… African Countries Seeking of Nigeria’s Local Content Template ~ Sylva By Amos Odeh, Yenagoa The Federal Government has expressed concern over the rising cost per barrel of crude oil produced in the country, describing it as an anomaly that erodes our net revenue from crude oil sales, and depletes …
Read More »Onne Customs Tightens Noose on Illegal Documentation, Increases Revenue
The Onne Command of the Nigeria Customs Service (NCS) has intensified efforts at ensuring that goods cleared at the port undergo proper documentation procedures. This is in tandem with the warning given by the Area Controller, Galadimma Saidu, to officers and men of the command as he assumed duty months …
Read More »Urhobo Economic, Investment Group Ends Summit, Seeks Enabling Environment
By Young Erhiurhoro, Warri The Urhobo Economic & Investment Group (UEIG), a business development platform, have ended its second business summit with a call on the Delta State government to create an enabling environment for investors and entrepreneurs to establish their businesses in the state. The event which was organized …
Read More »Aiteo Raises Concern over ‘Sustained Sabotage of Nembe Creek Trunk Line’
Indigenous oil and gas firm, Aiteo Eastern Exploration and Development Company of Nigeria Limited (Aiteo), has again raised concerns on the recent spate of sustained attacks on the key national oil infrastructure in its asset base, the Nembe Creek Trunk Line (NCTL). In a release by Ndiana Matthew, the company …
Read More »NLNG Set to Cut Energy-Associated Deaths, Takes Delivery of DLPG Vessel
By Joel Anekwe The Nigeria Liquefied Natural Gas Limited (NLNG) has said that with its delivery of Domestic Liquefied Petroleum Gas (DLPG) to Stockgap terminal in Port Harcourt, the number of deaths associated with dirty energy sources in Nigeria would significantly reduce. Making the revelation in Port Harcourt during the delivery …
Read More »Rivers AFAN Poised to Deliver Dividends to Farmers
The Rivers State chapter All Farmers’ Association of Nigeria (AFAN) has inaugurated a new executive, led by Chief Ofioma-bari Igwe, to pilot its activities. The executive takes over from the Prince Alphaeus Ibanichuka-led team which stepped down recently. AFAN’ national vice chairman (South South), Chief Michael Udo Akpan, described the …
Read More »FAAC: Federal, States, LGAs share N693.529bn for September
By Paul Williams, Abuja The Federal Account Allocation Committee (FAAC) has shared to the federal, states and local governments a total sum of N693.529 billion as federal allocation for the month of September, 2019. The accountant general of the federation, Mr. Ahmed Idris, revealed this in Abuja, while addressing newsmen …
Read More »Cable Operators Condemn ‘EFCC Invasion, Destruction of Equipment’
Following a weekend raid on the premises of three cable TV operators in Port Harcourt, the Rivers State capital, by operatives of the Economic and Financial Crimes Commission (EFCC), the Association of Cable Operators of Nigeria (ACON) has called on the anti-graft agency to release nine of their employees arrested …
Read More »NIMASA Sensitizes Stakeholders on Pollution, Remediation Techniques
Marine pollution in the Niger Delta and the South South and South East in general has continued to be an issue of growing concern to the maritime sector and the Nigerian Government. In a bid to combat this increasing pollution of the waterways and general marine environment in the South …
Read More »US Chamber of Commerce Appoints Peters to Advisory Board
The United States Chamber of Commerce has appointed the chairman and chief executive officer of Aiteo, Benedict Peters, to the advisory board of the US-Africa Business Center. According to a release made available by Aiteo’s head, media operations, Ndiana Matthew, Mr. Peters will join CEO’s from many Fortune 500 companies …
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