Business

Twitter appoints Okonjo-Iweala board member

A prophet has no regard in his hometown can apply to Nigeria’s former Minister of Finance, Ngozi Okonjo-Iweala, who was just appointed to the board of social media giant, Twitter Inc.

  On the two Nigeria’s administrations that she served, she achieved tangible economic growths – debt forgiveness during the Olusegun Obasanjo’s era and steady economic growth at seven percent of GDP while as economic coordinator of Goodluck Jonathan’s government.

U.S. lawmakers, group carpet Lagos govt over water privatisation

.Drum support for Our Water, Our Right Coalition
By Valentine Amanze

The Our Water, Our Right Coalition has commended the 23 members of the Congressional Black Caucus (CBC) and Congressional Progressive Caucus (CPC), who wrote a solidarity letter siding with Lagos citizens in their struggle against water privatisation.

Buhari appoints ex-CBN deputy gov as FERMA boss

President Muhammadu Buhari has appointed a former Deputy Governor of the Central Bank of Nigeria, Mr. Tunde Lemo, as Chairman of the Federal Emergency Road Maintenance Agency (FERMA).

Buhari also appointed a new Managing Director and six members of the board of FERMA.

President of the Senate, Bukola Saraki, made this known as he read a letter from the President at the plenary on Thursday in which he sought legislative approval for the appointments.

Lessons from French president’s visit to Fela Kuti’s New Afrika Shrine in Nigeria

By Valentine Amanze

Edo govt to upgrade more tourist sites 

The Edo State government has pencilled down more tourist sites and destinations for revamp, following the positive disposition of private developers to invest in the sector.

Commissioner for Arts, Culture, Tourism and Diaspora Affairs, Mr. Osazee Osemwingie-Ero, disclosed this to journalists in Benin City, the state capital.

According to the commissioner, “We have visited several of our prized tourist sites and destinations, some of them have long been abandoned, some need maintenance while some need revamp, which we intend to do through public private partnership (PPP).”

Why Egypt’s Head of Customs was arrested

Egyptian government has effected arrest of the head of its Customs Authority, Gamal Abdelazim, on suspicion of accepting bribes to permit the entry of banned goods into the country without Customs duties.
The Administrative Control Authority said in a statement.
The statement did not specify what types of goods were smuggled or the value of the alleged bribes.
Abdelazim had also directed employees to reduce the fines owed for goods that had been seized.

Fake Australlian visa lands businessman in court

A 42-year-old businessman, Moses Olusola, was on Wednesday arraigned before an Igbosere Magistrate Court by the Police over alleged conspiracy, forgery, fraud and obtaining sum of N2.8 million under false pretence of procuring Australian visa for his victim.
Olusola, whose residential address was not given, pleaded not guilty to the four-count charge levelled against him by the police after it was read to him by court registrar.

NCC wades into MTN’s labour crises

The Nigerian Communications Commission (NCC) on Monday said that the organisation had opened talks with critical stakeholders on MTN’s labour issues.

 Mr Tony Ojobo, the NCC’s director of Public Affairs, stated this in Abuja.

“NCC under the leadership of Prof. Umar Danbatta has opened talks with other critical stakeholders through the office of the Executive Commissioner Stakeholders Management, Mr Sunday Dare on the issue.

Obaseki's industrialistion drive: Why we are interested in Benin Auto Park – Volkswagen, Nissan, others

As the Edo State Governor, Mr. Godwin Obaseki, works to expand the investment inflow into the state, key players in the African Association of Automotive Manufacturers (AAAM), including Volkswagen, Jaguar Land Rover, Bosch, Toyota, Nissan, among others, have said that they are interested in working with the State Government on the development of the Benin Auto Park because of the state’s strong commitment to industrialisation and its welcoming policy frameworks.

Benin Auto Park: Obaseki, Automotive Council, BMW, Ford, Nissan, others commit to park’s devt

Poised to develop the largest single auto sales market in West Africa, Governor of Edo State, Mr. Godwin Obaseki, has said that the state is willing to explore far-reaching partnership with the National Automotive Design and Development Council (NADDC) and the Africa Association of Automotive Manufacturers (AAAM), in actualising the Benin Auto Park, sited in Benin City.

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