March 2025 – Page 98

Ex-PANDEF Spokesman Condemns Tinubu’s Emergency Rule

19.03.2025

Former National Publicity Secretary of the Pan Niger Delta Forum (PANDEF), Chief Anabs Sara-Igbe, has strongly criticized President Bola Tinubu’s decision to declare a state of emergency in Rivers State, describing it as unconstitutional and biased. Speaking in an interview with News Central on Wednesday, Sara-Igbe accused President Tinubu of overstepping his constitutional powers by...

FG deducts states’ N800bn allocations to pay foreign debt

19.03.2025

The Federal Government deducted N800bn from state allocations in 2024 to service foreign debts and other contractual obligations, according to the latest FAAC Quarterly Review released by the Nigeria Extractive Industries Transparency Initiative. In a statement on Tuesday by the acting Director of Communication and Stakeholders Management, NEITI, Mrs Obiageli Onuorah, the agency noted that...

FG Reaffirms Commitment To Business Friendly Environment

19.03.2025

The Federal Government has reaffirmed its commitment to creating a safe and conducive environment that will foster private sector investments aimed at unlocking new economic potentials as well as create job opportunities for the teeming youth in the country. Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, gave the assurance Tuesday...

Oil earnings threatened as explosion rocks 450,000bpd pipeline

19.03.2025

Nigeria’s daily oil output might be affected following an explosion that rocked a section of the Trans Niger Pipeline in Bodo Community, Gokana Local Government Area of Rivers State. The pipeline is owned by Renaissance Africa Energy Holdings. A media person in the Renaissance Renaissance Africa Energy Holdings said the company responded to an incident...

Ex-Agitators Praise Otuaro For Reducing Tension In N’delta

19.03.2025

Beneficiaries of the Presidential Amnesty Programme (PAP) have praised Administrator Dennis Otuaro’s leadership style, saying it has helped reduced tension and conflicts in Niger Delta. Speaking in Yenagoa during a solidarity rally to celebrate the positive changes Otuaro brought to the Niger Delta, the national chairman of Phase 2 of the Amnesty Programme, Ibena Rufus...

CrediCorp unveils N100bn car ownership credit scheme

19.03.2025

The Chief Executive Officer of the Nigeria Consumer Credit Corporation, Uzoma Nwagba, has launched a N100bn consumer credit initiative aimed at making car ownership more accessible to Nigerians. Speaking at a stakeholders’ event for vehicle reward beneficiaries on Tuesday, Nwagba said the scheme was designed to empower Nigerians by providing them with access to essential...

IGP Hails Zulum, Inaugurates 110 Vehicles, 280 Houses To Police, Other

19.03.2025

The Inspector General of Police (IGP), Kayode Egbetokun, yesterday praised Borno State Governor Babagana Zulum, zeal to secure the state from banditary and insecurity. Egbetokun, while inaugurating 110 Police Vans By Zulum , said: “Beyond the massive improvements in infrastructure, education, healthcare and agriculture, Borno State Governor Prof. Babagana Umara Zulum, has accorded high priority...

PENGASSAN threatens to withdraw members from upstream operations – Punch Newspapers

19.03.2025

The Petroleum and Natural Gas Senior Staff Association of Nigeria has threatened to withdraw all its members from every upstream operation nationwide if Sterling Oil Exploration and Energy Production Company fails to immediately address the ongoing labour issues between the oil firm and PENGASSAN. The association also stated that the Federal Government must remove the...

…Lawyers Fault Declaration Of State Of Emergency

19.03.2025

Some senior lawyers have queried the rationale behind the declaration of a State of Emergency in Rivers State by President Bola Tinubu yesterday. The lawyers argued that the president’s action is a dangerous precedent that undermines Nigeria’s democratic institutions. Speaking on the development, a Senior Advocate of Nigeria (SAN), Amobi Nzelu, condemned the declaration, arguing...

Finance minister pledges support for private sector, meets Dangote

19.03.2025

The Federal Government has reaffirmed its commitment to creating a business-friendly environment that encourages private-sector investment, boosts economic growth, and generates job opportunities for Nigerians. According to a statement signed on Tuesday by the Director of Information and Public Relations, Mohammed Manga, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, gave...