From the monthly archives: December 2011

PTDF stresses local talents development

On December 27, 2011 · In Energy

The Executive Secretary of the Petroleum Technology Development Fund PTDF, Mallam Muttaqua Rabe Darma, has announced plans to expand its home-grown avenues for developing talents for the nation’s oil and gas industry, even as the Fund aims to end its popular Overseas Scholarship Scheme, OSS, by the year 2013.

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Metering: NERC inaugurates committee to check consumer exploitation

On December 27, 2011 · In Energy

The Nigerian Electricity Regulatory Commission, NERC, has inaugurated a committee that will investigate corrupt, exploitative and illegal practices through inadequate or poor metering by staff of the electricity Distribution Companies, DISCOs.

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NIESV boss advocates virile mortgage system to solve housing crisis

On December 27, 2011 · In Homes & Property

Against the backdrop of over 16 million housing units required to provide decent shelter for homeless Nigerians, the President of the Nigerian Institution of Estate Surveyors & Valuers, NIESV, Mr. Bode Adediji has called for the establishment of a virile, sustainable and non-elitist mortgage system in the country.

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Violence against contractors hampers electrification goal – Nnaji

On December 27, 2011 · In Energy

The Federal Government has vowed to by pass any community whose interferences have retarded the pace of work in electrification programme throughout the country.

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Akande blames security crisis on FG

On December 27, 2011 · In News

National Chairman of Action Congress of Nigeria,ACN, Chief Bisi Akande, has blamed the crisis in the country on the over concentration of power at the centre.

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Tokyo warns of fresh crisis in Oyo NUTRW

On December 27, 2011 · In News

FEW days after a Federal High Court in Ibadan restrained the Oyo State Police Command from threatening the Chairman of the banned National Union of Road Transport Workers, Alhaji Lateef Akinsola with arrest for the mayhem which claimed scores of lives in Ibadan, he has alerted the police of an impending violence by alleged sponsored political urchins.

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REDAN, FCTA reach agreement over Abuja demolitions

On December 27, 2011 · In Homes & Property

The battle between the Real Estate Developers Association of Nigeria, REDAN and Development Control Agency of the Federal Capital Territory Authority , FCTA over the demolition of some estates built by REDAN members, has been resolved with both parties agreeing to stop further demolitions of built-up estates in Abuja.

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Bayelsa: Seriake Dickson and restoration 2012 agenda

On December 27, 2011 · In Viewpoint

THE clock is ticking fast and Bayelsans are already counting down to the governorship elections scheduled for February 11, 2012. The political bedlam that followed Governor Timpre Sylva’s disqualification from the Peoples Democratic Party (PDP) governorship primaries is fast fading out.

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Living Above Nigeria’s Means

On December 27, 2011 · In Editorial
Cartoon-Implementation

THE Federal Government has no apologies for borrowing at home and abroad to finance the 2012 budget which it calls “the Budget of Fiscal Consolidation”. Only those who coined the phrase can explain it. The level of borrowing to fund the budget and the fact that 72 per cent of the budget would be spent on recurrent expenditure qualifies it for the tag of “Budget of Consumption”.

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First Bank assures on seamless services

On December 27, 2011 · In Business

Nigeria’s foremost financial institution, First Bank of Nigeria Plc has said it would facilitate cashless transactions and provide platforms for various financial transactions during the London 2012 Olympic Games through its alternative banking channels.

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Privatisation of PHCN on course – BPE

On December 27, 2011 · In Energy

The Bureau of Public Enterprises (BPE) has revealed that the privatization of the Power Holding Company, PHCN, is on course, adding that negotiations were ongoing to address workers welfare with the various unions.

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Kia launches Korea’s first production electric vehicle

On December 27, 2011 · In Motoring
Kia car

Kia Motors introduced Korea’s first electric vehicle on Thursday, with the launch of the new Kia Ray EV – a zero-emissions city car with lively performance and a range of up to 139 km (86 miles) on a single charge.

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Mutu assures on completion of N20bn NDDC road project

On December 27, 2011 · In News

Member Representing Bomadi/Patani federal constituency in the House of Representatives, Mr Nicholas Mutu, weekend, said the N20 billion Niger Delta Development Commission, NDDC, Gbaregolor-Ezebiri Road project, would be completed on schedule.

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Spillage: Senate c’ttee recalled

On December 26, 2011 · In News

MEMBERS of the Senate Committee on Niger Delta and environment have been recalled from the Christmas and New Year recess following the spillage of about 40,000 barrels of crude oil at Bonga oil field.

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