The federal government of Nigeria has reduced the number of fuel importers into the country from 43 to 29 for the third quarter. According to Tribune, this follows an approval from President Muhammadu Buhari to the Petroleum Products Pricing Regulatory Agency (PPPRA). Previously, 43 marketers were given import licenses and allocation but the significant reduction could be seen as a way of blocking leakages in oil and gas sector by the government.
The 29 marketers include the Nigerian National Petroleum Corporation (NNPC) which in the last couple of months struggled to sustain supply.
NNPC,NIPCO Plc, Oando Plc, Conoil, Mobil Oil, Masters Energy, Techno Oil and Folawiyo Oil and Gas, Total Nigeria Plc and Mobil Oil Plc are some of the companies granted imported allocations.
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President Muhammadu Buhari will lead a delegation which will include Governor of Oyo State, Imo State, Edo State and two others. They will accompany President Muhammadu Buhari to the United States where he will meet with President Barack Obama in Washington, DC on July 19th, 2015. An 18-man delegation made up of top aides and political associates of the President as well as top civil servants, representatives from the Office of the National Security Adviser, and representatives from economic policy and foreign affairs ministry will also accompany the president. The former Governor of Rivers State Rotimi Amaechi, the former Vice Presidential candidate to Buhari Tunde Bakare, and former member of the House of Representatives Farouk Adamu are listed on the Presidential delegation. The three-day visit is expected to discuss ways of partnering with Nigeria to defeat Boko Haram and explore ways of combating corruption in Nigeria. President Buhari will meet with President Obama on July 20th in the White House.
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A platform where women can connect, engage and learn from one another was created by the Leading Ladies Africa. It held the inaugural edition of its Power Talk Series tagged “Leveraging on the Power of Online Media.” The event took place today Sunday July 12 at the Social Place, Victoria Island and was inspiring.
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A comprehensive report by a Federal/Lagos State Governments Technical Committee has mapped out strategies to put an end to the intractable crises of traffic congestion, security threat and infrastructure collapse in Apapa.
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On Tuesday Stallion Group launched the first Nigerian made Volkswagen passenger and commercial vehicles assembled at its now brand new plant, located along the Mile 2-Okokomaiko axis of the Lagos-Badagry Expressway, Leadership informs.Volkswagen reopens assembling plant in Nigeria after 20 years
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Greece’s parliament has backed a government package of economic reforms aimed at ending the country’s debt crisis and securing a new bailout. After winning cross-party support in a late-night vote, PM Alexis Tsipras said he had a “strong mandate” to complete negotiations with Greece’s creditors. However, some of his own MPs withheld their support in protest at austerity measures contained in the new package. The proposals are to be studied by eurozone finance ministers later.
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Lagos State Governor, Mr. Akinwunmi Ambode on Friday said his administration will take advantage of the huge potentials available in the hospitality sector to create jobs for youths in the state.
The Governor, who spoke at the official commissioning of The George, a hospitality centre in Ikoyi?, Lagos, said the government will expand the frontiers of the hospitality industry in the state so as to attract investment.
He said the current economic realities in the country have made it necessary for the state to develop a non-oil sector to ensure sustainable revenue source.
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Lagos – A global health company and the Ori Iyanrin Primary Healthcare Centre in Lagos have collaborated to overhaul and refurbish mother and child care facilities at the centre.
Philips, the Netherlands-headquartered company, Philips has upgraded the facilities in the labour, paediatric and new born baby wards, designing them to support the well-being and recovery of expectant mothers and their new born babies.
It is anticipated that over time, as a result of this pioneering project, many lives will also be saved.
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LG’s much leaked mid-ranger has been announced, but rather than being called the LG G4S its official title is the LG G4 Beat. Many of the specs are as we’d heard though, including a 5.2-inch 1080 x 1920 screen, 1.5GHz octa-core Snapdragon 615 processor and 1.5GB of RAM.
LG is seemingly going big on the camera in the G4 Beat, as while the rear snapper is just 8MP it uses LG’s Colour Spectrum Sensor for more natural colours and it has a laser autofocus and manual mode.
The front-facing camera doesn’t sound too shabby either. It’s got a 5MP sensor and inherits LG’s Gesture Interval Shot mode, allowing you to take four consecutive shots with a single hand gesture.
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