AMCON takes over assets of R.C. Omeaku & Sons Ltd., Safequip Nig. Ltd over combined debt of over N800m

Following the order of Honourable Justice O.O Oguntoyinbo of the Federal High Court Lagos Division, the Asset Management Corporation of Nigeria (AMCON) has taken over an asset belonging to Safequip Nigeria Limited over an indebtedness of over N470million.   It would be recalled that Justice Agutoyinbo gave the order on March 23, 2020, at the peak of the dreaded Coronavirus (COVID-19) pandemic granting AMCON absolute and exclusive possession of the property situate at No. 20 Babatunde Jose Street, in Victoria Island area of Lagos State.   In a related development…

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Airport concession: Unions accuse Sirika of desperation to foist hidden agenda on Nigerians

… Set for nationwide public protests The aviation workers union have stated that the minister of aviation, Senator Hadi Sirika’s response to their position on the proposed concession of the country’s four airports has further exposed the faulty grounds of the airports concession programme and the desperation to foist a hidden agenda on Nigeria and Nigerians. The unions in a rejoinder to Senator Sirika’s response on their position that the proposed concession of the country’s four airports is a crime against Nigerian people and must be resisted frontally stated that…

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Seven Wonders Project to drive tourism recovery in Nigeria

The release of the guidelines for the season 2 of the Naija7wonders has been touted by the organisers as the beginning of the march to recovery and greatness of tourism in Nigeria. Naija7wonders Project is the effort by some Nigerian Tourism Promoters to highlight and showcase the Huge tourism resources of Nigeria. Organised by Travellers Magazine, the First Travel Magazine in West Africa, this will be the second edition of the Seven Wonders of Nigeria Project. The first edition was endorsed by the federal government of Nigeria in 2010 and…

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