Monday, July 6, 2020
Home > BUSINESS > Business News
Malam Mele Kyari

NNPC Redeploys Top-Management Staff in New Shake-up

By Mathew Dadiya, Abuja The Nigerian National Petroleum Corporation (NNPC) yesterday, announced new appointments and redeployments in the Corporation. The exercise, the Corporation said was part of ongoing efforts to strengthen and reposition the nation’s oil company for greater efficiency, transparency and profitability in line with the Next Level Agenda of President

Read More

FG Orders NERC, DisCos to Stop Electricity Tariff Hike

By Mathew Dadiya, Abuja The Federal Government has stopped the Nigerian Electricity Regulatory Commission (NERC) and its Distributing Companies (DisCos) from electricity tariff hike earlier planned to commence today. This was sequel to two separate meetings held yesterday by President Muhammadu Buhari and Vice President Yemi Osinbajo with the leadership of the

Read More

China to Provide N1trn for AKK Gas Pipeline Project

By Mathew Dadiya, Abuja President Muhammadu Buhari, has flagged-off the construction of the 614km Ajaokuta-Kaduna-Kano (AKK) gas pipeline contract awarded at a cost of US$2.592 billion, an equivalent of N1 trillion. The Engineering, Procurement, Construction (EPC) contract for the project was awarded to Messrs. Oilserv Plc/China First Highway Engineering Company (Oilserv/CFHEC Consortium)

Read More