FG Partners Bwari Council Kubwa Railway Terminal Security

Image

kubwa-railway-terminal

Minister of Transportation, Mr Rotimi Amaechi, has said that the major concern of his Ministry is how to effectively protect the multi-million Naira Railway Terminal cited in Kubwa, Bwari Area Council hence partnering with the Area Council on security will facilitate efforts of the Ministry of Transportation in ensuring that a water-tight security measures are put in place at the Railway’s Terminal in Kubwa, Bwari Area Council, Federal Capital Territory, Abuja.

The Minister who was represented by the Permanent Secretary, Sabiu Zakari stated this when the Chairman of Bwari Area Council, Musa Dikko led a delegation of Executive Members of the Area Council on a courtesy visit to the Minister on Thursday November 11, 2016 in his office.

Mr Amaechi noted that the Ministry is presently working with the Nigerian Police to secure the Terminal. He said that a Commissioner of Police, Railway had been posted to the area and is currently working with the Divisional Police Officer (DPO) in charge of that location in Kubwa. “The Authority has put in place adequate security measures to forestall any security lapses; however, despite the security measures put in place at the Kubwa Station, the Ministry is ready to partner with Bwari Area Council and other Security Agencies to ensure the safety of passengers and properties,” he said.

On the issue of employment of Indigenes of Bwari Area in the operation of the Railway Terminal, the Minister informed the delegation that when a Federal Government Project is cited in a locality, the Indigenes will be considered when employing certain categories of employees.

Speaking earlier, the Chairman, Bwari Area Council, Mr Musa Dikko was full of appreciation to the Federal Government for the construction of Railway line from Abuja-Kaduna which Terminal is cited in their Area Council, noting that the project has tremendously improved commercial activities and enhanced economic development of the Area.

Mr Musa further used the occasion to inform the Minister of the economic potentials which abound in the Area Council. He disclosed that Bwari Area Council is notable for agriculture and tourism.

He therefore called on the Federal Government to explore the economic potentials of the Area Council in its drive for economic diversification policy of the present administration.

Share
Related Stories
Image
22-February-2024

FG to Resume Direct Cash Transfers to Poor Nigerians as Hunger Spreads

By Adedapo Adesanya Amid current realities, the federal government intends to restart direct cash transfers to the poorest and most vulnerable Nigerians, after a scandal led to the suspension of the programme last month. The Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun, revealed this during the Ministry’s retreat held in Uyo, Akwa-Ibom State. He said approximately three million people are recipients of the scheme but due to the escalating cost of living, the government anticipates that an additional 12 million households could qualify for these direct payments. The Finance Minister said, “The presidential panel on

Image
23-February-2024

NUPENG Seeks EFCC Support to Tackle Illegal Oil Bunkering

By Adedapo Adesanya Following its fight against foreign exchange speculators and hoarders, the National Union of Petroleum and Natural Gas Workers (NUPENG) has sought the collaboration of the Economic and Financial Crimes Commission (EFCC) in the fight against illegal oil bunkering in the country. The collaboration was sought when the National President of NUPENG, Mr Williams Akporeha, led members of his executive council to the corporate headquarters of the anti-graft agency on a courtesy visit. Mr Akporeha mentioned the challenges involved in the movement of petroleum products across the country and appealed to the EFCC to always come to the

Image
25-February-2024

SERAP Sues Wike, Governors Over Missing N40trn Allocations

By Adedapo Adesanya The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against Nigeria’s governors and the Minister of the Federal Capital Territory, Abuja, Mr Nyesom Wike, over their failure to account for the alleged missing N40 trillion federal allocations meant for local governments in the states and the FCT. The suit followed the damning revelations by former President Muhammadu Buhari who in December 2022 stated that “if the money from the federation account to the states is about N100 million, N50 million will be sent to the chairman but he will sign that he received N100 million.

More Stories
Image
11-November-2021

Crude Slides on Higher Inventories Build, US Inflation

By Adedapo Adesanya Crude oil fell on Wednesday after the Energy Information Administration (EIA) reported an inventory build of one million barrels for the week to November 5 in the United States. In the previous week, the agency reported a build of 3.3 million barrels, while analysts had expected a build of 1.9 million barrels for the period under consideration. At 435.1 million barrels, the EIA said crude oil inventories were 7 per cent below the five-year average for this time of year. This development weakened the price of the Brent crude futures by $2.14 or 2.5 per cent to

Image
29-March-2021

Akande-Sadipe Congratulates Tinubu at 69

By Ahmed Rahma A lawmaker from Oyo State at the National Assembly, Mrs Tolulope Akande-Sadipe, has congratulated former Governor of Lagos State, Mr Bola Ahmed Tinubu on his 69th birthday. Mrs Akande-Sadipe, who represents Oluyole Federal Constituency at the lower chamber of the parliament, eulogised the sterling qualities of the national leader of the ruling All Progressive Congress (APC) in a statement issued by her media aide, Mr Lekan Olusada. She described the Jagaban of Borgu Kingdom as well as the strongman of politics in the southwestern part of Nigeria “as a wonderful [and] enigmatic political leader.” “Happy birthday to

Image
22-November-2023

Police Tear Gas Journalists, Protesting Judicial Workers in Osun

By Bliss Okperan Operatives of the Nigeria Police Force (NPF) have fired tear gas at journalists and some protesting members of the Judiciary Staff Union of Nigeria (JUSUN) in Osun State. The judicial workers were at the entrance of the Osun State High Court in Osogbo when the security operatives fired teargas to disperse them. According to reports, some members of the media present at the high court were entangled in the crossfire as the police insisted on clearing the way to allow the Chief Judge of the state access to her office on Wednesday. It was gathered that newsmen

Image
14-May-2022

Oil Prices Rise 3% Despite OPEC, IEA Demand Worries

By Adedapo Adesanya Oil prices rose on Friday, with Brent crude jumping 3.42 per cent or $3.67 to sell at $111.10 per barrel and the West Texas Intermediate (WTI) increasing by $3.96 or 3.73 per cent to $110.10 per barrel. The positive movement ignored fears about a fall in demand this year as revealed by the Organisation of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA). Falling demand joined the bearish factors gripping oil markets, with several reports (most notably from the IEA and OPEC) slashing 2022 demand forecasts as soaring inflation and supply chain disruptions take

Image
15-August-2020

Demand Forecasts, Rise in Supply Depress Oil Prices

By Adedapo Adesanya The oil market was bearish on Friday as prices headed south on the back of information that demand would recover more slowly than expected from COVID-19 pandemic lockdowns. As a result, the international benchmark, Brent crude futures, dropped 13 cents or 0.29 per cent to $44.83 per barrel, while the US benchmark, West Texas Intermediate (WTI) crude futures, fell 15 cents or 0.36 per cent to $42.09 per barrel. This week, two prominent forecasters, the International Energy Agency (IEA) and the Organization of the Petroleum Exporting Countries (OPEC), trimmed their 2020 oil demand forecasts. OPEC sees demand tumbling by

Image
29-April-2021

Subscription for Dangote Cement N100bn Bond Closes

By Dipo Olowookere The bookbuild for the N100 billion worth of Dangote Cement bonds is closing today, Thursday, April 29, 2021. The notes are being offered in three tranches and are under the N300 billion debt programme of the leading cement company in Africa. Business Post gathered that the sales opened on Friday, April 23, 2021, and investors have been given the option of buying the 3-year, 5-year and 7-year notes. But the cement giant said it may increase the value of the papers to N300 billion from N100 billion, depending on the interest of investors. In the price guidance

Image
17-November-2017

Nigerian Stocks Extend Rally as Investors Trade 1.8b Shares

By Modupe Gbadeyanka Investors’ confidence in the nation’s capital market is gradually returning and this was reflected in the activities on the floor of the Nigerian Stock Exchange (NSE) today. The stock market appreciated by 0.19 percent on Friday to extend the gains to the second trading session. The volume of equities transacted by investors broadly increased today with 1.8 billion shares worth N6.3 billion exchanged hands at the close of business on Friday. This is in contrast to a total of 217.8 million shares traded by investors on Thursday for N11.7 billion in 3,088 deals. The positive momentum was

Image
30-May-2021

NDLEA Intensifies Crack Down on Online Drug Traffickers

By Adedapo Adesanya The National Drug Law Enforcement Agency (NDLEA) has continued its crackdown on drug peddling as it arrested 10 suspected online drug traffickers with 107 kilogrammes of cocaine in Abuja. A statement released by NDLEA spokesman, Mr Femi Babafemi, on Sunday said the arrest followed fresh raids in the nation’s capital, adding that a young lady and her lover, as well as eight others, were apprehended, and assorted drugs recovered from them. The first suspect is a 28-year-old Miss Ese Patrick said to be selling her illicit substances through an Instagram account; Ese’sOvenSecret. She was tracked and arrested

Ad
Ad
Recent Stories
Image
26-February-2024

Global Finance Names Ecobank Best FX Bank in Nigeria

By Dipo Olowookere Ecobank Nigeria Limited has been named as the Best FX Bank under the Country & Territory Awards category for Nigeria in the 2024 Global Finance’s annual SME Bank Awards. The parent company of the lender, Ecobank Group, on its part, clinched the Best Bank for SMEs in Africa 2024 award, reflecting its unwavering commitment to meeting the specialised needs of SMEs across its diverse markets. At the award ceremony held on Tuesday, February 20, 2024, at the Glaziers Hall in London, the United Kingdom, Global Finance explained that the Nigerian subsidiary of the leading pan-African Banking Group

Image
26-February-2024

GTCO, FBN Holdings, Transcorp Close as Busiest Stocks on NGX

By Dipo Olowookere The trio of Guaranty Trust Holding Company (GTCO) Plc, FBN Holdings Plc, and Transcorp Plc ended as the busiest stocks on the Nigerian Exchange (NGX) Limited last week. They accounted for 343.584 million shares worth N9.431 billion in 5,659 deals, contributing 24.96 per cent and 29.86 per cent to the total trading volume and value, respectively Data obtained by Business Post showed that the market recorded a turnover of 1.377 billion shares worth N31.584 billion in 42,040 deals versus the 1.559 billion shares valued at N36.497 billion traded in 42,546 deals in the preceding week. Financial equities

Image
26-February-2024

Excitement as Tinubu Commissions Geometric Power Plant

By Aduragbemi Omiyale The city of Aba in Abia State is beaming with excitement as President Bola Tinubu is expected to commission the Geometric power plant today, Monday, February 26, 2024. The facility is the first integrated power plant in Nigeria. It is situated in the Osisioma Industrial area of Aba. It is expected to provide 24-hour electricity to the city and about nine of the 17 local government areas of the state. The 181-megawatt Geometric power plant cost about $800 million and was done by a former Minister of Power, Mr Barth Nnaji. Electricity from the plant will be

Image
25-February-2024

Customs to Adopt Stable FX Rate for Cargo Clearance

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has reviewed the formula for fixing foreign exchange (FX) rates for customs duties for cargo clearance after uproar over the constant changes in the rate. The apex bank asked the Nigeria Customs Service (NCS) and other related parties to adopt the closing FX rate on the date of opening Form M for the importation of goods, as the forex rate to be used for Import Duty Assessment,. This was disclosed by Mr Hassan Mahmud, the Director, Trade and Exchange Department of the CBN in a memo on Friday in Abuja. According

Image
25-February-2024

Climate Change: Agric Experts Advocate Smart Farming Practices

By Bon Peters Agriculture experts have advocated “smart farming practices” to combat climate change, improve productivity and enhance food security in the country. They noted that if climate change challenges were not nipped in the bud, more than 52 per cent of the country’s agricultural production would be threatened by 2050. The experts under the aegis of the Society of Action in Nigeria (SCAN), in collaboration with the University of Port Harcourt, disclosed this during a workshop organized for women and youth leaders on Thursday in Port Harcourt the Rivers state capital. A Senior Lecturer in the Department of Agricultural

Image
25-February-2024

VFD Group’s Adeniyi Adenubi Mentors Next Generation of Entrepreneurs

An executive director of VFD Group, Mr Adeniyi Adenubi, has mentored some students of the the Nigerian University of Technology and Management Scholars Programme (NSP). The mentoring session was to enlighten the next generation of entrepreneurs about the complexities of building a business, highlighting the impact of partnerships, entrepreneurial spirit, and service in the world of business, with the core message being Dream and believe in your dream. The Nigerian financial and investment expert spoke about his personal journey, which is intertwined with the dynamic principles of VFD Group, which include Entrepreneurial Ethos, Ambition, Agility, Partnerships, Innovation, Courage, and Commitment.

Image
25-February-2024

Why Trade Between India and Russia is Experiencing Upward Trend—Kotwani

By Kestér Kenn Klomegâh As President of the Indian Business Alliance (IBA) and the founder of the Imperial Tailoring Co., Sammy Kotwani, offers comprehensive insights on the evolving dynamics of Indian investment prospects in the Russian Federation. He also discusses, in this interview, aspects of business challenges and roadblocks in the context of geopolitical changes and competition as well as the current economic cooperation between India and Russia. Here are the interview excerpts: How would you characterize the geopolitical changes on investment prospects for Indians in Russian Federation? Geopolitical changes have significantly influenced investment prospects for Indians in the Russian

Image
25-February-2024

ECOWAS Lifts Sanctions on Niger, Mali, Guinea

By Adedapo Adesanya The Economic Community of West African States (ECOWAS) has resolved to lift some sanctions on Niger Republic, Mali, and Guinea. The resolution was taken at the extraordinary summit on the peace, political, and security situation in the ECOWAS sub-region in Abuja on Saturday. While the regional bloc said the political and a few targeted sanctions on the Niger Republic remain, it lifted some financial and economic sanctions on Guinea and others on Mali. Following the military coup in Niger Republic on July 26, 2023, which toppled President Mohamed Bazoum, ECOWAS imposed several sanctions on the country. Now,

Image
25-February-2024

SERAP Sues Wike, Governors Over Missing N40trn Allocations

By Adedapo Adesanya The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against Nigeria’s governors and the Minister of the Federal Capital Territory, Abuja, Mr Nyesom Wike, over their failure to account for the alleged missing N40 trillion federal allocations meant for local governments in the states and the FCT. The suit followed the damning revelations by former President Muhammadu Buhari who in December 2022 stated that “if the money from the federation account to the states is about N100 million, N50 million will be sent to the chairman but he will sign that he received N100 million.

Image
24-February-2024

Consumer Goods, Banking Stocks Lift Equity Market by 0.84%

By Dipo Olowookere The Nigerian Exchange (NGX) Limited rebounded by 0.84 per cent on Friday, lifted by bargain-hunting in the consumer goods and banking sectors. The consumer goods index went up by 4.05 per cent during the session, as the banking space increased by 0.67 per cent, while the insurance counter depreciated by 0.09 per cent, as the energy and industrial goods sectors closed flat. At the close of transactions, the All-Share Index (ASI) grew by 849.20 points to 102,088.30 points from 101,239.10 points, and the market capitalisation expanded by N464 billion to N55.861 trillion from N55.397 trillion. Business Post