Bayelsa Bemoans Loss Of OML 46 To Ex-Partners

Bayelsa Bemoans Loss Of OML 46 To Ex-Partners

The Management of Bayelsa Oil Company Limited has said that the loss of its operating license in the last marginal oilfields licensing rounds was due to betrayal by its former partners.  The News Agency of Nigeria (NAN) recalls that the...
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Bayelsa Seeks To Reacquire OML 46 Licence

Bayelsa Seeks To Reacquire OML 46 Licence

Indications have emerged that the Bayelsa Government has not given up on its Oil Mining Lease (OML 46) licence which was revoked by the Department of Petroleum Resources (DPR).  The News Agency of Nigeria (NAN) reports that Bayelsa Oil Company...
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Diri Meets British Envoy, Seeks UK Investment In Bayelsa

Diri Meets British Envoy, Seeks UK Investment In Bayelsa

Bayelsa State Governor, Senator Douye Diri, has promised that his administration would provide and guarantee the enabling environment for United Kingdom investments in the state. Governor Diri gave the pledge on Monday when he met with the United Kingdom&#8217...
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Bayelsa Seeks South Korea’s Partnership On Agric, Maritime, Others

Bayelsa Seeks South Korea’s Partnership On Agric, Maritime, Others

Governor Douye Diri of Bayelsa has sought the partnership and support of South Korea in areas of agricultural, maritime and infrastructure development of the state.  At a meeting with the South Korean Ambassador to Nigeria, Kim Young-Chae, in Abuja on...
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Bayelsa Starch Factory Ready For Commissioning

Bayelsa Starch Factory Ready For Commissioning

By citybusinessnews@yahoo.com    — A 60-metric tonnes cassava starch factory built by the Bayelsa State government will be inaugurated soon. Governor Douye Diri disclosed this on Saturday during an inspection tour of the factory located at Ebedebiri ...
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Shell Confirms Oil Spill In Bayelsa

Shell Confirms Oil Spill In Bayelsa

The Shell Petroleum Development Company (SPDC) has confirmed oil spill from its facility at Agbura-Otuokpoti area of Yenagoa, the Bayelsa State Capital.The comapny’s Media Relations Manager, Bamidele Odugbesan, confirmed the incident in an interview with the...
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Bayelsa Community Leader Implores FG On Port Harcourt-Kano Rail Line

Bayelsa Community Leader Implores FG On Port Harcourt-Kano Rail Line

A community leader at Sampou, Bayelsa, Chief Ashane Usukoromo, on Monday, applauded the massive rehabilitation of the railways by the Federal Government and called for nationwide coverage. He said that an integrated transportation system where different modes ...
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Bayelsa Confirms Receiving N27b Refunds From FG

Bayelsa Confirms Receiving N27b Refunds From FG

The Bayelsa Government, on Sunday, said that it received N27 billion and not N38 billion approved as refund by the Federal Government for federal projects executed by the state from 2005 to date.  The Senate had, on Nov. 24, 2020,...
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Assembly Reacts To Alleged Plans To Impeach Diri Over N38b Refunds From FG

Assembly Reacts To Alleged Plans To Impeach Diri Over N38b Refunds From FG

There are no plans to impeach Bayelsa State Governor, Douye Diri, the State House ofAssembly, declared on Tuesday in Yenagoa.   Speaking at an interactive session with Journalists, the House Committee Chairman on Information, Hon Tari Porri...
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Diri:We’ll Diversify Bayelsa Economy In 2021, Create Jobs

Diri:We’ll Diversify Bayelsa Economy In 2021, Create Jobs

Governor of Bayelsa State, Douye Diri has pledged the commitment of his administration todiversify the state’s economy as part of measures to reduce total dependence on federal allocations in 2021. The governor made the remarks in hi...
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Diri Extols Sylva’s Contribution To Bayelsa’s Development

Diri Extols Sylva’s Contribution To Bayelsa’s Development

Former Governor of Bayelsa State and now Minister of State for Petroleum Resources, Chief Timipre Sylva, has been extolled for his immense contributions to the development of Bayelsa.  Gov. Douye Diri stated this on Saturday night, during a grand receptio...
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Bayelsa Presents N290.2b Budget For  2021

Bayelsa Presents N290.2b Budget For 2021

Bayelsa State Governor, Senator Douye Diri, has presented the 2021 budget estimate to the House of Assembly. It is christened the “Budget of Growth.” Presenting the N290,295,465,423 Appropriation Bill on the floor of the assembly on Thursday, Gover...
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Bayelsa, NIMASA Reiterate Maritime Partnership

Bayelsa, NIMASA Reiterate Maritime Partnership

The  maritime sector has great potential for the economic advancement of Bayelsa State, Governor Douye Dire has said.   According to Diri, his administration cherishes its relationship with the Nigeria Maritime Administration and Safety Age...
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Bayelsa Explains N17b Loan

Bayelsa Explains N17b Loan

Bayelsa State Government has explained that the N17 billion facility it is processing is for the purpose of boosting the state’s economy through the development of its agricultural sector, create jobs and raise its internally generated revenue profile.&n...
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