Governor Adams Oshiomhole of Edo State says the state Government got only N1.6 billion from the Federation Account this month and has a shortfall of N1.4 billion to meet salaries and overheads, but that it won’t stop the Government from meeting its wage obligation before the end of the month. Oshiomhole who restated his commitment to the prompt payment of workers’ salaries during a visit of the newly elected leadership of the Trade Union Congress (TUC) said, “The labour movement remains to me my primary, original constituency. Politics is my secondary constituency, and I am never ashamed to say it…
Author: Pride Team
All Progressives Congress (APC) has raised the alarm over alleged new politically motivated killings in Rivers state. Led by the Deputy National Chairman (South) of the All Progressives Congress (APC), Engr. Segun Oni, party leaders addressed a press conference at the APC National Secretariat in Abuja on the continued spate of politically-motivated killings, intimidation and persecution of APC members in Rivers State under the watch of the Rivers State Governor, Nyesom Wike and the Peoples Democratic Party (PDP). Party leaders also decried the level of impunity in the Rivers State House of Assembly. Despite a December 23, 2015, Court of…
British Council brings the Open House experience to Lagos this weekend; 29th April- 1st May. The Open House concept was founded in 1992 in London by Victoria Thornton with the aim of fostering a better understanding of architecture and the built environment outside the profession. A highly anticipated event in the city’s architectural calendar, Open House Lagos is a unique celebration of the buildings, places and spaces where we live, work and play. It provides an opportunity to see, explore and learn about Lagos’ amazing architecture and design over one weekend. According to Ojoma Ochai, Director Arts, British Council Nigeria, “Open…
Hong Kong stocks fell on Monday, tracking regional markets, with financial and IT stocks leading the decline. The Hang Seng Index fell 0.8 percent, to 21,304.44, while the China Enterprises Index lost 1.5 percent, to 8,986.33 points. All sectors, with the exception of service shares, fell. The Hong Kong-listed shares of Zoomlion Heavy Industry Science and Technology Co dropped more than 3 percent after the company reported its worst quarterly loss on record. Bucking the broader trend, shares of Chinese developer Evergrande Real Estate Group jumped 3.7 percent in Hong Kong, after it said it would buy a stake in…
The federal government is looking at initiating a treasury bond to the tune of N300 billion to improve funding in Nigeria’s electricity market. It was gathered from two industry sources who are conversant with the development that the proposed treasury bond would seek to address the prevalent operational challenges the 11 electricity distribution companies (Discos) face. The Discos, the sources said, are not charging consumers cost-reflective rates for electricity supplied to them, and the government is also not willing to provide some sort of subsidy to cushion their revenue shortfalls as reportedly agreed with them during the power privatisation exercise.…
Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has lamented massive and unprecedented loss of jobs in the oil and gas industry globally and in Nigeria. The Nigerian oil and gas industry recorded a loss of about 150,000 jobs in the 26 months to February 2016, the Petroleum and Natural Gas Senior Staff Association of Nigeria said. National President, of PENGASSAN, Mr. Francis Johnson, noted that there had been a massive and unprecedented loss of jobs in the oil and gas industry globally and in Nigeria. Johnson stated this in Abuja at the Save Nigeria Oil and Gas…
Dangote group is planning more investments in the country in a bid to enlarge job creation opportunities and create a stable economy. The group will further intensify its investments in the private sector through the expansion of its existing capacity and increased stakes in fresh investments. Chairman of the group Aliko Dangote who made the announcement at a dinner in his honour to mark his emergence as The Guardian Newspapers Man of the year, also stated his company’s preparedness to partner with the media to conduct a comparative analysis and study bordering on the volume of investment between the federal…
Crude prices firmed after the International Energy Agency (IEA) said non-OPEC production would fall this year by the most in a generation and help rebalance a market dogged by oversupply. IEA chief Fatih Birol said low oil prices had cut investment by about 40 percent over the past two years, with sharp falls in the U.S., Canada, Latin America and Russia. Benchmark Brent crude futures were up 12 cents at $45.92 a barrel by 12:04 GMT (7:04 a.m. CT). U.S. crude futures were 4 cents higher at $44.22. Both have gained about 70% from lows hit between January and February.…
If you are a Maki Oh fan and Beyoncé stan (a.k.a. #Beyhive), then this would excite you. We love it when one of our own gets the international standing they deserve. This time Nigerian fashion brand Maki-Oh takes center stage and gets featured in Beyoncé’s new video titled, lemonade. In one of the scenes, Amandla Sternberg can be seen wearing the tear drop adire. An amazing feat! A photo posted by Maki Oh Lagos (@maki.oh) on Apr 24, 2016 at 6:53am PDT A photo posted by Maki Oh Lagos (@maki.oh) on Apr 24, 2016 at 7:57am PDT xosotin chelseathông tin…
The unexpected death of the Iconic singer, Prince, sent the world into a whirl of mourning by fans and celebrities (who undoubtedly were also fans of the artist) – Beyonce reiterated how starstruck she was of him during their ‘crazy in love’ 2004 performance. In addition to his great musical record, his stylishness was one which was very “prince” – unconventional and dramatic. And though his sexuality was always up for debate because of this, speculations didn’t deter his love for stylish profusion, the world loved and accepted him nonetheless. We’ve put together looks we love xosotin chelseathông tin chuyển…