Category: Business

FG set to Approve 3 modular refineries in Edo–Kachikwu…As Alaghodaro Investment Summit kicks off Friday

Emporium Reporters
Edo–Kachikwu

As business leaders storm Benin City, the Edo State capital, Friday, for the Alaghodaro Investment Summit,Minister of State Petroleum Resources,Dr.Ibe Kachikwu,on Thursday in Benin City said the Federal Government is already processing applications received for the establishment of seven modular refineries in the state.He said three of the applications have reached the approval stage.Kachikwu disclosed this during the Stakeholders’ Engagement and Enlightenment Campaign in Niger Delta states, organised by the Federal Ministry of Petroleum Resources in collaboration with the Edo State Government, held in Benin City. The event was part…

Former President Obasanjo Rents Out His 25-room Building at N10 Per Annum to Local Govt

Emporium Reporters

A 25-room building which will serve as secretariat of the newly established Cocker-Ibogun local government in Ogun state, has been rented out by former president Obasanjo at a meager fee. According to a report by Premium, former president, Olusegun Obasanjo, has rented out his 25-room building in Ibogun village in Ifo local government area of Ogun State at N10 per annum for the use of the newly established Coker-Ibogun Local Council Development Area, LCDA. It was gathered that the building will serve as secretariat of the council and has facilities…

NNPC Assures Of Hitch-Free Products Supply At Xmas

Emporium Reporters

As the festive periods draw near, the Nigerian National Petroleum Corporation (NNPC), has assured that it would ensure a hitch-free supply of petroleum products nationwide during the season. Group managing director of the corporation, Dr. Maikanti Baru, who made the commitment during the inauguration of the board of directors of the Petroleum Products Marketing Company (PPMC), a subsidiary of the NNPC, charged that the company must ensure steady supply of petroleum products even well beyond the festive periods hitherto often characterised by supply hiccups. “The festive season is fast approaching,…

MAN Decries Lagos Govt ‘Stop Work Order’ To Sand Dredgers

Emporium Reporters

The Miners Association of Nigeria (MAN) has decried the Stop Work Order issued by the Lagos State Government to sand dredgers in the state. This is even as they note the reaction by the Ministry of Mines and Steel Development nullifying the order. In a statement to LEADERSHIP signed by the National Secretary Dele Ayanleke, it stated that “The attention of Miners Association of Nigeria has been drown to the recent work – stop order issued by Lagos State Government to all sand dredgers in Lagos “It is a known…

Annie Idibia Empowers 1000 Youths To Mark Birthday

Emporium Reporters

Mrs Annie Idibia, wife to Nigeria’s music icon, 2baba, says she is celebrating her birthday with the commencement of an empowerment training programme for 1000 youths from across the country. She said this during a press conference recently in Abuja to mark the commencement of the training programme for 1000 youths. “This is Annie Idibia Care Foundation, also known as Aicare Foundation’s free empowerment training for 1000 youths in Abuja. “We have 15 skills and over 20 facilitators who are professionals. This training will last for six days from 8.30am…

Arik Shareholders Slam Ethiopian Airlines N20bn Suit

Emporium Reporters

Following recent claims in the media that Ethiopian Airlines is negotiating the takeover Arik Air Limited, shareholders of the airline have filed a N20 billion suit against the East African carrier, accusing them of sharp practices. The suit was instituted by the shareholders of the airline at the Federal High Court, Lagos against Ethiopian Airlines, the Federal Ministry of Transportation and the Attorney General of the Federation, Mr Abubakar Malami. LEADERSHIP obtained a copy of the suit which was filed on Sept.6, 2017 by Arik Air’s counsel, Mr Babajide Koku…

Adeola Agoro Urges Nigerians To Harness Social Capital

Emporium Reporters
Alhaja Adeola Agoro

An Abuja based Media Consultant, Alhaja Adeola Agoro has advised Nigerians to harness their social relationship otherwise known as social capital for potential benefits. Adeola Agoro, made this call at the 2nd Annual Lecture of the Aliyu Ilias Foundation in Abuja on Wednesday . She stated that social capital is a network of social connections that exist among people of different diverse , and their shared values and norms of behaviour, which enables and encourages mutual beneficial social cooperation.Agoro said there was need for Nigerians to build up social capital.“You…