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Gov Gaidam approves N1.1bn for gratuity payments to 631 retirees

Yobe Governor Ibrahim Gaidam has approved the sum of N1, 097, 896, 058.43 as payments of gratuity to a total of 631 workers who have retired from the services of the state government. Director-General Press Affairs in the government house, Abdulahi Bego said that the payment covers all those who retired between January 2017 and July 2017. “All retired workers whose ...

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Fuel crisis: Travellers stranded amid anguish, pains in Delta ahead Christmas

IT’S a weekend of more pains and anguish – trademarks of the ongoing harsh fuel crisis in Delta State – as prices of petrol, where found, remained hiked. Commuters, most hit being Christmas festive season, were, on Saturday, milling around roadsides and motor parks in search of how to reach their destinations to felicitate with their families. At Warri-Benin expressway from ...

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Innoson CEO opens up on arrest by EFCC, says my ordeal not tribalism

THE Chairman and Chief Executive Officer, Innoson Group of Companies, Chief Innocent Chukwuma, says his recent arrest and detention by the Economic and Financial Crime Commission EFCC, early this week was not a tribal issue or an antagonism against the Eastern Nigerians (Igbos). Speaking to some selected journalists yesterday, in his country home, Nnewi, shortly after his release, Chief Chukwuma ...

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Senate To Debate Planned Withdrawal Of $1bn From Excess Crude Account

The Senate has reached a decision to debate on the Federal Government’s plan to withdraw the $1billion excess crude account to fight insurgency and terrorism. The Deputy Senate President, Ike Ekweremadu, raising a point of order reminded lawmakers that the matter was supposed to come up for debate on the floor but was not listed on the order paper. But the ...

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Amaechi, Peterside Appear Before Reps Over Waterways Concession

The House of Representatives on Thursday held a public hearing on the ceding of the nation’s waterways to some foreign companies.   The House of Representatives Committee on Public petitions is probing the planned $195m concession of the nation’s waterways to foreign companies. Minister of Transport, Mr Rotimi Amaechi, and the Director-General of NIMASA, Mr Dakuku Peterside, were among those present ...

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Edo Govt Promises To Clear Pension Debts By 2018

The Edo state government has promised to clear all outstanding pension debts before the end of the year 2018 with or without the Paris club refunds. The Edo State Governor, Godwin Obaseki, said the state government has paid off N6billion of the N10 billion pension arrears that accumulated between 1996 and 2000. Mr Obaseki made this known when he met ...

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2017 Budget: FG To Release Fresh N750billion

The Federal Government on Monday said the sum of N750billion would be released this week to Ministries, Departments and Agencies of government for implementation of capital projects contained in the 2017 budget. The Minister of Finance, Mrs Kemi Adeosun said this on Monday during a meeting with a delegation of investors from France. She said the government had previously released ...

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‘EFCC recovers N2bn in Rivers in 2017’

THE Economic and Financial Crimes Commission has disclosed that the commission recovered N2billion in 2017 alone over 60 per cent more than its highest ever recovery of about N400- million within 12 months. Disclosing this yesterday in Port Harcourt Ishaq Salihu, Zonal Head of the  Commission explained that the increase in the fund recovery is not what to celebrate but something ...

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