Month: November 2020

NEITI commends UERL, advances Nigeria’s 2019 oil industry audit

ADEOLA YUSUF

The transparency group commends Universal Energy Resources Limited (UERL) for Audit Filling Compliance in a letter signed by Waziri Adio, its Executive Secretary.    The Nigeria Extractive Industries Transparency Initiative (NEITI) has commended Universal Energy Resources Limited (UERL), a subsidiary company of Savannah Energy, over its performance in terms of compliance and provision of requested industry data. This came as the industry’s transparency group advanced the data collection exercise for the Nigeria’s 2019 oil and gas audit. According to NEITI, Universal Energy Resources Limited was rated 100% based on the…

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Niger’s ex-President Mamadou Tandja dies at 82

ADEOLA YUSUF

  Former Niger President Mamadou Tandja has died at agef 82, the government said Tuesday. Tandja, who was elected to lead Niger twice from 1999 to 2010, was eventually overthrown in a coup d’etat after trying to change the constitution to extend his grip on power. Niger’s government announced three days of national mourning for the former leader of the West African nation. The government said Tandja died Tuesday in Niamey, the capital, though it did not specify a cause of death. Tandja had, according to a report by AFP, …

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Repay our loans, Nigeria tells TraderMoni beneficiaries

ADEOLA YUSUF

  Beneficiaries of TraderMoni, FarmerMoni, MarketMoni under the Nigerian Government Enterprise and Empowerment Programme (GEEP) have been urged to repay their loans. This, GEEP an agency of government said in a tweet sighted by Platforms Africa, becomes necessary in order to enable them to get a higher loan and to have access to other GEEP products. The disclosure was made by the government agency through the tweet on its verified account. The call is also sequel to concerns over the repayment of the empowerment funds as stipulated in the terms and…

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Nigerian Professor’s daughter dies after obtaining seven A1s in WASSCE

ADEOLA YUSUF

  She promised me a special birthday gift and died a day to my birthday – father   Chisom, daughter of a Professor and Consultant Surgeon at the University of Nigeria Teaching Hospital, Nsukka, Felix Chukwuneke, has died. Her father took to social media to mourn his Chisom, who died on October 18, 2020. She died barely a year after being named the best graduating student of Graceland School, Enugu, a report by Punch read. Chisom, according to the school, obtained seven distinctions at the West African Senior School Certificate…

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Explosions rock Shell, Agip gas pipelines in Nigeria

ADEOLA YUSUF

  Explosion was reported on Monday to have rocked a gas pipeline operated by Shell Petroleum Development Company (SPDC) and Nigerian Agip Oil Company (NAOC) at Ikarama community, Yenagoa Local Government Area of Bayelsa, Southsouth Nigeria. Spokesman for SPDC, Bamidele Odugbesan, who confirmed the explosion, stated that the pipeline has been shut-in while a government-led joint probe will determine the cause and impact of the incident. “We have a report of an interference with our gas pipeline about 1 kilometre from Ikarama Community in Bayelsa State. We have since shut-in…

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WTO DG: Okonjo-Iweala’s S’Korean Rival To Withdraw From Race – Report

ADEOLA YUSUF

  South Korea appears to have decided to withdraw its trade minister, Yoo Myung-hee, from the race for the World Trade Organisation (WTO) Director General, paving the way for Nigeria’s candidate, Dr. Ngozi Okonjo-Iweala, to be confirmed as the head of the global trade body. Washington Trade Daily (WTD) quoted people familiar with the development to have disclosed South Korea was expected to announce its decision to withdraw Myung-hee in the coming days to enable the WTO’s General Council appoint Okonjo-Iweala. The Washington-based news medium further stated that South Korea…

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Lagos threat to shut 14 tankfarms’ll cause fuel scarcity, operators declare

ADEOLA YUSUF

  , Lagos State Commissioner for Physical Planning, depots operators on collision course The threat to shutdown 14 tankfarms in Ijegun area of Lagos, Nigeria’s commercial capital, by state  Commissioner  for  Physical  Planning,  Dr. Idris  Salako, will cause fuel scarcity, tankfarms’ operators have said. Salako and the operators in the state have earlier bickered over the commissioner’s threat to shutdown the tankfarms. The commissioner had during a Stakeholders Meeting on Friday 20th September 2020 regarding the operations of Tankfarms in Lagos State, alleged that the tankfarms were violating extant laws on environment and physical  Planning in Lagos,…

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Why Trump Accepted Transition To Biden Must Begin – Report

ADEOLA YUSUF

Donald Trump has accepted a formal US transition should begin for President-elect Joe Biden to take office. Here is the full report by BBC on what led to that decision despite that Mr. Trump still insisted on contesting the election. The president said the federal agency overseeing the handover must “do what needs to be done”, even as he vowed to keep contesting his election defeat, reports the BBC. The General Services Administration (GSA) said it was acknowledging Biden as the “apparent winner”. It came as Biden’s victory in the…

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138 Youth Corps members test positive for COVID-19 – NCDC

ADEOLA YUSUF

  A total of 138 members of the National Youth Service Corps have tested positive for COVID-19, the Nigeria Centre for Disease Control, said on Monday. Disclosing this during the briefing by the Presidential Task Force on COVID-19 in Abuja, the NDDC Director-General, Chikwe Ihekweazu, said the safe reopening of the NYSC orientation camps across the country was successful. He stated that none of those who tested positive was allowed into the camps. According to him, “a total of 34,785 corps members and members of the camp communities have been…

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Buhari crashes levy on imported ‘Tokunbo’ cars from 35% to 5%

ADEOLA YUSUF

  The Nigerian Government has slashed the levy to be paid on imported cars popularly called Tokunbo in the country from 35 per cent to five per cent. This is stated in the draft bill of the 2020 Finance Bill to be presented to the National Assembly. The bill, which was recently approved by the Federal Executive Council will become law after it is passed by the legislature and assented by President Muhammadu Buhari. The import duty of tractors and motor vehicles for the transportation of goods has also been slashed from 35…

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