Business

FG Urged to Correct Mistakes in Oil Industry

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 …

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Rivers $12m Cassava Initiative to Create 3000 Jobs

By Joel Anekwe Rivers State governor, Nyesom Wike, has expressed optimism that the state’s $12 million cassava processing initiative will create jobs and enhance the Gross Domestic Product (GDP) of the country. The governor urged the Central Bank of Nigeria (CBN) and the Federal Ministry of Agriculture to support the initiative …

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DPR Restates Commitment to Safety of Tank Farms

By Joel Anekwe  The Department of Petroleum Resource (DPR) has restated its commitment to ensure the safety of tank farms across Nigeria, adding that it would not allow its safety strategy to be compromised by operators of tank farms in the country. Mr Bassey Nkanga, zonal operations controller, Port Harcourt …

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Rivers Set to Privatise 13 Farms, 8 Rest Houses

By Joel Anekwe The Rivers State Government has invited reputable and experienced players in the hospitality and agricultural sectors for Expression of Interest to run 13 government-owned farms and 8 catering rest houses in the state, as part of strategies to boost agriculture and create job opportunities for the teeming …

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Commission Urges States to Implement Fiscal Responsibility Act

By Joel Anekwe  As Nigeria grapples with the challenge of corruption and financial indiscipline at all levels, the Fiscal Responsibility Commission, Wednesday, urged all state governments in the country to implement the Fiscal Responsibility Act, 2007.  Acting Chairman of the commission, Mr. Victor Muruako, made the call at a workshop organized …

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