By President Bola Ahmed Tinubu As the President of the Federal Republic of Nigeria, I lead a country of more than 200 million people. At the same time, in my role as Chair of the Economic Community of West African States (ECOWAS), I preside over a region battling with security threats and socioeconomic challenges. These pressing issues and their link to climate change were at the forefront of my mind during my participation at the COP28 World Climate Action Summit in Dubai, United Arab Emirates. COP28 marked a critical milestone with the first Global Stocktake on implementing the Paris Agreements,…
Author: Michael Chibuzo
By Michael Chibuzo On December 7, 2023, the Nigerian media space was awash with news of the winding down of the on-ground presence of American multinational consumer goods firm, Procter & Gamble (P&G) in Nigeria. The Chief Financial Officer of P&G, Andre Schulten announced in New York that the company will be transitioning from manufacturing its products in Nigeria to importing its products into Nigeria. P&G is the manufacturer of popular personal care and hygiene products such as Pampers diapers, Always sanitary pads, Oral B toothpaste, Ariel detergent, Safeguard deodorant/soap, Olay skincare, Ambi Pur air freshener and Gillette shaving products.…
Nigerians especially on the social media app X (formerly known as twitter) have called out the presidential candidate of the Labour Party in the 2023 presidential election, Mr. Peter Obi over his glaring boycott of many popular church programmes after his loss at the presidential elections. Many critics including supporters of Mr. Peter Obi popularly called Obidients expressed their reservation on the absence of the Labour Party opposition leader in many annual events/programmes of popular churches especially Pentecostal Churches, which Mr. Peter Obi made sure he attended (sometimes uninvited) last year during the presidential election campaign season. Last Friday, the…
The Nigerian Navy has taken delivery of 12 new Comstrac System Ovation Unmanned Aerial Vehicles (UAVs) it acquired to improve its fight against maritime crime. The Chief of Naval Staff (CNS), Vice Admiral Emmanuel Ogalla, on Friday, commissioned and inducted the UAVs into service during a ceremony held at the Naval Air Base in Ojo, Lagos. The CNS who was represented by the Chief of Training and Operations, Rear Admiral Zakariyyah Muhammed said that the surveillance UAVs would complement the already existing air assets of the Nigerian Navy, while supporting the surface ships and maritime domain awareness platforms. “In an…
The Nigerian Navy Forward Operating Base (FOB) Igbokoda in Ondo has announced the arrest of a 77-meter-long Motor Tanker (MT) VINNALARIS 1 LAGOS. According to a statement by the Nigerian Navy, the vessel had 17 crew members onboard at the time of arrest in the early hours of Thursday 7 December, 2023 and were caught engaging in illegal siphoning of crude oil from one of the well heads at EBESAN oil field about 7 nautical miles off the coast of Awoye riverine community in Ilaje Local Government Area of Ondo State. The apprehension of the vessel, the Navy revealed, was…
A UK Commercial Court handling legal battle between Process & Industrial Developments Limited (P&ID) and the Nigerian government has awarded Nigeria £20 million in damages and compensation to be paid within 28 days. This ruling follows Nigeria’s historic victory in October 2023, which saw the court quash the fraudulent $11 billion arbitration award which was in favor of P&ID. After Nigeria’s victory, the legal team of Nigeria sought at least £20 million back from P&ID as compensation to cover for damages and legal fees expended in the case. The P&ID lawyers fought to reduce the amount it would pay to…
By Hon. Kamen Chuks Ogbonna My attention has been drawn to the above titled release from Dr Alex Obiogbolu, the Special Adviser on political matters to Governor Charles Soludo, recently in response to Senator Dr Ifeanyi Ubah’s factual statement that Anambra has not grown under the ruling All Progressives Grand Alliance (APGA) and that time has come to rid the state of the APGA toga of deceit in order to commence an immediate advancement to meet up with other states and compete favourably with other developed cities of the world. My response to Chief Obiogbolu is simple, allow the real…
President Bola Tinubu, on Thursday, in Abuja expressed optimism about the prospects of increased investments from Shell Petroleum Development Company of Nigeria (SPDC), emphasizing Nigeria’s long-term relationship with the company, which discovered the first commercial oil field at Oloibiri in the Niger Delta in 1956. Receiving the management of Shell Group, led by its Global Integrated Gas and Upstream Director, Ms. Zoe Yujnovich, the President said his administration will continue to ensure the security and viability of existing and new investments in the country. “We have made progress since our last meeting. I will continue to support and encourage…
The first crude feedstock for Nigeria’s flagship oil refinery, the 650,000 b/d Dangote refinery is heading to the plant and set to be received by the refinery on Thursday evening at 7pm local time. According to an oil tanker tracking platform known as the S&P Global MINT tanker tracking platform, an OTIS tanker loaded a 950,000 barrel cargo of Nigeria’s Agbami crude on Dec. 6 and is currently flagged as en route to Lekki, which is the nearest land port to Dangote’s offshore crude receiving terminal. The tanker, chartered by the Nigerian National Petroleum Company Limited, is the first of…
Kogi State Police Command has confirmed that gunmen attacked the Secretary of the Kogi State Governorship Election Tribunal, Mr David Umar Mike in Lokoja and carted away sensitive petition documents on the just concluded gubernatorial election in the state. The state police command’s Police Public Relations Officer (PPRO), SP William Aya who disclosed this in Lokoja on Wednesday said the attackers carted away all the petition documents filed by five political parties at gunpoint. The document collected from the custody of the Tribunal Secretary include, petitions filed by four (4) political parties: Action Alliance (AA), Action People’s Party (APP), Peoples…