Nigeria News – Page 9 – FancyTvChannel

HRM Oba Babatunde Ogunlaja JP courtesy visit to the Nigeria High Commission UK

The members of Epe Division Descendants Union UK led by their patron HRM Oba Babatunde Ogunlaja JP. The Aladeshonyi of Odo-Noforija Kingdom, Eredo Local Development Authority, Lagos State. Nigeria and his beautiful wife Olori Shukurat Taiwo, friends and fans from all works of life paid a homage to the Nigeria High Commissioner at his Northumberland Avenue office in London. The influential, gallant, patriotic, eloquent and valuable Royal father whose love for community development and societal growth is unparalleled was joyful to see some of the members led by Aare Tony…

Atiku Abubakar promises to privatise NNPC, liberalise oil and mineral sectors if elected

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Atiku Abubakar says he will privatise NNPC, liberalise oil and mineral sectors if elected Nigeria’s former vice president Atiku Abubakar will privatise parts of the country’s state oil company and allow the naira currency to float to attract foreign investment if elected as head of state, he told Reuters. Abubakar also confirmed that he intends to run in next year’s presidential election, becoming the biggest opposition heavyweight to say he will take on Muhammadu Buhari. He said that as vice president in the PDP administration from 1999-2007, he implemented a…

Bonga oilfield has produced 763mn barrels of oil since 2005 – Shell

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Shell Nigeria Exploration and Production Company (SNEPCo) yesterday disclosed that it has delivered a total of 763 million barrels of oil from the Bonga field between first production in 2005 and 2017, Leadership reports. In addition, the company said it is expanding the field with further drilling of wells in Bonga Phases 2 and 3 and through a subsea tie-back that unlocked the nearby Bonga North West field in August 2014. A statement signed by the company’s spokesperson, Bamidele Odugbesan quoted SNEPCo managing director, Bayo Ojulari, as saying that the…

Nigeria have talented fearless youngsters, Say’s Joseph Yobo

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Joseph Yobo has urged Nigeria to focus on their first game rather than dream of the 2018 FIFA World Cup Russia™ Final, and backed them to hold their own against Argentina. The Super Eagles begin their Group D campaign against Croatia in Kaliningrad, before taking on Iceland and then Lionel Messi and Co. “It should be one game at a time,” Nigeria’s joint-most-capped player (101 appearances), who played at Korea/Japan 2002, South Africa 2010 and Brazil 2014 before retiring, told News Agency of Nigeria. “You don’t go to the World…

Oando PLC Announces First Quarter, 2018 Results, Posts N4.2 Billion Profit-After-Tax

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Indigenious oil company, Oando PLC has registered yet another win with the publication of N4.2 billion profit-after-tax (PAT) in its Q1 2018 results, despite the ongoing SEC-led forensic audit into the affairs of the firm. Oando has cashed into the favourable micro and macro business environment characterised by an increase in national oil production, exchange rate stability, as well as an increase in global oil prices which averaged $66 per barrel in the first quarter of the year, $3 more than the projected average of $63 for 2018 and 2019….

U.S. govt spends $4.6 billion in 14 years on HIV/AIDS in Nigeria

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US President Emergency Plan For AIDS Relief (PEPFAR) has spent about $4.7billion in the past 14 years to fight HIV/AIDS in Nigeria. The Country Director, US Public Health Service, Mahesh Swaminathan, stated this on Thursday at a press conference attended by Nigerian officials on the forthcoming Nigeria Aids Indicators and Impact Survey (NAIIS) in Abuja. NAIIS is a national household survey to be conducted by the Nigerian government with support from PEPFAR and other partners. The survey, which will begin in June, will last for about six months and cover…

Two Sentenced to Death for Armed Robbery in Ekiti

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Ado Ekiti High Court has sentenced two men, Ariyo Ayodeji (22) and Ayodele Oluwakayode (20), to death for armed robbery. The convicts were arraigned on a four-count charge of conspiracy and armed robbery contrary to Section 516 of the Criminal Code Cap C16 Laws of Ekiti State and Section 402(2) of the same law. In his judgement, Justice Lekan Ogunmoye sentenced the two accused persons to five years imprisonment on each count of conspiracy and death by hanging on the charge of armed robbery. Justice Ogunmoye ruled: “On conspiracy, the…

Why Nigeria will not sign economic partnership agreement” say’s Buhari

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President Muhammadu Buhari says his insistence on probity, transparency and accountability in the public and private sectors is to secure the future of the country for all Nigerians, especially the youths. Receiving a Letter of Credence from the Head of Delegation of the European Union to Nigeria, Mr. Ketil Iversen Karlsen, at the State House, Abuja, the President said that his administration would therefore continually promote the culture of honesty and integrity in service, which will guarantee a better future for the youth. “Our insistence on probity is to encourage…

Nigeria launches economic diplomacy policy

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Nigeria has launched Economic Diplomacy Initiative (NEDI), insisting on commitment to ensuring adequate consultation, especially with private sector, in taking vital economic decisions. Vice President Yemi Osinbajo, who launched the NEDI, an initiative of the Foreign Affairs Ministry, said the country was committed to all Pan African and other deal that had made Nigeria to stand out as a country, with a view to integrate Africa. ”We are also committed to ensuring adequate consultation is made, especially with the private sector, before we make further commitment to some of the…

Nigeria requests to lean from Mongolia’s agricultural experience

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Ambassador Baba Ahmad Jidda said “It has been 46 years since diplomatic relations between Mongolia and Nigeria was established. Nigeria has developed through the mining industry and has been focusing on oil exports over the past years. The current government is working to develop the agricultural sector. However we lack of experience on this matter. There are a lot of things to learn from Mongolia.” He expressed his willingness to study cashmere production, meat and dairy processing experiences and to explore opportunities for exporting food to Nigeria. Deputy Minister of…