Economy Archives - Page 91 of 95

Jun

30

2020

COVID-19: Nigerian govt finally approves resumption of domestic flights

Economy, Health, PoliticsAfrica, Coronavirus, Economy, Next Level, Nigeria, Politics

The Federal Government has approved the safe resumption of domestic flights across the country nationwide in the next phase of the gradual easing of lockdown ordered to curb the further spread of COVID-19. It also lifted the ban on interstate movement with effect from July 1. The Secretary to the Government of the Federation, SGF, Boss Mustapha, disclosed this on Monday during the daily media chat of the Presidential Taskforce on COVID-19 in Abuja. Mustapha, who is the Chairman of the task force, said: “Maintaining the current phase of the national response, for another four weeks in line with modifications to be…

Jun

15

2020

By OHAFIATV

Importers ‘lose N15tr to pandemic’ in Lagos ports

EconomyAfrica, Coronavirus, Economy, Nigeria

• Scores of cargoes stuck over infrastructure deficit, others • NPA deploys barges for evacuation• Shippers demand concession • Clearing agents decry huge, unpaid demurrages Millions of cargoes are currently wasting away at Lagos seaports owing to poor road infrastructure, bureaucratic processes, and unfavorable government policies. Investigations by The Guardian revealed that many of the cargoes are now incurring high demurrage after enjoying three rent-free days from the time of discharge. The stockpile of containers is also causing serious congestion due to the closure of access roads for repairs, even as lack of cargo scanners has forced the Nigeria Customs…

Jun

13

2020

By OHAFIATV

Interpol breaks silence on Hushpuppi arrest, reveals next action

Economy, PoliticsAmerica, Crime, Personality, Politics

The International Police (INTERPOL) has broken silence on the arrest of Instagram celebrity, Raymond Igbalodely a.k.a. Hushpuppi Recalls that Hushpuppi was arrested in Dubai for allegedly hacking into the United States (US) unemployed database and defrauding the US of over $100 million meant for native Americans in the battle against the coronavirus. Interpol on Friday said Hushpuppi will be extradited from the United Arab Emirates (UAE) to Nigeria to face alleged multiple fraud charges. The Commissioner of Police (CP) INTERPOL, Garba Umar, made this known while speaking to The Nation and confirming the arrest of Hushpuppi. He said: “Yes, It…

Jun

13

2020

By OHAFIATV

I will recover every penny looted from Imo treasury – Uzodinma

Economy, PoliticsCrime, Economy, Imo State, Next Level, Nigeria, Politics

The Imo State Governor, Senator Hope Uzodinma, has said that his government will recover to the last penny looted from state treasury by his predecessors. Governor Uzodinma stated this on Friday in Owerri while addressing stakeholders of the state including his deputy, Professor Placid Njoku. He said that his government, which is anchored on Reconstruction, Rehabilitation and Recovery, will ensure a sanitized system in the state where Imo taxpayers’ money is not taken by a few greedy individuals to the detriment of the large majority. “We have sanitized the civil service system and we won’t be having issues of ghost…

Jun

12

2020

By OHAFIATV

Buhari Broadcast: over 9,963,729 school kids being fed, 2nd Niger Bridge 48% Near Completion

Economy, PoliticsMohammadu Buhari, Next Level, Nigeria, Politics

ADDRESS BY HIS EXCELLENCY MUHAMMADU BUHARI PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA DURING THE (2020 DEMOCRACY DAY) STATE HOUSE, ABUJA) 12TH JUNE, 2020 1. Fellow Nigerians, 2. The 2020 celebration of Democracy Day marks 21 years of uninterrupted civil administration in our dear country. This day provides us an opportunity to reflect on our journey as a nation, our achievements, and our struggles. 3. It is a day to honor our founding fathers who toiled to establish our republic and every Nigerian who has worked tirelessly to sustain it. 4. We are celebrating this year's Democracy Day despite the…