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Job: Nigeria, Britain partner to combat unemployment

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The Nigerian government has expressed its willingness to partner with the British Government in tackling unemployment and creating job opportunities for young persons in the country. The Minister of State for Labour and Employment, Dr Festus Keyamo, with the Political Counsellor, British High Commission, Mr Dominic Williams. PHOTO: NAN The Minister of State for  Labour  and Employment, Dr Festus Keyamo, stated this when the Political Counsellor, British High Commission, Mr Dominic Williams, paid him a courtesy visit in Abuja. “We are ready to collaborate with our partners all over the world to open up avenues for job creation. We are open to all kinds of suggestions and levels of co-operation,” he said. He disclosed that the Government has opened up other sectors as part of efforts to diversify the economy from oil, which would, in turn, create room for employment. According to him, part of the efforts of Government to diversify the economy and boost job creation...
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"67 Years Old Woman Hacks First Bank, Withdraws N16.2M" ( See Details )

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A 67-year-elderly person has been summoned before the Lagos State Magistrate Court at Igbosere, Lagos, for purportedly hacking into a First Bank Plc record and taking N16.2million. The lady,  Wuraola Folashade Oluloye , was summoned on a five-count charge of fraudulent diversion, was captured following a complaint from Solomon Akhanolu, Head of the Department of Forensic Auditors of First Bank. Oluloye  pleaded not guilty to the five counts and was allowed safeguard by  Folashade Olukoya , the presiding magistrate and the chief magistrate of Igbosere court. She is to raise N500, 000 in safeguard bond and give two sureties in like whole. Oluloye  would be remanded in  Kirikiri Prison  authority until she meets her safeguard conditions George Nwosu , the arraignment counsel, said Oluloye committed the supposed offenses between last year October 16 and December 31, at First Bank's Agidingbi Branch, Lagos. He said the 67-year-elderly person pu...
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Photos: Buhari receives Peugeot car executives in Nigeria, inspects latest brands of Peugeot

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Press statement from the presidency below...
President Muhammadu Buhari Thursday in Abuja reaffirmed his Administration's commitment to the Federal Government's privatisation and commercialisation policy. Speaking at an audience with Peugeot's Executive Vice President for Africa and the Middle-East, Mr. Jean-Christophe Quemard, President Buhari stressed, however, that greater consideration will now be given to the technical and managerial competence of prospective buyers of government-owned companies.
The President said that a higher premium will be placed on the technical competence and financial clout of bidders in future privatisation exercises to avoid the running aground of privatized companies by ill-equipped and incapable investors. President Buhari who spoke after being briefed on plans by Peugeot to stage a comeback to Nigeria after the collapse of the privatization of Peugeot Automobiles Nigeria Limited, noted that privatization could only succeed and yield desired benefits if buyers of government-owned companies possess essential skills and resources. Mr. Quemard assured President Buhari that Peugeot was ready to reinvest in vehicle assembly in Nigeria, provided that the right indigenous partners are found. The Peugeot Chief Executive for Africa and the Middle-East briefed the President on the company's three-phased plan to resume vehicle assembly in Nigeria with 4,000 cars next year, rising up to 10,000 cars by 2021. He said that the plan, which he urged the Federal Government to support with appropriate policies and actions, will entail higher local content in the assembly of Peugeot cars in Nigeria and the exportation of locally assembled Peugeot cars from Nigeria to neighbouring African countries. Peugeot Automobiles Nigeria Limited which was privatized some years ago has technically reverted to government ownership with up to 85 per cent of its shares now held by the Federal Government and the Assets Management Corporation of Nigeria (AMCON).
Garba Shehu SSA to the President (Media & Publicity) November 19, 2015

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New World Record: 96 years old Indian woman scores 98% in literacy exam

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Tension in UNIOSUN as VC, unionists trade allegations of fraud

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