The delivery date for the completion of the $700m Obiafu-Obrikom-Oben gas pipeline project, popularly called OB3, has been shifted from March 2024 to August, as the Nigerian National Petroleum Company Limited announced its readiness to complete the facility. On February 28, 2024, The PUNCH reported that the Federal Government had declared that the project would
Bad Economy: Indian steel maker plans Nigeria exit after $30m investment
Following the troubling economic situation in Nigeria, Aarti, an Indian steel maker is reportedly planning to exit the Nigerian manufacturing sector. If this becomes a reality, Aarti will now join the long list of companies leaving the country on account of economic woes. The Ogun State-based steel maker, according to Businessday, has already been put
Dangote accuses IOCs of crude oil price manipulation, claims firms sabotaging refinery
Devakumar Edwin, the Vice President of Oil and Gas at Dangote Industries Limited (DIL), has accused International Oil Companies (IOCs) in Nigeria of actively trying to undermine the Dangote Oil Refinery and Petrochemicals. Edwin made this disclosure to a group of Energy Editors at a one-day training programme organised by the Dangote Group. Edwin stated that
Williams Ruto Addresses the Protestant Kenyan Youths (video)
After days of relentless protests by Kenyans, the President, William Ruto, has spoken. In his words ” “I am very proud of our young people, they have stepped forward tribe-less and fearless and we will engage them to make our Nation better” We’re going to have a conversation.. What i want to assure them is
Peter Obi Eulogizes Emeka Nnadi, makes Example of Him (pictures)
His Excellency, Peter Obi has Eulogized the Canadian-based Nigerian, Emeka Nnadi whose street was named after him in Canada. He wrote below : “I recently read an inspiring story about a Canadian-based Nigerian, renowned architect and community leader, Emeka Nnadi, who had a community park named after him in Winnipeg’s Bridgwater, Canada, due to his immense
Abure & Apapa Unite fight Peter Obi, NLC chairman
The Apapa faction of the Labour party has reconciled with Abure, aiming to present a unified opposition against Peter Obi . Apparently weary of the leadership struggle between the Julius Abure-led Labour Party (LP) and his camp, the Deputy National Chairman, South, of the LP, Lamidi Apapa has collapsed his faction and accepted Abure as
A Nation in Severe Pain, Tinubu heading in the Wrong Direction
A NATION IN PAIN… It should be obvious to most reasonable Nigerians that the government of PRESIDENT BOLA TINUBU is clearly headed in the wrong direction and that only a miracle can avert the cataclysmic conundrum ahead of us. How the night would be can be foretold in the morning. Only the worst of optimists
Godswill Akpabio Doesn’t Deserve to be Senate President – Nigerians Fume
Majority of Well-meaning Nigerians have frowned at the current senate President of Nigeria, Senator Godswill Akpabio whose uncouth statements since inception are becoming unbearable and unbecoming of a person occupying such a seat. Akpabio who’s still yet to answer for the massive corruption charges hanging on his neck from the EFCC now seems to find joy
SIM Fubara Appoints new Chairman, Rivers State Council of Traditional Rulers (pictures)
The Governor of Rivers State, Sim Fubara has refused to renew the appointment of the chairman of the Rivers State council of Traditional Rulers. According to the Governor, the ousted chairman produced a 2024 calender without the picture of the Governor nor the Deputy Governor which clearly shows he is not ready to work with the
Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery
Experts have indicated that the commencement of production at the Dangote Petroleum Refinery may not lead to a substantial decrease in petrol and diesel prices. Despite the refinery’s strategic location in Lagos , Nigeria , the input costs for its operations are heavily import-dependent, and the volatility of foreign exchange rates is expected to hinder any