CAN, CNG, don knock Masari over arms for self-defence comment
The remarks credited to Governor Aminu Masari of Katsina State that his administration would assist citizens to acquire arms for self-defence against bandits have continued to elicit reactions. Chairman of Christian Association of Nigeria (CAN) in Kaduna State, Rev. John Hayab, Masari’s comment about self-defence was not new to Nigerians and the constitution. “The only…
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Equities rebound as capitalisation rises by N3 billion
Following renewed bargain hunting in the shares of some blue-chip companies, the Nigerian equities’ market reversed losses to close in an upbeat yesterday, causing market capitalisation to appreciate by N3 billion. In summary, the all-share index (ASI) grew by 6.17 absolute points, representing an increase of 0.01 per cent to close at 41,813.27 points. Similarly,…
Four years on, Nigeria lags behind in open skies, $1.3b revenue agenda
• FG, operators divided on implementation strategy, prospects• Local airlines lack corporate governance, cooperation to compete – Experts With no structure in place these past four years, Nigeria lags behind other African countries in the race for open skies agenda in air transport, which is estimated to be worth over $1.3 billion in revenue earnings…
Doubts over FG’s capacity to remove fuel subsidy as election nears
Except Dangote Refinery becomes operational next year to reduce marginal costs associated with petroleum importation, the Centre for the Promotion of Private Enterprise (CPPE) has expressed reservations about government’s political will to remove fuel subsidies. Although the CPPE stated that the outlook for the Nigerian economy in 2022 is largely positive, it noted that Gross…
South East group opposes calls for Anyim’s presidency in 2023
Urges Wabara, Abaribe, others to withdraw support The South East Democratic Civil Society Coalition (SEDSOC), yesterday, rejected the purported endorsement of former Secretary to the Government of the Federation (SGF), Anyim Pius Anyim, for the presidency in 2023. Former President of the Senate, Adolphus Wabara and Senate Minority Leader, Enyinnaya Abaribe, both of the Peoples…
Eight more cancer-causing substances in humans ‘confirmed’
Eight substances, including a chronic bacterial infection, a flame retardant, and six water disinfection byproducts, have been added to the Report on Carcinogens, bringing the total list to 256 substances known, or reasonably anticipated, to cause cancer in humans. The 15th Report on Carcinogens, which is a cumulative report, mandated by the United States Congress…
Nigeria won’t take expired vaccines again, NAFDAC insists
• WHO warns of ‘tsunami’ of COVID-19 cases upon shocking upsurge Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC), Prof. Mojisola Adeyeye, yesterday, stated that her organisation was working with international partners to ensure Nigeria gets vaccines with long expiration dates. She was reacting to the one million doses of vaccines…
Buhari orders six-month progress report from solid minerals fund
President Muhammadu Buhari has ordered the Presidential Artisanal Gold Mining Development Initiative (PAGMI) to provide a six-month progress report on the Solid Minerals Development Fund, designed to capture accruals from investments. The directive, according to a statement by Special Adviser on Media and Publicity, Femi Adesina, is to deepen probity and best practices in the…
APC faction decries attack on Zamfara PDP congress
• ‘Success signifies PDP’s control of state politics• Let peace reign, ruling party tells opposition The Senator Kabiru Marafa-led faction of the All Progressives Congress (APC) has condemned the violence on the opposition Peoples Democratic Party (PDP) during its congress in Gusau, Zamfara State Chaired by Mr. Sirajo Maikatako, the faction, in a statement by…
Nigeria to conclude oil bid round for marginal fields
The Federal Government, yesterday, showed readiness to end the ongoing marginal bid round, which already had already seen the award of 57 licenses. The Federal Government had in June last year, commenced a bid round for the fields, which are mainly in the Niger Delta. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which replaced the…