Nigeria: ‘Nigeria Can Only Benefit From AfCFTA With Improved Infrastructure’
The Lawmaker representing Nnewi North, South and Ekwusigo Federal Constituency, Engr. Chris Azubogu, has said Nigeria can only benefit from the African Continental Free Trade Area (AfCFTA) which became effective on January 1, 2021, if she improves on her infrastructure. Azubogu, who spoke when a…
Bureau Of Public Enterprises Diverts N14billion PHCN Sales Proceeds Into Private Banks
The Bureau of Public Enterprises, an agency of the Federal Government responsible for the sale and privatisation of public assets, has failed to remit over N14billion which is the proceeds of the privatisation of the Power Holding Company of Nigeria to the Central Bank of…
Nigerian Senate Queries $120m Revenue Loss to Petroleum Products’ Shipment
The Senate yesterday expressed displeasure at reports that the nation loses over $120 million annually to the patronage of foreign shipping firms in the shipment of petroleum products. It has, therefore, directed the Nigerian National Petroleum Corporation (NNPC) to patronise and boost the capacities of…
Jeffrey Epstein’s $22 million Palm Beach mansion will be demolished
theplebisciteworld Report According to. CNN, The $22 million Palm Beach mansion owned by financier and convicted sex offender Jeffrey Epstein will be demolished to make way for an even more expensive home, according to the developer who is buying it. The six-bedroom, 14,000-square-foot waterfront home…
Top Nigerian Bank Sued for Blocking Protest-Linked Accounts
Company says lender unilaterally restricted its account A test of banks’ power to freeze accounts without court order Access Bank Plc, Nigeria’s biggest lender, is accused of illegally blocking an account used to promote media coverage of protests against police brutality that recently swept Africa’s…
$5bn required for National Broadband Plan
Malam Ubale Maska, Chairman, Broadband Implementation Steering Committee (BISC), says about 5 billion dollars was required for the implementation of the Nigerian National Broadband Plan (NNBP) 2020-2025. Maska, represented by Dr. Usman Abdullahi, stated this at the maiden Stakeholders Consultation meeting with Industry Players on…
Nigeria failing in its financial obligations internationally – Onyeama
The Minister of Foreign Affairs, Mr. Godfrey Onyeama, says plans are underway to reduce the number of International Organisations Nigeria belongs to because of paucity of funds. Onyeama made this known while defending the ministry’s 2021 budget at the House of Representatives on Tuesday in…
First Flying car completed 1st flight in Slovakia.
https://www.cnn.com/videos/business/2020/11/01/flying-car-first-flight-lon-orig.cnn
Dirty Cars from exports
FEATURES (Environment) Climate change: ‘Dangerous and dirty’ used cars sold to Africa Millions of highly polluting used cars from rich countries are being “dumped” on developing nations, according to a UN report.Between 2015 and 2018, some 14 million older, poor quality vehicles were exported from…
U.S. Government moves to Confiscate Aluko’s former $22m Bel Air Mansion which he offloaded to Business Associate to avoid seizure
The U.S. government is seeking to confiscate a $22 million Los Angeles mansion which used to belong to Nigerian businessman Kolawole Aluko as it goes after assets it says he bought with the spoils of corrupt Nigerian oil deals. Aluko has been accused of taking…
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