Transport contributes 60% to Nigeria’s GDP – Expert
The transportation sector contributes about 60 per cent to the Gross Domestic Product of Nigeria, the Chief Executive Officer of Motor Vehicle Administration Academy , Prince Segun Obayendo, has said.
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How public officers contribute to Nigeria’s underdevelopment — CCB Chair – Daily TrustThe chairman of the Code of Conduct Bureau (CCB), Prof. Mohammed Isa, has said Nigeria has remained sluggish in almost every facet of national development largely due to greed and unstoppable quest for materialism by most public officers. He said most of the officers feel the public office was a ready conduit where indiscipline and …
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Expert analysis reveals Nigeria lost $7bn in OPL 245 deal – Daily TrustA new expert analysis on the controversial Oil Prospecting License (OPL) 245 deal was presented on Tuesday indicating that the Federal Government would be losing about $7bn. The analysis was presented by the Canada-based Resources for Development Consulting which in November 2018 published its report exposing under-valuation of the OPL 245.ADVERTISEMENT Dr. Don Hubert, President …
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FCT Fadama has contributed to local rice production – Coordinator – Daily TrustThe acting Coordinator of the FCT Fadama III Additional Finance (AD) Mr. Rotimi Ajayi, has said the programme has so far contributed in no small measure to the domestic production of rice in the territory. Mr. Ajayi stated this at the 2019 dry season rice production farmers green field day organised by Noma Tushin Arziki …
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Man, 60, remanded for defiling 10-year-old girl – Daily TrustA 60-year-old man, Bashiru Taiwo, has been remanded in prison on the order of a Chief Magistrate’s court, Ogba, Lagos, for allegedly having carnal knowledge of a 10-year-old girl. Taiwo, who is standing trial on a two-count charge of defilement and assault, may be jailed 10 years if found guilty.ADVERTISEMENT The police said that the …
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Tribunal: Over 60 lawyers forward names to Bauchi gov-elect – Daily TrustOver 60 members of a legal group, Body of Bauchi Lawyers of Conscience (BOBALAC), who promised to defend the Bauchi State Governor-elect, Senator Bala Mohammed, have submitted their names. BOBALAC, in a statement jointly signed by its Convener, Shipi Rabo Esq. and Secretary, Musa Abdullahi Esq, said it had redeemed the promise it made to …
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2019 Spring meetings: Gov’t debt to GDP ratios crippling countries – Daily TrustDiscussions on fiscal policy, at the recent IMF/ World Bank Spring Meetings 2019, observed that government debt – to – GDP ratios have reached unprecedented level, which has limited the capacity of some of these countries to provide countercyclical policies. As a result, potential growth remains subdued in most of the affected countries, partly as …
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NURTW, RTEAN hail revolution in Lagos public transport – Daily TrustThe National Union of Road Transport Workers (NURTW) and the Road Transport Employers Association of Nigeria (RTEAN) said the new transport interchange and 820 buses inaugurated in Lagos last week by President Muhammadu Buhari would revolutionize public transportation in Lagos. They also lauded Governor Akinwunmi Ambode for his massive investment in road infrastructure.ADVERTISEMENT The Lagos …
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NLC to set up subsidised transport system in Kano – Daily TrustThe Nigeria Labour Congress (NLC) has revealed that preparations are in top gear to introduce a labour-initiated transport system that will assist in easing workers transportation challenges in Kano State. This was disclosed by the National President of NLC, Com. Ayuba Wabba, at the Kano Government House during the launching of a documentary film depicting …
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How 2019 budget can shore up investors’ confidence — Experts, NSE, LCCI – Daily TrustFull and proper implementation of the 2019 budget will shore up investors’ confidence in the Nigerian economy, some experts and the Lagos Chamber of Commerce and Industry (LCCI) have told Daily Trust. Though President Muhammadu Buhari has yet to assent to the budget, experts said speedy implementation would save the country of slipping back into …
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Expert advice for governments on effective 5G deployments – Daily TrustIn last week’s article, I pointed out that the holy grail of the 5G technology is the spectrum, specifically the radio spectrum, and the available frequency bands within it. I also stated that frequency determines the speed and power of data transmission. High frequency means faster speeds and shorter distances to which your messages (data) …
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Industrialists, experts react as govs warn of another recession next year – Daily TrustSome economic and financial experts as well as industrialists have said the Nigeria Governors Forum (NGF’s) warning of a fresh recession occurring in the country next is realistic. Governor Abdulaziz Yari of Zamfara state, who is the Chairman of NGF, said Nigerians should brace up for challenges as another cycle of recession by may be …
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