Nigeria loses N7.6tr to faulty agreements with IOCs — Kachikwu
ABUJA—THE Minister of Petroleum Resources, Dr. Ibe Kachikwu, yesterday stated that Nigeria lost about $21 billion (N7.6 trillion) to International Oil Companies, IOCs, operating in the country due to non-implementation of the Production Sharing Contract, PSC, Act of 1993, otherwise known as the Deep Shore Act.
Falana, Ajulo disagree as NGO Bill breeds different strokes
THE divergent dispositions to the bill for an Act to provide for the establishment of Non-Governmental Organisations,NGOs, Regulatory Commission, surprisingly took a different dimension yesterday in the human rights community as leading activists took opposing positions.
Ikeja Electric rewards 25 loyal customers
IN a bid to give back to its customers, the management of Ikeja Electric (IE) yesterday rewarded 24 customers on its network with a free 4,000 monthly units recharge for a period of one year.
Reps order Intels to remit multi-million dollar dues owe NPA within 24hrs
THE House of Representatives yesterday ordered management of Intels to remit the multi-million dollar revenue accrued from pilotage service contract into the Treasury Single Account, TSA, within 24 hours.
2019: I’m not after Osinbajo’s job – Tinubu
National Leader of the All Progressives Congress, APC, Asiwaju Bola Tinubu has described as fake news a newspaper report that he is to pair President Muhammadu Buhari in the 2019 presidential ticket of the party.
Haulage companies sue firm over non-payment for services rendered
Three haulage services companies, Kobbs Global Services Nigeria Limited, BJA Global Solutions Limited and Minmax Universal Concept Limited, have filed three different suits against Murphy Express Logistics Limited before a Rivers State High Court sitting in Port Harcourt, claiming various sums of money as payment for services rendered for which they have not been paid.
