All posts by Ifreke Inyang

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  NAMA to dismantle illegal telecom masts

  Nigerian Airspace Management Agency, NAMA, has given a four-week ultimatum to owners of telecommunication masts at several locations across the country to dismantle them or face sanctions. The agency said the order was to enhance air safety...

  • Posted July 17, 2013
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  Power situation worsens as Shell shuts down Afam VI

  Nigeria’s power situation worsened, yesterday, as Shell Petroleum Development Company, SPDC, shut down its 624 Mega watts Afam VI power plant. Shell, in a statement by Mr. Tony Okonedo, Corporate Media Relations Manager, said the shutdown was...

  • Posted July 17, 2013
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  Safety relief for air travellers as NCAA presents bill on consumer rights

  FRIDAY July 19, 2013 promises to be a land mark in the annals of the Nigeria Civil Aviation Authority, NCAA as well as air travellers in the country. On this date, passengers on both domestic and international...

  • Posted July 17, 2013
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  Bank indicts EFCC over N2trn seized assets

  More facts emerged, yesterday, that the Economic and Financial Crimes Commission, EFCC, may have allegedly tampered with the N2 trillion seized assets and money recovered by the commission. The commission at the moment operates six different accounts,...

  • Posted July 17, 2013
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  FG to ban corrupt contractors for five years

  Henceforth, any supplier, contractor or service provider that contravenes any provision of the Public Procurement Act of 2007 will be banned from participating in all public contracts for a period not less than five years. This is...

  • Posted July 16, 2013
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  Lagos loses N1bn annually to illegal billboards — LASAA

  Managing Director of the Lagos State Signage and Advertisement Agency (LASAA), Mr. George Noah, has disclosed that the state loses about N1billion in revenue generation annually to  illegal outdoor signages located within police, military and other Federal...

  • Posted July 16, 2013
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  Kaztec, Shell sign $84.5m pipeline contract

  Kaztec Engineering Ltd, KEL, a member of the Chrome Group, has won a $84.5 million for the engineering procurement and construction, EPC contract of Shell Nigeria Exploration and Production Company, SNEPCo’s Trans-Niger Pipeline, TNP. The signing of...

  • Posted July 16, 2013
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  NLNG/NIMASA row: Marketers run to Niger for LPG

  The row over levy between the Nigeria Liquefied Natural Gas (NLNG) Limited and Nigerian Maritime Administration and Safety Agency (NIMASA) has forced liquefied petroleum gas, LPG, dealers in the country to import the product from neighboring Niger...

  • Posted July 16, 2013
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  World Bank faults FG’s management of oil reserves

  The World Bank has faulted the Federal Government’s management of oil revenues, and also warned that the country faces serious challenges in sustaining the momentum of its fiscal consolidation and reserves growth. The bank’s warning comes ahead...

  • Posted July 16, 2013
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  High voltage caused nationwide power failure – TCN

  The total power failure experienced nationwide last Thursday was caused by high voltage, the Transmission Company of Nigeria has said. The blackout, which occurred around 1.55pm on the fateful day, resulted in a complete system collapse. TCN...

  • Posted July 15, 2013
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