Tag: Military

News

ECOWAS court orders Nigeria to probe military-era share seizure

The ECOWAS Court of Justice sitting in Abuja has ordered the Federal Government of Nigeria to investigate the 1978 seizure of shares belonging to a 94-year-old Nigerian businessman, Mr Kolawole Koiki, in the New Nigeria Salt Company Limited by the former military government. The regional court also awarded Mr Koiki the sum of ₦5 million […]

FG reviews road concessions, repairs on Kaduna-Abuja expressway
Business

FG enlists retired military officers to safeguard highway construction workers

Retired military and security personnel have been hired by the Federal Government through the Ministry of Works to guard and secure building sites. According to The PUNCH, during a meeting with Adhoc Committee members at the ministry’s Abuja headquarters, Minister of Works, David Umahi revealed this. “The team was formed to address the persistent concerns […]

China's National Flag
Business News

China raises defence budget by 7.2%

China will raise its budget on defence by 7.2% this year in a bid to enhance preparedness and build the nation’s security capacity.   Reuters reported that the increase is slightly more than that of last year at the same time faster than the government’s modest economic growth forecast.   It was also raised owing […]