Monday 22nd April 2019
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Business

Groups petition Ngige on BATN, workers’ face-off

Dr. Chris Ngige

A coalition of civil society groups on the platform of the Nigeria Tobacco Control Alliance (NTCA) has written to Labour & Employment Minister, Dr. Chris Ngige, demanding his intervention in the alleged anti-labour practices reported in British American Tobacco Nigeria (BATN) factory in Ibadan, Oyo State. A handful of ex-BATN workers had in a press briefing in Lagos last year ...

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Federal varsity reviews government’s economic recovery plan

FUNAI

Over the last years the Nigerian economy has been in doldrums, leaving behind tales of inflation, unemployment, poverty and the likes. To stem the ugly tide and return the country on the part of economic prosperity, the administration of President Mohammadu Buhari launched the Economic Recovery and Growth Plan (ERGP). The strategic importance of the Plan to the country in ...

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NEITI makes clarifications on non-remittance of crude oil proceeds, NLNG dividends

Waziri Adio

The Nigeria Extractives Industries Transparency Initiative (NEITI) has said that there are misrepresentations and inaccuracies in some sections of the media arising from publications based on its recent presentation at a public hearing organised by the House of Representatives. The House of Representatives Ad Hoc Committee had invited NEITI to its public hearing held on the Thursday, June 8, 2017 ...

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Group asks court to order government to provide free, pre-paid meters to all Nigerians

Babatunde-Fashola

The Socio-Economic Rights and Accountability Project (SERAP) has sued the Federal Government and the Minister of Power, Works and Housing, Babatunde Fashola, over “their collective failure, refusal and/or negligence toenforce their own directives to electricity distribution companies (DISCOs) to provide free pre-paid meters to all Nigerians and end the use of patently illegal, arbitrary, unfair and discriminatory estimated billing across the ...

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Nigeria earned $590bn from petroleum sector in 15 years, says transparency agency

Waziri Adio

The Nigeria Extractive Industries Transparency Initiative (NEITI) has called for closer partnership with the civil society to enable it implement remedial issues contained in its reports of the oil and gas industry. The Executive Secretary of NEITI, Waziri Adio, made the call in Abuja at a special workshop by Publish What You Pay, a leading civil society organisation working in ...

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The Eagle Online is back

Dotun Oladipo

The Eagle Online, a web-based newspaper published by Premium Eagle Media Limited, took a break to enable it change its host and put in place a new theme, both of which have been fully accomplished. Some of those who have visited the news website since it was reactivated have described it as reader friendly and fast on both handheld devices ...

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Shell inducts top-performing students into mentorship programme

Shell-students

Beneficiaries of The Shell Petroleum Development Company (SPDC) Joint Venture undergraduate scholarship who have consistently earned excellent grades have been inducted into a new mentorship programme aimed at grooming them for entry into the oil and gas industry and motivating them to maintain their top academic performance. “Our ‘Shell Meet Scholars’ programme is an extension of our joint venture’s education initiative for ...

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Shell’s Bonga oil field delivers 702m oil barrels in 12 years

SNEPCo-Shell

The Bonga oil field has produced about 702 million barrels of oil since inauguration in 2005, and operated at more than 92 percent availability in 2016, Managing Director of the oil field operator, Shell Nigeria Exploration and Production Company (SNEPCo), Bayo Ojulari, has said. The volumes came from the Bonga main field and Bonga Phases 2 and 3 that unlocked ...

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The Eagle Online announces short break for better service

Dotun Oladipo

The Management of The Eagle Online has announced a short break in its online news service. According to the management, the break is to allow for a change of its host. In a statement signed by the Managing Editor of the online newspaper, Dotun Oladipo, on Wednesday, the break will commence from 12am on Thursday. Oladipo said the management was ...

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Transparency agency begins audit of petroleum sector

Waziri Adio

The process for a comprehensive independent audit of the oil and gas sector by the Nigeria Extractive Industries Transparency Initiative (NEITI) has commenced. The independent audit, to be conducted in line with the principles and standards of the global Extractive Industries Transparency Initiative, will cover the period 2015 and 2016 respectively. Executive Secretary of NEITI, Waziri Adio, announced this recently ...

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