Month: February 2022

NUPENG Threatens Showdown With Marketers Over Fuel Price Hike

Wonuola Olujobi

Sell petrol above official price, face dire Consequences, NUPENG gives 24 hour ultimatum to marketers, says disheartening and worrisome that unscrupulous Marketers are selling PMS from the depots at prices far above the official rate Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has given petroleum products marketers 24 hours to revert to the official depots price of Premium Motor Spirit, PMS, commonly known as petrol or risk unpleasant consequences. A statement by NUPENG Saturday claimed unscrupulous Marketers are selling PMS from the depots at prices far above the…

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UK, U.S., 25 Others To Send Weapons to Ukraine As Death Toll Hits 198

Aoko Benjamin

Three children killed, 33 minors wounded by Russian Forces – Ukraine alleges   More than two dozen nations, including the UK, other European countries, and the US, have agreed to send more weapons, medical supplies and other military aid to Ukraine as it fights a Russian invasion. This cane as the death tolls hit 198 while over 1,000 are wounded. The UK has offered to conduct “logistics operations” to support the delivery of the donations, a defence source said. READ ALSO: Ukraine President Says Country “Left Alone” To Fight Against…

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Igboho’s Hope of Leaving Beninoise Prison This Year Uncertain

Wonuola Olujobi

“We have no idea of who Sunday Igboho is and what is happening to him’ – ECOWAS Court   The hope by Yoruba nation agitator, Sunday Adeyemo, popularly known as Sunday Igboho, to be set free from prison in Repubkic of Benin before the end of 2022 is uncertain. Platforms Africa reports that the ECOWAS Community Court of Justice, which Igboho and his supporters are banking on, has said that it has not received any matter relating to the trial of Yoruba Nation agitator. The embattled agitator had said that…

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BREAKING: INEC Postpones Presidential Election, Others, Gives Reason

Aliyu Aliyu

How Buhari’s late signing of electoral bill wont make election of his successor to take place on February 18 as earlier schedule – INEC The Independent National Electoral Commission has shifted the 2023 Presidential election from February 18 to February 25, 2023. Platforms Africa reports that this decision came following the late signing of the Electoral Act by the President Muhammadu Buhari. Chairman of the commission, Prof. Mahmood Yakubu, announced this at a news conference in Abuja on Saturday. He said the Presidential and National Assembly elections will now hold…

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Nigerian Poly Turns Back Female Students With No Pants, Bras

Precious Ibekwe

Aside No bras and pants, no entry policy, here is why We are against low waist, spaghetti, open chest, torn jeans, short skirt, bump shorts and the likes – Delta State Polytechnic   The management of the Delta State Polytechnic, Ogwashi-Uku in Aniocha South Local Government Area, has embarked on strict enforcement of dress code among students and staff. The enforcement commenced after hundreds of students, particularly females, who did not wear bras and underwear were turned back from the campus on Friday. The management also extended enforcement of the…

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Transcript of the Speech by Ukrainean President Volodymyr Zelensky

Volodymyr Zelensky

From his call to Putin few hours ago, through threat on how the “step (by Putin) can be the beginning of a big war on the #European continent,” to an appeal to Russians, here is a read-for-yourself transcript of the speech by President of Ukraine, a country facong a full blown war with Russia. “Today I initiated a phone call with the president of the Russian Federation. The result was silence. Though the silence should be in #Donbas. That’s why I want to address today the people of #Russia. I…

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BREAKING: ExxonMobil Exits Nigeria’s Onshore, Sells Asset To Seplat

ADEOLA YUSUF

Details of $1.583 billion deals to acquire the entire share capital of MPNU plus contingent consideration, and how asset transfer will wait for minister’s assent   United States oil giant, ExxonMobil, has finally exited Nigeria’s onshore and shallow water operations as it sold off all its assets in the terrain. Platforms Africa reports that the asset sale, which is the first transaction after the signing of Petroleum Industry Act (PIA), was to Seplat Energy Plc. The two firms have completed the deals but will await the ministerial assent for proper…

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JUST IN: Nigerian Content Fund exceeds $500m

ADEOLA YUSUF

The Nigerian Content Intervention (NCI) Fund has exceeded half a billion dollars, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has said. Platforms Africa reports that Wabote spoke recently at the Sub-Saharan African International Petroleum Conference (SAIPEC) organised in Lagos by the Petroleum Technology Association of Nigeria (PETAN), He indicated that the NCI Fund which is extended as low-cost credit to qualified oil and gas companies covers asset acquisition, project financing, manufacturing, working capital, loan refinancing, women in oil and gas, and research…

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Oil Crosses $100 Mark, N3trn May Not Be Enough For Nigeria’s Fuel Subsidy

Ayobami Adedinni

How oil jumped by $10 to hit the highest mark since 2014 just few hours after the start of the Russian-Ukrainian tension   Oil prices on Thursday jumped above the $100 per barrel mark following Russia’s invasion of Ukraine. Platforms Africa reports that International benchmark Brent crude surpassing $100 a barrel for the first time since 2014. While this means more oil revenues for Nigeria, Africa’s biggest crude exporter, it has also constituted a threat to the N3 trillion Nigeria has planned to spend as fuel subsidy from January 2022.…

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SUSPENSION: FIFA Axes Kenya, Zimbabwe, Gives Reason

Tade Salako

‘ FIFA has suspended Kenya and Zimbabwe for government interference, according to Gianni Infantino, the president of the world football governing body. Infantino revealed this at a press conference on Thursday. Kenya’s Ministry of Sports in November 2021, suspended the Football Kenya Federation (FKF) and appointed a caretaker committee to take charge of soccer activities in the country. In Zimbabwe, the country’s federation was also suspended by the Sports and Recreation Commission (SRC) in November 2021. “We had to suspend two of our members; Kenya and Zimbabwe, both for government…

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