The Minister of Humanitarian Affairs, Tanko Sununu, warned that millions are at risk of sliding deeper into poverty, especially in the North, which accounts for 65% of the country’s poor population, mostly smallholder farmers whose livelihoods have been wiped out by floods and drought. He noted that the World Food Programme recently suspended key operations […]
The Infrastructure Concession Regulatory Commission, ICRC, which issued the guidelines, said the reforms empower ministries, departments, and agencies, MDAs, with new approval thresholds of up to ₦20 billion for ministries and ₦10 billion for agencies and parastatals, as approved by President Bola Ahmed Tinubu. According to the Commission, the guidelines outline processes for preparing the […]
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, gave the assurance during an inspection of the NNPC/Chevron Nigeria Limited Joint Venture EGTL facility in Escravos, Delta State. Lokpobiri’s media aide, Nneamaka Okafor, in a statement, said incentives will ensure Nigeria remains an attractive destination for energy investments. “Since we assumed office, things have […]
Amid that, the Senate recently approved a new $21 billion external borrowing plan. The Co-founder of Citizen Monitors, Adeshope Haastrup, in a statement made available to newsmen, titled, “Unchecked Borrowings: Citizen Monitors Demands Transparency,” said“Debt isn’t the enemy, opacity is.” “Every kilometre of road, every classroom, every megawatt built with borrowed funds should be visible […]
The National President of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, disclosed in an interview. This fresh increase represents a N30 hike in the ex-depot price of petrol. “The new ex-depot price of petrol at the refinery is N850 per litre,”Maigandi said. He also confirmed that the plant has resumed the sale of […]
It was gathered that NNPCL retail outlets in Abuja have adjusted their fuel pump price to N955 per litre from N890. This is the case in NNPCL retail outlets along Kubwa Expressway, Wuse and other parts of Abuja. Similarly, the pump price hike has been implemented at filling stations in Kogi and Nasarawa. This means […]
Reports gathered that Empire Energy and Ranoil filling stations in Gwarimpa and other parts of Abuja have hiked their petrol pump price. Accordingly, Empire Energy and Ranoil filling stations increased their pump price to N935 and N970 per litre as of Saturday morning from N905 and N900, respectively. In an exclusive interview with the spokesman […]
The Nigerian National Petroleum Company Limited has officially ruled out the sale of the Port Harcourt Refining Company, reaffirming its commitment to completing high-grade rehabilitation and retention of the plant. Group Chief Executive Officer of NNPC Ltd, Bayo Ojulari, made the announcement during a company-wide town hall meeting at the NNPC Towers in Abuja, ending […]
The President of the Dangote Group, Alhaji Aliko Dangote, has announced his retirement as a Director and the Chairman of the Board of Directors of Dangote Cement, effective July 25, 2025 According to a statement Friday by the Group Chief Branding & Communications Officer, Anthony Chiejina, Dangote is relinquishing his position as chairman and retiring […]
It was observed that the state-owned oil firm has adjusted its petrol price to N890 per litre from N895. This represents an N5 per litre downward price review when compared to its earlier N895 pump price. NNPCL retail outlets along Kubwa Expressway, Gwarimpa, Wuse Zone 4, and others in Abuja have adjusted their pumps to […]