AMCON Divests 79.31% Shares From Peugeot Nigeria

By: ROTIMI ASHER (with reports from REUTERS) [dropcap]A[/dropcap]sset Management Corporation of Nigeria (AMCON) has concluded plans to sell off its 79.31 per cent majority shares in PAN Automobile Nigeria Limited through a bid process. To this end, it, on Tuesday called for bidders, who are willing to invest in the plant, which it jointly owns…

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Change Miscellaneous: APC Lawmaker Defends N4.7 billion Vehicles

…Says Four-Year-Old Cars Do not Befit Lawmakers   [dropcap]A[/dropcap] lawmaker representing Birnin Kudu/Buji Federal Constituency of Jigawa State in the House of Representatives, Engr Magaji Dau Aliyu, has described injecting a sum of N4.7 billion in the 2016 federal government budget for the purpose of procuring cars for legislators as constitutional right of members of parliament….

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Ekiti Fuel Marketers Dare Buhari, Sell Above N100/litre

[dropcap]M[/dropcap]ajority of fuel marketers across Ekiti State are yet to comply with federal government directive that petrol price be sold below N87 per litre starting from 1st day of January 2016. As at Monday afternoon, most filling stations in Ekiti were yet to adjust their machines to reflect the DPR set prices of N86.00 by…

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PDP Chieftain Lauds Automatic Fit Quick Service Centres

…Tells Motorists to Obey Traffic regulations By: MATILDA FRANCES [dropcap]T[/dropcap]he Chairman Ekiti State Peoples Democratic Party (PDP), Chief Kolawole Idowu Faleye, has given mark of excellence to standard of service offered by Automatic Fits and Energy Company, Nigeria’s leading automobile quick servicing centres located at Total Filling Stations across the country. The PDP Chieftain gave…

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