Lawyer loses bid to stop NBA probe
A Lagos-based lawyer, Mr Victor Otuyemi, has lost his legal battle to stop the Professional Ethics and Disciplinary Committee of the Nigerian Bar Association, NBA, Ikeja branch, from investigating him on allegation of N5 million frauds, levelled against him by a business woman, Mrs. Titilayo Okuyiga.
May Day: Delta NLC, PPMC to sell kero at N50
WARRI: AS part of today’s May Day celebration, Delta State Council of Nigeria Labour Congress, NLC, is partnering with Warri office of the Petroleum Products and Marketing Company, PPMC, to sell kerosene at the government regulated pump price of N50 per litre.
Auto warranty in Nigeria: Any guarantee? (2)
If the average price of a new vehicle in Nigeria is N3m and N240billion is reportedly spent on new vehicles annually, it follows that N22.8 billion is the worth of manufacturers’ warranty in the Nigerian automobile industry annually. Used (tokunbo) vehicle warranty should be more! The question is: how much of this is actually disbursed in terms of parts and labour? Where does this huge amount of money in warranty value go to?
Fuel subsidy scam: Ascon absolves self of wrong doing
An indigenous oil firm, ASCON Oil Company Limited, has absolved itself of any wrong doing in the fuel subsidy scam. Ascon, in a statement, yesterday, denied being part of the oil cabal allegedly engaged in shady deals and milking the nation of the various amounts government paid on oil subsidy.
Vandrezzer Energy stakes its claim
Soaring like an eagle in the Nigerian oil and gas sector is Vandrezzer Energy Services Limited. A first encounter with the name seems to speak of a German root but, VANDREZZER is a Nigerian company which has passionately embraced the local content initiative which has imbued it with the vision to excel.
