The Federal Operations Unit (FOU), Zone ‘A’ Ikeja, Lagos of the Nigeria Customs Service (NCS), intercepted various contraband with a duty paid value (DPV) of Four Billion, Four Million, Two Hundred and Fifty Eight Thousand, Three Hundred and Thirty One …
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No fewer than five thousand job opportunities have been created by the just commissioned Kaduna Inland Dry Port following its commencement of operations. It has the capacity to handle 29,000 TEUs of containers yearly at the first phase of operation …
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In line with Nigeria’s national policy on Public Private Partnership(PPP), Federal Government has begun the procurement process for Ibom Deep Seaport(IDSP) project to ensure that it meets the planned development targets. To this end, reputable private sector investors and concessionaires …
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Signs agreements to procure 5,000 new commercial buses Says Lagos needs one million housing units per annum In a well-defined vision to lift thousands from the cycle of poverty and unemployment, Lagos State Governor, Mr. Akinwunmi Ambode, has revealed a …
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Eko Disco tenders apology to residents The Nigerian National Petroleum Corporation (NNPC) is set to begin repairs on the burnt Excravos-Lagos Pipeline System, which disrupted gas supply to five power stations, media has learnt. The national grid collapsed last Tuesday …
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The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said the pump price of petrol across Nigeria will remain unchanged from N145 per litre, adding that there is an existing presidential directive that it must remain at that …
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A warehouse belonging to the Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone ‘A’ was yesterday gutted by fire destroying several vehicles. The warehouse which was filled with seized vehicles and foreign parboiled rice occurred Thursday at about noon. …
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Kachikwu: Presidential C’ttee will decide on retention of petrol at N145/ltr Senate backs down, keeps mum on subsidy issue The price of crude oil rose further Thursday exceeding $68 per barrel, its highest since May 2015, supported by unrest in …
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The Court of Appeal sitting in Abuja and presided over by Justice Abdu Aboki, has delivered a judgment, declaring Mr. Chinedu Okoronkwo, as the National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN). The court dismissed the appeal …
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A former President of the Nigerian Bar Association (NBA), Dr. Olisa Agbakoba (SAN), has declared the 2018 Appropriation Bill unconstitutional and called on the National Assembly not to consider it. In separate letters to the Senate President, Dr Bukola Saraki, …
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Senate denies receiving loan request from executive to pay marketers Damilola Oyedele and Chineme Okafor in Abuja Oil marketers in Nigeria may have opted to lobby the federal government to consider and grant them some form of tax holidays and …
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According to TCN, the second system failure occurred when the Odukpani-Ikot Ekpene 330kV transmission line tripped, cutting off electricity generation and transmission from the Odukpani power station to the grid. A statement Wednesday by the company’s General Manager, Public Affairs, …
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• Expresses disappointment with pace of work The Minister of State for Aviation, Mr. Hadi Sirika, Tuesday disclosed that the new terminal currently under construction at the Nnamdi Azikiwe International Airport, Abuja would need additional $400million to $500 million to …
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• FG hikes train fare President Muhammadu Buhari will tomorrow commission 10 new coaches and two locomotives for Abuja-Kaduna standard gauge rail line as well as an inland dry port in Kaduna. This is coming as the federal government has …
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For several hours on Tuesday, the Minister of State for Petroleum, Ibe Kachikwu, Chief of Staff to President Muhammadu Buhari, Abba Kyari, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, and oil marketers, met in the …
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Clearing agents operating at the Tin-Can Island Port and Terminal Multipurpose Limited (PTML) Tuesday escaped death as the office complex was razed by fire. The office complex which was densely populated was rented out by a subsidiary the Nigerian Ports …
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An Ijaw socio-political group, Patriots of Ijaw Nation (PIN), has called on President Muhammadu Buhari to approve the Zabazaba Deepwater Project in order for the country to reap its huge economic benefits and boost local content in the oil and …
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Irked by the alleged secret recruitment by the Nigerian Ports Authority (NPA), some concerned workers of the organisation have sought Federal Government’s intervention in the controversial employment process. The petition, dated 28th December, 2017, obtained by The Guardian, was tagged, “Request …
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• Promises to fund Oyo-Ogbomosho, Lokoja-Benin roads, others from N116.67bn Sukuk facility • Downplays agitations for restructuring, says ‘no human edifice is perfect’ • Asks Nigerians to shun ethnicity, religion as election approaches President Muhammadu Buhari has vowed to deal …
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Says NNPC’s inconsistent pricing method caused $90m loss in 2015 Between 2011 and 2015, which represented an auditing period of five years, Nigeria earned a total of $268.8 billion from mining and sales of oil and gas from her fields …
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