Bayelsa plans ‘regulatory shock therapy’ for oil companies—Commissioner
IT is not going to be business as usual for the oil multinationals operating in Bayelsa State if the current move by the state government to save the state troubled environment is anything to go by. Commissioner for Environment, Mr. Iniruo Wills, who is also Chairman, Bayelsa State Inter-Ministerial Committee on the Environment, weekend, led other stakeholders on a tour of the troubled creeks of the state and spoke on the administrative, regulatory and legal enforcement measures being proposed by the state government to compel environmental best practice by the petroleum industry and other major operators in the state.
Contributory pension fund hits N4.7 trillion
The nation’s Contributory Pension fund has hit a N4.7 trillion mark which have now provided Money Deposit banks with stable deposits with which they can to lend on long-term basis.
PVC: How you can vote if you have relocated
Many Nigerians would not vote in the forthcoming general elections simply because they have relocated from where they were originally registered. That, however, needs not be the case as the Electoral Act and the Independent National Electoral Commission, INEC have instituted regulations to guide the transfer of voters from one constituency to the other.
NLC crisis: How election was manipulated, by 23 aggrieved unions
THE 23 aggrieved unions which Saturday rejected the outcome of Nigeria Labour Congress, NLC election, have given more reasons why they are rejecting the results of the election, insisting they are planning for a special delegates conference this Saturday to reflect the true wishes of the Nigerian workers.
Will PDP or APC rescue the economy?
The 2015 election is barely two weeks away and yet, not even close followers of events in the political space can satisfactorily articulate distinctive differences in the ideology of the two major contestants. Instead, Nigerians have been fêted to a reality edition of an otherwise Nollywood dramatization of a “rofo rofo fight” between two wives in a polygamous setting. Ironically, the protagonists expect the favoured husband to make the louder and less civil combatant his favorite!
Ogboru’s critical assignment in Delta
NO question, Great Ovedje Ogboru will easily fall within the pantheon of Delta state’s political icons. This venerated stature remains something of a mystery. For one, Ogboru has neither been a governor nor held a political position in the state. Yet, he commands a totemic followership that confounds. Indeed, in Delta state, Ogboru is simply […]
IEA sees renewed pressure on oil prices as glut worsens
Oil prices might have stabilized only temporarily because the global oil glut is worsening and U.S. production shows no sign of slowing, the International Energy Agency said on Friday. The West’s energy watchdog said the United States may soon run out of spare capacity to store crude, which would put additional downward pressure on prices.
How banks lost N199bn to e-fraud in 13yrs
Nigerian banks lost a total of N199 billion to electronic related fraud between 2000 and 2014, mostly due to inappropriate and reckless management of customers’ data.
AIG re-organizes C4I operations in Rivers
PORT HARCOURT—ASSISTANT Inspector- General of Police, AIG, Zone 6, Mr Tunde Ogunsakin, has ordered that members of a special unit of the Police in Rivers State, code named C4I, should no longer be deployed to provide security at political rallies in the state.
Increase Nigeria’s capacity to generate employment, NIM tells FG
The Nigerian Institute of Management, NIM, has emphasised the need for the Federal Government, as well as other policy makers to focus on increasing the capacity of the Nigerian economy in generating employment while also repositioning the country’s educational system in line with the demands of growth and development.
Flying Eagles skipper: They begged me to miss penalty
Flying Eagles skipper Musa Muhammed said Cote d’Ivoire players begged him to throw away his second-half penalty in Saturday’s final AYC Group A match in Mbour.
