Hon. Rotimi Amechi “Government must not be for one section of the Society.It must be for the rich and the poor,emphasizing the upliftment of the poor...”

Archive for the Category ‘Business’

Political Class May Cause Labour Crisis, NLC Warns

Political Class May Cause Labour Crisis, NLC Warns

Baffled by the anti-labour bill currently before the National Assembly, the Nigeria Labour Congress (NLC) has drawn President Goodluck Jonathan’s attention to moves by functionaries of his administration to create avoidable labour and political crises in the country by seeking to break up the Congress and impose a new regime of fuel price hikes on [...]

Oil Marketers Begin Importation For Second Quarter

Oil Marketers Begin Importation For Second Quarter

The 42 oil marketers licensed to import fuel for the second quarter of the year have begun importation of the product, an official of the Petroleum Products Pricing Regulatory Agency (PPPRA) said. The official, who pleaded anonymity, told our correspondent in Abuja on Thursday that the marketers, who were issued licences in March, had started [...]

Seme Customs Generates N282m

Seme Customs Generates N282m

The Seme Border Command of Nigeria Customs Service (NCS) said it generated N282 million revenue in April against the N686 million generated in March. The Command’s Public Relations Officer, Mr Ernest Olottah, disclosed this to newsmen on Thursday in Badagry. Olottah said that the drop, which was about 200 per cent, was due to the [...]

‘Alcohol Causes 25,000 Deaths On Road’

‘Alcohol Causes 25,000 Deaths On Road’

No fewer than 25,000 persons lost their lives daily from road accidents with majority of them resulting from driving under the influence of alcohol and drugs. The Managing Director and Chief Executive Officer of Free Zone Plant Fabrication International Ltd, Federal Lighter Terminal, Onne Oil and Gas Free Zone, Rivers State, Engr. Babajide Soyode dropped [...]

RSG To Commission Four Vehicle Terminals

RSG To Commission Four Vehicle Terminals

The Commissioner for Transport, Rivers State, Hon George Tolofari, has disclosed that the four major terminals built by the government have been completed and are ready for commissioning. Hon Tolofari, who made this known in his address at the Ministry of Transport Road Safety Stakeholders Forum organised in collaboration with Shell Petroleum Development Company of [...]

New FRSC Sector Commander Resumes Work In Rivers

New FRSC Sector Commander Resumes Work In Rivers

The Rivers State Command of the Federal Road Safety Corps (FRSC) now has a new Sector Commander. He is Mr. Kayode Olagunju, who takes over from the former sector commander, Mrs. Mary Kawaka, who  was here for barely three months. Briefing journalists on his resumption at his office on Monday, the State Sector Commander, Mr. [...]

Rivers Awards N4.5bn Road Project

Rivers Awards N4.5bn Road Project

The Rivers State Government, has awarded   N4.5 billion contract for the construction of 4.7 kilometres of road in the new city under construction in Port Harcourt. The state government had in 2009, unveiled a 50-year development plan to build a new city tagged: Greater Port Harcourt, from the present Port Harcourt. The Administrator of the [...]

CBN Explains MSMEs Fund

CBN Explains MSMEs Fund

The Central Bank of Nigeria (CBN) said last  Saturday that the Micro, Small and Medium Enterprises Development  fund was not meant to bail out distressed micro-finance banks. Director, Other Financial Institutions Development (OFID) department of the CBN, Mr Olufemi Fabanwo, made the clarification at the 2nd Annual General Meeting (AGM) of the National Association of [...]

FIRS Arrests Heads Of Tax Defaulting Firms

FIRS Arrests Heads Of Tax Defaulting Firms

The Federal Inland Revenue Service (FIRS) says it has arrested some senior officials of three companies in Lagos for alleged failure to remit taxes totalling N2.17 billion. A statement issued by the service in Abuja on Sunday said an enforcement team led by an Assistant Director of Legal and Prosecution Department of FIRS, Mr. Abu [...]

… Solicits Support For Transformation Agenda

… Solicits Support For Transformation Agenda

The Acting Chairman, Federal Inland Revenue Service (FIRS), Alhaji Kabir Mashi has urged tax professionals to support President Goodluck Jonathan’s Transformation Agenda aimed at wealth creation and employment. Mashi made the call in Abuja at the opening of the “14th Annual Tax Conference of the Chartered Institute of Taxation of Nigeria (CITN).’’ The three-day conference [...]

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