NDRPP set to tackle oil vandals in N/Delta creeks
National Coordinator of the Niger Delta Riverine Protection Programme (NDRPP), Mr. Tikari Danjuma, has assured that a drastic reduction in all forms of violence will soon be the order in Nigeri Delta as he assumes duties. A statement from the…
Oil set for first weekly gain over hopes of renewed cuts
Brent crude oil prices are heading for their first weekly gain in five buoyed by renewed hopes that OPEC may agree to production cuts, but a stronger United States dollar caps gains. The resurgence of increased oil prices will help…
MAN lost N500bn to CBN’s policy on flexible exchange mechanism—Odunayo
Chairman of the Manufacturers Association of Nigeria (MAN), Apapa Branch, Mr. Babatunde Odunayo, has disclosed that manufacturers lost not less than N500bn to the Central Bank of Nigeria’s (CBN) flexible exchange rate policy in less than six months. The revelation…
4-year strategic plan driving us at CPC—DG
The Director-General, Consumer Protection Council, Mrs. Dupe Atoki has said that she has drafted a four year strategic plan to drive the council’s activities in the next your years. In an interview, she noted that the entire scenario of regulating…
NEPC dumps oil sector, invades 6 sectors to drive diversification
The Nigerian Export Promotion Council (NEPC) has started working on six priority service sectors for export to other countries. This is part of the Council’s efforts to cue into the government’s drive to deepen diversifcation considering the drop in oil…
Atiku at AUN, says Boko Haram still controlling parts of Nigeria
Contrary to claims by the Nigerian Military that it has degraded and flushed out Boko Haram in the North East, former Vice President and a native of one of the affected states, Adamawa, Alhaji Atiku Abubakar has said the group…
Forex, contractual differences frustrating issuance of Intl Passport—NIS
Indication has emerged on why Nigerians both home and abroad are still finding it difficult to obtain an international passport from the Nigerian Immigration Service (NIS). The foreign exchange crisis and some arrears of payments for the Malaysian contractor are…
Confusing FG’s statements on status of refineries worry Nigerians
A cross-session of Nigerians is beginning to nurse fears over the seeming contradictions in government’s position on the fate of all four national refineries. In an interview, a petroleum engineer and commentator on industry issues, Mr. Bala Zaka, said “The…
Forex crisis, others hurting upstream productivity—Total MD
The Managing Director/Chief Executive of Total Exploration and Production Nigeria Limited, Nicholas Terraz, has raised concerns over serious drop in investments at the upstream petroulm sector, linking the scenario to forex crisis and militancy. According to him, operators are now…
