The establishment of the Federal Road Safety Corps (FRSC) on 18 February 1988 through Decree 45 of 1988 as amended by Decree 35 of 1992 otherwise referred to as CAP 141 Laws of the federation 1990 which was repealed and reenacted as the FRSC Establishment Act, 2007 under the civil democratic
Editorial
National wealth from Equatorial Guinea has been in the news lately, with the conviction in France (on 26 October 2017) of Teodorin Obiang, the Vice-President and eldest son of the incumbent President of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, for corruption, money laundering and abuse of trust involving more than €150 million (US$174 million) belonging […]
As the nation races toward 2019 general election, many strange things are happening daily in our political space; some heartening and others, undesirable. Particularly echoing on this wavelength is the demand for a robust political partisanship. A move that is aimed at terminating the dearth of leadership that has bedeviled our nation for too long […]
Recent news that the Chinese company handling the 700MW hydro electric power plant in Zungeru, Niger State has given notice that the December 2019 delivery date of the project to the federal government might not be feasible is a clear indication of the levity with which Asian companies, particularly those from China treat contracts awarded […]
The National Executive Council (NEC) of Trade Union Congress of Nigeria (TUC) met in Lagos recently on the state of the nation and came out with some recommendations on how to move the nation forward. In particular, the TUC National Executive Committee (NEC) called for the revival of Bank of Agriculture (BOA) and the National […]
Ordinarily, the ongoing probe of the circumstances that led to the sorry state of Ajaokuta Steel Company and others in the sector by the House of Representatives in Abuja should be welcomed and commended by all well-meaning and patriotic Nigerians. However, the on-going probe is neither the first nor the second and not even the […]
Recent warning by the Federal Roads Safety Corps (FRSC) that tanker and truck owners would now be prosecuted alongside their drivers involved in accidents, as a result of reckless driving is very timely. The number of lives wasted on daily basis by the recklessness of tanker and truck drivers is very alarming. There is no […]
One of the objectives of the Nigerian Investment Promotion Act was to open the Nigerian economy to local and foreign investments and thereby accelerate the pace of economic growth and development of the country. Investors were therefore free to invest in the economy without restraint. The deregulation of the economy and economic liberalisation that followed […]
When the first Nigerian Economic Summit (NES) was held in Abuja in February 1993, little did the organisers know that economic summit will one day snowball into an idea that is widely accepted across the country. Today, families, corporate bodies, states and the federal government have embraced the idea and they regularly organise their economic […]
After Nigeria’s qualification for the 2018 World Cup in Russia was sewn up, the most important issue was hearing about the Super Eagles preparation. What friendlies would they be involved in? Where will the pre – World Cup camp be located? Have they settled their World Cup bonuses (only Africans will understand this point)? However, […]
The Center for Black and African Arts and Civilization (CBAAC) recently rolled out the drums to rekindle the spirit of the Second World Black and African Festival of Arts and Culture (FESTAC ’77), 40 years after it was hosted in Lagos, Nigeria, during the military regime of Gen. Olusegun Obasanjo. The week long activities which […]
Recent newspaper reports that the cumulative unremitted revenue from domestic crude oil sales by the Nigerian National Petroleum Corporation (NNPC) stood at about N3.878 trillion as at December 31, 2015, is shocking, depressing and disheartening. It calls to question the assumed high level of probity, integrity and accountability of top public sector officials and shows
Recent news that Nigerian Deposit Money Banks (DMBs), lost as much as N2.19 billion to fraudsters through electronic channels, otherwise called e-payments, or e-banking in 2016 fiscal year, is an indication that all is still not well with the security of electronic payment system in the country. Of the amount lost to e-payment fraud, across […]
Kerosene adulteration in the country has left in its trail many casualties both in human and material. It creates cause for worry because it dates back to time. More worrisome is in the fact that the culprits seem intractable while the trend is difficult to arrest. Adulteration of the product comes at a huge cost […]
Against the backdrop of the high unemployment level in the country, the Federal Institute of Industrial Research (FIIRO), Oshodi, Lagos, stunned the nation recently when it claimed that it has developed a workable blueprint that could effectively curb the menace of unemployment by providing well over five million job opportunities annually in the country. The […]
The approval of the sum of $1bn from the Excess Crude Account (ECA) by the Nigerian Governors Forum has continued to stir up more controversy. According to Prince Nosa Eweka of the Benin Royal Family, ”the Nigerian Governors Forum,a body that is not known by law or the constitution to purportedly execute the constitutional duty […]
The debate on the viability of concessioning the infrastructures of Nigeria airports to private investors seem to be gaining attraction especially when the Minister of State for Aviation, Senator Hadi Sirika, brought it to the front burner. The dissenting voices, who are mainly Unions and workers of the Federal Airports Authority of Nigeria (FAAN) though […]
Once again, many states in the country are in financial straits and can hardly meet their financial obligations. They have approached the federal government for financial assistance but Vice President Yemi Osinbajo has made it clear to the states that the condition precedent for such federal government financial support will be the reports from independent […]
President Muhammadu Buhari departed Abuja House in London on 19 August for Nigeria after a 104-day medical vacation. On arrival, all nooks and crannies of the country were lighted up in euphoria. Pirouetting and funfair particularly at the Federal Capital Territory, Abuja and All Progressives Congress, APC-controlled states were massive. His arrival irrefutably changed the
The excruciating recession has come and gone, but the ill effects are still biting hard on the citizenry and businesses across the country. One of the businesses that felt the bad side of the recession were the deposit money banks. At the onset of the recession the economy contracted, many businesses and individuals were badly […]