Tag Archives: Edo state

Consumers groan as fuel queues resurface in Edo

  Serpentine queues of consumers have resurfaced at major filling stations in Edo State due to the scarcity of the premium motor spirit, popularly know as petrol. It was gathered that most of the independent marketers, who had the product in stock, dispensed it above the official pump price of N145 per litre. Those who monitored the situation, on Wednesday, ...

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Chinese firm seeks slot in Benin Industrial Park

Barely a day after Chinese engineering firm, China Harbour Engineering Company (CHEC) Ltd arrived Benin City, to commence preliminary work on the Gelegele Seaport Project, another Chinese company, Tianjin-Yuyung Construction Engineering Company Ltd, has indicated interest to partner with the state government on the development of the Benin Industrial Park (BIP). Edo State Governor, Godwin Obaseki, who received the team ...

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Oil rises towards $80

Oil prices on Thursday hit their highest since December, 2014, pushed up after U.S. crude inventories posted a 10th straight week of declines and as the dollar continued to weaken. Oil prices rallied to three-year high, boosted by a record 10th straight weekly decline in U.S. crude inventories. International benchmark Brent futures were nudging 71 dollars per barrel, both crude ...

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NYSC D-G advises Corps members on skills’ acquisition programmes

The Director-General (DG) of the  National Youth Service Corps (NYSC), Suleman Kazaure, on Thursday, advised corps members to embrace the Skill Acquisition and Entrepreneur Development (SAED) programmers put in place by the NYSC for their self-empowerment and benefits. Kazaure made the appeal when he visited the Delta State permanent orientation camp of the NYSC located at Issele Uku. He reminded ...

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Export activities set to kick off at Edo Inland Container Dry Port

The Edo Inland Container Dry Port (EDO-ICD) will soon commence export activities, an official of the port has said.  Charles Akhigbe, the Chief Executive Officer of Atlanque Marine Engineering Service (AMES), promoter of the Edo-ICD, announced this on Monday, at a meeting with stakeholders. The stakeholders included the Edo State Export Cluster Group and relevant federal agencies. Akhigbe said that ...

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Power collapse: Power generation drops to 3,929 megawatts

The improvements, in the power sector, in terms of generation, has suffered anothet set back, as a result of multiple system collapse that affected the grid at the beginning of the New Year. As a result of the system collapse, peak generation as at 6th of January dropped to 3,929 megawatts from the initial 5,222MWs. Meanwhile, new statistics from Operational ...

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