Economy can’t sustain subsidy – Kachikwu, NNPC boss
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Emmanuel Kachikwu, and other stakeholders argued, yesterday, that fuel subsidy was an unsustainable drain on the economy and called for speedy deregulation of the nation’s oil and gas sector.
Afren’s insolvency: Bondholders could recover 6% of their principal —Rencap
Renaissance Capital, Rencap has disclosed that Afren Plc has been placed in administration, predicting that bondholders could recover 6 per cent of their principal if the company ceases to exist.
When will this decimation of Imo state stop?
THE demand for autonomous communities will never stop, especially in Imo State, the more they create the more attractive it becomes for the agitators to ask for more and we are gradually atomicized into such tiny pieces of people, that do not qualify for an autonomous community properly so called.
NBA tasks NASS on laws protecting electricity consumers
THE Nigerian Bar Association, NBA, Aba Chapter, has called on the National Assembly to make laws banning electricity companies from extorting residents through estimated bills and fixed charges.
DPR seals 22 fuel stations in Jos
The Department of Petroleum Resources, DPR, in Plateau State has clamped down on fuel stations in Jos and Bukuru for non-compliance with official price for fuel and conniving with black marketers to defraud consumers.
Communities fight over Ekwulobia prison land ownership
Inter-communal clash is currently looming in Aguata Local Government Area of Anambra State, following a fresh dispute between Ekwulobia community and Ezinifite community over the ownership of the land where Ekwulobia prison was built.
5 winners emerge in Startimes trip to Germany
ABUJA—Five lucky winners have emerged in the StarTimes first draw in the ongoing Win a Trip to Germany promo. Fifty winners also emerged from the draw for LED TV prize and 100 winners for 2. 5 KVA generators. At the end of the draw, 200 winners for Solar 5 smart phones also emerged.
Rivers govt begins payment of arrears to pensioners
PORT HARCOURT— GOVERNOR Nyesom Wike of Rivers State said yesterday that his government had commenced payment of arrears owed pensioners in the state The governor who disclosed this in Port Harcourt, said all of them would have been paid before the end of next week.
Delta communities shut flow station over alleged breach of agreement
WARRI—YOUTHS and women of Kokodiagbene, Okerenkoko, Akpatagbegbe, Akpataegbemu and Omadino, Warri South-West Local Government Area, Delta State, yesterday, shut down the operations of the Nigeria Petroleum Development Company, NPDC, in the Jones Creek oil field.
Nigeria, Egypt, Australia, 3 others sign MoU on marine certification
The Nigerian Maritime Administration and Safety Agency, (NIMASA) has signed a Memorandum of Understanding, (Mou) with Egypt, Australia, Bahamas Vietnam, and Dominican Republic on the certification of cadets.
Focus on families, as Jehovah’s Witnesses’ convention starts
Starting this month and continuing till December 20th, Jehovah’s Witnesses every weekend will be featuring resources that will assist families throughout Nigeria to be stronger and more united. This is the focus of their 2015 three-day annual regional convention with the theme “Imitate Jesus!”
