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Showing posts from May 28, 2017

TRUMP AND OTHER WORLD LEADERS MEET OSINBAJO AT G7 IN ITALY(PHOTOS)

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-The Acting President Yemi Osinbajo left Nigeria for Italy on Saturday, May 27 - Osinbajo met with United States of America's President Donald Trump - He also met other leaders like the Chancellor of Germany of Angela Merkel The Acting President Yemi Osinbajo left Nigeria for Italy on Saturday, May 27. NAIJ.com  gathered that Osinbajo attended the G7 Summit which held in Sicily, Italy. The acting president also met with leaders leaders other countries including Donald Trump of the United States of America, Angela Merkel of Germany among many other leaders. The Acting President Yemi Osinbajo left Nigeria for Italy on Saturday, May 27. The special assistant to the acting president on media Laolu Akande had earlier told journalists that  Osinbajo will leave Nigeria on the morning of Saturday, May 27 , and return later in the evening. Osinbajo with Trump and other leaders in Italy Akande said his principal was invited to represent Nigeria at the meeting where these leaders will discuss...

DANGOTE TO ACQUIRE AMCON MAJORITY STAKE IN PEUGEOT AUTOMOBILE NIGERIA

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This was disclosed by the AMCON chief executive officer, Ahmed Kuru, in an interview with Reuters. that all processes on the bids were completed about two months ago. He said all processes on the bids were completed about two months ago and all that is left is an approval from the Central Bank of Nigeria. Though he declined to mention the rest of the entities in the consortium, Kuru told Reuters that AMCON's stake is worth over N15 billion, according to its latest valuation. It is, however, reported that the business mogul and Africa's richest man is leading a consortium involving the Kaduna and Kebbi state governments and the Bank of Industry (BoI). Dangote made the bid to acquire the 79.3 percent AMCON stakes in PAN after the agency launched an auction in January 2016. PAN was a joint venture between the federal government and Peugeot Citroen which was founded iufacture of 90,000

NIGERIAN GOVERNMENT CLOSES DOWN 5 EXTREMELY EXPENSIVE EMBASSIES

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The federal government has approved the closure of five foreign missions and embassies, minister of foreign affairs, Geoffrey Onyeama said. Onyeama told newsmen in Abuja on Thursday, May 25, 2017. The minister, who did not mention the embassies or missions, said the process for closure was underway and was also subject to the approval of the president. "We do not want to indicate the embassies that will be closed yet because we are in the process of submitting the proposals, the cost analysis and also the political analysis we did to the president. "When he sees that, he may or may not want to close some, so we have not yet reached the stage of closing some," he said. The minister also reiterated that the closing missions abroad were "extremely expensive". "The expense, costs of closing embassies is so high and prohibitive but in the long run it will more economical." The minister, on April 10, told NAN the closure of Nigerian missions abroad is inevi...