Maryland county — Maryland County Superintendent George Prowd has dedicated two newly completed county development-funded projects in Karluway and Barrobo districts, respectively. The dedicatory ceremony over the weekend brought together local authorities headed by Superintendent Prowd, Assistant Superintendent for Development, Robin Scott; projects management committee chair, Lawrence Kyen; statutory district superintendents, and district commissioners, among […]
Tag: Business and Finance
Liberia: Senate Cites LEC
The Plenary of the Liberian Senate has cited the authorities of the Liberia Electricity Corporation (LEC) to appear on Thursday, 25 August 2022. The LEC will appear and explain happenings at the Corporation with regards to the expiration of the Management Services Contract of the ESBI since 20 July 2022. Montserrado County Senator Abraham Darius […]
The United Nations in Liberia hosts a One-day Roundtable Dialogue with the Private Sector today, Tuesday, 23 August 2022, at the Monrovia City Hall to discuss and identify opportunities for mutual collaboration and partnership. According to a press release, the Dialogue to be led by the UN Resident Coordinatorto Liberia Mr. Niels Scott, will include […]
It’s not just the masters of corruption that need to be brought to justice but the consultants and bureaucrats who helped them Martha Ngoye is a whistleblower for the vast corruption at the Passenger Rail Agency of South Africa (PRASA). She is PRASA’s group executive for legal, currently suspended pending the outcome of a disciplinary […]
The definition of security as the state of individuals, groups and the entire society being free from danger or threat has not changed for time immemorial. However, unlike the ancient times when rulers like the Egyptian Pharoahs and Roman emperors, for instance, only had guards for personal, family and property security, today’s dynamics call for […]
The Minister of Transportation, Alhaji Muazu Sambo, has said that the Lekki deep-sea port project would create 112,000 jobs upon its completion. Sambo speaking in Jalingo, Taraba state said the port, which is the Premier Deep-Sea Port in Nigeria, would bring more tonnage and revenue to the government. He stated: “It is significant because the […]
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mallam Mele Kyari, yesterday poured cold water on calls for the legalisation of artisanal illegal refineries in the Niger Delta. Kyari, who spoke on the state-run Nigerian Television Authority (NTA) described the so-called illegal refining facilities as mere cooking pots, insisting that […]
The Central Bank of Nigeria’s (CBN) decision to revert interest rate on its Covid-19 intervention facilities has drawn the ire of stakeholders as well as experts, whose thoughts are that the action will not augur well for the beneficiaries, as the country faced inflationary rate pressure among other worsening economic indicators. Economists, who spoke with […]
The minister of Transportation, Alhaji Mu’azu Sambo, on Sunday said the Lekki deep seaport would bring more tonnage, and revenue to the port and the country. Sambo who disclosed this in Jalingo said the Lekki deep-sea port project would create 112,000 jobs to Nigerians upon its completion. According to him, the port, which is a […]
Reprieve may soon come the way of the foreign airlines whose funds are trapped in the country as the federal government has assured them it is doing everything possible to ensure the release of the $464million earnings. Minister of Information and Culture, Alhaji Lai Muhammed, gave the assurance yesterday, during a media tour of the […]
The federal government yesterday said that the newly commissioned terminal two of the Murtala Muhammed International Airport (MMIA), Lagos, has created over 10,000 direct and indirect jobs. Minister of Information and Culture, Alhaji Lai Mohammed, disclosed this during a tour of the new terminal which he said would complement the old terminal built 40 years […]
The House of Representatives Committee on Commerce has called for the urgent need to construct a rail line through the Lekki Free Trade Zone to avoid the traffic gridlock associated with the Apapa Port. The deputy chairman of the committee, Hon. Richard Gbande, during an inspection of the Lagos Free Zone, Lekki Free Zone, and […]
The Minister of Information and Culture, Alhaji Lai Mohammed has said relevant authorities are working towards addressing issues concerning revenue of foreign airlines that have been trapped in Nigeria, put at over $600 million. Speaking during a facility tour at the new international terminal of the Murtala Muhammed Airport, Lagos, yesterday, the minister said: “On […]
Under the agreement, Nigeria is obligated to pay between $30 million and $33 million monthly to Azura for power generated, whether TCN transmits it or not. The House of Representatives Committee on Finance has summoned the Managing Director of the Transmission Company of Nigeria (TCN), Sule Abdulaziz, over the controversial Azura power plant agreement. The […]
The prices fell more than 1 per cent, ending three days of gains. Brent crude futures for October settlement declined $1.58, or 1.6 per cent, to $95.14 a barrel by 0640 GMT. Crude oil prices continued to fall on Monday, raising more concerns for Nigeria at a time the country faces severe revenue problem. The […]
IT is undeniable that seeds play a fundamental role of sustaining food security and nutrition across the world. The Food and Agriculture Organisation (FAO), a specialised agency of the United Nations (UN), describes seeds as the primary basis for human sustenance. As a key agricultural input, seeds support the livelihoods of farmers and rural communities. […]
Commissioner General Yankuba Darboe has disclosed that despite numerous challenges, GRA has collected D7.4 billion revenue within seven months. Mr. Darboe, who was speaking in an interview with West Coast Radio on Friday, revealed that GRA is tasked to collect D13.5 billion this year. “The Authority is struggling very hard to ensure in achieving the […]
Special Note: Happy 36th Anniversary to COSATU. Formed December 1985 The Congress of South African Trade Unions (COSATU) notes President Cyril Ramaphosa’s assenting to the Municipal Systems Amendment Act. COSATU welcomes its objectives of seeking to tackle rampant corruption and incompetent managers that have become widespread across local government. Local government is the coal face […]