Peoples Daily
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Why 2014 budget is delayed – Senate

By Ikechukwu Okaforadi The inability of the various committees of the Senate to finish their budget preparations and defend their figures before the Senate Committee on Appropriation has continued to delay the 2014 budget in the National Assembly, the Senate…

Bizman arraigned for breach of trust, cheating

The police have arraigned a businessman, Umar Ado,50, in a Senior Magistrates’ court in Mararaba, for alleged breach of trust and cheating. The accused, who resides at Mararaba, is facing a two-count charge of criminal breach of trust and cheating.…

Electrician docked for stealing N1.2m cables

An electrician, Sani Tenimu, 20, has appeared in a Senior Magistrates’ court in Wuse Zone 2, Abuja, for allegedly stealing electrical cables valued at N1.2 Million. Tenimu is charged with one count of theft. The prosecutor, Cpl Francis Tanko, told…

Nebo blames poor electricity supply on vandalism, gas shortage

…pegs current grid at 3068MW By Etuka Sunday The Minister of Power Prof. Chinedu Nebo yesterday blamed the current poor electricity supply across the country on vandalism and gas supply shortage in the last two weeks. Nebo while briefing newsmen…

BPE unveils 2014 work plan

…Expects over N746bn gross proceeds from transactions By Etuka Sunday The Bureau of Public Enterprises (BPE) yesterday unveiled its 2014 work plan with expected gross proceeds of over N746 billion from both definite and prospective transactions. The Director General, Bureau…

CBN: Agro production, banking reforms, others to stimulate real sector of economy

By Clem Khena-Ogbena The Monetary Policy Committee (MPC) yesterday reeled off areas that are expected to stimulate the real sector of the economyto include agricultural production, the banking sector reforms and favourable government initiatives. This was contained in a communique…

MTN slashes data rate, launches ‘Roam like Home, when you browse

By Chris Alu One of the giant telecommunications in Africa, MTN, has slashed its data roaming rate with the introduction of a new roaming package tagged Roam like Home with “MTN One World’, as part of its effort to ensure…

Cashless policy not to eliminate physical cash – CBN

From Olanrewaju Lawal, Ilorin The Central Bank of Nigeria (CBN) has said that its cash-less policy does not intend to eliminate use of physical cash for payment, but meant to reduce cash transaction. Speaking at a sensitization exercise on the…

FG urged to stop tax holiday to multinational companies

By Clem Khena-Ogbena The Federal Government of Nigeria has been called upon to stop granting Tax Holiday to multinational companies in the country. The Action Aid-Nigeria made the call, while its members were protesting against the policy in the premises…

Malaysia plane: How do you mourn a missing person?

The relatives of passengers on board the missing Malaysian Airlines plane have been told the plane crashed in the ocean, with no survivors. So how hard is it to mourn a missing person? When flight MH370 went missing, Prahlad Shirsath…

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