Elechi, PHCCIMA new president,  assures progressive, inclusive leadership 

Elechi, PHCCIMA new president,  assures progressive, inclusive leadership 

Mike Elechi, commercial farmer, agriculturist, and industrialist who recently emerged as the new president of the Port Harcourt Chamber of Commerce, Industry, Mines, Agriculture and Technology (PHCCIMA), after taking over from Nabil Ahmed Saleh during PHCCIMA’s 2021 elective annual general meeting held at the PHCCIMA council hall in Port Harcourt, Rivers State, has assured of […]

Akwa Ibom woos German investors, positions $3bn free trade zone as bait

Akwa Ibom woos German investors, positions $3bn free trade zone as bait

Akwa Ibom, a littoral oil-rich state, which also picks the biggest federal revenue allocation, is positioning its incoming $3 billion free trade zone as a bait to woo German investors, the target being to secure sizable foreign direct investment (FDI) from Europe’s biggest economy.   A recent survey indicated that the South-South region, despite being […]

NPA’s Port Harcourt port faces security breaches as aprons vandalised

NPA’s Port Harcourt port faces security breaches as aprons vandalised

  Amid lingering low patronage   The Port Harcourt Port, Nigeria’s oldest port terminal whose quay aprons was vandalised recently by port rats, has further threatened maritime activities in the port, after suffering severe disrepair. Businesses have been at a low ebb at the terminal, which forms part of the much-neglected Eastern Ports.   Till […]

Ogonis expand consultation over OML 11 production resumption

Ogonis expand consultation over OML 11 production resumption

  Asks Gov Wike to lead discussions Stakeholders in the oil-rich Ogoni land in Rivers State, have been meeting with Rivers State governor, Nyesom Wike, and unanimously agreeing to get the governor to lead a multi-consultative forum to discuss with the federal government on the planned resumption of oil production in OML 11 oil asset. […]

NDDC hands former head office building to Rivers government

NDDC hands former head office building to Rivers government

  Spent 16 years renting offices at N38.4bn     The Niger Delta Development Commission (NDDC), now fully settled in its 13-storey headquarters complex on Eastern Bypass area of Port Harcourt, has handed over the keys to its former headquarters building, ‘Harold Dappa Biriye House’, on Aba Road, Port Harcourt, to the Rivers State government, […]

Bayelsa signs power supply agreement with NCDMB

Bayelsa signs power supply agreement with NCDMB

  With huge gas deposits, state wallows in power lack Ranks among financially insolvent states   Bayelsa State government has entered into a purchase agreement with the Nigerian Content Development and Monitoring Board (NCDMB) to ensure regular power supply to the Government House complex in Yenagoa and environs.   NCDMB operates a 10-megawatt gas-powered independent […]

Anambra looks to oil revenue as Buhari approves petroleum-bearing state status

Go make profit for Nigeria, Buhari charges NNPC new board

Anambra State is eagerly looking to boost its revenues from the potential windfalls from its new status as petroleum bearing state after President Muhammadu Buhari officially signed off on an earlier Federation Account Allocation Committee confirmation of the same to Governor Willie Obiano.   President Buhari’s approval was conveyed in a letter to Governor Obiano […]

USAID’s Trade Hub bets N494m on Tomato Jos to lift 4,000 Kaduna farmers production

USAID’s Trade Hub bets N494m on Tomato Jos to lift 4,000 Kaduna farmers production

Tomato Jos, a Nigerian agro-processing company renowned for the local production and processing of tomatoes, has been awarded a co-investment grant worth N494 million by the USAID-funded West Africa Trade & Investment Hub (Trade Hub), a diversification venture into the grains sector set to boost the productivity, income, and resilience of 4000 maize and soybean […]