The Nigerian National Petroleum Corporation, NNPC, is currently shopping for $1 billion to revamp Nigeria’s biggest refinery located in Port Harcourt, Rivers State. To realise its plans, the nation’s oil company is already in high-level discussion to raise the money via a prepayment deal with trading firms. If the financing is successful, the long overdue rehabilitation of the refinery should reduce Nigeria’s hefty fuel import bill. It would also mark Nigeria’s second oil-backed financing since the COVID-19 pandemic that has added to the difficulty of finding investors as fuel demand is sapped by lockdowns and renewable energy is gaining ground over fossil fuels. The money would be repaid over seven years through deliveries of Nigerian crude and products from the refinery once the refurbis...
Cable News Network, Inc. (CNN) has protested against its invitation by the Lagos Judicial Panel of Inquiry to appear before it on Saturday, December 12, 2020, (today), over the alleged killing of peaceful #EndSARS protesters by soldiers in October. The news outfit said the panel does not have the jurisdiction to summon its staff to testify before it because they are not in Nigeria. The panel had invited CNN following its two-part report on the Lekki shooting incident. The report had claimed that Nigerian soldiers shot at and killed peaceful #EndSARS protesters on the night of October 20 at the Lekki toll gate, Lagos. According, the objection file by CNN’s Lawyers, Messrs. Olumide Babalola LP and dated 4th December 2020 at the Tribunal on December 9, 2020, stated that the panel is bereft of...
The federal government on Friday continued negotiations with the Academic Staff Union of Universities (ASUU) to put an end to the eight-month-old strike action. The post Strike: Nigerian government, university lecturers continue negotiations appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
The Executive Director of African Environment and Economic Justice (ANEEJ), David Ugolor, yesterday, said that the Nigerian government is set to receive a fresh whooping sum of £60 million from the United Kingdom as part of the money starched by the former governor of Delta State, James Onanefe Ibori. The post ANEEJ: Nigeria to get fresh £60 million loot from UK appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.