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BOI, All On, Establish Niger Delta Off Grid Energy Fund

The Bank of Industry (BOI) and All On announce the establishment of a N1bn Niger Delta Off-Grid Energy Fund. The fund will provide local currency debt financing to facilitate the deployment of energy solutions by access-to-energy companies in the Niger Delta at 10% interest rate per annum (with a one-year moratorium) and tenor of up to seven years.  The objective of the fund is to stimulate the growth and geographic spread of off-grid energy businesses in the Niger Delta to enable households, SMEs and communities have access to clean, affordable…

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Cabotage: No More Vessel Waivers NIMASA Warns

…Commences Clampdown On Erring Vessels After several warnings the Nigerian Maritime Administration and Safety Agency NIMASA has commenced clampdown on vessels that do not comply with the provisions of the Cabotage Compliance Strategy introduced last year to ease the implementation of the Cabotage Act 2003 in Nigeria. The Director-General of NIMASA, Dr. Dakuku Peterside, has said the Agency will no longer encourage the application of any form of waivers under the Cabotage Act, particularly from the oil firms operations as such does not help the growth of the Nigerian maritime…

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IGP Redeploys New AIGs, CPs, Lagos Gets New Commissioner

…as Lagos, Oyo, Kwara, Anambra get new Commissioners   Following the decoration of newly promoted Assistant Inspectors General of Police and Commissioners of Police at the Force Headquarters, on Wednesday, the Inspector General of Police, Ag. IGP M.A Adamu, has ordered the posting and redeployment of the following Senior Police Officers to Zones, Formations and Commands as follows:     i. AIG Wilson A. Inalegwu – AIG Zone 9, Umuahia  ii. AIG Abdul Dahiru Danwawo – AIG Maritime  iii. AIG Adeyemi O. Ogunjemilusi, mni – Directing Staff NIPPS iv.  AIG Maurice A….

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Dangote Refinery, Modular Refineries To Integrate Africa’s Downstream Sector

Nigeria and other African countries would soon heave a sigh of relief from the sloppy economic situation occasioned by price instability with the imminent completion of the Dangote Refinery and other modular refineries in Nigeria. Already, the President of Ghana, Nana Akufo-Addo has said at a forum in Egypt that his country is anxiously waiting for the readiness of the Dangoe refinery to save his government of economic distortion caused by massive importation of petroleum from the Europe. Technical Adviser to President of Dangote Group on Refinery and Petrochemicals, Engr….

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Politics Slider 

Senate Discontinues Supreme Court Case On Onnoghen

………Lauds NJC Intervention The Senate has ordered the discontinuation of the case it filed at the Supreme Court on the suspension of Hon. Justice Walter Nkanu Onnoghen. This follows the intervention of the National Judicial Council (NJC) on the issue. In a statement signed by Yusuph Olaniyonu, Special Adviser to the Senate President, the Senate announced that it has decided to give the NJC intervention a chance. “The Senate has therefore decided to discontinue the case it filed in the Supreme Court. It should be noted that the case has…

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Politics Slider 

2019 Elections: National Youth Council Denies Endorsing Buhari

 It has been brought to our attention that some people led by one Sukubo Saraigbe Sokubo have gathered somewhere to endorse the candidacy of President Muhammadu Buhari in the name of the National Youth Council of Nigeria. We hereby disassociate ourselves with them and their endorsement. We also wish to state categorically clear that we have nothing against the President and we will continue to work for the progress of this administration. It is pertinent to note, that the National Youth Council of Nigeria as an umbrella body of the…

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Politics Slider 

Buhari For All APC Candidates, Lauds Cross-Party Support

President Muhammadu Buhari has assured members of the All Progressives Congress, APC that he is fully behind the party and its candidates in every state of the federation, and campaigning for them wherever he goes. Speaking to journalists on Wednesday, presidential spokesman, Garba Shehu, dismissed insinuations that President Buhari did not show full support for the APC while campaigning yesterday in Imo State, a state that has made headlines recently for the fractiousness within the ruling party there which has led to disagreements with the state governor, Rochas Okorocha. “The…

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CJN Suspension: NJC Meets As Onnoghen Challenges Order In Court

The National Judicial Council (NJC) has announced its meeting in Abuja by 10am on Tuesday over the raging issue of the suspension of the Chief Justice of Nigeria (CJN) by President Muhammadu Buhari. The meeting, one of our correspondents learnt, was called over the Friday suspension of Onnoghen. The spokesperson for the NJC, Mr Soji Oye, confirmed the meeting in a statement on Sunday night. He said the notice of the meeting had already been sent by the Secretary of the council, Ahmed Saleh, to members. “The meeting will hold…

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