Category: Business

CBN To Partner Niger Govt ,Private Sector On Livestock ,Diary Production

Emporium Reporters

The Central Bank Governor ,Mr Godwin Emefiele has expressed his readiness to provide a wide range of agricultural opportunities for the country by assisting State Governments not only in the areas of Rice and Cassava production but most importantly in the development of livestock and diary business. The Apex Bank Governor Mr Godwin Emefiele gave the assurance in an interview shortly after a closed door meeting with the Governor of Niger State Abubakar Sani Bello in Abuja. The CBN Governor explained that, under the livestock and diary development programme, the…

Buhari Appoints Kolo Kyari As New NNPC GMD, As Baru Retires

Emporium Reporters

President Muhammadu Buhari has appointed Mr. Mele Kolo Kyari as the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC). A release on Thursday in Abuja by the NNPC Group General Manager, Group Public Affairs, Mr. Ndu Ughamadu, stated that President Buhari also appointed alongside Kyari, seven new Chief Operating Officers. Until his new appointment, Kyari, a geologist, was Group General Manager, Crude Oil Marketing Division of NNPC and also doubled, since 13th May, 2018, as Nigeria’s National Representative to the Organization of the Petroleum Exporting Countries, OPEC.…

BREAKING : Buhari Signs N8.91trn 2019 Budget Into Law

Emporium Reporters

President Muhammadu Buhari has signed the 2019 appropriation bill of N8.91 trillion into law. The national assembly had passed the budget into law after increasing the budget size from its initial N8.83 trillion. Buhari signed the budget on Monday, less than 48 hours to his inauguration for a second term as president. The budget is based on estimated crude oil production of 2.3 million barrels a day and the crude oil price of $60 per barrel. The budget deficit is put at N1.9 trillion. Yakubu Dogara, the speaker of the…

Minister of Finance Gets Certificate Of Compliance On IDEC Project …Says Portal’ll block over N2 trillion revenue leakages

Emporium Reporters

As part of her commitment to block leakages and improve the revenue base of the country, the Minister of Finance, Mrs Zainab Shamsuna Ahmed, has received the Full Business Case Certificate of Compliance for the Import Duty Exemption Certificate (IDEC) project from the Infrastructure Concession Regulatory Commission (ICRC). According to a statement by the Special Adviser to the Minister of Finance on Media and Communications, Mr Paul Ella Abechi, the certificate of compliance was presented to the minister by the Director-General/CEO of ICRC, Engr Chidi Izuwah (Snr) on Wednesday in…

Breaking: Labour suspends planned strike, FG to pay N30,000

Emporium Reporters

The organized labour has suspended planned strike After prolonged argument, Vanguard gathered that the Tripartite Committee set up by the Federal Government agreed on N30,000 new minimum wage. At the end of the first meeting of the tripartite committee set up to arrive at an agreeable minimum wage template, Chairperson of the committee and former Head of the Civil Service of the Federation, Ms Ama People had said while the federal government insisted on N24,000, organized labour maintained its earlier stance of N30, 000. She however said the government pleaded…

STRIKE : Saraki Appeals to FG, Labour

Emporium Reporters

Senate President, Dr. Abubakar Bukola Saraki, has appealed to both the Federal Government and the leadership of the Nigeria Labour Congress (NLC)and Trade Union Congress (TUC) to work together in order to avert the proposed workers’ strike in the interest of Nigeria.   Saraki, in a statement by his Special Adviser (Media and Publicity), Yusuph Olaniyonu, urged the two sides to demonstrate sensitivity and concern for the plight of ordinary Nigerians who were already battling with the harsh economic conditions in the country.   He expressed appreciation for the patience…

Minimum wage meeting resumes Sunday — Ngige

Emporium Reporters

Minister of Labour and Employment, Sen. Chris Ngige, said conciliation on the national minimum wage will continue on Sunday despite the court injunction restraining organised labour from embarking on strike. The News Agency of Nigeria (NAN) reports that the National Industrial Court had on Friday ordered the organised labour not to go ahead with the nationwide strike scheduled for Nov. 6 Justice Sanusi Kado gave the order in a ruling on an ex parte application moved on behalf of the Federal Government by the Solicitor-General of the Federation and Permanent…

Nigerian govt to commercialise three national parks — Conservator-General

Emporium Reporters

The conservator-general of Nigeria National Park Service (NNPS), Ibrahim Goni, has said the federal government is set to commercialise three National Parks to key into the Economy Recovery and Growth Plan (ERGP) to diversify the economy. Mr Goni made this known in an interview with the News Agency of Nigeria (NAN) on Saturday in Abuja. The conservator-general, who was recently awarded Fellow of Hospitality and Tourism Management Association of Nigeria (HATMAN) said that the thrust of ERGP was the diversification of the economy from oil and agriculture to tourism. “National…

Uni-Trident lauds Peterside’s commitment to safe waterways

Emporium Reporters

Uni-Trident Group, a leading indigenous Company in the marine support, logistics industry and also a major player in the steel recycling sector has commended the Managing Director and CEO of NIMASA, Dr Dakuku Peterside for his effort in revamping and ensuring safe waterways for vessels in Nigeria. Speaking with Journalist in Port Harcourt, the GMD of Uni-Trident Group, Prince Chukwuma Obiorah, said in the last two (2) years as NIMASA Boss, Peterside has worked tirelessly to ensure safer navigable waterways in Nigeria for vessels. He also lauded the agency’s achievement…

Bespoke Apology in Customer Service By Aliyu Ilias

Emporium Reporters

Eventually, there will be service break, something would go wrong, a customer would be upset by someone’s mistake and when it happens how prepared are you to own the mistake and apologies by using I am sorry phrase appropriately to anyone affected.   The gap between compensation and genuine apology are far apart, you may offer a fantastic compensation but if you cannot own the mistake, customers would be less satisfy, the cheapest way to turn around a bad customer experience is knowing how to apologise correctly and it is…