Day: August 23, 2021

Confusion rocks Nigeria Opposition PDP as Court Removes Chairman, Secondus

Precious Ibekwe

“Mr. Secondus should desist from parading himself as a member of the major opposition party, PDP, henceforth.”   A High Court sitting in Rivers State has restrained the Peoples Democratic Party (PDP) National Chairman, Uche Secondus, from parading or acting as head of the party’s National Working Committee (NWC). Platforms Africa reports that asides the suspension, the court ruled that Secondus should desist from parading himself as a member of the major opposition party, PDP, henceforth. READ ALSO: Why EFCC Is Yet To Arrest Tinubu — Bawa Opens Up on…

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5 Lies In circulation About The Nigeria’s Petroleum Industry Act, 2021

ADEOLA YUSUF

1. NNPC is being privatized? No, NNPC is not privatized. NNPC is only becoming a limited liability company subject to CAMA, to be named NNPC Ltd (C will also now mean Company, not corporation). The share is still 100% government owned. A major difference is, prior to PIA, NNPC had its own law: NNPC Act 1977, which guided it. Now, NNPC Ltd will be subject to law guiding other companies in Nigeria. PIA repeals (abolishes in layman’s term) the NNPC Act. NNPC Ltd will run like a company with full…

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100% Bread Price Hike Imminent in Nigeria – Bakers

Damilola Olonade

  “They should tell us; do they import every day? In a single month, they can inflate the price of flour three times,” bakers accused flour sellers of profiteering   Bakers in Nigeria have declared to citizens of the country to expect 100 per cent hike in the prices of loaves of bread. Platforms Africa reports that President of the Bakers Association of Nigeria, Daud Suleiman, who declared this blamed the imminent hike on the increasing rates of flour, key ingredient for bread. Bread is a stable food eaten by…

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BREAKING: Blackout as Nigeria’s Power grid suffers 2nd collapse in 26 days

ADEOLA YUSUF

The Electricity Transmission System in Nigeria also known as the national power grid has suffered its second collapse in the last 26 days. Platforms Africa reports that this collapse worsened the blackout rocking businesses and households in Lagos and other major parts of Nigeria. The collapse, which occurred around 1:00pm on Monday, was confirmed by two of the electricity distribution companies in the country. READ ALSO: National grid suffers 3rd Collapse in 5 months, Darkness Rocks Nigeria FCT EXCLUSIVE: How Nigeria’s Grid collapse, Blackout lasted for 6hrs 53mins BREAKING! Blackout…

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TotalEnergies deepens Nigeria’s downstream footprints, rebrands stations

ADEOLA YUSUF

Oil supermajor, TotalEnergies, has deepened its footprints in Nigeria’s downstream oil subsector as it began rebranding of its stations nationwide. Platforms Africa reports that the Managing Director of the company’s downstream arm, Imrane Barry, who led other members of the company’s top management team to the official launch of the new name at the Abule Onigbagbo station in Lagos, said that the TotalEnergies, which remains the only International Oil Company (IOC) in the Nigeria’s downstream, would continue its operations and investments in the country. This move, he said, was a…

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BREAKING: Wife of Nigeria’s ex-President dies at 97

Precious Ibekwe

The wife of Major-General Johnson Thomas Umunnakwe (J.T.U.) Aguiyi-Ironsi, Nigeria’s first military head of state, Chief Mrs. Victoria Nwanyiocha Aguiyi-Ironsi, is dead. Platforms Africa reports that Mrs. Aguiyi-Ironsi died in the early hours of Monday, aged 97. Born on November 21, 1923, she was the second First Lady of Nigeria from January 16, 1966, to July 29, 1996, when her husband was assassinated in a counter military coup carried out by Nigerian military officers of Northern extraction. READ ALSO: Lies People Aged 40 and Above Believe about Their Health +…

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