Power Outage During Senate Probe: Ministry Holds National Assembly Responsible
The Ministry of Power on has blamed the management of the National Assembly for the power outages which stalled Wednesday’s sitting of the Senate Ad Hoc Committee empanelled to probe the funds expended on the power sector since 1999. According…
N68.7m Theft In NBC: Court Adjourns Manager’s Trial Till Nov. 18
N68.7m Theft In NBC: Court Adjourns Manager’s Trial Till Nov. 18 Written By Paul Ladi, Lagos The trial of a former manager with Nigerian Bottling Company (NBC), bottlers of Coca-cola beverages, Mr. Olubusoye Abayomi Adedeji, who is charged before a…
How Power Outage Stopped Senate Hearing on Power Sector
Hearing by the ad hoc committee empaneled by the President of the Senate, Dr. Abubakar Bukola Saraki, to probe the sector was on Wednesday crippled by power outage. The committee’s sitting could not hold as scheduled as a result. This…
$15bn Oil Deal: Alison-Madueke Demands Public Apology, Lambasts Indian High Commissioner
Former Minister for Petroleum Resources, Mrs. Diezani Alison-Madueke, has refuted allegations made by the Indian High Commissioner to Nigeria, claimimg she “sat” on a $15 billion oil deal, describing it as spurious, unfounded and libelous. Speaking through her attoneys, Messers…
NNPC Shuts Down Warri Refinery Over Crude Shortage
The Nigerian National Petroleum Corporation, NNPC, yesterday, stated that it has shut down the Warri Refineries due to operational challenges. Group General Manager, Group Public Affairs Division of the NNPC, Mr. Ohi Alegbe, who disclosed this, noted, however, that the…
Nigeria Loses $22m In Crude Oil In One Month
Despite the tauted fear of President Muhammadu Buhari being responsible for improved power supply in some quarters, Nigeria has lost a staggering $22.53m (N4.48bn) in crude oil revenue for the month of June, the Accountant General of the Federation, Ahmed…
As Buhari Stops Ongoing Construction Of Second Niger Bridge
President Muhammadu Buhari has halted the on going construction of a second Niger bridge, a move some believe was to further punish the South East for not voting for him. However, the federal government said work on the bridge was…
72 Percent Of Nigerians Support MDAs, EFCC and ICPC Merger – Survey
Move by President Muhammadu Buhari to merge some ministries and parastatals has been received with support from most Nigerians, TheStreetReporters.com can reveal. This was the result of a recent poll conducted by a polling partnership between BusinessDay Media and NOIPolls…
Lagos Helicopter Crash: AIB Releases Manifest
Nigeria’s Accident Investigation Bureau (AIB) has released the names of 12 persons, including six people who died in Bristow Helicopter crash into the lagoon in Lagos Sate. According to the manifest released by the AIB, six victims who lost their…
Egbabor Secures NBC Approval for Isoko Radio License
Written By Nelson Egware Executive Chairman of Isoko North Local Government, Hon. Emmanuel Egbabor has secured the approval of the National Broadcasting Commission (NBC) to establish Isoko Radio which will be the first radio station to be established by any…
PRESS RELEASE: Alleged Termination Of Contract Between Afriland Properties Plc And Lagos State
The management of Afriland Properties Plc notes with concern, recent reports relating to its transaction to redesign and redevelop the iconic Falomo Shopping Centre in Lagos. These unverified reports have implied that, the contract with the Lagos State Development and…
