The Minister of State for Petroleum Resources, Ibe Kachikwu has disclosed that the country requires about $1.2 billion (N377.7bn) to effect repairs of three refineries owned by the NNPC. Kachikwu made this known on Thursday in Abuja while interacting with newsmen.
Mike Ozekhome (SAN) To Sue President Buhari
Popular human rights lawyer, Mike Ozekhome has vowed to drag President Muhammadu Buhari to Court if he fails to make public, records of all recovered loots by the various Anti-Graft Agencies as well as security agencies. The Lawyer who made this known in a letter to the Acting President, Prof. Yemi Osinbajo maintained that records should be published in all national dailies and social media platforms.
Senate Stand Down Bill to Increase Petrol Price
The Senate at its sitting today stood down further consideration on the National Roads Funds bill, 2017.
340MW Of Electricity To Be Generated Before December- Fashola
The Minister of Power Works and Housing, Babatunde Raji Fashola (SAN) has disclosed that about 340 Mega watts of electricity will be generated and added to the National grid for onward distribution to consumers before the end of December, 2017. The Minister gave the hint on Thursday in Rivers State during an inspection tour of Afam Power Plant.
Transcorp Hilton Reopens For Business After Renovation
The Executive Floors and Lounge of Transcorp Hilton have been reopened after a remarkable renovation and redesign by a Swedish Interior Designer, Living Design. The Managing Director and Chief Executive Officer of the five star hotel, Valentine Ozigbo made this known to pressmen in Abuja on Tuesday.
Prices Of Rice, Other Food Stuffs To Fall In The Next Two Weeks- Ogbeh
The Minister of Agriculture and Rural Development, Audu Ogbeh, has announced that the price of rice and other food stuffs would fall within the next two weeks.
FG Set To Build Coal Power Plant With South African Firm
South African equity investor, Simang Group is set to partner the Federal Government and the government of Enugu state to revive the coal industry in the State. The partnership is set to boost the economy of the South East geopolitical zone with increased power generation through coal powered plants.
Nigeria Witnesses Q1 Growth In Export
According to the National Bureau of Statistics (NBS), the total value of Nigeria’s produce trade at the end of first quarter of 2017 was N5.292 billion.
Unemployment Rate Rose To 14.2% In 2016
A report of the National Bureau of Statistics (NBS) published yesterday on its website nigerianstat.gov.ng indicates that unemployment rate in the country rose to 14.2% in the fourth quarter of 2016.
Group Call For Installation Of Meters On Oil-Well Heads
A group, Publish-What-You-Pay Nigeria, PWYP, has called on regulatory authorities to install meters at the country’s oil well heads, for proper assessment of oil production in Nigeria.
Government’s New Policies To Favour Local Manufacturers – Lai Mohammed
The Minister of Information, Alhaji Lai Mohammed, has disclosed that the core of the present administration’s policies is to encourage local manufacturing of products including cars. The Minister made the disclosure during a tour of Innoson Motors factory in Nnewi, Anambra state.