NNPC DEBT CAUSING HICCUP IN PETROL SUPPLY

NNPC DEBT CAUSING HICCUP IN PETROL SUPPLY The Nigerian National Petroleum Company Limited (NNPC) has said it is grappling with severe financial challenges as it battles mounting debt to petrol suppliers, raising concerns over the sustainability of the nation’s fuel supply. In a press statement released on Sunday by the Chief Corporate Communications Officer, Olufemi Soneye, NNPC acknowledged reports circulating …

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ATIKU DEMANDS IMMEDIATE LISTING OF NNPCL IN STOCK EXCHANGE

ATIKU DEMANDS IMMEDIATE LISTING OF NNPCL IN STOCK EXCHANGE Former vice president, Atiku Abubakar, has called for the immediate listing of the Nigerian National Petroleum Corporation Limited (NNPCL) on the stock exchange in line with the Petroleum Industry Act. Atiku in a statement signed by his spokesperson, Paul Ibe, said this in reaction to the decision of the NNPCL to …

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REVEALED: VESSELS LINKED TO DANGOTE’S BROTHER TO DELIVER IMPORTED FUEL FROM MALTA AMID BILLIONAIRE’S ROW WITH NNPC

REVEALED: VESSELS LINKED TO DANGOTE’S BROTHER TO DELIVER IMPORTED FUEL FROM MALTA AMID BILLIONAIRE’S ROW WITH NNPCTwo Lagos-bound vessels linked to family members and friends of Dangote Refinery CEO Aliko Dangote are on course to deliver cargoes of imported premium motor spirit (PMS), also known as petrol, from Malta, we can authoritatively report after reviewing a cache of documents including …

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LABOUR REACTS TO FRESH INVITATION OF AJAERO, SECRETARY GENERAL

LABOUR REACTS TO FRESH POLICE INVITATION TO AJAERO, NLC SECRETARY The Nigeria Labour Congress (NLC) has expressed it’s dissatisfaction with a second police invitation extended to its President, Joe Ajaero, and General Secretary, Comrade Emmanuel Ugboaja. The labour union has described the move as an attempt at intimidation and a blatant witch-hunt by state authorities. The police, in a letter …

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L ABOUR PARTY AND CHALLENGE OF DEMOCRACY

LABOUR PARTY AND CHALLENGE OF DEMOCRACYDemocracy is based on popular participation of the people in their government. Internal democracy is a constitutional requirement which ensures the participation of the members of a political party in the affairs of their political party. This right is granted them by giving them the exclusive privilege to elect the members of their Party’s ruling …

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HOW TROOPS TACTICAL RETREAT LED TO BANDITS’ ACCESS TO MILITARY VEHICLE IN ZAMFARA

HOW TROOPS’ TACTICAL RETREAT LED TO BANDITS’ ACCESS TO MILITARY VEHICLE IN ZAMFARS – SOURCES Contrary to reports that terrorists loyal to notorious bandit kingpin Bello Turji captured a military Armoured Personnel Carrier (APC) in Zamfara State, fresh facts have emerged revealing a more nuanced situation. Credible local security sources in the North-Western state have informed PRNigeria that the terrorists …

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MARTIN CHUKWUWIKE EMERGES ENUGU PDP CHAIRMAN

MARTIN CHUKWUWIKE EMERGES ENUGU PDP CHAIRMAN Enugu State chapter of the Peoples Democratic Party (PDP) has elected a 39-member new State Executive Committee with a former Commissioner for Housing in the state, Dr. Martin Chukwunweike as the new Chairman..The winners were announced by the six-man PDP Enugu State Congress Electoral Committee led by Toni Iyoha..Others elected during the peaceful state …

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ODHIOMHOLE MOCKS OBASEKI WIFE’S CHILDLESSNESS, SAYS THEY DON’T LOVE CHILDREN

ODHIOMHOLE MOCKS OBASEKI, WIFE’S CHILDLESSNESS, SAYS THEY DON’T LOVE CHILDREN The former governor of Edo State, Adams Oshiomhole, has said Governor Godwin Obaseki and his wife Betsy Obaseki do not have love for children.The Edo North Senator, Oshimhole said this on Saturday, in a press interview with some selected journalists. The interview was uploaded by Television Continental (TVC), on its …

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BANDITS KINGPIN SEIZES NIGERIAN ARMY

BANDITS KINGPIN, BELLO TURJI SEIZES NIGERIAN ARMY’S VEHICLES, AMMUNITION DURING OPERATION Videos have surfaced online of bandit kingpin, Bello Turji and his gang celebrating taking over the Nigerian Army Armoured Personnel Carrier. Turji and his gang also took over lots of ammunition from the Nigerian Army during the seizure of the carrier. This was confirmed by a counterinsurgency and security …

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EKWEREMADU MAY COMPLETE HIS JAIL TERM IN NIGERIA

EKWEREMADU MAY COMPLETE HIS JAIL TERM IN NIGERIA In an exclusive revelation in Part 2 of the blockbuster docu-series: “Daniel vs Ekweremadu,” a highly-placed source close to the Nigerian Government has said a former Deputy President of the Senate, Ike Ekweremadu, will likely be returning to Nigeria quietly soon to serve the remainder of his 10-year sentence for human trafficking. …

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I DON’T GIVE A DAMN – EL RUFAI REPLIES CRITICS

I DON’T GIVE A DAMN – EL RUFAI REPLIES CRITICS Former governor of Kaduna State, Nasir El-Rufai, has reacted to those criticising him on social media, saying that their abuses and insults lack basis. The former governor said he did not “give a damn” over misinterpretation of his posts, as he added that his critics were judgmental of him “in …

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EDO GUBER ELECTION: FIVE POLITICAL PARTIES BACK APC CANDIDATE

:EDO GUBER ELECTION: FIVE POLITICAL PARTIES BACK APC CANDIDATE Ahead of the Edo State September 21 governorship election five political parties and their candidates on Saturday threw their weights behind the All Progressives Congress and its candidate Senator Monday Okpebholo. The political parties which gave their support to Okpebholo are the National Rescue Movement, the Alliance Peoples Movement, the Zenith …

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TOP TEN COUNTRIES WITH HIGHEST POPULATION OF NIGERIANS

TOP TEN COUNTRIES WITH HIGHEST POPULATION OF NIGERIANS Nigerians have established strong communities across various regions, particularly in North America, Europe, and Asia. This widespread presence has positioned them as the largest African population abroad, excluding French-speaking nations. The impact of the Nigerian diaspora is also felt economically, as they contribute significantly to the country’s financial inflows through remittances. However, …

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CBN SACKS THREE NIRSAL EXECUTIVE DIRECTORS

CBN SACKS THREE NIRSAL EXECUTIVE DIRECTORS The Central Bank of Nigeria (CBN) has terminated the appointments of all executive directors at the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL). The decision, approved by CBN Governor Olayemi Cardoso on Friday, marks the latest in a series of layoffs at the apex bank since his assumption of office last year. …

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ONE YEAR OF TINUBU’S MINISTERS

ONE YEAR OF TINUBU’S MINISTERS PRESIDENT Bola Tinubu has one of the largest cabinets in Nigeria’s history, comparable to Olusegun Obasanjo’s administration, which had 47 ministers in 1999. Despite his promise to appoint technocrats to drive his Renewed Hope Agenda, Tinubu’s cabinet appears to be a mix of politicians, loyalists, and a sprinkling of experts.One year after their appointment, it …

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