Business

The Federation of Tourism Associations of Nigeria (FTAN) has emphasized the necessity of effective cooperation between the public and private sectors in tourism development and promotion, adding that the time is ripe for representatives of both public and private sectors to consider cooperation as a necessary step towards the quick …

By John Amaowoh, Port Harcourt Stakeholder’s in Nigeria’s export business have identified escalating insecurity, corruption and others as major challenges facing the non-oil sector of the nation`s economy. The stakeholders at a one day round table forum for Cassava and Palm Producers in Non Oil Sector in Rivers State, organized …

By Joel Anekwe The Nigeria Liquefied Natural Gas NLNG has declared its resolve to achieve its dream of up-scaling the prominence of Bonny, and helping to make it a major investment destination. The company made the declaration at the weekend during the signing of  a Memorandum of Understanding with Bonny …

The Akwa Ibom State ministry of Environment and Petroleum Resources has reiterated the need to evolve policy aimed at enhancing effective collaboration in controlling the production, distribution and sale of liquefied petroleum gas (LPG) Speaking to newsmen on the sidelines of the three day National Council on Hydrocarbon in Yenagoa, …

Stakeholders in the Niger Delta region have called for the amendment of the Nigerian Oil and Gas Industry Content Development Act to include a local benefit plan for host communities. The call was made during the annual public lecture of the Federated Correspondents Chapel of the Nigeria Union of Journalists, …

A Federal High Court sitting in Yenagoa on Wednesday adjourned to February 25, 2021 to await the ruling of the Court of Appeal on an interlocutory appeal by an Aiteo subsidiary in a suit with its host communities in Bayelsa State. Justice Abimbola Awogboro had on March 3, 2020 declined …

The Dodo River Communities Development Association in Ekeremor Local Government Area of Bayelsa State on Thursday said it spent a total of N77.87 million on community development in the 2019 fiscal year. Mr Francis Amamogiran, chairman of the association who spoke at the 8th Annual General Meeting of the group …

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has inaugurated its Bayelsa State chapter, with a charge to curb sharp practices, make quality products available to users, effective collaboration with authorities and sale of products according to approved pump price. The national president of PETROAN, Dr. Billy Harry, …

Unidentified persons on Monday attacked oil facilities operated by Shell Petroleum Development Company (SPDC) and Nigerian Agip Oil Company (NAOC) at Ikarama community, Yenagoa Local Government Area of Bayelsa. Mr Ben Warder, a youth leader in Ikarama near the incident site, said on Tuesday that residents heard several sounds from …

Bayelsa State Government has cautioned the Federal Government and other critical stakeholders in the oil and gas industry against repeating the mistakes that are depriving host communities of their benefits. The state deputy governor, Senator Lawrence Ewhrudjakpo, stated this on Monday while declaring open the technical session of the 5th …