Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has been moved to the Aso Rock Villa to face an Investigative Panel set up to probe the activities of the agency under Magu’s watch. As at 3pm on Monday, he was in the villa in company of[Read More…]
Chief Ladi Jadesimi, Chairman of LADOL Group. The Federal government has reaffirmed the Presidential approval issued in 2018, granting Global Resource Management Limited a- 25 year lease covering the entire area of the Ladol Free Zone. Chairman of Ladol, Chief Ladi Jadesimi who disclosed this in a statement in Lagos,[Read More…]
The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has stated that only proper fiscal framework can facilitate and accelerate new oil field licensing round bid in the country. Kyari said without legal framework, bid rounds may not work, adding that the industry is moving ahead[Read More…]
By Admin The House of Representatives has passed the revised 2020 Appropriation Bill, raising the national budget from the proposed N10.5tn to N10.8tn. Although the Committees on Appropriations and Finance, whose report was considered and adopted at plenary on Wednesday recommended N10,801,544,664,642, the lawmakers inserted an additional[Read More…]
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