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UPDATED: FG confirms another case of COVID-19

UPDATED: FG confirms another case of COVID-19

ABUJA—THE Federal Government yesterday confirmed another case of coronavirus in Nigeria, bringing to two the number of people who have tested positive to the disease.

Stop payment of 13% derivation through govs, HOSCO tells Buhari

Stop payment of 13% derivation through govs, HOSCO tells Buhari

NATIONAL leadership of  Host Communities of Nigeria, HOSCON, has told President Muhammadu Buhari to stop perceived illegal and unconstitutional payment of 13 percent derivation fund through state governors who are third line charge on the Federation Account and pay same directly to the host communities through the proposed Presidential Derivation Committee, PDC and State Implementation Committees, SIC.

MOMAN partners NNPC on petroleum products distribution

MOMAN partners NNPC on petroleum products distribution

The Major Marketers Association of Nigeria, MOMAN, at the weekend reiterated its continued partnership with the Nigerian National Petroleum Corporation (NNPC) to ensure seamless supply of petroleum products across the country. In a statement sent to Vanguard, Chairman of MOMAN, Mr. Tunji Oyebanji, who stated this in Lagos, urged the Federal Government to consider removing […]

Govt. yet to explore full potentials of gas — NSE chairman

Govt. yet to explore full potentials of gas — NSE chairman

*Puts cost of power at 40% By Elizabeth Uwandu Worried about the huge cost of power generation incurred by manufacturers, the Nigerian Society of Engineers, Apapa branch hosted a public lecture on, ‘High cost of energy in industrial sector- exploring the gas solution’. Speaking at the event, that saw new members inducted into the Society, […]

Facility Agreement: Lekoil moves to retrieve $450,000 paid to Seawave

Facility Agreement: Lekoil moves to retrieve $450,000 paid to Seawave

By Prince Okafor Following result of an investigation into the origin of Facility Agreement purportedly signed with the Qatar Investment Authority, QIA, Lekoil Limited, Nigeria’s indigenous oil and gas Company, has commenced steps to recover $450,000 paid to Seawave. In a statement obtained by Vanguard, Lekoil stated that the steps also include the issuance of […]

People Talk: On N2.9bn car loan approval  for Bayelsa governor  (2)

People Talk: On N2.9bn car loan approval for Bayelsa governor (2)

By Bose Adelaja, Olayinka Latona & Rose Chukwu “Bayelsa State is a developing state with about 8 local governments but one wonders why the House of Assembly members would decide to approve a whopping sum of N2.9b to purchase cars. “Are they saddled with the responsibility to make laws or waste public funds in order […]