FG reaffirms commitment to reposition Onne port
September 2, 2022 The Federal Government has restated its commitment to reposition the Onne Port to maximise its huge potential in export and import trades. The Minister of Transportation, Mr….
OSINBAJO IN US FORUM ADVOCATES DEBT- FOR -CLIMATE SWAPS, GREATER PARTICIPATION IN GLOBAL CARBON MARKET FOR AFRICAN NATIONS
September 2, 2022 In a call that can at once significantly advance the course of global net-zero emissions targets, facilitate energy access and the development of African countries, Vice President…
World Bank reaffirms readiness help Nigeria phase out fuel subsidies
September 2, 2022 The World Bank Group President David Malpass has reaffirmed the Bank’s readiness to support Nigeria in phasing out regressive fuel subsidies while increasing social assistance for the…
Customs boss, Ali, faults NNPC 60m-litre daily consumption of petrol
The Comptroller General of the Nigeria Customs Service, Col. Hameed Ali, has raised valid questions concerning the figures for the daily consumptions of Premium Motor Spirit (PMS), popularly known as…
MTN appoints ex-President Macron aide to lead digital platforms unit
Africa-focused MTN Group unveiled Christian Bombrun as CEO of its digital platforms unit, taking over from the division’s CFO Minnie Harris who had been covering the role on an interim…
$464m repatriation: Emirates to resume partial flights to Nigeria this month
Emirates will resume some flights to Nigeria this month after the Central Bank of Nigeria released a portion of funds the Dubai airline had earned in the country but had…
N19bn: Owing debt is not fraud; airline operators reply NCAA boss, Musa Nuhu
The Airline Operators of Nigeria (AON) have decried the alleged ‘criminalisation’ of all domestic airlines over the outstanding N19 billion debt they allegedly owe some Federal Government’s aviation agencies. The…
FG lists merits of investing in Dangote refinery; targets mid-2023 to end fuel importation
The Nigerian National Petroleum Company (NNPC Ltd.), has listed the merits in Federal Government’s investment in Dangote refinery which earns her 20 percent equity in ownership, stressing that the importation…
NNPCL GMD, Kyari, exposes those involved in oil theft; 122 suspects nabbed
The Group Chief Executive Officer of the Nigeria National Petroleum Corporation Limited (NNPCL), Mele Kyari, has again raised the alarm over the involvement of communities and religious groups in theft…
FG to spend N19.76trn in 2023; earmarks N3.36 trillion to service oil subsidy
The Federal Government is proposing to spend N19.76 trillion in 2023, Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, made the declaration in Abuja on Monday, explaining that…