Tinubu to Inaugurate $400m Otakikpo Oil Terminal in Rivers
President Bola Tinubu will inaugurate the $400 million Otakikpo Onshore Crude Oil Export Terminal in Rivers State on October 8—the first new crude export terminal built in Nigeria in over 50 years. Developed by Green Energy International Limited (GEIL), the facility is also Nigeria’s first wholly indigenous onshore terminal since Forcados was commissioned in 1971. […]
Olamide Has Released His New Single Called ‘Kai’ Featuring Wizkid
The song becomes the latest collaboration between the duo, and comes 14 years after Olamide and Wizkid first collaborated on ‘Omo To Shan’ in 2011. Meanwhile, Olamide has announced the release of his upcoming album and 11th solo project which will be the self-titled. The new album is set to feature 17 tracks, making it his longest […]
FEC Approves Sale of Crude Oil to Dangote Refinery and others in Naira
The Federal Executive Council has approved the sales of crude oil to local Refineries in Nigeria, Including Dangote Refinery to be denominated in Naira at a fixed exchange rate. Announcing this after the FEC meeting on Monday, the Special Adviser on Revenue to the President and FIRS Chairman, Zack Adedeji explained that the strategic intervention is […]
President Tinubu blasts sponsors of planned protest
President Bola Tinubu has allayed fears of manipulation by any interest group, in the ongoing economic reforms, saying his campaign was self-sponsored, without strings, or indebtedness to any individual or institution. The President, who stated this yesterday when he received a delegation of Islamic leaders at the State House led by Sheikh Bala Lau, noted […]
President Tinubu calls for suspension of August 1 planned protests
President Bola Tinubu has appealed to Nigerians to shelve the August 1 planned nationwide protests against bad governance in the country. Tinubu, who spoke through the Information Minister, Mohammed Idris, after a meeting yesterday, said he is gravely concerned about the economic challenges and working assiduously to ameliorate the sufferings of Nigerians. Our correspondent, Raliat […]
President Tinubu urges the youth not to protest
President Bola Tinubu has urged the youth not to carry out their planned protests against the Federal Government’s economic reforms. Tinubu made the call in Abuja yesterday at a meeting of the National Council of Traditional Rulers, where he was represented by the Secretary to the Government of the Federation, George Akume. According to him, […]
Stakeholders in oil and gas speak on resolving issues
Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has convened a high-level meeting with key stakeholders in the oil and sector to resolve issues surrounding the Dangote Refinery. The minister convened the meeting which held yesterday in Abuja to find a lasting solution to the current impasse affecting the Dangote Refinery, with all parties […]
Joe Biden Drops Out Of US 2024 Election Race
US President, Joe Biden has dropped out of the US presidential election and endorsed his Vice, Kamala Harris as the Democratic Party’s new nominee. In a stunning move which makes Biden the first president in US history to pull out so late in an election race, and the first to bow out because of concerns […]
FG to distribute 30,000 CNG conversion kits to commercial drivers
The Chief Executive Officer, Presidential Compressed Natural Gas (CNG) Initiative, Mr Michael Oluwagbemi, says 30,000 CNG conversion kits have been procured to be distributed to commercial drivers within 90 days. Oluwagbemi added that the CNG initiative which is cheaper, cleaner, safer and more reliable, was to ensure that commercial drivers would benefit from the palliative […]
House of Reps Members to slash salaries by 50% for six months
Members of the House of Representatives have resolved to slash their salaries by 50% for six months to support the Federal Government with N648 million for food sufficiency across the country and to address the high cost of food. Deputy Speaker of the House, Benjamin Okezie Kalu, said the salary cut is to be used […]