Author: Vardiafrica

Nigerian National Petroleum Company Limited finally admitted the company’s “significant debt to petrol suppliers”, saying it poses a threat to the sustainability of fuel supply. There have been reports that a $6 billion debt the NNPCL owes petrol suppliers has worsened petrol scarcity in Nigeria, a perennial feature since the beginning of 2024. At different times, the NNPCL blamed logistics challenges, and flooding, amongst others for the supply shortages of the essential commodity. However, in a statement on Sunday, NNPCL spokesman Olufemi Soneye said “this financial strain has placed considerable pressure on the company and poses a threat to the…

Toronto Police has arrested the Canadian-Nigerian woman who recently threatened to poison Yoruba and Benin citizens living in Canada. Toronto Police Service, in a Sunday statement on its website titled, “Suspected Hate-Motivated Threatening Investigation, Woman Arrested,” revealed this. Amaka Sonnberger is scheduled to appear in court on September 2, 2024, after she was apprehended on Sunday following an investigation into online content she reportedly posted on August 25. Sonnberger will face a judge at the Ontario Court of Justice. The case is being treated as a suspected hate-motivated offence, with the Toronto Police Hate Crime Unit involved in the investigation…

The Nigeria Police Force has again invited the President of the Nigeria Labour Congress (NLC), Joe Ajaero Also invited along with Ajaero is the Secretary General of the union, Emmanuel Ugboaja. The invitation letter is dated August 28, 2024, a day before Ajaero honoured the earlier invitation at the Force Headquarters Abuja. The letter signed by CP Rufus Alajide for Deputy Inspector General of Police, Force Intelligence Department, said the latest invitation is in furtherance of investigation into alleged “criminal intimidation, malicious damage to properties and conducts likely to cause breach of public peace” The invitation seen by Channels Television…

Prof. Wole Soyinka, Nigerian writer and Nobel Prize in Literature, received on Thursday at Casa de las Americas the Haydee Santamaria Medal, awarded by Miguel Diaz-Canel, first secretary of the Central Committee of the Communist Party of Cuba and President of the Republic. The award was given on behalf of Cuba and at the proposal of the Minister of Culture. As reported by the Presidency on X, Jorge Fornet, director of the Center for Literary Research of Casa de las Americas, in his remarks of praise, said that awarding Soyinka the medal that bears the name of that extraordinary woman…

The Nigerian National Petroleum Company Limited says it is seeking to engage reputable and credible Operations and Maintenance companies, to operate and maintain the Warri Refining and Petrochemical Company and the Kaduna Refining and Petrochemical Company. This was disclosed in a statement on Friday on its official X handle. The Warri refinery located at Warri in Delta State was commissioned in 1978. Warri is a complex conversion refinery with a nameplate distillation capacity of 6,250,000 MTA (125,000 bpd). The refinery complex includes a petrochemical plant commissioned in 1988 with production capacities of 13,000 MTA of polypropylene and 18,000 MTA of…

Nigeria’s Power Minister, Adebayo Adelabu has unveiled the draft of the National Integrated Electricity Policy and Strategic Implementation Plan (NIEP-SIP), which the federal government says is a significant milestone in country’s journey to a robust and sustainable power sector. The policy developed through extensive consultations with industry experts and stakeholders, aims to transform the Nigerian electricity sector into a resilient, efficient, and inclusive entity. Promoted Links You May Like Spin the Wheel at MSport. Extra ₦500,000 is Given When You JoinMSportSign Up by Taboola It focuses on achieving improved sector liquidity, creating an enabling environment for investment, integrating renewable energy…

Wife of the President, Senator Oluremi Tinubu has emphasised that a robust and efficient civil registration system is pivotal to National Development and Governance. She stated this on Thursday during the official Launch of the 2024 UNICEF/RHI Commemorative Birth Certificate at the State House in Abuja. Senator Tinubu noted that the renewed drive for the registration of every life birth will help the nation achieve Sustainable Development Goal 16. The First Lady explained that the commemorative birth certificate will run from 29th August to 31st December, 2024. “It is important to note that a robust and efficient civil registration system…

The Federal Competition and Consumer Protection Commission (FCCPC) has threatened to penalise businesses involved in price fixing and gouging, issuing a one-month moratorium for them to reduce prices. Price fixing occurs when two or more companies collude to set prices for their goods or services at a certain level, rather than allowing market forces to determine prices. While on the other hand price gouging refers to the practice of charging excessively high prices for goods or services, often in response to a shortage or emergency situation. Speaking at a stakeholder meeting on explorative pricing on Thursday, Tunji Bello, executive vice-chairman…

The Nigerian women’s basketball team, D’Tigress, has made history by rising to eighth place in the latest FIBA rankings, released on Thursday.This significant leap of four spots secures their position among the top 10 teams globally, making them the first African team – men or women – to break into the top 10 of the FIBA world rankings. D’Tigress’ impressive performance at the Paris Olympics fueled their historic rise. Notable achievements include: – Defeating Australia in their first game, securing their first Olympic victory in 20 years. – “A brilliant performance” against France.– Defeating Canada to become the first African side to qualify…

President Bola Tinubu has departed Abuja for a working visit to China. The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, disclosed this in a statement on Thursday. He said President Tinubu would have a stopover at the United Arab Emirates (UAE). “President Bola Tinubu will depart Abuja for Beijing, China, on Thursday, August 29, on an official visit. President Tinubu will have a brief layover in the United Arab Emirates,” the statement read. “In China, the President will meet with President Xi Jinping and will hold meetings with Chinese business leaders on the sidelines of the…