The Senate, which ordered the government to put on hold to its launch, mandated the Committees on Communication, Public Health and Science and Technology to carry out an investigation and report back within four weeks. This was after the deliberation on a motion by Senator Uche Ekwunife, drawing the attention of the senators to the […]

ineryThe Independent Petroleum Marketers Association of Nigeria (IPMAN) says Nigeria needs to increase its local refining capacity to mitigate the impact of the crash in global crude oil price on the nation’s economy. IPMAN’s President, Mr Chinedu Okoronkwo, told the News Agency of Nigeria (NAN) on Thursday in Lagos that the Federal Government should encourage […]

Nigeria President Muhammadu Buhari has approved the reconstitution of the board of Directors of the Nigeria Bulk Electricity Trading Company Plc (NBET). The Presidency in a statement on Thursday listed the members of the reconstituted board which will be chaired by Nigeria’s finance minister Zainab Ahmad. A non-executive director from the ministry of power will […]

Against the backdrop of the current downturn in the global oil market and fiscal disruptions caused by the COVID-19 pandemic, economic experts yesterday suggested the Federal Government would only survive the storms if it relaxes its stranglehold on power. The analysts, who spoke to The Guardian, regretted that the items rejected by the government in […]