The Nigerian National Petroleum Company Limited (NNPCL) has reported N9.3trn petrol imports amid fuel scarcity. NNPC revealed that the Federal Government incurred a substantial debt of ₦5.1 trillion in under-recovery and energy security costs related to fuel importation for the year 2023. According to NNPCL’s financial statement for the fiscal year ending December 31, 2023, … [Read more…]
Following the prolonged crisis between the incumbent governor of Rivers State, Siminalayi Fubara and minister of the Federal Capital Territory (FCT), Nyesom Wike, the minister has vowed not to leave the Peoples Democratic Party (PDP), that he would fight till the end. Wike who made this known during a media chat with selected news broadcast … [Read more…]
The Enugu State Government, Wednesday, demolished properties used by kidnappers for detaining their victims in the outskirts of Enugu, the state capital. Among the properties were an uncompleted storey-building with an underground tunnel at Nkwubor Layout in Emene Nike where a large cache of arms and ammunition were recovered and a large farm housing a … [Read more…]
The acting youth leader of the All Progressives Congress, Enugu State chapter, Comrade Chidiebere Ezeh has lauded the Minister of Innovation, Science and Technology, Chief. Uche Nnaji on the commemoration of his one year in office. In a statement issued by him and made available to PACESETTER, Ezeh praised Nnaji’s “leadership acumen and unwavering commitment … [Read more…]
The Nigerian National Petroleum Company Limited (NNPCL) has successfully repaid 60% of a $1.036 billion loan that it took in September 2021 to finance the acquisition of a 20% stake in the Dangote Petroleum Refinery and Petrochemicals Free Zone Enterprise (DPRP FZE). As of December 31, 2023, NNPC has repaid $625 million of the principal … [Read more…]
The Nigerian Air Force said on Wednesday that its fighter aircraft of Air Component Operation Hadin Kai successfully executed an air interdiction mission on August 16, 2024, in Arina, Southern Tumbuns, Borno State, killing top terrorist commanders Munzir Arika, Sani Dilla, and several others. Air Vice Marshal Edward Gabkwet, Director of Public Relations and Information, … [Read more…]
A police detective has stated that no fewer than 27 kidnappers, including members of the Auto Pilot, also known as Unknown Gunmen, a notorious breakaway faction of the proscribed Indigenous People of Biafra (IPOB) loyal to the Finland based Simon Ekpa, which terrorized Enugu and its environs has been gunned down in shoot-outs with security … [Read more…]
The Peoples Democratic Party, PDP, Abia State chapter, has slammed the Deputy Speaker of the House of Representatives, Hon. Benjamin Kalu over his statement that as the number six citizen in Nigeria’s political hierarchy, he will not allow another party to win his state in 2027. The party stated that Kalu’s number six position is … [Read more…]
The Executive Governor of Nasarawa State, His Excellency, Engr. Abdullahi A. Sule, received the Chairman and members of the Governing Council of the Federal College of Education (Technical), Keana, at the Government House on Tuesday, August 20, 2024. According to a statement issued by the Directorate of Strategic Communication Nasarawa State Government House, the courtesy … [Read more…]
Enugu State Government will in the coming days move against properties, whether private residences or business premises, used for kidnap purposes, the state government has said. In a statement issued by the Secretary to the State Government, Prof. Chidiebere Onyia, on Tuesday, the government said the step was in continuation of the determined effort of … [Read more…]
Rivers State Governor, Siminalayi Fubara, has insisted that Rivers is still controlled by the People’s Democratic Party (PDP), proving wrong speculators of his imaginary dumping of the party. The governor emphasised the importance of clarifying that position to discountenance rumours being peddled in some quarters that he has left the PDP. Governor Fubara made the … [Read more…]
The legal representatives of the Nigeria Labour Congress (NLC) and its president, Comrade Joe Ajaero, have formally requested a rescheduling of the latter’s interview by the Nigeria Police Force (NPF) over certain allegations. In a letter addressed to the Inspector-General of Police, and Deputy Commissioner of Police (DCP) Mohammed Ahmed Sanusi, on Tuesday, the NLC … [Read more…]