Nigeria has $2.3bn Excess Crude Account balance, AGF tells NEC
HIGHLIGHTS OF NEC (4TH IN 2017) 77TH NEC MEETING – THURSDAY, 25TH MAY, 2017 REPORT ON EXCESS CRUDE ACCOUNT BY ACCOUNTANT GENERAL OF THE FEDERATION ∑ The Accountant General of…
Nigeria to close embassies in five countries
The Federal Government has approved the closure of five foreign missions and embassies, Minister of Foreign Affairs, Mr Geoffrey Onyeama said. Onyeama told newsmen in Abuja on Thursday, but he…
50 years after Biafra, Osinbajo says ‘we are greater together than being apart’
Acting President Yemi Osinbajo, SAN, has underscored the need for Nigerian leaders to give the younger generation the vision on a pathway to unity in diversity. Prof. Osinbajo made the…
Nigeria adopts wait and see to join OPEC production caps; Kachikwu says peace in Niger Delta is a decider
Nigeria is not opposed to joining OPEC production caps but will have to wait and see production back to acceptable levels. The Minister of State for Petroleum Resources, Dr. Ibe…
FCT AIDS/HIV control agency claims it spends N3bn annually on drugs
The Federal Capital Territory (FCT) Agency for Control of HIV/AIDS (FACA) says it expends about N3 billion annually on Anti-Retroviral drugs (ARV) for HIV patients in the territory. The Project…
17 years after, Senate passes Petroleum Industry Bill
The Senate on Thursday passed the Petroleum Industry Bill (PIB) after 17 year of consideration: The bill has been passed as the Petroleum Industry Governance Bill (PIGB). It is the…
Lagos court grants Ifeanyi Uba freedom, Abuja court tells DSS to keep him in custody
The Federal High Court sitting in Lagos has ordered the Department of State Services (DSS) to release the Chairman of Capital Oil, Ifeanyi Ubah, who has been in its custody…
Sad day in Lagos: Gunmen abduct students, principals
Gunmen suspected to be militants on Thursday morning invaded Lagos State Model College, Igbonla, Epe, Lagos, abducting the principals and some students. Epe and Ikorodu, two riverine parts of Lagos…
Privatisation of power sector not working, Senate wants review; PENGASSAN lauds FG on refineries
The Senate has called for a review of the privatization of the country’s assets, especially power, done by the Goodluck Jonathan administration on the ground that it is not working….
Nigerian jailed in Vietnam for drug offence, gets reprieve
A Nigerian, Izundu Lotanna Chukwudi, found guilty in southern Vietnam of attempting to retail methamphetamine and sentenced to 18 years in jail has won his appeal to get the term…