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The Nigerian National Petroleum Company Limited (NNPC) is pushing for more oil in the north, a move that could be made easier by the $400 million projected annual funding for the exploration of frontier basins under the Petroleum Industry Act (PIA). New data obtained covering the national oil company’s frontier exploration activities between 2020-2022 indicated that some of the states ...

Nigeria’s leading Electricity Distribution Company, Ikeja Electric Plc (IE) as part of her efforts to ensure safety of equipment for stable electricity across its network, has collaborated with the Nigeria Security and Civil Defence Corps (NSCDC). Speaking during a meeting with the Lagos State NSCDC Command, the Head Legal and Regulatory, Ikeja Electric, Babatunde Osadare commended the agency and the ...

……..as Corporate Tax is Raised to 35 Percent Highest Globally…….. Director,Centre for The Promotion of Private Enterprise, CPPE,Dr. Muda Yussuf, has urged President Muhammadu Buhari to withhold assent on the 2022 Finance Bill until the National Assembly properly engages stakeholders in line with legislative protocols. His appeal was sequel to the hurried passage of the 2022 Finance Bill by the ...

The Ogoni Ex-artisanal Refiners Forum has commenced sensitisation programme against re-pollution of the Ogoniland.The group, yesterday brought together over 2000 ex-artisanal refiners at the Nortem Town hall in Bori, Khana Local government area of Rivers State, to begin the first batch of the training. The training in collaboration with the National Youth Council of Ogoni People, was targeted at ending ...

President Muhammadu Buhari says the Ajaokuta Steel Complex will generate 1.6billion dollars annually and provide 500,000 estimated jobs for Nigerian youths. Malam Garba Shehu, the Presidential spokesperson in a statement, said that Buhari said this at the Palace of the Ohinoyi of Ebiraland, which he also inaugurated as part of his one-day state visit in Okene, Kogi on Thursday.Shehu said ...

The Senate on Wednesday, passed the N21.8 trillion 2023 budget. This followed the adoption of the report of the Senate Committee on Appropriation at plenary.Presenting the report, the Chairman of the Committee, Sen. Jibrin Barau said that the commitee did a thorough job by examining inputs from its sub-committees before reaching the final figure.“We hereby recommend that the Senate do ...

As fuel crisis bites harder the aviation fuel prices is skyrocketing, making Nigerians paid as much as 97 per cent more to fly locally, while the fare paid by citizens for bus transport increased by as much as 45 per cent between November 2021 and November 2022. Data obtained from the latest report by the National Bureau of Statistics (NBS) ...

Kano state governor, Dr. Abdullahi Umar Ganduje,says the multi million naira Tiga 10 Megawatts Hydro Power Station in Kano is completed and would be commissioned in six weeks. A statement by Malam Abba Anwar, the Chief Press Secretary to Ganduje, disclosed that the multi million naira power station its currently on pre-commissioning test. He explained that Governor Ganduje was satisfied ...

Mohammed Bello Koko, Managing Director of the Nigerian Ports Authority (NPA) performance has been validated by Bureau of Public Service Reforms (BPSR), howover he kicks over allegation of blackmail by some unknown civil society organisations (CSOs) using a section of the media to blackmail him and his family Describing the blackmailers as faceless, he said this had made it difficult ...

The management of Ibadan Electricity Distribution Company (IBEDC) Plc has assured customers across the network of its commitment to providing quality services during the Christmas holiday. The Managing Director of the Company, Mr Kingsley Achife stated this in a release made available to newsmen in Ibadan on Friday. Achife, while wishing all the company’s customers and Nigerians a merry Christmas ...