News

Navy Gets New Warships, Helicopters

The Nigerian Navy has taken delivery of two brand new warships, the Manta, 38 metre Offshore Patrol Craft (OPC), as well as two new helicopter gunships, the Augusta Helicopter all from Italy. The two naval vessels were received last weekend … read more

Key electoral reforms proposed

Nigeria on Wednesday proposed a raft of electoral changes aimed at enhancing the credibility of future polls in the continent’s largest democracy, Information Minister Dora Akunyili said. Akunyili said cabinet considered recommendations by an electoral reform panel and agreed that … read more

DEREGULATION: Labour declares protest rallies

THE Nigeria Labour Congress (NLC) on Tuesday took far-reaching decisions on issues affecting its members and the proposed deregulation of the downstream sector of the oil industry by the Federal Government. It, therefore, resolved to embark on immediate protest rallies … read more

Yar’Adua Signs $21.2 Billion Budget

President Umaru Yar’Adua today signed into law a 3.1 trillion naira ($21.2 billion) budget for 2009, 8 percent higher than his original spending plan in December.Parliament last month increased Yar’Adua’s 2.87 trillion naira budget proposal, saying the government needed to … read more

FG to sue foreign firms involved in bribery

A NEW offensive directed at multinational corporations and their home countries linked with various bribery scandals has been initiated by the Federal Government to curb corruption in Nigeria. The exercise, which is being handled by the office of the Attorney-General … read more