Two Ikoyi high-rise buildings fail integrity test, risk collapse
Two high-rise buildings in Ikoyi, Lagos are at risk of collapse after failing experts’ integrity test, The PUNCH has learnt. A high-rise building under construction by Fourscore Heights Limited along…
NASS to pass Buhari’s revised 2022 fiscal framework today
The Senate and the House of Representatives will on Thursday (today) pass the revised 2022 fiscal framework of the Federal Government. The President of the Senate, Ahmad Lawan, made this…
Navy has detained my vessel for four years – Shipowner
A shipowner, Captain Dada Olaniyi Olabinjo, has said that despite meeting the bail conditions, his vessel, MT Adeline Jombo, has been detained by the Nigerian Navy since 2018. Olabinjo, who…
Visa ban: FG approves foreign professionals with skills lacking in Nigeria
The Director-General and Chief Executive Officer, National Office for Technology Acquisition and Promotion, Dr. Dan-Azumi Ibrahim, has disclosed that the Federal Government, through Executive Order 5, has restricted the issuance…
80% of barges in Nigeria are locally made, say operators
Barge operators in the nation’s maritime sector have said that 80 per cent of the barges on the Nigerian waters are locally made, noting that the players are already operating…
Imported vehicles: Customs slam 15% levy, clearing agents plan strike
CLEARING agents operating in the nation’s maritime sector may withdraw their services following the reintroduction of a 15 per cent National Automotive Council levy on imported used vehicles by the…
FG not handing over Ajaokuta Steel to British firm – Minister
THE Minister of Mines and Steel Development, Olamilekan Adegbite, has refuted media reports on the rehabilitation of the Ajaokuta Steel Plant, saying that the Federal Government is not handing it…
Oil theft affecting govt finances, naira stability –MPC member
Massive oil theft, among other challenges, is affecting government finances and threatening naira stability. The Central Bank of Nigeria disclosed this in a report by a member of the Monetary…
National grid collapsed twice to 10MW, 33MW last week – FG report
The collapse of Nigeria’s electricity grid actually occurred twice - on Friday and Saturday last week despite concerted efforts to stabilise the power system, a Federal Government report seen in…
Over 5,000 debtors owe 10 FG agencies N4.67tn – Minister
The Federal Government has disclosed that over 5,000 debtors currently owe its agencies about N4.67tn. The Minister of Finance, Budget, and National Planning, Zainab Ahmed, who made the disclosure on…
Aggrieved customers petition banks over N546bn wrong charges, others
No fewer than 2,256 depositors have lodged complaints on transactions totalling N368.9bn and $428.7m (N177.05bn) on their accounts against their banks with the Chartered Institute of Bankers of Nigeria. The…
‘Why NIMASA may not be blamed for gunboat disaster’
A former President of the National Association of Master Mariners, Captain Adewale Ishola, says the Nigerian Maritime Administration and Safety Agency may not be held responsible for the sinking of…
