Day: June 24, 2020

Divided They Stand: APC and The Mega Troubles Ahead by NURUDEEN OYEWOLE

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With Nigerian President Muhammadu Buhari’s recognition of Victor Giadom as National Chairman of the All Progressives Congress (APC), the ruling party may have arrived at the tipping point   The ruling APC from the beginning was never a political party. What was in place was a hurried amalgam of people who want power by all means. They found a short cut in Buhari who has lived large on fable integrity and has consistently enjoyed some sort of occultic followership from the part of country he hails from. The political merchants…

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How NNPC’s gas output surged to 218.37bn bcf in March

Efe Wellington

  The Nigerian National Petroleum Corporation (NNPC) has given details of how its natural gas production peaked at 218.37billion Cubic Feet (BCF) in March 2020 despite heavy burden novel Coronavirus placed on global oil and gas industry at the period. The output translated to an average daily production of 7493.65Million Standard Cubic Feet (mmscfd). This was contained in NNPC Monthly Financial and Operations Report for March, 2020, a release by the corporation’s Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, stated. The release said 3,119.89BCF of gas was…

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Nigerians reject Ghanaian President’s apology, demand action as diplomatic row over demolition saga worsens

Tim Bauer

Outrage from a cross section of Nigerians at home and in the diaspora worsened, forcing Ghanian President Nana Akufo-Addo to apologise to President Muhammadu Buhari over demolition of a building on the premises of Nigerian High Commission in Accra, Ghana. The Nigerian Government has summoned the Chargè d’ Affaires of the High Commission of Ghana to Nigeria, Ms Iva Denoo, as diplomatic row degenerated between two West African nations over the demolition of a residential quarters at the Nigeria High Commission in Accra, Ghana.   The action in Ghana described…

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Power market’s debts profile to NDPHC hits N190bn

Efe Wellington

  The total debts profile of the Nigeria’s electricity market to the Niger Delta Power Holding Company (NDPHC) has hit N190 billion. Managing Director of the NDPHC, Chiedu Ugbo, who said this during a presentation at the Senate hearing on power, declared that the N190 billion debts has become one of the challenges hampering the growth of the power market. Despite the challenge posed by the debts, the NDPHC is still working assiduously to deliver on its mandate, Ugbo said.   Stating that the firm’s output is also being hampered…

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