Author: Saint Augustine

The management of Anambra state owned Orient Petroleum Resources Plc. on Monday said the company was targeting to increase its crude oil production to 3,000 barrels per day by September. Orient Petroleum Resources Plc was established by the Chinwoke Mbadinuju’s administration at Aguleri-Otu, Anambra East local government area of the state where a large volume of oil deposits was found. It was however commissioned officially in August of 2012 by former President Goodluck Jonathan. But the Managing Director of the oil company, Mr. Sunny Okoye told newsmen after a meeting of its Board of Directors and Governor Willie Obiano in…

The Association of Registered Freight Forwarders of Nigeria (AREFFN) has observed with dismay, the commission component attached to the payment of the Practitioners’ Operating Fee (POF) of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) arguing that it was not part of the arrangement. Recall that CRFFN technical experts visited the National Secretariats of the four out of the five registered freight forwarding associations last week where they sensitized the freight forwarders on how to generate invoice for the payment of the POF an exercise which lasted for two days. Reacting to the sensitization exercise, the National…

…Calls on stakeholders to take position on pending transport sector bills The Speaker of the Nigeria’s House of Representatives, Rt. Hon. Yakubu Dogara has identified some areas of improvement in the port concession agreement between the Federal Government and the port concession which if taken care of will see to the full realization of the dividends of the concession exercise for the country. Dogara who was speaking at a one day conference on “Review of the Port Concession Agreement with focus on Rights and Obligations of the Lessor and Lessee, Role of the Economic Regulator, Effect of Persistent Gridlock on…

…Already Edo State is indebted to the tune of close to N300 billion. President Muhammadu Buhari has written to the senate seeking approval for a $75 million loan from the World Bank for the Edo state government. Recall that Oshiomhole had been fighting Former Finance Minister for refusing to support more loans for Edo state. Under Oshiomhole, Edo state is owing close to N300 billion as loans acquired by Oshiomhole. The governor’s tenure ends next year. “I am writing to seek the consideration of the national assembly of Nigeria on approval of a request by the Edo state government to…

…As Prof. Danbatta replaces Juwah at NCC President Muhammadu Buhari has appointed Dr. Emmanuel Ibe Kachikwu as the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC). Dr. Kachikwu, who was the Executive Vice Chairman and General Counsel of Exxon-Mobil (Africa), is to take over from Dr. Joseph Thlama Dawha. Dr. Kachikwu hails from Onicha-Ugbo in Delta State. He is a First Class Graduate of Law from the University of Nigeria, Nsukka and the Nigerian Law School. The new NNPC Chief Executive also has Masters and Doctorate Degrees in Law from the Harvard Law School. He started his working…

Following the leadership situation that played out in the succession plan of the Nigerian Maritime Administration and Safety Agency (NIMASA) as result of the sack of the former Director-General, Dr. Ziakede Patrick Akpobolokemi by President Muhammadu Buhari, the Deputy Director and Head Public Relations of NIMASA, Hajia Lami Tumaka has said that peace and calm now prevail in the agency. It will be recalled that President Buhari had last month ordered the removal of the former DG of NIMASA, Dr. Akpobolokemi without giving reasons for his removal directing him to hand over to the most senior officer in the agency…

The Director-General, Bureau of Public Enterprise (BPE), Mr. Benjamin Ezra Dikki has said that in spite of all the challenges Nigeria had gone through in the concession of the ports, the port reform had been a resounding success. Dikki made this observation at a one day conference on “Review of the Port Concession Agreement with focus on Rights and Obligations of the Lessor and Lessee, Role of the Economic Regulator, Effect of Persistent Gridlock on Port Access Roads on the Concession exercise” organized by the Nigerian Shippers’ Council (NSC) in collaboration with the International Maritime Exhibition and Conference Limited in…

The Nigerian Shippers’ Council (NSC) has harped on the need for a periodic review of the concession agreement so as to bring it in consonance with the realities of the ever changing world. The Executive Secretary of the NSC, Mr. Hassan Bello made this observation at a one day conference on “Review of the Port Concession Agreement with focus on Rights and Obligations of the Lessor and Lessee, Role of the Economic Regulator, Effect of Persistent Gridlock on Port Access Roads on the Concession Exercis” organized by the NSC and the International Maritime Exhibitions and Conference Limited in Lagos last…

…Isah as Special Assistant on Public Affairs Senate President, Dr. Abubakar Bukola Saraki has appointed Hon. Ibrahim Tukur El-Sudi as his Special Adviser (SA) on Legal Matters. He also approved the appointment of Mr. Mohammed Isah as Special Assistant on Public Affairs. El-Sudi comes to the job with a great wealth of experience having started his career as legal practitioner in Kano in 1990 and served as Special Adviser on Legal and Legislative Matters to the Governor of Taraba State between 2002 and 2003. In 2007, he was made the Secretary to the State Government (SSG). He was again appointed…

President Muhammadu Buhari on Friday renewed the appointment of Joshua Okpo as the Rector of the Maritime Academy of Nigeria (MAN) Oron for a second and final term of four years, according to a statement by the Special Adviser to the President on Media and Publicity, Femi Adesina. Okpo was appointed Rector of MAN Oron in 2011 by former President Goodluck Jonathan but his appointment was not confirmed until April 16, 2012. Okpo, a Director at the Transport Ministry, was posted to the academy as Administrator with the sole mandate of revamping the institution. Send your news, press releases/articles to…