Month: November 2020

Nigeria vows to consider other actions if Varsity Lecturers remain adamant

ADEOLA YUSUF

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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Nigeria’s power grid collapses, plunges Lagos, others into darkness

ADEOLA YUSUF

  The Electricity Transmission System also known as National grid in Nigeria on Friday suffered a partial collapse, which plunged the whole of Lagos, the country’s commercial capital, and environ into total darkness for about 37 minutes. Platforms Africa exclusively gathered that the collapse occurred around 12:58 West African Time (WAT). Electricity supply were, as a result of the collapse, cut to Eko Electricity Distribution Company (EKEDC); Ikeja Electric (IE) and Ibadan Electricity Distribution Company (IBEDC) for more than 30 minutes. Sources at the Transmission Company of Nigeria (TCN), an…

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Petrol hits N170/litre in Nigeria + PPMC Memo on Ex-depot price hike

ADEOLA YUSUF

  The price of Premium Motor Spirit (PMS) also known as petrol in Nigeria is to hit as high as N170 per litre as Pipelines and Products Marketing Company (PPMC) hiked the ex-depot price to N155.17 per litre. Before this action by PPMC, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), the ex-depot price of petrol was N147.67 per litre. Depending on the marketer involved or the proximity of thier filling stations to the loading depot, there is always a differentials of between N12 and N15 between the ex-depot…

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Evacuate Us from here, 753 Nigerian Traders in Ghana beg Buhari

ADEOLA YUSUF

  Nigerian traders in Ghana on Wednesday called on President Muhammadu Buhari to evacuate them from Ghana. The traders, in a Save-Our-Soul letter delivered to the Chairman of the Nigerian Diaspora Commission (NiDCOM), Mrs Abike Dabiri-Erewa, said they were seeking a secure and peaceful return to Nigeria. In a statement signed by Gabriel Odu, NiDCOM’s Media, Public Relations and Protocol Unit, said the traders belonged to two associations in Ghana, the Nigerian Union of Traders Association in Ghana (NUTAG) and the National Association of Nigerian Traders (NANTS). According to Odu,…

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NLNG mulls 100,000MT surge in Cooking gas supply to Nigerian market 2021

ADEOLA YUSUF

Managing Director, Nigeria Liquefied Natural Gas (NLNG) Limited, Mr. Tony Attah, has said that the company would increase its allocation of Liquefied Petroleum Gas (LPG) to the domestic market from 350, 000MT to 450, 000MT by 2021. The move, according to Attah, was aimed at supporting the Federal Government’s plan to deepen LPG (cooking gas) penetration in Nigeria. He said the declaration of the year 2020 as the Year of Gas by the Federal Government was not sufficient, stressing that a decade should be dedicated to utilisation of gas to transform…

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Two killed as Lagos suffers first Bullion Van Armed Robbery in decades

ADEOLA YUSUF

  Lagos, Nigeria’s commercial capital, on Thursday suffered a major armed robbery attack on a bullion van in which two people were feared killed. The last time a bullion van was attacked on Lagos road was about two decades ago. The Thursday’s attack disrupted activities on Ado road in Ajah, Eti-Osa Local Government, when the gunmen attacked the bullion van and carted away the huge sum of cash found in it. During the attack that lasted for several minutes, atleast two persons were said to have been killed by the…

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How Ghana ex-President Rawlings died 19 days after mother’s burial

ADEOLA YUSUF

  More facts have emerged on how one of the Africa’s military strongmen, a former military President of Ghana who fired and escaped several bullets, Jerry Rawlings, was reportedly killed by COVID-19. His family has however denied that he was killed by COVID-19. Rawlings, a coup leader earlier escaped death after he was imprisoned, publicly court-martialed and sentenced to death in 1979. He died on Thursday at Korle-Bu Teaching Hospital in Accra, capital of Ghana, on Thursday morning, exactly two weeks after he buried his mother, Victoria Agbotui. A flight…

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‘How repentant Boko Haram aided General’s killing, 75 elders’ slaughtering’

ADEOLA YUSUF

More revelations have been made on how a so-called repentant member of Boko Haram aided the killing of a General in Nigerian Army as well as the slaughtering of 75 elders in Nigeria. The revelaruons made by a member od Senate have made the uoper legislative arm to ask President Muhammad Buhari to expedite action on the prosecution of known sponsors of the Boko Haram sect, currently prosecuting insurgency in the country. The Senate Committee on Army made this known during a press conference on Wednesday shortly after the representative…

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How N2.2bn was paid to Marabound for prayers against Boko Haram – EFCC

ADEOLA YUSUF

  An Investigating Officer with the Economic and Financial Crimes Commission, Adariko Michael, on Tuesday gave details of how N2.2 billion was allegedly spent on prayers in Nigeria and Saudi Arabia to win the war against insurgency in the country. Michael was giving evidence as Prosecution Witness 1 in the trial of retired Colonel Sambo Dasuki, former National Security Adviser to ex-President Goodluck Jonathan, in the alleged $2 billion arms deal fraud. Others charged with Dasuki are a former General Manager with the Nigerian National Petroleum Corporation, Aminu Baba-kusa; Acacia Holdings…

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