Blogs

MEMBERS of the South East Amalgamated Markets Traders Association (Seamata) have rejected the recent increase on the import duties on cargoes introduced by the Nigeria Customs Service (NCS) describing it as exploitative.

NIGERIA'S diaspora community in Britain is now several organisations stronger after the Central Association of Nigerians in the UK (Canuk) recently welcomed seven new members into its ranks after they met its stringent membership criteria.

Ayo Akinfe

[1] Sango, the third alaafin of Oyo is regarded as Nigeria’s patron saint of electricity. His statue was erected outside the Nepa headquarters along Marina in Lagos as he is considered the embodiment of power. He and his famous axe are still mounted outside distribution companies today

SEVERAL justice ministry officials and political aides to the attorney-general of the federation Abubakar Malami have been indicted for acquiring and selling off properties seized the federal government.

WORLD Bank officials have criticised the Nigerian government’s exchange rate management policies saying they are discouraging investments and fuelling inflation in the country.

GOVERNMENT ministers have directed the Nigeria Customs Service (NCS) to ground 91 private jets belonging to several wealthy Nigerians over their alleged refusal to pay import duties running to over N30bn ($73m).

Ayo Akinfe

[1] We will boost generated electricity from the current 7,000MW to South Africa’s 50,000MW

[2] This government will increase the kilometres of tarred roads from the current 200,000km to South Africa’s 750,000km

[3] Between now and when we leave office, we will increase the length of our railway network from the current 4,000km to Pakistan’s 8,000km

[4] By April 2022, we will increase our literacy rate from the current 60% to Brazil’s 91.7%

NIGERIA has been warned that she risks losing several key national assets to China in the event that the country defaults in paying back loans obtained from Chinese banks which is currently put at $3.48bn.

NIGERIA'S federal government has lifted the ban it placed on Emirates Airline flying into the country ending the year long spat with the United Arab Emirates (UAE) that led to both nations imposing travel restrictions on each other.

ARMED gunmen have kidnapped the divisional police officer (DPO) in charge of Etsako Central Local Government Area of Edo State Ibrahim lshaq and are demanding a ransom fee of N50m ($122,000) from his family for his release.