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    L-R: Mrs. Patricia Obozuwa, director of communications, general Electric Africa; Mr. Phil Griffith, Global Supply Chain Leader, general Electric Africa and Mrs. Yewande Sobamowo, communications coordinator (GE) Nigeria, at an interactive session with the Editiors at Zen Garden Chinese Restaurant GRA Ikeja. Photo: EMMANUEL ANYANWU
    The full support of traditional rulers are very critical to the success of the on-going power reforms of the federal government, Professor Chinedu Nebo, minister of power, has submitted. The federal government has not hidden its desire to completely reform the power sector and make it optimally functional.

    Group Urges FG to Give Attention to Tourism

    Federation of Tourism Association of Nigeria (FTAN) has said if the federal government's quest to diversify the economy from oil must be materialised, commensurate attention must be given to tourism development.

    The World Bank has submitted that Nigeria's economy can be made more climate-resilient and less carbon-intensive without foregoing growth. The bank, in its two new reports, “Toward Climate-Resilient Development in Nigeria” and “Low-Carbon Development Opportunities for Nigeria,” released last week in Abuja noted that with proper management and deployment of appropriate technologies, Nigeria's economy would absorb the climate change shocks.

    AfDB Returns to Abidjan

    The Boards of Governors of the African Development Bank (AfDB) and of the African Development Fund (ADF) has announced the return of the AfDB to its headquarters in Abidjan. BusinessWorld Intelligence can disclose that the return of the regional financial institution is coming more than a decade of operating from the North African country of Tunisia.

    Why We Adopted Guided Liquidation for Nitel - BPE


    L-R: Mr. Philippe de Traux, Non executive director, Okomu Palm Oil company; Mr. Gbenga Oyebode, chairman and Mr. Graham Hefer, managing director, at the 33rd annual general meeting of Okomu oil palm company Plc, at Transcorp Hilton Abuja.
    The federal government adopted the process of guided liquidation for the Nigeria Telecommunications (Nitel) and Mobile Telecommunications (Mtel), its mobile arm as a result of the companies' liabilities which far outweigh their current value, Mr. Benjamin Dikki, director-general of the Bureau of Public Enterprises (BPE), has explained.

    Benue Chamber of Commerce Inaugurates Advisory Committee

    From Achiri Igiri-West, Makurdi
    Benue Chamber of Commerce, Industry, Mines and Agriculture (Beccima) has inaugurated an advisory committee to advise its leadership on how best to organise trade fairs.

    NGO Indicts Government, Parents Over Child Abuse

    Healing Heart Foundation (HHF), a non-governmental organisation (NGO) with its headquarter in Lagos, has charged government to promulgate stringent laws over cases of child abuse especially rape in the society.

    Finance Minister Blows Hot as Agencies Withhold N58bn

    Dr. Ngozi Okonjo-Iweala, Nigeria's coordinating minister for the economy and minister of finance, last week in Abuja, wielded the big stick on some of the federal government's ministries, departments and agencies (MDAs) which have continued to illegally withhold revenue accruing to the federal government.

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