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Showing posts with the label 2017 at 03:24AM

LSHA scolds Procurement Board, approves new member

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http://ift.tt/eA8V8J By Ebun Sessou lagos—Speaker, Lagos State House of Assembly, Mr. Mudashiru Obasa yesterday expressed disappointment with the State Public Procurement Board, SPPB. He expressed this during plenary when confirming the nomination of Mrs Iyabo Ladipo as member of the board. He specifically lamented the negligence on the part of the board in calling for the amendment of the laws that set it up to catch up with the current trend. According to him, “While the House was considering the appointment of Mrs. Iyabo Ladipo as a member of the board, it is also pertinent for us as legislators to ensure that the same board lives up to its responsibilities by amending the laws that set it up. “The board members ought to have come to the House with a proposal for an amendment of the law that set them up. So, I am disappointed in them. The essence of procurement is to ensure that we get value for money.” And attract support from the World Bank and other agencies. “These are th...

Ondo govt submits N169bn budget estimate to Assembly

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http://ift.tt/eA8V8J By Dayo Johnson Akure—GOVERNOR Rotimi Akeredolu of Ondo state yesterday forwarded the N169,720,580,000,00 state’s 2017 budget estimate to the state House of Assembly for approval. The Assembly is expected to deliberate on the budget, which is the first of the Akeredolu-led  administration. In another development,  Governor Akeredolu has reiterated his administration’s commitment to make the environment better for  sustainable development. He harped on the need to protect the environment for the collective well-being of man kind. The governor, who spoke during this year’s World Environment Day celebration, decried open defecation by people, adding that such practice is tantamount to inviting cholera and diarrhoea. Akeredolu, who described the theme of this year’s event: Connecting people to nature, as apt, said it was unmistakable suggestion of the indispensable symbiotic relationship between human beings and their natural environment for qualit...

Court orders forfeiture of Osborne Towers cash to FG

Okorocha to relocate Imo police headquarters

Africa takes on Europe, Asia for WHO top job

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http://ift.tt/eA8V8J By Sola Ogundipe F ormer Nigerian Minister of State for Health, Dr. Muhammed Ali Pate and Wife of the Nigerian Senate President, Mrs. Toyin Saraki, have endorsed the African Union, AU, candidate, Dr. Tedros Adhanom Ghebreyesus of Ethiopia to become the next Director-General of the World Health Organisation, WHO. Pate, who is CEO, Big Win Philanthropy and Adjunct Professor, Duke University Global Health Institute, USA, and Toyin Saraki, the Founder-President, Wellbeing Foundation Africa, WBFA, are among 35 of the top global health leaders that include former Heads of State, health, foreign affairs and development ministers, prominent academics and civil society advocates that have also endorsed Tedros, who is Africa’s candidate for the WHO top job. Tedros is squaring up against Dr Sania Nishtar of Pakistan and Dr David nabarro of the United Kingdom for the position that will become vacant when the current DG, dr Margaret Chan steps down at the end of her tenure...

Channels Kids Cup: Ghana, Benin arrive

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http://ift.tt/eA8V8J …As hostilities begin Schools from The republic of Benin and Ghana arrived yesterday to add to the 14 Nigerian schools that will prosecute the 2017 Channels Kid Cup, taking place in Lagos at the Teslim Balogun Stadium, Surulere. The tournament which kicks off today will end on Children’s Day, May 27 at the mainbowl of the Teslim Balogun Stadium. This is the ninth edition of the competition and the first in its international series with the presence of schools from Ghana and Benin.   The post Channels Kids Cup: Ghana, Benin arrive appeared first on Vanguard News . Vía Vanguard News http://ift.tt/2rrYRqJ

Oando share price surges

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http://ift.tt/eA8V8J By Sebastine Obasi Lagos —Shareholders of Oando Plc have a lot to cheer as their company’s share rose by 131 percent, its highest level in 18 months. Analysts at Afrinvest Limited said that the upbeat performance in the equities market was mainly driven by solid first quarter, Q1, 2017 earnings, as well as the knock-on effect of improved foreign exchange liquidity. The upturn was said to be significantly impacted by gains recorded in medium and large capitalised stocks. Oando, which remained at the top of the gainers list for five straight days led 33 other gainers last Thursday, including Access Bank, FBN Holdings, Guaranty Trust Bank, Dangote Cement, Nigerian Breweries, Okomu Oil, Zenith Bank and Stanbic IBTC. Oando’s return to profitability and increase in share price is indicative of the successful implementation of its corporate initiatives focused on growth across its operations. “The first quarter earnings underscore our proactive decision to ...