Author: Vardiafrica

The Nigerian National Petroleum Company Limited (NNPC Ltd) announced on Monday that it has commenced the shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China under the Delivered Ex-Ship (DES) terms. This milestone marks a significant advancement in NNPC’s international trading operations. Delivered Ex-Ship (DES) is an international commercial term where the seller is responsible for delivering the goods to a specified port, including taking on the shipping and insurance costs until the products reach the port of delivery. This method requires a higher level of expertise and efficiency compared to the Free on Board (FOB) system, where…

President Bola Ahmed Tinubu has appointed Adeola Oluwatosin Ajayi as the new Director-General of the Department of State Services (DSS). Chief Ajuri Ngelale, Special Adviser to the President on Media & Publicity, announced this in a statement on Monday. Ajayi replaces Yusuf Magaji Bichi who was appointed by ex-President Muhammadu Buhari in 2018 The new DSS Director-General, Mr. Adeola Ajayi, rose through the ranks to attain his current post of Assistant Director-General of the Service. He had, at various times, served as State Director in Bauchi, Enugu, Bayelsa, Rivers, and Kogi. President Tinubu expects that the new security chiefs will…

The Court of Appeal in Abuja has reversed a Federal High Court ruling that had previously ordered the People’s Democratic Party (PDP) to permit 381 ad-hoc delegates to participate in its February 22 primary election in Edo State. This primary election resulted in the selection of Asue Ighodalo as the party’s candidate for the September 21, 2024, governorship election in the state. A three-judge panel of the appellate court nullified the judgment issued by Justice Inyang Ekwo on July 4, 2024. The appellate court determined that the trial court did not have the jurisdiction to hear the case brought by the aggrieved delegates, as…

The National Association of Resident Doctors (NARD) has started a 7-day warning Strike across all of its centres nationwide. The resident doctors strike is to clamour for the release of its kidnapped member, Dr Ganiyat Popoola, who has been in captivity for over 8 months. NARD President, Dr Dele Abdullahi, who said this in a statement, noted that the strike will begin Monday, August 26, 2024, at 12am. Abdullahi disclosed that the decision was made during the virtual Emergency National Executive Council meeting held on Sunday, August 25, 2024. He said the warning strike will last for one week and…

The Federal Government has announced its plan to provide N3 billion in support to all states in an effort to mitigate the impact of the recent flood disaster. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, made this disclosure while speaking with journalists at the Government House in Birnin Kebbi on Sunday after inspecting flood-affected areas in Kebbi. Edun stated, “I would like to announce that the National Economic Council has proactively decided to allocate N3 billion to support all states across the federation and the FCT in mitigating the effects of flooding this year.”…

Education Minister Tahir Mamman says underage candidates will no longer be allowed to sit for secondary school leaving examinations. The minister stated this on Channels Television’s Sunday Politics programme.He said the Federal Government has instructed the West African Examinations Council (WAEC) which administers the West African Senior School Certificate Examination (WASSCE) and the National Examinations Council (NECO) which organises the Senior School Certificate Examination (SSCE) to comply with the directive on 18 years age limit for any candidate to be eligible for the two examination Mamman also insisted that the age limit for any candidate to write the Unified Tertiary Matriculation Examination…

The Director General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, has urged politicians in Nigeria to stop weaponising insecurity against their opposition in office. She spoke before a room filled with lawyers at the Eko Hotel & Suites in Lagos during the opening ceremony of the 2024 Annual General Conference of the Nigerian Bar Association (NBA) on Sunday. The former Nigerian finance minister delivered a keynote address entitled, ‘A Social Contract For Nigeria’s Future’. “We cannot have socio-economic development without security. We certainly cannot have security without development,” the WTO chief said. “We all know that security has been…

The Federal Government has moved to reduce the scourge of malaria with the choice of Africa’s richest person, Aliko Dangote, astute businessman, Femi Otedola and renowned banker, Tony Elumelu to lead the fresh efforts to eliminate the menace. Speaking at the inauguration of the team in Abuja, the Minister of State for Health and Social Welfare, Dr. Tunji Alausa, stated that the country currently contributes over a quarter of global malaria cases and about a third of the over 600,000 malaria deaths worldwide, mostly affecting children and pregnant women. Describing the situations as sad, the minister added that the ailment contributes…

Two police officers have been killed and three others are unconscious following a clash between police operatives and members of the proscribed Islamic Movement of Nigeria (IMN), popularly known as the Shiites in the Wuse area of Abuja. Spokesperson for the Federal Capital Territory (FCT) Police Command, Josephine Adeh, confirmed the attack which happened on Sunday, describing the attack as unprovoked while accusing the group of destroying three police patrol vehicles. According to Adeh, the IMN members attacked some personnel of the Nigeria Police Force attached to the FCT command at Wuse Junction by a traffic light. “The FCT police…

Ngozi Okonjo-Iweala, Director General of the World Trade Organisation (WTO), has urged Nigerian authorities to leverage technological advancements to combat and prosecute crude oil theft. Addressing attendees at the 2024 Annual General Conference of the Nigerian Bar Association (NBA) in Lagos, she emphasized that the theft of national assets is a serious issue undermining Nigeria’s economic stability. “A second aspect of security is the protection of national assets,” Okonjo-Iweala stated. “Organized crude oil theft has long severely impacted our economic and financial health. All Nigerians must agree that such theft is intolerable and must be eradicated.” She noted that technological…