Author: Chief Editor

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The Central Bank of Nigeria (CBN’s) Governor, Mr. Godwin Emefiele, yesterday withdrew his suit seeking the determination of his right to participate in the 2023 presidential election. Emefiele had dragged the Independent National Electoral Commission (INEC) and the Attorney General of the Federation (AGF) to the Federal High Court in Abuja, over fears that the two defendants were likely going to prevent him from participating in the processes leading to the 2023 presidential poll based on Section 84(12) of the Electoral Act, 2022, which barred political appointees except they resigned from office 30 days to the congresses and conventions of…

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The Nigerian National Petroleum Company Limited (NNPC) Limited and its Joint Venture (JV) partner, Sahara Group, yesterday took delivery of two 23,000 CBM Liquefied Petroleum Gas (LPG) vessels at the Hyundai MIPO Shipyard in Ulsan, South Korea. The new vessels, MT BARUMK and MT SAPET, THISDAY learnt, have increased NNPC and Sahara Group’s investment to over $300 million, approaching the JV’s $1 billion gas infrastructure commitment by 2026. The fleet previously comprised MT Sahara Gas and MT Africa Gas and all the four vessels were built by Hyundai MIPO Dockyard, a foremost global manufacturer of mid-sized carriers. Sahara announced the…

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Improving Diversity, Equity, Inclusion and Belonging (DEIB) in a small business requires commitment to hiring a diverse workforce and engaging them once hired, Human Resource (HR) experts have said. They are of the view that even though small businesses do not have the resources of large organisations, there are many things they could do to meet diversity goals. Indeed, small businesses have a brighter future when they are diverse and inclusive. But for most small organisations, it takes work to build a team that reflects the demographics of their community. It certainly doesn’t happen by chance. As part of celebrations…

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Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, yesterday, expressed concern about corruption cases being lost to technicalities at various courts nationwide. He maintained that the development might serve as a disincentive to the fight against economic and financial crimes. The EFCC chair made the submission in Abuja while giving his opening remarks at a three-day capacity building workshop with the theme, “Judicial Dynamism: A Key Factor in the Fight Against Economic and Financial Crimes,” organised for judicial officers, investigators and prosecutors. He submitted that graft cases being lost on technical grounds have a way of…

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• Ongoing primaries valid under existing laws, not affected by amendments, lawyers say A Coalition of Election Monitors and Observers (CEMO) has warned President Muhammadu Buhari against assenting to the recent Electoral Act 2022 amendment bill because preparations for the 2023 general elections are already in full gears. The coalition, made up of 24 election monitoring groups, gave this warning, yesterday, after a meeting in Abuja, adding that signing the bill now will cause disruption in the processes of primaries already commenced by political parties under the provisions of the extant law. The group noted that as desirable as the…

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The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has stated that about 400,000bpd is expected from the rehabilitation of NNPC refineries in Port Harcourt, Warri, and Kaduna using target performance of not less than 90 per cent of nameplate capacity. Wabote at the Nigerian Continent Midstream-Downstream Oil and Gas summit in Lagos, also explained that the refining roadmap by the present administration, which includes four focus areas such as the rehabilitation of the existing four national refineries, co-location of new refineries, construction of greenfield refineries and construction of modular refineries is expected to boost the nation’s…

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• Asks Nigeria to return to electronic wallet for fertiliser distribution • Tells African leaders there’s no pride in begging • AfDB to spend $12b on continent’s food sufficiency programme With 65 per cent of the global arable land and available cutting-edge technologies, Africans cannot afford to go to the rest of the world with bowls in their hands begging for food. Rather, the continent should leverage its competitive advantages in food production to feed its citizens and emerge with a solution to the current challenges confronting the global community. President of African Development Bank (AfDB) Group, Dr. Akinwumi Adesina,…

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The International Islamic Relief Organisation (IIRO) of the Kingdom of Saudi Arabia, on Friday, disbursed N131 million in allowances to 1,960 orphans in Kebbi State. Flagging off the exercise at the Presidential Lodge in Birnin Kebbi, the state capital, Gov. Atiku Bagudu of expressed gratitude to IIRO for the gesture and appealed for the sustenance of the programme. The News Agency of Nigeria (NAN) reports that the disbursement was done through Islamic League, Kaduna Office. The governor, who was represented by Alhaji Babale Umar-Yauri, Secretary to the State Government (SSG), assured that the present administration in the state placed a…

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Former Senate President and presidential aspirant of the Peoples Democratic Party, Dr. Bukola Saraki, on Thursday, said other aspirants have admitted to his ingenuity in solving Nigeria’s challenges. Saraki made this disclosure in Gombe while canvassing for the votes of PDP delegates in the coming presidential primary. He said, “Today, I am here to urge my brothers, my sisters and my leaders to support me. Let us not vote with sentiments. “If you ask all the aspirants who can make Nigeria better, who can create jobs, who can put an end to insecurity and who has the capacity, even all…

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Liverpool manager Jurgen Klopp confirmed on Friday that striker Divock Origi will leave the Premier League club at the end of the season. The Belgium international has not played enough matches to trigger an extension to his contract and has been heavily linked with a move to AC Milan. The 27-year-old has been a bit-part player since he joined Liverpool in 2014 but has scored vital goals including two in an astonishing comeback against Barcelona in the Champions League semi-finals in 2019. Origi also scored in the final that year as Liverpool lifted their sixth European Cup against Tottenham. “I…

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