BREAKING: AMCON Takes Over IBEDC

The Assets Management Corporation of Nigeria (AMCON) has taken over the Ibadan Electricity Distribution Company(IBEDC) Ltd over insolvency. The Chief Operating Officer (COO) Engineer John Ayodele disclosed this in a memo to members of staff intimating them of the development, The Nation gathered. Ayodele, in the January 20 memo, said the company fell under receivership…

Read More

FCCPC, Shippers’ Council Sign Agreement For Fair Competition

The Federal Competition and Consumer Protection Commission (FCCPC) has signed a Memorandum of Understanding (MoU) with the Nigerian Shippers’ Council (NSC) to ensure fair competition among operators in the industry. FCCPC’s Chief Executive Officer, Mr Babatunde Irukera, said at the ceremony on Thursday, in Abuja that the move would remove bottlenecks and increase effective commerce…

Read More

Maritime Security: UN Lauds Nigeria Over Successful Prosecution, Conviction Of Pirates

The United Nations Office on Drugs and Crime (UNODC), has commended Nigeria for the first-ever successful prosecution and conviction of pirates in Africa. This is contained in a statement issued by the Head of Strategic Communication, Office of the National Security Adviser, Mr Zakari Usman on Thursday. He said the Executive Director of UNODC, Ghada…

Read More

How To Implement Borno 25-Year Development Plan

To transform Borno State’s 25-year development plan, the quality and capacity of the civil service (CVS) will be enhanced for productivity and efficiency of workers. They are to formulate and implement programmes that are in accordance with Governor Babagana Zulum’s vision to actualize the 10-year strategic transformation plan. Unfolding the socioeconomic plans, yesterday (Thursday) in…

Read More

Araraume’s Removal As NNPC Board Chair: Imo State And Politics Of Self-Destruction

The removal of Senator Ifeanyi Araraume as chairman of the Board of the Nigerian National Petroleum Company Limited (NNPC), has brought to the fore, the dangers of the politics of self-destruction which is currently undermining the socio-political and economic development of the state. Today, Imo state has become a theatre of war, blackmail and political…

Read More