NNPC releases 2019 audited financials, declares N1.7bn loss
…N803bn loss recorded in 2018 By Michael Eboh The Nigerian National Petroleum Corporation, NNPC, Thursday, announced the release of its 2019 Audited Financial Statement, declaring a loss of N1.7 billion, representing a 99.7 per cent decline from a loss of N803 billion recorded in 2018. In a statement in Abuja, the NNPC further stated that […]
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IDUMUJE-UGBOKO CRISIS: Factional groups urge Okowa to intervene
By Festus Ahon, Asaba Factional groups in the lingering crisis in Idumuje-Ugboko, Aniocha North Local Government Area, Delta State, have stormed the State Government House, Asaba, calling on Governor Ifeanyi Okowa to intervene and restore peace to the community. The two groups which arrived at the gate of the Government House in buses at the […]
15 coastal communities faulted over OML 40 oil field claim
By Paul Olayemi Three communities in Warri North Local Government Area of Delta State, Beresibe, Eghoro, and Ureju have faulted a publication from Fifteen riverine communities in Egbema Kingdom threatening to shut down operations at the Oil Mining Lease (OML) 40 in Gbetiokun oil field over non-recognition of their communities by the Nigeria Petroleum Development […]
ENDSARS Protests: Army warns subversive elements to desist from anti-democratic acts
…Vows to defend country & democracy at any cost …Affirms unalloyed loyalty to President Muhammadu Bihari and Constitution By Kingsley Omonobi Against the backdrop of continued EndSARS protests across the country, the Nigerian Army has said it is ready to fully support the civil authority in whatever capacity to maintain law and order. Army Headquarters […]
FEC Okays N33.1bn for roads, railway, e-government
…Approves policy on virtual engagement By Johnbosco Agbakwuru – Abuja The Federal Executive Council, FEC, on Wednesday approved over N33.1 billion for the award of contract for the reconstruction of Apapa-Oworonsoki-Ojota Phase Section 2, and the dualisation of Kano-Maiduguri road. The money also covers the supply, deployment, installation, testing and commissioning of security equipment for […]
Edo assembly recalls impeached Speaker, commutes impeachment to resignation
By Ozioruva Aliu THE Edo House of Assembly Wednesday recalled the impeached and suspended former Speaker of the House of Assembly, Hon Frank Okiye and then reversed his recent impeachment to resignation. At plenary Wednesday which was presided over by the new Speaker, Hon Marcus Onabun, a motion to that effect was moved by Majority […]
