Nigeria’s New Defense Minister Resigns


The top echelon of the Nigerian military yesterday refused to have a joint meeting with the new Minister of Defense Aliyu Gusau and his Deputy Musiliu Obanikoro.

This clear act of insubordination angered Aliyu Gusau, the respected ex-Army chief and thus triggered his resignation from the cabinet.

Comments

Post a Comment

Popular posts from this blog

UAC firm calls for new policy on retail sector, begins Galaxy Mall

In 2015, the retail sector of the real estate industry experienced a huge setback in its growth and development due to some abrupt modifications to certain regulatory policies, which stalled new development activities and stifled existing operations FRONTLINE real estate firm, UACN Property Development Company Plc (UPDC) has urged the Federal Government to review the existing policy framework and create a robust platform that will support and indeed accelerate the much desired “retail revolution” in Nigeria. The firm spoke last week in Kaduna, Kaduna State, the takeoff of yet another project aimed at boosting the retail sector of the real estate industry, named Galaxy Mall, a partnership project between the Kaduna state government and UPDC. With the landed property provided by the state, the developer is set to create a unique node of commerce, entertainment and leisure, which will add great value to the entire citizenry of Kaduna state. Galaxy Mall, which has a gross ...
Read more

US, China to invest in Nigeria’s proposed industrial parks

Investors from the United States and China have indicated interest in the proposed industrial parks to be created across the six geopolitical zones in the country. The Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah, said this at an ongoing two-day retreat at the Free Trade Zone, Onne, Rivers State. The retreat which was organised by the United Nations Industrial Developemnt Organisation, had the theme: ‘Addressing unemployment and poverty through the development of Small and Medium Scale Entreprises’. Enelamah said, “The Federal Government has concluded talks with some foreign investors from the United States and China, who have indicated interest to invest in the regional economic parks to be built across the six geopolitical zones. “These parks are designed to enhance industrialisation and therefore boost the nation’s non-oil export base.” He said the creation of the proposed industrial parks was in response to the huge infrastructural gap i...
Read more

The 15 Most Profitable Small-Business Industries

Being talented with numbers can really pay off if you’re looking to start a profitable business. Accounting and tax services takes the top spot on the list of the most profitable type of small business with a generous 18.4 percent net profit margin followed by real-estate services (15.2 percent), law firms (14.5 percent) and doctor’s offices (13 percent) reports Sageworks, a financial data service that analyzed the net profit margin of more than 16,000 small businesses (that earned less than $10 million) between September 2014 and August 2015. (The average net profit across all industries for this report's time period was 7.2 percent.) What makes these industries profitable? For one, they’re driven by human capital. “Service industries,” says Sageworks analyst Jenna Weaver, “are very common to find on the most profitable small-business list. This is generally due to lower overhead and startup costs. A lot of these industries you can start from your house.” Whil...
Read more