Author: Editor

Energy

IEA: Oil demand to drop for first time since 2009

Global oil demand is set to drop this year for the first time since the financial crisis in 2009, the International Energy Agency (IEA) said on Monday, as it slashed its demand outlook by 1.1 million bpd due to the coronavirus outbreak and its impact on economies. The IEA now […]

Energy

140 Niger Delta youths win Shell’s N56m Livewire grant

No fewer than 140 young and talented people from eight states of the Niger Delta have graduated from the special Shell LiveWIRE Nigeria entrepreneurial training programme, which provides business and financial support to enable them to establish small and medium scale businesses. Drawn from Abia, Akwa Ibom, Bayelsa, Cross Rivers, […]

Business

200 investors set for Nigeria’s 45 gas flare sites

In its efforts to reduce the 320 billion cubic feet of gas (bcf) of gas flared in 2019, the Department of Petroleum Resources (DPR), has announced the short listing of 200 companies to develop 45 gas flare sites across the country under the Nigeria Gas Flare Commercialisation Programme (NGFCP). Speaking […]

Dodo's Lens

U.S Visa ban: How Buhari’s alleged support for terrorism costs Nigerians immigration visa

  There are strong indications that the alleged support for extremists by President Muhammadu Buhari may have led to travel ban on Nigerians seeking to immigrate to the United States. On Friday 31st January, 2020, United States restricted Nigerians, Eritrea, Sudan and Tanzania from applying for Immigrant Visa. Acting Homeland […]

Business

Pipeline explosion: NNPC GMD decries spate of vandalism

Olatunde Dodondawa, Lagos The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has decried the spate of pipeline vandalism across the country and urged the residents to any suspicious activities of anyone to the appropriate authority. Speaking during an on-site inspection of the site […]

News

UNESCO DG condemns killing of Nigerian journalist

The Director General of United Nations Educational, Scientific and Cultural Organization (UNESCO), Audrey Azoulay, has condemned the killing of a journalist and publisher, Maxwell Nashan, while calling for an immediate investigative enquiry into the murder. Nashan, was a publisher of a Lagos based Newspaper, The Advocate Weekly, before his demise. […]

Energy

FG spends over N15.6bn on fuel subsidy in 7 days

By Olatunde Dodondawa There are strong indications that the provision of N450billion for fuel subsidy in the year 2020 budget may be inadequate because the Federal Government has already spent over N15.6billion for subsidy on premium motor spirit (PMS) otherwise called petrol in just seven days. According to investigation by the Saturday Tribune, […]

Energy

Nigerians to pay more for electricity from April

Olatunde Dodondawa, Lagos There are strong indications that Nigerians will pay more for electricity from April 2020 following a directive by the Nigerian Electricity Regulatory Commission (NERC) which ordered a tariff review effective to achieve a cost-reflective tariff in the power sector. According to NERC, effective from January 1, 2020, […]