Business

Rwanda launches EAC e-passport

Rwanda on Friday rolled out the East African Community (EAC) electronic passport in an effort to boost faster border clearance as well as part of a wider regional strategy to enhance integration. Rwanda now joins other EAC states—Uganda, Kenya and Tanzania—that have already issued the electronic passport to their citizens. …

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Ruga settlement: Osinbajo, Miyetti Allah differ on project execution

The Office of the Vice-President and Miyetti Allah Cattle Breeders Association of Nigeria disagreed over the implementation of the controversial Ruga settlement initiative. While MACBAN’s General Secretary, Baba Ngelzarma, claimed on Sunrise Daily, a programme on Channels Television, on Friday that Vice-President Yemi Osinbajo’s office was helping Fulani herdsmen to …

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Osinbajo’s is helping us create Ruga settlements – Miyetti Allah

The General Secretary of the Miyetti Allah Cattle Breeders Association of Nigeria, Baba Uthman Ngelzarma, says Vice-President Yemi Osinbajo’s office is helping the herdsmen to create Ruga settlements across the country. Ngelzerma boasted that when the programme has been successfully completed, Nigerians would fully enjoy the benefits of animal husbandry. …

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2019 budget and oil price volatility

A recent report of the slump in the price of crude oil to about US $60 from almost US $70 per barrel has really become worrisome for Nigeria’s implementation of the 2019 budget, despite some development in the Persian Gulf, which should not be a source of inspiration, after all. …

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Power sector excuses and bleeding economy

Nigeria’s power sector has gone through twists and turns over the years and the recurrent problems of the sector have become intractable, or so it seems. Governments come, read copiously from the book of lamentation on this and go. But the problems remain with the citizens who have been serially …

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Contributory pension: state failed to remit N3.4bn deducted from workers-PenCom

States operating the Contributory Pension Scheme refused to remit about N3.4bn pension contributions deducted from their workers monthly remunerations into their respective Retirement Savings Accounts with their Pension Fund Administrators. The acting Director-General, National Pension Commission, Aisha Dahir-Umar, disclosed this during the second quarter consultative forum for states in Lagos …

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FG to sell recovered assets

PRESIDENT Muhammadu Buhari has ordered the Ministry of Finance to sell all recovered and liability-free assets in six months. Some politicians and former government officials had their assets seized in the course of the anti-graft war of the Buhari administration. Speaking Tuesday while briefing the House of Representatives Joint Committee …

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