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
Recapitalisation: Banks Jostle To Attract Investors, Shareholders
Following the directive by the Central Bank of Nigeria (CBN) that banks should beef up their capital base with a deadline of March 31, 2026, the financial institutions, especially those listed on the Nigerian Exchange Limited (NGX) are positioning to attract both fresh investors and existing shareholders. This emerged as the Securities and Exchange Commission (SEC)
Word Bank lists conditions that may warrant cancellation of $1.5 billion loan to Nigeria
World Bank has warned Nigeria that it could cancel a $1.5 billion loan unless the country meets strict economic reform criteria, including fiscal transparency and VAT rate increases. Nigeria has taken initial steps like raising gasoline prices and launching cash transfer programs, but must fully comply with macroeconomic policies to secure the loan. The loan