Economy

A Rivers State oil and gas advocate group, Ekpeye Oil and Gas Pipeline Host Families Association, EOG, has stated that people of its ethnic nationality be appointed into the Niger Delta Development Commission, NDDC board and other petroleum related government agencies. The advocacy group said Its request is anchored on the fact that Ekpeye ethnic nationality is feeding the economies …

  Dr. Olusegun Vincent, Associate Professor of Taxation and Finance Pan- African University, Lagos State, has lent his voice to the 2024 appropriation budget presented to the National Assembly by President Bola Tinubu on Wednesday, saying some of the assumptions are attainable while others may be far fetched going by determining factors. Speaking on the projection of N750 to a …

Residents of Osun anguishing over shortage of cash at various commercial banks in the state. It was leant that many customers felt disappointed over their inability to withdraw up to their expectations from banks. Customers of most of the banks have started experiencing what the bank officials tagged shortage of cash since last week. Investigations revealed that most of the …

They Governor of Osun State, Senator Ademola Adeleke has made it clear that his government would not borrow money from any financial Institution to run the affairs of the State, saying he has a better means of generating funds internally to continue his good works.The Governor gave the assurance in Osogbo, the State Capital, at the first edition of “Ipade …

The Bayelsa State Government has faulted the way 13% derivation fund is been shared by the Nigerian National Petroleum Company Limited (NNPCL).saying as a limited liability company, it was supposed to produce, sell the product, while distribution of the derivation will only come from dividends.The Technical Adviser to Governor Douye Diri on Treasury and Accounts, Mr Timipre Seipulo, stated this …

The Rumuekpe Trans Niger Pipelines Host Communities have commended Pipeline Infrastructure Nigeria Limited (PINL) for its effective fight against illegal oil bunkering activities in the area.Rumuekpe is in Emohua Local Government Area of Rivers, Nigeria, with seven communities. It hosts Shell major manifold and the LNG gas trunk line.The Host Communities made the commendation during a media briefing August 9th, …

Osun State Government has partnered with Fidelity Bank, Wootlab Foundation, Microsoft, UNDP, SMEDAN and BOI to setup a MSME Clinic (OSUNPRENEUR) to empower 600 Youths across its Local Government Areas.Hon Kehinde Ibitoye, Osun State Focal Person on Social Intervention Programs(SIP) , made this known in a statement on Monday.“In line with Governor Ademola Adeleke’s Business Growth Initiative, through strategic partnerships …

Ondo State Agricbusiness stakeholders have called on the federal government to address critical areas that require urgent intervention for food security to avoid famine in the country.The Senior Special Assistant to the Ondo State Governor on Agric and Agric business, Pastor Akin Olotu stated this while addressing newmen in Akure recently.The stakeholders which included ; the State Agricultural Commodities Association, …

Finance Minister, Attorney General To Appear Before Reps Over $2.4bn Undeclared Crude Oil Sales…As Members Vow To Protect Whistle Blower, Pass Protection BillThe Nigerian House of Representatives Adhoc committee investigating the ‘Alleged Loss of Over $2.4 Billion in Revenue from Illegal Sale of 48 Million Barrels of Crude Oil Export in 2015 Including, All Crude Oil Exports and Sales by …

The House of Representatives has given its approval to a presidential request for the designation of ten parks in parts of the country as National Parks.The approval was a sequel to the Presidential Declaration Order, 2022 designating ten Parks across Nigeria as National Parks.The President had on the 16th November 2022 signed a declaration order declaring Ten Parks across Nigeria …