NTI Retrains 15,000 School Teachers
The National Teachers' Institute (NTI) has embarked on a
programme of retraining about 15,000 primary school
Bill to Save Oil Revenue - Minister
Finance Minister, Dr. (Mrs.) Ngozi Okonjo-Iweala, has
proposed a radical law to put a tab on the use of oil
others, is part of the efforts of the Federal Government
aimed at reducing official spending to a moderate level as
well as curb corruption.
said the Federal Government would introduce a Fiscal
Responsibility Bill this year, which would limit the
spending of the share of the nation's annual oil revenues
by the federal, state and local governments, which stood
at more than $10 billion.
Makes Case for Guineaworm Eradication
Vice President Atiku Abubakar yesterday called for a
pragmatic plan of action to fight the scourge of
guineaworm infection in the country through adequate
provision of water and associated infrstructure.
Commission to Review Sharing Formula
The Revenue Mobilization Allocation and Fiscal Commi-ssion
(RMAFC) has agreed to review the revenue allocation
formula, granting the request of President Olusegun
Withdraws Policemen From Private Persons
Inspector General of Police (IGP), Mr Tafa Balogun,
yesterday ordered that all police personnel guarding
private individuals should be withdrawn immediately.
Proposes HIV, TB Screening for Asylum Seekers, Immigrants
IMMIGRANTS and asylum seekers to the United Kingdom may
have to undergo mandatory screening for HIV and other
infectious diseases like tuberculosis before being granted
entry, if a new proposal currently under review by the
British Government is passed into law.
SMEs to Parley With Aid Agencies
About 5,000 Nigerian small and medium entrepreneurs will
have the opportunity to interact with international SME
aid agencies with a view to developing strategies for
financing their activities and making their products
compete in the international market, Director-General,
Small and Medium Enterprises Development Agency of Nigeria
(SME-DAN), Mrs. Modupe Adelaja has said.
Ship for Launch Tomorrow
As part of its efforts to promote indigenous participation
in the maritime trade, in line with the Cabotage Policy of
the Federal Government, a Nigerian Shipping Company,
Caverton Marine Limited, has added a new ship to its
Others to Attend Anti-Corruption Crusade
President Olusegun Obasanjo and the national President
Christian Association of Nigeria (CAN), Most Rev. Peter
Akinola, are among the personalities expected at the
maiden "Anti-Corruption Crusade" being organised
by the Association at the Eagle Square Abuja on Sunday.
Succeeds Lemo At Wema Bank
THE Board of Directors of Wema Bank Plc has announced the
appointment of Alhaji Alade Musiliu Adeleke as acting
managing director/chief executive officer of the bank.
the appointment of the incumbent managing director/chief
executive officer of the bank Mr. Tunde Lemo as a deputy
governor of the Central Bank of Nigeria (CBN).
Oil Price Hits $33 Per Barrel
Cost of imported fuel rising - Traders
Crude oil prices continued on the upward swing wednesday, closing at
around $33 per barrel in the international markets. This
is about $2 more than the old price.
Lagos Launches 30-Hr Compulsory Community Service for
AS Lagos State government launched its newly introduced a
30-hour compulsory Community Development Service for all
students in public Senior Secondary Schools, Governor Bola
Tinubu announced plans to introduce new policy shift in
its educational system, geared towards enhancement of
educational values in the state.
Similarly, in a bid to ensure an efficient and effective system, the state
government said that operation Kick Against Indiscipline
(KAI) would not be restricted to environment alone but
would be extended to various aspects of the public
Industry: ADF Grants $18.1m for Rural Development Project in Nigeria
The Board of Directors of the African Development Fund (ADF),
an arm of the African Development Bank, has approved a
loan of US 18.1 million US dollars to finance a community
based rural development project in Nigeria.
Ondo, Private Investors to Establish $1 Billion Refinery in Ilaje
THE proposed 1 billionn dollar petroleum refinery to be
established by the Ondo State government and private
investors is to be sited in the oil rich Ilaje area of the
FG Bans Imported Shoes, Fruits, Others
GOVERNMENT threw a New Year shocker yesterday prohibiting
importation of fresh fruits, juices, furtniture, plastics,
soaps and detergents, vegetable oil as well as men's
footwears among several other foreign products.
The remainder, contained in a prohibition list read to State House
correspondents in Abuja after the first weekly Federal
Executive Council (FEC) meeting of the year, include
textiles, assembled bicycles, bags in leather and plastic
and flowers (plastic and fresh).
Others are cutlasses, axes, pick axes, spades, shovels, wheel barrows,
pork and pork products, beef and beef products, mutton,
lamb and goat meat and toothpaste.
Also banned are pencils and ball point pens, plastic plates, knives,
spoons, forks, cups, buckets, bowls, containers and
hangers in addition to barytes and bentimites.
Importers and businessmen/women who have placed order for these items or
are about doing so, have been given 90 days (three
months), beginning from today (January 8) to conclude
Study Scores Nigeria High On Internet Usage
A study by a Lagos-based Information and Communication
Technologies (ICTs) insttute, The Executive Cyberschuul,
has scored Nigeria high on the use of Internet.
It said that Nigeria students have besieged the Internet with the study
indicating that almost all students of higher institutions
in the country have an electronic mail (e-mail) address.
FG Opts for Revival of Nigeria Airways
Former MD, Jiya, returns
The Federal Government may have opted for the removal of the beleagured
national carrier, Nigeria Airways with the return
wednesday of the immediate-past Managing Director of the
airline, Mr. Jonathan Jiya, to his former beat following
an accord between him and the government. The move runs
counter to the government's position that the airline has
Mbakwe Passes On At 74
SECOND Republic governor of the old Imo State, Chief
Samuel Onunaba Mbakwe, is dead.
Imo Govt Pledges to Assist Entrepreneurs
IMO State government has promised that it would do
everything within its power to encourage private
investors, wishing to set up industries in the state.
Rofico Launches Milcow Milk
COMPETITION in dairy products market is getting stiffer
with the recent introduction of Milcow Instant Full Cream
The product, which is packaged and marketed by Rofico Limited, a
Lagos-based company, is said to dissolve instantly in tea,
coffee, custard, cornflakes and other cereals.
Belview Airlines Boss Emerges 2003 Fate Model
MANAGING Director and Chief Executive Officer of Belview
Airline, Mr. Kayode Odukoya, has emerged the 2003 winner
of the FATE Model Enterpreneur Award.
The annual award, instituted by Fate Foundation, a non-governmental body
based in Lagos, to recognise an ethical Nigeria
Enterpreneur who has displayed positive values of hardwork,
creativity and community development was recently held at
Shell Hall, Muson Centre, Lagos.
NITPA Cautions On ISM Controversy
Anxiety pervades Nigeria's information and communication
technologies (ICTs) sector as deadline for users to quit
the Industrial, Scientific and Medical (ISM) bands,
expired last night. Nigerian IT Professionals in the
Americas (NITPA), have cautioned that a balance must be
reached in resolving the controversy.
Toll Plazas to Be Demolished Month's End
Chairman, House Committee on Finance, Hon. Farouk Lawan,
has assured of full implementation of the 2004 budget.
Av.com Introduces New Tv Programme, A-Z
A new television A-Z, programme from the stable of
Av.comgws, Nigeria's foremost broadcast content provider,
will make its debut on the African Independent Television
(AIT) on Sunday, January 11, 2004, at 4:30p.m. The
programme is also scheduled to run on Lagos Television
(LTV) at 7.30 pm on Wednesdays, beginning January 14,
Aminu Kano: Remembered Even in Death
Even in death, Mallam Aminu Kano was recently honoured as
one of the distinguished, selfless Nigerians who gave his
best to the political growth of the country. At the time
he died in 1983, he was known to have left behind only a
mud house, one daughter and five pieces of his trade mark
House Assures Nepa of Adequate Funds
The House of Representatives Committee on Power
(electricity) has assured the National Electric Power
Authority (NEPA) of adequate financial appropriation in
this year's budget to enable the corporation tackle the
numerous problems facing the various power stations in the
Nigeria Gets 125,000 Bpd Crude Oil Boost From Amenam/Kpono
NIGERIA'S crude oil production will be boosted by the
second quarter of this year, when the Amenam/Kpono field
operated by Elf Petroleum Nigeria Limited (EPNL), a
subsidiary of Total, reach its optimal production capacity
of 125,000 barrels per day. The Chief Executive/Managing
Director of the company, Georges Buresi disclosed this in
his New Year Message to staff.
The two billion-dollar Amenam Kpono project which began production in July
last year has an estimated reserve of 500 million barrels.
Amenam/Kpono oil field, the company's latest offshore
project, is envisaged to remain viable for at least 25
FRSC Gets First Female Sector Commander
The Federal Road Safety Corps (FRSC), recently announced
the posting of its first female Sector Commander. She is
the new Lagos State Sector Commander, Ewhrudjakpor Ojeime.
Babangida, Ikedia Hit Camp
36 now in Falcons Camp
The duo of Tijjani Babangida and Pius Ikedia are the latest
to join the Super Eagles Faro, Portugal Camp swelling the
number in camp to 27 players.
Stranded Passengers Threaten World Airways
Stranded passengers of Rite-time World Airways have
threatened to institute a 'class action' against the
management of Ritetime World Airways for the unfair deal
they had been subjected to in their bid to return to their
base in the United States of America after their Christmas
festivities in Nigeria.
World Airways is an American carrier which is into a contractual agreement
with Ritetime Aviation, another American-based company
owned by a Nigerian, Dr. Peter Obafemi, to operate direct
flights between Nigeria and the United States.
Obasanjo Orders Marketers to Display Fuel Prices
AS controversy rages on the new N1.50 fuel tax, President
Olusegun Obasanjo yesterday mandated petroleum products
retail outlets to henceforth display prices on their pumps
or risk severe sanctions.
They have a grace period of March to fully comply while government also
approved the setting up of a trade malpractices committee
to check sharp practices by retail outlets.
Ogun Pays N95m for WASSCE Candidates
Governor Gbenga Daniel of Ogun State has approved the
release of N95 million for the payment of May/June West
African Senior School Certificate Examination (WASSCE) for
all the eligible public secondary school students in the
We're Ready to Discover Another Olajuwon
New Nigerian NBA club owners vow
Years after Nigeria's greatest export to the world famous American
basketball scene Hakeem 'The Dream' Olajuwan quit the NBA
stage, plans are on to ensure that the nation produces
another NBA superstar.
This was disclosed by two Nigerian members of the American-based
Professional Sports Investment Group (PSIG) Doctors Yele
Aluko, 48, and Michael Etomi, 49, who spoke exclusively to
THISDAYSports in Lagos on New Year's Day.
MTEL to Link LGA Hqs Before Dec - Minister
Communication Minister, Chief Cornelius Adebayo has
revealed that there is a political focus to spread the
services of the MTEL to cover all the 774 council
headquarters in the nation before the end of the year.
2004: Jigawa Proposes N34.3b Budget
THE Jigawa government has proposed a budget of N34.312
billion for the 2004 fiscal year.
Ondo Plans Investment Intervention Fund
AS part of the efforts to kick start the industrialization
process of Ondo State, the state Council of Chambers of
Commerce, Industry, Mines and Agriculture (OSCCMA) has
signed a Memorandum of Understanding (MOU) to raise N1
billion for the state investment intervention fund.
The signatories to the agreement include the Council of Chambers, the
State Government and Bond Consulting Limited.
Lagos NEPA Targets N3bn Monthly Revenue
LAGOS zone of the National Electric Power Authority (NEPA)
will this year vigorously strive to achieve an average
monthly revenue of N3 billion.
Cadbury to Boost Operation With N2bn
CADBURY Nigeria Plc said it has concluded plans to upgrade
its operations to world class standard through the
investment of additional N2 billion in the leading food
and beverage manufacturing plant.
The company said N2 billion fresh funds will be injected into its
operations in the next three years with effect from
UNICEF Names Kanu Soccer Ambassador
Apparently in recognition of his attempts at saving the
lives of Nigerian children through his heart care
foundation, the United Nations Children's Education Fund
(UNICEF) has appointed Super Eagles star Nwankwo Kanu one
of it's 'Soccer Ambassadors'.
The letter to this effect, signed by Mr. Roger Wright, the
Officer-in-Charge, of the UN agency in Nigeria, has
already been sent to the Arsenal of England player, who
expressed his 'delight' at the appointment.
I'm Africa's Best Player - Okocha
Super Eagles skipper Austin 'Jay Jay' Okocha has told KICK
OFF AFRICAN NATIONS CUP 2004 GUIDE, which goes on sale
nation-wide on Wednesday, that he believes he deserves to
be crowned African Footballer for the past year.
Globacom Wins Brand of the Year
...as Nigerian Breweries Emerges Company of the Year
Union Bank, Sanusi are also winners
Brewing giant, Nigerian Breweries Plc, has emerged the winner of THISDAY's
coveted award of Company of the Year 2003. Globacom, Union
Bank and the Governor of the Central Bank of Nigeria (CBN),
Chief Joseph Sanusi were also awarded Brand of the Year,
Bank of the Year and Banker of the Year respectively.
Owners of Acquired Land in Delta to Smile
The Delta State Government has disclosed that it has paid
over N800 million as compensation to people whose lands
were acquired by it.
FG to Reposition Nitel for Buyers
The Federal Government is set to add value to NITEL to
make it attractive for sale, communications minister,
Chief Cornelius Adebayo, has said.
Jigawa Targets 1 Million Children for Primary School
The Jigawa government says it will involve communities in
providing relevant infrastructure to accommodate more than
one million children expected to be enrolled in primary
schools this year.
Banks to Raise Capital Base to N2bn
The Central Bank of Nigeria (CBN) has directed that all
banks the country to raise their paid-up capital to N2
billion by the end of 2005. The present minimum paid-up
capital for banks is N1billion.
The reports were from This Day (Lagos), Daily Champion
(Lagos), Vanguard (Lagos) and P.M. News