…Hints price cut will boost Nigerian economy The Nigerian National Petroleum Company Limited, NNPCL has taken a significant step in response to the competitive impact of deregulation in the downstream sector. The price reduction by NNPCL is seen as a response to the competitive impact of deregulation, which has led to increased competition in the downstream sector. The move is expected to spark a price war among oil marketers, ultimately benefiting consumers. The company recently reduced the ex-depot price of Premium Motor Spirit, PMS from ₦1,020 to ₦899 per liter, a move that has been commended by the Petroleum Products…
Author: Saint Augustine
To sustain operational excellence and boost the human capital development of its workforce, Tincan Island Container Terminal, Apapa has trained 250 team members on Lean Six Sigma Yellow Belt continuous improvement methodology. Lean Six Sigma certification, a globally recognized standard, is a powerful approach to process and quality improvement across industries. It fosters a collaborative team effort to improve performance by systematically removing process waste and reducing process variation. According to Tai Fadipe-Davids, the Head of Process Excellence for TICT, the Lean Six Sigma Yellow Belt training was a key milestone to align the team with the Company’s vision of…
In a significant move to bolster Defence Health Services and strengthen the partnership between the United States and Nigeria, the Honourable Minister of State for Defence, Dr. Muhammad Bello Matawalle, met with a US delegation led by Dr. David Smith, Deputy Assistant Secretary of Defence for Health. The meeting focused on enhancing the existing collaboration in defence health between the two nations, which has previously facilitated the establishment of high-tech laboratories in Nigeria. The Honourable Minister commended the US for her efforts and urged for the expansion of these medical facilities beyond Abuja and Lagos to reach more underserved regions.…
The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN has applauded the management of Dangote Refinery for slashing the ex-depot price of Premium Motor Spirit, PMS to ₦899.50 per litre. This price reduction, a decrease of ₦71 per litre from the initial price of ₦970, is a significant relief for motorists and Nigerians at large, especially during the holiday season. According to the National President of PETROAN, Dr. Billy Gillis-Harry, “The price reduction will alleviate the suffering of Nigerians and reduce the cost of living and transportation during this festive period.” Dr. Harry commended the Nigerian National Petroleum Company…
The Maritime Reporters Association of Nigeria, MARAN, on Thursday, 19th December, 2024 celebrated its end of year party 2024 with prayers and Thanksgiving to God. The event was organized to express gratitude to God for his blessings in protecting the members throughout year 2024 and for elevating MARAN to new heights. Speaking at the event which coincided with the association’s end of the year General meeting, MARAN President, Godfrey Bivbere acknowledged that the association has had a good run in the year 2024, acknowledging heights attained by his members through the help of God and maritime stakeholders. As fourth estates…
The Oko Community in Orumba North LGA of Anambra State, home to Nigeria’s former Vice President, late Dr. Alex Ekwueme, has announced a special Ofala Festival by His Royal Highness, Igwe Prof. Laz Ekwueme, Eze Ijikala II of Oko, scheduled for January 10, 2025. Coming after more than fifteen years after the last Ofala by Eze Ijikala II, the event has been tagged special by the Oko community to mark the 90th Birthday of her king who is Nigeria’s first professor of music and one time Director, Centre for Cultural Studies, University of Lagos. A celebrated academic, Nollywood Artist, Music…
The House of Representatives Committee on Public Petitions has directed the Inspector General of Police, IGP, Kayode Egbetokun to arrest the Managing Director/Chief Executive Officer of the Bank of Industry, BOI, Dr. Olasupo Olusi and bring him to the House on 22nd January, 2025. The directive was necessitated by the repeated failure of the Management of the Bank of Industry, BOI to appear before the Committee in a petition brought against it by the Managing Director and Chief Executive Officer of Ashford Industries Nigeria Limited, Mr. Okey Justine Ezeh. Dr. Olusi is to be arrested and brought to the House…
The Director General of the National Oil Spillage Detection and Response Agency, NOSDRA, Engr. Chukwuemeka Woke, along with his senior management team, conducted a critical assessment visit to the Shell Petroleum Development Company, SPDC in Port Harcourt. This urgent visit aimed to evaluate SPDC’s comprehensive efforts in managing the recent oil spill incident in Bonny, which subsequently affected the Oyorokot community in Andoni Local Government Area. The discussion centered around the effectiveness of SPDC’s initial intervention and the ongoing measures to contain and mitigate the spill’s impact on local communities. Engr. Woke expressed appreciation for SPDC’s proactive steps, emphasizing the…
…Says Sahara not acceptable to Ogoni, demands Presidential Fiat to resolve issue The Movement for the Survival of the Ogoni People, MOSOP has raised some ethical questions over a Financial and Technical Services Agreement, FTSA between Sahara Energy and West African Gas Limited, WAGL, an affiliate of the Nigerian National Petroleum Company, NNPC. MOSOP says the agreement was not done in good faith, not in the interest of the Nigerian people and did not follow due process. President of MOSOP, Fegalo Nsuke who made this known in Abuja over the weekend described the Sahara-WAGL deal as fraudulent, deceptive and an…
The Alema of Warri, High Chief Emmanuel Oritsejolomi Uduaghan, on Monday described the Senate President, Chief Godswill Akpabio as “a great source of joy and inspiration to all.” Uduaghan in a congratulatory message on Akpabio’s 62nd birthday, commended the Senate President for contributing immensely to the development of Nigeria, assisting the nation in achieving unparalleled results in terms of economic growth and rebuilding the trust reposed in Nigeria by countries and international organizations. “On behalf of my humble self and family, I wish to heartily congratulate my dear brother and our visionary Senate President, Chief Godswill Obot Akpabio GCON, CON…