The federal government is in for more financial squeeze as indications have emerged that Nigeria’s crude oil valued at over N159 billion is still hovering on the international waters looking for buyers for two months running. This is as Nigerian Liquefied Natural Gas export to East Asia is in a steady drop following a steep decline in Japan/Korea market prices; partly as a result of new liquefaction capacity in Asia Pacific. LNG exports fell 2.3 per cent to 42.49 million cubic meters, with exports to East Asia accounting for 34 per cent of the total, down from 48 per cent…
Author: Pride Team
As part of efforts to reduce the increasing cases of fraudsters’ using online platforms in posing like Customs officers to defraud Nigerians wishing to buy seized and auctioned goods, the Nigeria Customs Service has approved a new procedure for the disposal of seized and overtime goods. Even though the release is coming at a belated date, the Service said the new guidelines are part of efforts to address some of the perceived irregularities relating to the system, including fake online auctions. The NCS has set up four committees to handle the disposal of these categories of goods. The committees are…
Global System of Mobile Communications Association (GSMA), the umbrella body for all Mobile operators, Equipment manufacturers, Vendors among others recently opened talks with the Nigerian Communications Commission (NCC) on capacity building, and other sundry ways to attain an accelerated growth in the mobile sector. The talks which took place at the Corporate Headquarters of NCC in Abuja were led by Mr. Mortimer Hope, Director, Africa Region for GSMA. They were received by the Executive Vice Chairman (EVC/CEO) of NCC, Prof. Umar Garba Danbatta. Mortimer who said their visit was of dual purposes, told the EVC and his management that besides…
Nigeria’s Senate President, Dr. Abubakar Bukola Saraki has been confirmed as Keynote Speaker for the forthcoming Governance Masterclass by StateCraft Inc. tagged ‘Did You Say Change? Game Changers of the 2015 Nigerian elections.’ The Masterclass – organized by StateCraft Inc., the governance communication arm of RED and official communication agency for President Muhammadu Buhari’s 2015 election campaign – will explore the intersection between media, business and governance, and will share strategic lessons from the historic campaign; for media professionals, communication agencies, public relations consultants, public affairs managers and information custodians across the Nigerian public and private spaces. It is one…
Minister of mines and Steel Development, Dr. Kayode Fayemi has said that Federal Government of Nigeria is already targeting N250billion as revenue from the solid minerals sector this year. Fayemi, in an interview with journalists after defending the 2016 budget estimates of his ministry before the Senate Committee on Solid Mineral , lamented that long neglect of the sector by past administrations had really affected it, as he maintained that the feat is achievable, pointing out that “what has been lacking in this sector before now is the political will on the part of the leadership”. He said: “Mr President…
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Ekiti State Governor, Mr Ayodele Fayose, has said the capital projects embarked upon by his administration, including an airstrip are not only timely, but are meeting people’s needs, contrary to the claim by a former governor of the state, Otunba Niyi Adebayo. Speaking through his Chief Press Secretary, Mr Iidowu Adelusi, in Ado-Ekiti on Wednesday, the governor said the claim by Adebayo in Abuja on Tuesday that the airstrip project was ill-timed was borne out of malice because Adebayo failed to utiilise the opportunity given him by the people of the state by executing projects he (Adebayo) could be remembered for. Ekiti people…
Strong indications emerged yesterday that the 31 students of Afe Babalola University, Ado Ekiti sued over damage done to the university’s facilities during a recent protest, may be allowed to settle the matter out of court. A Chief Magistrate’s Court in Ado Ekiti on Wednesday adjourned hearing in the criminal case filed by the Police against the students over alleged participation in the violent protest that rocked the institution on February 7. Chief Magistrate Adesoji Adegboye adjourned the matter following a request by the Police Prosecutor, Caleb Leramo, for the advice from the office of the Director of Public Prosecution. The Police prosecutor…
For transforming the face of governance in Edo State and for the development projects across the state, a former Governor of the defunct Mid-West region and Bendel State, Dr. Samuel Ogbemudia has pledged to support Governor Adams Oshiomhole for the rest of his life, saying “I will continue to work with you until my grave.” Dr. Ogbemudia made the pledge during a visit of Governor Adams Oshiomhole to him, in his residence, in Benin City, on Wednesday. Dr. Ogbemudia who was elated by the visit of the Governor and his entourage, said: “I have withdrawn my membership of the Peoples Democratic…
Erstwhile, Director General, National Centre for Women Development ( NCWD), Ms. Onyeka Onwenu, has denied allegations that she threatened to sue President Muhammadu Buhari over her recent sack along side many other heads of parastatals, agencies and commissions by the federal government. In a press statement, Thursday, entitled, “My disengagement from the National Centre for Women Development, Ms Onwenu said it was within the authority of the president to do that. She said in spite of the campaign of calumny and several threats against her within her two and half years of service, she lifted the centre from its former…