On Air
On Air Now:
Now Playing:Loading...
Call Us Live: 09026841059&08182229105
Watch Live VIEW PROGRAMME SCHEDULE
Stay connected:

Category: Business

Homepage > Business
site loader
May 20, 2024 Akwa Ibom State Ministry of Transport Lifts Ban On Freight and Heavy Goods Carriers
IFMUYONEWS

Akwa Ibom State Ministry of Transport Lifts Ban On Freight and Heavy Goods Carriers

the Commissioner, Akwa Ibom state Ministry of Transport, Rt. Hon ORMAN ESIN has lifted the ban on the activities of Freight and Heavy Goods Carriers of Nigeria in the state.

 

This was contained in a press release issued by the Ministry of Transport and made available to Inspiration FM.

 

The commissioner in the statement gave this directive following the meeting held with members of Freight, and other Transport Unions, Stakeholders in the Transport sector and the consultant on Road Tax, to regulate the activities of Freight and Heavy Goods Carriers of Nigeria in the State.

 

Recall that the operation of Freight and heavy goods-carriers of Nigeria had been put on hold due to misconceptions relating to their operations by the general public.

 

The Commissioner has set up a committee on the collection and distribution of single haulage between the state and some relevant stakeholders tocheckmate illegal activities.

May 6, 2024 IPMAN Partners NNPCL to End Lingering Fuel Scarcity
IFMUYONEWS

IPMAN Partners NNPCL to End Lingering Fuel Scarcity

Petroleum marketers have said the Nigerian National Petroleum Company Limited, NNPCL has opened its reserves across the federation to end the lingering fuel scarcity.

 

The National President of the Independent Petroleum Marketers Association of Nigeria, HAMMED FASHOLA and Petroleum Products Retail Outlets Owners Association of Nigeria, BILLY HILLY-HARRY, disclosed this in a separate statement after meeting with NNPCL.

 

FASHOLA said his members will meet today, Monday 6th May, 2024 to join NNPLC to end the fuel scarcity. He further urged Nigerians not to engage in panic buying of fuel as the product will be available nationwide.

 

On his part, HILLY-HARRY said the meeting between NNPLC and marketers had helped present a solution to the fuel scarcity.

April 29, 2024 Senate Calls for Concerted Efforts to Sustain Naira Stability
IFMUYONEWS

Senate Calls for Concerted Efforts to Sustain Naira Stability

the Nigerian Senate through its Committee on Finance has called for concerted efforts by all relevant stakeholders to rescue and sustain the stability of the naira.

 

The naira persisted in its decline against the US dollar within the official exchange framework, concluding at 1,309.88 naira on Thursday, April 25.

 

However, the naira, last week, recovered against the US dollar at the parallel market but began to depreciate again.

 

In a statement issued by the Chairman of the Committee, Senator SANI MUSA (APC, Niger East), said there was an urgent need for concerted efforts at tackling the instability and continuous depreciation of the naira.

April 26, 2024 Federal Government to Integrate More People Into the Banking System
IFMUYONEWS

Federal Government to Integrate More People Into the Banking System

the Federal Government has revealed its plan, to integrate over 20 per cent of unbanked Nigerians into the banking system.

 

Vice President KASHIM SHETTIMA revealed this at the beginning of a two-day National Stakeholders’ Workshop, on Economic and Financial Inclusion in Abuja focusing on how to integrate the unbanked Nigerian population into the formal financial system in Nigeria.

 

SHETTIMA, who noted that over 20 per cent of Nigerians are currently excluded financially, said the government was targeting to reduce that number to a minimum of five per cent.

 

At the event, the 14th Emir of Kano and former Governor of the Central Bank of Nigeria, SANUSI LAMIDO, said banditry and other security challenges in Nigeria can be attributed largely to financial exclusion, as many rural dwellers have no access to efficient payment systems

DOWNLOAD OUR APP

Google Play App Store

FOLLOW US

Watch Live

 

 

x