CHINESE COMPANY’S FRAUDULENT ATTEMPT TO STRIP NIGERIA’S ASSETS ABROAD

The Presidency is aware of the various failed attempts by a Chinese company, Zhongshan Fucheng Industrial Investment Co. Limited, to take over offshore assets of the Federal Government of Nigeria through subterfuge. The Federal Government is not under any contractual…

Lagos State Governor Signs Landmark Executive Order To Strategically Enhance Healthcare Delivery

In a historic move reflecting its commitment to providing quality, affordable, and accessible healthcare, the Lagos State Government has announced the signing of a comprehensive Health Insurance Executive Order by the Governor, Mr. Babajide Sanwo-Olu. This groundbreaking directive, issued on…

11Plc Shuts down Mobil Service Station at Ikeja – Regrets Fire Incident, Loss and Damages.

The Management of 11 PLC, formerly Mobil Oil Nigeria Plc, and owners of the Mobil Service Stations in Nigeria, have expressed their regrets for the fire incident that engulfed the Mobil Service Station at Obafemi Awolowo Way, Ikeja, Lagos. The…

NNPC Ltd: An All-round Asset to Nigeria

By Olufemi Soneye   In its editorial of 2nd August, 2024, the BusinessDay newspaper, characteristically, launched another scurrilous and baseless attack on the Nigerian National Petroleum Company Limited (NNPC Ltd). In the editorial entitled: “NNPCL: Liability or Asset to Nigerians?”,…

NCDMB Boss Pledges Continued Support for Indigenous Companies

…Commends Lee Engineering for Capabilities Attained   The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has assured Nigerian oil and gas service companies of continued support to sustain the impressive growth in local content…

Environmental groups ‘ecstatic’ over Kamala Harris’ candidacy and California climate record

Vice President Kamala Harris’ emergence as the leading Democratic presidential contender has garnered a renewed sense of optimism among environmentalists who say she offers a strong track record of climate and clean energy policies and would continue to advance that…

Presidency Debunks Viral Broadcast In Circulation

By David Peter   Special Adviser to the President on Information and Strategy, Bayo Onanuga has refuted an unofficial press stàtement as concocted to have been asserted by President Bola Ahmed Tinubu, GCFR. In a statement released by the Presidential…

Labour Leaders Praise President Tinubu Over Approval of N70,000 Minimum Wage and Promise of Review After Three Years

President Bola Tinubu on Thursday in Abuja increased the federal government’s offer on the national minimum wage from N62,000 to N70,000, with an assurance that it will be reviewed after three years, instead of five years. In a meeting with…

Leading German diplomat nominated for UN General Assembly president

Leading German diplomat Helga Schmid is set to become president of the UN General Assembly in New York from next year. Germany’s federal government nominated the 63-year-old for the role at the headquarters of the United Nations on Wednesday, the…

Africa: Azule Energy Reiterates Commitment to Angola, Pioneers World’s First Green Floating Production Storage and Offloading (FPSO) Vessel

The African Energy Chamber commends Azule Energy for its sustainability efforts and operations in Angola as it supports the country’s E&P goals   In a bid to solidify its position as a key player in the global energy market, Angola…

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