Nigeria’s House of Representatives on Wednesday passed a revised 10.8 trillion naira ($30 billion) budget based on oil prices at $28 per barrel. The budget is 300 billion naira above the budget submitted by President Muhammadu Buhari late last month, and increases the expected oil price by $3 per barrel. The government had planned to […]
…Nigeria not yet on the cards By Foster Obi Emirates Airline has said that more flights for passengers will be available from 15 June between Dubai and 16 cities. The countries are Bahrain, Manchester, Zurich, Vienna, Amsterdam, Copenhagen, Dublin, New York JFK, Seoul, Kuala Lumpur, Singapore, Jakarta, Taipei, Hong Kong, Perth and Brisbane. These will […]
By Foster Obi Food and Agriculture Organization (FAO), Director-General, Qu Dongyu today told a UN High-Level meeting that initial and ongoing assessments by the FAO provide strong indications that the COVID-19 pandemic and its impacts are driving up hunger in countries that were already experiencing high levels of food insecurity prior to the disease’s outbreak. […]
Global LNG market growth is set to decelerate sharply in 2020 on the back of supply cuts and pandemic-driven demand destruction, with most analysts slashing their forecast for the year and some predicting an outright year-on-year contraction in LNG trade. This is likely to be the sharpest growth deceleration the LNG market has seen in […]
By Foster Obi Governors Abdulrahman Abdulrazaq of Kwara State and Willie Obiano of Anambra State has been commended by the Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim (Pantami), for positioning their States to embrace the Digital Economy. The governors did this by crashing the Right of Way Charges from N5, 500 per […]
By Foster Obi Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami, has charged the Executive Vice Chairman (EVC)/CEO of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta and the entire Management of the Commission to redouble their efforts towards actualising the digital economy agenda of the Federal Government. This instruction by […]
President Muhammadu Buhari has finally sent the name of Monica Dongban-Mensem to the Senate for confirmation as the substantive President of the Court of Appeal. This was disclosed in a brief statement by Buhari’s spokesperson, Garba Shehu, Monday afternoon. “President Muhammadu Buhari, in-line with his constitutional responsibility has sent the nomination of Her Lordship, Justice […]
By Foster Obi Total fish production in the world is set to increase to 204 million tonnes in 2030, up 15 percent from 2018, with aquaculture’s share growing from its current 46 46 percent. This figure is according to the State of World Fisheries and Aquaculture (SOFIA) report released today by the Food and Agricultural […]
By Foster Obi The flag carrier airline of the United Kingdom, British Airways (BA) has rolled out measures to assuaged travelers that have been hurt one way or the other especially those whose flight bookings were cancelled as a result of the Coronavirus pandemic. Information on the company’s website gives the directives to customers as […]
…As Jamoh reads riot act to Pirates By Foster Obi Nigerian Government has handed over the fishing vessel Marine 707 suspected to be carrying out illegal activities in the Gulf of Guinea to the Ghanaian authorities for further investigation and possible prosecution. Nigeria also handed over 51 crew members including 48 Ghanaians and 3 South […]