FG Eyes 40,000 Jobs from $17bn NLNG Train 7 Project

By Adedapo Adesanya  The Governor of Lagos State, Mr Babajide Olusola Sanwo-Olu, has sacked the General Manager of the Lagos State Traffic Management Authority (LASTMA), Mr Bolaji Oreagba. It was disclosed that Mr Oreagba was removed from office because of the various incidences of misdemeanours among staff of the traffic control agency. According to the Permanent Secretary in the Ministry of Transportation, Mr Olawale Musa, the Governor has appointed Mr Olalekan Bakare-Oki as the acting general manager of LASTMA with immediate effect to bring sanity into the organisation. Mr Musa explained that the new chief of LASTMA was favoured for

By Modupe Gbadeyanka A veteran journalist, Mr Bayo Onanuga, has been appointed as the Special Adviser to President Bola Tinubu on Information and Strategy. A statement issued on Friday by the Special Adviser to the President on Media and Publicity, Mr Ajuri Ngelale, said Mr Tinubu also appointed Ms Delu Bulus Yakubu as his Senior Special Assistant on Humanitarian Affairs and Poverty Alleviation. In the statement, the President wished his new aides “well in the discharge of their duties,” noting that their appointments were “part of efforts to prioritize effective and efficient working synergy between the Presidency and Federal Ministries.

By Adedapo Adesanya President Bola Tinubu has approved the appointment of 20 Nigerians to serve as Federal Commissioners in the National Population Commission (NPC). According to a statement signed by Mr Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, nine current Federal Commissioners were appointed to a second term in office, while the 11 others are serving their first term. The list includes Mr Emmanuel Trump Eke — Abia, Mr Clifford Zirra — Adamawa — Reappointed, Mr Chidi Christopher Ezeoke — Anambra — Reappointed, Mr Isa Audu Buratai — Borno — Reappointed, Mr Alex Ukam —

By Adedapo Adesanya President Bola Tinubu has approved the appointment of three new Executive Commissioners to serve in the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). He also approved the redeployment of one current Executive Commissioner along with these three personnel who will take up their duties after their confirmation by the Nigerian Senate. The new executives are: Mr Bashir Indabawa — North West — Executive Commissioner, Exploration & Acreage Management Mr Kelechi Ofoegbu — South East — Executive Commissioner, Corporate Services & Administration (Redeployed) Mr Enorense Amadasu — south south — Executive Commissioner, Development & Production Mr Babajide Fasina —

By Adedapo Adesanya The Nigerian Content Development and Monitoring Board (NCDMB) has joined forces with Siemens Energy to train 60 primary school teachers in Bayelsa State. The training is targeted at introducing innovative teaching of Sciences, Technology, Engineering and Mathematics (STEM) education to the young generation. The programme, which takes place at the NCDMB headquarters, Swali, Yenagoa, Bayelsa State, comes under the umbrella of Experimento Initiative, is an international education programme offered by Siemens Stiftung and Empowering Africans Through Education Initiative (EATEI). The initiative is geared toward applying modern approaches to STEM education and providing educators with practical training and

By Adedapo Adesanya The South African auto industry has received a big boost with the investment of $1.05 billion by Ford Motor Company to upgrade its factory located in Silverton, near Pretoria. The fund would be used to increase the automaker’s annual capacity by almost 20 per cent to 200,000 units and create about 1,200 direct jobs. In a statement on Tuesday, the American auto giant described this investment as the “biggest” in its 97-year history in South Africa and “one of the largest ever in the local automotive industry.” According to the operations director of Ford’s International Market Group,

Exploring art opens the door to endless creativity and self-expression. Through a brushstroke, painting lets people express their feelings, stories, and visions beyond language. From beginners learning about color to seasoned painters exploring new mediums, paint choice impacts the story of an artist’s work. Ready-mix paint combines accessibility with artistic possibilities. Ready-mix paint, a water-soluble, pre-mixed wonder, gives artists instant access to a rainbow of colors. Liquid composition makes it easy to apply for artists of all levels. The colors offered are as varied as the imaginations that use them, allowing a vast pallet for artistic expression. Ready-mix paint turns

By Dipo Olowookere A new report has described tourism in Africa as a flourishing industry that supports more than 21 million jobs, or 1 in 14 jobs on the continent. It was also projected that during the next decade, tourism’s continued growth is expected to generate an additional 11.7 million jobs in Africa. Four out of 10 international tourists in Africa come from the continent itself, according to the new UNCTAD Economic Development in Africa Report 2017: Tourism for Transformative and Inclusive Growth. In sub-Saharan Africa, this number increases to two out of every three tourists whose travels originate on

By Dipo Olowookere Renewed bargain hunting triggered a 0.20 per cent rebound on the floor of the Nigerian Exchange (NGX) Limited on Friday as investors look forward to Monday’s swearing-in of Mr Bola Tinubu as the next President of Nigeria. Investor sentiment improved yesterday as the stock exchange finished with 42 price gainers and 11 price losers, indicating a positive market breadth index. NASCON topped the gainers’ chart after it appreciated by 10.00 per cent to N15.40, Conoil rose by 9.98 per cent to N47.95, NEM Insurance improved by 9.95 per cent to N4.75, NCR Nigeria increased by 9.68 per

By Dipo Olowookere The recent reported takeover of Etisalat Nigeria by a consortium of 13 banks in the country over an alleged $1.2 billion debt has no doubt made some people develop cold feet, especially thousands of employees at the telecommunications firm. But a senior management official of the company has allayed such fears, assuring that the development will not result into job loss. During a visit of Vanguard’s reporter to the Etisalat’s corporate head office at Banana Island and its annex office at the Oriental Hotel, Victoria Island, both in Lagos, normal activities were still going on as workers

By Adedapo Adesanya Transactions ended at the NASD Over the Counter (OTC) Securities Exchange on Thursday, September 26, 2019 with key market parameters remaining flat for the second consecutive day. Both the NASD Security Index (NSI) and market capitalization remained unchanged at 505.88 points and N505.88 billion respectively. However, the total volume of trades rose on Thursday after it dropped at the mid-week trading session. Today, this moved up by over 1,462 percent or 7,488,139 units to 8,000,200 units of shares against 512,061 units traded on Wednesday. But the total value of the transactions, which appreciated yesterday, went down today

By Aduragbemi Omiyale President Muhammadu Buhari has assured Nigerians that the current rising state of insecurity in the country would soon become a thing of the past. Mr Buhari gave this assurance in a statement issued on Saturday by one of his media aides, Mr Garba Shehu, while reacting to the killing and adoption of some persons in Zamfara and Kaduna States. Mr Shehu, who is the Senior Special Assistant to the President on Media and Publicity, said these new methods and policies being deployed by the security agencies are yielding good results in many of the troubled parts of