S.J News• [Feb 10, 2013]

S.J News• [Feb 10, 2013]• http://sjnewss.blogspot.com/ Insurance: National Insurance Commission (NAICOM) to enforce ‘no premium no cover’ on Govt agencies & parastatals; Ministry of Finance to issue circular next week directing MDAs to conform. Calabar Port: FG approves capital & maintenance dredging of Calabar port -Habib Abdulahi (MD, Nigerian Ports Authority). Budget Of Hope: Gov Theodore Orji (Abia) signs 2013 Appropriation bill into law; ₦134.15bn proosed by Gov, ₦137.17bn passed by House. Cable Cars: Lagos cable cars to start operations in 2015 on 3 routes around Adeniyi Adele axis; $500m (about ₦ 81bn) invested for launch -Dapo Olumide (CEO of Ropeways Transport Ltd; fmr MD of Virgin Nigeria Airlines). Rivers: FG earmarks ₦1bn for establishment of Law Faculty in University of Port Harcourt, Rivers state; 50% of donation doled out already -President Jonathan. 50th Convocation: University of Lagos confirms Prof Rahamon Bello as Vice Chancellor of University of Lagos (UNILAG); effective from November 12, 2012. 3rd Party: CBN unveils Guidelines for Regulation of Agent Banking & Agent Banking Relationship in Nigeria for enhancement of delivery channel & offering of banking services in a cost effective manner.