The Nigerian Navy has denied the latest allegations that some of its personnel collected huge sums of bribes from illegal bunkerers to operate freely in Bille coastal communities in Rivers. An online media had recently released a damming report and video that accused the navy and other security agencies of colluding with illegal oil refiners […]
Month: October 2018
National programme for infrastructure companies to kick off year-end
The national programme for Infrastructure Companies (InfraCos) to increase broadband penetration in the country has been planned to kick off later this year. Current broadband penetration in Nigeria is 22 per cent, up from four per cent in 2012. To achieve increased broadband penetration, the Nigerian Communications Commission (NCC) has developed a Licensing Framework and […]
Kidnapped sailors freed from Swiss vessel
The 12 crew members, kidnapped from a Swiss merchant vessel in Nigerian waters in mid September, are now free, Swiss justice authorities have said. The move came after the ship’s operator Massoel Shippingexternal link was able to negotiate with the pirates who had boarded the ship, the Canton Bexternal linkasel City public prosecutor’s office said […]
Nigeria to ‘boost gas production by 2020’
The federal government will deliver about 3.4 billion standard cubic feet of gas per day to bridge the medium-term supply gap by 2020. The minister of state for petroleum resources, Ibe Kachikwu, gave the assurance on Saturday at the 2018 Graduation of Petroleum Training Institute (PTI), Effurun, Delta. The minister, who was represented at the […]
Nigerian govt to commercialise three national parks — Conservator-General
The conservator-general of Nigeria National Park Service (NNPS), Ibrahim Goni, has said the federal government is set to commercialise three National Parks to key into the Economy Recovery and Growth Plan (ERGP) to diversify the economy. Mr Goni made this known in an interview with the News Agency of Nigeria (NAN) on Saturday in Abuja. […]
U.S. trains 187 Nigerian students on robotics
The United States Consulate General Lagos, in collaboration with RoboRAVE International, a U.S.-based robotics education academy, trained 187 Nigerian students on robotics. Robotics deals with the design, construction, operation and use of robots, as well as computer systems for their control, sensory feedback and information processing. These technologies are used to develop machines that can […]
Nigeria’s Innoson to construct armoured vehicles for Police
The Nigeria Police Force has expressed readiness to partner with Innoson Vehicle Manufacturing Co. Ltd. for the production of Armoured Personnel Carriers (APC) to assist in crime fighting. The Inspector-General of Police, Mr Ibrahim Idris, expressed the readiness on Friday at the inauguration of IVM Granite vehicle, 2019 edition manufactured by the indigenous company in […]
Nigeria loses $25bn to foreign ship owners
The Executive Secretary of Nigerian Shippers Council (NSC), Mr Hassan Bello, said on Friday that Nigeria lost 25 billion dollars to foreign ship owners between 2015 and 2017. Bello disclosed this when the Nigerian Fleet Implementation Committee paid a courtesy visit to the Minister of Budget and Planning in Abuja Sen. Udoma Udoma. Bello said […]
Nigeria aiming to resolve MTN dispute and soothe investor fears – minister
Nigeria is confident of resolving a $10.1 billion dispute with telecoms firm MTN and sending a positive signal to foreign investors worried about the country’s demand for the money, its trade and investment minister told Reuters. Nigeria’s central bank on Aug. 29 ordered the South African firm and its lenders to bring $8.1 billion back […]
Smugglers destroying Nigerian economy- FOU Zone C Boss
Controller of Federal Operations Unit (FOU) Zone ‘C’ of the Nigerian Customs Service (NCS), Owerri, Comptroller Kayode Olusemire, says smuggling has negative effects on the nation’s economy. Olusemire made this observation in Owerri on Friday while showing journalists some impounded items, which he said, had duty paid value of N65 million. He said the NCS […]