Business

Text of the Press Briefing by the Minister of Transportation, Chibuike Rotimi Amaechi on Wednesday December 23rd, 2015

Rotimi Amaechi

Protocol,

We are delighted to welcome you to this first interaction with our media stakeholders in the transportation sector. We are certain this would be the first of many such interactions in the light of President Buhari administration’s commitment to accountability and open government. Since we assumed office as Ministers, I and my colleague – the Honourable Minster of State for Aviation have received briefs from different departments and agencies of the ministry and have also embarked on a fact – finding tour. These briefings and tour have enabled us to firm our workplan and policy direction in line with the determination of this administration to lay solid foundation, and improve critical infrastructure that will reflect on our economy. (more…)

FG doles out employment letters to 173 ex-NYSC members for exemplary conduct

NYSC DG and FCSC Chairman
NYSC DG and FCSC Chairman during opening ceremony

 

Federal Government, Monday, gave letters of employment to 173 ex-Corps members for immediate appointment into the various ministries in the Civil Service. The Federal Civil Service Commission [FCSC] officially handed over appointment letters to the 173 ex-National Youth Service Corp [NYSC] who served in 2012, 2013 and 2014 for distinguishing themselves during their service years. (more…)

Video: Okonjo-Iweala dancing to Psquare’s “Chop My Money”

Ngozi Okonjo Iweala

 

At a time Nigerians are wailing about the on-going revelations about the theft and diversion of millions and billions of dollars of defence funds, a video shoot has surfaced online where former finance minister Ngozi Okonjo-Iweala was shown dancing to PSquare’s hit song, “Chop My Money”.

The event was at the Harvard Business School ABC Conference, which took place a year earlier on 25 February 2013. At the end of her talk, a trumpeter had Okonjo-Iweala on the floor, dancing alone to the song.

Federal MDAs get new fiscal guidelines as Finance Minister Adeosun warns against contraventions

Kemi Adeosun
Kemi Adeosun

Kemi Adeosun, Nigeria’s finance minister, has issued a new set of guidelines to compel federal government offices remit monies they generate, accompanying the stringent rules with the threat of sanctions to defaulters. (more…)

CBN to publish names of those who returned looted funds – Buhari

muhammadu buhari on cbnPresident Muhammadu Buhari on Friday promised that he will soon instruct the Central Bank of Nigeria (CBN) to reveal the names of former government officials who have voluntarily returned looted funds to the coffers of the Federal Government in “due course”, saying that early disclosure of their identities “may jeopardize the possibility of bigger recoveries.” (more…)