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Category: Business

Business, Economy

PIB will be passed into law in April -Gbajabiamila 

The Speaker of the House of Representatives, Femi Gbajabiamila, on Wednesday said the Petroleum Industry Bill (PIB) will be passed into law in April. The Speaker gave Nigerians this assurance at the public hearing organized by the Ad-hoc Committee of the House on the bill….

Business, Economy

Scrap NDDC now – Oil Producing Communities demand 

The National President of the Host Communities of Nigeria Producing Oil and Gas, Chief Benjamin Tamaranebi, on Tuesday, called on the Federal Government to scrap the Niger Delta Development Commission (NDDC). Tamaranebi made this assertion while speaking to reporters at the sidelines of a public…

Business, Economy

Nigeria: Why Govt Suspended New Electricity Tariff Hike 

Minister of Power, Engr. Sale Mamman has directed the Nigeria Electricity Regulatory Commission, NERC, to suspend the recent hike in electricity tariff with immediate effect. Recall that the Regulatory agency had on January 5, 2021, adjusted upward tariff review from N2.00 to N4.00 for some…

Business, Politics

Why Atiku sold his shares in Intels –Aide 

The media aide to former Vice President Atiku Abubakar, Paul Ibe has disclosed that political interference made him sell his stake in Integrated Logistics Services Nigeria Limited (Intels). According to Ibe, in a statement on Monday, the former Vice President has been selling his shares…

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