerian Army have commenced the eviction of civilians
living in military formations across the country.
Chief of
Army Staff, Lt. Gen. Azubuike Ihejirika, had issued a directive to all
commanders of the Army to immediately
evict all squatters in military barracks, in reaction to the twin bomb attacks
at the St. Andrew Protestant Church, Armed Forces Command Staff College, Jaji,
penultimate Sunday.
Published
in Punch Newspaper on Tuesday, 4th December, 2012
Our
correspondent gathered that hundreds of aggrieved women, youths and community
leaders seized the facility to protest against some unfulfilled demands.
Published
in Punch Newspaper on Tuesday, 4th December, 2012
Chief
Executive Officer, Dana Airline, Mr. Jacky Hathiramani, stated this in a
statement by the airline’s spokesman, Mr. Tony Usidiamen.
Published
in Punch Newspaper on Tuesday, 4th December, 2012
Imoke, diplomats salute glorious
Golden Eaglets
Encomia
continue to pour in for the Golden
Eaglets after their qualification for the 2003 African Under- 17 Championship
in a fashionable manner on Sunday with a 4-0 aggregate win over the junior
Eagles of Mali in Bamako.
In fact ,
the Golden Eagles were still drumming and singing in the dressing room when
congratulation message of their foremost Benefactor, Senator Liyel Imoke, the
Governor of Cross River State, was
delivered.
Published
in Daily Sun Newspaper on Tuesday, 4th December, 2012
World AIDS Day: NIRM tasks
government on HIV drug supply
As Nigeria
Institute of Medical Research (NIRM) joined the rest of the world to mark this
year’s Global AIDS Day, it has charged Nigerian government at all levels to
intensify supply of antiretroviral drugs (ARVs) to patients living with the
scourge.
Making the
call during the weekend in Lagos, the Director General of Institute, Prof
Innocent Ujah said NIMR was committed to WHO’s theme: “zero-related death” due
to Human Immuno Deficiency Virus and Acquired Immune Deficiency Syndrome
(HIV/AIDS) in Nigeria.
Published
in Daily Sun Newspaper on Tuesday, 4th December, 2012
Community Project gulp N1.6bn in
Cross River
The
Establishment of Community and Social Development Projects (CSDP), Across the
county seems to be yielding positive results.
CSDP is an
amalgam of two successful pilot World Bank projects in Nigeria including
Community Based poverty Reduction (CSDP) and the Local Empowerment
Environmental management Projects (LEEMP).
Published
in Daily Sun Newspaper on Tuesday, 4th December, 2012
The fake
drugs were impounded by Kano State Government following a month long crackdown
on various illegal and clandestine pharmaceuticals outlets across the state.
Published
in Daily Sun Newspaper on Tuesday, 4th December, 2012
FG gives N208m grant to
entrepreneurs
The Federal
Government, through the Presidential Committee on Inventions and Innovations
(PCII) has as set aside the sum of N208.97 million to be disbursed as grants to
entrepreneur in the country.Minister of Science and Technology, Prof. Ita Ewa , who made this known at the Technology Incubation Centre (TIC), Aba during the second graduation ceremony of entrepreneurs trained by the center said that the objective was to further support the commercialization of Research and Development (R&Ds) output and other innovative efforts.
Published in Daily Sun Newspaper on Tuesday, 4th December, 2012
Why Nigeria may end up as 27th
world best economy in 2020. …As Saudi takes 20th position
The Kingdom
of Saudi Arabia may have scuttled Nigeria’s dream of becoming the 20th
leading economy in the world by the years 2020.
This,
according to recent IMF World Economic report, cited improvement made by the
Kingdom over the last few years, as the factors that made her take over
Nigeria’s place in economic targeting for 2020.
Published
in Daily Sun Newspaper on Tuesday, 4th December, 2012
Fashola partners Satallion group on
agriculture
Lagos State
Government, Mr. Babatunde Fashola (SAN), yesterday sought partnership with the
private sector on agriculture, saying aside addressing the food security of the
state, His administration aimed at opening up the value chain for participation
and opportunities in the sector.
Governor
Fashola, who spoe at the Lagos House, Ikeja, while playing host to the
management team of the Stallion Group led by its Managing Director, Mr.
Harpreet Singh said investment in agriculture was not only about growing food,
but now include food processing, packaging, merchandizing and a possible
commodities exchange.
Published
in Daily Sun Newspaper on Tuesday, 4th December, 2012
FG spent N25BN to tackle flood
disaster –SGF
The Federal
Government yesterday disclosed that a total of N25bn was taken from the
Ecological Funds to tackle the recent floods that ravaged the country.
Secretary
to the Government of the Federation (SGF), Chief Anyim Pius Anyim stated this
when he appeared before the Uche Ekwunife –headed House Committee on
Environment.
Published
in Daily Sun Newspaper on Tuesday, 4th December, 2012.
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