Shut down of works on 2nd Niger Bridge, Lagos/Ibadan road, others imminent—Fashola
A clearer picture of the reasons behind the delay in assenting to the 2017 national budget by Acting President Yemi Osinbajo were on Thursday, unmasked in Abuja by the Minister of Power, Works and Housing, Mr. Babatunde Fashola. In an…
Etisalat claims 42% debt cleared, chides reports of investigation on use of loan
In continuation of the drama and counter claims trailing the final fight for the soul of Etisalat Nigeria, the company claimed on Thursday that about 42 per cent (about $504 million) of the original loan package of $1.2 billion (about…
Communications Minister, Shittu claims training 28,800 youths on e-jobs
The Minister of Communications, Adebayo Shittu on Thursday in Ile-Ife, Osun State said his ministry has trained 28,800 unemployed youths from various states of the Federation on online job majoring on Micro-work and E-lancing. He said the training was possible…
FG silent on revoking licences as Indonesian firm indicates interest to build refinery
More than two months after the federal government warned that it will soon begin the revocation of private oil refinery licenses issued by previous administration to about 14 companies, nothing has been heard. However, an Indonesian firm, PT Intim Perkasa…
NUPENG welcomes repair of Apapa-Wharf road, fears associated gridlock during work
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Thursday, raised fears over the possibility of the gridlocks coming with resumption of construction works on Apapa-Wharf Road to cause fuel scarcity in some parts of the country. The…
NIMASA set to seal MoU deal with Ghana to grow regional maritime industry
Indication has emerged that the Nigerian Maritime Administration and Safety Agency (NIMASA) is set to provide support to the Ghana Maritime Authority (GMA) through a proposed Memorandum of Understanding (MoU). The areas being considered for the MoU are; regular knowledge…
Bello gives antidote to 24-hour activities at Seaports, standard operating procedures
The Executive Secretary of Nigerian Shippers Council (NSC), Hassan Bello, has opened up on the best way to achieve what he described as Standard Operating Procedure (SOP) at the nation’s Seaports. In his submission at a town hall meeting on…
Tension rising in Ogoniland over confusion on oil spill clean-up claims, counter claims
More than one year after the celebrated presidential flag off of clean up of Ogoniland which stemmed from the United Nations report, controversies on whether the job has started or not are still raging. Whereas the Minister of State for…
Chevron Nigeria lists 3 key challenges frustrating oil industry operations
Leading International Oil Company (IOC), Chevron Nigeria Limited (CNL), on Thursday at the Pan Atlantic University (PAU), Lekki in Lagos, opened up on the real challenges drawing back the expected speed of industry operations in the oil rich Niger Delta….
New twist as banks seek forensic investigation on how Etisalat used $1.2bn loan
Fresh strange developments seem to be trailing the ongoing determination of the destiny of embattled telecoms group, Etisalat this week. Latest on Wednesday indicates that the consortium of 13 banks, involved in Etisalat Nigeria’s $1.2bn loan has changed its game,…
