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Amalgamated Union of Public Corporation Civil Service Technical and Recreational Services Employees (AUPCTRE) and the Nigeria Union of Electricity Employees (NUEE) have expressed dissent over plans to privatise the water, energy, and waste management sector.
The Federal Government is committed to providing the enabling environment and necessary support for all privatised enterprises in the country to perform optimally so that the objectives of privatisation would be realised, Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has said.
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said that the federal government looks beyond budgetary allocations and exploring alternative means of providing the requisite funding for the development and maintenance of infrastructure.
The Board of Directors, Niger Delta Power Holding Company, NDPHC, and the National Council on Privatisation have approved the sale of five generating companies in the country through a competitive bidding process.
The House of Representatives yesterday expressed worry over the delay in the conclusion of the review and renewal of agreements for the concession of the country’s seaports, as it directed its Committees on Ports Harbour, Privatisation and Commercialisation to interface with relevant government agencies and other parties to investigate the cause of the delay.
A former vice president, Atiku Abubakar, has again called on the federal government to sell off the Nigerian National Petroleum Corporation (NNPC) and its refineries.
The federal government is considering the unbundling and partial concession of the Transmission Company of Nigeria (TCN) to boost its efficiency in the government’s bid to improve power supply.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, yesterday made a case for a prompt conclusion of talks between the federal government and the organised labour to resolve the dispute over the appropriate pricing of petrol.
The House of Representatives says Nigeria is losing $90.5 million annually to shoddy concession deals in the aviation sector.
Mr Joe Nwakwue, an expert in the petroleum sector has recommended the priviatiosation of Nigerian National Petroleum Corporation (NNPC) to ensure efficiency and attain maximum profit of the oil sector.
Former Vice President, Alhaji Atiku Abubakar has commended President Muhammadu Buhari’s willingness to privatize the nation’s existing refineries and other assets to revamp the country’s economy.
FBN Holdings PLC has announced the appointments of Mr. Seni Adetu and Mrs. Juliet Anammah as Independent Non-Executive directors, while Mr. Otu Hughes has been appointed as a Non-Executive director. These appointments are subject to the approval of the Central Bank of Nigeria (“CBN”).
A non-governmental organisation, ActionAid Nigeria, has called on the federal government to revise and increase allocation for education to between 15 per cent and 20 per cent of public expenditure.
Following the disclosure by Ahmed on January 12 that the federal government’s plan to sell some of its assets and use the money generated to fund the deficit in the 2021 budget, some concerned Nigerians warned that selling such public assets would hurt Nigeria in the future.
As Nigerian and Nigerians grapple with economic recession and second wave of COVID-19 pandemic, Civil Society Organisations, CSOs, Monday, disagreed and condemned the alleged move by the Federal Government to sell public assets to implement 2021 budget.
The federal government is currently under tremendous pressure to pool funds to augment the 2021 budget shortfall of N5.2 trillion.
The Federal Government has ruled out the possibility of re-introducing fuel and electricity subsidies, saying there is no provision for such in the 2021 budget.
The prime minister of Italy has called for the Euro 2020 final to be moved from Wembley due to coronavirus concerns. Mario Draghi says the level of infection in the United Kingdom means alternative venues must be considered.
Ivory Coast’s former president Laurent Gbagbo filed for divorce on Monday from his wife of three decades, his lawyer said, days after his highly anticipated return to the country.
The President of the Court of Appeal, Hon Justice Monica Dongban-Mensem, has organised a special court sitting in Jos where about 270 Motions and Appeals would be addressed for quick dispensation of justice.
MTN Nigeria plans to invest N640 billion (approximately US$1.5 billion) over the next three years to expand broadband access across the continent’s most populous country, in line with the federal government’s 2020-2025 National Broadband Plan and in support of MTN Group’s strategy, Ambition 2025: Leading digital solutions for Africa’s progress.
The three survivors of Sunday’s sporadic shooting by a police operative in Enugu have regained consciousness, a medical doctor at the Enugu State University Teaching Hospital, Parklane, has said.
The President, Nigerian Union of Local Government Employees (NULGE), Comrade Olatunji Ambali, has said that the establishment of Local Government Police is the only panacea to the problem of insecurity in the country.
A former governor of Kano State, Ibrahim Shekarau, has urged the All Progressive Congress (APC) to field a southerner as its presidential candidate in 2023.
It is not yet certified – and does not yet have a name. But a 1,098 carat diamond found in Botswana seems likely to be recorded as the third largest such gemstone ever discovered, after the Cullinan Diamond found outside Pretoria in 1905, and the Lesedi La Rona, found in Botswana in 2015.
The United States on Sunday said it saw as an "interesting signal" North Korean leader Kim Jong Un's comments this week saying he is ready for "dialogue and confrontation" but that Washington was still waiting for direct communication from Pyongyang to start talks towards the denuclearization of the Korean Peninsula.
The Netherlands had every reason to step down a couple of gears but instead upped their pace thanks to a fine display by speedy forward Donyell Malen in Monday’s 3-0 win over North Macedonia, advancing their claims to be genuine Euro 2020 contenders.