The Nigerian Newsprint Manufacturing Company, Oku Iboku, will be handed over on Tuesday, August 12, 2008 to the core investor, Negris Holdings Limited by the Director General of BPE, Mrs. Irene Chigbue. Negris Holdings Limited which emerged the preferred bidder at the financial bid opening held in Abuja on July 1, 2008, has paid its winning bid price of $32.5 million.
The Action Congress (AC) has asked the Federal Government to immediately sanction British Airways over its recently reported disrespectful treatment of the Sultan of Sokoto, Alhaji Said Abubakar III, by the airline.
Ten people, comprising five men and five women have been declared winners of the just concluded MTN/Dstv promo drawn yesterday at the Towncriers premises in Ikeja GRA, Lagos.
BPE Press Release: More than 18 months after its last activity on the capital market, the Bureau of Public Enterprises (BPE) will go back this week to list by introduction the Federal Government’s shares in Capital Hotels Plc (owners of Abuja Sheraton Hotels and Towers) on the floor of the Nigerian Stock Exchange (NSE).
Youth empowerment facilities worth millions of Naira have been distributed by Kano state government to 500 youths in furtherance of the state government’s youth development drive.
Action Congress Press Release: The Action Congress (AC) has described the PDP as the cancer threatening the survival of Nigeria's democracy, hence cannot attract credible and formidable politicians like former Vice President Atiku Abubakar back to its ranks.
The Action Congress (AC) has called on the Federal Government to order the Police Service Commission (PSC) to urgently reverse the recent demotion of 140 police officers, saying the demotions cannot be legally or morally justified.
The Economic and Financial Crimes Commission (EFCC), has announced the commissioning of a modern information and communication technology (ICT) data centre, which will take place at the (EFCC) Headquarters in Abuja on August 12, 2008. The infrastructure, the EFCC says, will boost administration and operations at the anti-graft agency.
LASG Press release Lagos State Governor, Mr. Babatunde Raji Fashola (SAN) Thursday in Abuja provided guidelines for the proper use of the Public Private Partnership as a model for financing public infrastructure, saying aside from legislation, proper project conception and visioning were needed.
Press Release President Umaru Musa Yar’Adua has urged the Senate to expeditiously consider and confirm his nomination of Chief Ernest Shonekan as Chairman of the Board of the Infrastructure Concession Regulatory Commission.
Source: ThisDay Online If there is availability of gas and funds, 19,000 megawatts of electricity could be generated for national consumption by 2011, the Ministry of Energy (Power) has assured the Senate.