Vice President Yemi Osinbajo on Wednesday at the Presidential Villa, Abuja, met with Gov. Abdullahi Ganduje of Kano State over security issues in the state. Ganduje, who spoke with State House correspondents afterward, said he came to brief the vice president on efforts being made to address the challenges. He said that military was putting in its best and was being supported to keep criminals away from the Falgore forest. “Just to brief him about the security issues in Kano State, especially pertaining to kidnapping, banditry, armed robbery and other criminal activities in the zone. “I submitted a report to…
Author: Ayo Oye
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The Petroleum Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporations (NNPC), has announced a new ex-depot price of N151.56k for premium Motor Spirit (PMD) also known as petrol. It disclosed this in a memo signed by D.O Abalaka of Ibadan Depot to all stakeholders on Wednesday. The memo with ref number PPMC/IB/LS/020 reads” please be informed that a new product price adjustment has been effected on our payment platform. “To this end, the price of Premium Motor Spirit is now N151.56k per liter. This is effective sept. 2, 2020.,” it said. The News Agency of Nigeria…
The Nigeria Labour Congress (NLC), Kaduna State Council, on Wednesday visited the Kaduna International Airport to assess facilities put in place to safeguard workers and passengers against contracting COVID-19. The NLC Chairman in the state, Comrade Ayuba Suleiman, accompanied by members of the Civil Society Situation Room, expressed satisfaction with the facilities. Suleiman described the facilities provided from the entrance to the the departure lounge of the airport as hundred percent COVID-19 protocol compliant. He explained that the visit was part of the mandate of the union of ensuring the protection of workers in job places. The NLC chairman, however ,…
MTN Nigeria Communications Plc has informed the Nigerian Stock Exchange (NSE) and the investing public of the resignation of Mr Rob Shuter from the board of MTN Nigeria, effective Sept. 1. Mrs Uto Ukpana, Company Secretary of the firm, disclosed in a notice posted on the website of the NSE on Wednesday in Lagos. Ukpana said that Shuter, before his resignation, served as President and Chief Executive Officer of MTN Group Limited. She noted that Shuter was appointed to the Board of MTN Nigeria on April 13, 2017. “The board of MTN Nigeria would like to express its appreciation to…
The newly redeployed Permanent Secretary, Ministry of Power, Mr Chinyeaka Ohaa, on Wednesday assumed duty with a pledge to ensure that the ministry’s mandate is achieved. Ohaa took over from Mrs Didi Walson-Jack who was redeployed to Ministry of Water Resources. Mrs Etore Thomas, Deputy Director, Press and Public Relations, Ministry of Power disclosed this in a statement in Abuja. Thomas said that in a brief handover ceremony Ohaa pledged his commitment to continue from where the former stopped, in ensuring improvement in the power sector and in delivering on the ministry’s mandate. Earlier, the outgoing PS Walson-Jack appreciated the…
The Nigerian Stock Exchange’s (NSE) key market indices on Wednesday appreciated further by 0.18 per cent due to sustained bargain hunting. Consequently, the NSE All-Share Index rose by 46.05 points or 0.18 per cent to close at 25,460.00 compared with 25,413.95 recorded on Tuesday. Accordingly, Month-to-Date gain increased to 0.5 per cent, while Year-to-Date loss moderated to -5.2 per cent. Similarly, the market capitalisation which opened at N13.258 trillion increased by N24 billion or 0.18 per cent to close at N13.282 trillion. The upturn was impacted by gains recorded in large and medium capitalised stocks, among which are: Stanbic IBTC,…
The Managing Director/Chief Executive Officer of Ecobank, Mr Patrick Akinwutan has commended the media for its agenda-setting role and the enormous influence it wields in shaping the course of the economy. Akinwutan gave the commendation at a news conference in Lagos on Wednesday. The conference was on the forthcoming 13th Annual Bankers’ Conference, being organised by the Chartered Institute of Bankers of Nigeria (CIBN) in collaboration with the Central Bank of Nigeria (CBN). Olugbemi is the Chairman of the Consultative Committee for organising the conference, scheduled to hold on Sept. 15 and 16. He commended the media for the support…
The Department of Petroleum Resources (DPR) has generated a total sum of N673.7 billion in the first half of this year. Its Spokesman, Paul Osu, said in a statement that the Director of DPR, Mr Auwalu Sarki, disclosed this during the visit of the Federation Allocation Accounts Committee (FAAC) Post-mortem Sub-Committee to the department on Wednesday. The FAAC delegation was led by the Chairman of the committee, Mr Kabir Mashi. He said that DPR was a revenue collection agency for revenues accrueable to government from oil and gas industry operations and assured that the agency would surpass its revenue target…
Gov. Seyi Makinde of Oyo State on Wednesday in Ogbomoso inaugurated the second phase of the N28.3 billion street light project, tagged ‘Light Up Oyo’ .The News Agency of Nigeria (NAN) reports that the first phase of the project handled by Messrs Ledco Allied Enterprises was flagged off in Ibadan in September 2019 and has reached 87.5 per cent completion.The second phase of the project will also be handled by the same contractor.At the inauguration of the project held at the Under G LAUTECH second gate in Ogbomoso, Makinde said the project was dear to his administration.According to him, it…
A chairmanship aspirant for the Lagos council of the Nigerian Union of Journalists (NUJ) elections, Mr Adeleye Ajayi says he will prioritise the training and retraining of members if elected. Ajayi made the promise on Wednesday while speaking on ‘Morning Delight’, a Lagos Television (LTV) programme, monitored by the News Agency of Nigeria (NAN). He said it was imperative to build the capacity of media practitioners to sharpen their skills and competences and to enable them perform better on their job. The aspirant explained that the kind of training programmes he would implement would make NUJ members in the state…