Nigeria earned $20.43 billion from the sector in 2020, a decline of 40 per cent compared to $34.22 billion realised in 2019. The Nigeria Extractive Industries Transparency Initiative (NEITI) has said that oil and gas companies liabilities to the Federation Accounts as at December 31, 2020 was N1.32 trillion. Executive Secretary of NEITI, Dr. Orji Ogbonnaya Orji, made this known on Monday in Abuja at the public presentation of reports on Oil, Gas and Mining as well as Fiscal Allocation and Statutory Disbursement. Orji, while providing highlights on the 2020…
Read MoreDay: March 9, 2022
How I was Kidnapped, Tortured, Escaped From Abductors – SUN Ex-Editor
“I thought the end was near, they beat me, demanded N10 million ransom. Man who first saw me after escape mistook me for a lunatic,” Alhaji Abdulfatah Oladehinde narrates ordeal in the hands of kidnappers A former editor with The Sun Newspapers, Alhaji Abdulfatah Oladeinde, has recounted how he was kidnapped, tortured, and escaped from his abductors after he spent six gruelling days in their den. Oladeinde, who is also the current Editor of the Nigerian Xpress, disclosed to the Tribune Online that he was at his farm when…
Read More2,000 N’Delta Households On Solar Hybrid Mini-grid – Renewvia Solar
Company claims over 10,000 small businesses and households in 8 Niger Delta communities now connected to a Renewvia solar hybrid minigrid Renewvia Energy has said that it installed and connected five new communities of 2, 000 households in the Niger Delta to one of its solar-powered, rural electrification minigrids. Platforms Africa can not independently confirm this claim but a statement from the company noted that Renewvia Solar Nigeria Ltd. now serves over 10,000 individuals and businesses through thousands of metered connections in eight communities in the Niger Delta. The five…
Read MoreNigeria, Senegal Ink MoU on Local Content Development
This is part of Nigeria’s strategic support to the development of Local Content across the African continent, which has already been extended to Ghana, Niger Republic, Uganda, Kenya, Gabon, Ugandan, and Congo Brazzaville The Nigerian Content Development and Monitoring Board (NCDMB) and the authorities of the Senegalese Petroleum Industry agreed on Tuesday to sign a Memorandum of Understanding (MoU) to guide Nigeria’s support for the development of Local Content in Senegal. This agreement was reached during a meeting in Lagos between the Executive Secretary, Engr. Simbi Kesiye Wabote and key…
Read MoreBamise’s Body Mutilated, Family Counters Police
Damilola Titilayo Ayanwola, elder sister of the murdered lady on Lagos BRT, Bamise Ayanwola, has revealed how she died in pain. Countering the claim made by Lagos State Police Command, Damilola narrated that the private part of Bamise was cut while she was still alive. She spoke at a press conference on Tuesday at Ikeja. Damilola disclosed an elder sister to Bamise who is pregnant, Elizabeth, has been hospitalised. Bamise, a fashion designer, was found dead on Monday — nine days after she was declared missing after she boarded a…
Read MoreHow, When I’ll Declare Intention To Succeed Buhari – Osinbajo
Vice President, Yemi Osinbajo has said he would soon declare his stance on running for the Presidency in 2023. The Vice President disclosed this through his spokesman, Laolu Akande, while responding to questions from State House correspondents on Tuesday. Akande said the Vice President is currently committed to his job of working with President Muhammadu Buhari. “Well, like he has said up to this time, he is committed to the work that he is elected as Vice President and to support the President. “That is what he is focused on…
Read MoreJoseph Egbunike, DIG Investigating Abba Kyari Slumps, Dies
Joseph Egbunike, the Deputy Inspector General of Police, who was in-charge of the Force Criminal Investigations Department, is dead. According to reports, Egbunike died on Tuesday, after he slumped in his office, in the Federal Capital Territory, Abuja. The DIG, who hails from Onitsha, Anambra State, was until his death, heading the Special Investigation Panel constituted by the Inspector General of Police, Usman Baba, to investigate the activities of the suspended head of the Police Intelligence Response Team, Abba Kyari, over money laundering allegations. While details of the incident is…
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