LAGOS AUGUST 21ST (NEWSRANGERS)-Zhongshang Fucheng Industrial Investment Ltd, the Chinese investment group involved in legal dispute with Nigeria over alleged contract breach by Ogun State government, has concluded plans to list two residential structures in Liverpool it confiscated from the country for sale on global online marketplace eBay. This is as it races to recover…
LAGOS AUGUST 21ST (NEWSRANGERS)-A leading academic has identified the targeted investments in education by the Shell Petroleum Development Company (SPDC) Joint Venture as a catalyst for addressing Nigeria’s energy challenges. Professor Anene Moneke, Director of the NNPC/SPDC/TotalEnergies/NAOC Joint Venture Centre of Excellence in Environmental Management and Green Energy (CEMAGE) and holder of the NNPC/SPDC JV…
LAGOS AUGUST 19TH (NEWSRANGERS)-The Nigerian National Petroleum Company Limited has denied owing international oil traders $6.8 bn. The company also refuted claims that it has not remitted funds into the federation account since January. NNPC Chief Corporate Communications Officer Olufemi Soneye responded to various allegations against the state-owned energy firm in a statement on Sunday….
LAGOS AUGUST 15TH (NEWSRANGERS)-Lagos lawyer and human right activist, Chief (Barr.) Malcolm Omirhobo has stated that the Ewi of Ado Ekiti, Oba Rufus Adejugbe has no constitutional right to regulate food prices or order traders in the markets not to sell their foodstuff beyond stipulated prices. Recall that Oba Rufus Adejugbe, has cancelled various traders’…
LAGOS AUGUST 15TH (NEWSRANGERS)-The Port Harcourt Refining Company, a refinery under the management of the Nigerian National Petroleum Company Limited in Rivers State, has again failed to commence operations after about six postponements, The PUNCH reports. It was observed that promises made to Nigerians by the Federal Ministry of Petroleum Resources and NNPC about the…
LAGOS AUGUST 14TH (NEWSRANGERS)-The Group CEO of NNPC Ltd., Mr. Mele Kyari, has called on the military to sustain the war against crude oil theft and pipeline vandalism saying the current onslaught against the menace has yielded improved growth in the nation’s crude oil production. Kyari made this appeal when he received in audience the…
LAGOS AUGUST 13TH (NEWSRNAGERS)- The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dayo Mobereola has revealed that the Agency have not decided to bring National Seafarers Development Program (NSDP) cadets studying at Centurion University in India to back home. Mobereola who made the disclosure at the Eko Hotels in Lagos on…
LAGOS AUGUST 13TH (NEWSRNAGERS)-As the new harvest season unfolds, markets across Lagos and Abuja have seen a significant drop in the prices of tomatoes and peppers. At the bustling Ketu and Berger markets in Lagos, traders report that the price of a large basket of tomatoes has plummeted to between N55,000 and N60,000, a sharp…