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PDP zones vacant Abia guber seat to Isiala Ngwa
Sopuruchi Onwuka The Abia State chapter of the Peoples Democratic Party (PDP) has activated moves to solidify its leading position in the govership race in Abia State, asking Isiala Ngwa North Local Government Area to present a replacement candidate for…
Naira redesign: FG to withdraw N2 trn from circulation
The Central Bank of Nigeria (CBN) has declared that the expected volume of cash that would return to the vaults under the ongoing dumping of old N1000, N500 and N200 notes would breach N2.0 trillion. However, experts say that withdrawal…
Corruption, corruption as Nigeria argues against $11 bn award to P&ID
It mainly stories of corruption and corrupt systems in the Africa’s biggest economy as lawyers stepped up arguments on the case of breach of contract between the federal government and Process and Industrial Development (P&ID) Nigeria’s lawyers in the case…
Uganda targets first oil, transnational pipeline by 2025
Government of Uganda is pushing for delivery of two petroleum industry projects to make the country a major oil export by 2025. The Kingfisher field is part of a $10 billion scheme to develop Uganda’s oil reserves under a lake…
Norway resumes search for more oil
The Scandinavian nation, Norway, declared on Tuesday that it is putting about 92 petroleum exploration blocks on auction as the country shocks environmental NGOs with an “aggressive” promotion of fossil fuels. The announcement came as part of the annual granting…
Lekki deep sea port promises $360 bn benefits
Sopuruchi Onwuka Cumulative economic benefits of the Lekki deep sea port would topple whopping $360 billion, but players in the nation’s maritime industry fear that meeting the economic target might be stalled by channel occlusions that currently plague existing ports…
Energy writers demand immediate end to fuel scarcity
Sopuruchi Onwuka Journalists and analysts in the Nigerian energy sector have called on government agencies responsible for regulation and market supply to immediately arrest the worsening fuel scarcity in the country to justify huge public expenditure on internal subsidy. The…
Workers, pensioners declare support for Abia PDP guber candidate
Sopuruchi Onwuka Active and retired public servants in Abia have declared unflinching support for the candidates of the Peoples Democratic Party (PDP) in the upcoming governorship election, expressing high hopes that the new governor would clear the arrears of their…
“Fashola is a liar,” declares AFP fact checks
“Fashola is a liar,” declares AFP fact checks French international news medium, Agence France-Presse or AFP, has branded former Governor of Lagos State, Babatunde as liar for pushing false claim that the presidential candidate of the ruling All Progressive Congress…
Fuel market chaos: Major marketers demand full deregulation
NNPC siphons susbidy funds as prices escalate Sopuruchi Onwuka The group of major petroleum marketers in the country has demanded government to embark on full deregulation of the market, given the weakness of regulators in controlling price surge and subsequent…
