By Alltimepost.com WASHINGTON – America’s global aspirations “are exceeding our available resources,” the chairman of the Joint Chiefs of Staff told Congress on Wednesday. At a hearing of the Senate Appropriations Committee’s defense subcommittee, Army Gen. Martin E. Dempsey said the world is in the most uncertain global security environment he has seen in his 40 years of service. The …
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By Alltimepost.com WASHINGTON – Slashed budgets and high worldwide demand for U.S. military forces have created an unbalanced defense program that is taking on increasingly greater risks, Defense Secretary Ash Carter told a Senate panel on Wednesday. The secretary who testified before the Senate Appropriations Committee’s defense subcommittee on the Defense Department’s fiscal year 2016 budget request was Joined by …
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The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi okonjo-Iweal, disclosed, Tuesday, that the task of managing the nation’s economy has given her, the Minister of State, Amb. Bashir Yuguda , the Permanent Secretary of the ministry, Mrs Anastasia Daniel-Nwaobia and about 70 per cent of the ministry’s staff High Blood Pressure. She made the disclosure, while …
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ABUJA— President-elect, Major-General Muhammadu Buhari (retd), has said that he is currently at a loss on how best to tell Nigerians that his promise of turning the economy around quickly upon assumption of office on May 29 may not be feasible after all. Buhari premised his fear on the perception that the economy has been battered by the outgoing government …
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ABUJA — The Minister of Finance and Co-ordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, yesterday, put to rest fears of immediate removal of fuel subsidy, as she confirmed that N145.2 billion provision was made for it in 2015 budget. Speaking to newsmen in Abuja, she said: “I want to clarify that there has been some misinformation that has gone …
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LAGOS — President Goodluck Jonathan has intervened in the open war between his aides and the National Working Committee, NWC, of the Peoples Democratic Party, PDP. The President’s intervention during a closed-door meeting with the NWC members followed strident calls for the resignation of the national chairman of the party, Alhaji Adamu Mu‘azu and other NWC members for purportedly leading …
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Governors of the All Progressives Congress are meeting with the President-elect, Muhammadu Buhari, in Abuja on Tuesday. The meeting, it was gathered, would be the first to be attended by the governors jointly since the conduct of the March 28 presidential election which Buhari won. One of the governors, who spoke on the condition of anonymity with our correspondent in …
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In this interview, Mr. John Patrick Egesi, President/Chairman, Nigerian Institute of Shipping and political analyst explains why Igbo’s would always vote in gratitude to those who have been fair to them. Egesi spoke against the backdrop of the statement by Oba Rilwan Akiolu that the Igbo in Lagos should vote the APC candidate ahead of the April 11 gubernatorial poll …
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Boko Haram fighters killed older boys and men in front of their families before taking women and children into the forest where many died of hunger and disease, freed captives told Reuters on Sunday after they were brought to a refugee camp in Yola, Adamawa State. The Nigerian army rescued hundreds of women and children last week from the Islamist …
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In this interview, Mr. Rasheed Olaoluwa, Managing Director/CEO Bank of Industry (BoI), justifies why governments and the citizens should patronize Nigerian manufacturers of high quality products instead of imported goods. You have toured the Momas Electricity Meters Manufacturing facility, what is your assessment of the state of the infrastructure and equipment on the ground? We just finished the factory tour …
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