Business

NPA gets approval for 19 operational vehicles

The Federal Executive Council on Wednesday, approved the sum of N683 million for the purchase of 19 operational vehicles for the Nigeria Port Authority (NPA).
Minister of Transportation, Rotimi Amaechi, disclosed this while briefing State House Correspondents at the end of a virtual meeting presided over by President Muhamamdu Buhari.
He said that it was the first time in four years that the NPA would buy vehicles.

Nigerian govt approves purchase of three seagoing vessels for Customs

The Federal Executive Council (FEC) on Wednesday, approved the purchase of three locally manufactured boats for the Nigeria Customs Service for its surveillance and anti-corruption activities on the maritime waters.

Minister: Why Nigerian govt’ll continue to determine petrol price after deregulation of downstream sector

By Valentine Amanze (with agency report)

Why Canada denied landing rights to Air Peace, by Onyeama

Mr. Geoffrey Onyeama, the Minister of Foreign Affairs, has explained the delay in the plan to evacuate Nigerians from Canada.
An Air Peace flight was scheduled to evacuate 200 Nigerians from Canada on Thursday, but airline stated on Wednesday, that the the flight had been cancelled.
“The management of Air Peace wishes to announce that its evacuation flight to Canada previously scheduled for May 14, 2020, has been postponed due to logistics issues as communicated to the airline by the Nigerian High Commission in Canada,” the statement by Air Peace read.

ERA-FoEN urges NAFDAC to fast-track process of trans fat regulations

The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has urged the National Agency for Food Drugs Administration and Control (NAFDAC) to expedite action to ensure speedy approval of the “Pre-packaged Food, Water and Ice Labelling Regulation, 2019’’ and ‘’Fats & Oils Regulation, 2019’’ - two guidelines aimed at regulating the amount of Trans fatty acids in the nation’s food chain.

COVID-19: LWC’s report on water contradicts reality in Lagos communities - CAPPA

By Valentine Amanze

EFCC arrests two Chinese for offering N100m bribe to top official

The Economic and Financial Crimes Commission (EFCC) has arrested two Chinese for offering N100 million as bribe to the Zonal head of the anti-graft agency in Sokoto State, Mr Abdullahi Lawal.
The agency disclosed this in a series of tweets on Tuesday, noting that the arrest was made on Monday in Sokoto.

Why Lagos govt shut hotel, club

Lagos State government has shut down two facilities in Badagry West Local Council Development Area (LCDA) for contravening its new guidelines on COVID-19 to operators of hotels, clubs and other entertainment outfits.

The sealed facilities are: Maggi Hotel and Tambari Theatre Art (Night Club), both in Seme axis of Badagry.

The governor said that their owners would be prosecuted.

Nigeria govt to utilise $311m Abacha loot on infrastructure

Nigeria will spend $311m returned after being stolen by former military ruler General Sani Abacha on infrastructure development, a presidency spokesman said on Tuesday.

The United States and the British dependency of Jersey agreed with the Nigerian government in February to repatriate money that Abacha, who died in 1998, had stashed in their banks.
Nigeria to use $311m of Abacha assets to fund infrastructure

Nigerian govt grants duty waiver to imported medical equipment

Fresh indications have emerged that the federal government of Nigeria may have concluded plans to waive duty payable on imported medical equipment.
Tolu Ogunlesi, the special assistant to the president on digital and new media tweeted on Tuesday that President Muhammadu Buhari has approved that import duty be waived for medical equipment and supplies.
The tweet explained that the purpose of the duty waiver on such commodities was to “strengthen health infrastructure” in response to the COVID19 pandemic.

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