Acting Executive Secretary/CEO, Nigerian Investment Promotion Commission (NIPC), Mr Emeka Offor, on Thursday assured the Ekiti State government of the Commission's support to drive Responsible, Inclusive, Balanced and Sustainable (RIBS) investments to Ekiti State. The NIPC boss gave the assurance in Ado-Ekiti during the maiden edition of the Ekiti State...
The Minister of Agriculture and Rural Development, Dr. Mohammad Mahmood Abubakar has placed an urgent call to staff of the ministry at all levels to work hand in hand to achieve the President's goal of ensuring food sufficiency in the country. Dr. Abubakar made the call when he visited the...
The leadership of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has announced the suspension of the intended withdrawal of the services of Petroleum Tanker Drivers (PTD) earlier scheduled to commence midnight of Sunday, 10th October 2021. This was following the understanding reached with the Union by the...
The Nigeria National Petroleum Corporation (NNPC) calls on Petroleum Tanker Drivers to, in the interest and welfare of the Nigerian people call off its planned strike action. Recall, the strike is about the condition of roads in various parts of Nigeria which are used for the distribution of goods and...
Dangote Cement Plc has emerged as the highest corporate income taxpayer and biggest employer of labour in the country for the year 2020. The foremost indigenous cement manufacturer came first among top 100 elite companies listed on the Nigeria Exchange (NGX) posting into the coffer of the federal government a...
The Nigerian National Petroleum Corporation (NNPC) has disclosed that it is not recruiting currently, therefore, urged Nigerians to disregard fake recruitment information circulating in the Social Media. NNPC however, said whenever it decides to conduct a recruitment exercise, it will announce to the public through authentic public communication channels including...
The Central Bank of Nigeria (CBN) has reiterated its determination to address the existing challenges in the country’s wheat value chain as part of efforts to shore up the country’s foreign reserves. The Director, Development Finance Department at the CBN, Mr. Philip Yila Yusuf, disclosed this in Abuja on Thursday,...
Dangote’s 650,000 barrels-per-day (bpd) oil refinery project has been identified as one of the oil distillation companies that would boost global refining capacity by 6.9 million barrels per day between 2021 and 2026. The Organisation of the Petroleum Exporting Countries (OPEC), which made this disclosure in its 2021 World Oil...
The Nigerian Investment Promotion Commission (NIPC) has emerged first position at the 2021 National FOI Compliance & Transparency Ranking out of the 213 Ministries, Department and Agencies (MDAs) that were assessed. A statement signed by NIPC's Head, Press & Protocol, Mr. Daniel Awurum said that the parameters for the ranking were...
The Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday disclosed that about 77 oil and gas companies in Nigeria are indebted to the federation to the tune of $2.659 Trillion Naira. The debt, according to NEITI, arises from failure to remit petroleum profit tax, company income tax, education tax, value added...