Oando Shareholders Accuse SEC of Shielding Probe

Oando Shareholders Accuse SEC of Shielding Probe

Shareholders of  Oando Plc, on Tuesday, appealed to President Muhammadu Buhari and the National Assembly to intervene in the crisis rocking the company.      Under the aegis of Proactive Shareholders Association of Nigeria (PROSAN), Trusted Shareholders Association of  Nigeria, Dedicated...
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160 Firms Bid For NNPC Valuation, Land Acquisition Services Contract

160 Firms Bid For NNPC Valuation, Land Acquisition Services Contract

Not less than 160 firms of professional estate surveyors and valuers participated in the bid to provide the Nigerian National Petroleum Corporation (NNPC) with valuation and land acquisition services.   This was disclosed by the Group General Manager (GGM), S...
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NNPC Signs $2.8B Contract For Ajaokuta – Kaduna – Kano Gas pipeline Project

NNPC Signs $2.8B Contract For Ajaokuta – Kaduna – Kano Gas pipeline Project

The Nigerian National Petroleum Corporation (NNPC) has executed contracts for the engineering, procurement, construction, commissioning and financing for Lots 1&3 of the 40inch x 614km Ajaokuta – Kaduna – Kano gas pipeline and stations with a consorti...
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NPA Photo News

NPA Photo News

The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman presents a plaque to the President of Maritime Arbitrators Association of Nigeria (MAAN), Adewale Jones. To his left is the Vice President of MAAN, BodunrinAdewole, when the Executi...
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NPA Implores Stakeholders On $42.3m, N600m Debt

NPA Implores Stakeholders On $42.3m, N600m Debt

Ahead of the proposed “aggressive debt recovery exercise” of Nigerian Ports Authority (NPA), Rivers Port Complex has explained  that it generated $62.3million and N1.2Billion in 2017, compared to $57.6million and N772.4million recorded in 2016.   Out of ...
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NPA Photo News

NPA Photo News

L-R: THE MANAGING DIRECTOR OF NIGERIAN PORTS AUTHORITY (NPA), HADIZA BALA USMAN,  MD OF TOLARAM LTD, HARESH ASWANI AND THE SENIOR SPECIAL ASSISTANTTO THE PRESIDENT ON INDUSTRY, TRADE & INVESTMENT, DR. JUMOKE ODUWOLE AT THE OFFICIAL FLAG- OFF OF LEKKI...
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NPA Photo News

NPA Photo News

VICE PRESIDENT,PROF YEMI OSINBAJO AND THE MANAGING DIRECTOR OF NIGERIAN PORTS AUTHORITY (NPA), HADIZA BALA USMAN. TO THE RIGHT OF OSINBAJO IS THE MINISTER OF TRANSPORTATION, CHIBUIKE ROTIMI AMAECHI AT THE OFFICIAL FLAG-OFF OF LEKKI DEEP SEAPORT PROJECT IN LEKK...
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FG Seeks Speedy Completion Of Lekki Deep Seaport

FG Seeks Speedy Completion Of Lekki Deep Seaport

The Federal Government has challenged promoters of the Lekki Deep Sea Port to facilitate speedy completion of the project.   President Muhammadu Buhari, represented by Vice President Yemi Osinbajo flagged off the construction of the Sea Port in Lagos on Thur...
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FG, States, LGs Share N647.39b

FG, States, LGs Share N647.39b

The Easter break as the Federal, State and Local Governments shared the sum of N647.39 billion from the Federation Account.  The money was the revenue collection for the month of February 2018 which was approved at the Federation Account Allocation...
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NPA To Start Aggressive Debt Recovery, Tasks Terminal Operators On Equity

NPA To Start Aggressive Debt Recovery, Tasks Terminal Operators On Equity

The Nigerian Ports Authority (NPA) is to commence aggressive recovery of debt owed by Terminal Operators and other stakeholders in the maritime sector. Addressing stakeholders in Port Harcourt, Rivers State, Managing Director of NPA  Hadiza Bala-Usman said pr...
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Nigeria Saves N68b On Personnel Cost In 2017

Nigeria Saves N68b On Personnel Cost In 2017

The Minister of Finance, Mrs. Kemi Adeosun, on Wednesday disclosed that the Federal Government saved N68 billion on personnel cost in 2017.   This brings the aggregate savings by the Government on personnel cost since 2007 to date to N288...
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FG Targets 7 % Economic Growth In Three Years

FG Targets 7 % Economic Growth In Three Years

The Minister of Finance, Mrs. Kemi Adeosun, has described Nigeria’s economic outlook for the year 2018 and beyond as positive . She stated that the country was now resilient after exiting recession and has the potential to achieve a seven...
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Rail Projects: FG Begins Negotiation For $15B Loans

Rail Projects: FG Begins Negotiation For $15B Loans

To successfully complete the Port Harcourt – Maiduguri rail project, the Federal Government has commenced negotiation for $15 billion loans.    The Minister of Transportation, Mr Rotimi Ameachi, made this known when he briefed State House correspondents af...
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Adeosun: Infrastructure Gulps N2.5tri In Three Years

Adeosun: Infrastructure Gulps N2.5tri In Three Years

The Nigerian Government is to sustain ongoing investment in infrastructure across the country.  Speaking in Abuja on Monday, Minister of Finance, Kemi Adeosun explained that with  over N2.5trillion pumped into infrastructure in the last three years, the coun...
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