All posts by Ifreke Inyang

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  No company has monopoly to lift crude – NNPC

  The Nigerian National Petroleum Corporation on Sunday said no company enjoyed the monopoly of lifting the country’s crude oil, contradicting reports that it colluded with some local and international traders to execute unfair industry practices. The corporation...

  • Posted November 12, 2013
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  IPMAN sells kerosene for N50 in Ilorin, Ibadan

  Residents of Kwara State, especially the Ilorin metropolis, on Sunday purchased kerosene at N50 per litre as officials of the Independent Petroleum Marketers Association of Nigeria, Ilorin Depot, supervised the sale of the product. A litre of...

  • Posted November 12, 2013
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  Inconsistent information delaying PHCN workers’ severance payment – Nebo

  The Minister of Power, Prof. Chinedu Nebo, has given reasons why some workers of the defunct Power Holding Company of Nigeria have not been paid their severance packages two weeks after the Federal Government gave out the...

  • Posted November 12, 2013
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  NNPC rejects allegations of sharp practices in crude oil sales

  The Nigerian National Petroleum Corporation (NNPC), on Sunday, denied a report by a Swiss-based agency which accused the corporation of colluding with some local and international oil traders to execute unfair industry practices. Tumini Green, the Acting...

  • Posted November 11, 2013
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  FG promises to revive Ajaokuta Steel Company

  The federal government, on Friday, promised to revive the Ajaokuta Steel Company in Kogi State. MakuThe Minister of Information, Labaran Maku, made the promise when the National Good Governance Tour team visited the complex in Ajaokuta. “On...

  • Posted November 11, 2013
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  Nigeria, China trade volume hits $6.2bn in six months

  The Project Manager, Brightway International Exhibition Ltd, Mr. David Zhao, has said that the trade volume between Nigeria and China has increased by 18.6 percent with a total of 6.2 billion dollars in the first half of...

  • Posted November 11, 2013
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  Sarsoli set to boost investment in rubber industry

  Sarsoli Industries, Nigeria’s representative at the world plastic fair in Germany, has reiterated its commitment towards boosting investment in the industry. The company, which just returned from the biggest plastic and rubber industry trade fair in Dusseldorf,...

  • Posted November 11, 2013
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  PFAs target 15 million artisans by mobile phones

  Pension operators under the Contributory Pension Scheme are developing framework to allow about 15 million artisans have Retirement Savings Accounts using the mobile money platform. Although, the Pension Reform Act 2004 does not allow the informal sector...

  • Posted November 11, 2013
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  Nigeria now producing armoured vehicles

  AS interest in armoured luxury cars rises among the upper class, some Nigerian auto firms have intensified research work on the armouring technology. Already, an indigenous automobile manufacturer, Proforce Limited, has commenced the production of Armoured Personnel...

  • Posted November 11, 2013
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  Nigeria to tackle restrictions in ECOWAS region

  The Nigerian government has promised to prevail on the Economic Community Of West African States (ECOWAS) to allow free movement of Goods and services and stop the harassment of Nigerians at the borders in West Africa. President...

  • Posted November 10, 2013
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