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The Federal Government and Organised Labour will meet this evening over the recent hike in pump price of Premium Motor Spirit, PMS, commonly known as petrol that shocked Labour leaders and Nigerians in the wake of tension created by the September increment.
The National Information Technology Development Agency (NITDA) has reiterated its resolve to support the Nigeria National Petroleum Corporation (NNPC) to drive innovation in the petroleum sector.
He said market forces should determine the appropriate price for petrol whenever the commodity is deregulated in line with the best practices so as to avoid further corruption in the oil sector.
The organised labour Thursday insisted that the Federal Government should revert back to the old prices of petrol and electricity tariff, if not the strike will stand.
The All Progressives Congress (APC), has said that political actors that midwifed national rot cannot chart a way forward for the country.
Alhaji Popoola Ogundoyin, an Executive Member of Independent Petroleum Marketers Association of Nigeria (IPMAN), says that unless Nigeria produces petroleum products through its refineries, the problems in the petroleum sector will persist.
Oil marketers, under the aegis of Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), yesterday, kicked against attempts by some labour groups and trade associations to stage a protest march in opposition to the recent hike in the price of Premium Motor Spirit, also known as petrol.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Malam Mele Kyari, says the Final Investment Decision (FID) for Nigerian Liquefied Natural Gas (NLNG) Train 7 would be executed in December.
Ogun State Governor, Prince Dapo Abiodun, has stressed the need for the deregulation of the petroleum sector to make fund available for the construction of roads and provision of other basic amenities.
The Nigerian Governors’ Forum (NGF) has hailed and totally endorsed the appointment of Mr Melee Kyari as the new Nigerian National Petroleum Corporation (NNPC), even as the national oil company has equally expressed its readiness to continuously work with them in the urgent task of growing crude oil production, growing renewable energy and expanding the revenue base of Nigeria.
Nigeria and Senegal have agreed to strengthen their bilateral relation in the areas of economic, trade and industry tourism, security, defence, energy, agriculture and education, among others, Senegalese Foreign Minister, Sidiki Kaba said.
The Department of Weights and Measures, Federal Ministry of Industry, Trade and Investment, has sealed seven petrol stations in Warri and Asaba in Delta, for under-dispensing petroleum products.
“President Buhari should immediately allow the Economic and Financial Crimes Commission (EFCC) to commence Oshiomhole’s investigation, which has been stalled despite his indictment for allegedly stealing billions of naira belonging to Edo state.”
Manchester City booked their place in the last 16 of the Champions League but there were more concerns for Pep Guardiola over his side’s lack of ruthlessness in a 1-0 win at Olympiakos on Wednesday.
U.S. President-elect Joe Biden on Wednesday pleaded with Americans to take steps to remain safe as COVID-19 cases surge on the eve of the Thanksgiving holiday and pledged again to make combating the pandemic a top priority when he takes office in January.
A Niger Delta group, Vanguard for Transparent Leadership and Democracy (VATLAD), has condemned the desire of South-South governors to control the affairs of Niger Delta Development Commission (NDDC).
His post on WhatsApp reads: “Often time I ask myself, Why do people commit suicide? Perhaps because they’ve got no one to encourage, motivate or guide them or because they felt there is no solution to whatever problem they are going through. Perhaps they forgot there’s more to enjoy when there’s life (hope) is not lost”.
The United States will temporarily require visitors from Iran, Myanmar, and a number of African nations to pay up to $15,000 in visa bonds in a new hardline immigration measure enacted late in Donald Trump’s presidency.
International Money transfer company, WorldRemit, has launched its World Remit Entrepreneurs Programme in Africa.
The guests, which included his former aides as well as serving and former Governors from both the Peoples Democratic Party (PDP) and the ruling All Progressives Congress (APC), prayed for him and thanked him for the good things he has continued to do to promote peace and the image of the country since leaving office.
Plateau State governor, Simon Lalong Bako, has stated that the hosting of the 2020 Jos National Festival of Arts & Culture (NAFEST) is a confirmation that peace has been restored in the state as he also restated his conviction in the need for regulation of the social media.
Sterling Bank Plc has reported a trading income of N7.1 billion for the third quarter (Q3) ended Sept. 30, compared with N1.9 billion achieved in the corresponding period in 2019, notwithstanding the uncertainties caused by the COVID-19 pandemic and recent fiscal reforms by government
The Nigerian midfielder helped his side maintain their good start to the season as they edged Huddersfield in a seven-goal thriller at the Bet 365 stadium on Saturday.