Just in: Baru authenticates our story, says “Act does not mandate me”
The Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, on Monday afternoon, officially responded to the allegations of insubordination and corruption levelled against him by the Minister of State for Petroleum Resources, Ibe Kachikwu, saying no law…
Minister, NCC cite conflicting figures on inflows in ICT sector
An official confusion capable of embarrassing the industry and causing distrust in the use of facts and figures coming from the nation’s telecoms sector is currently playing out between the leadership of the Nigerian Communication Commission (NCC) and the supervising…
TStv: Fear of rivals’ buying, dumping decoders delaying sales
There are indications that newly launched Pay TV group; Telcomm Satellite TV (TStv) may have started first tranche of market share warfare. The platform was unveiled by the Minister of Information and Culture, Alhaji Lai Mohammed on Sunday, October 1st…
NITDA not circumventing 2017 budget process
Worried by trending news on Social Media that the National Information Technology Development Agency (NITDA) is circumventing due process requirements in the implementation of the 2017 approved Budget, the agency has denied the news as baseless. A statement issued by…
Mega local firms partnering with foreign groups to buy airports
There are strong indications that leading indigenous companies are teaming up with foreign firm with good airport management background to bid in the upcoming concession rounds of the Murtala Muhammed International Airport, Lagos, and the Nnamdi Azikiwe International Airport, Abuja….
No indicator of progress in maritime industry since 2015—Akabogu
Leading maritime lawyer and Principal Partner, Akabogu & Associates, Mr. Emeka Akabogu has weighed developments in the nation’s maritime industry in the last two year and described activities as flat-footed. According to him, “No, there has been no difference. Absolutely…
Revealed: Kachukwu/Baru rift started in 2015—BH Investigation
…Act establishing NNPC does not recognise Minister of State in official matters A deeper inquest into the serial insubordination meted to the Minister of State for Petroleum, Dr. Ibe Kachukwu by the Group Managing Director of Nigerian National Petroleum Corporation…
FG to export unevacuated power to ECOWAS states
The federal government may have idealized a strategy to sale excess volumes of generated electricity by Gencos, than allowing the powers to stock away at plants. Nigeria currently generates well over 7,000MW, but can only distribute less than 4,500MW, leaving…
Operation Python Dance: Aba industries stabilizing, but…—BH survey
…. losses rise to N100bn As Nigerian Army begin to end its ongoing Exercise Egwu Eke II (Python Dance II) in the South-East states which controversially started in Aba from September 15, a tour of the city over the weekend…
Rotten exported yams not originally harvested for export
A fresh dimension has emerged on why all the yams recently celebrated and exported to Europe at the Apapa port by the Minister of Agriculture got spoilt on arrival. Undercover interviews and investigations by our correspondents showed that many of…
