Intense lobbying has commenced in states and Abuja as top shots of the All Progressives Congress (APC) jostle to replace eight ministers who left the federal cabinet last week to pursue their 2023 ambitions. President Muhammadu Buhari had on Wednesday during the Federal Executive Council (FEC) meeting, asked members of …
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Fuel Scarcity: Airline Operators Announce Flight Disruption, Cancellation
The Airline Operators of Nigeria have announced plans to disrupt scheduled flight operations over the scarcity of aviation fuel. The announcement was contained in a statement titled, ‘Public notice: Disruptions in flight operations’, on Monday. In the statement signed by AON’s spokesperson, Prof. Obiora Spokesman, the operators lamented that aviation …
Read More »Jubilant Crowd Receive MOJEC Mobile MAP Metering Team at Oshodi Business District
Jubilant Crowd Receive MOJEC Mobile MAP Metering Team at Oshodi Business District Jubilant electricity consumers trooped out in their numbers to participate in the MOJEC Mobile MAP initiative, with many applauding the pleasant surprise of being metered same day. The Mobile MAP team, comprising MOJEC and Ikeja Electricity Distribution Company …
Read More »Dangote Unable To Complete Refinery By 2023 Over ‘Cash Constraints’ – Report
Fitch, the world’s biggest global rating agency has alleged that Africa’s wealthiest man, Aliko Dangote is not capable of completing its highly anticipated Refinery situated in Lagos. The agency claims that his company, Dangote Industries has limited financial flexibility with to complete its refinery. The Allegation is based on the …
Read More »Oil Marketers Are Ripping Us Off – Airline Operators
Airline Operators of Nigeria, AON, has given a graphic picture of how major oil marketers are shortchanging them with the cost of aviation fuel, also known as Jet-A!. It will be recalled that the operators had two months ago, on heels of the astronomical prices of aviation fuel, given a …
Read More »FIRS Calls For Increased Collaboration Within African Countries To Effectively Tax Digital Businesses
FIRS Calls For Increased Collaboration Within African Countries To Effectively Tax Digital Businesses The Federal Inland Revenue Service (FIRS) has stated that there is need for improved collaboration among countries and international stakeholders with the aim of exploring alternative rules that will enable market jurisdictions, particularly African countries, to effectively …
Read More »Supreme Court Justice, Mary Odili Set To Retire From Nation’s Judiciary Thursday
Supreme Court judge, Mary Odili, will on Thursday, May 12, officially bow out of the nation’s Judiciary. Odili is one of the earliest women to be elevated to the Supreme Court bench. Her retirement comes as she had attained the mandatory retirement age of 70 years. The Imo State born …
Read More »Nigerians Should Prepare For The Worst Fuel Scarcity – Petrol Marketers
The Independent Petroleum Marketers Association of Nigeria has asked Nigerians to prepare for the worst fuel crisis. To avoid this, the petrol marketers association asked the Federal Government to prevail on the Nigerian Midstream and Downstream Petroleum Regulatory Authority to pay its members their outstanding bridging claims amounting to over …
Read More »Again, Naira Loses To Dollar, Closes At 419 «
The Naira on Monday depreciated at the Investors and Exporters window, exchanging at N419 to the dollar, a 0.48 per cent depreciation, weaker than N417 it traded on Friday. The open indicative rate closed at N419 to the dollar on Monday. An exchange rate of N423.00 to the dollar was …
Read More »Allow Us To Buy Aviation Fuel Directly To Address Scarcity – AON
The Aviation Operators of Nigeria (AON) has explained that the scarcity of aviation fuel can be addressed if airliners are allowed to purchase it directly. Allen Onyema, vice-president of AON who stated this during a meeting of house of representatives with aviation stakeholders on Monday said, “We were told here …
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