Francesca Odimgbe Lagos State Governor, Mr. Babajide Sanwo-Olu has taken full responsibility and apologised to motorists who endured prolonged traffic gridlock for several hours on Wednesday following the closure of the Independence Bridge in Victoria Island, Lagos. Speaking during an on-the-spot assessment of the Independence Bridge on Thursday morning, Governor Sanwo-Olu, who was accompanied by the Commissioner for Transportation, Mr. Oluwaseun Osiyemi; his Information and Strategy counterpart, Mr. Gbenga Omotoso and Special Adviser to the Governor on Transport, Hon. Sola Giwa, among other State officials, said inadequate public communication and planning about the road closure contributed to…
Author: Orientalnews Staff
Joyce Onwuka Hope to build household and community resilience as well as improve nutrition to millions of underserved groups in Nigeria is underway following approval by World Bank three intervention operations in Nigeria. Under the programme the Bank is spending about $1.08 billion in concessional financing, to enhance education quality, build household and community resilience, as well as improve nutrition for underserved groups. The World Bank said the approved facility included $500 million in additional financing for the NIGERIA: Community Action for Resilience and Economic Stimulus (NG-CARES) Program; $80 million for Accelerating Nutrition Results in Nigeria (ANRIN 2.0), and…
By Salisu Na’inna Dambatta The end of the glorious career of Mele Kolo Kyari at the NNPC and later, NNPCL is such that he left the organisation with his shoulders very high despite all the challenges and complex Nigerian factors which manifested in the course of his long career at the Oil and Gas industry. His service was full of activities and he proved to be an oil man that knew the industry inside out. His grip of the intricacies of the Nigerian, indeed, global energy sector, is undeniably superb. His deep knowledge of the industry enabled him to…
Roland Iwuchukwu The African Mining Week (AMW) conference and exhibition has officially launched its 2025 program, unveiling key topics and lucrative opportunities across Africa’s mining value chain. The three-day program will foster collaboration on investment, value addition, local content development and industrialization. Bringing together African regulators, key mining stakeholders and global partners, AMW serves as a critical platform for shaping the future of African mining. Scheduled for October 1–3 in Cape Town, AMW takes place under the theme, From Extraction to Beneficiation: Unlocking Africa’s Mineral Wealth. The event is co-located with the African Energy Week: Invest in African Energies…
Valentine Okafor As part of its services expansion in Nigeria, U.S Banking major, JP Morgan is mulling going into full banking operations in Nigeria. Though the plan is reportedly in the offing, the JP Morgan may soon apply to the Central Bank of Nigeria (CBN), to seek for operational license. Meanwhile, a report by Africa Intelligence indicates plan by JP Morgan’s plan to expand its footprint in Nigeria which will involve converting its Lagos representative office into a fully operational business branch. The report says the US banking giant, which had been present in Nigeria since the 1980s, plans…
Yemisi Izuora The Manufacturers Association of Nigeria (MAN) has applauded the recently partnership between Nigeria and United Nations Industrial Development Organisation (UNIDO) with a view to strengthen Nigeria’s industrial capacity. Specifically, the Association commends the $174.59m Programme for Country Partnership (PCP) agreement to boost Nigeria’s industrial development. President of the MAN) Otunba Francis Meshionye, expressed hope that manufacturers in the country would benefit from the programme’s funding, as he pledged MAN’s support in achieving the key pillars of the PCP, including job creation, raw material availability, export potential, and investment attraction. Oriental News Nigeria, reports that Federal Government and…
Tunde Bakare A two day summit on security and livelihood in Western Nigeria by Yoruba Assembly in collaboration with Pan Yoruba Groups in Lagos has recognized that security of live and property is essential for democracy and sustainable development in Nigeria. Participants at the event representing artisan and professional groups, self determination and Pan Yoruba groups expressed worry about the state of insecurity in Western Nigeria which comes in the form of kidnapping, ritual killing, murder, invasion and sacking of communities and farmlands; In a communique issued at the of the event, participants notes that the current situation has…
Yemisi Izuora The Oke Ode Elite Development Youth Forum,of Ifelodun local government area of Kwara state, has expressed their support and confidence that the appointment of Engineer Bashir Bayo Ojulari as the Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL), will help inject new deals and to turn the Company into commercially profitable entity. The Forum’s President, Imam Sherifudeen Ajao, described the appointment as a momentous occasion, not just for Engr. Ojulari, but for the entire people of Oke Ode, as it highlighted Ojulari’s outstanding track record and dedication, which have earned him this prestigious role.…
Joseph Bakare As Nigeria begins implementing the Petroleum Industry Act (PIA) leading to reforms in key Agencies thus strengthening the legal framework governing the oil and gas sector, the country will begin to witness greater efficiency, accountability, and industry competitiveness. This view as expressed by the Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, supports the new development in the Nigerian National Petroleum Company Limited (NNPCL). This he said is a crucial step toward further repositioning the NNPCL to meet the demands of the evolving global energy landscape. Lokpobiri stated. “With the wealth of experience and expertise…
Uche Cecil Izuora Nigeria is gradually but steadily attracting more investors to its power sector who are supporting in investment that seeks to address the Country’s persistent power outage. One of the investors EcoFlow, a global leader in renewable energy solutions, recently launched its operations in Nigeria, introducing the revolutionary RIVER 3 Max Plus to combat the nation’s persistent power challenges. The official launch,at the Tech Experience Center in Lagos, marked a pivotal moment in Nigeria’s pursuit of sustainable energy solutions. Addressing Nigeria’s critical energy infrastructure issues, where frequent blackouts disrupt daily life and economic activity, EcoFlow presented the…