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Dangote Group, highest revenue contributor to solid minerals sector in 2019

By Rukayat Moisemhe Lagos, July 14, 2021 Dangote Cement Plc and Dangote Industries Limited are the highest revenue contributors to the country’s Solid Minerals sector in 2019, according to Nigeria Extractive Industries Transparency Initiative (NEITI). The Spokesman for Dangote Group, Mr Francis Awowole-Browne, said in a statement that NEITI revealed in its 2019 Audit Report that the two companies contributed about N778.28 million, representing 31 per cent of the N79.96 billion generated ...
Julius Berger Rukayat Moisemhe Francis Awowole Browne Orji Ogbonaya Gold Mining Development Solid Minerals

Senate faults NNPC over under-remittance of N3.8trn from crude oil sales

By Kingsley Okoye/08067555610 Abuja, July 14, 2021 The Senate on Wednesday at plenary faulted the Nigerian National Petroleum Corporation (NNPC) over alleged under-remittance of N3.8 trillion revenue from domestic crude oil sales to the Federation Account between January and December 2015. It therefore urged the corporation to desist from further deduction at source, as the practice contravened Section 162(1) of the 1999 Constitution (as amended). It also mandated the Federation Accounts Alloc...
Abuja Federal Capital Territory Kingsley Okoye Sallah Christians Ahmed Idris Financial Crimes Commission Revenue Service

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Bedeviling PIB with Obnoxious Provisions

Finally, the much-awaited Petroleum Industry Bill was passed by the two chambers of the National Assembly, recently. Of the 319 clauses and eight schedules that make up the bill, the ones concerning the host communities and the frontier development of oil have sparked national conversation, threatening to stir up a storm should reservations arising therefrom are not addressed before President Muhammadu Buhari’s assent. For them, giving three per cent, rather than the 10 per cent demanded, to ...
Niger Delta Nigeria General Rivers State Port Harcourt Abuja Federal Capital Territory Bayelsa State

Shall-Holma: Sealink Will Usher Competitive Shipping Regime in Africa

The Chairperson of the Sealink Implementation Committee, Mrs. Dabney Shall-Holma, has said the country must build a legacy in the maritime industry through the Nigerian Export-Import Bank funded- Sealink project which seeks to end the undue exploitation of Africans by the international shipping companies. In an exclusive interview with James Emejo, the former director of commercial shipping services at the Nigerian Shippers Council stated among other things that the project which will be launch...
United Kingdom South Africa James Emejo Safety Agency Nigerian Shippers Council Nigeria Inland Waterways Authority

Vigilante, hunters nab kidnapper, recover gun on Abuja-Lokoja road

He said the kidnappers, who emerged from the bush attempted to attack travellers, but the vigilante and hunters on patrol engaged in an exchange of gunfire. “The kidnappers fled into the bush after they discovered that the vigilante and the hunters overpowered them, while one of them was arrested on the process,” he said. The Senior Special Assistant to Kogi State Governor on Special Duties, Rilwan Bala Eteh, while speaking with our reporter, confirmed the arrest of the kidnapper, adding th...
Kogi State Nigeria General Abuja Federal Capital Territory Rilwan Bala Eteh Abubakar Bashir Gegu Williams Ovye Aya

#Twitterban as a needless distraction

Jide Ojo Published 9 June 2021Truth be told, I see last Friday’s indefinite suspension of Twitter in Nigeria as a needless distraction. It is a deliberate ploy by the Federal Government to take the minds of Nigerians off the raging banditry, kidnapping, insurgency and insecurity that have enveloped the country. Why should the deletion of one out of several thousands of tweets made ‘supposedly’ by the President, Major General Muhammadu Buhari...
United States United Kingdom South Africa Kaduna State North Korea Federal Republic Of Nigeria
Source: msn.com

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