Olayiwola Oshunrinade The hope of Nigerians getting premium motor spirit (PMS), commonly known as petrol, below N800 per litre, at least for now when the price of crude oil is less than $80 per barrel and the official exchange rate of the Naira to the Dollar is above N1,600/$1 at the currency market, may have […]
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A former presidential aspirant under the ruling All Progressives Congress (APC), Mr. Stanley Osifo, has expressed his views on various national issues, including local government autonomy. According to Osifo, local government autonomy entails several key elements critical to governance and grassroots development. In this interview with OLAYIWOLA OSHUNRINADE, Osifo stated that President Bola Tinubu’s administration […]
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Olayiwola Oshunrinade Government Ekpemupolo, also known as Tompolo has alleged that powerful individuals behind oil theft in the country are currently angry at him for exposing their shady deals. He made the allegations at his hometown in Oporoza, the headquarters of the Gbaramatu Kingdom, during a visit by the members of the Nigerian Bar Association. […]
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Olayiwola Oshunrinade Barely two months after the September completion deadline flop, the Nigerian National Petroleum Company Limited, NNPCL, has explained why it could not deliver the much-awaited Port Harcourt Refinery Company. In an interview on Monday, the NNPCL Chief Corporate Communications Officer, Olufemi Soneye, said the company encountered risks and challenges while carrying out the […]
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Oil companies’ indebtedness to the Federal Government in terms of royalties and taxes has risen to $6.175bn, according to an audit of the petroleum industry by the Nigeria Extractive Industries Transparency Initiative (NEITI). The oil and gas industry report, presented on Friday in Abuja, revealed a breakdown of $6.071bn and ₦66.4bn in unpaid royalties and […]
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By JESUTEGA ONOKPASA I recently received a report from a learned colleague that Dangote cement plants are currently producing at below or no more than 20 percent capacity and that this is not due to any legitimate constraints but for the purpose of creating artificial scarcity in order to increase prices. I am not in […]
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