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Yearly Archives: 2016

Council chairman tasks AMCON on Premium Steel & Mines Ltd

Council chairman tasks AMCON on Premium Steel & Mines Ltd

Hon. Chief Solomon Kpomah, Chairman Udu Local Government Council has made it known that the potential for income generation and development of the Udu Local Government Area can only be enhanced when operations at the Premium Steel & Mines Limited plant are resumed; a reality that can only come to be when the Assets Management Company of Nigeria (AMCON) plays ...

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Lagos State shuts 13 hospitals, intensifies hunt for quackery

14 communities in Lagos get upgraded health centres

Lagos State Government, yesterday, made it known that it has shut no fewer than 13 health facilities across the state as it vowed to clampdown on more hospitals not complying with regulatory standards, in order to guarantee safety of residents’ lives. New Telegraph reports that HEFAMAA’s executive secretary, Dr. Mabel Adjekughele, while speaking at the 8th stakeholders’ meeting of the ...

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Lagos explains traffic diversion for 2-Day Street Party

Gov Ambode urges residents to become house owners through new policy

Lagos State Government, yesterday, explained why there would be traffic diversion for the 500-man party that will hold between December 3 and 4 on Ahamadu Bello Way, Victoria Island. New Telegraph reports that the state’s Acting Commissioner for Transportation, Prince Lanre Elegushi, while briefing journalists on the planned closure of Ahmadu Bello Way and other adjoining roads, said that the ...

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Ikeja Electric spends N11bn on electricity infrastructure upgrade

KEDCO Assures Residents of Better Service Delivery

The Acting Chief Executive Officer (CEO) of Ikeja Electric (IE), Mr. Anthony Youdeowei, said that investments for electricity infrastructure upgrade by IE have hit N11 billion since its take over as the core investor three years ago. He made this known at a media round-table for energy editors in Lagos. New Telegraph reports that he maintained that the N11 billion ...

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NSE reinstates commitment to upholding high standards

NSE kicks against planned closure of Abuja Airport

The Chairman of Nigerian Society of Engineers (NSE), Apapa Branch, Ombugadu Garba has reasserted the commitment of the society to upholding high standards of engineering practice in Nigeria. According to The Guardian, he stated this during a visit to Lotus Plastics Limited, in Agbara, Ogun State. Garba who led a team of engineers to the company said the visit was one ...

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Fiscal commission canvasses for funding for abandoned projects

Fiscal commission canvasses for funding for abandoned projects

The Guardian reports that to ensure prudence, transparency and accountability of funds, the Fiscal Responsibility Commission (FRC) has canvassed for progressive funding of projects in annual budgets. According to The Guardian, FRC’s Head of Finance and Accounts of the commission, Mr. Sampson Eletuo made this remark, when he led an eight-member delegation to inspect uncompleted and abandoned projects in Anambra ...

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Kano State commences new land registration system

Kano State commences new land registration system

Kano state government has commenced a Systemic Land Title Registration (SLTR) process, as part of efforts towards creating an alternative means to the cumbersome process of the sporadic approach required for the collection of traditional Certificate of Occupancy in the state. The Guardian reports that the process anchored by Growth and Empowerment in State (GEMS3) and funded by the Department for ...

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Experts want EIA reports as a pre-condition for project loans

Lagos house prices and economic recession

As part of inputs to the on-going review of the outdated 1992 Environmental Impact Assessment Act (EIA), environmentalists have canvassed for the inclusion of EIA reports as pre-condition for project loans. According to The Guardian, they are seeking the Central Bank of Nigeria (CBN) involvement in its enforcement and implementation by the financial institutions. The experts also want EIA to be ...

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Operatives seek intervention fund and mortgage guidelines

Operatives seek intervention fund and mortgage guidelines

Operatives in the Nigerian Mortgage sector have called on the federal authorities to further create an enabling environment for mortgage banking through the provision of an intervention fund. The Guardian reports that the Mortgage Banking Association of Nigeria (MBAN) is also seeking the review of the stringent regulatory condition, which to some extent has prevented mortgage finance inclusion such as robust operational guidelines ...

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Minister decries oil spills incidents in Niger Delta

FG partners Morocco on renewable energy

The Minister of Environment, Amina Mohammed has denounced the devastating impacts of oil spills on environment, health and livelihoods of the people in rural and urban communities. The Guardian reports that Mohammed, who spoke at 10th anniversary of National Oil Spill Detection and Response Agency (NOSDRA), regretted the growing level of oil spill incidents caused by the activities of illegal ...

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