Senate plans arrest warrant for NNPCL chiefs, HoCSF

Senate plans arrest warrant for NNPCL chiefs, HoCSF

The Senate has announced its decision to issue a warrant of arrest for some agencies for their incessant refusal to honour lawmakers’ summonses. it was gathered that the agencies penned down for invitation by the Senate Committee on Ethics, Priviledges and Public Petitions, led by Senator Neda Imasuen (LP, Edo South), are the Nigerian National Petroleum Corporation Limited, the Nigerian Diaspora Commissions, and the Union Homes Savings And Loans Plc. […]

October 14, 2024 14

POLITICS

Rivers plans parallel secretariats as police bar Fubara caretaker chairmen

Rivers State Governor, Siminalayi Fubara, has said 23 local government councils in the state will operate from alternative secretariats following Tuesday’s sealing of the councils by the police. The governor, who said this after swearing in the 23 local government caretaker committee chairmen on Wednesday in Port Harcourt, the state capital, said they could operate from anywhere. Fubara stated this as the police barred the newly inaugurated caretaker chairmen from […]

June 20, 2024 19

NEWS

FG plans performance-based salary scheme for workers

A new wage system based on employee’s productivity in the civil service is underway, the Federal Government said on Monday. The government said with the system, workers on the same level could earn different salaries. The government said the formulation of an innovative wage system was being considered because it realised that productivity was a key factor in the growth of the country’s economy. The Director-General of the National Productivity […]

May 14, 2024 17

NEWS

2027: Lagos PDP holds reconciliation meeting, plans to snatch Lagos from APC

Ahead of the 2027 general elections, the Lagos State Chapter of the Peoples Democratic Party has initiated plans to reconcile all warring members of the party in a bid to wrest power from the ruling All Progressives Congress in the state. This was according to a chieftain of the party, Chief Olabode George, during Tuesday night’s edition of Newsday on Arise TV. Since the poor performance of the party at […]

May 8, 2024 17

BUSINESS

NNPCL plans to end fuel shortage in 10 years

The Nigerian National Petroleum Company Limited has assured Nigerians that the country’s energy scarcity will be over in the next 10 years. The NNPCL Group Chief Executive Officer, Mele Kyari, disclosed this Tuesday at the opening ceremony of the seventh edition of the Nigerian International Energy Summit held in Abuja. In a statement by the NNPCL Chief Corporate Communications Officer, Olufemi Soneye, assured stakeholders of the company’s commitment to work […]

February 28, 2024 30

BUSINESS

CBN plans tough sanctions for banks

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has vowed to pursue an aggressive regulatory environment to reduce infractions in the country’s banking system. He said this on Tuesday in Abuja at the Monetary Policy Committee meeting of the apex bank, the first since he assumed office in September 2023. He also stated that an in-depth investigation was underway to determine the necessary actions against banks involved in […]

February 28, 2024 53

BUSINESS

FG plans over $3tn for energy transition

The Minister of State for Petroleum Resources (Oil), Dr Heineken Lokpobiri, has disclosed that Nigeria will spend a total sum of $3.1tn to transit from fossil fuel to cleaner and renewable energy. Lokpobiri said the nation had projected $1.9tn for energy transition plan, while $1.2tn was estimated for renewable energy plan in 2060, making a sum of $3.1tn altogether. He made this known at the 54th Annual Meeting of the […]

January 19, 2024 54

BUSINESS

Deputy Speaker plans six-month peace project for S’East

A not-for-profit organisation, the Peace in South East Project, has unveiled a six-month action plan geared towards implementing its eight pillars of thematic focus to bring about peace in the region an initiative of the Deputy Speaker of the House of Representatives, Benjamin Kalu, is an intervention strategy with a focus on the use of non-kinetics means to address the security challenges in the South-East zone. Unveiled on December 29, […]

January 15, 2024 45

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