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We need fund to tackle kidnapping, says IG
Inspector-General of Police (IG) Ibrahim Idris has identified inadequate funding as the factor hindering the police from tackling kidnapping. He noted that a lot needs to be done to follow up on...
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SPDC LiveWIRE beneficiaries to benefit from $.8m fund
Twenty-eight beneficiaries of the Shell Nigeria LiveWIRE programme are retooling to get a good share of the $800,000 growth fund for the year, provided by Grofin Investment, Shell Petroleum Development...
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‘FMBN, REDAN, Shelter Afrique to create $2b affordable housing fund’
Some stakeholders have agreed to pool resources to tackle the housing problem headlong. This is by ensuring improved access to credit facility and reducing development costs for low-income housing....
View Article‘Illegal miners ‘ll not benefit from $150m fund’
The Federal Government has said illegal mining firms will not benefit from the $150 million grant given by the World Bank to support the Ministry of Mines and Steel Development. This follows the...
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‘The Quartet’ moots film industry development fund
Four major groups; The Nigerian Film Corporation (NFC), Nigerian Copyright Commission (NCC), Nigerian Film & Video Censors Board (NFVCB) and the National Broadcasting Commission (NBC), under the...
View ArticleOPS differs on 5% Road Fund
Members of the Organised Private Sector (OPS) seem to differ on the merits of the proposed five per cent Road Tax aimed at revolutionalising the road sector. While some agree that it is a global best...
View ArticleFund for disabled coming
Lagos State government will on Tuesday at the Blue Roof LTV, Ikeja, disburse the Disability Trust Fund launched in 2016 to beneficiaries drawn from groups of people living with disabilities in the...
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Wabba decries employers non-remittance of pension fund
Nigeria Labour Congress (NLC) President Ayuba Wabba has chided employers who failed to remit pension funds, saying their action is a threat to the contributory pension scheme. Speaking at the Annual...
View Article‘10,000 farmers can’t access N350m donor fund’
•Govt: allegation untrue Ten thousand farmers in Edo State cannot access the N350 million donor fund, Edo North Coordinator of All Farmers Association of Nigeria (AFAN) Alhaji Mohammed Oshiobugie has...
View ArticleN1.6b women fund is idle, says minister
The Federal Government has urged states to access the N1.6 billion National Women Empowerment Fund (NAWEF) lying idle in the Bank of Industry (BoI). The Minister of Women Affairs and Social...
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Water supply: Wike releases N100m counterpart fund
Rivers State Governor Nyesom Wike has approved the release of N100 million as balance of the counterpart fund for the Rivers State Government/European Union Niger Delta Support Programme (RSG/EU...
View ArticleDizengoff, others set up greenhouse farming fund
Dizengoff Nigeria in partnership with Best Foods Fresh Farms Ltd and Apel Capital & Trust has set up an agriculture investment fund that will support and finance modern greenhouse farming for has...
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NIMASA pays N9.975b, $38m into Consolidated Revenue Fund
The Nigerian Maritime Administration and Safety Agency (NIMASA) has within one year and one month contributed N9.975 billion to the Consolidated Revenue Fund (CRF). Within this period, the agency has...
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Post recession: ‘Fund repatriation injurious to economy’
Fund repatriation by foreign construction firms has been identified as a major disincentive to the economy. If the trend is unchecked, the economy will continue to suffer, even in post-recession. This...
View ArticlePension fund hits N7.094tr
Despite the adverse effects of recession on businesses in the country last year, Pension fund assets under the Contributory Pension Scheme (CPS) hit N7..094 trillion as at August 31, 2017 from the...
View ArticleFund health insurance with call tariff, FG told
The federal government has been advised to use call tariff to fund National Health Insurance Scheme (NHIS) for Nigeria to achieve Universal Health Coverage (UHC). A former Executive Secretary of the...
View ArticleSEC launches capital market development fund
Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has established a Nigerian Capital Market Development Fund (NCMDF) to foster the development of the capital market...
View ArticleDisquiet over plans to withdraw N18b from N45b IDPs fund
•N5b for ‘retraining’ of security personnel •We followed due process, says minister There is disquiet over the request to deduct N18,227,065,037.50 from the N45 billion approved by the National...
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Oyo gets fund to rebuild dilapidated schools, others
The Oyo State government has unfolded a plan to establish its Education Trust Fund (Oyo ETF) for rebuilding schools with dilapidated facilities and training of teachers. The chairman of the fund, Mrs...
View Article‘Pension fund key for infrastructure financing’
The Infrastructure Concession Regulatory Commission (ICRC) has called for meaningful private capital fund to implement plans that will kick-start rapid infrastructure development in the country. The...
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