Bailout Funds: FG Deducts N32 billion From States

Bailout Funds: FG Deducts N32 billion From States

Nigeria (Blank NEWS Online) –  The Federal Government has deducted a total sum of N32 billion from allocations of states from the Federation Account in the month of April 2016 for different loans they incurred. The loans included the bailout funds granted…

DELTA GOVT. ISSUES 90-DAY ULTIMATUM TO LAND OWNERS OVER ELECTRONIC CERTIFICATE OF OCCUPANCY

DELTA GOVT. ISSUES 90-DAY ULTIMATUM TO LAND OWNERS OVER ELECTRONIC CERTIFICATE OF OCCUPANCY

Nigeria (Blank NEWS Online) –Albert OGRAKA–  The Delta state government has vowed to declare all Certificate of Occupancy (C of O) that are not electronically generated into its “FastTrack Delta” data base invalid within 90 days. The ultimatum was issued on Friday,…

Delta State Ready For Investment Devt Agency – Gov. Okowa Reveals °°°As Swiss Consular General Gives Nod On Bi-lateral Trade Relationship

Delta State Ready For Investment Devt Agency – Gov. Okowa Reveals °°°As Swiss Consular General Gives Nod On Bi-lateral Trade Relationship

Nigeria (Blank NEWS Online) –  Delta State Governor, Senator Dr. Ifeanyi Okowa has disclosed that the Delta State Investment Development Agency would soon be established to harness investment potentials in the state. The Governor who stated this when he received on courtesy…

Delta Launches Innovation Hub  ***As Okowa Calls For Diversification Of Economy

Delta Launches Innovation Hub ***As Okowa Calls For Diversification Of Economy

Nigeria (Blank NEWS Online) –  DELTA State Governor, Senator Dr. Ifeanyi Okowa has advocated a paradigm shift from dependence on revenue from oil to revenue generation from knowledge-based development. The governor dropped the hint Monday (25/07/16) in Asaba at the public presentation…

Delta Govt Keys Into FG's Social Safety-Net Programme  *As Ebie Worries Over Feeding 219,000 Pupils

Delta Govt Keys Into FG's Social Safety-Net Programme *As Ebie Worries Over Feeding 219,000 Pupils

Nigeria (Blank NEWS Online) –  The Delta state government says it has keyed into the National Social Safety-Net Programme (NAPPS) of the Federal Government designed to tackle poverty and unemployment in the country. The claim was made at the instance of the…

Why Delta Is Opting For Staggered Salary Payment – Okeme Explains

Why Delta Is Opting For Staggered Salary Payment – Okeme Explains

Nigeria (Blank NEWS Online) –BY KOLA EKE-OGIUGO  The Delta State Government confirmed yesterday its resort to the staggered mode of payment of public officers in the light of the persisting challenging economy. The state’s economy has been on the downward slide in…

2016 Budget: Saraki Harps On Enforcement ***As FG Assures 100 % Budget Implementation

2016 Budget: Saraki Harps On Enforcement ***As FG Assures 100 % Budget Implementation

Nigeria (Blank NEWS Online) –  Nigeria’s Senate President, Bukola Saraki has called for the full implementation of the the N6.06 ensuring budget for the good of the electorate and to ensure national growth. This is just as the Federal Government has assured…

Buhari’s Replay Of ’84 Dictatorial Economic Policies Bound To Fail –Ezekwesili Warns

Buhari’s Replay Of ’84 Dictatorial Economic Policies Bound To Fail –Ezekwesili Warns

Nigeria (Blank NEWS Online) –  Firebrand former Minister of Education, Oby Ezekwesili has lashed out at President Muhammadu Buhari for adopting a ‘Command and Control Economic System’ that failed the nation when he was Nigeria’s Military Head of State in 1984. Speaking…

Delta Launches FAST TRACK 90 Scheme ***As Okowa Boasts of Fraud Proof C of O Within 90 Days

Delta Launches FAST TRACK 90 Scheme ***As Okowa Boasts of Fraud Proof C of O Within 90 Days

Nigeria (Blank NEWS Online) –  Delta State Government has launched its FAST TRACK 90 scheme to fast track the issuance of Certificate-Of-Occupancy [C-of-O] to property owners. Governor Okowa at the event assured that the innovative policy would enhance the ease of doing…

Budget Fraud: Report Indicts State Governments  *Transparency 26% *Public Procurement 30%

Budget Fraud: Report Indicts State Governments  *Transparency 26% *Public Procurement 30%

Nigeria (Blank NEWS Online) –  Most state governments in Nigeria run an opaque budget system opening rooms for deep seated corruption and non delivery of good governance , a report of several weeks of study has revealed. The report by the Civil…

DELTA: IBEGBULEM HAILS GOV. OKOWA FOR PROMPT PAYMENT OF WORKERS' SALARY

DELTA: IBEGBULEM HAILS GOV. OKOWA FOR PROMPT PAYMENT OF WORKERS' SALARY

Nigeria (Blank NEWS Online) By Albert OGRAKA–  The Principal Secretary to Delta state governor, Senator Dr.Ifeanyi Okowa , Mr .Hilary Ibegbulem says prompt and regular payment of workers salary ,against all odds had established the governor as a prudent and disciplined leader…

Oil & Gas Summit: Okowa Seeks Strategic Alliance To Protect Facilities, Installations

Oil & Gas Summit: Okowa Seeks Strategic Alliance To Protect Facilities, Installations

Nigeria (Blank NEWS Online) –  DELTA State Governor, Senator Dr Ifeanyi Okowa has called for strategic alliance between host communities in oil producing areas, the international Oil companies (IOCs) and security agencies in securing oil and gas investments in the state. The…

AU Heads Of State, UN Officials, Others Brainstorm @ African Ministerial Confab In Dakar

AU Heads Of State, UN Officials, Others Brainstorm @ African Ministerial Confab In Dakar

Nigeria, November 03, 2015, (Blank NEWS Online) –  African heads of state, government ministers and top officials from the United Nations, African Union and private sector groups have gathered in Senegal to chart a plan for boosting the uptake of intellectual property…

DWINDLING OIL PRICE: Okowa Challenges NASS To Proffer Solution

DWINDLING OIL PRICE: Okowa Challenges NASS To Proffer Solution

Nigeria, October 11, 2015, (Blank NEWS Online) –  AS Nigeria grapples with the effects of dwindling oil price, the Governor of Delta State, Senator Dr Ifeanyi Okowa has challenged members of the National Assembly to proffer solution to the situation. Governor Okowa…

"Delta Govt Will Provide Enabling Environment For IInvestments"–Okowa Tells S/Africa Envoy

Nigeria, September 30, 2015, (Blank NEWS Online) –  Delta State Governor, Senator Dr. Ifeanyi Okowa has disclosed that his administration would provide the enabling environment for investments to thrive in the state so as to reinvigorate the economy. Speaking when the South…

Delta Govt. Gets N20.9 Bn Bailout Loan Approval *Assembly Ratifies Another N5 Bn For Airport Upgrade

Delta Govt. Gets N20.9 Bn Bailout Loan Approval *Assembly Ratifies Another N5 Bn For Airport Upgrade

Nigeria, September 10, 2015, (Blank NEWS Online) –  The Delta State House of Assembly has approved the request of the State Governor, Senator Ifeanyi Okowa to apply for the sum of N20.9 Billion bailout loan from the Federal Government through the Central…

"Create Jobs In Host Communities” –Gov. Okowa Charges Oil Coys *As Agip Renews Collab

"Create Jobs In Host Communities” –Gov. Okowa Charges Oil Coys *As Agip Renews Collab

Nigeria, September 07, 2015, (Blank NEWS Online) –  Delta State Governor, Senator Ifeanyi Okowa has urged multi national companies exploring oil in the state to employ people in their host communities to foster sustainable cooperation and conducive environment. Okowa’s statement is coming…

Okowa Reads Riot Act To 14-Man DESOPADEC Board *Vows To Sanction Erring Members *Insists On Prudent Fund Mgmt

Okowa Reads Riot Act To 14-Man DESOPADEC Board *Vows To Sanction Erring Members *Insists On Prudent Fund Mgmt

Nigeria, August 28, 2015, (Blank NEWS Online) –  Considering the critical nature of the new composition of Delta State Oil Producing Areas Development Commission [DESOPADEC] as well as the unsavoury postulations of some Deltans on the newly amended law establishing the Commission,…

Power: The Need To Stop Payment Of Bills After Disconnection

Power: The Need To Stop Payment Of Bills After Disconnection

Nigeria, August 22, 2015, (Blank NEWS Online) –  By Nwaorgu Faustinus The news about the directive or rather order by the senate on the 11th of this month to the Nigerian Electricity Regulatory Commission (NERC) to suspend the fixed charge of N702.00,…

FEATURE: Why Babatunde Fowler Will Change The Face Of Taxation In Nigeria

FEATURE: Why Babatunde Fowler Will Change The Face Of Taxation In Nigeria

Nigeria, August 22, 2015, (Blank NEWS Online) –  By Daramola Babalola The Nigerian tax system has faced several challenges in recent times. Under current Nigerian law, taxation is enforced by the 3 tiers of government, i.e. federal, state, and local governments, with…

"Establish Mini Refineries To End Pipeline Vandalism, Illegal Refining " -Gov. Okowa Advocates

"Establish Mini Refineries To End Pipeline Vandalism, Illegal Refining " -Gov. Okowa Advocates

Nigeria, August 21, 2015, (Blank NEWS Online) –  DELTA State Governor, Senator Dr Ifeanyi Okowa has advocated the establishment of mini refineries to decrease the level of pipeline vandalism in the country. According to Governor Okowa, establishing mini refineries in different areas…

Okowa Urges SPDC To Re-Establish Office In Delta State *Seeks Vigilance Against Pipeline Vandals

Okowa Urges SPDC To Re-Establish Office In Delta State *Seeks Vigilance Against Pipeline Vandals

Nigeria, July 22, 2015, (Blank NEWS Online) –  Governor of oil rich Delta state, Senator Dr Ifeanyi Okowa has urged the Shell Petroleum Development Company (SPDC) to re-establish their office in the state due to the numerous benefits derivable from such. He…

NIGERIA: FG, States Get N413.7bn Bailout  *FG, States, LGs Share $1.7bn from ECA *CBN Grants N300bn Special Intervention Fund *DMO Restructures N660bn Commercial Loans 

NIGERIA: FG, States Get N413.7bn Bailout  *FG, States, LGs Share $1.7bn from ECA *CBN Grants N300bn Special Intervention Fund *DMO Restructures N660bn Commercial Loans 

Nigeria, July 13, 2015, (Blank NEWS Online) –  President Muhammadu Buhari has approved a three-pronged, long term financial relief package to stave off the embarrassing economic situation the last administration, especially state governments, plunged the country into. To this end, the bailout…

Okowa Assures Deltans of 6,000 Jobs In 6 Months *Rolls out entrepreneurship schemes  

Okowa Assures Deltans of 6,000 Jobs In 6 Months *Rolls out entrepreneurship schemes  

June 29, (Blank NEWS Online) –  The Delta State Government has rolled out six entrepreneurship schemes with an assurance from the State Governor, Dr Ifeanyi Okowa, that 6,000 direct jobs would be created in the next six months as a result.  The…

FG Plans To Remove Oil Subsidy *To Pay Controversial N160Bn Subsidy Claims

FG Plans To Remove Oil Subsidy *To Pay Controversial N160Bn Subsidy Claims

Blank NEWS Online can disclose that President Muhammadu Buhari has plans to totally remove fuel subsidy and use the proceeds for the provision of free and compulsory primary and secondary education across the country. The federal government will set up committee to work…

Restiveness: Okowa Assures Oil Coys of Peaceful Environment *Plans partnership on job creation

Restiveness: Okowa Assures Oil Coys of Peaceful Environment *Plans partnership on job creation

DELTA State Governor, Senator (Dr) Ifeanyi Okowa has assured multinational Oil corporations in the state of peaceful and contusive working environment. He also assured that the state government will partner with the oil companies to generate employment for the people. Senator Okowa…

Delta Govt Poised For Standard Despite NCAA down grade of Asaba Airport -Ogeah Esq

Delta Govt Poised For Standard Despite NCAA down grade of Asaba Airport -Ogeah Esq

Delta state government has expressed determination to further upgrade the Asaba International Airport to meet standards, saying that the recent down grade in the status of the Airport by the Nigerian Civil Aviation Authority (NCAA), has not affected the operation of scheduled…

Financial Expert, Ludwig Discusses Regulatory Regimes, Int'l Banking At Capital Club

Financial Expert, Ludwig Discusses Regulatory Regimes, Int'l Banking At Capital Club

Dubai, United Arab Emirates – April 21, 2015 – Promontory CEO explains what tough regulatory expectations mean for the region and the world. Regulatory regimes are becoming tougher around the world, raising the question: who is responsible for the trend and how…

Int'l Community Culpable in Nigeria's Oil Theft, Says Uduaghan

Int'l Community Culpable in Nigeria's Oil Theft, Says Uduaghan

Governor of Nigeria’s oil rich Delta state, Dr. Emmanuel Uduaghan has said that the International Community cannot be exonerated from the criminality of crude oil theft in Nigeria. Speaking Tuesday,:March 24, 2015 at the commissioning of thirty gunboats procured by the Defence…

Islamic Development Bank President Inaugurates Advisory Panel of Top Global Experts

Islamic Development Bank President Inaugurates Advisory Panel of Top Global Experts

A body of 13 global experts to be known as the President’s Advisory Panel (PAP) of the Islamic Development Bank (IDB) has on Thursday, March 19, 2015 been formerly inaugurated. President of Islamic Development Bank (IDB), Dr Ahmed Mohamed Ali chaired the…