Business articles

Onne ports in Rivers State

#EndSARS: Youths shut down Onne ports, Oil and Gas Free Zone

#EndSARS: Youths shut down Onne ports, Oil and Gas Free Zone

Operations at Onne ports in Rivers State on Monday were paralysed on Monday after youths in Onne blocked the entry points to the ports and the Onne Oil and Gas Free Zone as they joined in the Nationwide protests by youths to demand the end to the Special Anti-robbery Squad, police brutality and bad governance.


Buhari: The Unity Sermon and The Reality of Nigeria’s Nationhood

Tougher times await Nigerians from President Muhammadu Buhari’s speech to mark Nigeria’s 60th anniversary. His speech vanished any hope of lower petrol and electricity prices as he affirmed that “It makes no sense for oil to be cheaper in Nigeria than in Saudi Arabia.” According to him, petrol presently sells for N168.00 in Saudi Arabia,

LASU Gate Photo

How LASUSOC Cultivated National Leadership for LASU

On Tuesday September 1, 2020, two days before the announcement of LASU as the nation’s second foremost university according to Times Higher Education Tertiary Education Ranking, the tone was set for another trans-generational landmark at the Lagos State University School of Communication, LASUSOC. That day, without any tone of compulsion, nearly all of us as

President Muhammadu Buhari Photo

“We are in Crisis” – FG

Says COVID-19 financial crisis responsible for hike in fuel, electricity tariffs. The Federal government has called on Nigerians to support the present hike in fuel and electricity tariffs, explaining that the government is facing a financial crisis caused by COIVD-19 pandemic which has led to a 60 percent shortfall in revenue. President Muhammadu Buhari said

Fuel Photo

PETROAN, PENGASSAN Set to Tackle FG On Pricing of Petroleum Products

Some key stakeholders and players in the oil industry may soon be engaging the Federal Government on the recent developments in the industry especially as it relates to the recent sudden increase in the pump price of petroleum products in the country. The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, and the

Mike Ozekhome, SAN, Photo

Mallam El-Rufai: The Flogging of a Dead Horse

For the better part of this and the previous week, Nigeria’s social media space has been agog with arguments for and against the invitation of Kaduna State Governor, Mallam Nasir El-Rufai to speak at the 60thAnnual General Conference of the Nigerian Bar Association(NBA). Following the protestations against Mallam El-Rufai’s invitation, the NBA National Executive Committee

Gomba Okanje Photo

Communities Reap Billions from Privatized Company

Communities in Eleme Local Government Area of Rivers State have continued to reap bountifully from their investments in Indorama Eleme Petrochemicals Limited. In 2019, the sum of N2,154,477,098 was spent on community development projects in the communities, according to Gomba Okanje, Chairman of Elano Investments Limited, the company managing the 7.5 percent equity shares of

Oredo Integrated Gas Handling Facility (IGHF) project in Ologbo, Ikpoba-Okha local government area of Edo State

Hope Rises for Improved Power as NPDC Delivers Additional 100m Standard Cubic Feet of Gas Daily

Efforts by the Federal Government of Nigeria to achieve uninterrupted power supply in the country may in the next few weeks get the much needed fillip when the 100 million standard cubic feet of gas capacity Oredo Integrated Gas Handling Facility (IGHF) project in Ologbo, Ikpoba-Okha local government area of Edo State comes on stream.

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