The Central Bank of Nigeria (CBN), at the weekend, warned Deposit Money Banks (DMBs) to immediately desist from bringing mutilated banknotes as part of their deposits. Composed banknotes or mutilated Naira notes comprise several parts of different banknotes of the same denomination. The parts of such currency notes are usually put together with the intention … [Read more…]
The Maritime Workers Union of Nigeria, MWUN, has raised the alarm over increasing security threats at the port formations and private jetties across the country, saying they have become very porous for vessels laden with dangerous cargoes such as illicit drugs, arms and ammunition, among others. MWUN blamed the absence of Tally clerks and onboard … [Read more…]
Tomato Jos Farming and Processing Limited, has launched its Tomato Jos paste variant into the Nigerian market. The new tomato paste variant, packaged in a 65-gram sachet, is produced directly from fresh tomatoes grown in the country, thereby guaranteeing superior flavour and colour. It is the company’s first consumer product since the commencement of operations … [Read more…]
Buhari to inaugurate Dangote fertiliser plant, inspect new seaport in Lagos President Muhammadu Buhari will on Tuesday make an official visit to Lagos to inaugurate the Dangote fertilizer plant, event schedule of his Lagos’ itinerary sighted by Peoples Gazette on Sunday reveals. Mr Buhari is expected to take a factory tour of the Dangote TPA … [Read more…]
The Manufacturers Association of Nigeria (MAN), has called for Federal Government’s urgent intervention to support the production of goods, as cost of diesel hits N720 per litre. Mr Lanre Popoola, the Chairman, Manufacturers Association of Nigeria (MAN), Oyo, Osun, Ekiti and Ondo branches, stated this in Ibadan on Sunday, while speaking on the increase … [Read more…]
As the Federal Government makes effort to clear the long queues occasioned by petrol scarcity brought about as a result of supply of adulterated petrol, President Muhammadu Buhari has approved the sanctioning of those responsible . Last month, the government had said methanol, a substance that is usually present in petrol, found in the … [Read more…]
Domestic airlines are currently groaning under acute scarcity of aviation fuel, popularly called Jet A1, with only few operators getting supplies from marketers. This is just as the Chief Executive Officer of Cleanserve Energy, a major marketer of Jet A1, Mr Chris Ndulle, told Vanguard that the current price of crude oil in the … [Read more…]
The Federal Government has approved a 25 percent increase in freight rate for petroleum products, raising it from N9.5 per litre to N11.87/litre, the National President of the Nigerian Association of Road Transport Owners (NARTO), Alhaji Yusuf Othman has disclosed. Alhaji Othman who disclosed this at NARTO’s 22 Annual General Meeting in Abuja, yesterday, … [Read more…]
Chairman of Nigeria Governors Forum (NGF) and Governor of Ekiti State, Kayode Fayemi, has said community policing is the way to go. However, he collaboration with the mainstream security agencies is needed to achieve results as obtainable in western nations. Become a partner with USA companies, promote their offers and get paid in US … [Read more…]
Indigenes of Lasukugbene in Southern Ijaw Local Government Area of Bayelsa State have lamented the adverse impact of crude oil leakage from an oil facility owned by Nigerian Agip Oil Company, NAOC. The natives are also calling on the oil firm to contain a second spill point from last month’s leakage from the Tebidaba/Brass … [Read more…]
The Federal Government through its Nigerian Midstream and Downstream Petroleum Regulatory Authority may return to the overseas supplier, the contaminated Premium Motor Spirit, popularly called petrol, which was imported into the country by the Nigerian National Petroleum Company Limited. Oil marketers estimated that about 100 million litres of contaminated petrol were imported into Nigeria … [Read more…]
A civil society organisation, the Socio-Economic Research and Development Centre, SERDEC, Tuesday, called on the federal government, agencies and international bodies to put an end to what it called the marginalization and economic injustice being perpetrated against the Original Inhabitants, OIs, in the Federal Capital Territory, FCT. The group made the call at the … [Read more…]