Author: Pride Team

Following incessant attacks on gas pipeline and recent grid instability as experienced by millions of power consumers nationwide, the management of Transmission Company of Nigeria (TCN) and the Niger Delta Power Holding Company (NDPHC) are currently working on a contractual agreement by which NIPP plants would provide about 265MW of Spinning Reserves. The reason for the agreement, according to the General Manager, Communication and Public Relations, NDPHC, Mr. Yakubu Lawal, is to facilitate grid responsiveness during swings and disturbances on the transmission network. In statement issued on Wednesday on the relevance of the NIPPs, after 10 years of conception, Mr.…

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Lagos State Governor, Mr. Akinwunmi Ambode, on Thursday presented certificates of participation in orientation course to 400 Traditional Birth Attendants (TBAs) in the State, just as he expressed optimism that they would contribute to the State Government’s effort to reduce maternal mortality rate. Speaking at the certificate presentation ceremony of the TBAs held at the Adeyemi Bero Auditorium, Alausa Secretariat, Governor Ambode said that one of the cardinal points of his administration was to make traditional birth attendants a relevant factor in child care delivery, hence the urgent need to improve the skill of the traditional health attendants to reduce…

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Two people were killed and 17 others injured, when a suicide bomber blew off himself and a policeman at the entrance of Musa Usman State Secretariat Maiduguri. An eyewitness Mallam Ibrahim Saleh said the incident occurred at about 11:45 when the suicide bomber was trying to gain entrance into the secretariat, while a policeman at the gate was trying to interrogate and screen him, he blew off himself and the policeman with 17 others injured. He said “we were standing at about 11:45 am when a suicide bomber strapped with Improvised Explosive Device (IED) came and was trying to gain…

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The nominees in the 28 categories of the African Movie Academy Awards, the annual pan-African reward system for motion picture practitioners will hold in Lagos on Sunday May 15th, 2016 according to the organisers. In a statement released by the Chairman of the 2015 AMAA Jury, Mr. Shaibu Husseini the nominees will be unveiled at a strictly media event at the Protea Hotel, Isaac John, GRA Ikeja, Lagos and this will be a departure from the usual practice of announcing the nominees at a Gala Night ceremony. “In the last 8 years the nominees have been announced at events outside Nigeria…

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Management of Transmission Company of Nigeria (TCN) and the Niger Delta Power Holding Company (NDPHC) are currently working on a contractual agreement by which NIPP plants would provide about 265MW of Spinning Reserves. The reason for the agreement, according to the General Manager, Communication and Public Relations, NDPHC, Mr. Yakubu Lawal, is to facilitate grid responsiveness during swings and disturbances on the transmission network. In statement on the relevance of the NIPPs, after 10 years of conception, Lawal stated that the provision of spinning reserve and other ancillary services are being practiced all over the world and Nigeria now largely…

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Director General of Debt Management Office (DMO) Dr. Abraham Nwankwo has proposed to government the critical need to deepen its tax drive with the view to raising the required funds for infrastructure development. He therefore, suggested the need to widen the tax net to generate more revenue for the government just as he restated the Federal Government’s commitment that all money to be borrowed to finance the 2016 budget will be dedicated to fund capital projects. Nwankwo who made the suggestions at a one-day workshop by DMO on “Public Debt and the challenge of financing Nigeria’s economic recovery” organised for…

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Director General of the Lagos Chamber of Commerce and Industry (LCCI) Muda Yusuf has said that the removal of subsidy regime by the federal government to liberalize the petroleum downstream sector is inevitable given the acute resource constraint that the country is faced with at this time. The DG said, the overregulation of the sector and the subsidy regime had put enormous pressure on government finances and on our foreign reserves. He noted that it was evident that the policy choice was not sustainable and the review is in the long-term interest of the economy and the people. He explained that…

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As it becomes clear that government is overwhelmed by persistent fuel crises in the country, the minister of State for Petroleum Ibe Kachikwu has announced that the Federal Government is considering building three refineries in Kaduna, Port Harcourt and Warri to help put an end to the fuel crisis. He said when completed as planned by 2018, Nigeria will, for the first time, start exporting refined petroleum products. The minister also unveiled the government’s plan to provide every household with free gas cylinder before the end of next year, to stop dependence on kerosene for cooking. Speaking at a town…

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Federal Government has announced the removal of oil subsidy, as petrol will now sell for about N145 per liter. According to Ibe Kachikwu, Minister of State for petroleum “We have just finished a meeting of various stakeholders presided over by His Excellency, the Vice President of the Federal Republic of Nigeria. The meeting had in attendance the Leadership of the Senate, House of Representatives, Governors Forum, and Labour Unions (NLC, TUC, NUPENG, and PENGASSAN). The meeting reviewed the current fuel scarcity and supply difficulties in the country and the exorbitant prices being paid by Nigerians for the product. These prices range…

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Drake wasn’t wrong when he claimed Rihanna has the Midas touch – giving him No. 1 hits several times. Apparently whatever the superstar touches turns to gold. This is coming not long after her Puma × Fenty collaboration saw a huge success of spiked sales. What designer wouldn’t want to tap into this walking goldmine? Definitely Manolo Blahnik. Recently the design brand teamed up with Rihanna to release its collection themed the “desert denim”. Of course, from the name, denim is expected to be on center stage. The shoes are definitely for the sensual “sex in the city” type of…

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