Day: May 21, 2019

Aero @ 60: Sanusi Celebrates AMCON, Aero Staff, Others

AlienMedia

By Editor Aviation czar, Captain Ado Sanusi, the Chief Executive Officer of Aero Contractors, in Lagos on Tuesday eulogised Aero workers and management for their resilience, doggedness and insistence that the airline will not sink. Sanusi also praised the federal government for authorising Assets Management of Corporation of Nigeria (AMCON) led by Mr. Ahmed Lawan Kuru to intervene in the airline, which commenced its turn around. Sanusi who spoke during the 60th anniversary of the airline at its headquarters at Lagos airport, said the new management took series of difficult…

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NBS Says Nigeria’s GDP Slowed 2.01Per Cent In Q1

AlienMedia

By Editor According to latest report by the National Bureau of Statistics (NBS), Nigeria’s Gross Domestic Product (GDP) growth rate has slowed down to 2.01 per cent in the first three months of the year. NBS said the slump was impacted by the decline in oil growth rate. Nigeria’s economy grew 2.38 per cent in the fourth quarter of 2018, indicating a 0.38 per cent higher rate than the first quarter of the current year. The pace of economic growth in Africa’s biggest economy in the first quarter of this…

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EFCC Blocks Okorocha From Emptying Imo State Vault Before Hand-over

AlienMedia

As the May 29 2019 date when Rochas Okorocha will hand over to the Imo State Governor-elect, Mr. Emeka Ihedioha draws nearer, the Economic and Financial Crimes Commission (EFCC) has come down heavy on Rochas Okorocha. They announced on Monday (May 20, 2019) that it has frozen the sum of N5bn funds – belonging to the Imo State Government. EFCC said that its action was due to Governor Rochas Okorocha excessive and suspicious manner of spending during the country’s last general elections. Usman Imam, EFCC Zonal Head (South-East) who fielded…

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