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”NLC leaders are hypocrites for calling for Sanusi’s sack” – CPC

PRESS RELEASE: Sanusi’s sack call: Labour leaders’ hypocrisy ! The Congress for Progressive Change (CPC) has noted the recent call for the sack of the Central Bank Governor (CBN), Mallam Sanusi Lamido Sanusi, by the Labour leaders over his recent commentary on the unacceptable 70% of the budget that is perennially spent on recurrent as against the paltry 30% … Continue reading

Century Energy Group employs 40 maritime trainees of the FG Amnesty Program

“Mr Kingley Kuku, who is the Special Adviser to the President on Niger Delta Affairs and the Chairman of PAO, also facilitated the immediate employment of 40 maritime trainees by the Century Energy Group in Nigeria,’’ the statement said. Abuja – The Presidential Amnesty Office (PAO) said in Abuja on Wednesday that 113 former militants … Continue reading

Federal Government revokes the construction of Panyam-Bokkos-Wamba Road in Plateau/Nasarawa States

OFFICE OF THE HONUORABLE MINISTER OF STATE FEDERAL MINISTRY OF WORKS Headquaters, Mabushi , Abuja REF: FMW/HMOS/SAM/12 PRESS STATEMENT FEDERAL GOVERNMENT REVOKES THE CONSTRUCTION OF PANYAM-BOKKOS-WAMBA ROAD IN PLATEAU/NASSARAWA STATES. Sequel to the observations of poor performance made on the Panyam–Bokkos-Wamba road project, during the National Good Governance Tour, the Minister of State for Works, … Continue reading

Oil wells: Seven states to refund N17.5 billion to Rivers

(Vanguard) As the controversy over the ownership of some wells between Rivers and Bayelsa States, continues unabated, seven states have been ordered by the Federal Government to refund N17.5 billion to Rivers State. The amount, it was learnt, represents the sum they affected states, namely Akwa Ibom, Delta, Bayelsa, Imo, Edo, Abia and Ondo had … Continue reading

PRESIDENT JONATHAN CONGRATULATES OBAMA ON HIS RE-ELECTION

STATE HOUSE PRESS RELEASE On behalf of himself, the Federal Government and the people of Nigeria President Goodluck Jonathan heartily congratulates President Barrack Obama on his success in winning re-election in yesterday’s presidential elections in the United States. President Jonathan welcomes President Obama’s victory in an intensely fought presidential race as an endorsement by the … Continue reading

Desirability of SURE-P in Nigeria’s Development Programme

Subsidy Reinvestment and Empowerment Programme is an intervention sequel to the mass protest against the removal of oil subsidy, championed by organized labour and civil society early this year. The move by the incumbent administration was a means of cleansing the sector from the myriads of corruption that plagued the effective operation of the oil … Continue reading

Sports Retreat Recommendations: Jonathan pledges total implementation

PRESIDENT Goodluck Jonathan has assured that all the recommendations on the recently held Presidential Sports Retreat in Abuja, will be implemented fully. He stated this on Saturday at the Teslim Balogun Stadium, Lagos, while speaking at the flag hoisting ceremony ahead of the 18th National Sports Festival, Eko 2012. In the address read by Vice-President … Continue reading

Foreign reserves hit $42.56bn, 32-month high

President Goodluck Jonathan regime’s efforts to shore up Nigeria’s reserves continued on the upside as foreign exchange reserves climbed 30 percent year-on-year to hit more than 32 month high of $42.56 billion by October 29. Forex reserves stood at $32.72 billion last year. Reserves rose 3.4 per cent from September 28 to October 29 and … Continue reading

SUBSIDY FRAUD: Jonathan Snubs Desperate Marketers.

**GEJ warned his aides against meeting with those indicted or standing trial. **Get caught with Oil fraudsters and blame yourself – GEJ to aides & advisers. The perpetrators of the fuel subsidy fraud may be heading towards their Waterloo as sources have confirmed that the president has refused to give audience to the distressed marketers who made … Continue reading

Nigeria Approves Siemens, Korea Electric Power Grid Bids

Nigeria approved bids from companies including Siemens AG (SIE) and Korea Electric Power Corp. (KEP) for 10 state-owned power distribution companies, marking the end of a five-year privatization process. The successful bids were worth more than $1.3 billion, the Abuja-based National Council on Privatization headed by Vice President Namadi Sambo said in an e-mail yesterday. … Continue reading

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