Day: June 27, 2022

Savannah Energy Begins First Gas Sales To Central Horizon Gas Company

ADEOLA YUSUF

Savannah Energy Plc, has commenced gas sales to Central Horizon Gas Company Limited (“CHGC”), a subsidiary of Axxela Limited (“Axxela”), and a major gas distribution company situated in the South-South region of Nigeria. On February 2022, Savannah signed an interruptible gas sales agreement (“GSA”) with CHGC to supply up to 5 MMscfpd daily for an initial one-year period. CHGC operates a 17km gas pipeline infrastructure network with a throughput capacity of 50 MMscfpd, which provides natural gas to industrial and commercial customers in the Trans Amadi Industrial Area of Port…

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Herdsmen Stab Bus Conductor To Death in Lagos Over Cow’s Death

Abibat Babalola

Persons identified as herdsmen have stabbed a bus conductor to death for killing a cow. The incident, which occurred in the early hours of Monday, became public in a viral video from the scene of the accident. According to one of the videos sighted by The Eagle Online, the incident occurred at Mowo on the Lagos-Badagry Expressway, close to President Muhammadu Buhari Estate. The commentator in the video said the bus conductor, who fled after the accident that led to the death of the cow, was killed close to a…

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Meet Justice Olukayode Ariwoola, New Ag. Chief Justice of Nigeria

Abibat Babalola

Buhari swears-in Iseyin Oyo-born top Jurist as Acting CJN A justice of the Supreme Court, Justice Olukayode Tajudeen Ariwoola, has been sworn in as the acting Chief Justice of Nigeria (CJN), Platforms Africa reports. President Muhammadu Buhari led the official occasion on Monday afternoon, following the sudden resignation of Justice Tanko Muhammad from the Judicial position. Justice Muhammad, it was gathered, was forced to resign over the weekend, although the information in the public space is that he’s quitting on health grounds. Mr Ahuraka Isah, the Special Assistant on Media…

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DisCos’ Remittances to GenCos Crash by N35bn In One Month

Abibat Babalola

How GenCos suffered 50% revenue shortfall in January 2022 The payment by electricity distribution companies to generation companies for power generation in January has crashed by N35 billion, a dip of 50 per cent. The industry statistics showed that DisCos were unable to pay GenCos full payment for the quantity of power generated in January 2022. As a result, the generation companies recorded a 50 per cent revenue shortfall. A breakdown of the data showed, according to a report by PUNCH, that although the 26 generating plants submitted an invoice…

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How Abeokuta-Sagamu road Crash Killed One, Injured 10 – FRSC

Ganiyu Amodu

The Federal Road Safety Corps has said that one person died while 10 others sustained injuries in an accident that occurred at Kobape on the Abeokuta-Sagamu Expressway on Sunday. The FRSC Sector Commander in Ogun, Ahmed Umar, confirmed the incident to newsmen in Abeokuta, the Ogun state capital. The FRSC officer explained that the accident involved a Toyota Previa marked KSF 145 HN and a Toyota Avensis with registration number AAA 301 HN. Ahmed Umar said the accident occurred at 6:35 p.m. and was caused by excessive speed and loss…

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Three Children of Same Parents Drown in Lagos Pool

Ganiyu Amodu

How father, Mother of the deceased fainted after news of the tragedy A yet-to-be-identified couple have been inconsolable after their three children drowned in a swimming pool on their estate in the Ajah area of Lagos State. It was gathered that both husband and wife had gone for an event when the three children left their house to swim in the pool. It was, however, learnt that some residents, including security members on the estate, found the children lying motionless in the pool. A source said immediately the children were…

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Sahara Power Deepens Environmental Sustainability With gree’n’lectric

Ganiyu Amodu

The launch of gree’n’lectric, a wholly digital publication dedicated to promoting environmental sustainability in the power sector, will bolster Sahara Power Group’s resolve to seeking environmentally relevant options and solutions in its operations, Ejiro Gray, Director, Governance and Sustainability, Sahara Group has said. Speaking at the launch of the publication at Egbin Power Plant, Gray said Sahara Power, a Sahara Group company which connects over 30 million homes to power in the nation, considers access to clean, safe, and reliable energy as critical goals of the organization. According to Gray,…

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Fuel shortage, inflation’ll weaken Nigeria’s economic growth – World Bank

Abibat Babalola

The World Bank has said that fuel shortage and rising inflation will likely restrain economic growth in Nigeria. It said this in the June 2022 edition of its Global Economic Prospects report. The financial institution had projected that Nigeria’s economy would grow by 3.4 per cent in 2022 but decline to 3.2 per cent in 2023 and 2024. For the first quarter of 2022, the National Bureau of Statistics reported a 3.11 per cent growth, which is still less than the World Bank’s growth projection for Nigeria. READ ALSO: NDLEA…

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BREAKING: Chief Justice of Nigeria, Tanko Muhammad, Resigns

Aliyu Aliyu

Chief Justice of Nigeria (CJN), Justice Tanko Muhammed, has resigned after days of intense battle waged against him by his colleagues at the Supreme Court, who accuse him of sundry infractions in office ranging from corruption to high-handedness.  Details of the development, appears scanty at the moment, but indications to this came via a breaking news on Arise TV breakfast programme, The Morning Show, on Monday morning, attributing the information to sources.  There has been ruckus at the apex court, after 14 justices rose against the CJN over alleged mismanagement of funds and absence…

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How Missing Nigerian Ambassador Was Found Dead in US – Police

ADESUPO OSOSANYA

The 70 year-old late ambassador acted, from February to August 2009, as the Assistant Secretary-General at the UN    Police in Tuckahoe, New York, United States have found the body of a former Nigerian diplomat, Ambassador Ejeviome Otobo, who was last seen in the community on June 15. The Tuckahoe Police Department on June 19 announced in a Facebook post that Etobo was missing and requested information from the public. READ ALSO: Ekweremadu: David Nwamini Is 21 Year-Old – Nigeria Immigration NDLEA arrests Brazilian returnee with cocaine in private parts…

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