PETROLEUM and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has petitioned President Goodluck Jonathan, urging him to personally intervene in the alarming crude oil theft and pipeline vandalism in the country, to save the nation’s economy from collapse.

Kenya has offered its 46 newly-discovered oil blocs for interested Nigerian investors in the oil and gas industry to develop.

She looked at the monstrous machine with sadness written all over her face. She quickly snapped out of shock and put on her thinking cap. Before her was what one could rightly describe as a sleeping giant, a massive rice mill capable of producing 180 tonnes of rice daily, lying fallow at Elele Alimini in Rivers State.

Barrister Nkechi Chukwueke Onyedim, is a young woman with many colours; a former governorship candidate under ANPP, Lagos, legal practitioner, public analyst, politician, business woman and National Co-ordinator, Child-Mother Welfare Development Centre. She is among the few women in the society that believes a woman can achieve more than men if they would possess a strong will despite environmental, religious and cultural challenges. In this chart with Saturday Vanguard Business, she encourages Nigerian women to come out and fight for their fair share even she advises government to do more on women empowerment.

FUMMAN Agricultural Limited, producers of Fumman juice brand, has emphasized the pivotal role of agriculture in engendering development in the industrial sector. Its core focus is to make humble contribution to the growth of the country’s agricultural raw materials, using the right volume and quality of raw materials at the right times, location and prices that are agreeable to our needs.

Interstate Electrics (IE), which won the bid for the Enugu Electricity Distribution Company, DISCo, is said to have completed the payment of the 75 percent balance for the electricity firm.

Stakeholders in the rail transportation sector are gearing up towards a more efficient freight system in the country. The stakeholders, which include Nigeria Customs Service, NCS, Nigeria Ports Authority, NPA and Inland Container Nigeria Limited, ICNL have all expressed their readiness to partner with the Nigeria Railway Corporation, NRC, to explore better ways to make the rail freight system more efficient.

Guaranty Trust Bank and Standard Chartered Bank led nine other local and international commercial banks in the provision of a loan facility to Dangote lndustries Ltd to the tune of $3.3billion for the purpose of constructing the biggest Petroleum Oil Refinery & Petrochemical/ Fertilizer Plants in Nigeria.

Nigerian traders and exporters of shea nut/butter and sesame seeds from Nigeria have began to acquire modern skills and advanced processing methods to increase the Gross Domestic Product (GDP) that accrue from the agricultural produce to the nation.

Bank of Industry (BoI) has siad that it is partnering with the National Agency for Food and Drug Administration and Control (NAFDAC), on free training of local producers on the specifics of regulatory requirements for exports to the US under the African Growth and Opportunity Act (AGOA).

SHAREHOLDERS of Vitafoam Nigeria Plc have given approval to the Board of Directors of the company to raise additional N4 billion capital to enhance its operations.

SUBSEQUENT to increased cotton and lint demands from local textile industries as well as exports, Arewa Cotton, a Nigerian natural fibre company, based in Abuja, has signed a tripartite memorandum of understanding (MoU) with the Federal Government and Ogun State government on the improved production and marketing of cotton.

Manufacturers, under the auspices of Manufacturers Association of Nigeria, Ogun State Chapter, have called on both the federal and state governments to accelerate the implementation of the recently reviewed industrial incentives.

The Nigerian Institute of Management, yesterday, said Nigeria’s corporate existence is being threatened by the many leadership and governance challenges besetting the country.

Apapa Area1 Command of the Nigeria Customs Service, NCS, and the Management of the APM Terminals Apapa Limited are presently engaged in war of words over the health condition of the physical examination bay at Apapa port. The Command’s Customs Area Controller, CAC, Charles Edike, had taken some journalists to port to inspect the facility following claims by APM Terminal that they have provided the Service with new examination bay.