Tag: 2021

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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JUST IN: U.S. to pick 200 Nigerian Women for ’21 Women Entrepreneurs Scheme

Adeola Yusuf

How to apply for the AWE initiative available for women in 17 southern states + deadline for portal closure   200 participants will be selected from the 17 states of southern Nigeria for the 2021 Academy for Women Entrepreneurs (AWE), a U.S. Government initiative that supports women entrepreneurs around the world. The U.S. Consulate General in Lagos, which announced this in a statement to Platforms Africa, maintained that it has partnered Ascend Studios Foundation to implement the 2021 Academy for Women Entrepreneurs (AWE), now in its third year. “As part…

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