Month: May 2024
BREAKING: Ogun Set to Join Oil Producing States as Exploration Commences
Abeokuta, Nigeria – May 30, 2024 Ogun State is on the cusp of becoming an oil-producing state as the Nigerian National Petroleum Corporation Limited (NNPCL) prepares to commence oil and gas exploration in the region. This development marks a significant milestone for the Gateway State and its economic prospects. Key stakeholders in the oil industry,…
HON. WALIU IFEDOLAPO OWODE (OLOOGUN EBI) IJEBU EAST CONSTITUENCY OGUN STATE HOUSE OF ASSEMBLY
Agricultural Training & Empowerment Initiative Invitation for Applications: Three-Month Intensive Soilless Agricultural Training Program Hon. Waliu Ifedolapo Owode is excited to announce a unique opportunity for unemployed women and youths in Ijebu East Constituency. Applications are now open for a three-month intensive training program focused on soilless farming, aquaculture, processing, value chain, agri-business, and agri-preneurship….
Governor Abiodun Announces Reconstruction of 63-km Ado-Odo/Abeokuta Motorway and Commissions 27-km Ilaro-Iwoye-Owode Road
Abeokuta, Nigeria – May 30, 2024 In a significant move to enhance infrastructure and stimulate economic activities in Ogun State, Governor Dapo Abiodun has announced the commencement of the reconstruction of the 63-kilometre Ado-Odo/Abeokuta motorway. This major project is expected to bring much-needed relief to motorists and facilitate the efficient transportation of goods across the…
Breaking News: Presidential Committee Recommends Withholding Tax Exemptions for Manufacturers and Farmers
Lagos, Nigeria – May 30, 2024 In a significant move aimed at easing the tax burden on businesses, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has announced new recommendations to exempt manufacturers and farmers from withholding tax. This announcement was made at a public forum discussing proposed amendments…
BREAKING: Dangote Set to Run All Cement Trucks on Compressed Natural Gas (CNG) in Line with President Tinubu’s Alternative Fuel Agenda
Lagos, Nigeria – May 30, 2024 In a significant move aligning with President Bola Tinubu’s directive on adopting alternative fuels for official vehicles by 2025, Dangote Cement Plc has announced that it will transition all its cement trucks to run on Compressed Natural Gas (CNG). This announcement was made during the 15th Annual General Meeting…
CJN to Convene Emergency Meeting Next Week Over Kano Emirate Dispute, Investigate Chief Judge
Abuja, Nigeria – May 30, 2024 The Chief Justice of Nigeria (CJN), Justice Olukayode Ariwoola, has scheduled an emergency meeting for next week to address the ongoing situation involving the Kano Emirate. This meeting will include thorough investigations into the actions of the Chief Judge of the Federal High Court, Justice John Tsoho, and the…
Dangote Refinery Targets 500,000 Barrels Daily Production by July, Eyes Stock Market Listing by December
LAGOS, Nigeria — The Dangote Oil Refinery is gearing up to reach a production capacity of 500,000 barrels per day by July, marking a significant milestone for the $20 billion facility. The refinery, which is set to become one of the largest in the world, aims to list on the Nigerian Stock Exchange by December…
Federal Government Reactivates Social Investment Program to Support 75 Million Nigerians
ABUJA, Nigeria — The Federal Government announced on Tuesday the reactivation of the temporarily halted social investment program, aimed at providing direct financial assistance to 75 million individuals in 50 million households. This initiative is designed to alleviate the hardship faced by citizens, particularly those in vulnerable groups. The announcement was made by Wale Edun,…
NNPCL Discovers 122 Illegal Oil Refining Sites in Niger Delta
The Nigerian National Petroleum Company Limited (NNPCL) has uncovered 122 illegal oil refining sites in the past week across the Niger Delta region, highlighting ongoing efforts to combat oil theft and vandalism. In a documentary released by NNPCL on Tuesday, the company detailed its recent findings and actions taken against illicit oil activities. The report…
Leaders in North East Attend Funeral Prayers for Late EFCC Chair Lamorde
Abuja, Nigeria – Vice President Kashim Shettima, along with other notable dignitaries, gathered this afternoon at the National Mosque in Abuja for the Jana’iza (funeral prayers) of the late Ibrahim Lamorde, former chairman of the Economic and Financial Crimes Commission (EFCC). Lamorde passed away yesterday, leaving behind a legacy of anti-corruption efforts in Nigeria. In…