The Chairman, Ado-Odo/Ota Local Government, Chief Oladele Bashir Adeniji has presented the sum of N821, 493,310.70, as the Council’s Budget Proposal for the 2019 fiscal year. Adeniji, while presenting the Budget at the Legislative Chamber of the Local Government, explained that N249, 099, 942, 92, would be for capital expenditure, representing 30 percent, while N572,...
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Eredo Council Helmsman, Saliu Charges Farmers To Raise Food Production, Others
An open day summit designed to examine the contemporary agriculture outlook with emerging challenges and opportunities ends with a call on more participation in agric business in order to boost food production to meet rising demand. Hon Adeniyi Saliu, Eredo Local Council Development Area Chairman said the call also becomes imperative in order to bridge...
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We’ve Disbursed Over N200m Micro-Credit Scheme To Women In Three Months, Says Ogun Commissioner
Ogun State Ministry of Women Affairs and Social Development has disbursed a sum of N200m to a total of 7, 350 women in the 7th Phase of her micro-credit scheme in the last quarter. The Commissioner in charge of the Ministry, Mrs Abiola Kufile-Okonji, represented by the Permanent Secretary in the Ministry, (Mrs) Ranti Oladeinde...
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IBEDC: A Crooked And Criminal Enterprise?
By REMI OYEYEMI There is the common saying that it was easy for one to be taken out of the ghetto, but not always easy to take the ghetto out of someone. The South African Caucasian Managing Director of the Ibadan Electric Distribution Company (IBEDC), John Donnachie is a living example of this aphorism. Having...
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Innoson Tells GTB: Stop Wasting Your Time… Convert The N8.8bn Debt Into Shares And hand It To Us
Innoson Motors Limited in Nnewi has advised Guarantee Trust Bank (GTB) to stop deploying more resources into stopping the execution of the court order made against it. The motor company said the refusal, last Friday, of the Federal High Court sitting in Ibadan to hear or grant the bank an injunction to restrain Innoson from...
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WORLD BANK HIGHLIGHTS IMPORTANCE OF GOOD DEBT MANAGEMENT SYSTEM
Adequate system for sound public debt management has been identified as a key ingredient in the realization of the Economic Recovery and Growth Plan (ERGP) of the Federal Government. This was contained in a report read by the Spokesperson, World Bank Sub-national Debt Management Performance Assessment (DeMPA) Mission, Signe Zeikate, at the Opening of a...
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Zeno Launches First Bus Ride in Lagos
Today, the 1 st of April through the 5th of April, several lucky commuters will get free access on the Zeno experience free bus rides between the Ajah-Lekki-VI axes of Lagos. Zeno, a flagship product from Zeno Digital Limited – an indigenous technology firm in Nigeria – is seeking to change the narratives of the...
