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Port-Harcourt Refinery Company and African Refinery Sign Co-Location Agreement to Boost Nigeria’s Refining Capacity

Port-Harcourt Refinery Company (PHRC) has sealed a landmark agreement with African Refinery Limited (ARL) for the co-location of a 100,000 barrels per day (bpd) capacity refinery within the Port-Harcourt Refinery Complex. This significant development promises to bolster local refining capacity and marks a significant win for Nigeria’s oil and gas industry. The agreement, signed between…

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Lagos State Government Doubles Minimum Wage for State Workers

In a significant move aimed at improving the welfare of civil servants in Lagos State, Governor Babajide Sanwo-Olu has announced a doubling of the minimum wage. Effective immediately, the minimum wage for Lagos state workers has been increased from 35,000 Naira to 70,000 Naira. The announcement comes as welcome news to thousands of workers across…

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Ogun State Government Expresses Condolences to Victims of Ado Odo/Ota Rainstorm Destruction

Following the devastating effects of Sunday’s rainstorm in parts of Sango, Ado Odo/Ota Local Government Area of Ogun State, the state government has extended its sympathies to affected residents. The rainstorm resulted in the destruction of property and infrastructure in various communities. In a statement signed by the Special Adviser on Media, Hon. Kayode Akinmade,…

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National Council on Privatisation Receives Recommendations for Restructuring Bank of Agriculture

The National Council on Privatisation (NCP) has received crucial recommendations from its committee tasked with the restructuring of the Bank of Agriculture (BOA). These recommendations aim to address various challenges facing the bank and revitalize its operations to better serve the agricultural sector. Among the key recommendations put forward by the committee are: The recommendation…

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Police Apprehend Notorious Car-Snatching Syndicate, Recover Twelve Stolen Vehicles

In a significant breakthrough, the police command has successfully apprehended a notorious car-snatching syndicate operating in the Warri and Sapele areas. The syndicate, comprised of three individuals, has been identified as specialists in the illicit activity of stealing cars and altering vehicle identification details to evade detection. The suspects, whose identities have not been disclosed…

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MRS Oil Slashes Diesel Prices Amidst Industry Shift

In a significant move that is set to impact the fuel market across Nigeria, MRS Oil Nigeria, under the leadership of Sayyu Dantata, has announced a drastic reduction in the price of Diesel Automotive Gas Oil (AGO) at all its retail outlets nationwide. The company has taken the bold step to sell diesel at the…

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