Onne FTZ gradually becoming graveyard caused by OGFZA—Employees
Latest revelations from the Onne Oil & Gas Free Trade Zone, home of Atiku Abubakar’s Intels Nigeria Limited have shown that business activities in the zone are now in their lowest ebb. In the last two to three months, Intels…
FG killing Free Zones concept in Onne, 16 firms leave
More industry players are still looking at the emerging after effects of government’s onslaught on Intels Nigeria Limited, core concessionaire of Onne Free Trade Zone, in Rivers State. Already, some of the 16 companies that have decided to exit the…
NDYC, analysts seek end to agencies’ offensive on Intels
More business and social bodies are beginning to wade into the observed serial attacks on Intels Nigeria Limited, concessionaire of Onne Free Zone with interests in other port facilities in Nigeria. In the last one month, the company has come…
NPA rakes in $2bn from Onne Free Zone in six years – Umana
Managing Director of Oil and Gas Free Zones Authority (OGFZA), Umana Okon Umana, has revealed that the Federal Government, through the Nigerian Ports Authority (NPA) has raked in well over $2bn, about N611 billion as revenue from the operation of…