Daily Archives: November 7, 2020

Marine Pollution Should Be Addressed From Producing Companies, Coastal Communities

Marine Pollution Should Be Addressed From Producing Companies, Coastal Communities

By Kenneth Jukpor The African Marine Environment Sustainability Initiative (AFMESI), a non-profit organization has urged the Nigerian government and other African nations to address the menace of plastic pollution on the marine environment from the producing companies and coastal communities. ...

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Managing Pipeline Vandalism In Nigeria

Managing Pipeline Vandalism In Nigeria

As the Nigerian National Petroleum Corporation (NNPC) revealed last week that only 38 percent of the over 5,120 kilometre owned by the state oil company is functioning, ithas become more glaring that the downstream infrastructure challenges in the country have ...

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How To Start A Real Estate Business In Nigeria

By Ayoola Olaitan Shippers Guide is the learning page of MMS Plus newspaper. Here you learn the 5Ws and most important ‘H’ on various aspects of shipping. This week, we will take you through a detailed process of how to ...

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Nigeria, OPEC Peers To Lose $272bn In Oil Revenue

Nigeria, OPEC Peers To Lose $272bn In Oil Revenue

Nigeria and other members of the Organisation of the Petroleum Exporting Countries will see their combined net oil export revenue fall this year to its lowest level since 2002, according to the United States Energy Information Administration. The EIA, in ...

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N11bn Padding Uncovered In FERMA Budget, MD Disowns Hike

N11bn Padding Uncovered In FERMA Budget, MD Disowns Hike

The Managing Director of the Federal Roads Maintenance Agency, Mr Nurudeen Rafindadi disowned the increment of the agency’s budget by N11bn, saying what was proposed for 2021 was different from what is presently before the National Assembly. Rafindadi had appeared ...

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We Need N6.26trn For 711 Road Projects-FG

We Need N6.26trn For 711 Road Projects-FG

The Minister of Works and Housing, Babatunde Fashola, says inadequate provision of funds is slowing down ongoing 711 highway projects worth N6.26trn road projects nationwide. He said this last week, while presenting the ministry’s 2021 budget proposal and the details ...

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FG Seeks N’Assembly’s Approval For Issuance Of N35bn Promissory Notes

FG Seeks N’Assembly’s Approval For Issuance Of N35bn Promissory Notes

The federal government on Thursday revealed plans to issue promissory notes worth N35.813 billion to 30 local contractors. The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed disclosed this during the 2021 budget defence held by the House ...

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CBN Stress Test Reveals Banks’ Vulnerability to Economic Headwinds

CBN Stress Test Reveals Banks’ Vulnerability to Economic Headwinds

A stress test conducted on 27 financial institutions under the regulation of the Central Bank of Nigeria (CBN) has shown that even though the banking industry solvency and liquidity position are still robust, the industry may be vulnerable under the ...

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BEARS: Tardy Sirika

BEARS: Tardy Sirika

The Minister of Aviation, Senator Hadi Sirika was turned back by the House of Representatives Committee on Aviation from presenting the Ministry’s 2021 budget proposal due to failure to forward the documents to the committee in advance. No blame game ...

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