Author: darelasisi@gmail.com
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Malam Mele Kyari, says the Final Investment Decision (FID) for Nigerian Liquefied Natural Gas (NLNG) Train 7 would be executed in December. Kyari disclosed when he received the Chairman and Group Chief Executive Officer, Total Group, Patrick Jean Pouyanné and other top management of the Group,in Abuja. He said that executing the FID was part of the concerted efforts to further grow the Nigerian Liquefied Natural Gas (NLNG) business in the Country He said that the corporation would continue to align its business processes with its partners in accordance…
Oil prices were mixed on Friday in quiet trade, with the U.S. Thanksgiving holiday limiting activity, while investors awaited a meeting of OPEC and its allies next week that may result in extension of an output cut agreement to support the market. Brent crude futures LCOc1 were down eight cents, or 0.1 per cent, at 63.79 dollars a barrel by 0740 GMT. Brent futures are set for a slight gain of 0.6 per cent for the week, the fourth weekly increase, during which prices have climbed 3.4 per cent. West Texas Intermediate (WTI) futures CLc1 were up four cents, or…
The Federal Government has commenced implementation of the 750 million dollars World Bank-funded State Fiscal Transparency, Accountability and Sustainability (SFTAS) programme in 33 states. The Auditor-General for the Federation, Mr Anthony Ayine said the programme was aimed at transforming the public finance management system in states. Ayine said that SFTAS was initiated by the Federal Government, adding that the OAuGF would be the Independent Verification Agents (IVA) for the programme. He noted that states that met the criteria would be eligible for the grants if they achieved any of the nine disbursement linked results under the SFTAS. The auditor-general listed…
Sen. Godiya Akwashiki, Chairman Senate Committee on Media and Public Affairs has said that the Senate would not have anything to do with the Niger Delta Development Commission (NDDC) Caretaker Committee because it was not a legal entity. Akwashiki said this while briefing newsmen in Abuja on Thursday. She said that the Senate was waiting for President Muhammadu Buhari to inaugurate the newly confirmed members of the NDDC board. “There is no confusion in the NDDC. Mr President sent his nominees who are people of impeccable character to the Senate for confirmation to occupy offices in the commission. “We have…
Nigeria’s First Lady, Aisha Muhammadu Buhari has advocated for a renewed commitment to forge alliances that will help ongoing efforts to end HIV. She made the call at an event to mark the 2019 World AIDS Day at the Banquet Hall, State House, Abuja on Thursday 28th November, 2019. Mrs. Buhari noted that “it is time to factor all relevant communities including the HIV support groups and adolescent and youth communities into our strategies for preventing the spread of HIV.” She noted the worrisome trend of a growing number of young persons with new infections, especially girls; with the costly implication…
That every society, whether in the developing or advanced economies of the world, face all manners of challenges in their dynamics and evolution cannot be overemphasized. However, the truth is many of these challenges have been overcome, even in the so-called third world thus precipitating the changes in people’s form and standards of living. Such feats were not accomplished by luck, magic, drama or wishful thinking but by focus, conscious and concerted efforts, as well as the can-do spirits of both the leaders and the, led to engender the desired changes. This is the major reason a country like Rwanda,…
On December 12, 2013, I woke up to Olusegun Obasanjo’s ‘Before it is too late’; a caustic letter to former President Goodluck Jonathan. In the 18-page missive, Ebora Owu diced Jonathan like a sushi chef. Obasanjo delineated 10 reasons he chose to drag Jonathan before the public square for some good spanking. He said the former president ‘’must move away from advertently or inadvertently dividing the country along weak seams of north-south and Christian-Muslim’’, and that ‘’nothing should be done to allow the country to degenerate into economic dormancy, stagnation or retrogression’’. He also said, ‘’some of our international friends…
Veteran Nollywood actress, Kate Henshaw has condemned the act of slaying mamas using breaching cream on their babies. The ace actress, who frowned at such act, took to her Instagram page @k8henshaw to express how bad she felt, adding that there was nothing to glow in babies’ bodies, cautioning parents not to destroy children’s future for aesthetic values. She wrote: “This is where I draw the line!!! Selling all sorts of unverified products to mothers telling them to glow their babies with flawless shower bath!! “What is this self-loathing that you want to transfer to children?? For 20k or 30k…
The Edo Sector Command of the Federal Road Safety Corps (FRSC) has said that 143 persons were killed in road safety crashes in the state due to absent-mindedness of drivers. Mr Anthony Oko, State sector commander of the corps revealed this on Thursday in Benin, at the flag-off of the 2019 Ember month campaign by the corps. Oko said that the figure which represents 37 per cent was between January and October. He said that the deaths were recorded from 170 road traffic cases, which involved 351 vehicles, while 664 persons were recorded injured. He also revealed that 136 persons…
The Economic and Financial Crimes Commission, (EFCC) on Thursday closed its case in the ongoing trial of former Chief of AVM Umar Dikko in the Federal High Court Abuja over alleged N9.7 billion fraud. EFCC charged is Dikko with seven counts of laundering and procurement fraud to the tune of N9.7 bn. The anti-graft agency alleged that the amount accrued when Dikko allegedly converted money from the N1.2 billion monthly from allocations belonging to the Nigerian Air Force to his personal use. The prosecuting counsel, Mr Sylvanus Tahir, closed the commission’s case after the defence counsel, Mr Onyechi Ikpeazu cross-examined…