Day: November 14, 2020

Go learn Vocational Skill, Travel Indefinitely, ASUU tells Varsity Students

Damola Oyede

  The Academic Staff Union of Universities (ASUU) has advised students to forget immediate resumption and begin to either settle for vocational skills or travel abroad for fun. ASUU added that since the Federal Government was not ready to address lecturers demands, students should use the strike period to assist their parents in developing the family business, become an active social worker in religious houses and other groups within their community. The union, who gave the advice in a statement released on Thursday on its social media account, entitled; “Seven…

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NNPC sheds light on hike in Petrol Ex-Coastal, Ex-Depot Price

Aliyu Aliyu

The Nigerian National Petroleum Corporation (NNPC) has clarified that although there was a slight increase in the price based on the prevailing realities of market forces of demand and supply, the correct prices, as can be seen on PPMC’s  “Customer Express” platform (online portal for procurement of petroleum products) are: Ex-Coastal Price – N128, and Ex-Depot Price (with collection) – N153.17. The Corporation said this in a statement, adding that it was aware of a document widely circulating in the media purporting an increase in the PPMC Ex-Coastal Price and…

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NAPE tackles Nigeria’s oil reserves challenges, rallies Osinbajo for Confab

Efe Wellington

  Highest body of Petroleum explorationists in Nigeria, Nigeria Association of Petroleum Explorationists, (NAPE) has declared plans to host country’s vice president, Professor Yemi Osinbajo, and other top government and industry leaders to a discourse on emerging Concepts, opportunities and Challenges to Nigeria’s Hydrocarbon Reserves. President of NAPE, Alex Tarka, who declared this at a virtual press conference to announce the group’s 2020 international Conference and Exhibition, noted that the association, which clocked 45 this year, has tremendously contributed to the development of the oil and gas industry. Stating that…

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How 70-year-old Nigeria man impregnated teenage grand-daughter

Gbenga Adeoti

  A 70-year-old man, Hunsu Sunday, was on November 10, 2020 arrested by men of the Ogun State Police Command for defiling his 15-year-old granddaughter (name withheld), impregnating her. This was disclosed by the spokesman of the Command, Abimbola Oyeyemi, on Friday in a statement. Oyeyemi said the suspect was apprehended following a complain lodged by the aunt of the victim, who reported that the victim has been living with her grandfather since the demise of her mother. She stated further that the victim came to inform her that her…

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Nigeria vows to consider other actions if Varsity Lecturers remain adamant

Precious Ibekwe

The Nigerian minister of Labour and Employment, Dr. Chris Ngige, has said the country would consider other options if the Academic Staff Union of Universities remains adamant on its strike action. Ngige, who expressed optimism that the face-off between ASUU and the Federal Government will be resolved by next week when both parties meet again, spoke on a Channels Television programme, Politics Today, on Friday. He said the union was not considering the several challenges it was going to create with its demands. He said: “Even if countries go to…

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African Oil Producers Face Slump In Production

ADEOLA YUSUF

The five largest producers of crude oil in Africa face a combined production decline of 19 percent as a result of the pandemic’s effect on oil demand and the acceleration of energy transition efforts, according to a new report by PwC. The Africa oil and gas review 2020 notes that the pandemic has caused the worst oil industry crisis in history and that oil demand will likely never recover to pre-pandemic levels. This demand loss will also drive lower revenues for oil exporters, the authors of the reports said, helped in no…

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