By TAIWO OGUNMOLA-OMILANI, Workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have threatened to cut down the nation’s oil production by 600, 000 barrel per day. Addressing the workers during the picketing of ExxonMobil Office in Lagos on Wednesday, the PENGASSAN Lagos Zonal Chairman, Comrade Abel Agarin, said there has been gradual shutting down of the plants in Mobil locations all over the country. Agarin added that they have started gradual withdrawal from oil and gas installations belonging to Mobil Producing Nigeria Unlimited, the Nigeria’s ExxonMobil arm. “Currently, Mobil is one of the largest oil producing company in Nigeria with about 660,000 barrel per day (bpd). Nigeria’s revenue will be negatively impacted if the oil wells and shut down of oil and gas installations by PENGASSAN is carried out. “Our members have begun gradual withdrawal from oil and gas installations belonging to Mobil in Nigeria....
by BUKOLA IDOWU, Former governor of the Central Bank of Nigeria (CBN), Professor Charles Soludo has charged the federal government and the apex bank to accelerate the momentum of recovery that can make a dent on poverty and unemployment. Soludo who gave the keynote address at the Renissance Capital Investors Conference in Lagos, yesterday, said, “Forex and monetary policy must change fundamentally. ‘‘Hot emotions, infantile nationalism or neo-socialist command and control patchworks will not take the country out of its present challenges,’’ he said. He said there is no credible substitute to sound market economy framework for an economy such as Nigeria. He also charged the government to work towards restoring the credibility and ensure that the apex banking sector regulator gets the desired independence. He also stressed the need to eliminate multiple forex rates in the country to ensure transparency in the system. According to him, the Nigerian economy is paying a heavy price...
Recently, the Nigerian Airspace Management Agency (NAMA) made inroads in the area of proper and efficient management of navigational aids which has helped in no little measure to ease landing of aircraft in all the airports in the country. ANTHONY AWUNOR, in this piece, looks at the performance of the agency in that regard. Perennial recurrence of flight cancellations and delays owing to the weather abnormalities are major challenges airline operators face in the country. In aviation, the situation becomes more worrisome due to, either heavy rainfall, thunderstorm, cloud including the harmattan haze phenomenon which usually occur towards the end of every year. Cautious of the above fact, NAMA recently pledged its readiness in landing aircraft at zero visibility just as the agency also revealed its plan to install Instrument Landing Systems (ILS) in no fewer than 18 airports nationwide to ensure safety in the airspace. Managing director of NAMA, Captain Fola Akinkuotu,...
Since November 2013 when the Nigerian electricity sector was privatised the industry has not been  the same. A good number of Nigerians believe the electricity supply to their homes have declined while tariff continue to increase. The industry has been bedevilled by blame games. FESTUS OKOROMADU, writes on the fresh blame game emanating from government’s move to centralise revenue generation in the sector. Many Nigerian have continued to  wonder what is the rationale behind the privatisation of the power sector if the purpose is not to ensure efficiency and improve electricity supply. It is even believed in some quarters that the nation’s power supply situation has worsened since the sector was privatised in November 2013 resulting in some stakeholders demanding for the revocation of the licenses issued to the new operators. To the ordinary Nigerian, the only benefit they have gained  from the privatisation program was the  increase in the tariff they...
Story By CHIKA IZUORA, If current calculations by the federal government scale through then there could be possible increase in electricity tariff perhaps July this year as government considers options to revive the ailing power sector by injecting $7.6 billion (about N2.4 trillion) in five years. These details are contained in the Power Sector Recovery Plan (PSRP), a document formulated in March by the Office of the Vice President and the World Bank Group. The Working Group for the implementation is being coordinated by the SSA to the president on power at the office of the VP, Damilola Ogunbiyi, and the lead energy specialist at WBG, Kyran O’Sullivan. According to the document, government plans to recover the $7.6 billion fund by way of hiking the present electricity tariff outlined in the Multi-Year Tariff Order (MYTO) 2015. It has therefore considered four options and the Working Group is making a decision on which of the...
Newly graduated Midwives will soon be co-opted into the mandatory annual National Youth Service Corps (NYSC) scheme, as one of the means to tackle the menace of maternal death and improve workforce of health workers at Primary Healthcare Centers. The federal government revealed this at the event to commemorate the 2017 International Day of The Midwife (IDM), organised by National Association of Nigerian Nurses and Midwives  (NANNM) in collaboration with the UNFPA. In his keynote address, the Minister of Health, Prof Isaac Adewole expressed sadness over continuous morbidity and mortality of mothers in trying to give life. He noted that the skills of midwives couldn’t be overlooked as far as provision of quality healthcare services was concerned. Adewole also pointed out that most of the health facilities are lacking in adequate human resources in the area of Midwifery, which could only be tackled through including the new nurses in the mandatory one-year service. He...
On Sunday night, President Muhammadu Buhari proceeded on medical vacation, leaving Vice President Yemi Osinbajo to take charge in acting capacity. JONATHAN NDA - ISAIAH reports that there are pending issues which require the urgent attention of the acting president. For the second time this year, President Muhammadu Buhari has embarked on a medical vacation. Unlike the first one, no definite time for his return as the presidency has said his doctors in London will determine his length of stay abroad. Buhari did not leave the country without filling the vacuum created by his absence. He officially handed over to his deputy, Yemi Osinbajo, to hold forte in acting capacity. As the acting president resumes, analysts say there are issues that require urgent attentions which he  needs to tackle in the next one month. Call them banana peels or booby traps, you may not be farther from the truth. Some pending matters...
Donald Trump has fired FBI Director James Comey, who was leading a criminal investigation into whether the president’s advisors colluded with Russia to influence the outcome of last year’s presidential election. On Tuesday, the president cited Comey’s management of the investigation into Hillary Clinton’s private email server as justification for his removal. Comey’s last-minute announcement that the FBI had reopened the email investigation delivered a blow to her presidential campaign and Clinton herself has said that Trump benefitted from Comey’s intervention in the campaign. But democrats have cried foul, saying that the move is reminiscent of the Richard Nixon Watergate scandal. Chuck Schumer, Democratic leader in the Senate, has told Trump he is making “a very big mistake”—and has called for a special prosecutor to investigate Trump’s alleged Russian ties. High profile Republicans have also condemned the sacking of the US’s top law enforcement official. Richard Burr, a Republican leading the Senate...
BY ANAYO ONUKWUGHA Rivers State Governor, Chief Ezebunwo Nyesom Wike has declared that his administration has made more investments in the upgrade of security infrastructure than any other state government in the country. Wike made the declaration on Wednesday when he received members of the Nigeria Medical Association (NMA), at Government House, Port Harcourt, the Rivers State capital. The NMA members had marched from Garrison Junction, Aba Road, through major streets of Port Harcourt to Government House, to protest the killing of their colleague by criminals. The governor, who was represented by the Chief of Staff, Government House, Hon. Chukwuemeka Woke, said he remains committed to the security of lives and property in Rivers State. He stated that crime and criminality have drastically  reduced in the state because of the administration's investments The governor however, said every society has security issues, pointing out that despite the reduction in insecurity, crime has not been totally eliminated. He...
By ANDREW ESSIEN The All Progressives Congress (APC) with support from the International Republican Institute (IRI) will host an External Communications Workshop for the Party’s state Publicity Secretaries in Abuja on Friday, May 12 and Saturday May 13, 2017. The objectives of the two-day workshop include: developing a coordination framework; improving the capacity of spokespersons and developing a code of conduct, among others. According to the APC's National Publicity Secretary, Mallam Bolaji Abdullahi, the workshop is part of the Party's strategies to enhance the capacity of spokespersons and to build an efficient communication system across the states. Abdullahi said: "Our Party is a product of an efficient communication system. After the election, we are looking at strengthening our communication system and processes. And one way to do this is to enhance the capacity of our spokespersons. "We also want to listen to them, to know what challenges they face, so we can correct any...