Former governor of Rivers state, Nyesom Wike, has described the Niger Delta Development Commission, NDDC, as a cash cow organisation that needs to be reviewed. Wike stated this while speaking at the groundbreaking ceremony of Governor Siminialayi Fubara’s N195.3bn Port Harcourt Ring Road
Oil marketers have commenced the importation of petrol into Nigeria. The chief executive officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, Farouk Ahmed, disclosed this at a crucial meeting of stakeholders in Lagos. He said of the 56 oil marketing
The lawmaker representing Anambra South Senatorial District, Ifeanyi Ubah said the South-East leaders are set to meet with President Bola Tinubu to discuss possibility of releasing Nnamdi Kanu. Ubah disclosed this while speaking in an interview on Channels Television’s Sunrise Daily on Thursday.
The Nigeria Labour Congress, NLC, has said the recent hike in the pump price of Premium Motor Spirit, PMS, commonly known as petrol, and other perceived anti-poor policies were weapons of war against Nigerian workers and masses. According to NLC, impoverishing workers and
The Nigerian National Petroleum Company Limited (NNPCL) has said that there have not been payments for subsidy on Premium Motor Spirit (PMS) otherwise called petrol or fuel to marketers since January 2016. It stated that It will reconcile subsidy deductions with the federation.
As apprehension over the anticipated 40 per cent increase in electricity tariff persists, the Chief Executive Officer of PowerCap Limited, Mr. Abiodun Ogunleye, has projected that consumers may be paying as high as N10,000 to vend for 100 units of electricity if the
A militant group, the Supreme Egbesu Freedom Fighters of Niger-Delta, SEFFND, has said it would mention the names of military officers involved in crude oil bunkering if the Federal Government has the willpower to investigate and prosecute the culprits. Self-styled General Commanding Officer
The Nigerian Electricity Regulatory Commission, NERC, is awaiting the approval of President Bola Tinubu before a new tariff regime is made public. The review of the Multi-Year Tariff Order, MYTO, which happens twice a year, is expected to lead to a rate increase
A gale of retirement of senior military officers across the Nigerian Army, Navy and Air Force is expected to take place in the next few days. This is according to an exclusive report this Wednesday morning by CKN News quoting a circular emanating
The Federal Government, on Monday, said six new companies have received approval to import petroleum products into Nigeria. The Managing Director of Nigeria Mainstream and Downstream Petroleum Regulatory Authority (NMDRA), Farouk Ahmed made this disclosure to state correspondents at the Presidential Villa. Farouk