Business

By Amos Odeh, Yenagoa The Bayelsa government has announced tax relief 50 percent for the informal sector and other tax reliefs to residents and business operators to cushion the effect of the COVID-19 pandemic on tax payers Dr Nimibofa Ayawei, executive chairman, Bayelsa Board of Internal Revenue in a statement …

By Amos Odeh, Yenagoa As part its quest to deepen local content and boost job creation, the Nigerian Content Development and Monitoring Board (NCDMB) on Friday signed equity investment agreements with two companies, Duport Midstream Company, for the establishment of an Energy Park in Egbokor, Edo State, and Eraskon Nigeria …

The Nigerian Agip Oil Company (NAOC) on Wednesday explained that it responded within 24 hours after a pipeline blast by vandals at its Taylor Creek oilfields in August 2019 and shut the facility to curtail further degradation of the environment. The explanation is coming on the heels of outcry that …

By Joel Anekwe The Ijaw Youth Council (IYC) has warned the Nigeria Liquefied Natural Gas (NLNG) Limited against moving or contracting out the fabrication components of the Front End Engineering Design (FEED) for its Train 7 project billed to take place on Bonny Island to Lagos or to non-indigenous companies. …

The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Monday said it has resumed oil exports from the Forcados Oil Export Terminal halted on April 4 over ‘unforeseen circumstances’ in its operations. Mr Michael Adande, an SPDC spokesman confirmed the development to our correspondent in an email on Monday. …

Covid 19: Bayelsa Entrepreneurs Groan Over Loses, As Govt Plans Market Shutdown By Amos Okioma, Yenagoa  Due to the outbreak of coronavirus disease, codenamed Covid 19, businesses in Bayelsa State like their contemporaries in other climes have started recounting loses owing to restrictions placed by the government as part of its …

By Joel Anekwe  Oginigba community, in the Port Harcourt City Council of Rivers State, at the weekend got a N44 million Primary Health Care Centre, courtesy of the International Breweries Plc. The health centre, which was started in 2019 is a state of the art health facility equipped with medical …

By Joel Anekwe, Port Harcourt The Manufacturers Association of Nigeria (MAN) has declared its opposition to the planned ban on electricity generating sets, noting that it would have negative impact on the nation’s economy.  The umbrella body of manufacturers in Nigeria came out with this position during its 303rd National …

By Amos Okioma, Yenagoa  Some 70 members of Petroleum and Natural Gas Senior Staff Association (PENGASSAN) on Monday bemoaned the nonpayment of their severance package 10 years after they were sacked by Mobil Producing Nigeria (MPN), subsidiary of US firm ExxonMobil. They said that they were disengaged in 2009 before …

By John Amaowoh Over five thousand young men and youths have kicked against the ban on the activities of cart pushers on the streets of Port Harcourt and its environs by the Rivers State Waste Management Agency (RIWAMA). The cart pushers, who are mostly Northerners youths, have called on the …