Yemisi Izuora Nigeria has signaled a modernization programme to boost its livestock industry. The plans will be implemented with strong cooperation with the French Development Agency (AFD) to support the implementation of the country’s national ranching policy as the government seeks to modernize the country’s livestock sector. The initiative emerged from a meeting between Idi Mukhtar Maiha, Nigeria’s Minister of Livestock Development, and an AFD delegation led by the Agency’s country director, Jacky Amprou. A 2015 study by the U.S.-based humanitarian organization Mercy Corps estimated that farmer-herder conflicts cost Nigeria nearly $13.7 billion annually. The livestock sector contributes 35 per…
Author: Orientalnews Staff
Yemisi Izuora Shell Companies in Nigeria awarded contracts worth $518 million to indigenous companies last year in a big boost to the development of Nigerian content in oil and gas operations. Similarly, some 123 indigenous companies were engaged across the value chain of Shell businesses in Nigeria in the same period. “The payments show a strong support for Nigerian service providers in our operations,” said Vice President Commercial Rohan D’Souza while commenting on the figures recently published in Shell’s 2025 Payments to Governments Report. “We see the development of Nigeria companies beyond compliance with laws. It is…
Uche Cecil Izuora Italian oil major Eni has expressed the belief that Africa could play a larger role in global energy security as renewed conflict in the Middle East raises the risk of another oil price surge. In an interview with Italian financial daily Il Sole 24 Ore, Eni CEO Claudio Descalzi warned that oil prices could climb above $100 per barrel by early next year if the conflict continues, adding that such an increase would fuel global inflation and weaken energy demand. Descalzi made the comments after hostilities between the United States and Iran resumed just weeks after Washington and…
Conference 57 CPS Honours Gboyega Akosile for Excellence in Strategic Communication
Joyce Onwuka The Sundiata Post Intelligence Unit (SPIU) has formally announced the renaming of its flagship theoretical framework from the Trinity of State Decay (TSD) to the Trinity of Sovereignty Decay (TSD). The theory was formulated by its Lead Researcher and CEO, Max Nwabueze Amuchie. The decision follows a comprehensive review of the framework’s conceptual architecture and reflects a refinement of its central theoretical proposition. According to SPIU, the revised title more accurately captures the construct’s principal argument: that many contemporary governance crises are not merely episodes of state decay or institutional malfunction, but are, more fundamentally, episodes of…
Joseph Bakare Gunmen had opened fire at people after a funeral in north-central Nigeria killing eight, Police said Monday. The attack occurred in the early hours of Sunday in the Otukpo-Nobi community of Benue state. Five others were wounded, state Police spokesperson Udeme Edet said. It wasn’t clear what triggered the attack. Herders and farmers have often clashed over resources in Benue, a key food-producing state in Nigeria. Last year, 150 people were killed in the Yelewata community. Edet said thatched houses and a motorcycle were also set ablaze, adding that more officers have been deployed in the area.…
Yemisi Izuora Indigenous oil Company Oando Plc, has announced one of its strongest annual results to date, disclosing ₦204.8 billion in profit after tax and delivering a major uplift across production and trading volumes in its audited Full Year 2025 financial results. Oando, said the year marked a decisive shift from acquisition-led expansion to full operational execution following the integration of the Nigerian Agip Oil Company Joint Venture assets. The firm’s average daily production rose 32% to 32,482 barrels of oil equivalent per day (boepd), driven by stronger crude oil, gas and Natural Gas Liquids (NGL) output. The company credited…
Moses Ofodeme For aiding and abetting political violence in Osun state, Governor Ademola Adeleke has advocated economic sanctions and visa bans on Blue Marine Minister, Gboyega Oyetola, Senator Francis Fadahunsi, Bola Oyebamiji, Hon. Wole Oke and some leaders. Speaking while receiving a delegation of the British government on the forthcoming Osun elections, Governor Adeleke noted that those listed actively promote political violence in Osun state through their cronies and allies, leading to killings and gun attacks across the state. While commending security chiefs for stepping in to stop the violence, the governor accused those listed as tactfully and openly…
By CNBC Africa Nigeria’s naira held relatively firm in the first half of the year as stronger dollar liquidity, rising external reserves and improved crude oil production helped stabilize the foreign exchange market, even as inflation risks and geopolitical uncertainty continue to cloud the outlook. Data from Nigeria’s official foreign exchange market showed the naira trading at around ₦1,380 per U.S. dollar, while the International Monetary Fund has said the currency remains undervalued by 25.6% despite its recent recovery. Speaking in a television interview, Bankole Oduanya, treasury chief dealer at Polaris Bank, said recent market dynamics suggest the local…
Ken Okeke Kogi State Governor, Ahmed Usman Ododo, has reaffirmed his administration’s unwavering commitment to the welfare, security and well-being of Corps members serving in the state, describing them as critical partners in the government’s development agenda. Governor Ododo gave the assurance while receiving the Director General of the National Youth Service Corps (NYSC), Brigadier General Olakunle Nafiu, at the Government House in Lokoja. Congratulating the Director General on his appointment, the Governor expressed confidence in his leadership, saying his tenure would be remembered for reforms that would further strengthen the Scheme and enhance its contributions to national development. He…