Oil workers under the aegis of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has stated that Nigeria has lost over $235 billion as a result of its inability to pass the Petroleum Industry Bill (PIB) into law since the reform in the Nigeria’s oil and gas industry was kick-started 17 years ago. […]
The intervention of the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Danbatta, has secured a permit fee waiver of N221 million for MTN Nigeria in Kano State. A similar intervention by the NCC boss in Ogun State last year, resulted in unsealing of 47 base stations under lock and key, while […]
Telecoms operators have urged the Nigerian Communications Commission (NCC) to save the industry from imminent collapse. They warned that the factors crippling their operations could also derail the National Broadband PLan (NBP) of the Federal Government, if not checked. The telcos, which described themselves as ‘Tier II’ operators, have notable broadband companies, such as Smile […]
The Federal Airports Authority of Nigeria (FAAN) says it has commenced the process of ending touting and other vices at airports across the country. The Acting General Manager, Corporate Affairs, at FAAN, Mrs Henrietta Yakubu, explained that it is part of efforts to implement the executive order signed by Acting President, Yemi Osinbajo. Prof. Osinbajo […]
The Bonny Graduates Forum has expressed concern over the uncertainty that now surrounds about 18,000 jobs in the Niger Delta region. The group, in a statement issued in Bonny, signed by its Spokesperson, Cyril Hart, said it had closely examined the issues surrounding the amendment of the NLNG Act and has come to the understanding […]
The Standards Organisation of Nigeria has arrested a suspected dealer of expired household items stocked in two buildings in Kirikiri, Lagos. The arrest was carried out on Saturday through the collaborative effort of operatives of the agency and the Nigeria Police Force. The arrest followed the discovery of a twin three-storey building by SON, belonging […]
About 200 insurance Chief Executive Officers from Nigeria and 650 other participants from around the world converged in Kampala, Uganda, at the 44th session African Insurance Organization (AIO). The session was opened by the Vice-President of Uganda, Mr. Edward Ssekandi, who represented the President, Yoweri Kaguta Museveni. The 200 Nigerian insurance industry delegates were drawn […]
Senate President, Dr. Abubakar Bukola Saraki, has called for concerted and united effort by all Nigerians to build a strong economy as a means of sustaining the nation’s democracy. Saraki in a statement by his Special Adviser on Media and Publicity, Yusuph Olaniyonu, in Abuja, to commemorate the 2017 Democracy Day celebration, said the real […]
The Organisation of Petroleum Exporting Countries (OPEC) on Friday, announced the appointment of Mr Olusegun Adekunle as the Alternate Chairman of the Economic Commission Board. OPEC made the announcement in a statement released in Abuja on Friday by Mr Idang Alibi, Director Press Ministry of Petroleum Resources. Alibi said: “In a welcome development, OPEC announced […]
The World Bank says it has earmarked 200 million dollars or N7.2 billion for Fadama III Additional Financing of projects in Nigeria. The World Bank Consultant on the project, Dr Idris Badiru, made the disclosure on Thursday in Calabar at the opening of the Fadama III Additional Financing Mid-Term Review Mission to Cross River. “Cross […]