The Senior Special Assistant to President Muhammadu Buhari on Niger Delta Affairs, Senator Ita Enang, has said that Nigeria is adopting the best practices of sustainable loan debt management as the repayment plan of the debt is tied to the projects for which the loan is taken. Senator Ita Enang disclosed this while presenting the keynote address at the Chartered Institute of Taxation of Nigeria 2021 Fellow Conferment Ceremony recently in Lagos. Speaking of the topic “Nigeria Adopting Best Practices in External Borrowing and Debt Sustainability” the Presidential Aide noted that “all the terms and conditions of the loan are laid before the National Assembly and approved in details before execution. According to him,” this is to avoid the terms being approved by the National Assembly after th...
The Federal Road Safety Corps (FRSC) says 90 per cent of trucks in the country are over 30 years. The FRSC Corps Marshal, Dr Boboye Oyeyemi, disclosed this in an interactive session between the Nigerian Shippers’ Council (NSC), the FRSC and Haulage operators on Monday in Lagos. Oyeyemi called for an improvement on the maintenance and standardisation schemes for vehicles as most of them lacked safety measures like lighting, reflectors and other parts. He stressed the need for an intervention from the Federal Government to ensure truckers had fleet renewal as vehicles that had been on the road for 30-years should be scrapped. Oyeyemi pointed out that “due to the age of the trucks, they frequently breakdown on the road prolonging the days goods spend on the road before getting to its destinat...
Chairman of Council of Amotekun Commanders in the South-west region, Chief Adetunji Adeyeye, has said operatives of the Amotekun corps will engage in inter-state border patrol in the South-west to ensure synergy in crime fighting. Adeyeye, who is the Corps Commander of Ondo Amotekun, said the synergy expected among the South-west states would be enhanced so that a criminal that escaped from Ondo to Ekiti State could be easily apprehended Adeyeye, who spoke in Akure, said the destruction of farmlands by herders in Ondo State has greatly reduced owing to enforcement of the ban on open grazing. He said herders now offer money to farmers whose crops were destroyed unlike previously when they would walk away. His words: “Being Chairman of the Council of Amotekun Commanders is a greater call to ...
The Minister of Transportation, Mr. Chibuike Rotimi Amaechi, will in November inaugurate the ongoing Funtua Inland Dry Port project in Sokoto State. Also the French government has indicated its interest in collaborating with its Nigerian counterpart and therefore hinted that it will assist the government in form of financial assistance to the sector. The Executive Secretary/CEO Nigerian Shipper’s Council (NSC), Mr. Hassan Bello, made this known Thursday in Abuja during a meeting between the Council, Concessionaires for the Inland Dry Ports and the French Embassy. NSC ES, while highlighting the successes so far recorded by the Council stated that the federal government thought it necessary to bring shipping closer to the people by establishing ports in the hinterland. Hassan told the audien...
President Muhammadu Buhari Tuesday called on the international community to support a peaceful transition from military to democratic government in Chad. He made this known at a summit put together to discuss recent developments in Chad after the death of President Idris Deby last April. At the summit, Mr Buhari called on: “development partners and countries particularly France, the United States, United Kingdom, Germany, the Netherlands, and Russia; the United Nations, the African Union and the European Union, as well as other friendly and partner nations to support the transition framework put in place by Chad’s Transition Military Council led by General Mahamat Idris Deby.” ‘‘The need to support the Chadian government to effectively carry out its planned 18-month transition is sacrosanc...
An All Progressives Congress (APC) aspirant for the forthcoming Anambra State governorship election, Hon Dozie Madu, has dismissed speculations that he has been anointed by President Muhammadu Buhari. Speaking after picking the declaration of interest and nomination form at the APC National Secretariat in Abuja on Monday, he said that he is comfortable with any mode of primaries approved by the party’s national leadership. Asked to substantiate the claims that he is anointed by the President, he said: ‘I don’t understand what you mean. How can the President give a governorship aspirant a ticket? It is the people, I disagree with you, it is false. If you look at my dossier, you should know that I can’t involve myself in this kind of thing.’ On how he can do better compared to other former g...