…..Says Nigeria’s Unity Negotiable, Kanu To Drop Biafra Agitation Yemisi Izuora A new wave of agitation for Nigeria’s restructuring filled the air as leaders from southwest joined by prominent elements from south east and south south came out strongly today demanding immediate discussions on the unity of the count. At a well attended meeting which was followed by a press conference the leaders warned about the dire consequences of opposing the agitation. The leaders under the umbrella of “Southern Leaders Of Thought” led by Prof. Ben Nwabuze, at a press conference in Lagos said it has produced a roadmap that…
Author: Orientalnews Staff
Hyacinth Chinweuba. The Nigerian Customs, Compliance Team established recently, set to fortify the war against smugglers has raked in a total amount of N1,100,000,000 (One billion, one hundred million naira). National Coordinator of the Compliance Team Zone A, B and C, Comptroller Azarema Ahmed, after visiting the zones on the task ahead, advice that, they should not be found culpable of corruption in compromising their duties, they are expected to discharge their service effectively. The zones, which comprises of Zone A (Western Region) covers six(6) States, Zone B (Northern Region) effectively covers 19 States while Zone C (Eastern Region)…
Yemisi Izuora The Director General of Federal Institute of Industrial Research, Oshodi (FIIRO), Prof (Mrs) Gloria Elemo has said that for innovation to be effective, it has to be simple and it has to be focused. Prof. Elemo who was represented by the Deputy Director, Tecno Enterprises of the FIIRO, Mr. Ogundeji Rasaq Kayode, delivering a key note address at the #WorldstageEconomicSummit2017, themed “‘Transforming Business and Economy Through Innovation’ said innovation must be channeled towards solving one problem, so as not to confuse people. She stated that innovation that creates new users and new markets should be directed toward a specific, clear and carefully designed application. “Effective innovations start small.…
Yemisi Izuora. In order to fulfill Nigeria’s potential of stimulating economic prosperity, a reformulation of the nation’s business paradigm both theoretically and experimentally must be achieved says Dr. Ayodele Ibrahim Shittu. Dr. Shittu, an expert in Entrepreneurship and Business Innovation Economics, who lectures in the Department of Economics, University of Lagos, whilst delivering the lead paper Titled, “TRANSFORMING BUSINESS AND ECONOMY THROUGH INNOVATION” during the #Worlstageeconomicsummit2017, explained that commitment, consistency, and sincerity of purpose on the part of the business and political leaders and followers is required to transform the Nigeria’s business environment for greatness and prosperity. According to him, Nigeria’s business environment is…
Yemisi Izuora. The President/CEO of Worldstage Group, Mr. Segun Adeleye, convener of the #Worldstageeconomicusummit2017 has advised all Nigerians and business owners within the country to imbibe innovation for economic development. According to him, diversification into non-oil sectors may not be enough to sustain the nation’s economic development without adapting new ways of doing things. In his words, “Nigeria is projected to be the third most populous country behind India and China by 2050, any diversification now without innovation by businesses and government may be tantamount to running on the same spot.” Presenting his introductory address at the summit, Mr. Adeleye explained that the theme ‘”Transforming Business…
Yemisi Izuora Chevron Corp Chief Executive John Watson is likely to step down by the end of next month and may be replaced by Vice Chairman Mike Wirth, a source familiar with the matter told Reuters. The unexpected shake-up at one of the world’s largest oil and natural gas producers comes as pressure grows on the industry to further cut costs and control spending. In Wirth, Chevron would pivot to a leader with experience in refining, where costs are regularly scrutinized down to the fraction of a penny. The move would copy rival Exxon Mobil Corp, which earlier this year…
Yemisi Izuora World Bank may not be considering funding development of Nigeria’s huge coal deposits for power generation, according to information from reliable financial sources. According to the information the sector did not qualify for funding from the World Bank and many multilateral financial institutions despite the abundance of the mineral resources in Nigeria. It will be recalled that the Federal Government had in the past announced plans to generate about 30 per cent of Nigeria’s electricity from coal, but described the initiative as “unclean power.” In April this year, the Minister of Mines and Steel Development, Dr. Kayode Fayemi,…
Yemisi Izuora The Department of Petroleum Resources, DPR, has offered to collaborate with Lagos state government to develop a roadmap for development of oil and gas in the state. TThis partnership assurance was given by Mr. Wole Akinyosoye, DPR Zonal Operations Controller, Lagos during a courtesy visit to DPR by the Lagos State Commissioner for Energy and mineral Resources, Mr. Olawale Oluwo. Akinyosoye, who represented the Director of Petroleum Resources, stated that DPR as a responsible corporate citizen was ready to work with the State government to realize its aspirations for the oil and gas industry. He promised to ensure DPR’s total…
The Lagos Elders’ Council chaired by Alhaji Musiliu Anibaba has assured the entire indigenes of Lagos State that it will play its paternal role where it concerns their protection, and preservation of their interests. In a statement issued in Lagos and jointly signed by its Organizing Secretary, Chief Sunbo Onitiri, and Publicity Secretary, Barrister Olumide Braithwaite at the end of a crucial meeting held yesterday, the council also promised to work with all other organizations of indigenes to move the state forward. The elders unanimously agreed that the council should hold a symposium sometime in October this year on topical issues affecting the indigenes of Lagos State. Details of the symposium…
The Power Sector Group of the Lagos Chamber of Commerce and Industry (LCCI), is set to hold an interactive forum with major stakeholders in the Power sector. The theme of the forum is “Investment Opportunities in the Power Sector.” The interactive forum, according to the Group’s Chairman, Engr. Effiom Edet, is scheduled to holdtomorrow Thursday, 24th August, 2017 at the Commerce House, in Lagos and would be used to highlight the investment opportunities in the Power Sector; and enhance Investment Relations between Nigeria and the United States in the Power Sector. The forum will also focus on Partnership Opportunities with inward Trade Missions, Manufacturers’ Representatives, Agencies and Franchises etc. Edet further disclosed that, “Mr. Brent E. Omdahl (Commercial Counselor) Head of U.S. Commercial Service Unit, would be…