Tag Archives: Abuja

ERGP: Nigeria hopes to  attract $25bn in foreign investments

 By Nduka Uzuakpundu Muhammadu Buhari, the President of Nigeria, has reiterated his administration’s commitment to a successful execution of the Economic Recovery and Growth Plan (ERGP). At the launch of the Focus Labs, on Tuesday, at State Banquet Hall, in Abuja, he described the labs as closed-door investment platforms, whose profile for economic growth and transformation would be sharpened by ...

Read More »

Significant growth in non-oil sector is creating thousands of jobs – Buhari

Muhammadu Buhari, the President of Nigeria, is delighted that the significant growth in the non-oil sector is creating thousands of jobs across the country. He said this during a meeting with a Qatari business delegation led by the former Emir, Sheikh Hamad Bin Khalifa Al-Thani, at the Presidential Villa in Abuja. “As you are aware, Nigeria just exited its worst ...

Read More »

Currency scarcity: CBN issues traders with lower naira notes

The Central Bank of Nigeria has commenced the disbursement of smaller naira notes to traders in order to improve upon the circulation of N5, N10, N20, and N50 in the economy. The acting Director, Currency Operations Department, Priscilia Eleje, said this at a publicity campaign on “Disbursement of Lower Denominations of the Naira’’ in Wuse Market, Abuja, on Tuesday. She ...

Read More »

Charlyboy leads protest to NNPC HQ over fuel scarcity

Charles Oputa, a.k.a Charlyboy, on Wednesday, led the `Ourmumudondo’ group, on a peaceful protest to the headquarters of the Nigerian National Petroleum Corporation (NNPC) over lingering fuel scarcity across the country. ‘Ourmumudondo’ is a non-political coalition of Nigerians from all backgrounds that advocates national reawakening towards holding leaders responsible and ensuring good governance at all levels. The News Agency of ...

Read More »

FG resolving Apapa gridlock with private sector – Osinbajo

Vice-President Yemi Osinbajo, on Tuesday, assured stakeholders that the Federal Government was, currently, collaborating with the private sector to resolve the gridlock that is crippling economic activities in Apapa, Lagos. According to a statement by his Senior Special Assistant on Media and Publicity, Laolu Akande, the Vice-President spoke, while receiving a delegation from the Lagos Chamber of Commerce and Industry ...

Read More »

Kachikwu, OPEC Secretary-General attend petroleum summit in Abuja

Nigeria held its inaugural edition of International Petroleum Summit, on Monday, in Abuja, the Federal Capital Territory. The Minister of State for Petroleum Resources, Ibe Kachikwu, presented the ministerial address, while the Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Maikanti Baru, delivered a speech at the event. President Muhammadu Buhari was represented by the Secretary to the ...

Read More »

Nigerians unhappy with lingering fuel crisis

Nigerians are not happy with the lingering fuel scarcity being experienced in some parts of the country. Many consumers have deplored the development, adding that it did not speak well of the President Muhammadu Buhari-led administration. While lamenting the situation, some said fuel and light that were the most essential in a developing country had become terribly scarce. Following the ...

Read More »

#Fuelscarcity: JTF uncover another illegal filling station selling at N240, dash motorist fuel

The Fuel Joint Task Force (JTF) consisting of the Nigerian National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR) and National Security and Civil Defence Corps (NSCDC) has uncovered two more filling stations selling fuel for N240 per litre, in Bassa Village, behild Abuja Airport, Abuja. The illegal filling station wad said to have 39,000 litres in its stock  before ...

Read More »

NNPC, DPR, seal stations in Abuja dispense free fuel to motorists

Some motorists in Abuja got more free petrol, on Wednesday, as the Nigerian National Petroleum Corporation (NNPC) and the Department of Petroleum Resources (DPR) sealed more stations. The team had sealed the Khalif Civic Centre and Investment Limited at Kubwa, a suburb of Abuja, on Tuesday. ”This is an effort of government to continue to identify all those who are ...

Read More »

NNPC, DPR intensifies raid on erring fuel stations

The Nigerian National Petroleum Corporation (NNPC) and Department of Petroleum Resources (DPR) have increased their unscheduled visits to fuel stations in Abuja, which are suspected to be involved in illegal actvities. A statement by the NNPC said the raids, in collaboration with operatives of the Nigerian Security and Civil Defence Corps (NSCDC), had earlier led to the clampdown of a ...

Read More »