OGFZA attracts $16.6bn FDI, N255bn investments into Nigeria
The Oil and Gas Free Trade Zones Authority (OGFZA) has attracted $16.6 billion Foreign Direct Investments (FDIs) into the economy within a 20-year period covering 2001 and 2020. Managing Director, OGFZA, Mr. Okon Umana, disclosed this on Sunday while speaking with newsmen in Abuja. Umana said during the same period, the authority also attracted the sum of N255.33 billion local investments...
SERAP seeks details of N729bn payment to poor Nigerians
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit asking the Federal High Court in Lagos “to compel the Federal Government to disclose details of proposed payments of N729 billion to 24.3 million poor Nigerians. It also demanded the mechanisms and logistics for the payments, list of beneficiaries, and how they have been selected, and whether the payments will be made in cash...
Nigeria’s goods trade hits N12.02trn in Q2 – NBS
Total merchandise trade increased by 23.28 per cent in Quarter Two (Q2, 2021) to N12.02 trillion from N9.75 trillion recorded in Q1, the National Bureau of Statistics (NBS) has said. The NBS said this on Sunday in Abuja in its “Foreign Trade in Goods Statistics, Q2, 2021”, adding that the increase was a result of the sharp increase in export...
My refinery’ll employ 57,000 personnel – Dangote
Fifty-seven thousand personnel will be engaged at the 650,000 barrels-per-day world’s largest single refinery project, Dangote Refinery, located in Ibeju Lekki area of Lagos State. President/Chief Executive, Dangote Industries Ltd., Alhaji Aliko Dangote, made the disclosure while revealing plans to increase human capacity at its Refinery Project site, from 40,000 personnel to 57,000 in the coming months. The project currently employed 29,000 Nigerians and 11,000...
Conflicting ex parte orders: CJN reads riot act to judges
The Chief Justice of Nigeria (CJN), Justice Tanko Muhammad, says the judiciary will no longer condone indiscipline or allow any Judge to tarnish its image. The CJN gave the warning on Monday, in Abuja, at a marathon meeting with seven invited state Chief Judges over conflicting ex parte orders. According to a statement by Mr. Soji Oye, the Supreme Court Director of...
Borno sacks 2 Sharia Court Judges, demotes 2
The Borno Judicial Service Commission (JSC) has sacked two Sharia Court Judges. A statement on Tuesday in Maiduguri signed by an official, Mr. S.K. Jidda, for Secretary of the Commission, said the decision was taken after the meeting of the commission. “The commission with immediate effect removed from the service of the judiciary, an Upper Sharia Court Judge, Alkali Mohammed Hassan...
Pollution: LASEPA shuts 2 steel plants in Ikorodu
The Lagos State Environmental Protection Agency (LASEPA) has stopped the operations of two iron and steel manufacturing companies in Ikorodu over alleged environmental laws violation. The General Manager of LASEPA, Dr. Adedolapo Fasawe, gave the order on Monday when he led its enforcement team to Sunflag Steel and Top Steel manufacturing companies, both in Ikorodu. The assessment visit to the companies...
Non-fossil fuel cars top new vehicle registrations in Austria
Austria last month registered more hybrid and electric cars than it did petrol or diesel vehicles, a first for the country, according to figures released on Thursday. The total share of electric and hybrid cars stood at 42.2 per cent in August, ahead of petrol cars, which totalled 35.1 per cent, and diesel cars, at 22.7 per cent, said Statistics Austria...
Niger Govt moves against desertification
The Niger State Task Force on forest exploitation has auctioned 500 bags of charcoal confiscated from dealers of the commodity in the state, according to Alhaji Ahmed Matane, Secretary to the State Government. Matane, who was at the auction in Minna, warned that government would not hesitate to deal decisively with anyone caught engaged in indiscriminate felling of trees for...
Climate change targets: OPEC harps on financing
The Organisation of Petroleum Exporting Countries (OPEC) has stated that financing remains critical, in meeting any climate change target for developing countries. Dr. Mohammad Barkindo, OPEC Secretary General, disclosed this at a video conference, entitled: “Ministerial Roundtable on Energy, Climate and Sustainability on Monday.” “Financing is critical to reach any climate targets set in developing countries’ Nationally Determined Contributions (NDCs). There has been a...
