Shettima supports electric vehicle transportation Vice-President Kashim Shettima has said the adoption of electric mobility as a more sustainable mode of transportation will tackle the challenge of air pollution in the country. Shettima disclosed this, according to a statement on Friday, during the inspection of the solar-powered charging stations for e-mobility domiciled in the State…
IATF: Dangote seeks greater Expansion of Trade and Investments in Africa *As Dangote subsidiaries show strength in Cairo Africa’s leading entrepreneur and President/CE of the Dangote Industries Limited, Aliko Dangote has called for greater integration of African economies and expansion of trade and investments across the continent to stimulate growth and create employment opportunities. Speaking…
NIMASA boss hosts FOC Western Naval Command, committee for blue economy formed The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, says collaboration with the Nigerian Navy has played a key role in the achievements of his Administration in terms of maritime security in Nigerian waters and the Gulf of…
The Group CEO of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has adovcated for diversified energy portfolio towards attaining energy transition. He stated this while delivering an Industry address at the opening ceremony of the 41st Nigerian Association of Petroleum Explorationists (NAPE) Conference in Lagos, according to a statement by the Chief Corporate…
Global LNG trade to grow by 25% to 500m tons yearly in 5 years – IEF Global trade in liquefied natural gas (LNG) hit a record high in 2022 and is expected to grow by another 25 percent to 500 million tons annually in five years, according to a new report by the International Energy…
Strike: EKEDC urges customers to use approved e-payment channels Eko Electricity Distribution Company (EKEDC) has urged its customers to use the company’s approved e-payment channels due to the closure of all its business offices. The company said it temporarily closed all its business offices due to the ongoing industrial strike action by the Nigerian Labour…
Senate examines MDAs 2024-2026 Fiscal, Expenditure Framework The Senate has said that a genuine and deliberate collaboration between the legislature and the executive arms of government could produce a robust fiscal policy that would effectively address the economic challenges currently confronting Nigeria. According to the Senate, such collaboration would not only guarantee economic growth but…
We have no plan to shut down our plant, NLNG clarifies The Nigeria Liquefied Natural Gas Limited (NLNG) says it has no plan to shut down contrary to report that it will totally shut down its entire six trains’ plant for maintenance in February next year. A statement by the gas company said: “Our attention…
FCTA earns N1.7bn from building approvals, demolishes 11,705 shanties The Department of Development Control of the Federal Capital Territory Administration says it demolished a total of 11,705 shanties across the territory between January and October 2023. The department also said it generated N1.7bn from building plans approvals, adding that it created 13,873 direct and indirect…
Eight firms lose N918.1bn to floatation of Naira Eight firms have declared N918.1bn as currency revaluation loss following a 68.55 percent decline in the value of the naira against the dollar as of the end of September 2023. Following a Central Bank of Nigeria move in June to allow the market to determine the value…
