Items filtered by date: Friday, 25 October 2019
Friday, 25 October 2019 16:11

IfΛk The Movie: Synopsis

In a society where men's creativity is hindered by official low-gifts and the limits of a woman's aspiration is as defined by the men and her ideology,  Imaobong dares to be different. To change the narrative, she must be the change she wants to see.
 
Produced by Amazing Aniebiet Francis, directed by @esosaegbon69 this blockbuster movie has an array of phenomenal cast like @eveesin s, @basseyesanetok @moses.eskor @fortunedaniels Aniebiet Francis, Emmanuel Owuala, Allyson Mfon, Sir  James, Rose Diamond and others. 
 
Premiére date to be released alongside the official trailer of this movie.
 
#AmazingAniebietFrancis
#ifλkthemovie
Published in Travel & Tourism

South Africa’s state-run airports management company said on Thursday it had suspended Zimbabwe’s debt-strapped national airline from using the country’s airports over unpaid landing and parking fees.

Air Zimbabwe owes foreign and domestic creditors more than $300 million. The Zimabwe government put the airline under administration last year and later invited bids from potential investors as it seeks to privatise it.

The airline’s sole aircraft in operation was grounded by Airports Company South Africa (ACSA), which said Air Zimbabwe had failed to pay landing and parking fees, passenger service charges and an undisclosed amount towards clearing its arrears.

“Air Zimbabwe has not adhered to the cash basis terms for using airports owned by Airports Company South Africa,” ACSA said in a statement.

It added that “the prohibition will remain in place until outstanding amounts are settled.”

An Air Zimbabwe spokeswoman said she could not comment. But an official with the airline, who declined to be named, said the Air Zimbabwe Boeing 767-200 jet had been grounded at Oliver Tambo International Airport since Wednesday.

Air Zimbabwe is among dozens of state-owned firms in the country, which shares a border with South Africa, that are set to be partially or fully privatised as the government seeks to cut its fiscal deficit.

 

- Reuters

Published in Travel & Tourism
Nigeria’s President, Muhammadu Buhari has expressed delight with the World Bank’s 2020 Doing Business Index (DBI) which ranked Nigeria 131 out of 190 countries, up 15 places from 146th position last year.
 
The report, which was released Thursday, also named Nigeria one of the top 10 most improved economies in the world for the second time in three years. Nigeria is one of only two African countries to make this highly prestigious list. With this year’s leap, Nigeria has improved an aggregate of 39 places in the World Bank Doing Business index since 2016.
 
The Doing Business Index is an annual ranking that objectively assesses prevailing business climate conditions across 190 countries based on 10 ease of doing business indicators. The index captures ease of doing business reforms that have been validated by the private sector, and offers comparative insights based on private sector validation in the two largest commercial cities in countries with a population higher than 100 million. The report consequently features Lagos and Kano for Nigeria.
 
Welcoming the announcement, Buhari noted that “the movement of 15 places to 131 as well as the recognition being given to Nigeria as one of the top 10 most improved countries, that have implemented the most reforms this year, is significant because we were not even able to achieve some of the key reforms we had pursued, but what we have done so far is being recognized. This validation confirms that our strategy is working and we will continue to push even harder to deliver more impactful reforms.”
 
With the impending ratification of the Companies and Allied Matters Bill and the introduction of the Business Facilitation (Omnibus) Bill, 2019 in view, along with other pending and ongoing regulatory, judicial and sub-national reforms, the President declared that “the announcement by the World Bank indicates that our mandate to move into the top 70 doing business destinations by 2023 remains achievable.”
 
Briefing Buhari on the rankings, the Minister of Industry, Trade and Investment and Vice Chair of the Presidential Enabling Business Environment Council (PEBEC), Otunba Niyi Adebayo had stated: “The steady improvement in Nigeria’s ease of doing business score and rank is a testament to the reforms implemented by this Administration over the past four years in line with the reform agenda being implemented at national and sub-national levels across the country since the establishment of the Presidential Enabling Business Environment Council (PEBEC) by President Muhammadu Buhari in July, 2016.
 
“The PEBEC works towards the fulfillment of the projections of the Economic Recovery and Growth Plan (ERGP 2017-2020), which is striving to deliver sustainable economic growth in Nigeria by restoring growth, investing in our people, and building a competitive economy as we work towards delivering Mr President’s mandate of bringing 100 million people out of poverty. The 2020 Doing Business report from the World Bank has reaffirmed the commitment of the newly constituted PEBEC to making Nigeria a progressively easier place to do business and removing the bureaucratic constraints to doing business in the country as we forge ahead in this Next Level.”
 
The Presidential Enabling Business Environment Council, chaired by the Vice President, with 13 ministers as members, among others, has through the Enabling Business Environment Secretariat collaborated with ministries, departments and agencies (MDAs), the National Assembly, the Judiciary, State governments and the private sector to carry out over 140 reforms so far in a bid to remove bureaucratic constraints to doing business in Nigeria and make the country a progressively easier place to start and grow a business.
 
On the new ranking, Dr Jumoke Oduwole, Special Adviser to the President, Ease of Doing Business/Secretary PEBEC, said: “The private sector remains the fulcrum of the ease of doing business interventions. We are committed to more engagements among reform-implementing organs of government and the private sector players, and we are happy to see that these have resulted in a more favourable validation of the reforms by the private sector. This result will serve as encouragement to sustain the deepening of these reforms and make it even more tangible for businesses and the citizenry. The PEBEC is focused on delivering even more substantive reforms for the improvement of the general business climate.”
 
She noted that over the past four years, Nigeria’s score has steadily improved in the World Bank Doing Business Report, after years of decline in both score and ranking in the years preceding 2016.
 
She also recalled that in 2017, Nigeria moved up by an unprecedented 24 places on the Doing Business rankings, and was for the first time ever, recognized as one of the top 10 reformers in the area of doing business that year.
 
Published in Business
Nigerian President Muhammadu Buhari and Russian President, Vladimir Putin, on Wednesday in Sochi, Russia, agreed to put Nigeria-Russia relations on a fast track, and pursue the completion of all abandoned projects initiated by both countries, according to the News Agency of Nigeria.
 
In a statement by Senior Special Assistant on Media and Publicity to President Buhari, Garba Shehu, said the two leaders agreed to start new infrastructure projects and expand trade and investment, security and military cooperation.
 
He said, “The cooperation, in a way will see to the rehabilitation of epileptic oil refineries through establishment of framework for a joint venture between Nigerian National Petroleum Corporation and Russia-based leading oil company, Lukoil.
 
“The issue of uncompleted and abandoned Ajaokuta Steel Rolling Mill was presented by President Buhari.
 
“His request for the return of Russia, on a government-to-government relationship for completion and commissioning of the plant, was accepted by President Putin.”
 
Published in World
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