Ekiti govt. releases N250ml for pension of 86 retirees

April 14, 2021

Zainab Iwayemi   Ekiti State Governor, Kayode Fayemi has released the sum of N250 million – part of the monthly releases by the incumbent administration – for the settlement of 86 retirees in the state. This was disclosed by Francis Omotoso, the acting executive secretary, Ekiti Pension Transitional Arrangement Department (PTAD) at a news conference […]

NNPC records 37.21% drop in oil pipeline vandalism in January

April 13, 2021

Nigeria still losing 200,000bpd crude daily as NNPC enlists army’s intervention

…Increases gas supply for power generation Ben Eguzozie, in Port Harcourt The Nigerian National Petroleum Corporation (NNPC) announced that it recorded a 37.21% decrease in cases of pipeline vandalism across the country in the month of January 2021. This is contained in the January 2021 edition of the Corporation’s monthly financial and operations eeport (MFOR), […]

Seven Nigerian states hit by bird flu, NCDC confirms

April 7, 2021

Onome Amuge The Nigeria Centre for Disease Control (NCDC), has confirmed cases of Avian Influenza H5N1 (Bird flu)  in seven Nigerian states including: Kano, Plateau, Bauchi, Gombe, Nasarawa, Kaduna and Niger. Chikwe Ihekweazu,the director general of the disease control organisation made the confirmation on Tuesday, in Abuja,while highlighting the epidemiological situation and response activities in […]

Nigeria’s harried Borno capital, Maiduguri, restored to national grid after insurgents’ attack

March 25, 2021

Ben Eguzozie, in Port Harcourt   Nigeria’s harried North-Eastern Borno State capital, Maiduguri, was finally restored to the electricity national grid two months after the recent insurgents’ attack in which power pylons on the Damaturu-Maiduguri transmission line connecting the urban area was destroyed.   The state capital and its environs had been in utter blackout […]

NLNG signs 5-yr MoU with USAID to eliminate malaria in Bonny island

March 25, 2021

…USAID via PMI to provide technical support …NLNG launched BNYMEP in 2019 …Malaria kills 0.3m Nigerians annually versus HIV/AIDS 215,000     Ben Eguzozie, in Port Harcourt   Gas liquefaction company, the Nigeria LNG Limited (NLNG) has signed a five-year Memorandum of Understanding (MoU) with the U.S. Agency for International Development (USAID) to make Bonny […]

Belgium may help NDDC design new Niger Delta master plan

March 25, 2021

…Initial plan expired in 2020 without leaving drawing board   Ben Eguzozie, in Port Harcourt     If both parties tie up a partnership deal, Belgium may assist the Niger Delta Development Commission (NDDC) in developing and designing a second Niger Delta regional development master plan (NDRDMP), a project the federal government quango is seeking […]

Rivers, Nigerian oil-rich subnational awards N27.6bn contract for roads that tear through hard-to-reach oil communities

March 24, 2021

  Ben Eguzozie, in Port Harcourt Rivers, a Nigerian oil-rich subnational has awarded N27.6bn contract for a road that tears through hard-to-reach oil communities in the state. The Trans-Kalabari and Saakpenwa-Bori-Kono road streams through riverine Ogoni and Kalabari communities which hitherto are hardly accessible. These two major road projects are expected to be completed within […]

CBN MPC maintains policy in line with analysts’ expectations

March 23, 2021

CBN set USSD service charge to N6.98 per transaction; banks to debit customers’ account

Charles Abuede   The 278th convention of the CBN’s Monetary Policy Committee (MPC) held on Monday and Tuesday in Abuja in the light of lingering uncertainties associated with the COVID-19 pandemic, the existence of unsavoury inflation numbers at 17.33 per cent, economic recession, saw the committee maintain all policy levers at 11.50 per cent for the third […]

Finance Ministry gets query over N2.8 billion unaccounted service wide votes

March 22, 2021

Zainab Iwayemi   The Senate Committee on Public Accounts (SCPAs) has asked the Federal Ministry of Finance to account for N2.8 billion service wide votes it collected from the Federation Account for estacodes and other allowances for representing Nigeria during the internationally organized annual board meetings, conferences and workshops in 2018. Mathew Urhoghide, the Chairman of the SCPAs, […]