The World Bank has said it is prepared to provide support to any foreign investor interested in Nigeria's power sector. Onno Ruhl, World Bank country director for Nigeria said the Bretton Woods institution realises that the power sector is critical to the future of the economy. "We will do what we can to give comfort to investors who have the…
Recent statistics have shown that a child under five years of age dies every 30 minutes in Nigeria from malaria-related diseases. This translates to about 300,000 deaths annually, an official of Society for Family Health, Magdalene Okolo said yesterday in Benin City. Mrs Okolo, who spoke at a Malaria Day event, further revealed that 63 percent of all hospital attendance…
Contrary to speculations that the appointment of David Tsevende as the acting chairman of the Benue State Universal Basic Education Board (SUBEB) was to settle political scores, the acting chairman has said his appointment was to bring back the lost glory of the board. Speaking yesterday with NEXT in his office, Mr Tsevende who was only seven days old in…
In order to address the epileptic power supply in some communities of Ondo State, the Niger Delta Development Commission (NDDC) has awarded the contract for the construction of a N6 billion sub-power station of the Power Holding Company of Nigeria (PHCN) at Okitipupa area of the state. The commission also awarded the contract for the construction of modern bore-holes at…
Type: Lounge and Bar/Restaurant Capacity: 100 Open: All day and all night Pub One Bar and Lounge is a mid-scale bar/restaurant situated in the Lekki Phase 1 estate, housed within the premises of the popular Fun Factory which is also home to Fun Turf, a five-aside artificial turf football field, as well as the event management arm of the Fun…
Akinwalere Ayomikun Daniel is the founder and chief responsibility officer of Struds Models Int’l, a modelling agency and event consultancy firm poised at giving faces to upcoming models and bringing them to stardom. An Ordinary National Diploma holder in civil engineering, Akinwalere speaks about running a business on his own. What motivated you to go into business for yourself? After…
Amstel Malta, a brand of the Nigerian Breweries Plc, has launched a new campus show called ‘Amstel Malta Showtime’. A statement from the marketing director of Nigerian Breweries Plc, Jacco van der Linden, disclosed that the show was established to showcase the best of the Nigerian youth. “We are focusing on university students who think they have what it takes…
Chika Onuegbu, chairman of the Trade Union Congress (TUC) in Rivers State, says the N200 billion textile fund released by the federal government to revive textile industries will not solve the sector's problems. Mr Onuegbu told the News Agency of Nigeria (NAN) on Wednesday in Port Harcourt that there were many problems confronting the industry that had not been resolved.…
The Nigerian oil sector must be one of the sectors that tolerates blatant disregard for transparency in the land. Being a mono-product economy and depending so much on foreign expertise, technology and dictates opens the sector to peculiar challenges than should be the case. A reading of the 2005 Nigerian Extractive Industries Transparency Initiative's (NEITI) audit report reveals three interesting…
Vice president Namadi Sambo has expressed optimism that the country will soon be self-sufficient in the provision of electricity to every Nigerian. Speaking yesterday at the Gurara Dam project in Kaduna State, where he inspected facilities, Mr Sambo said, with the successful completion of the dam with three turbines, each capable of generating 10 megawatts of electricity, or a total…
The European Union (EU) has congratulated President Goodluck Jonathan, governors-elect and legislators-elect on their victories in the just concluded 2011 general elections. The EU, in a statement delivered by its High Representative for Foreign Affairs, Catherine Ashton, on the conduct and outcome of the general elections held in April, said it was ready to work closely with the new government…
The Gambian High Commissioner to Nigeria, Angela Colley, said the youth play a major role in nation building. The envoy made this known in Ilorin while presenting a paper entitled "Youths and Nation Building", during the second International Student Day held at the University of Ilorin, Kwara State. According to her, "for the youth of today to be effective and…
The Ondo State Commissioner for Information, Ranti Akerele, has raised an alarm over plans to assassinate him. The commissioner at a news conference in Akure yesterday, alleged that a senator from the state was the brain behind the assassination plot. Mr Akerele's allegation is coming a week after he was allegedly slapped by a Peoples Democratic Party (PDP) leader at…
Ali Baba, Bovi for Joker at Terra Organizers of the monthly standup comedy talent search show cum live comedy performance by acclaimed comedians, ‘Joker at Terra', have revealed the lineup for the May edition, which will hold on Saturday, May 7 at Terra Kulture in Lagos. According to Darlington Abuda, the managing director of Peekaboo Global Consulting, the event's PR…
The number of unemployed people in South Africa increased in the first quarter of this year, mainly due to seasonal changes, official data showed on Tuesday. Statistics South Africa said the official jobless rate went up to 25.0 percent of the labour force in the first quarter of 2011 from 24.0 percent in the fourth quarter. This pushed the number…