Business

By Godwin Chukwumaechi, Port Harcourt The Rivers State Government has announced a two-day Economic and Investments Summit as part of activities to mark the one year anniversary of the administration of Governor Siminalayi Fubara. First of its kind in the last 8 years, the summit will hold on May 22 …

By Amos Okioma, Yenagoa Multiple loud explosions were on Tuesday reported at the gas processing plant operated by Shell Petroleum Development Company of Nigeria (SPDC) at Gbarain, Yenagoa Local Government Area of Bayelsa, raising concerns of gas export disruptions. The gas plant feeds the Nigerian Liquified Natural Gas (NLNG) export …

By Amos Odhe, Yenagoa Managing Director of the Niger Delta Power Holding Company (NDPHC), Mr. Chiedu Ugbo on Tuesday gave the assurance that the Gbarain Power Plant will soon become operational. Addressing members of the House of Representatives Committee on Power who were on an oversight visit to the plant, …

By Mandy Tina Organized Labour in Rivers State has protested the new electricity tariff structure, demanding a return to the previous one. The demand was made during a protest at the Port Harcourt Electricity Distribution Company (PHEDC) and the National Electricity Regulatory Commission (NERC) offices in Rivers State. State Chairman …

By Amos Odhe, Yenagoa The Nigerian Content Development and Monitoring Board (NCDMB) has reassured oil and gas stakeholders that service companies and other manufacturers that have established capacities in the country will continue to enjoy patronage through the award of contracts from operating companies in the sector. Executive Secretary of …

By our Reporter A former member of the House of Representatives, Hon Israel Sunny-Goli has petitioned the Economic Financial Crimes Commission (EFCC) to probe multi-million-naira investments made by the Nigerian Content Development Monitoring Board (NCDMB). Sunny-Goli, who represented Nembe/Brass Federal Constituency in the 9th National Assembly said he is calling …

… Greater/TAF City moves to Ensure Completion of 400 Houses in 3 Months By our Reporter The management of the Greater Port Harcourt City has organised a retreat, with the theme, ‘Transiting to New Smart Cities; The Beginning.’ The event, which held from April 26 to April 27, 2024 in …

By Godwin Chukwumaechi The Holistic Opportunities Projects Of Engagement (Project HOPE) of the Niger Delta Development Commission NDDC has outlined a multi-sectoral approach to create job opportunities and empowerment programmes for youths of the Niger Delta region on the short term basis. The approach which emphasises agriculture and technology also …

By Godwin Chukwumaechi The managing director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has promised that the commission will now meet on a quarterly basis with stakeholders to enhance the formulation and sustenance of its overall strategies for the development of the region. Ogbuku made the promise …

By Kelechi Nwaucha Leading fertilizer company, Indorama Petrochemicals and Fertilizer Group, has said its operations are environment-friendly and comply with national and standards, while maintaining “zero harm, safe and healthy environment” for its host communities. Indorama’s head, Corporate Communications, Dr Jossy Nkwocha, made this known on Friday while conducting newsmen …