Category: Opinion

Traditional rulers advocate for NDDC’s independence

……….felicitates with new NDDC board Oba Edema and Oba Ogbaro Traditional rulers under the aegis of the National Executive Council of Traditional Rulers of Oil Minerals Producing Communities of Nigeria (TROMPCON) has urged the Federal Government to allow the Niger Delta Development Commission (NDDC) to be independent and operate within the ambit of the act establishing it.   Oba…

Chevron Bags Nigerian International Petroleum Summit Awards

Chevron Nigeria Limited (CNL), operator of the NNPC/CNL Joint Venture, has won two awards at the   industry dinner and awards night, organised by the Nigerian International Petroleum Summit (NIPS) in Abuja. The awards were in recognition of the company’s outstanding performance. The awards won by CNL are: “for contributions to the hydrocarbons industry, and the…

NUFBTE Applauds FG over high number of ‘Expatriates’ into the country

The National Union of Food, Beverage and Tobacco Employees (NUFBTE) has commended the Federal Government for tackling the influx of expatriates in the country. NUFBTE President, Comrade Lateef Oyelekan, was quoted as saying that prior to the election of President Muhammadu Buhari, the country was bedeviled with influx of foreigners, who disguised as expatriates to…

Youth Council Honours Ahmed Kuru, AMCON MD

L-R: Comrade Sagir Adam, Chairman Award Committee, Sir Ahmadu Bello Youth Council of Nigeria (ABYCN), presenting the council’s Honorary Medal and framed Certificate of Mr. Ahmed Lawan Kuru, Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), received on his behalf by Mrs. Iyatum Adode-Kobiti, AMCON Group Head, Corporate Services and Mr. Jude Nwauzor,…

COURT AGAIN UPHOLDS ORDER STOPPING NAICOM FROM DISENABLING NEW BUSINESS PURSUIT BY GUINEA INSURANCE

A Federal High Court sitting in Abuja had on Monday, February 18, 2019 further upheld an earlier granted order restraining the National Insurance Commission (NAICOM) from suspending Guinea Insurance Plc from underwriting new insurance businesses; in a suit that was filed by Guinea Insurance with suit No: FHC/ABJ/CS/151/2019 against NAICOM on February 6, 2019.  …

“Regulatory framework, Technology Top Oil Sector Challenges”- FG

Contrary to the popular narrative that access to finance constitutes the major challenge impeding growth of indigenous oil servicing companies in Nigeria, a survey conducted by the Nigerian Content Development Monitoring Board (NCDMB) has proven that the main difficulties lie elsewhere. According to the survey which was conducted during the selection of the beneficiaries of…