Scramble for new NDDC Board: Buhari puts oil states in suspense
By Emma Amaize, Editor, NDV PRESIDENT Muhammadu Buhari’s decision, last month, to reconstitute the Governing Board of Niger Delta Development Commission, NDDC, has thrown up a fresh lobby for Chairman and Managing Director of the Commission with some of the oil-producing states, ethnic groups and influential political leaders in the region at each other’s throats. […]
Lack of PIB threatens FG’s 40 bbls reserves by 2025 — Investigation
THE Federal Government’s moves to add one million barrels yearly to Nigeria’s oil reserves, targeted at increasing the nation’s total reserves from about 37 billion to 40 billion barrels by 2025, have been threatened mainly because of lack of Petroleum Industry Bill, PIB.
CBN disburses N15bn to farmers under CACS in 12mths
The Central Bank of Nigeria (CBN) disbursed N15 billion to farmers in the 12 months ending November 2019 under its Commercial Agriculture Credit Scheme (CACS).
Building Collapse: CORBON Partners BIM, AUTODESK to digitise housing construction
In a bid to restore sanity to the built environment, the Council of Registered Builders of Nigeria, CORBON, has concluded plans to digitise housing construction with a view to checkmating the incessant incidents of building collapse in the country.
Nigeria, UK move to boost N2.3trn bilateral trade
Nigeria and the United Kingdom (UK) have commenced measures to boost bilateral trade between the two countries which reached N2.3 trillion in 2018.
Investdata’s 10 golden stocks returns 13.37%
Investdata Consulting Limited, an investment and wealth creation firm said that its 10 predictable golden stocks have yielded 13.7 percent returns on the average in five weeks, from December 9, 2019 to Friday, January 10, 2020.
Complete Imiringi Bridge before you leave, community begs Dickson
EXPECTATION that the construction of a new unity bridge to replace the collapsed one linking Imiringi, an oil and gas-rich settlement in Ogbia Local Government Area, Bayelsa State, will be completed in record time has turned a mirage.
Electricity Tariff hike: FG’s double standard
In December 2015, when the Nigerian Electricity Regulatory Commission, NERC, with the backing of the Federal Government, carried out the last upward electricity tariff review, it told Nigerians that the hike in the tariffs would bring about stable electricity supply and would finally resolve the problems of the country’s power sector.
Nigeria is gearing up for growth in oil, gas sector – SHIN
THE Managing Director of Samsung Heavy Industries Nigeria (SHIN) Limited, operator of Africa’s leading marine fabrication and integration yard in Lagos, Mr. Jeijin Jeon, has predicted robust economic growth for Nigeria.
Seplat puts smiles on faces of Imo flood victims
Seplat Petroleum Development Company Plc, a leading indigenous independent oil and gas company, has again demonstrated a commendable gesture in fulfilling its corporate Social Responsibility (CSR) by bringing smiles to those impacted by the recent floods in some parts of Imo State.
Nigeria to contribute 35% of Africa’s oil, gas pipeline
There are indications that Nigeria is expected to contribute around 35 per cent of Africa’s total planned oil and gas new-build trunk/transmission pipeline length additions between 2019 and 2023, according to GlobalData, a data and analytics company.
