According to Independent, Ibrahim Idris, the Inspector-General of Police, on Thursday in Lagos, emphasised the need to improve the welfare of the estimated 370,000 police officers serving in the country. Idris made the call while commissioning the Muhammadu Buhari Housing Estate, with 1,083 units of three-bedroom flats and semi-detached houses built in over 64 hectares of land at Agemowo, Badagry ...
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Illegally imported arms : security yet to search Abuja property
According to All Africa, security agencies are yet to search the Abuja property linked to persons suspected to have illegally imported arms in the country. Its over seven days since the Nigeria Customs Service (NCS) impounded the consignment at the Tin Can Island port in Lagos. The Comptroller-General of Customs, Col Hameed Ali (rtd), named Great James Oil and Gas ...
Read More »Governors seek takeover of critical federal roads
“To revive the near total collapse of most federal roads, Governors yesterday requested the Federal Government to hand over some critical federal roads in deplorable condition to states so as to revive them from total collapse.”- The Nation Many of the roads across the country have become death traps due to overuse and poor maintenance. The request was tabled at ...
Read More »Hidden assets of governor of Niger State uncovered in offshore tax havens
According Premium Times, hidden assets of governor of Niger State, Abubakar Bello, have been uncovered in offshore tax havens, including the notorious British Virgin Islands. The discoveries were made as PREMIUM TIMES continues to scrutinize the over 11 million Mossack Fonseca documents contained in the sleaze dossier now known worldwide as the Panama Papers. At least two offshore companies were ...
Read More »A new electricity regulation to boost electricity meters supplies – Fashola
“A new electricity regulation that would boost meter supply for consumers nationwide would become operational next month, Minister of Power, Works and Housing, Babatunde Fashola, has said.”- PM News Fashola disclosed this on Thursday in Lagos at a Policy Dialogue on the Power Sector organised by the Lagos Chamber of Commerce and Industry (LCCI). The minister said that the regulation, ...
Read More »Manufacturing sustains expansion for 6 months – PMI
“The Manufacturing Purchasing Managers Index (PMI) for September, released by the Central Bank of Nigeria (CBN), yesterday, stood at 55.3 index points in September 2017, indicating expansion in the manufacturing sector for the sixth consecutive month.”- Daily Trust The Index reflects a 1.7 per cent growth from the 53.6 recorded in August. “The sustained uptrend reflects growth of new orders, ...
Read More »FMBN rallies NDIC on loan recovery in distressed Primary Mortgage Banks
“The Federal Mortgage Bank of Nigeria (FMBN) has engaged the assistance of the Nigeria Deposit Insurance Corporation (NDIC) for the recovery of its funds trapped in distressed Primary Mortgage Banks (PMBs) and liquidated commercial banks in the country.”- The Guardian Already, FMBN has received and executed agreements in respect of six out of eight distressed Primary Mortgage Banks and hopes ...
Read More »United Nations designates first Monday of October as World Habitat Day
Independent says that the United Nations has designated the first Monday of October of every year as World Habitat Day. The theme for World Habitat Day 2 October 2017 is Housing Policies: Affordable Homes. In a statement by Dr. Joan Clos, Un-Habitat Executive Director, the purpose of World Habitat Day is to reflect on the state of our towns and cities, ...
Read More »Wema Bank promotes home ownership for youths
“Wema Bank promotes home ownership for youths. It has reiterated its commitment to give the millennials (the youths) the opportunity to save and have their own homes, own cars or go on vacation.”- The Nation Armed with over seven decades experience on providing banking services, Wema Bank introduced an insight-driven, innovative digital offering to Nigerians earlier in the year. The ...
Read More »Why Monuments, Historical Buildings and Sites Should be Preserved
Most of the monuments, historical buildings and sites that still exist in Nigeria are of immense significance, albeit many of them are not well preserved and there is lack of documentation. In this article we focus on the preservation and maintenance of our monuments, historical buildings and sites. Earlier in the year, Lagos State Governor, Mr. Akinwunmi Ambode expressed the ...
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