Adesola Oguntade, the High Commissioner of the Federal Republic of Nigeria presents credentials to the Queen

The Queen is rarely a victim of a fashion faux pas, however, she suffered a slightly awkward moment today when she perfectly matched her outfit to that of her guest.

Her Majesty welcomed several dignitaries to her home during a private audience at Buckingham Palace on Wednesday.

Polio still endemic in just four countries today: Nigeria, India, Pakistan and Afghanistan.

A polio patient receives treatment inside an iron lung in France in 1939

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Iron lungs became common place in hospitals in the 1940s and 50s as the only way to keep patients alive 

Lillard was infected with polio at her fifth birthday party at the Joyland Amusement Park, Texas, on June 8, 1953. What was first dismissed as just a cold, became increasingly worse until she couldn't raise her head from the pillow. Doctors confirmed the worst.

Robert Mugabe and his wife disposed from 40 year rule in Zimbabwe

Robert Mugabe and his wife are together in his mansion and insisting he finishes his presidential term, a source has said amid claims China approved yesterday's coup. 

The deposed 93-year-old remains holed up in his £7.5million palatial residence, known as the Blue Roof, in the capital Harare as army officials try to persuade him to agree to an 'honorable exit'.

There has been uncertainty over the whereabouts of his wife, 'Gucci' Grace Mugabe, after Namibian authorities insisted there is 'no truth' in claims that the 52-year-old fled there.

Anthony Joshua's rarely-seen mother talks on his family life

Anthony's mother has given a rare interview about raising the heavyweight champion of the world, in which she calls her son 'a blessing'.

The boxer's mother Yeta Odusanya, 51, recalled her astonishment when one of Joshua's early trainers told her that her son would one day be the champion of the world, and how she thought to herself: 'What is he talking about?' 

With visible pride, Yeta told how much he 'inspires' everyone in her family, not just the younger generation.

She appears in new documentary The Fight Of My Life, filmed ahead of her son's career-changing fight against Wladimir Klitschko in April this year, in which she revealed she's only attended two of his matches because she finds it 'too emotional' to watch Anthony's punishing bouts. 

The cameras followed Yeta as she surprised an emotional Anthony with a family party just days before the big fight, to demonstrate just how proud she is of her son, who she said 'doesn't ask us for anything'. 

Forbes 100th Birthday picture of the Worlds Billionaires

The place to be Tuesday night in Manhattan wasn't uptown near the UN - but rather downtown where dozens of the richest and most important people in the world were gathered at Chelsea Piers to celebrate the magazine that celebrates capitalism .

Billionaire Warren Buffett was joined by a roll call of the world's richest people on to celebrate Forbes' 100 anniversary.

Kano senator has over 50 cars - Customs

Col Hameed Ali

The Task Force Zonal Commander, Mr. Bala Dole, made this known in an interview with the News Agency of Nigeria in Kano on Monday.

He said the vehicles, belonging to the said senator were; 12 new Toyota Hilux and one Land Cruiser Jeep.

Abuja airport May not be ready by 18th - Reps

A section of the runway

Members of the House of Representatives on Monday expressed worry over the speed of work on the runway of the Nnamdi Azikiwe International Airport, Abuja, as they expressed fears that the rehabilitation exercise might not be completed on schedule.

IDPs rally to go home

A cross section of Internally Displaced Persons

About 1,000 internally displaced persons (IDPs) currently in Ibadan, the Oyo State capital, have signified intent to voluntarily return to Borno State.

Speaking with newsmen in Ibadan, at the weekend, during a peaceful rally at Moshood Abiola Way (Ring Road), Ibadan, the IDPs, comprising Muslims and Christians, said they are ready to return to their different homes in various local government areas of Borno State, with a view to starting a new life.

N14 trn Customs revenue leakage - Senate investigates

Sen Hope Uzodinma

The Senate has launched a fresh investigation into the Nigeria Customs Service over the alleged revenue leakage under the border security agency between 2006 and 2016 to the tune of about N4tn.

The Chairman, Senate Committee on Customs, Excise and Tariff, Hope Uzodinma, made this known in an interview with journalists in Abuja on Friday.

World Bank to SWEEP Nigeria with $250m

Senator Aisha Jummai Alhassan

Minister for Women Affairs and Youths Development, Senator Aisha Jummai Alhassan has disclosed the approval of $250 million World Bank project tagged, “Strengthening Women Economic Empowerment Programme (SWEEP),” to boost government’s financial inclusion programme for grassroots women in Nigeria.

Etisalat renegotiates loan, prevents banks take-over

Etisalat's Nigerian affiliate is in talks with local banks to renegotiate a $1.2 billion loan it took out four years ago to expand its network in the country after it missed payments, a senior executive told Reuters.

FG commits to digital in June, 2017

The Federal Government has reiterated its resolve to meet the June 2017 deadline set by the International Telecommunications Union (ITU) for Nigeria to achieve Digital SwitchOver (DSO) from analogue system.

Between two Vices, Onnoghen sworn in as CJN

Justice Onnoghen at his swearing in as Chief Justice of the Federation

On Tuesday, March 07, 2017, Acting President Yemi Osinbajo swore in Walter Onnoghen as the 17th Chief Justice of Nigeria. The ceremony was conducted inside the council chambers of Aso Rock. Onnoghen hails from Cross River state in the south south Nigeria. He was appointed by President Muhammadu Buhari on November 10, 2016 after the retirement of former Chief Justice, Mahmoud Mohammed.

Traditional oath as corruption antidote

Imo State Governor, Chief Rochas Okorocha

Imo State Governor, Chief Rochas Okorocha, has pushed for the adoption of traditional method of oath taking in governance to curb corruption in the country.

Speaking as the guest lecturer at a quarterly public lecture organised by the National Institute for Cultural Orientation (NICO) in Abuja, to grow the economy, Okorocha contended: “It would be difficult for public office holders to siphon public money or abuse their offices if they were swore in with their deity, like ‘Ofo’ in Igbo or ‘Ogun’ in Yoruba.”

Nigeria's stolen refund to Paris club

Sahara reporters claims to have obtained further details about the monumental scandal around billions of naira in Paris Club loan refunds that were brazenly stolen by state governors, Senate President Bukola Saraki, and Nigerian businessman Hassan Dambaba, who also holds the traditional title of Magaji Ngari Sokoto. Mr. Dambaba apparently embezzled as much as N2.5 billion from the Paris/London Club refunds. 

Shell, Eni sued for corruption

Nigeria's anti-graft agency on Thursday filed corruption charges against oil majors Shell and Eni over a $1.3 billion offshore block deal.

The Economic and Financial Crimes Commission (EFCC) accused 11 defendants of "official corruption", according to court documents.

Shell, Eni and Agip, Eni's Nigerian subsidiary, are alleged to have corruptly given the "aggregate sum of $801 million" to Nigerian businessmen and politicians.

This is the latest probe into the controversial 2011 oil deal that highlights endemic corruption within the sector.

Italian prosecutors are also looking into the purchase of the OPL 245 block prospecting license.

OPL 245 is located in deep offshore waters in the Gulf of Guinea estimated to hold at least 9 billion barrels of crude reserves.

Oil majors Shell and Eni have both denied wrongdoing.

"Eni did not do anything wrong," said the chief executive of Eni Claudio Descalzi to the Financial Times in February.

"At every stage, we have acted in compliance with all applicable law?.?.?.?Eni and Shell paid the government of Nigeria, and were not involved with the government decision on how to use such money."

Nigerian President Muhammadu Buhari secured a historic first win for an opposition leader when he defeated Goodluck Jonathan in the 2015 presidential elections.

He campaigned on a platform to target rampant corruption and has said "mind-boggling" sums have been stolen from the public purse.

His government has arrested a series of high-ranking officials from Jonathan's administration on corruption charges but few have been convicted.

MMM crashes, patrons lose money

No less than three million Nigerians lost about N18 billion to the Ponzi scheme, popularly referred to as Mavrodi Mundial Movement (MMM), the Nigerian Deposit Insurance Corporation (NDIC) has hinted.

The scheme since it announced new guidelines guiding its operations in Nigeria late 2016, has not recorded new investor while the already existing ones have not been able to recoup their savings from money doublers.

Who is running Nigeria?

It is the troubled economy, though, that looms largest now in Africa’s most populous country. Mr Buhari was inaugurated soon after the collapse of global oil prices. But instead of accepting reality (exports and government revenues are dominated by the black stuff), he reverted to policies he implemented when last in power in the 1980s, namely propping up the currency. This has led to shortages of foreign exchange, squeezing imports. The central bank released the naira from its peg of 197-199 to the dollar in June 2016, but panicked when it plunged, pinning it again at around 305. Exchange controls are still draconian. Consequently, many foreign investors have left, rather than wait interminably to repatriate profits. “The country is almost uninvestable,” says one. Importers that can’t get hold of dollars have been crippled. “To take a bad situation and make it worse clearly takes a bit of trying,” says Manji Cheto, an analyst at Teneo Intelligence, part of an American consultancy.

By February 20th the naira had sunk to 520 on the black market. It has since recovered by around 13% after the central bank released dollars and allowed posh Nigerians to buy them cheaply to pay for school fees abroad. The reprieve is likely to be temporary, though. Most analysts agree that the naira should float freely. Egypt, which devalued the pound in November in return for a $12bn IMF bail-out, is an oft-cited example. After falling sharply it found a floor before rebounding as the best performing currency in the world this year. However, Nigerian officials worry that the inevitable inflationary spike could lead to unrest, particularly if they are forced to raise subsidised petrol prices. It is also anathema to Mr Buhari, who is thought to blame an IMF-advised devaluation for the coup that ejected him from power in 1985. “They all know what needs to happen,” says a Western official of the nominally independent central bank’s leadership. “But somehow they don’t dare to [do it].”

The IMF predicts Nigeria’s economy will expand by 0.8% this year. That would lag far behind population growth of around 2.6%. But the government will tout any recovery as a victory. “That’s the real danger, that they will take that as validation their policies are working,” says Nonso Obikili, an economist. Meanwhile, Nigeria continues to take out expensive domestic and foreign loans. While debt remains relatively low as a proportion of GDP, at around 15%, servicing it is eating up a third of government revenues. After a $1bn Eurobond issue was almost eight times oversubscribed last month, it plans to issue another $500m one this year. Officials have also said that they want to borrow at least $1bn from the World Bank. That remains contingent on reform.

If Mr Buhari remains in London much longer, his absence could provide a window for Nigeria’s technocratic vice-president Yemi Osinbajo to push through a proper devaluation. Mr Osinbajo, currently in charge, has proved an energetic antidote to his ponderous boss, visiting the Delta for peace talks and announcing measures intended to boost Nigeria’s position in the World Bank’s Ease of Doing Business rankings, in which it currently ranks a lowly 169 out of 190.

Mr Buhari called the governor of Kano during a prayer meeting on February 23rd to say he was feeling better, the first time Nigerians had heard from their president since he left the country. But the state of his health is still unclear (aides have said only that he needs more rest). Mr Osinbajo’s appointment as acting president has followed constitutional protocol. In 2010, by contrast, it took three months for Goodluck Jonathan, a southerner, to be cleared to rule while Umaru Musa Yar’Adua, the northern president, lay dying in Saudi Arabia. There are ghosts of that power struggle in rumours that Mr Buhari’s closest allies are manoeuvring to try to keep the presidency with a northerner should their boss die or be forced by ill health to step down. That could split the ruling All Progressives Congress into three or four factions, destabilising policy-making. Nigeria’s best chance of reform in the short run, then, is probably for the president to rest up in London a while longer.

Culled from The Economist

Amina sets tenure agenda for UN

Amina Mohammed, the UN Deputy Secretary-General, says her responsibility at the UN will be to focus primarily on helping the UN Secretary-General António Guterres to reposition sustainable development as the heart of the organisation.

Ms. Mohammed, Nigeria’s immediate past Minister of Environment, was sworn-in as the fifth Deputy Secretary-General of the UN at the UN Headquarters in New York on Tuesday.

Buy Made-in-Nigeria goods - FG to review Act

Minister of Information, Culture and Tourism, Alhaji Lai Mohammed has said the federal government will review the Act establishing the Bureau of Public Procurements to enforce the patronage of made-in-Nigeria goods by government agencies.

He stated this at a town hall meeting in Umuahia.

Senate to send delegation to S.Africa

Bukola Saraki - Senate President

Following the renewed xenophobic attacks against Nigerians in South Africa, the Nigerian Senate, on Tuesday resolved to send a delegation of lawmakers to the South African parliament.

The delegates will deliberate with their South African counterpart on ways to stop the attacks on Nigerians.

NAPTIP gets 316 human traffickers convicted

The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) has said it has so far secured 316 convictions against human traffickers in Nigeria.

The agency also said that the assets of some of the convicted traffickers have been forfeited to the Victims’ Trust Fund. Chief Legal Officer of NAPTIP, Mrs. Ijeoma Amugo, said this during a one-day workshop in Calabar, Cross River State on human trafficking prosecution and victims’ fund and protection organised by the Conference of Western Attorneys-General in conjunction with NAPTIP and other agencies.

The workshop had in attendance representatives from the Utah Attorney General’s Office in the United States, security agencies, legal practitioners, attorney generals, judges, prosecutors and investigators, among other stakeholders.

Amugo, who said NAPTIP have about 145 pending cases, listed some of the challenges faced by the agency. The challenges, according to her, include insufficient funds, clandestine nature of the crime, inter-agency rivalry, porous borders, relationship ties, tender age of victims, lack of training for investigators and prosecutors, unwillingness of victims to testify in court, oath taking in shrines and delay in the criminal justice system.

She said: “From our prosecution scorecard, NAPTIP has a current record of 316 convictions. The assets of some of the convicted traffickers have been forfeited to the Victims’ Trust Fund, while there are about 145 pending cases.”

Amugo, who did not mention the amount in the trust fund, however, said that the fund was already used in rehabilitating victims as well as investigations.

‎

One of the facilitators of the workshop, Chief Anthony Idigbe, a Senior Advocate of Nigeria, said that there was the need to further amend the law on Human Trafficking to include offences that will help secure justice.

He said: “If you look at our law that was amended in 2015, it requires further amendment. Our law focuses too much on pure human trafficking offence which is very difficult to prove. We need to amend the law to create lower level offences such as offences related to simple possession of travel documents of another person without explanation.

“Like in Utah, United States, if you have someone else’s travel document and you cannot give simple explanation on why it is with you, you have committed an offence. It is enough to prove that the suspect was as at that time trying to traffic in person(s). We need to create those kinds of offences that are easier to prove.

“With those types of little ones, you can actually take people out of the system. The problem with our prosecution system is that we always go for big offences. There is the need for such level of reform and I believe that we are making progress.

In his address, the Cross River State Commissioner for Justice and Attorney-General, Mr. Joe Abang said the endemic nature of the menace in the state was of great concern.

“It is reported that Calabar has become the transit haven for traffickers, who as a result of clampdown on their activities in neighbouring states like Edo have relocated to Calabar, taking advantage of the low crime rate to perpetrate their nefarious activities.

“They use the ports and various creeks in the area to transport their victims to countries like Cameroon, Equatorial Guinea and Gabon among others. But I have bad news for them. Cross River State has never been and will never be a hiding place for criminals,” he said.

‎

Speaking on the relevance of the Victims of Trafficking Trust Fund, Chief Intelligence Assistance of NAPTIP, Mrs. Odugbesan Tolulola, said

they have so far received a total of 9, 453 victims who were provided with psychological counselling and the agency was able to empower 388 victims in various‎ skills.

Abuja airport shut for 6 weeks

Foreign travelers planning to reach the Nigerian capital, Abuja, next month have two choices: make a 15-hour drive from the southern commercial hub of Lagos or fly to the northern city of Kaduna and ride through an area plagued by kidnappers and gunmen.

The authorities plan to close Abuja’s airport for six weeks on March 8 to repair potholes on the 35-year-old runway that have damaged planes’ landing gear. British Airways, Lufthansa, Air France and South African Airways declined the government’s suggestion to divert their flights to Kaduna, while Ethiopian Airlines says it will fly there. Kaduna’s attractiveness dimmed on Feb. 23 when two German archaeologists were kidnapped and released three days later in a village off the 234-kilometer (145 mile) road to the capital.

“This route passes through insecure territory where the convergence by criminal actors from cattle rustlers to bandits and militants has precipitated a surge in kidnappings,” said Michael Clyne, an analyst at the Lagos-based security consultant group DC Premium Logistic and Solutions Ltd. Victims of the abductions included two former ministers, a Sierra Leonean diplomat and two bankers, he said.

The closure of the airport in Abuja, which handles 3 million passengers a year, will be another shock to a country facing its worst economic contraction in a quarter century. The drop in oil prices has slashed its main revenue earner, while the naira currency has weakened 35 percent against the dollar since June, the third-worst performance globally. President Muhammadu Buhari, 74, has been receiving treatment in London since Jan. 19 for an unspecified medical condition, with no date set for his return.

Deal Makers

Abuja’s a deal-making center, frequented by executives from mobile-phone companies, retailers and energy firms including Royal Dutch Shell Plc, Exxon Mobil Corp. and Chevron Corp. that are pumping crude with the state-owned Nigerian National Petroleum Corp. in Africa’s second-biggest oil producer.

Already the airport shutdown prompted the postponement of the Nigeria International Trade and Investment Conference on non-oil investment to June from March.

“We have talked to several participants and embassies, and it seems no one is interested in going to Kaduna,” Sand Mba Kalu, who’s helping to organize the conference for Africa International Trade and Development Trust, said on Monday.

Airport Capacity

Besides the danger of the Kaduna route, its airport probably doesn’t have the capacity to handle the Abuja traffic. It had 12 flights in December 2015 compared with 812 in Abuja, Lagos-based research house SBM Intelligence said in a Feb. 24 note, citing the latest available figures from Nigeria’s airports authority.

Most airlines had little alternative but to suspend their flights, said Joachim Vermooten, an independent aviation analyst in Pretoria, South Africa.

“It’s very hard to transfer the whole airline supply-chain that includes ticketing, etc to Kaduna just for a short while,” he said by phone.

The runway at Abuja’s Nnamdi Azikiwe International Airport was built in 1982 with a 20-year lifespan and has deteriorated to the extent that it has become a safety hazard and has to be completely overhauled, according to Aviation Minister Hadi Sirika.

Construction company Julius Berger Nigeria Plc won a contract in 2010 that was then worth about $425 million to build a 4.6-kilometer second runway, but it was canceled after lawmakers said it was too expensive. It also won the bid to carry out the current repairs at a cost of 5.8 billion naira ($18.4 million), according to Sirika.

Economic Impact

Until the work is finished, Ben Okechukwu says he’s planning to shut his clothes shop in the capital because he won’t be able to make his usual monthly trip to Turkey to buy suits, shirts and ties.

“I plan to shift to Lagos,” he said in an interview. “The biggest problem is we are not sure how long the airport will be closed. If it’s six weeks it’s OK, but if it goes for months, then it messes up the whole year.”

Nigeria’s airline industry was already reeling from shortages of jet fuel and foreign-currency as revenue from crude oil fell and the value of the naira tumbled, leaving airlines with higher maintenance bills and difficulty in repatriating ticket sales. The government was forced to take over Nigeria’s biggest airline, Arik Air, this month.

The airport closure will make the situation worse, said Linden Birns, managing director of Cape Town, South Africa-based aviation consultancy Plane Talking.

It’s not only a “blow for both domestic and foreign airlines who will lose revenues, but also for the Nigerian economy,” he said.

Culled from Bloomberg

Nigeria leaders lack proper knowledge .... - Obasanjo

Former President, Chief Olusegun Obasanjo, has said Nigerian leaders lack focus, commitment, continuity and sometimes, proper knowledge about economic and development issues.

Domestic air fares hike, and ...

A recent dip in the value of the naira (which fell to an all time low of N520 to $1dollar) as well as the rise in cost of aviation fuel from N240 per litre to N260 per litre is creating fresh wave of turbulence in the country’s troubled aviation industry.

“The depreciating naira is creating great source of worry in the aviation industry,” said aviation analysts, Mr. Olu Ohunayo.

Power consumers ripped off - Varsity Don

Babatunde Fashola, SAN - Power Minister

The former Dean, Faculty of Engineering, University of Lagos (UNILAG), Prof. Sumbo Balogun, has accused the various power distribution companies in the country of ripping off electricity consumers with crazy bills despite the current erratic supply to homes and industries.

Constitute Varsity Councils - FG orders minister

Adamu damu - Minister for Education

The Federal Government has directed the Minister of Education, Malam Adamu Adamu, as a matter of urgency, to inaugurate the approved governing councils of federal universities to hasten academic and social development in the institutions.

Daily Sun learnt that President Muhammadu Buhari had, last month, approved the governing councils of no fewer than 24 federal universities. The minister, during the inauguration of the governing councils of the University of Port Harcourt and Obafemi Awolowo University, Ile-Ife, in Abuja, announced that the councils would be inaugurated before the end of February.

Visa, Travel requirements eased - FG

Lai Mohammed - Minister for Information

Foreigners, who wish to visit Nigeria for business and tourism purposes, will no longer be subjected to any bureaucratic bottleneck, following the review of visa processes by the Federal Government.

The move is designed to encourage business travellers and tourists to boost the economy.

Minister of Information and Culture Lai Mohammed, in a statement issued in Lagos yesterday, said the measures were part of the plan to ease doing business as well as efforts to boost tourism in line with the President Muhammadu Buhari administration’s economic diversification agenda.

The Evolution Of Yemi Osinbajo By Jideofor Adibe

 

As Acting President this time around, a more compassionate Osinbajo appears to have emerged from the old Osinbajo that eagerly framed issues in the simplistic and hard line approaches favored by his boss.

---

BY JIDEOFOR ADIBEFEB 23, 2017

Acting President Yemi Osinbajo has been receiving deserved kudos for the way he has been holding down the fort since Buhari went on medical vacation in England on January 19, 2017. In this round as Acting President, Osinbajo seems to have brought a new style, which he had not displayed previously.

The Hypocrisy of President Buhari and Elrufai, His Mini Me By Reno Omokri

With President Muhammadu Buhari's lawyer's ₦500,000 'gift' to Justice Adeniyi Ademola while the certificate case was being tried before that judge and with the Secretary to the Government of the Federation's Grasscuttergate scandal, can we all stop pretending and accept that the anti corruption war is dead?

Osinbajo commits to changes in business visas, nation's ports and ...

                             Acting President, Prof. Yemi Osinbajo, SAN

Committed to achieving its objective of creating a conducive business environment in Nigeria, the Presidential Enabling Business Environment Council (PEBEC) chaired by Acting President Yemi Osinbajo, SAN has approved a 60-day national action plan to push through short term reforms.

DISCOs owe TCN N107bn

The Transmission Company of Nige­ria (TCN) was owed about N107 billion as at December 2016 as arrears for energy wheeled to the 11 Distribution Companies (Discos) and other electricity industry operators according to a report from Daily Trust.

20m need help from starvation in Africa - UN

More than $4 billion is needed by the end of March to help nearly 20 million people who risk starvation in Nigeria, Somalia, South Sudan and Yemen, United Nations Secretary General Antonio Guterres said on Wednesday.

Anti-malarial, anti-biotics prices surge by 150%

Ahmed Yakasai PSN President

The Pharmaceutical Society of Nigeria (PSN) has warned that the prices of essential medicines in the country, such as anti-malarial drugs and antibiotics have risen by over 150 per cent in less than two years.

According to the PSN, the implementation of a 20 per cent duty on imported medicines and the sourcing of drugs at a very high exchange rate of N500 to $1 have taken the average shelf price of an Artemisinin-based Combination Therapy (ACT) medicine from N700 in 2015 to N1, 600 now with a propensity to hit N2, 000 before the end of March 2017. ACT is the drug of choice recommended by the World Health Organisation (WHO) for the treatment of malaria.

Teachers of FG colleges on PTA payroll

Hon. Minister for Education - Adamu Adamu

About 80 per cent of teaching staff in the 104 federal government colleges, otherwise known as unity schools, are on the payroll of Parents Teachers Association (PTA).

This was disclosed yesterday by principals of the unity schools during the budget defense of their respective schools before the House of Representatives committee on Tertiary Education in Abuja.

Britain posts female envoy as Head of Mission

Dep. High Cmmissioner Beaufils

The British Deputy High Commission in Lagos, on Monday announced the arrival of Laure Beaufils as the new Deputy High Commissioner to Nigeria.

Laure, who is the first female deputy high commissioner to be posted to Nigeria, arrived in the country on the same day, January 20, and will head the UK mission in Lagos, according to a statement signed by Wale Adebajo, communication manager at the British Deputy High Commission in Lagos.

Kerosene scarcity inflates price

Kerosene scarcity continued to worsen across major cities in the country as the National Bureau of Statistics (NBS) reports on energy prices for the month of January indicated that the average price per litre paid by consumers increased to N433.84 throughout the month, representing 93.19 percent.

The NBS report also explained that the commodity increased by 87.12 percent year-on-year and 93.19 percent month-on-month to N433.84 in January 2017 from N231.85 in December 2016.

CFAO/Kewalrams float Massilia for Mitsubishi

Two front-running auto companies – CFAO and KewalramChanrai Group. – have collaborated to establish Massilia Motors Limited, a vehicle importing and marketing firm that is now the sole representative of Mitsubishi Motors in Nigeria.

OGFZA - Free zones in Delta state

The Oil and Gas Free Zones Authority (OGFZA) is set to break new grounds with plans to license another Oil and Gas Free Zone in Delta State.

Revised Highway Code cares for children

National Road Safety Advisory Council 

The Revised Highway Code recommends that children should not sit in the front seat. It says that Children less than 12 months old must ride in a rear facing car seat fixed at the back seat of the vehicle. Children from age 1 to 7 should sit facing the front of the car in a child’s seat, strapped properly to the back seat.