Author: Vardiafrica

The Nigerian National Petroleum Company Limited’s Exploration and Production Limited (NNPC E&P Ltd), NNPC Ltd’s flagship upstream subsidiary, and Natural Oilfield Services Ltd (NOSL), a subsidiary of Sterling Oil Exploration & Energy Production Company Ltd (SEEPCO), have announced the successful commencement of oil production at Oil Mining Lease (OML) 13 in Akwa Ibom State, Nigeria. The production, which commenced on the 6th of May 2024 with 6,000 barrels of oil, is expected to be ramped up to 40,000 barrels per day by May 27th, 2024. “The first oil flow from OML 13 is a historic milestone in the partnership between…

The faction of the Rivers State House of Assembly loyal to Governor Siminalayi Fubara has invited a Senior Advocate of Nigeria (SAN), Dagogo Iboroma, for screening and possible confirmation as a member of the State Executive Council (SEC). The House, in a statement issued in Port Harcourt on Sunday night by its Clerk, Dr. G.M. Gillis-Harry, directed the Senior Lawyer to appear before the legislators this Monday, May 13, 2024, at the Admin Block, Government House, Port Harcourt. It was gathered that if confirmed,  Dagogo Iboroma, SAN will be sworn-in in as the new Attorney-General and Commissioner for Justice of…

The Nigerian Content Development and Monitoring Board (NCDMB) has reassured oil and gas stakeholders that service companies and other manufacturers that have established capacities in the country will continue to enjoy patronage through the award of contracts from operating companies in the sector. The Executive Secretary NCDMB, Engr. Felix Omatsola Ogbe made this commitment on Friday in Port Harcourt, Rivers State when he led officials of the Board and Shell Petroleum Development Company of Nigeria (SPDC) to visit companies that deliver pipe coating and related services.The team visited Brightwaters Energy Limited, formerly known as Willbros Nigeria Ltd, Solewant Nigeria Limited…

Prince Harry and his wife Meghan wrapped up their three-day visit to Nigeria on Sunday, arriving in the country’s economic capital Lagos during a trip to promote his Invictus Games for wounded military veterinary The Duke of Sussex arrived with his wife on Friday in Nigeria’s capital Abuja where they visited a school event on mental health, in a trip that also saw the prince meet wounded Nigerian soldiers in the country’s northwest. On day three of the visit, Prince Harry and Meghan took part in a basketball event with the Giants of Africa Foundation in Lagos, an organisation that…

Some of the abducted students of Confluence University of Science and Technology, Osara, Okene in Kogi State, have been rescued, the state government has confirmed. In a statement on Sunday, the Kogi State Commissioner for Information and Communication, Kingsley Fanwo, said the students were rescued safely by local hunters and other security agents. He did not disclose the exact number of students rescued but the Police Public Relations Officer in the state, SP Williams Aya, told our correspondent via text message that 14 students were rescued. The Commissioner said that the local vigilante men and security agents engaged the kidnappers…

The Socio-Economic Rights and Accountability Project (SERAP), BudgIT, and 136 individuals have filed a lawsuit against the Central Bank of Nigeria (CBN) over its failure to withdraw the cybersecurity levy. This was disclosed in a statement signed by the Deputy Director of SERAP, Mr Kolawole Oluwadare, on Sunday. The CBN had last week directed banks to implement a levy of 0.5 per cent (0.005) equivalent to half per cent of all electronic transactions and to remit the levy to the National Cybersecurity Fund. The CBN relied on the Cybercrime Act 2015 [as amended]. The directive is to be implemented by…

The Duke of Sussex, Prince Harry and the Duchess of Sussex Meghan have arrived in Lagos to continue a three-day visit to Nigeria. The British Royal couple were guests of the Giant of Africa Foundation at the Dream Big Basketball clinic held at the Ilupeju Grammar School in Lagos. The President of the Giant of Africa Foundation, Masai Ujiri, commended the royal couple for inspiring young kids in Africa through sports. The Duke and Duchess said they are delighted to be involved in programmes aimed at empowering young people in Africa. Prince Harry and Meghan have now arrived at the…

President Bola Tinubu extends his warm congratulations to the President-Elect of the Republic of Chad, Mahamat Déby, on his election victory. President Tinubu affirms that the successful conduct of elections in the nation underlines the commitment of the government and the people of Chad to democracy and orderly transitions in the region. The President assures President-elect Déby that Nigeria will continue to work closely with the Republic of Chad, as both countries seek to enhance peace, security, and shared prosperity for the mutual benefit of their peoples. The President also calls for sustained, friendly cooperation between both nations, while wishing…

The Minister of the Federal Capital Territory, Nyesom Wike, has told the people of Rivers State that he made a mistake and he is ready to correct the mistake at the appropriate time. The former governor of Rivers State who spoke while addressing a grand civic reception on Saturday in Ogu-Bolo, Rivers State, honouring Chief George Thompson Sekibo’s 20 years of public service, however, did not disclose the mistake he said he made. Wike and the Rivers State Governor, Siminalayi Fubara, have been engaging in a face-off that has polarised the state House of Assembly into two camps. The minister…

Vice President Kashim Shettima says Nigeria’s tax reforms under the administration of President Bola Tinubu is targeted at improving the system for the overall benefit of all Nigerians. He said contrary to speculations in some quarters, “we are not here to frustrate any sector of our economy but to create an administrative system that ensures the benefits of a thriving tax system for all our citizens.” The Vice President, represented by the Special Adviser to the President on General Duties (Office of The Vice President), Aliyu Moddibo Umar, spoke on Saturday at the close-out retreat of the Presidential Fiscal Policy…