Business

Court Exonerates Ukodhiko, Nullifies Sealing of Assets 

By Amos Odeh The Federal High Court sitting in Port Harcourt, Wednesday set aside the Mareva order previously granted to seal the property and assets belonging to the member representing Isoko North/South Federal Constituency, Hon. Jonathan Ukodhiko.  The court had on May 19, 2023, through suit No: FHC/PH/CS/88/2023, ordered the …

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Lift Ban on Keke, BDI Urges Diri

By Amos Odhe, Yenagoa The Bayelsa Development Initiative (BDI) has condemned the state governor, Douye Diri, for his “continuous ban on night operations of commercial tricycles popularly known as Keke in Yenagoa, the state capital.” In a statement signed by its secretary, Michael Sam Rodamini, BDI said it was insensitive …

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Oil, Gas Free Zone Seeks Collaboration with Host Communities

In a bid to ensure a cordial relationship with its hosts, and a conducive environment for investors in the zone, the managing director and chief executive officer of the Oil and Gas Free Zones Authority (OGFZA), Sen. Tijjani Yahaya Kaura, has paid familiarization visits to host communities. At Ogu community …

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Car Manufacturing to Berth in Bayelsa in Six Months ~ Ugochukwu

By Amos Odhe, Yenagoa There is high hope that an automobile manufacturing plant will be established in Yenagoa, the Bayelsa State capital in six months to commence car production. Speaking to journalists in Yenagoa, chairman of the 3rd edition of the Emeritus Prof. Steven Odi-Owei Annual Public Lecture, Engr. Ugochukwu …

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PIA: Shell Unveils 8 Community Trusts in Rivers 

By Godwin Chukwumaechi, Port Harcourt The Shell Petroleum Development Company SPDC and its joint venture partners, NNPC/SPDC/TotalEnergies/NAOC last week unveiled eight Host Community Development Trusts (HCDTs) in Rivers State. The unveiling is coming on the heels of scathing criticism by a section of civil society groups in the Niger Delta on the …

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The CEO: Asaba KP, KO Baba, Others Mentor Young Entrepreneurs

It was a star-studded faculty at the Rivers State University (RSU) last Friday as “tried and tested” chief executives of various corporate entities took turns to groom young and aspiring entrepreneurs at a summit tagged ‘The CEO.’ Among the chief executives, drawn from various sectors of the economy, were business …

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