The Abuja Chamber of Commerce and Industry (ACCI) has reacted cautiously to the recent new policy on cash withdrawal limits announced by the CBN, particularly on the ease and cost of doing business. This is contained in a statement issued on Thursday in Abuja by the President of ACCI, Dr Al-Mutjaba Abubakar. According to Abubakar, the chamber is raising posers on the impact of the new policy on cost of doing business and ease of doing business in Nigeria. “We have perused the policy guidelines and we first commend the CBN for constantly innovating to address the fiscal and monetary…
Author: TheStories
The Federal Capital Territory Administration (FCTA), Department of Outdoor Advertisement and Signage (DOAS) says it has lost about N500 million revenue to masts erected without approval in the territory. The Director, Dr Babagana Adam stated this during an interactive session with newsmen on Thursday in Abuja. He said available records with the FCT administration since inception of the department, showed that 3,050 masts erected in the city had no genuine approval. Adam explained that some companies only paid for permit and refused to pay the processing fee of N1.5 million and go ahead erecting their masts and towers. “We have…
EU home affairs ministers are in Brussels on Thursday to decide on admitting Bulgaria, Romania and Croatia to the Schengen area, with the latter having the best chance. The European Commission urged capitals in November, to let the trio join Europe’s passport-free Schengen area, but not all member states supported the proposal. Austrian Chancellor Karl Nehammer reiterated on Tuesday that his government was ready to back Croatia’s accession but would vote against Romania and Bulgaria over irregular migration concerns. The Dutch parliament adopted a resolution in October, saying a further analysis of the functioning of the rule of law and…
The National Cereals Research Institute (NCRI), Badeggi in Niger, said it had produced two flood-resistant rice varieties, to mitigate the impact of flood on the production of the commodity. The Executive Director of the Institute, Dr Aliyu Umaru, told newsmen in Bida on Thursday that the new varieties included Faro 67 and Faro 68. Umaru said the varieties could withstand submergence for between 2 to 3 weeks as compared to the previous varieties that normally perished after 2 to 3 days submergence. The executive director, therefore, urged farmers in the country to adopt appropriate varieties in flood-prone areas. He said: “The…
“They’ll pick a paper, and go to a preconceived location to get paid” By Femi Ogunshola Vote buying is not a new lexicon in Nigeria electoral system. Desperate politicians allegedly deployed it to rig their way to victory and subvert the will of the people. As one Yoruba saying goes: “édíbó ésébé”, meaning `vote and cook good soup`. The last primaries held by the leading political parties to choose their presidential flag bearers were allegedly characterised by vote buying. “The way the buying is usually done, as we have observed, is that the voters will show the agents their vote…
Don’t involve the military and other security agencies to undermine the credibility of the popular demand and aspirations of Nigerians to have free, fair and credible elections The Transition Monitoring Group (TMG) has raised an alarm on plans by undemocratic elements to use the military to mar the 2023 general elections. TMG in a statement signed by its chairman, Comrade Auwal Musa Rafsanjani, warned politicians not to involve the security agencies to undermine the credibility of the popular demand and aspirations of Nigerians to have free, fair and credible elections. Already similar incident in 2019 has negatively impacted the legitimacy…
Nothing can be so mockingly debasing than going out for a political campaign only to be welcomed by a scanty crowd in a metropolitan city like Lagos. The PDP candidate, Atiku Abubakar was in Lagos this week and what he saw was not only palpably discomforting, it also revealed many lows about his chances in the 2023 general election. His Lagos scanty crowd was being covered up by his publicists through a deliberate distraction, using Asiwaju Tinubu’s appearance in London as a subject of scorn just because Atiku was not welcome in Lagos. Reno Omokri, Atiku’s diaspora attack dog, was earlier…
President Muhammadu Buhari has presented National Environmental Compliance Award 2022 to 16 organisations for their voluntary compliance with environmental standards, rules and regulations effectively. This is contained in a statement by Assistant Director, Public Relations and Protocol, National Environmental Standards Regulation and Enforcement Agency (NESREA), Mr Adeleke Adebayo, on Thursday in Abuja. Buhari gave the awards to the organisations at the maiden edition of the National Environmental Compliance Awards (NECA). The President who was represented by Chief of Staff, Prof. Ibrahim Gambari, said that his administration is committed to ensure a healthy environment for all citizens. He announced the elevation…
Zuru Community residing in Kaduna have committed to giving the All Progressive Congress (APC) 100% of their votes in the 2023 general elections. Wakilin Sarkin Zuru, Kaduna, Engr Kabiru Danjuma made this known when he led the Zuru Community Traditional Council on a courtesy call on the Acting Governor, Dr Hadiza Balarabe, on Thursday in Kaduna. He also commended the El-Rufai administration for the rapid transformation of the state in seven years of being in power. Danjuma, who noted that the Zuru community has a large number of people living in Kaduna for a long time, said “Kaduna is our…
“It is hoped that decriminalization will reduce human rights violations against sex workers” – Justice Minister Ronald Lamola The South African government has introduced a plan to decriminalize prostitution, hoping to combat the growing violence against women. The offer and use of sexual services will no longer be treated as a crime, according to the legislation presented by the Justice Department. According to associations, the country has about 150,000 prostitutes. “It is hoped that decriminalization will reduce human rights violations against sex workers,” Justice Minister Ronald Lamola said at a press briefing on Friday (December 9). “It would also allow…