Author: Orientalnews Staff

By Ibrahim Musa There are indications that the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, the regulator of Nigeria’s upstream oil sector, is not responsible for the alleged delay in granting consent to the sale of $1.3 billion ExxonMobil’s 40 percent stake in Mobil Producing Nigeria Unlimited, MPNU’s assets to Seplat Energy Plc. The intention of ExxonMobil to sell its oil assets to Seplat Energy Plc, a leading Nigeria’s independent energy company, started over two years ago but has not yet been concluded. The Commission Chief Executive, NUPRC, Gbenga Komolafe, could not be reached for comments. But speaking at the Africa…

Read More

Yemisi Izuora Stanbic IBTC Bank recently announced 70 more customers as winners of ₦100,000 each in its Reward4Saving promo March draw. The promo was launched to encourage Nigerians to save and earn rewards for maintaining a consistent savings habit. The Reward4Saving 3.0 promo will continue to reward 70 customers who maintain at least ₦10,000.00 in their savings account for up to 30 days, each month until August 2024. In addition, seven lucky customers will receive ₦1 million each in the quarterly draws scheduled to hold in June, while seven more customers will be rewarded with ₦2 million in the…

Read More

Uche Cecil Izuora The Presidential CNG Initiative, is set to deliver on President Tinubu’s vision and promise, with the rollout of the Compressed Natural Gas, CNG, as alternative automative fuel in the country. Under the initiative over, 600 buses are targeted for production in the first phase that will be accomplished this year. A new plant on the Lagos-Ibadan Expressway will assemble thousands of tricycles. The SKD parts manufactured by the Chinese company LUOJIA in partnership with its local partner to support the consortium of local suppliers of CNG tricycles  are set for shipment to Nigeria and expected to…

Read More

Francesca Odimgbe Lagos State Governor, Mr. Babajide Sanwo-Olu, has congratulated Nigerian Chess master, Tunde Onakoya, for setting a new Guinness World Record for the longest marathon chess. Governor Sanwo-Olu, in a statement issued by his Special Adviser on Media and Publicity, Mr. Gboyega Akosile, said Onakoya’s remarkable story showed that with determination, dreams can indeed soar to monumental heights. Governor Sanwo-Olu, while commending Tunde Onakoya for beating World Guinness records, said the journey of the Chess master from Lagos, Nigeria, to global recognition embodies the spirit of Lagos as a great city. He said: “Congratulations to…

Read More

In a tenure marked by transformative leadership, Dr. Tinuade Sanda has steered the Eko Electricity Distribution Company (EKEDC) to unprecedented heights, capturing the attention of stakeholders across Nigeria. Her impact is not only recognized by the Federal Government but also celebrated through accolades from prestigious organizations such as VANGUARD and AFRISAFE, to mention a few. Driven by excellence, she has orchestrated a remarkable increase in monthly collections, reaching an impressive 17.1 billion Naira. Her strategic reforms, including the reduction of ATC AND C to 1%, have not only curbed electricity leakages but also boosted operational efficiency for EKEDC. However,…

Read More

Joseph Bakare Comptroller Michael Ugbagu has assumed office as the 28th Comptroller of the Federal Operations Unit zone C (FOUC) of the Nigeria Customs Service, Owerri. Comptroller Ugbagu took over from his predecessor, Comptroller Kayode Kolade in a simple ceremony in Owerri, on Friday. Comptroller Ugbagu thanked the Comptroller-General of Customs; Adewale Adeniyi, MFR, and his entire management team, for the trust and confidence bestowed on him to pilot the affairs of the Unit. He equally thanked Comptroller Kolade for his “highly commendable “ achievements while he held sway  and pledged continued compliance with established guidelines while discharging his…

Read More

Ken Okeke It was a grand occasion in Area 2 Command of the Nigeria Customs Service today Friday 19 April 2024, as the Command held a sensational Handing and Taking over Parade in honour of the Out-going Customs Area Controller, Comptroller Baba Imam and the In-coming Area Controller, Comptroller Mohammed Babandede. The Command had in attendance to witness the parade, various Commanders, Heads of Security Agencies and Stakeholders working in the Port Environment. Comptroller Baba Imam in his welfare address, appreciated God for his mercy and Love, he also appreciated the Controller General of Customs BA Adeniyi mfr dsm fnipr…

Read More

Tunde Bakare The European Union (EU) has unveiled an initiative aimed at enhancing law enforcement and trade facilitation at the Nigeria Customs Service Headquarters in Abuja. The EU expresses concern over rampant issue of illicit trafficking and smuggling across borders. The project, titled “Getaway Corridor,” according to EU representatives Louis Jacques Blondiau and Thierry Thimon, is set to cover ten countries, including Nigeria, with the goal of curbing illicit activities on the borders and suppressing smuggling operations. Louis Jacques Blondiau, the leader of the group, emphasised that the Getaway Corridor project entails the development of a road infrastructure network…

Read More

Joyce Onwuka All necessary machinery has been put in place by the Osun State Government to accord a rousing welcome to the First Lady of Nigeria, Senator Oluremi Tinubu, on Tuesday April 23, 2024. This is contained in a Press Statement issued by the Osun State Commissioner for Information and Public Enlightenment, Oluomo Kolapo Alimi. The turning of the sod by the Wife of the President of Nigeria, Senator Oluremi Tinubu, according to Oluomo Alimi is at the instance of her Non Governmental Organisation, (NGO) *Renewed Hope Initiative*, geared towards achieving a better life for all families in Nigeria.…

Read More

Moses Ofodeme The Uyo Zonal Command of the Economic and Financial Crimes Commission, EFCC, has secured the conviction and sentence of the proprietor of  Uyo Cybercrime Training Centre,  Ikemesit Edet ((a.k.a Hustle Kingdom HK). He was jailed on Wednesday  April 17, 2024 after pleading guilty to two-count charges   bordering on impersonation, love scam, hacking/editing of social media accounts and private criminal tutoring, upon his arraignment by the Uyo Zonal Command of the EFCC. Count one reads: That you IKEMESIT EDET IK sometime in January, 2024 in Nigeria within the jurisdiction of this Honorable court, being the occupier and a person…

Read More