Seplat Petroleum signs crude purchase agreement with Waltersmith refinery
Ben Eguzozie
December 24, 2020
CPA involves 2000–4000-bpd crude for Waltersmith’s 5,000-bpd refinery First private commercial in-country crude refining Agreement 30 days after Buhari inaugurated Waltersmith Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian and the London Stock Exchanges, has signed a crude purchase agreement (CPA) with Waltersmith Petroman Oil […]
Imo moves to partner hotel, hospitality sector, reduce unemployment
Dikachi FranklinDecember 22, 2020
By Dikachi Franklin, in Owerri The long standing apathy exhibited towards the hotel and hospitality industry by past and present governments in Imo State may soon be broken as the state government led by Governor Hope Uzodinma may have seen the relevance and contributions of the hotel and hospitality industry to boosting the economy and […]
Imo government should prioritise infrastructure, says Tshabron CEO
Dikachi FranklinDecember 22, 2020
CHARLES ODIUKO OKEKE is the CEO, Tshabron Group, with head office in Owerri, Imo State. In this interview with DIKACHI FRANKLIN, in Owerri, he charges the Imo State government to put it priorities squarely in infrastructural development for the state to attract and keep investments. Can you tell us the role of Tshabron […]
New economic fortunes seen for Nigeria’s south-east in Waltersmith’s 5,000-bpd refinery
Ben EguzozieDecember 18, 2020
Will boost energy output, manufacturing, downstream jobs Will facilitate petroleum products supply, contribute to development, eco-friendly Members of the organised private sector in the South-east region are seeing new economic fortunes for the region as part of the economic impact of the recently inaugurated Waltersmith modular refinery in Ibigwe, Ohaji-Egbema local council of […]
Nigeria’s famous Aba leather products manufacturers rejig group to face new business climate
Chris IkosaDecember 17, 2020
Members of the leather products manufacturers association, under the aegis of LEPMAAS in Aba which hosts some 110,000 shoemakers and 50,000 garment makers, are rejigging their group in the face of the new business climate produced by the Covid-19 pandemic. LEPMAAS is an association of shoe, belt, bag and trunk box makers in Aba. Aba, […]
Hotel, hospitality can create, accommodate 60% of Imo jobs, GM, Lobic Meridian
Dikachi FranklinDecember 17, 2020
UWA IKECHUKWU GEORGE is the general manager of LOBIC MERIDIAN HOTEL, Owerri, Imo State. In this interview, he tells Business A.M.’s DIKACHI FRANKLIN that the hotel and hospitality sector can create 60 per cent of needed jobs in Imo State if the government can create an enabling environment and harness properly the opportunities the […]
LB&A chairman hails Buhari’s closure of land borders
Dikachi FranklinDecember 9, 2020
By Dikachi Franklin, in Owerri Okenze Sylvester Obinna, chairman and chief executive officer of Luxury Building and Accessories Limited, has said that the move taken by the federal government in August 2019 to close the country’s land borders was done in good fate to save local industries from total collapsing. It fellows similar commendation by […]
Climate Change: Nigeria’s Niger Delta women open seeds cultivation in oil region
Ben EguzozieDecember 3, 2020
Nigeria spends N30bn on castor oil import, despite ability to grow locally Seeds propagation ups women economic power Women from Nigeria’s Niger Delta oil region have gathered to open in-country cultivation of certain seeds and herbs, some of which Nigeria is said to still import, despite having arable and fertile land suitable […]
Nigeria’s oil-rich Rivers State to spend N448bn in 2021 in pursuit of inclusive growth
Ben EguzozieDecember 3, 2020
Finance commissioner fails to list sectoral allocations State to spend N2.75bn on LG elections New budget 49.37% higher than revised 2020 budget Oil-rich Rivers State has budgeted N448 billion (Four hundred and forty-eight billion, six hundred and sixty million, seven hundred and seventy-three thousand, four hundred and seventy-six naira (or N448,660,773.476) for the 2021 fiscal […]
Delta assures its support of inaugural Diaspora population’s business summit
Ben EguzozieNovember 26, 2020
Delta, an oil-rich state, with a gross domestic product economy in excess of $20.79 billion, has assured its Diaspora population of its full support for the forthcoming Diasporal business conference holding in Asaba, the state capital in December. The state’s Diasporans have listed areas of concern for their inaugural business summit to include: agriculture and […]