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Why rotation, zoning and federal character matter (2)

Why rotation, zoning and federal character matter (2)

WITH the dawn of our renascent democracy in 1999, General Abdulsalami Abubakar who took over when General Sani Abacha died, was in the forefront of implementing the resolution of the Provisional Ruling Council, PRC, to put rotation, zoning and federal character into effect. He ensured that the Federal Character principle which had been enshrined in […]

Convention: FG attacks PDP, alleges destabilization bid

Convention: FG attacks PDP, alleges destabilization bid

The Federal Government yesterday launched an attack on the Peoples Democratic Party, PDP, for what it described as a plot by the opposition party to stop the convention of the All Progressive Congress, APC, through a court order and heat up the polity with ceaseless negative activities.

Telcos threaten telecom blackout in nine states

Telcos threaten telecom blackout in nine states

By Prince Osuagwu, Hi-Tech Editor Telecommunications operators in the country have warned that nine out of the 36 states of the federation may experience telecom blackout from today if President Muhammadu Buhari does not prevail on Kogi state government to unseal certain telecom infrastructures locked down in the state. The facilities, according to the telcos, […]

Production shut-ins down 70% to 2.22mb

Production shut-ins down 70% to 2.22mb

By Obas Esiedesa Nigeria’s oil production losses due to production and terminal shut-ins reduced by 70.44 percent in January, 2022, to 2.217 million barrels from 7.5 million barrels in  December, 2021,  a report by Nigerian National Petroleum Corporation (NNPC) Limited has disclosed. The figures reported by the NNPC Limited to the Federation Accounts Allocation Committee (FAAC) […]

FOREIGN INVESTMENTS: Nigeria loses to other African countries in oil, gas

FOREIGN INVESTMENTS: Nigeria loses to other African countries in oil, gas

Begs EU for more investments By Prince Okafor There are indications that foreign investors are sidelining Nigeria’s gas sector as other African countries attracted higher investments in the past 10 years. The Minister of State for Petroleum, Timipre Sylva, told a section of EU Ambassadors to Nigeria, that out of over $70 billion worth of investments […]