Author: Vardiafrica

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…

The Federal Government has signed a Memorandum of Understanding with an aircraft manufacturer, Boeing to boost the nation’s aviation sector. Disclosing this in a statement on Thursday, the Special Assistant on Media and Communications to Minister of Aviation and Aerospace Development, Tunde Moshood, said move would facilitate the acquisition of aircraft. He also said the MoU would help to improve Nigeria’s aviation infrastructure and operational standards. “The signing ceremony took place yesterday in Seattle, Washington, USA, in the presence of key Nigerian aviation stakeholders, including executives from major Nigerian airlines, top management team of the Nigerian Civil Aviation Authority, NCAA,…

The President of the Nigerian Labour Congress (NLC), Joe Ajaero, has returned to the Labour House after honouring the invitation of the police. Ajaero reported at the Force Headquarters in Abuja on Thursday accompanied by human rights lawyer Femi Falana, SAN, and others. His invitation by the police allegedly about an investigation bordering on terrorism financing had generated controversy with the NLC and other labour unions accusing the Federal Government of attempting to intimidate labour leaders. Before honouring the invitation, labour members had gathered at the headquarters of the Nigeria Labour Congress (NLC) on Thursday in solidarity with their President.…

Ethiopian Airlines’ Group Chief Executive Officer (GCEO), Mesfin Tasew, has blamed politics for the failure of establishing a national carrier for Nigeria He said that Ethiopian Airlines had the intention of helping the Nigerian government establish a profitable airline but the process was politicised by Nigerian airlines. The partnership to establish Nigeria Air which was started by the last administration of President Buhari and handled by former aviation minister, Hadi Sirika, has generated a lot of controversy, with the current aviation minister Festus Keyamo, saying that the deal was not going to be beneficial to Nigeria. It is the first…

President of the Nigeria Labour Congress (NLC), Joe Ajaero, has arrived the Force Headquarters at the Federal Capital Territory to honour a police invitation. Ajaero was accompanied by human rights lawyer, Femi Falana (SAN), human rights activist and lawyer, Deji Adeyanju and a group of workers. The police had invited the NLC leader over allegations of terrorism financing, which Ajaero and the NLC have denied. Before honouring the invitation, labour members had gathered at the headquarters of the Nigeria Labour Congress (NLC) on Thursday in solidarity with their President. As early as 8:am, the Labour leaders had started converging on…