Day: August 2, 2021

COVID-19 3rd wave hits Nigeria, kils six in Lagos daily

Gbenga Adeoti

“We have recorded on average (of) 6 COVID-19 related deaths per day since last week,” Sanwo-Olu declared     The third wave of the coronavirus pandemic is already in Nigeria, the government of Africa’s most populous nation has confirmed. Both the Governor of Lagos, Babajide Sanwo-Olu, and the health minister, Osagie Ehanire, made the disclosure at different events on Monday evening. Mr Sanwo-Olu also announced that since last week, an average of six deaths have been recorded daily from the disease in the country’s commercial city and coronavirus epicentre. In his address…

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NNPC rejects arbitrary postdivestment takeover of IOCs’ Assets operatorship

ADESUPO OSOSANYA

Nigeria to develop comprehensive divestment policy to protect, end oil industry’s dearth of technical, financial and operational capabilities     The Nigerian National Petroleum Corporation (NNPC) on Monday rejected the arbitrary takeover of operatorship of oil assets divested by International Oil Companies in Nigeria. Platforms Africa reports that the corporation, which gave this hint, declared that the government would soon develop a Comprehensive Divestment Policy for International Oil Companies ( IOCs) operating in the country to protect strategic national interest. Mr Mele Kyari, the Group Managing Director, NNPC disclosed this…

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NAPE advocates Nigerian Bank of Energy creation, rallies 1,800 for Confab

ADESUPO OSOSANYA

Second female President in NAPE history, Patricia Ochogbu, opens up on tough lessons the oil industry learnt from COVID-19 pandemic   Highest body of Petroleum explorationists in Sub-Saharan Africa, Nigerian Association of Petroleum Explorationists (NAPE), has advocated the establishment of Energy Bank to cater for the unique nature of oil and gas exploration investments. Platforms Africa reports that President of NAPE, Patricia Ochogbu, stated at a press conference in Lagos, Nigeria’s commercial capital. She maintained that the energy sector deserved a bank like the Bank of Industry in order to…

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Senate Mulls Support for Ikeja Electric’s N70.96Bn Debt Recovery

Dawood Rabiu

The Senate Committee on Privatization and Commercialization has promised to assist Ikeja Electric recover over N70.96 billion customer debt. Platforms Africa reports that the Committee which was on oversight visit to the company, commended the DisCo for improved service delivery and innovative ideas. READ ALSO: Ikeja Electric Inducts 20 Young Engineers, Deepens Nigeria’s Power Sector Human Capital Dev. Customer stabs Ikeja Electric Staff on duty, faces prosecution Nigerians’ Annual Spending on Fuel Hits ₦2.129 trn UNILAG Plunged Into Darkness As EKEDC Disconnected Varsity Over ₦200m Debt  The Committee’s Chairman, Senator…

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