Author: NPO Admin I
By Halimah Olamide The Federal Government on Thursday extended the free train ride to Sunday January 7. In a statement personally issued the Minister of Transport, he said the directive came from President Bola Tinubu. In the statement signed by Senator Said Ahmed Alkali, the Minister, he said the extension was to allow more Nigerians who are yet to return to their stations enjoy the benefit. The Federal Government announced a free train service on all serviced routes and 50% rebate on road transportation from December 21, 2023 to January 4th, 2024 on specific routes to reduce the burden of…
By Halimah Olamide There are indications that an aide of the former President Muhammadu Buhari, Tunde Sabiu, was the originator of the Naira redesign project under the headship of former Central Bank of Nigeria’s Governor, Godwin Emefiele. It was also reported that huge funds have been traced to foreign accounts operated by Emefiele as the special investigator appointed by President Bola Tinubu opens the apex bank’s can of worms under the watch of Emefiele. The probe document revealed that “The former President tagged along but did not approve the redesign as required by law. Buhari merely approved that the currency…
As Mele Kyari Says Promises Have Been Kept By Halimah Olamide The board and management of the Nigerian National Petroleum Company were at the PortHarcourt Refinery on Thursday to see to the commencement of production as the chairman , Pius Akinyelure assured that the company is set to maintain high level of production to keep prices of petrol low. This was just as the Group Chief Executive Officer of the company Mele Kyari, said that promises to revive the refinery and complete the mechanical aspect of the turn around would be delivered by the end of December 2023. He said…
An $11 billion damages bill against Nigeria for a collapsed gas processing project which was procured by bribery has been thrown out by London’s High Court. The West African country was on the hook for the sum – representing around a third of its foreign exchange reserves – after a little-known British Virgin Islands-based company took Nigeria to arbitration over the deal. But the High Court ruled in October that the contract was procured by Process & Industrial Developments (P&ID) paying bribes to a Nigerian oil ministry official. Judge Robin Knowles also found that P&ID failed to disclose the bribery…
By Halimah Olamide A popular actor and comedian, Williams Uchemba, has alleged that officials of the Eko Electricity Distribution Company are demanding gratifications before his estate could be supplied light during this Christmas season. Uchemba, who went on social media to speak about the development in a video, said his estate located in a eyebrow part of Ikoyi has been in darkness for days. The actor said when the chairman of the estate reached out to the boss of the electricity company, he only said “come and see me.” According to Uchemba, the electricity company’s boss’s demand to be “seen”…
By Kamil Opeyemi The presidency has listed transport firms that are participating in the festive season’s transport palliative being put in place for the Christmas and New Year period. Bayo Onanuga, Special Adviser to the President on Information and Strategy, gave out the names of partner firms in a statement late Wednesday. According to Onanuga, the companies already engaged are: 1.GIG ( God is Good) 2. Chisco Transport 3. Young Shall Grow 4. God Bless Ezenwata 5. Area Motor He also gave out a list of routes which the transport companies are expected to function. The routes are listed below:
By Halimah Olamide There are indications that the hitherto muribound PortHarcourt Refinery is roaring back to life as some workers have been seen to be jubilating over its revival. NPO Reports that the death of the nation’s four refineries had culminated in the importation of fuel with attendant high cost to consumers. President Bola Tinubu had promised during his electioneering that the refineries would come back to life under his administration. Workers have been seen in video congratulating one another themselves for the revival of the plant. An NNPC official who preferred not to be named said that the…
By Kamil Opeyemi Former Governor of Ogun State, Ibikunle Amosun, has said that former National Chairman of the All Progressive Congress, Adam Oshiomhole was the biggest problem of the APC when he served as its chairman. Amosun said Oshiomhole, now a senator needed to be removed for the party to achieve its electoral success. Amosun’s statement was sequel to the allegation by Oshiomohole that Amosun and former Governor of Ekiti State led the conspiracy to oust him from office as the National Chairman. Amosun said it was obvious Oshiomhole was merely trying to warm himself into the good book of…
By Halimah Olamide The Nigerian National Petroleum Company (NNPC) is determined to use gas resources to revolutionize the nation’s power and industrial sectors. This was the promise by the Group Chief Executive Officer of the company, Mr. Mele Kyari while speaking during a signing ceremony of a Shareholders Agreement (SHA) between the NNPC Ltd., UTM Offshore (an indigenous company), and the Delta State Government on the development of the first Floating Liquefied Natural Gas (FLNG) facility in Nigeria, held at the NNPC Towers in Abuja, on Tuesday. “In the next 2-3 years, we will use gas to bring about a…
The Nigeria Labour Congress (NLC) has urged the Federal Government to address the current cash crunch in the country to prevent hardships on its citizens. Mr Joe Ajaero, NLC President said this on Tuesday in a statement titled “Cash Crunch: An incitement of Nigerians”. Ajaero said the congress was deeply concerned about the recent cash crunch that had gripped the Nigerian economy, particularly as the nation approached the festive season. According to him, the economic challenge has far-reaching implications for the citizens of the great nation. “There is need for urgent steps to be taken to address this issue to…