Day: March 18, 2021

Protest greets Nigeria’s $1.5bn fund for Port Harcourt Refinery Maintenance

Damola Oyede

Stakeholders declare plan Wasteful, describe Nigeria as a massive theater of comedy and waste of fund   Nigerians have protested the approval of $1.5 billion by the Nigerian Government for the rehabilitation of the Port Harcourt refinery, declaring it as a wasteful investment of little or no economic value. The resources, they said, should have been put into reviving the nation’s dilapidated infrastructure . Director-General of Lagos Chamber of Commerce and Industry,Dr. Muda Yusuf, said sectors like power,security and railway would make meaning use of $1.5billion that rehabilitation of Port…

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Crude Oil Price Drops For Fifth Day

Gbenga Adeoti

Oil prices fell for a fifth day on Thursday after official data showed a sustained rise in U.S. crude and fuel inventories, while the pandemic clouded the demand outlook. Brent crude was down 12 cents, or 0.2%, at $67.88 a barrel by 0119 GMT after dropping by 0.6% on Wednesday. Besides, U.S. oil was down 12 cents, or 0.2%, at $64.48 a barrel, having fallen 0.3% the previous session. Government data on Wednesday showed U.S. crude inventories have risen for four straight weeks after refineries in the south were forced…

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Total deepens fuel trucks’ safety, conducts 4,889 audits in 3 years

Precious Ibekwe

Total Nigeria PLC (TNPLC) has highlighted how its Truck Drivers’ Initiative is improving road safety in Nigeria with continuous training and a total of 4,889 truck audits in three years. At a parley held online with the media on Thursday,18th March 2021, the company showed that it had conducted 2,181 Truck driver trainings, 2,740 truck audits at its training facility in Ibadan, Oyo State between 2017 and 2020. It also helped other players to conduct 2,149 truck audits between 2018 and 2020. The company noted that the effort had resulted…

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Aiteo alleges Sponsored Media Attacks as $2.7bn Oil row with Shell worsens

Efe Wellington

The dispute over $2.7 billion worth of missing crude oil between AITEO Eastern E&P Company Limited and Shell Petroleum Development Company (SPDC) degenerated on Thursday with the former alleging a sponsored media attack against it and its Executive Vice Chairman, Benedict Peters. Group Head, Media Operations, Aiteo Group, Ndiana Matthew, who made the allegation in a statement sent to Platforms Africa, maintained that “Shell has committed substantial resources towards impugning Aiteo’s corporate integrity, presumably to exert penalty and punishment on Aiteo for mustering the temerity to demand and insist on…

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NLNG begins 2021 Literature Prize cycle, names Adimora-Ezigbo as Board chair

Efe Wellington

Nigeria LNG Limited (NLNG) has announced the appointment of Akachi Adimora-Ezeigbo, emeritus professor of English at the University of Lagos, as the chairperson of the Advisory Board for the Nigeria Prize for Literature to flag off the 2021 cycle of the competition. The new Board assumed duties on Wednesday as two hundred and two (202) entries in Prose Fiction carried over from 2020 into the 2021 cycle after the prize’s postponement due to the Coronavirus pandemic (COVID-19) were handed over to a panel of judges to mark the start of…

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Customer stabs Ikeja Electric Staff on duty, faces prosecution

Tade Salako

  Popoola Olakunle, a staff of Ikeja Electric was stabbed on his head, in the course of duty, at Oladeroun area, New Oko-Oba in Fagba area, Lagos, The culprit, Saheed Olanrewaju aka Usama, a resident of 12, Abiodun Street, Iju-Ishaga in Fagba was subsequently apprehended on Tuesday, 16th March, 2021, with the assistance of the Traditional Ruler’s team and handed over to the Oko-Oko police station for immediate prosecution. So far, plans have been concluded by the Police to arraign the suspect before Ogba Magistrate Court tomorrow Friday, 19th March,…

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IBEDC ups service delivery, pacifies Customers against Exit threats

Gbenga Adeoti

  . Firm Introduces Bill on demand for customers   Ibadan Electricity Distribution Company (IBEDC) has deployed all strategies, including meeting with Transmission Company of Nigeria (TCN) and other stakeholders on improved service delivery to customers. The company said this in a reaction to threats by customers at MFM/Magboro area of Ofun stateover load shedding and low supply, maintaining that it is putting available resources to the fore to get them better services. Stating that IBEDC receives 13 Mega watt (MW) supply from TCN for the whole axis, Regional Communication…

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Hajj 2021: Lagos promises stress free COVID-19 vaccination for Pilgrims

Dehinde Jakande

    The Government of Lagos, Nigeria’s commercial capital, has given assurances that COVID-19 vaccine would be administered to every Intending Pilgrim from the State before embarking on the 2021 Hajj exercise in Saudi Arabia. Commissioner for Home Affairs, Prince Anofiu Olanrewaju Elegushi, who said this while delivering his opening remark at a training programme organised by the State Muslim Pilgrims Welfare Board for its Schedule Officers, Ulamah and Hajj Guides, at the Shamsi Adisa Thomas (SAT) Mosque Hall, GRA, Ikeja. The Hon. Commissioner emphasized that the administration of Governor…

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COVID-19: Nationwide Fear grips Tanzania as President Magufuli dies

Aoko Benjamin

  How Magufuli, a non-believer in the existence and threats of COVID-19, was hospitalised, died in Dar es Salaam hospital  – Vice President      Tanzania’s President John Magufuli is dead. The President who died on Wednesday evening was a non-believer in the existence and threats of COVID-19 and his death has spontaneously thrown the East African nation into a state of apprehension and mourning. Annoucing the sad event on state television on Wednesday night, the Vice-President, Samia Suluhu Hassan, said Magufuli died of heart failure at 6 pm local…

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