Nigeria’s Debt Profile Hits N32.92trn
The National Bureau of Statistics (NBS),says public debt portfolio as at Dec. 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. The current debt profile was for the
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Abuja:Vandals Steal Underground Cables,Throw Presidential Villa,Others Into Darkness
Electricity lines supplying power to various parts have been attacked and damaged by vandals,causing blackout in some parts of Presidential Villa and other areas of Abuja. The Transmission Company of Nigeria announced
The Critical Need For Energy Access In Africa:A Roadmap To Prosperity
By Wale Shonibare, African Development Bank’s Director of Energy Financial Solutions,Policy, and Regulation Across Africa,the sunlight shines bright and natural resources abound.Yet despite that lies a pressing issue that threatens to stifle
Dangote Refinery Raises Petrol Pump Price,Cites Reason
Dangote Petroleum Refinery,has increased the price of Premium Motor Spirit (PMS), also known as petrol,on account of the rising global crude oil prices. In a statement released on Friday, the refinery disclosed
EXIM,NEXIM Sign Pact On Economic Cooperation
The Export-Import Bank of the United States (EXIM),has signed a memorandum of understanding (MOU) with the Nigerian Export-Import Bank (NEXIM) to deepen economic cooperation. The agreement was signed by Exim President and
Ohaneze Ndigbo:Ikwerre Strips Mbata Of Ethnic Titles
The apex decision making body of Ikwerre ethnic nationality in Rivers State, Ogbakor Ikwerre Cultural Organisation Worldwide, has withdrawn all honours, recognitions and titles bestowed on the newly elected President General of
Nigeria Begins Full Deregulation Of Petroleum Industry
The Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri,has declared that the oil and gas industry is now fully deregulated. He told journalists at the end of the inaugural meeting
Stop Making Excuses,Fix Electricity Challenges,PENGASSAN Tells FG
The Petroleum and Natural Gas Senior Staff Association of Nigeria,has cautioned the Federal Government against making excuses for frequent power failures in the country. President of the union,Comrade Festus Osifo,who said this
How Nigeria’s CNG Conversion Capacity Fared In A Year-NMDPRA
The Nigeria Midstream and Downstream Regulatory Authority (NMDPRA),has said that the country’s capacity for compressed natural gas (CNG) conversion has surged by an estimated 2500%,in the last one year. Its Chief Executive
Niger Gov Bans PTA Levies In Public Schools
Governor Mohammed Umar Bago of Niger state,has proscribed payment of all Parent Teachers Association (PTA) levies in public primary and secondary schools. He announced this during a day working visit to inspect
BPP Saves Nigeria From N1.9trn Contract Fraud
The Bureau of Public Procurement,saved Nigeria the sum of N1.9 trillion from contracts fraud perpetuated over the years. Its Director – General, Dr Adebowale Adedokun,who disclosed this in Abuja on Thursday during
