Petrol tanker fire burns 10 Persons to death, many injured in Ondo A fuel-laden tanker  caused tragedy at Owena, a border town between Ondo and Osun states, killing no fewer than 10 persons while not less than 20 others were injured. The accident, which occurred in the afternoon on the Akure-Ilesha Road when the tanker with Total logo lost its brake and rammed...... read more
Gas station explosion waste 100 in Ghana About 100 people have died after an explosion sent flames coursing through a gas station in the center of Accra, the Ghanaian capital, officials said on Thursday. The explosion occurred Wednesday night while the station was packed with residents seeking shelter from knee-high water caused by days of torrential rain that...... read more
BREAKING: Hassan-Baba replaces sacked NIPC Boss President Jonathan has immediately appointed Mrs Uju Aisha Hassan-Baba to replace sacked Executive Secretary/CEO of Nigerian Investment Promotion Commission, NIPC, Mrs Saratu Umar. This was disclosed in a Press Statement made available by Special Adviser to the President Reuben Abati few hours after Mrs Umar was sent parking from commission on Monday...... read more
Jonathan fires NIPC Boss after Workers' protest Federal Government early Monday morning presented embattled Executive Secretary of the Nigerian Investment Promotion Commission (NIPC), Ms. Saratu Umar, with sack letter. Her dismissal order which was conveyed by the Secreatry of Government of the Federation, SGF, Anyim Pius Anyim and approved by President Goodluck Jonathan takes immediate effect Ms. Saratu...... read more
How Buhari rescued me from exile -Amaechi Governor Rotimi Amaechi of Rivers State has confessed that he would have been in a lot of trouble if General Muhammadu Buhari and the All Progressives Congress, APC, had not won the Presidential elections. He said he would have had to go on exile. Amaechi made the statement in Lagos on...... read more
Jonathan approves Enugu Free Trade Zone President Goodluck Jonathan has given the final approval for the establishment of the Enugu Free Trade Zone. Enugu State Governor, Sullivan Chime, who disclosed this during the commissioning of Sunrise Flour Mlls Enugu, at the weekend, said the President is expected in commission the project on May 21. The governor said...... read more
Why Buhari shouldn't tamper with power sector privatisation -FG Federal government has declared that the incoming administration led by Muhammed Buhari would be 'ill -advised' if he ponders reversing power sector privatisation. Addressing journalists in Abuja, Minister of Power, Professor Chinedu Nebo said the gains of the privatisation were very obvious and any attempt to reverse it will take Nigerians...... read more
Fuel sells for N500 per litre in Oyo as petrol scarcity worsens Things appear to be getting out of hands with the worsening fuel situation in the country, with the price of the prime commodity, skyrocketting to unimaginable and uncomfortable levels. Across the country, the story of motorists and commuters having to go through hell in the bid to make ends meet in...... read more
Fuel Scarcity: Marketers deny receiving payment from govt, continue strike Despite the claim by the Federal Government that N156 billion was released on Thursday to oil marketers to facilitate the quick resolution of the current fuel crisis, the National Association of Road Transport Owners (NARTO), has said normal lifting of fuel will not resume till their members’ accounts are duly credited...... read more
FG to pay oil marketers N156bn on Thursday The Federal Government on Wednesday expressed concern over the fuel scarcity being witnessed in some parts of the country, stating that oil marketers would on Thursday receive the sum of N156bn as payment for fuel subsidy. The Minister of Finance, Dr Ngozi Okonjo-Iweala, stated this while speaking during an interview with...... read more
Queues persist as petrol dries up Queues of motorists in desperate need of petrol resurfaced in Lagos, Ogun, Oyo and Kwara states on Tuesday and continued on Wednesday, while the scarcity of the product worsened in Abuja, the Federal Capital Territory following the drastic cut in supply. Our correspondents gathered that following the inability of the Federal...... read more
Jonathan appoints Peter Obi SEC Chairman, sacks NHIS boss Barely one month before handing over power, President Goodluck Jonathan has appointed a former Governor of Anambra State, Peter Obi, as chairman of the Securities and Exchange Commission, SEC. Mr. Obi’s appointment was contained in a statement released Tuesday by the Special Adviser on Media and Public Affairs to the President,...... read more
Buhari backs Adesina for ADB’s top job President-Elect, Maj. Gen. Muhammadu Buhari (rtd.) has urged the Economic Community of West African States to support the candidacy of Nigeria’s Dr. Akinwunmi Adesina as the next president of the African Development Bank. Buhari communicated his backing of Adesina’s candidacy to the Ghanaian President, John Dramani Mahama, who is the current...... read more
Why petrol price can’t go to N40 now -IPMAN The Independent Petroleum Marketers Association of Nigerian, Mosimi, Ogun State has said that it would  be too difficult for the President-elect, Gen. Muhamadu Buhari to reduce the petroleum pump price to N40 per litre.  The association said the situation  in the industry could not allow such reversion, saying, it could however, be reversed...... read more
Jonathan to Commission completed Power Projects before May 29 President Goodluck Jonathan will between now and May 29 commission completed power projects across the country under the National Integrated Power Projects (NIPP). Benue State Governor, Gabriel Suswam and Minister of Power, Chinedu Nebo gave the hint at the end of the last meeting of the Board of Niger Delta Power...... read more
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