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FG plans special end-of-year train services

The Nigerian Railway Corporation is to run an end-of-the-year special train service on all its routes across the country. The train service complies with the Federal Government’s directive through the Federal Ministry of Transportation. The NRC in a statement by its Deputy Director, Public Relations, Yakub Mahmood, on Wednesday, said the modality for the special...
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Analysts warn FG of renewable energy variability risks

Energy experts have warned that the country’s sustainable energy future hinges on making the right power flexibility choices as soon as possible. At a recent Energy Transition Forum Organised by Wärtsilä, stakeholders discussed strategies for achieving Nigeria’s long-term sustainable energy vision. They noted that today’s power flexibility choices must match the country’s long-term sustainable energy...
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NCDMB earmarks N15bn for local contractors

The Executive Secretary of the Nigerian Content Development and Monitoring Board, Felix Ogbe, has disclosed that N15bn had been earmarked for the revised Community Contractors Financing Scheme. It was learnt that this initiative will address a critical challenge faced by local contractors: their limited access to funding for contracts awarded by oil and gas companies....
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NNPC plans five LNG plants in Kogi

The Chairman Senate Committee on Local Content, Senator Natasha Akpoti-Uduaghan, has disclosed that the Nigerian National Petroleum Company Limited is set to establish five mini-liquefied natural gas plants in Ajaokuta Local Government Area of Kogi State. The senator made the revelation on Tuesday at the Practical Nigerian Content Forum organised by the Nigerian Content Development...
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NNPC plans five cooking gas plants in Kogi

The Chairman Senate Committee on Local Content, Senator Natasha Akpoti-Uduaghan, has disclosed that the Nigerian National Petroleum Company Limited is set to establish five mini-liquefied natural gas plants in Ajaokuta Local Government Area of Kogi State. The senator made the revelation on Tuesday at the Practical Nigerian Content Forum organised by the Nigerian Content Development...
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Firm, Afreximbank sign steel pipe imports financing deal

The African Export-Import Bank has agreed to provide a $10m revolving trade finance facility to Dorman Long Engineering Limited to facilitate the importation of steel pipes for threading. A statement by the firm on Wednesday disclosed that under the terms of the agreement signed on the sidelines of the just-ended African Energy Week in South...
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NIMASA seeks collaboration to strengthen maritime safety

The Director General of the Nigerian Maritime Administration and Safety Agency, Dr Dayo Mobereola, has stated that Nigeria was exploring collaborative avenues to enhance maritime safety and security. He also declared that innovative financing models would catalyse achieving sustainable development in the African maritime industry. Mobereola, while speaking at the 7th Association of African Maritime...
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NPA to address maritime risk

Amidst a rapidly changing global environment, the Nigerian Ports Authority has called for a robust security framework to address emerging risks in the maritime domain. The NPA’s Managing Director, Dr. Abubakar Dantsoho, disclosed this while speaking at the 2024 National Conference of the Port Facility Security Officers Forum of Nigeria. Dantsoho stated that a “proactive...
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Interswitch backs CeBIH conference on digital payments

Interswitch, Africa’s leading payments and digital commerce company, has announced its sponsorship of the 2024 Committee of e-Business Industry Heads Conference. In a statement on Wednesday, the payment giant said the event will be held this month in Lagos, with the theme, “Payment System Vision 2030: Navigating Contemporary Issues in Driving Future Growth.” CeBIH, an...
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Fuel imports hit 2.3bn litres despite local production

Despite the commencement of petrol production by two major refineries in Nigeria in the last three months, oil marketers have continued to import and distribute the product nationwide. The PUNCH gathered on Wednesday that marketers imported 2.3 billion litres of petrol between September 11 and December 5, 2024. The continued importation of petrol is contrary...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...