Photo: President Muhammadu Buhari in his office. By Bassey Udo A part of the presidential palliative approved on Monday as intervention package to help bankrupt states pay outstanding workers’ salaries came from the $ 2.1 billion dividend paid to the Federation Account by the Nigeria Liquefied Natural Gas Company (NLNG). At the end of the […]
Tag Archives: Nigeria
By Michael Eboh One of the first major tasks the administration of Gen. Muhammadu Buhari will have to contend with will be how to finance the 2015 budget in the wake of low oil price and rising threats from declining revenue. This becomes very critical when viewed against the backdrop of the tough economic conditions […]
By George Agba and George Okojie There are indications that some agencies under the Nigerian National Petroleum Corporation (NNPC) may be scrapped as part of the reforms being initiated by President Muhammadu Buhari. The president hinted this yesterday when he listed the removal of bureaucratic bottlenecks created by multiple government agencies as one of the […]
By Tunde Opeseitan Lagos — Fourteen nationals of Russia, Ukraine, Japan and United Kingdom were on Wednesday arraigned before a Federal High Court in Lagos by the Economic and Financial Crimes Commission (EFCC) over their alleged involvement in massive oil theft on Nigerian territorial waters. The accused persons were alleged to have illegally dealt in […]
By Valentine Amanze Lagos — The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has stated that the safest ways of conveying petroleum products in Nigeria are through railways, which must be rehabilitated and modernised; and also by training and retraining of tanker drivers on safe driving. The union also promised to continue to […]
By Jaiyeola Andrews, Michael Olugbode And Zacheaus Somorin With Agency Reports Abuja/Maiduguri/Toronto — Just as Boko Haram continued its guerilla attacks in North-eastern Nigeria yesterday, President Muhammadu Buhari met with the service chiefs at the Defence House, Abuja, where the insurgency and security situation in the country was reviewed. Topmost on the agenda at the […]
Photo: (file photo). By Chimaobi Nwaiwu No fewer than 69 persons were burnt to death last night as a petrol-laden tanker, descending from Army Barracks side of Onitsha-Enugu Expressway, lost control, rammed into the Asaba Motor Park at Upper Iweka, Onitsha, and exploded. Eleven vehicles, mostly commuter buses and two motorcycles inside Asaba Park, and […]
opinion By Richard Dowden Muhammadu Buhari, the new president of Nigeria, is starting from point zero. The country has all but come to a sudden halt. Schools, hospitals and the civil service have closed down. Shops have run out of goods. The street markets are empty. Most will not see the inauguration of the new […]
By Chinedu Eze In furtherance of its Corporate Social Responsibility ideals, Caverton Offshore Support Group Plc -COSG, the leading provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria said it is partnering the Sickle Cell Foundation Nigeria (SCFN) to help persons with sickle cell disorder (SCD) lead […]
By Isiaka Wakili President Goodluck Jonathan on Wednesday signed six bills passed by the National Assembly. Presidential spokesman, Reuben Abati, who disclosed this to State House journalists, listed the bills as including the Nigerian Electricity Management Services Agency Bill 2015 and the Tobacco Control Bill 2015. Also signed by the president were the Equipment and […]
Photo: Nigerians are sitting in long lines to purchase fuel for their cars and generators at high prices as the energy crisis in the country worsens. By Bassey Udo Nigeria’s energy crisis deteriorated Monday, as the Nigerian Electricity Regulatory Commission (NERC), the government agency responsible for regulating operations in the electricity sector, reported that only […]
By Omololu Ogunmade and Onyebuchi Ezigbo Abuja — Worried about the endless queues at filling stations and the increasing difficulty in getting fuel across the country, the Senate Tursday expressed concerns over the protracted fuel scarcity rocking the country and consequently asked its committees on Petroleum Resources (Upstream and Downstream) to immediately launch an investigation […]
By Igoniko Oduma The Bayelsa State Government on behalf of farmers whose means of livelihoods were destroyed by the April 15 oil spill from Shell’s Kolo Creek manifold in Otuasega, Ogbia Local Government Area of Bayelsa State, have concluded plans to initiate a legal action to obtain justice. It was gathered that the move, an […]
By Chibuzor Emejor Abuja — Petroleum Equalisation Fund[PEF]has revealed that it saved more than $ 2billion through “Project Aquila”, which is a high-tech electronic loading and delivery system introduced by PEF to check leakages in the system as well as enthrone transparency and due process. The agency’s outgoing Executive Secretary, Mrs. Adefunke Kasali, disclosed this […]
opinion By Tarila Marclint Ebiede The recent presidential elections in Nigeria have bolstered hope for democracy, both in the country and across the African continent. The challenge now, as always, will be to realise the hopes and aspirations expressed by both voters and the victorious party. To do this, President-elect Muhammadu Buhari, will have to […]
