A Federal High Court in Abeokuta, Ogun State, has ordered the Ewekoro Power Plant, EPP, located in Lagos, sealed for failure to pay outstanding taxes totaling N114 million. This followed a suit by the Federal Inland Revenue Service, FIRS and a prayer that a bench warrant be issued by the court for the arrest of the key officials of the company. The court gave the order after a series of adjournments occasioned by the refusal of the company’s officials to appear in court. The closure was carried out by court bailiffs, along with a combined team of FIRS officials and…
Author: orientalnewsng
The Azura-Edo power plant is the first fully privately financed Independent Power Plant, IPP, in the country and is located in Ihovbor/Orior Odemwende communities of Edo state. Mr. Jonathan asked communities who are hosts to several federal, state and private sector projects to play a developmental role in terms of partnering with the government. The president said the federal government will continue to ensure that the growth of the power industry becomes self-sustaining and sustainable. “I want to use this opportunity to call on all the local communities around the country who are hosts to several federal, state and even…
The new price regime for domestic gas approved by the Nigerian Electricity Regulatory Commission, NERC, for power generation in the country would become operational from January 1, 2015. The takeoff of the new price regime was confirmed by the Group Executive Director, GED, in charge of Gas and Power directorate of the Nigerian National Petroleum Corporation, NNPC, David Ige. The Commission recently approved an upward review of the gas price from $1.5 per thousand cubic feet, MCF, to $2.5 per MCF. The Commission had described the review as a “pragmatic and creative” short term approach to address the challenge of…
Jega, Fashola Many residents of Lagos State have expressed their frustration over bid to collect their PVCs in preparation for the forthcoming general elections, Fisayo Falodi writes The seemingly poor handling of the permanent voter cards distribution in some parts of the country by the Independent National Electoral Commission has elicited reactions from various stakeholders and eligible voters. The stakeholders described the exercise as deliberately programmed to fail so as to deny millions of Nigerians the right to elect their leaders in the much awaited 2015 general elections. The shoddy and untidy nature of the permanent voter cards distribution,…
NNPC headquarters in Abuja Total crude oil and condensates lifting for both domestic and export markets was about 62.32 million barrels for the month of July, petroleum information data from the Nigerian National Petroleum Corporation (NNPC) has shown. From the figure, multinational oil companies accounted for about 40.33 million barrels, or 64.72 per cent, of the lifting, while the NNPC lifted about 35.28 million barrels, or 35.28 per cent. Liftings by fiscal regime showed that the joint venture companies (JVCs) accounted for 31.64 million barrels; production sharing contract (PSC)/service contract (SC) operators, 26.04 million barrels, and other independent operators 4.63…
Multinational oil giant, Shell, has constantly lied about the amount and impact of the oil spilled at Bodo, Ogoniland, United Kingdom court documents obtained by Amnesty International has revealed. The documents also revealed that contrary to Shell’s official claim that the spill was caused by oil thieves and saboteurs, the oil firm knew for years that its pipelines in the Niger Delta were old and decrepit. In August 2008, a section of the Trans-Niger pipeline, controlled by Shell, broke, spilling thousands of barrels of oil into the surrounding villages, creeks and rivers. Shell claimed that the leak was not reported…
The United States has faulted the claim by the Nigerian government that it is standing in the way of the Nigerian military’s quest to procure weapons to strengthen its war against the extremist Boko Haram sect. Answering questions during a press briefing, the U.S. Department of State spokesperson, Jen Paski, said Wednesday the American government has been supporting the Nigerian military in the area of intelligence sharing, training of soldiers and other measures in combating the insurgency. On Monday, the Nigerian Ambassador to the U.S., Ade Adefuye, had accused the U.S. of letting Nigeria down in its hour of need…
Radical soldier and former Kaduna State governor, Col. Abubakar Dangiwa Umar (rtd) today warned that while Nigerians are divided along religious lines, Boko Haram is conquering territories within Nigeria, an act he said will lead Nigeria to hell. In a detailed statement sent to our New York office, Umar stated: “Obviously, to say that Nigeria is at war is not saying much nor is it news. Much of the world would recognize it as stale news. Tragically, only the truly blind observer of events in Nigeria would be forgiven to think that majority of Nigerians honestly believe their country is…
Three people died in the helicopter crash which happened on Thursday night around the Federal University of Technology in Yola, the Adamawa State capital, the Nigerian military has said. The military said in a terse statement posted on Defence Headquarters blog the victims were crew members aboard the helicopter. “At about 2200hours yesterday 13 November 2014, a ground attack helicopter on an armed patrol crashed around the Federal University of Technology Yola, Adamawa State,” the military said in the statement. “The crew of 3 was lost in the ill-fated accident. Rescue party worked throughout the night to preserve the wreckage…
The Caykur Rizespor defender has said the Super Eagles would play with everything in their arsenal to win in Pointe Noire on Saturday Defender Godfrey Oboabona has told Goal that it would be suicidal if defending champions Nigeria fail to qualify for the 2015 Africa Cup of Nations. The Super Eagles flew out to Pointe Noire on Thursday night ahead of Saturday’s must-win game with Congo. “It is a very important game because it will be a very big disappointment for the players, coaches, the fans and even you the journalists, if we, the defending champions, fail to qualify for…