BUSINESS

Oyo Govt facilitates Air Peace flights to Ibadan Airport

Daily Dispatch July 21, 2021

As part of its determination to uplift the standard of Ibadan Airport, the government of Oyo State has facilitated the commencement of flights from Ibadan by Air Peace Airlines. Sources close to the airport confirmed on Wednesday that the airline decided to enlist the Ibadan route following

BUSINESS

FG removes 7 percent surcharge on imported aircraft, spare parts

Daily Dispatch July 21, 2021

The Airline Operators of Nigeria (AON) has commended the Federal Government for its swift response in removing 7 per cent surcharge on imported aircraft and spares and the Nigeria Customs Service (NCS) for the support it has given to the operators. The Vice Chairman of AON who is also the Chairman and CEO of Air […]

BUSINESS

Navy intercepts 162 bags of suspected smuggled rice in Lagos offshore

Daily Dispatch July 18, 2021

The Nigerian Navy Ship (NNS) BEECROFT on routine patrol recently intercepted a wooden boat with 162 bags of foreign parboiled rice off the shore of Lagos. This is contained in a statement signed by the Commander, Nigerian Navy Ship (NNS) BEECROFT, Commodore Bashir Mohammed on Sunday in Lagos. Mohammed said the patrol team intercepted the boat at […]

BUSINESS

Osinbajo canvasses Inclusive trade to boost ECOWAS economy

Daily Dispatch July 18, 2021

Vice President Yemi Osinbajo says the opportunities presented by the African Continental Free Trade Area (AfCFTA) agreement necessitate more inclusive trade initiatives and expanded intra-regional trade. Osinbajo’s spokesman, Laolu Akande, in a statement on Sunday in Abuja, said the vice president spoke at the inaugural gala night of the Economic Community of West African

BUSINESS

Reps reject motion to designate Bauchi as oil producing state

Daily Dispatch July 15, 2021

The House of Representatives rejected a motion that sought to declare Bauchi as an oil producing state in the country. The motion, sponsored by Yakubu Abdullahi (APC-Bauchi), was rejected by the lawmakers at plenary on Thursday. Appearing as item 22 on the Order Paper for the day, the motion acknowledged that oil and gas remain […]

BUSINESS

Ogun to generate 14,000 jobs from cotton production

Daily Dispatch July 15, 2021

The Ogun State government has commenced the cultivation of cotton on 4,500 hectares of land and entered into a partnership with the Central Bank of Nigeria (CBN) and Prime Anchor. The government plans to generate 14,000 direct and indirect jobs from the venture. This was disclosed in a statement by the chief press secretary to […]