#Power: Power supply Drops to 2,665MW Due to Explosions, Gas Constraints
Inadequate supply of
gas to the power station and explosions at transmission lines in the Lagos area
and Jebba have resulted in a drop in electricity generation to 2,665MW.
It was gathered that with this development, the transmission
company of Nigeria (TCN) has directed the 11 distribution companies (Discos)
nationwide not to pick loads to avoid a system collapse.
Published
in the Thisday Newspaper on Monday, 29th February,
2016
#Awards: BEDC Wins CBN’s Cashless Payment Award
Benin Electricity Distribution Company Plc. (BEDC)
has become the first electricity distribution company to emerge winner in the
maiden edition of the Electronic Payment Initiatives Scheme (EPIS) Efficiency
Award as it emerged the best Cashless Driver-Corporate Category.
Published
in the Thisday Newspaper on Monday, 29th February,
2016
#Power: Four Inactive Power Plants Back On Stream
Four Independent Power Plants (IPPs), which belong to the
government of Rivers and Akwa Ibom states but were partly inactive for a long
time, have come back on stre3am and now generate a cumulative average of 96.04
megawatts (MW) of electricity into the national grid
Published in Thisday,
the Sunday Newspaper on Sunday 28th February, 2016
#Health: UNICEF Raises Alarm Over High Rate Of Malnutrition In Gombe
United Nations Children’s Emergency Fund (UNICEF) has
revealed that out of the 36 percent of children in Nigeria that are affected by
malnutrition, statistics show that Gombe State has 50 percent, which is at
dangerous stage with 8 percent rate of exclusive breastfeeding.
Published in the
Guardian Newspaper on Sunday, 28th February, 2016
#Philanthropy: Gusau Donates Books To Schools, Laments Quality Of Education
Former Minister of Defence, Retired General Aliyu Mohammed
Gusau has donated 15000 volumes of books to different tertiary institutions,
secondary and primary schools in the country.
Gusau, who was represented by Dr Haroun Adamu at the
presentation ceremony of the books to the beneficiary schoolks, held at Gusau
Institute (GI), yesterday, said he hopes the books will strengthen teaching amd
learning process, as well as help students to advance Nigeria’s growth and
development.
Published in the
Guardian Newspaper on Sunday, 28th February, 2016
#Oil: TROMPCON, NDDC
TO Combat Oil Theft
Traditional Rulers of Oil Mineral Producing Communities
(TROMPCON) is to patner with the Niger Delta Development Commission (NDDC) to
host a national conference that will assist in combating illegal oil bunkering
and vandalism of oil facilities in the Niger Delta region.
Published in the
Guardian Newspaper on Sunday, 28th February, 2016
#Oil: Nigeria’s population will hit one billion in 2099
Minister for Science and Technology, Dr Ogbonnaya Onu,
yesterday, warned that Nigeria’s population could rise to one billion people in
2099 and suggested a post crude oil strategic plan to save the nation from
further economic crisis.
Onu said adverse effects of crashing price of oil in the
international market calls for a post crude oil plan that will sustain the
nation’s economy.
Published in the Daily
Sun Newspaper on Tuesday, 1st March, 2016
#Minerals: Southwest states begins exploration of solid minerals
The six Southwest states have begun cooperation on
exploration of solid minerals in the region. the states’ representatives
gathered at the Cocoa House, Ibadan, the Oyo State capital, yesterday to
develop a model on how to explore the solid minerals in their states to
generate revenue, create jobs and more wealth for the people.
Published in The Nation
Newspaper on Wednesday, 2nd March, 2016
#MoU: NERC, CPC sign MoU on metering
The Nigerian Regulatory Commission (NERC) and the Consumer
Protection Council (CPC) yesterday sealed a Memorandum of Understanding (MoU)
to ensure that consumers get meters as prescribed in the service agreement
electricity distribution companies (DisCos) had with the Bureau of Public
Enterprises (BPE).
Published in The Nation
Newspaper on Wednesday, 2nd March,
2016
#Power: Gombe community gets BOI, UNDP solar power
The Bank of Industry (BoI) in partnership wiuth the United
Nations development Fund, (UNDP) has provided electricity for 200 homes through
the national grid in Gombe State. Its Acting Managing Director, Waheed Olagunju
said the 44 million naira rural electrification project is being financed by
the bank and the UNDP.
Published in The Nation
Newspaper on Wednesday, 2nd March, 2016
#Health: Residents’ health our priority
To ensure high level of cleanliness, Executive secretary of
Ikoyi-Obalende Local Council Development Area (LCDA) of Lagos State, Toyin
Caxton-Martins embarked on a campaign to eliminate rats, the cause of Lassa
fever. She supervised the fumigation of the Police Officers’ Wives’ Association
(POWA) market at Ijeh and Obalende in the Council area.
Published in The Nation
Newspaper on Wednesday, 2nd March, 2016
#Philanthropy: Foundation for Orphans launched
Former editor of The
Guardian and Editorial board member Mr Banji Adisa and his wife have
established a foundation called The Lord’s Kids Care Christian Foundation in
Ogun State to take Orphans off the streets and give them a home and hope.
Published in The Nation
Newspaper on Wednesday, 2nd March, 2016
#Philanthropy: Atlanta partners NGO to assist IDPs
The City of Atlanta will partner Modupe Ozolua’s
non-government organization (NGO), Empower54, to raise funds for Internally
Displaced Persons (IDPs) through its annual African Art Charity Gala. the Gala
which holds next month in Atlanta, United States, will raise money to continue
Emopower54’s establishment of schools in refugee camps and rehabilitation of
schools destroyed by the Boko Haram insurgents in the Northeast.
Published in The Nation
Newspaper on Wednesday, 2nd March, 2016
#IndustryPulse: UBA named Uzoka GMD-designate
The United Bank of Africa (UBA) Group yesterday approved the
appointment of Kennedy Uzoka as new Group Managing Director (GMD) with effect
from August 1, 2016. He succeeds Philip Oduoza whose tenure exp[ires July 31.
The new appointment is, however, subject to Central Bank of Nigeria’s (CBN)
approval.
Published in The
Guardian Newspaper on Wednesday, 02 March 2016
#StakeholdersAction: Community gives oil firm 14-day ultimatum
Worried about what they described as blatant renege on
earlier agreement, the Unyenge community of Mbo Local Council Area of Akwa Ibom
State, has given Universal Energy Resources Limited a 14-day ultimatum to quit
its land or risk the wrath of the community.
According to the community, the ultimatum became necessary
following the company’s breach of the Memorandum of Understanding (MoU) entered
into with the community.
Published in The
Guardian Newspaper on Wednesday, 02 March 2016
#Energy: Energy dominates Nigeria’s $3.2b merger, acquisition deals in
2015
Notwithstanding the dwindling crude oil prices, the energy,
mining and utilities sectors championed the merger and acquisitions (M&A)
deals in 2015, with about 28 percent share of the $3.2 billion deals.
Published in The
Guardian Newspaper on Wednesday, 02 March 2016
#Oil: Nation’s crude oil production to decline by 70000bpd
The International Energy Administration (IEA) expected
Nigeria’s oil production to decline by 70000 barrels per day (bpd) by 2021 to
1.85 million bpd due to reduction in investment in the country’s deepwater
projects and oil theft and pipeline sabotage in the Niger Delta continues
unabated. the IEA, which made this disclosure in its energy outlook released
recently, stated that African crude oil exports will fall by 600000 bpd over
the next six years as production from its biggest producers slips and rising
regional refinery activity absorbs more domestic output.
Published in The
Guardian Newspaper on Wednesday, 02 March 2016
#SDGs: Samsung restates commitment to Africa
Samsung Electronics Africa has restated its commitment to the
continent with focus on helping the region achieve its Sustainable Development
Goals. Speaking at the 2016 Samsung Africa Forum, in Monaco, Corporate
Citizenship and Public Affairs Manager, Abey Tau, said: “As a global citizen,
we felt it was important to use our technology to give back to society. We do
this in four ways: by creating new learning opportunities so that young people
can enjoy access to better education; by using our technical expertise to
develop and provide access to new healthcare solutions; by supporting youth employment
through vocational training and skills development and by reducing our impact
on the environment.”
Published in The
Guardian Newspaper on Wednesday, 02 March 2016
#Energy: Lagos oil field faces setback, as firms sell stake
There were indications that the Aje oil field offshore Lagos
may face further delay in its first production programme for March this year,
as one of the stake holders, MX Oil Plc has reached an agreement to sell its
investment in the field to GEC Petroleum Development Company Limited (GPDC)for
a total consideration of about $18million.
Published in The
Guardian Newspaper on Wednesday, 02 March 2016
#Energy: OPEC’s oil, gas investment may drop to $320b this year
The International Energy Administration (IEA) expects oil and
gas investment in Organization of Petroleum Exporting Countries (OPEC) to drop
from $1.2 trillion it recorded in 1012 to $320 billion in 2016.
Published in The
Guardian Newspaper on Wednesday, 02 March 2016
#Energy: Govt earns 1.4tr from petroleum tax, royalties
Nigeria earned N1.393 trillion from Petroleum Profit Tax,
PPT, and royalties in 2015, according to the Central Bank of Nigeria, CBN,
reports which did not include figures for the month of December. the CBN, in
its Economic Report for November 2015, stated that besides PPT and royalties,
Nigeria earned N822.2 billion from crude oil and gas exports, N1.24 trillion
from domestic crude oil and gas sales and N91.7 billion from other sources in
the petroleum sector from January to November 2015.
Published in The Guardian
Newspaper on Wednesday, 02 March 2016
#Power: Govt sees potential in waste-to-power initiatives, demands more
research
The federal government has called for more research to be
carried out on the best way to convert waste materials to improve power supply.
The Minister of States for Power, Works and Housing, Mustapha Baba Shehuri, who
made a call recently while receiving the Vice Chancellor and members of the
governing council of the University of Maiduguri, disclosed that the
waste-to-wealth programme can greatly improve power supply in the country if
properly implemented.
Published in The
Guardian Newspaper on Wednesday, 02 March 2016
#Energy: Govt receives N28bn from sale of domestic gas
The Nigerian National Petroleum Corporation, NNPC, says the
government received N28.262 billion from the domestic sale of gas in 2015.
Specifically, the NNPC, in its Monthly Financial and Operational report for
December 2015, also disclosed that the country earned N987.54 billion from domestic
crude oil sales in 2015, N3.635 billion other receipts, bringing total domestic
sales proceeds to N1.02 trillion.
Published in The
Guardian Newspaper on Wednesday, 02 March 2016
#Energy: Maersk, Qatargas seal partnership on LNG project
The world’s largest LNG exporter, Qatargas has signed a
technical collaboration agreement with the Maersk Group to explore
opportunities related to the use of LNG marine propulsion. Maritime executive
news reported that Qatargas and the Maersk group have been exploring
opportunities for collaboration related to LNG marine propulsion technology for
the last two years.
Published in The
Guardian Newspaper on Wednesday, 02 March 2016
#CSR: UBA Foundation launches Read Africa initiative
UBA Foundation, the Corporate Social Responsibility arm of
United Bank for Africa Plc, has called on students to take critical interests
in developing their reading habits to improve their vocabulary, knowledge and
understanding of events around them. The Managing Director/Chief Executive
Officer, UBA Foundation, Ijeoma Aso, made the call while launching the 2016
edition of the Read Africa Initiative.
Published by the Punch
Newspaper on Tuesday 1st March, 2016
#CSR: OIIE disburses N50m to start-ups
The Office for ICT Innovation and Entrepreneurship, a
subsidiary of the National Information Technology Development Agency, gave N50
million grant to tech-driven start-ups in the country in 2015. The National
Coordinator of OIIE, Bunmi Okunowo, disclosed this at the maiden edition of
‘StartUP Friday’ at the OIIE office in Abuja.
Published by the Punch
Newspaper on Tuesday 1st March, 2016
#Health: Ogun plans mobile clinic in rural communities
The Ogun state government has commenced plans to inaugurate
mobile clinic services for rural communities
in the state. According to a statement on Wednesday, the initiative is
to bring health care service delivery closer to the people.
The statement said the commissioner for Health, Dr Babatunde
Ipaye, made the disclosure at a ceremony to mark the end of February 2016
Immunization Plus programme in the Ifo Local Government Area of the State.
Published by The Punch
Newspaper on Thursday 3rd March 2016
#Stocks: NSE- Stocks hit seven-week high
Stock performance on the floor of theNigeria Stock exchange
on Wednesday rose to a seven-week highafter a total of twenty one (21) stocks
closed on positive notes.
The NSE market capitalization rose to N8.736tn from N8.544tn,
while all the share index stood at 25,396.83 basis points from 24,838.31
recorded the previous day.
Published by The Punch
Newspaper on Thursday 3rd March 2016
#Economy #Currency: Naira gains
6%, sells for 310 against dollar
The naira gained six percent against the United States dollar
at the parallel market on Wednesday closing at 30 against the greenback,
foreign exchange dealers said.
Published by The Punch
Newspaper on Thursday 3rd March 2016
#Education #Empowerment: LADOL technical training school to begin in
December
The Managing Director, Lagos Deep Offshore Logistics Base,
Amy Jadesimi, has said the training school being established by the company
will take off in December this year. She said this while receiving a delegation
from the National Petroleum Investment Management Services at the base in
Lagos.
Published by The Punch
Newspaper on Thursday 3rd March 2016
#Energy: Nigeria loses $21bn oil investment, faces stiff competition
The Nigerian oil and gas industry, which saw a decline of
about twenty one billion dollars ($21bn) in capital investment in 2015, needs
to be repositioned to be able to compete globally for shrinking investment
occasioned by the sharp drop in oil prices.
Published by The Punch
Newspaper on Thursday 3rd March 2016
#StakeholdersAction: Shell in fresh battle over Nigeria oil spill
Oil giant, Royal Dutch Shell, is facing fresh environmental
claims in the London High Court from two Nigerian communities who alleged that
they had suffered from repeated large scale oil spills from the company’s pipeline
in the Niger Delta.
Published by The Punch
Newspaper on Thursday 3rd March 2016
#Energy: US crude export threatens Nigeria, Others
Crude oil from Nigeria and other West African countries are
being displaced by United States’ crudes, Light Louisiana Sweet and MEH, which
represents WTI Midland crude at the Megellan East Houston Terminal.
Published by The Punch
Newspaper on Thursday 3rd March 2016
#Education: Jigawa awards N1bn contract for school renovation
The Jigawa state government has awarded contract for the
construction and renovation of classrooms in 223 primary and junior secondary
schools in the state at the cost of over N1billion, the chairman of the State
Universal Basic Education Board, Salisu Zakari, has said.
Published by the Daily
Trust Newspaper on Thursday 3rd March 2016
#Tax: Oil swap-2 companies owe $651m tax
Two oil companies, Transfigura and Duke Oil, owed the
Nigerian Government taxes to the tune of $651 million in four years, it was
revealed yesterday.
Published by the Daily Trust
Newspaper on Thursday 3rd March 2016
#Health: NEMA treats 137 children of measles at Zamfara IDPs Camp
The National Emergency Management Agency (NEMA) in
collaboration with Medicines Sans Frontiers (MSF) has treated 137 children of measles at the Internally
Displaced Persons Camp in Gusau, the capital Zamfara State.
Published by the Daily
Trust Newspaper on Thursday 3rd March 2016
#Training #Education: USAID trains 2 million households, partners Bauchi
on education
At least two million Nigerian households have been trained by
the United States Agency for International Development (USAID) in various
farming methods to increase productivity in farming and scaling up small time
farmers to become commercial level farmers.
Published by the Daily
Trust Newspaper on Thursday 3rd March 2016
#Economy #Trade: Nigeria, Turkey trade volume hits $1.1bn
The total trade volume of Nigeria and Turkey is currently at
$1.145 billion, Turkish President Recep Tayyip Erdogan has disclosed. Erdogan
disclosed this at the Aso Rock Presidential Villa in Abuja yesterday during a
joint press conference with his host, President Muhammadu Buhari.
Published by the Daily
Trust Newspaper on Thursday 3rd March 2016
#Power: Power drop caused by gas
pipeline maintenance-TCN
The transmission Company of Nigeria (TCN) has said the
average electricity grid, last week, of 3,755 megawatts (MW) was caused by
scheduled maintenance on pipelines supplying gas to the power generating
stations. A statement issued by the Assistant General Manager, Public affairs,
clement Ezeolisah, said power generation has now improved, reaching over 4200MW
daily average.
Published by the Daily
Trust Newspaper on Thursday 3rd March 2016
#Agric: Researchers develop new wheat variety… to save Nigeria $4.6bn
annually
Nigerian researchers and their partners from Tunisia and the
International Institute of Tropical Agriculture have developed a new wheat
variety suitable for cultivation in Nigeria.
Unveiling the new wheat variety called Atila gan Atila on Tuesday in Abuja during a press briefing, the
Minister of Agriculture, Chief Audu Ogbeh, said 100000 hectares of the crop has
been cultivated across the states in the North.
Published by the Daily
Trust Newspaper on Thursday 3rd March 2016
#Education #MoU: Jigawa, Malaysia universities sign agreement
Sule Lamido Uni9versity (SLU), Kafin Hausa, Jigawa state and
Universiti Malaysia Kelantan (UMK), Malaysia, will work together to develop
their capacities in the fields of academics and research.
This followed the signing of Memorandum of Understanding
(MoU) between the SLU Vice-Chancellor, Professor Abdullahi Yusufu Ribadu, and
the President, UMK, Professor Mortaza bin Mohamed who led a delegation from his
university on an academic visit to SLU, Kafin Hausa.
Published by the Daily
Trust Newspaper on Thursday 3rd March 2016
#Empowerment: CBN, Abia Govt sign pact on creation of entrepreneurship
centre in Southeast
The Central Bank of Nigeria (CBN) ant the Abia State
Government have signed a tripartite agreement on the establishment of the Entrepreneurship Development Centre (EDC)
for the Southeast Zone of the country.
Abia state had outclassed other sister states to win the bid
for the EDC to be established on its soil, a remarkable feat for the present
administrationof Governor, Governor Okezie Ikpeazu.
Published by the
THISDAY Newspaper on Friday 4th March 2016
#CSR:Aiki Nigeria takes basic ICT to Ogbomosho
As part of developing young people’s skills through
technology, Aiki Nigeria continued its training on basic ICT as it held a Basic
ICT training at the prestigious Ladoke Akintola University of Technology
(LAUTECH), Ogbomosho recently.
Published by the
THISDAY Newspaper on Friday 4th March 2016
#Economy #Partnership: Govt reiterates
support for NESG’s effort to grow economy
Minister of Budget and National Planning, senator Udoma Udo
Udoma has reiterated the Federal Government’s determination to maintain
partnership with t6he Nigegerian Economic Summit Group (NESG) and other private
sector stakeholders to develop the nation’s economy.
Published in the
Guardian newspaper on Friday 4th March 2016
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