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Author: statereporter
The Nigerian National Petroleum Company Limited (NNPC Ltd) has commenced the shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on a Delivered Ex-Ship (DES) basis, marking a significant milestone in its strategic vision to become a dynamic and reliable global energy. In a statement released by the company’s Chief Corporate Communications Officer, Olufemi Soneye, NNPC Ltd announced that this achievement was made possible through the collaboration of its two Downstream subsidiaries – NNPC LNG Ltd and NNPC Shipping Ltd. The first DES LNG cargo was delivered from the 174,000m³ LNG vessel Grazyna Gesicka at Futtsu, Japan, on…
The planned meeting between the Federal Government and the Academic Staff Union of Universities (ASUU) has been postponed from today to Wednesday, August 28. ASUU President Emmanuel Osodeke confirmed the postponement, although no reason was given. The meeting was intended to prevent another nationwide strike by ASUU, which had issued a 21-day strike notice to the Federal Government last week. The union is demanding the implementation of the 2009 renegotiated agreement, improved welfare for lecturers, increased funding for universities, and an end to the proliferation of universities. The strike notice was issued after ASUU’s national executive council meeting at the…
Nigerian lawyer, Rotimi Oguneso, who has close ties to President Bola Tinubu, reportedly earned $170,000 in legal fees as part of his role in an arbitration case that resulted in a $70 million judgment against Nigeria. Oguneso, a senior lawyer, defended Bola Tinubu at the presidential election petitions tribunal in 2023. He was nominated by Nigeria as its representative on the arbitration panel. Zhongshan nominated Matthew Gearing, a United Kingdom legal practitioner, as its representative on the panel. David Neuberger, former president of the UK Supreme Court, chaired the three-man panel. The arbitration stemmed from a dispute involving Zhongshan Fucheng…
President Bola Ahmed Tinubu has approved the appointment of new Directors-General of the National Intelligence Agency (NIA) and the Department of State Services (DSS). State reporters revealed that this was made known in a statement on Monday by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale. Tinubu appointed Ambassador Mohammed Mohammed as the new Director-General of the NIA. The President also sacked Yusuf Magaji Bichi and replaced him with Mr. Adeola Oluwatosin Ajayi is the new Director-General of the DSS. The statement reads: “Ambassador Mohammed has had an illustrious career in the foreign service since joining the NIA…
By Gabriel Ukuta In two separate interviews within two days on National Television Programmes, Former Governor of Bayelsa state, Senator Henry Seriake Dickson, who currently represents Bayelsa West at the National Assembly, has called for a reform of the constitution of the Federal Republic of Nigeria. Senator Dickson explained that it was a national imperative for the country as it would address the current challenges faced within the country which are occasioned by the current constitution in use. The lawmaker said the constitution does not convey the yearnings of the people as they were not consulted in its forming. He…
Former Vice President Atiku Abubakar, on Monday, challenged President Bola Tinubu to be brave and admit the return of fuel subsidy months after the President declared that subsidy was gone. Atiku, who lost to Tinubu in the 2023 presidential election, insisted that fuel subsidy had returned and alleging that it “has become an even wider conduit pipe through which money for funding the 2027 election will come from.” The ex-Vice President stated this in a statement released on Sunday by his media aide, Phrank Shaibu. “Tinubu visited the FMDQ in New York, Qatar and France, where he told lies about…
Socio-Economic Rights and Accountability Project (SERAP) has asked Nigeria’s 36 state governors and Nyesom Wike, minister of the Federal Capital Territory, to provide detailed information regarding any Chinese loans and other external borrowings obtained and guaranteed by the Federal Government. In a statement released over the weekend, SERAP urged the governors and the FCT minister to disclose the full terms and conditions of these loans, including provisions on collateral, interest rates, repayment obligations, and any incidents of defaults or debt restructuring. SERAP urged them to “provide details of the repayment obligations regarding any Chinese loans, liabilities and other external borrowing…
The Commissioner of Police in the Federal Capital Territory (FCT), Benneth Igweh, has condemned the killing of some officers during a clash between Police operatives and some members of the proscribed Islamic Movement in Nigeria (IMN), popularly known as Shiites. Igweh, while lamenting the development, said the Shiite members have declared total war on security operatives by their actions. He said the killing of police officers and the injury inflicted on others by the protesters won’t be taken lightly, and Sunday’s version would be the last time the Shiites would carry out any protest or procession in the FCT. “You…
Napoli have received a €65 million offer for their star striker, Victor Osimhen, from Saudi Arabian club Al Ahli. This marks the first official bid for the Super Eagles forward, who has been the subject of intense transfer speculation throughout the summer. Osimhen, who has been pivotal for Napoli in Serie A, was notably absent from the squad for Sunday’s home league match against Bologna, further fueling rumors of his impending departure. Football transfer expert Fabrizio Romano confirmed the offer in a post on X (formerly Twitter), stating: “Al Ahli have submitted an initial bid to Napoli for Victor Osimhen…
The combined impact of Naira depreciation and high inflation pressure has triggered a 121 per cent rise in the production cost of cement, dimming Nigerians’ hope for lower cement prices. depreciation and high inflation pressure has triggered a 121 per cent rise in the production cost of cement, dimming Nigerians’ hope for lower cement prices. Another factor militating against the lower price of the product is the rising trend in smuggling to neighbouring countries where the price is higher than the price in Nigeria. In neighbouring countries like Chad and Cameroon, the price ranges from $120 to $150 per 50kg…
