Day: August 5, 2020

Ilaje Development Summit Group hails Gov. Akeredolu’s choice of Ilaje son as running mate

Damola Oyede

  The Ilaje Development Summit Group (IDSG) has hailed the Governor of Ondo State, Southwest Nigeria, Arakunrin Oluwarotimi Odunayo Akeredolu (Aketi) on his choice of a distinguished Ilaje son, Hon. Lucky Aiyedatiwa, as his running mate in the forthcoming governorship election in the State. The group, which said this in a statement issued by its Executive Administrator, Reverend Sola Adebawo, maintained that this “represents a clear recognition of both the obvious capacity of our brother and son to perform in this huge role, and a strong indication of an acknowledgment…

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Nigeria hikes Petrol ex-depot Price by N5.32 per litre

Efe Wellington

  Nigeria, Africa’s biggest crude oil exporter, has hiked the ex-depot price for Premium Motor Spirit (PMS) also known as petrol by N5.32 per litre. The country’s Pipelines and Products Marketing Company (PPMC), which is a subsidiary of the Nigerian National Petroleum Corporation (NNPC), approved the new ex-depot price for petroleum products for the month of August in a memo released to all depots and marketers sighted by Platforms Africa on Wednesday morning. Ex-depot price is the price that the product is sold at the depot for marketers.  It largely…

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Virgin Atlantic files for bankruptcy, Bristow Helicopters sacks 100 pilots, engineers

Tim Bauer

    Barely 24 hours after Air Peace announced the sack of about 75 Pilots from its operations, Aviation giant, Virgin Atlantic Airways, has filed for bankruptcy while helicopters Service provider, Bristow Helicopters, also fired over 100 pilots and aeronautical engineers in its operations. In what is termed as a big trouble for aviation industry, Virgin Atlantic filed for the bankruptcy protection for its United States business, as it tries to nail down a £1.2 billion ($1.6 billion) rescue plan announced last month. The Bristow Helicopters, on the other hand,…

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