Vox Media Over $70 billion have been invested in telecommunications infrastructure deployment in Nigeria since the liberalisation of the industry in 2001. The Executive Vice Chairman of the Nigerian Communications Commission, NCC, Prof Umar Garba Danbatta, who made this known said the amount represented a larger chunk of local and Foreign Direct Investment (FDI) attracted into the sector within the period. Danbatta made the remarks on Thursday while delivering the Bullion Lecture 2021 Edition organised by the Centre for Financial Journalism (CFJ), Lagos. According to him, the investment in infrastructures has boosted the economy and provided more opportunities for more Nigerians have access to telecoms services. “Today, the number of active telephone lines being used by Nigerians has signi...
Major-General Sagir Yaro has been appointed as the commandant of the Nigeria Defence Academy (NDA). The NDA is a military university based in Kaduna. Bashir Jagira, the academy’s spokesperson, in a statement on Wednesday said Yaro is taking over from Jamil Sarham, also a major-general who is now to proceed on a senior research course at the National Institute for Policy and Strategic Studies (NIPSS) Kuru, Plateau state. Jaguar described Yaro as a seasoned military officer of the Nigerian Army Corps of Engineers, and member of the 36th regular course of the NDA, who has held several appointments cutting across command, staff and instructional. Until his appointment, Yaro was the general managing director, Nigerian Army Welfare Limited by Guarantee (NAWLG). While addressing principal staff o...
Ekiti State Governor, Dr Kayode Fayemi, has urged Nigerians to disregard any unfounded theories about the efficacy and effects of the COVID-19 vaccines on them saying it is unnecessary introducing sentiments to the health and well-being of the people for whatever reasons. The governor who received the Oxford/AstraZeneca COVID-19 vaccine alongside his deputy, Otunba Bisi Egbeyemi, and some frontline health workers on Wednesday emphasised that all hands must be on deck to ensure all indigenes know that the vaccine is safe. He spoke while flagging off the vaccination exercise in Ado-Ekiti, the state capital. Fayemi who stated that his administration had put in place measures to ensure that residents have equitable access to the vaccine said, “The availability of COVID-19 vaccines and its glob...
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Petroleum Industry Bill (PIB) currently before the National Assembly will resolve the issues under the Production Sharing Contracts (PSC) on gas. Sylva made this known at a National Assembly Public Hearing organised by the Joint Committee on Gas Resources, Petroleum Resources, Upstream and Downstream, on Monday, in Abuja. The hearing was on the topic: “Inclusion of Gas Terms in Production Sharing Contracts by the Nigerian National Petroleum Corporation (NNPC).” He said that issues on gas terms was not captured under the PSC especially with the commercial aspect. “Issues on gas terms was not captured in the PSC because at the time, the offshore was just a frontier territory, today, it is no longer frontier, it is a...
Pool Photo The Lagos State Chapter of the Road Transport Employers Association of Nigeria (RTEAN) on Monday said the stay-off-road action by commercial buses on the Lagos-Badagry Road was unnecessary. The Secretary of the chapter, Abdulrahman Amusan, told newsmen that the N800 ticket imposed on commercial buses in the state was for tax purposes. Newsmen report that the commercial bus drivers had on March 1, embarked on what they called “Cease Commuter Operation” on the Lagos-Badagry Expressway – from Badagry to Mile 2 – following what they termed an unbearable increment in ticketing and brutality by RTEAN. The drivers were still off the expressway while passengers remained stranded at various bus stops. It is still not certain when they will return to the roads. They claim that both the RT...